Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the dividend payout ratio high or low?
The dividend payout ratio of 34.58% is 10% below its 5-year average of 38.53%, around the middle of its 5-year range (24.76%–50.60%).
As of Friday, September 11, 2026. 0.48% above its 12-month average of 34.42%.
Dividend Payout Ratio (34.58%) = TTM Dividends/Share ($2.41) / TTM EPS ($6.97)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-11.
DIVIDEND PAYOUT RATIO
34.58%
DIVIDEND PAYOUT RATIO AVG TTM
34.42%
DIVIDEND PAYOUT RATIO AVG 3Y
37.46%
DIVIDEND PAYOUT RATIO AVG 5Y
38.53%
DIVIDEND PAYOUT RATIO AVG 10Y
38.40%
DIVIDEND PAYOUT RATIO AVG 15Y
36.48%
DIVIDEND PAYOUT RATIO AVG 20Y
33.67%
CURRENT VS TTM AVG
+0.48%
CURRENT VS 3Y AVG
-7.67%
CURRENT VS 5Y AVG
-10.25%
CURRENT VS 10Y AVG
-9.94%
CURRENT VS 15Y AVG
-5.21%
CURRENT VS 20Y AVG
+2.72%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-06-30 | $6.98 | $2.38 | 34.1% |
| 2025-06-30 | $6.24 | $2.26 | 36.2% |
| 2024-06-30 | $5.24 | $2.14 | 40.8% |
| 2023-06-30 | $5.03 | $2.02 | 40.2% |
| 2022-06-30 | $4.95 | $1.90 | 38.4% |
| 2021-06-30 | $4.12 |
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-09-11 | 34.58% |
| 2026-09-10 | 34.58% |
| 2026-09-09 | 34.58% |
| 2026-09-08 | 34.58% |
| 2026-09-04 | 42.89% |
| 2026-09-03 | 34.15% |
| 2026-09-02 | 34.14% |
| 2026-09-01 | 34.15% |
| 2026-08-31 | 34.15% |
| 2026-08-28 | 33.29% |
| 2026-08-27 | 33.29% |
| 2026-08-26 | 33.29% |
| 2026-08-25 | 33.28% |
| 2026-08-24 | 33.29% |
| 2026-08-21 | 33.28% |
| 2026-08-20 | 33.29% |
| 2026-08-19 | 33.29% |
| 2026-08-18 | 33.29% |
| 2026-08-17 | 33.29% |
| 2026-08-14 | 33.28% |
| 2026-08-13 | 33.29% |
| 2026-08-12 | 33.28% |
| 2026-08-11 | 33.29% |
| 2026-08-10 | 33.29% |
| 2026-08-07 | 33.28% |
| 2026-08-06 | 33.29% |
| 2026-08-05 | 33.29% |
| 2026-08-04 | 33.29% |
| 2026-08-03 | 33.28% |
| 2026-07-31 | 33.28% |
| 2026-07-30 | 33.28% |
| 2026-07-29 | 33.29% |
| 2026-07-28 | 33.29% |
| 2026-07-27 | 33.29% |
| 2026-07-24 | 33.29% |
| 2026-07-23 | 33.28% |
| 2026-07-22 | 33.28% |
| 2026-07-21 | 33.29% |
| 2026-07-20 | 33.29% |
| 2026-07-17 | 33.28% |
| 2026-07-16 | 33.29% |
| 2026-07-15 | 33.29% |
| 2026-07-14 | 33.28% |
| 2026-07-13 | 33.28% |
| 2026-07-10 | 33.28% |
| 2026-07-09 | 33.29% |
| 2026-07-08 | 33.28% |
| 2026-07-07 | 33.29% |
| 2026-07-06 | 33.28% |
| 2026-07-02 | 33.28% |
| 2026-07-01 | 33.29% |
| 2026-06-30 | 33.28% |
| 2026-06-29 | 33.28% |
| 2026-06-26 | 33.28% |
| 2026-06-25 | 33.28% |
| 2026-06-24 | 33.29% |
| 2026-06-23 | 33.29% |
| 2026-06-22 | 33.28% |
| 2026-06-18 | 33.28% |
| 2026-06-17 | 33.28% |
| 2026-06-16 | 33.28% |
| 2026-06-15 | 33.29% |
| 2026-06-12 | 33.28% |
| 2026-06-11 | 33.29% |
| 2026-06-10 | 33.28% |
| 2026-06-09 | 33.28% |
| 2026-06-08 | 33.28% |
| 2026-06-05 | 33.29% |
| 2026-06-04 | 33.28% |
