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 25.01% is 19% below its 5-year average of 30.74%, near the low end of its 5-year range (17.78%–48.53%).
As of Monday, October 5, 2026. 5.54% below its 12-month average of 26.48%.
Dividend Payout Ratio (25.01%) = TTM Dividends/Share ($0.83) / TTM EPS ($3.32)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
25.01%
DIVIDEND PAYOUT RATIO AVG TTM
26.48%
DIVIDEND PAYOUT RATIO AVG 3Y
31.20%
DIVIDEND PAYOUT RATIO AVG 5Y
30.74%
DIVIDEND PAYOUT RATIO AVG 10Y
31.08%
DIVIDEND PAYOUT RATIO AVG 15Y
35.09%
DIVIDEND PAYOUT RATIO AVG 20Y
36.89%
CURRENT VS TTM AVG
-5.54%
CURRENT VS 3Y AVG
-19.82%
CURRENT VS 5Y AVG
-18.64%
CURRENT VS 10Y AVG
-19.53%
CURRENT VS 15Y AVG
-28.73%
CURRENT VS 20Y AVG
-32.19%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $3.09 | $0.81 | 26.2% |
| 2024-12-31 | $2.26 | $0.76 | 33.7% |
| 2023-12-31 | $2.12 | $0.73 | 34.2% |
| 2022-12-31 | $1.71 | $0.73 | 42.4% |
| 2021-12-31 | $3.12 | $0.66 | 21.1% |
| 2020-12-31 | $3.37 |
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 |
|---|---|
| 2026-10-05 | 25.01% |
| 2026-10-02 | 25.01% |
| 2026-10-01 | 25.01% |
| 2026-09-30 | 24.99% |
| 2026-09-29 | 24.99% |
| 2026-09-28 | 24.99% |
| 2026-09-25 | 25.00% |
| 2026-09-24 | 24.99% |
| 2026-09-23 | 25.00% |
| 2026-09-22 | 25.00% |
| 2026-09-21 | 24.99% |
| 2026-09-18 | 25.00% |
| 2026-09-17 | 24.99% |
| 2026-09-16 | 24.99% |
| 2026-09-15 | 25.00% |
| 2026-09-14 | 25.00% |
| 2026-09-11 | 25.00% |
| 2026-09-10 | 24.99% |
| 2026-09-09 | 24.99% |
| 2026-09-08 | 24.99% |
| 2026-09-04 | 24.99% |
| 2026-09-03 | 25.00% |
| 2026-09-02 | 24.99% |
| 2026-09-01 | 25.00% |
| 2026-08-31 | 24.99% |
| 2026-08-28 | 24.99% |
| 2026-08-27 | 25.01% |
| 2026-08-26 | 25.01% |
| 2026-08-25 | 25.00% |
| 2026-08-24 | 25.00% |
| 2026-08-21 | 25.00% |
| 2026-08-20 | 24.99% |
| 2026-08-19 | 25.00% |
| 2026-08-18 | 25.01% |
| 2026-08-17 | 25.01% |
| 2026-08-14 | 25.01% |
| 2026-08-13 | 24.99% |
| 2026-08-12 | 25.63% |
| 2026-08-11 | 25.61% |
| 2026-08-10 | 25.61% |
| 2026-08-07 | 25.62% |
| 2026-08-06 | 25.61% |
| 2026-08-05 | 25.61% |
| 2026-08-04 | 25.63% |
| 2026-08-03 | 25.62% |
| 2026-07-31 | 25.62% |
| 2026-07-30 | 25.63% |
| 2026-07-29 | 25.62% |
| 2026-07-28 | 25.63% |
| 2026-07-27 | 25.63% |
| 2026-07-24 | 25.63% |
| 2026-07-23 | 25.63% |
| 2026-07-22 | 25.63% |
| 2026-07-21 | 25.62% |
| 2026-07-20 | 25.62% |
| 2026-07-17 | 25.62% |
| 2026-07-16 | 25.61% |
| 2026-07-15 | 25.63% |
| 2026-07-14 | 25.62% |
| 2026-07-13 | 25.64% |
| 2026-07-10 | 25.63% |
| 2026-07-09 | 25.64% |
| 2026-07-08 | 25.62% |
| 2026-07-07 | 25.61% |
| 2026-07-06 | 25.61% |
| 2026-07-02 | 25.62% |
| 2026-07-01 | 25.63% |
| 2026-06-30 | 25.63% |
| 2026-06-29 | 25.62% |
| 2026-06-26 | 25.62% |
| 2026-06-25 | 25.63% |
