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 47.66% is 20% below its 5-year average of 59.41%, near the low end of its 5-year range (28.39%–129.40%).
As of Thursday, September 10, 2026. 30.55% below its 12-month average of 68.62%.
Dividend Payout Ratio (47.66%) = TTM Dividends/Share ($0.82) / TTM EPS ($1.72)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-10.
DIVIDEND PAYOUT RATIO
47.66%
DIVIDEND PAYOUT RATIO AVG TTM
68.62%
DIVIDEND PAYOUT RATIO AVG 3Y
75.92%
DIVIDEND PAYOUT RATIO AVG 5Y
59.41%
DIVIDEND PAYOUT RATIO AVG 10Y
43.08%
DIVIDEND PAYOUT RATIO AVG 15Y
35.49%
DIVIDEND PAYOUT RATIO AVG 20Y
36.97%
CURRENT VS TTM AVG
-30.55%
CURRENT VS 3Y AVG
-37.22%
CURRENT VS 5Y AVG
-19.78%
CURRENT VS 10Y AVG
+10.63%
CURRENT VS 15Y AVG
+34.28%
CURRENT VS 20Y AVG
+28.91%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $1.53 | $0.82 | 53.6% |
| 2024-12-31 | ($0.32) | $0.82 | N/A (Loss) |
| 2023-12-31 | $0.89 | $0.82 | 92.1% |
| 2022-12-31 | $1.94 | $0.79 | 40.7% |
| 2021-12-31 | $2.66 | $0.75 | 28.2% |
| 2020-12-31 | $1.28 |
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 |
|---|---|
| 2026-09-10 | 47.66% |
| 2026-09-09 | 47.66% |
| 2026-09-08 | 47.68% |
| 2026-09-04 | 47.69% |
| 2026-09-03 | 47.67% |
| 2026-09-02 | 47.66% |
| 2026-09-01 | 59.59% |
| 2026-08-31 | 47.66% |
| 2026-08-28 | 47.68% |
| 2026-08-27 | 47.67% |
| 2026-08-26 | 47.66% |
| 2026-08-25 | 47.69% |
| 2026-08-24 | 47.69% |
| 2026-08-21 | 47.69% |
| 2026-08-20 | 47.66% |
| 2026-08-19 | 47.68% |
| 2026-08-18 | 47.67% |
| 2026-08-17 | 47.69% |
| 2026-08-14 | 47.67% |
| 2026-08-13 | 47.69% |
| 2026-08-12 | 47.68% |
| 2026-08-11 | 47.67% |
| 2026-08-10 | 47.69% |
| 2026-08-07 | 47.69% |
| 2026-08-06 | 47.66% |
| 2026-08-05 | 47.66% |
| 2026-08-04 | 50.30% |
| 2026-08-03 | 50.29% |
| 2026-07-31 | 50.31% |
| 2026-07-30 | 50.30% |
| 2026-07-29 | 50.32% |
| 2026-07-28 | 50.29% |
| 2026-07-27 | 50.31% |
| 2026-07-24 | 50.32% |
| 2026-07-23 | 50.31% |
| 2026-07-22 | 50.31% |
| 2026-07-21 | 50.31% |
| 2026-07-20 | 50.32% |
| 2026-07-17 | 50.31% |
| 2026-07-16 | 50.31% |
| 2026-07-15 | 50.32% |
| 2026-07-14 | 50.29% |
| 2026-07-13 | 50.32% |
| 2026-07-10 | 50.29% |
| 2026-07-09 | 50.30% |
| 2026-07-08 | 50.31% |
| 2026-07-07 | 50.32% |
| 2026-07-06 | 50.29% |
| 2026-07-02 | 50.30% |
| 2026-07-01 | 50.29% |
| 2026-06-30 | 50.30% |
| 2026-06-29 | 50.30% |
| 2026-06-26 | 50.31% |
| 2026-06-25 | 50.30% |
| 2026-06-24 | 50.29% |
| 2026-06-23 | 50.30% |
| 2026-06-22 | 50.32% |
| 2026-06-18 | 50.31% |
| 2026-06-17 | 50.32% |
| 2026-06-16 | 50.32% |
| 2026-06-15 | 50.29% |
| 2026-06-12 | 50.32% |
| 2026-06-11 | 50.31% |
| 2026-06-10 | 50.29% |
| 2026-06-09 | 50.31% |
| 2026-06-08 | 50.31% |
| 2026-06-05 | 50.31% |
| 2026-06-04 | 50.29% |
| 2026-06-03 | 50.31% |
| 2026-06-02 | 50.29% |
| 2026-06-01 | 37.72% |
| 2026-05-29 | 37.74% |
