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 25.16% is 12% above its 5-year average of 22.43%, around the middle of its 5-year range (6.12%–49.16%).
As of Tuesday, July 28, 2026. 17.82% below its 12-month average of 30.62%.
Dividend Payout Ratio (25.16%) = TTM Dividends/Share ($0.75) / TTM EPS ($2.98)
DIVIDEND PAYOUT RATIO
25.16%
DIVIDEND PAYOUT RATIO AVG TTM
30.62%
DIVIDEND PAYOUT RATIO AVG 3Y
25.86%
DIVIDEND PAYOUT RATIO AVG 5Y
22.43%
DIVIDEND PAYOUT RATIO AVG 10Y
24.06%
DIVIDEND PAYOUT RATIO AVG 15Y
45.58%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-17.82%
CURRENT VS 3Y AVG
-2.70%
CURRENT VS 5Y AVG
+12.20%
CURRENT VS 10Y AVG
+4.57%
CURRENT VS 15Y AVG
-44.79%
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $2.51 | $0.73 | 29.1% |
| 2024 | $3.47 | $0.69 | 19.9% |
| 2023 | $4.24 | $0.65 | 15.3% |
| 2022 | ($0.79) | $0.61 | N/A (Loss) |
| 2021 | $7.95 | $0.57 | 7.2% |
| 2020 | $3.45 | $0.53 |
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 |
|---|---|
| 2026-07-27 | 25.16% |
| 2026-07-24 | 25.17% |
| 2026-07-23 | 25.16% |
| 2026-07-22 | 25.17% |
| 2026-07-21 | 25.17% |
| 2026-07-20 | 25.17% |
| 2026-07-17 | 25.17% |
| 2026-07-16 | 25.17% |
| 2026-07-15 | 25.17% |
| 2026-07-14 | 25.17% |
| 2026-07-13 | 25.17% |
| 2026-07-10 | 25.17% |
| 2026-07-09 | 25.17% |
| 2026-07-08 | 25.17% |
| 2026-07-07 | 25.17% |
| 2026-07-06 | 25.16% |
| 2026-07-02 | 25.17% |
| 2026-07-01 | 25.17% |
| 2026-06-30 | 25.17% |
| 2026-06-29 | 25.17% |
| 2026-06-26 | 25.16% |
| 2026-06-25 | 25.17% |
| 2026-06-24 | 25.17% |
| 2026-06-23 | 25.17% |
| 2026-06-22 | 25.17% |
| 2026-06-18 | 25.16% |
| 2026-06-17 | 25.17% |
| 2026-06-16 | 25.17% |
| 2026-06-15 | 25.17% |
| 2026-06-12 | 25.17% |
| 2026-06-11 | 25.17% |
| 2026-06-10 | 25.17% |
| 2026-06-09 | 25.17% |
| 2026-06-08 | 25.17% |
| 2026-06-05 | 25.17% |
| 2026-06-04 | 25.16% |
| 2026-06-03 | 25.17% |
| 2026-06-02 | 25.16% |
| 2026-06-01 | 25.17% |
| 2026-05-29 | 25.16% |
| 2026-05-28 | 25.16% |
| 2026-05-27 | 25.17% |
| 2026-05-26 | 25.17% |
| 2026-05-22 | 25.17% |
| 2026-05-21 | 25.17% |
| 2026-05-20 | 25.17% |
| 2026-05-19 | 25.17% |
| 2026-05-18 | 25.16% |
| 2026-05-15 | 25.17% |
| 2026-05-14 | 18.62% |
| 2026-05-13 | 18.62% |
| 2026-05-12 | 18.62% |
| 2026-05-11 | 24.84% |
| 2026-05-08 | 24.83% |
| 2026-05-07 | 31.62% |
| 2026-05-06 | 31.62% |
| 2026-05-05 | 31.62% |
| 2026-05-04 | 31.63% |
| 2026-05-01 | 31.63% |
| 2026-04-30 | 31.62% |
| 2026-04-29 | 31.62% |
| 2026-04-28 | 31.62% |
| 2026-04-27 | 31.63% |
| 2026-04-24 | 31.63% |
| 2026-04-23 | 31.63% |
| 2026-04-22 | 31.62% |