| 2026-06-03 | 33.29% |
| 2026-06-02 | 33.30% |
| 2026-06-01 | 33.29% |
| 2026-05-29 | 24.76% |
| 2026-05-28 | 32.86% |
| 2026-05-27 | 32.87% |
| 2026-05-26 | 32.87% |
| 2026-05-22 | 32.87% |
| 2026-05-21 | 32.87% |
| 2026-05-20 | 32.88% |
| 2026-05-19 | 32.87% |
| 2026-05-18 | 32.87% |
| 2026-05-15 | 32.86% |
| 2026-05-14 | 32.88% |
| 2026-05-13 | 32.87% |
| 2026-05-12 | 32.86% |
| 2026-05-11 | 32.87% |
| 2026-05-08 | 32.87% |
| 2026-05-07 | 33.76% |
| 2026-05-06 | 33.77% |
| 2026-05-05 | 33.77% |
| 2026-05-04 | 33.76% |
| 2026-05-01 | 33.76% |
| 2026-04-30 | 33.76% |
| 2026-04-29 | 33.76% |
| 2026-04-28 | 33.76% |
| 2026-04-27 | 33.77% |
| 2026-04-24 | 33.77% |
| 2026-04-23 | 33.77% |
| 2026-04-22 | 33.77% |
| 2026-04-21 | 33.76% |
| 2026-04-20 | 33.77% |
| 2026-04-17 | 33.77% |
| 2026-04-16 | 33.77% |
| 2026-04-15 | 33.76% |
| 2026-04-14 | 33.77% |
| 2026-04-13 | 33.76% |
| 2026-04-10 | 33.77% |
| 2026-04-09 | 33.77% |
| 2026-04-08 | 33.77% |
| 2026-04-07 | 33.77% |
| 2026-04-06 | 33.77% |
| 2026-04-02 | 33.77% |
| 2026-04-01 | 33.76% |
| 2026-03-31 | 33.77% |
| 2026-03-30 | 33.77% |
| 2026-03-27 | 33.77% |
| 2026-03-26 | 33.77% |
| 2026-03-25 | 33.76% |
| 2026-03-24 | 33.77% |
| 2026-03-23 | 33.76% |
| 2026-03-20 | 33.76% |
| 2026-03-19 | 33.77% |
| 2026-03-18 | 33.77% |
| 2026-03-17 | 33.76% |
| 2026-03-16 | 33.76% |
| 2026-03-13 | 33.77% |
| 2026-03-12 | 33.77% |
| 2026-03-11 | 33.77% |
| 2026-03-10 | 33.76% |
| 2026-03-09 | 33.76% |
| 2026-03-06 | 33.77% |
| 2026-03-05 | 42.10% |
| 2026-03-04 | 33.33% |
| 2026-03-03 | 33.34% |
| 2026-03-02 | 33.33% |
| 2026-02-27 | 33.33% |
| 2026-02-26 | 33.33% |
| 2026-02-25 | 33.33% |
| 2026-02-24 | 33.33% |
| 2026-02-23 | 33.34% |
| 2026-02-20 | 33.33% |
| 2026-02-19 | 33.33% |
| 2026-02-18 | 33.33% |
| 2026-02-17 | 33.34% |
| 2026-02-13 | 33.33% |
| 2026-02-12 | 33.34% |
| 2026-02-11 | 33.33% |
| 2026-02-10 | 33.33% |
| 2026-02-09 | 33.33% |
| 2026-02-06 | 35.26% |
| 2026-02-05 | 35.25% |
| 2026-02-04 | 35.26% |
| 2026-02-03 | 35.26% |
| 2026-02-02 | 35.26% |
| 2026-01-30 | 35.26% |
| 2026-01-29 | 35.26% |
| 2026-01-28 | 35.26% |
| 2026-01-27 | 35.26% |
| 2026-01-26 | 35.26% |
| 2026-01-23 | 35.26% |
| 2026-01-22 | 35.26% |
| 2026-01-21 | 35.25% |
| 2026-01-20 | 35.26% |
| 2026-01-16 | 35.25% |
| 2026-01-15 | 35.26% |
| 2026-01-14 | 35.26% |
| 2026-01-13 | 35.26% |
| 2026-01-12 | 35.26% |
| 2026-01-09 | 35.26% |
| 2026-01-08 | 35.25% |
| 2026-01-07 | 35.25% |
| 2026-01-06 | 35.26% |
| 2026-01-05 | 35.26% |
| 2026-01-02 | 35.25% |
| 2025-12-31 | 35.26% |
| 2025-12-30 | 35.26% |
| 2025-12-29 | 35.26% |
| 2025-12-26 | 35.26% |
| 2025-12-24 | 35.25% |
| 2025-12-23 | 35.26% |
| 2025-12-22 | 35.26% |
| 2025-12-19 | 35.26% |
| 2025-12-18 | 35.26% |
| 2025-12-17 | 35.26% |
| 2025-12-16 | 35.26% |