| 2026-05-28 | 37.72% |
| 2026-05-27 | 37.73% |
| 2026-05-26 | 50.32% |
| 2026-05-22 | 50.32% |
| 2026-05-21 | 50.29% |
| 2026-05-20 | 50.29% |
| 2026-05-19 | 50.29% |
| 2026-05-18 | 50.32% |
| 2026-05-15 | 50.31% |
| 2026-05-14 | 50.30% |
| 2026-05-13 | 50.31% |
| 2026-05-12 | 50.33% |
| 2026-05-11 | 50.29% |
| 2026-05-08 | 50.30% |
| 2026-05-07 | 50.32% |
| 2026-05-06 | 50.31% |
| 2026-05-05 | 53.95% |
| 2026-05-04 | 53.95% |
| 2026-05-01 | 53.95% |
| 2026-04-30 | 53.96% |
| 2026-04-29 | 53.96% |
| 2026-04-28 | 53.96% |
| 2026-04-27 | 53.93% |
| 2026-04-24 | 53.95% |
| 2026-04-23 | 53.95% |
| 2026-04-22 | 53.95% |
| 2026-04-21 | 53.95% |
| 2026-04-20 | 53.95% |
| 2026-04-17 | 53.94% |
| 2026-04-16 | 53.96% |
| 2026-04-15 | 53.94% |
| 2026-04-14 | 53.95% |
| 2026-04-13 | 53.95% |
| 2026-04-10 | 53.95% |
| 2026-04-09 | 53.93% |
| 2026-04-08 | 53.96% |
| 2026-04-07 | 53.96% |
| 2026-04-06 | 53.94% |
| 2026-04-02 | 53.96% |
| 2026-04-01 | 53.94% |
| 2026-03-31 | 53.94% |
| 2026-03-30 | 53.93% |
| 2026-03-27 | 53.96% |
| 2026-03-26 | 53.95% |
| 2026-03-25 | 53.96% |
| 2026-03-24 | 53.95% |
| 2026-03-23 | 53.96% |
| 2026-03-20 | 53.95% |
| 2026-03-19 | 53.93% |
| 2026-03-18 | 53.96% |
| 2026-03-17 | 53.97% |
| 2026-03-16 | 53.93% |
| 2026-03-13 | 53.93% |
| 2026-03-12 | 53.93% |
| 2026-03-11 | 53.96% |
| 2026-03-10 | 53.95% |
| 2026-03-09 | 53.93% |
| 2026-03-06 | 53.96% |
| 2026-03-05 | 53.94% |
| 2026-03-04 | 53.97% |
| 2026-03-03 | 67.45% |
| 2026-03-02 | 53.96% |
| 2026-02-27 | 53.93% |
| 2026-02-26 | 53.94% |
| 2026-02-25 | 53.97% |
| 2026-02-24 | 53.96% |
| 2026-02-23 | 101.24% |
| 2026-02-20 | 101.24% |
| 2026-02-19 | 101.23% |
| 2026-02-18 | 101.25% |
| 2026-02-17 | 101.24% |
| 2026-02-13 | 101.23% |
| 2026-02-12 | 101.22% |
| 2026-02-11 | 101.24% |
| 2026-02-10 | 101.23% |
| 2026-02-09 | 101.24% |
| 2026-02-06 | 101.22% |
| 2026-02-05 | 101.22% |
| 2026-02-04 | 101.22% |
| 2026-02-03 | 101.23% |
| 2026-02-02 | 101.23% |
| 2026-01-30 | 101.24% |
| 2026-01-29 | 101.22% |
| 2026-01-28 | 101.24% |
| 2026-01-27 | 101.22% |
| 2026-01-26 | 101.22% |
| 2026-01-23 | 101.24% |
| 2026-01-22 | 101.24% |
| 2026-01-21 | 101.24% |
| 2026-01-20 | 101.25% |
| 2026-01-16 | 101.25% |
| 2026-01-15 | 101.24% |
| 2026-01-14 | 101.22% |
| 2026-01-13 | 101.23% |
| 2026-01-12 | 101.23% |
| 2026-01-09 | 101.23% |
| 2026-01-08 | 101.22% |
| 2026-01-07 | 101.25% |
| 2026-01-06 | 101.24% |
| 2026-01-05 | 101.22% |
| 2026-01-02 | 101.23% |
| 2025-12-31 | 101.23% |
| 2025-12-30 | 101.22% |
| 2025-12-29 | 101.24% |
| 2025-12-26 | 101.23% |
| 2025-12-24 | 101.24% |
| 2025-12-23 | 101.24% |
| 2025-12-22 | 101.25% |
| 2025-12-19 | 101.23% |
| 2025-12-18 | 101.23% |
| 2025-12-17 | 101.24% |
| 2025-12-16 | 101.24% |
| 2025-12-15 | 101.24% |
| 2025-12-12 | 101.25% |
| 2025-12-11 | 101.22% |
| 2025-12-10 | 101.22% |
| 2025-12-09 | 101.25% |