| 2026-06-24 | 25.63% |
| 2026-06-23 | 25.64% |
| 2026-06-22 | 25.62% |
| 2026-06-18 | 25.63% |
| 2026-06-17 | 25.63% |
| 2026-06-16 | 25.61% |
| 2026-06-15 | 25.62% |
| 2026-06-12 | 25.64% |
| 2026-06-11 | 25.62% |
| 2026-06-10 | 25.63% |
| 2026-06-09 | 25.64% |
| 2026-06-08 | 25.64% |
| 2026-06-05 | 25.61% |
| 2026-06-04 | 25.63% |
| 2026-06-03 | 25.63% |
| 2026-06-02 | 25.62% |
| 2026-06-01 | 25.62% |
| 2026-05-29 | 25.62% |
| 2026-05-28 | 25.63% |
| 2026-05-27 | 25.62% |
| 2026-05-26 | 25.62% |
| 2026-05-22 | 25.63% |
| 2026-05-21 | 25.62% |
| 2026-05-20 | 31.88% |
| 2026-05-19 | 31.89% |
| 2026-05-18 | 31.87% |
| 2026-05-15 | 31.88% |
| 2026-05-14 | 31.86% |
| 2026-05-13 | 25.32% |
| 2026-05-12 | 25.32% |
| 2026-05-11 | 25.32% |
| 2026-05-08 | 25.31% |
| 2026-05-07 | 25.32% |
| 2026-05-06 | 25.48% |
| 2026-05-05 | 25.46% |
| 2026-05-04 | 25.47% |
| 2026-05-01 | 25.47% |
| 2026-04-30 | 25.47% |
| 2026-04-29 | 25.48% |
| 2026-04-28 | 25.48% |
| 2026-04-27 | 25.46% |
| 2026-04-24 | 25.47% |
| 2026-04-23 | 25.48% |
| 2026-04-22 | 25.48% |
| 2026-04-21 | 25.47% |
| 2026-04-20 | 25.48% |
| 2026-04-17 | 25.47% |
| 2026-04-16 | 25.47% |
| 2026-04-15 | 25.48% |
| 2026-04-14 | 27.18% |
| 2026-04-13 | 27.18% |
| 2026-04-10 | 27.19% |
| 2026-04-09 | 27.18% |
| 2026-04-08 | 27.17% |
| 2026-04-07 | 27.19% |
| 2026-04-06 | 27.19% |
| 2026-04-02 | 27.19% |
| 2026-04-01 | 27.19% |
| 2026-03-31 | 27.17% |
| 2026-03-30 | 27.17% |
| 2026-03-27 | 27.17% |
| 2026-03-26 | 27.17% |
| 2026-03-25 | 27.19% |
| 2026-03-24 | 27.17% |
| 2026-03-23 | 27.20% |
| 2026-03-20 | 27.17% |
| 2026-03-19 | 27.19% |
| 2026-03-18 | 27.17% |
| 2026-03-17 | 27.17% |
| 2026-03-16 | 27.19% |
| 2026-03-13 | 27.18% |
| 2026-03-12 | 27.18% |
| 2026-03-11 | 27.17% |
| 2026-03-10 | 27.19% |
| 2026-03-09 | 27.17% |
| 2026-03-06 | 27.18% |
| 2026-03-05 | 27.17% |
| 2026-03-04 | 27.17% |
| 2026-03-03 | 27.19% |
| 2026-03-02 | 27.19% |
| 2026-02-27 | 27.18% |
| 2026-02-26 | 27.17% |
| 2026-02-25 | 27.17% |
| 2026-02-24 | 27.17% |
| 2026-02-23 | 27.18% |
| 2026-02-20 | 27.18% |
| 2026-02-19 | 27.17% |
| 2026-02-18 | 34.23% |
| 2026-02-17 | 34.23% |
| 2026-02-13 | 34.21% |
| 2026-02-12 | 34.23% |
| 2026-02-11 | 27.18% |
| 2026-02-10 | 27.17% |
| 2026-02-09 | 27.20% |
| 2026-02-06 | 27.19% |
| 2026-02-05 | 27.18% |
| 2026-02-04 | 27.17% |
| 2026-02-03 | 27.17% |
| 2026-02-02 | 27.19% |
| 2026-01-30 | 27.19% |
| 2026-01-29 | 27.19% |
| 2026-01-28 | 27.18% |
| 2026-01-27 | 27.17% |
| 2026-01-26 | 27.19% |
| 2026-01-23 | 27.19% |
| 2026-01-22 | 27.17% |
| 2026-01-21 | 27.18% |
| 2026-01-20 | 27.19% |
| 2026-01-16 | 27.18% |
| 2026-01-15 | 27.18% |
| 2026-01-14 | 27.18% |
| 2026-01-13 | 27.18% |
| 2026-01-12 | 27.19% |
| 2026-01-09 | 27.17% |
| 2026-01-08 | 27.19% |
