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 79.74% is in line with its 5-year average of 80.15%, around the middle of its 5-year range (57.06%–120.81%).
As of Sunday, July 26, 2026. 0.73% above its 12-month average of 79.17%.
Dividend Payout Ratio (79.74%) = TTM Dividends/Share ($5.08) / TTM EPS ($6.37)
DIVIDEND PAYOUT RATIO
79.74%
DIVIDEND PAYOUT RATIO AVG TTM
79.17%
DIVIDEND PAYOUT RATIO AVG 3Y
78.85%
DIVIDEND PAYOUT RATIO AVG 5Y
80.06%
DIVIDEND PAYOUT RATIO AVG 10Y
75.37%
DIVIDEND PAYOUT RATIO AVG 15Y
72.39%
DIVIDEND PAYOUT RATIO AVG 20Y
68.04%
CURRENT VS TTM AVG
+0.73%
CURRENT VS 3Y AVG
+1.13%
CURRENT VS 5Y AVG
-0.39%
CURRENT VS 10Y AVG
+5.80%
CURRENT VS 15Y AVG
+10.16%
CURRENT VS 20Y AVG
+17.20%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $6.08 | $5.04 | 82.9% |
| 2024 | $7.58 | $4.88 | 64.4% |
| 2023 | $5.21 | $4.72 | 90.6% |
| 2022 | $5.73 | $4.64 | 81.0% |
| 2021 | $5.38 | $4.56 | 84.8% |
| 2020 | $6.90 | $4.28 |
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 |
|---|---|
| 2026-07-24 | 79.74% |
| 2026-07-23 | 79.77% |
| 2026-07-22 | 79.74% |
| 2026-07-21 | 79.74% |
| 2026-07-20 | 79.75% |
| 2026-07-17 | 79.75% |
| 2026-07-16 | 79.75% |
| 2026-07-15 | 79.73% |
| 2026-07-14 | 79.75% |
| 2026-07-13 | 79.76% |
| 2026-07-10 | 79.76% |
| 2026-07-09 | 79.76% |
| 2026-07-08 | 79.74% |
| 2026-07-07 | 79.74% |
| 2026-07-06 | 79.74% |
| 2026-07-02 | 79.75% |
| 2026-07-01 | 79.73% |
| 2026-06-30 | 79.74% |
| 2026-06-29 | 79.73% |
| 2026-06-26 | 79.75% |
| 2026-06-25 | 79.75% |
| 2026-06-24 | 79.77% |
| 2026-06-23 | 79.76% |
| 2026-06-22 | 79.76% |
| 2026-06-18 | 79.75% |
| 2026-06-17 | 79.75% |
| 2026-06-16 | 79.75% |
| 2026-06-15 | 79.74% |
| 2026-06-12 | 79.76% |
| 2026-06-11 | 79.75% |
| 2026-06-10 | 79.77% |
| 2026-06-09 | 79.75% |
| 2026-06-08 | 79.77% |
| 2026-06-05 | 99.54% |
| 2026-06-04 | 79.43% |
| 2026-06-03 | 79.46% |
| 2026-06-02 | 79.41% |
| 2026-06-01 | 79.45% |
| 2026-05-29 | 79.43% |
| 2026-05-28 | 79.43% |
| 2026-05-27 | 79.45% |
| 2026-05-26 | 79.46% |
| 2026-05-22 | 79.42% |
| 2026-05-21 | 79.44% |
| 2026-05-20 | 79.41% |
| 2026-05-19 | 79.41% |
| 2026-05-18 | 79.46% |
| 2026-05-15 | 79.45% |
| 2026-05-14 | 79.46% |
| 2026-05-13 | 79.41% |
| 2026-05-12 | 79.43% |
| 2026-05-11 | 79.43% |
| 2026-05-08 | 79.42% |
| 2026-05-07 | 79.44% |
| 2026-05-06 | 79.43% |
| 2026-05-05 | 79.44% |
| 2026-05-04 | 79.46% |
| 2026-05-01 | 79.42% |
| 2026-04-30 | 79.42% |
| 2026-04-29 | 79.45% |
| 2026-04-28 | 79.42% |
| 2026-04-27 | 83.38% |
| 2026-04-24 | 83.36% |
| 2026-04-23 | 83.34% |
| 2026-04-22 | 83.37% |
| 2026-04-21 | 83.34% |
| 2026-04-20 | 83.34% |
| 2026-04-17 | 83.34% |
| 2026-04-16 | 83.36% |
| 2026-04-15 | 83.37% |