| 2025-12-08 | 101.24% |
| 2025-12-05 | 101.24% |
| 2025-12-04 | 101.22% |
| 2025-12-03 | 101.24% |
| 2025-12-02 | 126.55% |
| 2025-12-01 | 101.24% |
| 2025-11-28 | 101.23% |
| 2025-11-26 | 101.25% |
| 2025-11-25 | 101.24% |
| 2025-11-24 | 101.25% |
| 2025-11-21 | 101.23% |
| 2025-11-20 | 101.22% |
| 2025-11-19 | 101.24% |
| 2025-11-18 | 101.22% |
| 2025-11-17 | 101.25% |
| 2025-11-14 | 101.22% |
| 2025-11-13 | 101.22% |
| 2025-11-12 | 101.26% |
| 2025-11-11 | 101.23% |
| 2025-11-10 | 101.23% |
| 2025-11-07 | 101.23% |
| 2025-11-06 | 101.25% |
| 2025-11-05 | 101.24% |
| 2024-11-06 | 106.19% |
| 2024-11-04 | 106.21% |
| 2024-10-31 | 106.20% |
| 2024-10-29 | 106.20% |
| 2024-10-25 | 106.21% |
| 2024-10-23 | 106.20% |
| 2024-10-21 | 106.18% |
| 2024-10-17 | 106.20% |
| 2024-10-15 | 106.19% |
| 2024-10-11 | 106.19% |
| 2024-10-09 | 106.21% |
| 2024-10-07 | 106.20% |
| 2024-10-03 | 106.19% |
| 2024-10-01 | 106.19% |
| 2024-09-27 | 106.19% |
| 2024-09-25 | 106.18% |
| 2024-09-23 | 106.20% |
| 2024-09-19 | 106.21% |
| 2024-09-17 | 106.20% |
| 2024-09-13 | 106.21% |
| 2024-09-11 | 106.21% |
| 2024-09-09 | 106.22% |
| 2024-09-05 | 106.19% |
| 2024-09-03 | 106.21% |
| 2024-08-29 | 106.19% |
| 2024-08-27 | 106.20% |
| 2024-08-23 | 106.21% |
| 2024-08-21 | 106.19% |
| 2024-08-19 | 106.21% |
| 2024-08-15 | 106.20% |
| 2024-08-13 | 106.20% |
| 2024-08-09 | 106.19% |
| 2024-08-07 | 106.23% |
| 2024-08-05 | 106.22% |
| 2024-08-01 | 106.19% |
| 2024-07-30 | 106.22% |
| 2024-07-26 | 103.52% |
| 2024-07-24 | 103.50% |
| 2024-07-22 | 103.53% |
| 2024-07-18 | 103.50% |
| 2024-07-16 | 103.54% |
| 2024-07-12 | 103.51% |
| 2024-07-10 | 103.52% |
| 2024-07-08 | 103.51% |
| 2024-07-03 | 103.55% |
| 2024-07-01 | 103.51% |
| 2024-06-27 | 103.49% |
| 2024-06-25 | 103.51% |
Showing the most recent 260 of 2,177 data points. The chart above shows the full history.
| $0.74 |
| 57.8% |
| 2019-12-31 | $1.63 | $0.71 | 43.6% |
| 2018-12-31 | $1.73 | $0.57 | 32.7% |
| 2017-12-31 | $1.14 | $0.38 | 33.3% |
| 2016-12-31 | $0.81 | $0.33 | 40.7% |
| 2015-12-31 | $1.07 | $0.29 | 27.1% |
| 2014-12-31 | $1.01 | $0.25 | 24.8% |
| 2013-12-31 | $0.98 | $0.21 | 21.9% |
| 2012-12-31 | $0.89 | $0.18 | 20.2% |
| 2011-12-31 | $0.87 | $0.10 | 11.5% |
| 2010-12-31 | $0.45 | $0.04 | 8.9% |
| 2009-12-31 | ($2.34) | $0.09 | N/A (Loss) |
| 2008-12-31 | ($3.36) | $1.00 | N/A (Loss) |
| 2007-12-31 | $2.35 | $1.46 | 62.1% |
| 2006-12-31 | $2.61 | $1.38 | 52.9% |
| 2005-12-31 | $2.76 | $1.30 | 47.1% |
| 2004-12-31 | $2.32 | $1.24 | 53.4% |
| 2003-12-31 | $2.14 | $1.22 | 57.0% |
| 2002-12-31 | $2.29 | $1.20 | 52.4% |
| 2001-12-31 | $0.31 | $1.18 | 380.6% |
| 2000-12-31 | $2.32 | $1.12 | 48.3% |
| 1999-12-31 | $2.47 | $1.04 | 42.1% |
| 1998-12-31 | $2.25 | $0.94 | 41.8% |
| 1997-12-31 | $2.09 | $0.84 | 40.2% |
| 1996-12-31 | $1.69 | $0.95 | 56.2% |