| 2025-12-15 | 35.26% |
| 2025-12-12 | 35.26% |
| 2025-12-11 | 35.26% |
| 2025-12-10 | 35.25% |
| 2025-12-09 | 35.26% |
| 2025-12-08 | 35.26% |
| 2025-12-05 | 35.26% |
| 2025-12-04 | 35.26% |
| 2025-12-03 | 35.26% |
| 2025-12-02 | 35.25% |
| 2025-12-01 | 34.80% |
| 2025-11-28 | 34.81% |
| 2025-11-26 | 34.80% |
| 2025-11-25 | 34.81% |
| 2025-11-24 | 34.80% |
| 2025-11-21 | 34.81% |
| 2025-11-20 | 34.81% |
| 2025-11-19 | 34.81% |
| 2025-11-18 | 34.80% |
| 2025-11-17 | 34.80% |
| 2025-11-14 | 34.81% |
| 2025-11-13 | 34.81% |
| 2025-11-12 | 34.81% |
| 2025-11-11 | 34.81% |
| 2025-11-10 | 34.80% |
| 2025-11-07 | 36.70% |
| 2025-11-06 | 36.69% |
| 2025-11-05 | 36.69% |
| 2025-11-04 | 36.70% |
| 2025-11-03 | 36.70% |
| 2025-10-31 | 36.70% |
| 2025-10-30 | 36.70% |
| 2025-10-29 | 36.70% |
| 2025-10-28 | 36.70% |
| 2025-10-27 | 36.70% |
| 2025-10-24 | 36.69% |
| 2025-10-23 | 36.71% |
| 2025-10-22 | 36.70% |
| 2025-10-21 | 36.70% |
| 2025-10-20 | 36.70% |
| 2025-10-17 | 36.70% |
| 2025-10-16 | 36.70% |
| 2025-10-15 | 36.69% |
| 2025-10-14 | 36.70% |
| 2025-10-13 | 36.70% |
| 2025-10-10 | 36.71% |
| 2025-10-09 | 36.70% |
| 2025-10-08 | 36.70% |
| 2025-10-07 | 36.70% |
| 2025-10-06 | 36.70% |
| 2025-10-03 | 36.70% |
| 2025-10-02 | 36.70% |
| 2025-10-01 | 36.69% |
| 2025-09-30 | 36.70% |
| 2025-09-29 | 36.70% |
| 2025-09-26 | 36.70% |
| 2025-09-25 | 36.70% |
| 2025-09-24 | 36.70% |
| 2025-09-23 | 36.70% |
| 2025-09-22 | 36.70% |
| 2025-09-19 | 36.69% |
| 2025-09-18 | 36.69% |
| 2025-09-17 | 36.70% |
| 2025-09-16 | 36.70% |
| 2025-09-15 | 36.70% |
| 2025-09-12 | 36.70% |
| 2025-09-11 | 36.70% |
| 2025-09-10 | 36.70% |
| 2025-09-09 | 36.70% |
| 2025-09-08 | 36.70% |
| 2025-09-05 | 45.51% |
| 2025-09-04 | 36.22% |
| 2025-09-03 | 36.22% |
| 2025-09-02 | 36.21% |
| 2025-08-29 | 36.21% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| $1.78 |
| 43.2% |
| 2020-06-30 | $3.86 | $1.66 | 43.0% |
| 2019-06-30 | $3.52 | $1.54 | 43.8% |
| 2018-06-30 | $4.88 | $1.36 | 27.9% |
| 2017-06-30 | $3.17 | $1.18 | 37.2% |
| 2016-06-30 | $3.16 | $1.06 | 33.5% |
| 2015-06-30 | $2.61 | $0.94 | 36.0% |
| 2014-06-30 | $2.43 | $0.84 | 34.6% |
| 2013-06-30 | $2.07 | $0.56 | 27.1% |
| 2012-06-30 | $1.80 | $0.44 | 24.4% |
| 2011-06-30 | $1.59 | $0.40 | 25.2% |
| 2010-06-30 | $1.38 | $0.36 | 26.1% |
| 2009-06-30 | $1.23 | $0.32 | 26.0% |
| 2008-06-30 | $1.18 | $0.28 | 23.7% |
| 2007-06-30 | $1.16 | $0.24 | 20.7% |
| 2006-06-30 | $0.98 | $0.20 | 20.4% |
| 2005-06-30 | $0.83 | $0.17 | 20.5% |
| 2004-06-30 | $0.70 | $0.15 | 21.4% |
| 2003-06-30 | $0.56 | $0.14 | 25.0% |
| 2002-06-30 | $0.64 | $0.13 | 20.3% |
| 2001-06-30 | $0.64 | $0.11 | 17.2% |
| 2000-06-30 | $0.41 | $0.09 | 22.0% |
| 1999-06-30 | $0.40 | $0.07 | 18.1% |
| 1998-06-30 | $0.30 | $0.06 | 20.0% |
| 1997-06-30 | $0.23 | $0.05 | 21.9% |