| 2026-04-14 | 83.38% |
| 2026-04-13 | 83.34% |
| 2026-04-10 | 83.38% |
| 2026-04-09 | 83.37% |
| 2026-04-08 | 83.36% |
| 2026-04-07 | 83.36% |
| 2026-04-06 | 83.37% |
| 2026-04-02 | 83.38% |
| 2026-04-01 | 83.34% |
| 2026-03-31 | 83.35% |
| 2026-03-30 | 83.34% |
| 2026-03-27 | 83.34% |
| 2026-03-26 | 83.39% |
| 2026-03-25 | 83.37% |
| 2026-03-24 | 83.38% |
| 2026-03-23 | 83.34% |
| 2026-03-20 | 83.37% |
| 2026-03-19 | 83.36% |
| 2026-03-18 | 83.34% |
| 2026-03-17 | 83.34% |
| 2026-03-16 | 83.37% |
| 2026-03-13 | 83.34% |
| 2026-03-12 | 83.38% |
| 2026-03-11 | 83.36% |
| 2026-03-10 | 83.38% |
| 2026-03-09 | 83.34% |
| 2026-03-06 | 104.12% |
| 2026-03-05 | 83.02% |
| 2026-03-04 | 83.01% |
| 2026-03-03 | 83.04% |
| 2026-03-02 | 83.04% |
| 2026-02-27 | 83.04% |
| 2026-02-26 | 83.01% |
| 2026-02-25 | 83.02% |
| 2026-02-24 | 83.01% |
| 2026-02-23 | 83.05% |
| 2026-02-20 | 83.03% |
| 2026-02-19 | 83.01% |
| 2026-02-18 | 83.05% |
| 2026-02-17 | 83.02% |
| 2026-02-13 | 83.01% |
| 2026-02-12 | 83.05% |
| 2026-02-11 | 85.30% |
| 2026-02-10 | 85.30% |
| 2026-02-09 | 85.30% |
| 2026-02-06 | 85.26% |
| 2026-02-05 | 85.27% |
| 2026-02-04 | 85.26% |
| 2026-02-03 | 85.28% |
| 2026-02-02 | 85.30% |
| 2026-01-30 | 85.29% |
| 2026-01-29 | 85.26% |
| 2026-01-28 | 85.27% |
| 2026-01-27 | 85.29% |
| 2026-01-26 | 85.26% |
| 2026-01-23 | 85.29% |
| 2026-01-22 | 85.27% |
| 2026-01-21 | 85.26% |
| 2026-01-20 | 85.27% |
| 2026-01-16 | 85.30% |
| 2026-01-15 | 85.28% |
| 2026-01-14 | 85.30% |
| 2026-01-13 | 85.30% |
| 2026-01-12 | 85.29% |
| 2026-01-09 | 85.29% |
| 2026-01-08 | 85.28% |
| 2026-01-07 | 85.29% |
| 2026-01-06 | 85.27% |
| 2026-01-05 | 85.26% |
| 2026-01-02 | 85.29% |
| 2025-12-31 | 85.27% |
| 2025-12-30 | 85.30% |
| 2025-12-29 | 85.26% |
| 2025-12-26 | 85.28% |
| 2025-12-24 | 85.26% |
| 2025-12-23 | 85.28% |
| 2025-12-22 | 85.26% |
| 2025-12-19 | 85.28% |
| 2025-12-18 | 85.30% |
| 2025-12-17 | 85.29% |
| 2025-12-16 | 85.28% |
| 2025-12-15 | 85.26% |
| 2025-12-12 | 85.26% |
| 2025-12-11 | 85.26% |
| 2025-12-10 | 85.27% |
| 2025-12-09 | 85.28% |
| 2025-12-08 | 85.26% |
| 2025-12-05 | 105.91% |
| 2025-12-04 | 84.62% |
| 2025-12-03 | 84.61% |
| 2025-12-02 | 84.62% |
| 2025-12-01 | 84.62% |
| 2025-11-28 | 84.59% |
| 2025-11-26 | 84.59% |
| 2025-11-25 | 84.61% |
| 2025-11-24 | 84.59% |
| 2025-11-21 | 84.62% |
| 2025-11-20 | 84.62% |
| 2025-11-19 | 84.60% |
| 2025-11-18 | 84.60% |
| 2025-11-17 | 84.60% |
| 2025-11-14 | 84.60% |
| 2025-11-13 | 84.59% |
| 2025-11-12 | 84.61% |
| 2025-11-11 | 84.59% |
| 2025-11-10 | 84.59% |
| 2025-11-07 | 84.59% |
| 2025-11-06 | 84.60% |
| 2025-11-05 | 84.61% |
| 2025-11-04 | 84.61% |
| 2025-11-03 | 84.58% |
| 2025-10-31 | 84.62% |
| 2025-10-30 | 84.60% |