| 2026-04-21 | 31.63% |
| 2026-04-20 | 31.62% |
| 2026-04-17 | 31.62% |
| 2026-04-16 | 31.63% |
| 2026-04-15 | 31.62% |
| 2026-04-14 | 31.62% |
| 2026-04-13 | 31.62% |
| 2026-04-10 | 31.62% |
| 2026-04-09 | 31.62% |
| 2026-04-08 | 31.62% |
| 2026-04-07 | 31.62% |
| 2026-04-06 | 31.62% |
| 2026-04-02 | 31.63% |
| 2026-04-01 | 31.62% |
| 2026-03-31 | 31.62% |
| 2026-03-30 | 31.63% |
| 2026-03-27 | 31.62% |
| 2026-03-26 | 31.63% |
| 2026-03-25 | 31.63% |
| 2026-03-24 | 31.62% |
| 2026-03-23 | 31.63% |
| 2026-03-20 | 31.62% |
| 2026-03-19 | 31.63% |
| 2026-03-18 | 31.62% |
| 2026-03-17 | 31.62% |
| 2026-03-16 | 31.62% |
| 2026-03-13 | 31.62% |
| 2026-03-12 | 31.63% |
| 2026-03-11 | 31.63% |
| 2026-03-10 | 31.62% |
| 2026-03-09 | 31.62% |
| 2026-03-06 | 31.62% |
| 2026-03-05 | 31.62% |
| 2026-03-04 | 31.63% |
| 2026-03-03 | 31.63% |
| 2026-03-02 | 31.62% |
| 2026-02-27 | 31.62% |
| 2026-02-26 | 31.36% |
| 2026-02-25 | 31.35% |
| 2026-02-24 | 31.36% |
| 2026-02-23 | 31.35% |
| 2026-02-20 | 31.35% |
| 2026-02-19 | 31.36% |
| 2026-02-18 | 31.36% |
| 2026-02-17 | 31.35% |
| 2026-02-13 | 30.94% |
| 2026-02-12 | 30.93% |
| 2026-02-11 | 30.93% |
| 2026-02-10 | 30.93% |
| 2026-02-09 | 30.93% |
| 2026-02-06 | 30.93% |
| 2026-02-05 | 30.93% |
| 2026-02-04 | 30.93% |
| 2026-02-03 | 30.93% |
| 2026-02-02 | 30.93% |
| 2026-01-30 | 30.94% |
| 2026-01-29 | 30.93% |
| 2026-01-28 | 30.93% |
| 2026-01-27 | 30.93% |
| 2026-01-26 | 30.94% |
| 2026-01-23 | 30.93% |
| 2026-01-22 | 30.93% |
| 2026-01-21 | 30.93% |
| 2026-01-20 | 30.93% |
| 2026-01-16 | 30.93% |
| 2026-01-15 | 30.93% |
| 2026-01-14 | 30.93% |
| 2026-01-13 | 30.93% |
| 2026-01-12 | 30.93% |
| 2026-01-09 | 30.93% |
| 2026-01-08 | 30.93% |
| 2026-01-07 | 30.93% |
| 2026-01-06 | 30.93% |
| 2026-01-05 | 30.93% |
| 2026-01-02 | 30.93% |
| 2025-12-31 | 30.93% |
| 2025-12-30 | 30.93% |
| 2025-12-29 | 30.93% |
| 2025-12-26 | 30.93% |
| 2025-12-24 | 30.93% |
| 2025-12-23 | 30.93% |
| 2025-12-22 | 30.93% |
| 2025-12-19 | 30.93% |
| 2025-12-18 | 30.93% |
| 2025-12-17 | 30.93% |
| 2025-12-16 | 30.93% |
| 2025-12-15 | 30.93% |
| 2025-12-12 | 30.93% |
| 2025-12-11 | 30.93% |
| 2025-12-10 | 30.93% |
| 2025-12-09 | 30.93% |
| 2025-12-08 | 30.93% |
| 2025-12-05 | 30.93% |
| 2025-12-04 | 30.93% |
| 2025-12-03 | 30.93% |
| 2025-12-02 | 30.93% |
| 2025-12-01 | 30.93% |
| 2025-11-28 | 30.93% |
| 2025-11-26 | 30.93% |
| 2025-11-25 | 30.93% |
| 2025-11-24 | 30.93% |
| 2025-11-21 | 30.93% |
| 2025-11-20 | 30.93% |
| 2025-11-19 | 30.93% |
| 2025-11-18 | 30.93% |
| 2025-11-17 | 30.93% |
| 2025-11-14 | 23.09% |
| 2025-11-13 | 23.10% |