| 2026-01-07 | 27.17% |
| 2026-01-06 | 27.17% |
| 2026-01-05 | 27.17% |
| 2026-01-02 | 27.17% |
| 2025-12-31 | 27.19% |
| 2025-12-30 | 27.17% |
| 2025-12-29 | 27.19% |
| 2025-12-26 | 27.19% |
| 2025-12-24 | 27.19% |
| 2025-12-23 | 27.17% |
| 2025-12-22 | 27.17% |
| 2025-12-19 | 27.18% |
| 2025-12-18 | 27.18% |
| 2025-12-17 | 27.17% |
| 2025-12-16 | 27.17% |
| 2025-12-15 | 27.19% |
| 2025-12-12 | 27.19% |
| 2025-12-11 | 27.17% |
| 2025-12-10 | 27.18% |
| 2025-12-09 | 27.18% |
| 2025-12-08 | 27.18% |
| 2025-12-05 | 27.20% |
| 2025-12-04 | 27.19% |
| 2025-12-03 | 27.19% |
| 2025-12-02 | 27.19% |
| 2025-12-01 | 27.18% |
| 2025-11-28 | 27.18% |
| 2025-11-26 | 27.18% |
| 2025-11-25 | 27.19% |
| 2025-11-24 | 27.19% |
| 2025-11-21 | 27.17% |
| 2025-11-20 | 27.20% |
| 2025-11-19 | 27.19% |
| 2025-11-18 | 27.19% |
| 2025-11-17 | 27.18% |
| 2025-11-14 | 27.18% |
| 2025-11-13 | 28.83% |
| 2025-11-12 | 35.61% |
| 2025-11-11 | 28.48% |
| 2025-11-10 | 28.50% |
| 2025-11-07 | 28.49% |
| 2025-11-06 | 28.50% |
| 2025-11-05 | 28.49% |
| 2025-11-04 | 28.48% |
| 2025-11-03 | 28.47% |
| 2025-10-31 | 28.48% |
| 2025-10-30 | 28.47% |
| 2025-10-29 | 28.48% |
| 2025-10-28 | 28.50% |
| 2025-10-27 | 28.49% |
| 2025-10-24 | 28.49% |
| 2025-10-23 | 28.48% |
| 2025-10-22 | 28.50% |
| 2025-10-21 | 28.48% |
| 2025-10-20 | 28.47% |
| 2025-10-17 | 28.48% |
| 2025-10-16 | 28.47% |
| 2025-10-15 | 28.49% |
| 2025-10-14 | 28.49% |
| 2025-10-13 | 28.49% |
| 2025-10-10 | 28.49% |
| 2025-10-09 | 28.48% |
| 2025-10-08 | 28.50% |
| 2025-10-07 | 28.48% |
| 2025-10-06 | 28.50% |
| 2025-10-03 | 28.48% |
| 2025-10-02 | 28.48% |
| 2025-10-01 | 28.49% |
| 2025-09-30 | 28.49% |
| 2025-09-29 | 28.49% |
| 2025-09-26 | 28.47% |
| 2025-09-25 | 28.49% |
| 2025-09-24 | 28.50% |
| 2025-09-23 | 28.48% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| $0.66 |
| 19.5% |
| 2019-12-31 | $1.82 | $0.63 | 34.4% |
| 2018-12-31 | $1.79 | $0.60 | 33.3% |
| 2017-12-31 | $0.76 | $0.60 | 78.5% |
| 2016-12-31 | $1.59 | $0.60 | 37.5% |
| 2015-12-31 | $1.93 | $0.57 | 29.4% |
| 2014-12-31 | $1.49 | $0.54 | 36.2% |
| 2013-12-31 | $0.88 | $0.51 | 58.5% |
| 2012-12-31 | $1.21 | $0.49 | 40.5% |
| 2011-12-31 | $0.85 | $0.47 | 54.9% |
| 2010-12-31 | $0.39 | $0.44 | 113.9% |
| 2009-12-31 | $0.63 | $0.42 | 67.2% |
| 2008-12-31 | $0.87 | $0.40 | 46.3% |
| 2007-12-31 | $0.97 | $0.38 | 39.6% |
| 2006-12-31 | $1.02 | $0.34 | 33.0% |
| 2005-12-31 | $0.66 | $0.31 | 47.2% |
| 2004-12-31 | $0.70 | $0.30 | 42.4% |
| 2003-12-31 | $0.83 | $0.27 | 33.0% |
| 2002-12-31 | $0.71 | $0.24 | 34.0% |
| 2001-09-30 | $0.69 | $0.23 | 32.8% |
| 2000-09-30 | $0.65 | $0.23 | 34.8% |
| 1999-09-30 | $0.70 | $0.26 | 37.7% |
| 1998-09-30 | $0.34 | $0.23 | 66.5% |
| 1997-09-30 | $0.33 | $0.15 | 45.7% |
| 1996-09-30 | $0.17 | $0.15 | 88.7% |