| 2025-10-29 | 68.88% |
| 2025-10-28 | 68.87% |
| 2025-10-27 | 68.85% |
| 2025-10-24 | 68.86% |
| 2025-10-23 | 68.88% |
| 2025-10-22 | 68.88% |
| 2025-10-21 | 68.89% |
| 2025-10-20 | 68.89% |
| 2025-10-17 | 68.88% |
| 2025-10-16 | 68.88% |
| 2025-10-15 | 68.88% |
| 2025-10-14 | 68.86% |
| 2025-10-13 | 68.88% |
| 2025-10-10 | 68.87% |
| 2025-10-09 | 68.88% |
| 2025-10-08 | 68.88% |
| 2025-10-07 | 68.87% |
| 2025-10-06 | 68.86% |
| 2025-10-03 | 68.85% |
| 2025-10-02 | 68.87% |
| 2025-10-01 | 68.85% |
| 2025-09-30 | 68.88% |
| 2025-09-29 | 68.89% |
| 2025-09-26 | 68.89% |
| 2025-09-25 | 68.89% |
| 2025-09-24 | 68.87% |
| 2025-09-23 | 68.89% |
| 2025-09-22 | 68.87% |
| 2025-09-19 | 68.89% |
| 2025-09-18 | 68.88% |
| 2025-09-17 | 68.87% |
| 2025-09-16 | 68.86% |
| 2025-09-15 | 68.86% |
| 2025-09-12 | 68.87% |
| 2025-09-11 | 68.86% |
| 2025-09-10 | 68.86% |
| 2025-09-09 | 68.87% |
| 2025-09-08 | 68.89% |
| 2025-09-05 | 85.67% |
| 2025-09-04 | 68.31% |
| 2025-09-03 | 68.32% |
| 2025-09-02 | 68.33% |
| 2025-08-29 | 68.33% |
| 2025-08-28 | 68.32% |
| 2025-08-27 | 68.34% |
| 2025-08-26 | 68.32% |
| 2025-08-25 | 68.32% |
| 2025-08-22 | 68.33% |
| 2025-08-21 | 68.34% |
| 2025-08-20 | 68.34% |
| 2025-08-19 | 68.31% |
| 2025-08-18 | 68.32% |
| 2025-08-15 | 68.31% |
| 2025-08-14 | 68.31% |
| 2025-08-13 | 68.32% |
| 2025-08-12 | 68.33% |
| 2025-08-11 | 68.33% |
| 2025-08-08 | 68.30% |
| 2025-08-07 | 68.32% |
| 2025-08-06 | 68.33% |
| 2025-08-05 | 68.33% |
| 2025-08-04 | 68.32% |
| 2025-08-01 | 68.30% |
| 2025-07-31 | 67.58% |
| 2025-07-30 | 67.58% |
| 2025-07-29 | 67.58% |
| 2025-07-28 | 67.56% |
| 2025-07-25 | 67.56% |
| 2025-07-24 | 67.56% |
| 2025-07-23 | 67.57% |
| 2025-07-22 | 67.58% |
| 2025-07-21 | 67.56% |
| 2025-07-18 | 67.56% |
| 2025-07-17 | 67.59% |
| 2025-07-16 | 67.58% |
| 2025-07-15 | 67.58% |
| 2025-07-14 | 67.59% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| 62.0% |
| 2019 | $6.28 | $4.12 | 65.6% |
| 2018 | $4.05 | $4.00 | 98.8% |
| 2017 | $6.44 | $3.88 | 60.2% |
| 2016 | $6.03 | $3.68 | 61.0% |
| 2015 | $2.78 | $3.52 | 126.6% |
| 2014 | $4.07 | $3.26 | 80.0% |
| 2013 | $5.58 | $3.11 | 55.7% |
| 2012 | $4.45 | $2.84 | 63.8% |
| 2011 | $4.02 | $2.68 | 66.8% |
| 2010 | $4.47 | $2.53 | 56.6% |
| 2009 | $4.53 | $2.30 | 50.8% |
| 2008 | $4.06 | $2.22 | 54.8% |
| 2007 | $4.13 | $2.03 | 49.2% |
| 2006 | $3.27 | $1.88 | 57.5% |
| 2005 | $3.30 | $1.73 | 52.3% |
| 2004 | $3.64 | $2.56 | 70.3% |
| 2003 | $3.34 | $1.30 | 39.0% |
| 2002 | $3.24 | $1.15 | 35.5% |
| 2001 | $3.04 | $1.07 | 35.3% |
| 2000 | $3.34 | $1.04 | 31.0% |
| 1999 | $3.11 | $1.00 | 32.1% |
| 1998 | $2.00 | $0.96 | 47.9% |
| 1997 | $1.62 | $0.92 | 56.8% |
| 1996 | $2.49 | $0.88 | 35.4% |
