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 50.88% is in line with its 5-year average of 50.97%, near the low end of its 5-year range (42.46%–171.80%).
As of Monday, October 5, 2026. 3.94% below its 12-month average of 52.97%.
Dividend Payout Ratio (50.88%) = TTM Dividends/Share ($0.88) / TTM EPS ($1.73)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
50.88%
DIVIDEND PAYOUT RATIO AVG TTM
52.97%
DIVIDEND PAYOUT RATIO AVG 3Y
60.44%
DIVIDEND PAYOUT RATIO AVG 5Y
50.97%
DIVIDEND PAYOUT RATIO AVG 10Y
50.46%
DIVIDEND PAYOUT RATIO AVG 15Y
52.43%
DIVIDEND PAYOUT RATIO AVG 20Y
55.09%
CURRENT VS TTM AVG
-3.94%
CURRENT VS 3Y AVG
-15.81%
CURRENT VS 5Y AVG
-0.17%
CURRENT VS 10Y AVG
+0.84%
CURRENT VS 15Y AVG
-2.95%
CURRENT VS 20Y AVG
-7.64%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $1.64 | $0.88 | 53.7% |
| 2024-12-31 | $0.97 | $0.88 | 90.7% |
| 2023-12-31 | $1.10 | $0.85 | 77.3% |
| 2022-12-31 | $1.93 | $0.81 | 42.0% |
| 2021-12-31 | $1.66 | $0.77 | 46.4% |
| 2020-12-31 | $1.55 |
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 | 50.88% |
| 2026-10-02 | 50.88% |
| 2026-10-01 | 50.86% |
| 2026-09-30 | 50.88% |
| 2026-09-29 | 50.85% |
| 2026-09-28 | 50.87% |
| 2026-09-25 | 50.85% |
| 2026-09-24 | 50.86% |
| 2026-09-23 | 50.86% |
| 2026-09-22 | 50.85% |
| 2026-09-21 | 50.86% |
| 2026-09-18 | 50.86% |
| 2026-09-17 | 50.87% |
| 2026-09-16 | 50.85% |
| 2026-09-15 | 50.85% |
| 2026-09-14 | 50.87% |
| 2026-09-11 | 50.88% |
| 2026-09-10 | 50.88% |
| 2026-09-09 | 50.89% |
| 2026-09-08 | 50.89% |
| 2026-09-04 | 50.87% |
| 2026-09-03 | 50.86% |
| 2026-09-02 | 50.88% |
| 2026-09-01 | 63.58% |
| 2026-08-31 | 50.85% |
| 2026-08-28 | 50.86% |
| 2026-08-27 | 50.87% |
| 2026-08-26 | 50.88% |
| 2026-08-25 | 50.88% |
| 2026-08-24 | 50.85% |
| 2026-08-21 | 50.86% |
| 2026-08-20 | 50.87% |
| 2026-08-19 | 50.87% |
| 2026-08-18 | 50.88% |
| 2026-08-17 | 50.88% |
| 2026-08-14 | 50.85% |
| 2026-08-13 | 50.87% |
| 2026-08-12 | 50.88% |
| 2026-08-11 | 50.85% |
| 2026-08-10 | 50.88% |
| 2026-08-07 | 50.89% |
| 2026-08-06 | 50.88% |
| 2026-08-05 | 54.33% |
| 2026-08-04 | 54.33% |
| 2026-08-03 | 54.33% |
| 2026-07-31 | 54.33% |
| 2026-07-30 | 54.31% |
| 2026-07-29 | 54.32% |
| 2026-07-28 | 54.32% |
| 2026-07-27 | 54.33% |
| 2026-07-24 | 54.34% |
| 2026-07-23 | 54.33% |
| 2026-07-22 | 54.32% |
| 2026-07-21 | 54.32% |
| 2026-07-20 | 54.33% |
| 2026-07-17 | 54.30% |
| 2026-07-16 | 54.32% |
| 2026-07-15 | 54.32% |
| 2026-07-14 | 54.33% |
| 2026-07-13 | 54.31% |
| 2026-07-10 | 54.31% |
| 2026-07-09 | 54.30% |
| 2026-07-08 | 54.34% |
| 2026-07-07 | 54.30% |
| 2026-07-06 | 54.33% |
| 2026-07-02 | 54.31% |
| 2026-07-01 | 54.30% |
| 2026-06-30 | 54.33% |
| 2026-06-29 | 54.32% |
| 2026-06-26 | 54.31% |
| 2026-06-25 | 54.33% |
| 2026-06-24 | 54.31% |
| 2026-06-23 | 54.30% |
| 2026-06-22 | 54.34% |
| 2026-06-18 | 54.32% |