| 2025-11-12 | 23.09% |
| 2025-11-11 | 23.09% |
| 2025-11-10 | 23.09% |
| 2025-11-07 | 23.09% |
| 2025-11-06 | 25.95% |
| 2025-11-05 | 25.95% |
| 2025-11-04 | 25.95% |
| 2025-11-03 | 34.28% |
| 2025-10-31 | 34.29% |
| 2025-10-30 | 34.28% |
| 2025-10-29 | 34.28% |
| 2025-10-28 | 34.28% |
| 2025-10-27 | 34.29% |
| 2025-10-24 | 34.28% |
| 2025-10-23 | 34.29% |
| 2025-10-22 | 34.28% |
| 2025-10-21 | 34.29% |
| 2025-10-20 | 34.29% |
| 2025-10-17 | 34.29% |
| 2025-10-16 | 34.28% |
| 2025-10-15 | 34.29% |
| 2025-10-14 | 34.29% |
| 2025-10-13 | 34.28% |
| 2025-10-10 | 34.28% |
| 2025-10-09 | 34.29% |
| 2025-10-08 | 34.29% |
| 2025-10-07 | 34.29% |
| 2025-10-06 | 34.28% |
| 2025-10-03 | 34.29% |
| 2025-10-02 | 34.29% |
| 2025-10-01 | 34.29% |
| 2025-09-30 | 34.29% |
| 2025-09-29 | 34.29% |
| 2025-09-26 | 34.28% |
| 2025-09-25 | 34.29% |
| 2025-09-24 | 34.29% |
| 2025-09-23 | 34.29% |
| 2025-09-22 | 34.29% |
| 2025-09-19 | 34.28% |
| 2025-09-18 | 34.28% |
| 2025-09-17 | 34.28% |
| 2025-09-16 | 34.28% |
| 2025-09-15 | 34.29% |
| 2025-09-12 | 34.29% |
| 2025-09-11 | 34.28% |
| 2025-09-10 | 34.29% |
| 2025-09-09 | 34.28% |
| 2025-09-08 | 34.28% |
| 2025-09-05 | 34.29% |
| 2025-09-04 | 34.28% |
| 2025-09-03 | 34.28% |
| 2025-09-02 | 34.29% |
| 2025-08-29 | 34.28% |
| 2025-08-28 | 34.29% |
| 2025-08-27 | 34.29% |
| 2025-08-26 | 34.28% |
| 2025-08-25 | 34.28% |
| 2025-08-22 | 34.29% |
| 2025-08-21 | 34.29% |
| 2025-08-20 | 34.29% |
| 2025-08-19 | 34.29% |
| 2025-08-18 | 34.29% |
| 2025-08-15 | 34.28% |
| 2025-08-14 | 34.28% |
| 2025-08-13 | 34.29% |
| 2025-08-12 | 34.28% |
| 2025-08-11 | 42.62% |
| 2025-08-08 | 33.81% |
| 2025-08-07 | 30.60% |
| 2025-08-06 | 30.60% |
| 2025-08-05 | 30.60% |
| 2025-08-04 | 30.61% |
| 2025-08-01 | 30.60% |
| 2025-07-31 | 30.60% |
| 2025-07-30 | 30.60% |
| 2025-07-29 | 30.61% |
| 2025-07-28 | 30.60% |
| 2025-07-25 | 30.61% |
| 2025-07-24 | 30.60% |
| 2025-07-23 | 30.61% |
| 2025-07-22 | 30.60% |
| 2025-07-21 | 30.60% |
| 2025-07-18 | 30.60% |
| 2025-07-17 | 30.60% |
| 2025-07-16 | 30.60% |
| 2025-07-15 | 30.60% |
Showing the most recent 260 of 3,447 data points. The chart above shows the full history.
| 15.4% |
| 2019 | $3.62 | $0.50 | 13.8% |
| 2018 | $2.14 | $0.64 | 29.7% |
| 2017 | $2.10 | $0.67 | 31.9% |
| 2016 | $0.64 | $0.64 | 100.0% |
| 2015 | $1.09 | $1.58 | 145.0% |
| 2014 | $1.25 | $2.03 | 162.4% |
| 2013 | $2.51 | $1.62 | 64.5% |
| 2012 | $2.35 | $0.84 | 35.7% |
| 2011 | $0.01 | $0.71 | N/A |
| 2010 | $1.62 | $0.23 | 14.2% |
| 2009 | $4.15 | $0.00 | 0.0% |
| 2008 | ($5.88) | $0.00 | N/A (Loss) |
| 2007 | $3.92 | $0.00 | 0.0% |