| 2026-06-17 | 54.32% |
| 2026-06-16 | 54.32% |
| 2026-06-15 | 54.34% |
| 2026-06-12 | 54.31% |
| 2026-06-11 | 54.32% |
| 2026-06-10 | 54.31% |
| 2026-06-09 | 54.34% |
| 2026-06-08 | 54.34% |
| 2026-06-05 | 54.31% |
| 2026-06-04 | 54.33% |
| 2026-06-03 | 54.34% |
| 2026-06-02 | 54.31% |
| 2026-06-01 | 67.92% |
| 2026-05-29 | 54.33% |
| 2026-05-28 | 54.32% |
| 2026-05-27 | 54.34% |
| 2026-05-26 | 54.30% |
| 2026-05-22 | 54.32% |
| 2026-05-21 | 54.29% |
| 2026-05-20 | 54.29% |
| 2026-05-19 | 54.33% |
| 2026-05-18 | 54.30% |
| 2026-05-15 | 54.34% |
| 2026-05-14 | 54.30% |
| 2026-05-13 | 54.35% |
| 2026-05-12 | 54.32% |
| 2026-05-11 | 54.33% |
| 2026-05-08 | 54.31% |
| 2026-05-07 | 54.32% |
| 2026-05-06 | 53.63% |
| 2026-05-05 | 53.65% |
| 2026-05-04 | 53.65% |
| 2026-05-01 | 53.66% |
| 2026-04-30 | 53.64% |
| 2026-04-29 | 53.66% |
| 2026-04-28 | 53.68% |
| 2026-04-27 | 53.68% |
| 2026-04-24 | 53.64% |
| 2026-04-23 | 53.64% |
| 2026-04-22 | 53.68% |
| 2026-04-21 | 53.64% |
| 2026-04-20 | 53.63% |
| 2026-04-17 | 53.67% |
| 2026-04-16 | 53.67% |
| 2026-04-15 | 53.68% |
| 2026-04-14 | 53.67% |
| 2026-04-13 | 53.64% |
| 2026-04-10 | 53.68% |
| 2026-04-09 | 53.67% |
| 2026-04-08 | 53.68% |
| 2026-04-07 | 53.67% |
| 2026-04-06 | 53.68% |
| 2026-04-02 | 53.68% |
| 2026-04-01 | 53.64% |
| 2026-03-31 | 53.68% |
| 2026-03-30 | 53.64% |
| 2026-03-27 | 53.69% |
| 2026-03-26 | 53.66% |
| 2026-03-25 | 53.64% |
| 2026-03-24 | 53.67% |
| 2026-03-23 | 53.64% |
| 2026-03-20 | 53.67% |
| 2026-03-19 | 53.65% |
| 2026-03-18 | 53.66% |
| 2026-03-17 | 53.67% |
| 2026-03-16 | 53.64% |
| 2026-03-13 | 53.66% |
| 2026-03-12 | 53.64% |
| 2026-03-11 | 52.72% |
| 2026-03-10 | 52.68% |
| 2026-03-09 | 52.72% |
| 2026-03-06 | 52.71% |
| 2026-03-05 | 52.72% |
| 2026-03-04 | 52.72% |
| 2026-03-03 | 52.68% |
| 2026-03-02 | 65.90% |
| 2026-02-27 | 52.68% |
| 2026-02-26 | 52.67% |
| 2026-02-25 | 52.69% |
| 2026-02-24 | 52.71% |
| 2026-02-23 | 52.70% |
| 2026-02-20 | 52.70% |
| 2026-02-19 | 52.71% |
| 2026-02-18 | 52.72% |
| 2026-02-17 | 52.68% |
| 2026-02-13 | 52.71% |
| 2026-02-12 | 52.72% |
| 2026-02-11 | 52.71% |
| 2026-02-10 | 52.68% |
| 2026-02-09 | 52.68% |
| 2026-02-06 | 52.71% |
| 2026-02-05 | 52.71% |
| 2026-02-04 | 52.70% |
| 2026-02-03 | 52.68% |
| 2026-02-02 | 52.67% |
| 2026-01-30 | 52.72% |
| 2026-01-29 | 52.72% |
| 2026-01-28 | 52.67% |
| 2026-01-27 | 52.72% |
| 2026-01-26 | 52.70% |
| 2026-01-23 | 52.71% |
| 2026-01-22 | 52.69% |
| 2026-01-21 | 52.68% |
| 2026-01-20 | 52.68% |
| 2026-01-16 | 52.67% |
| 2026-01-15 | 52.71% |
| 2026-01-14 | 52.68% |
| 2026-01-13 | 52.68% |
| 2026-01-12 | 52.71% |
| 2026-01-09 | 52.70% |
| 2026-01-08 | 52.69% |
| 2026-01-07 | 52.67% |
| 2026-01-06 | 52.71% |
| 2026-01-05 | 52.71% |
| 2026-01-02 | 52.67% |
| 2025-12-31 | 52.67% |
| 2025-12-30 | 52.69% |
| 2025-12-29 | 52.72% |
| 2025-12-26 | 52.68% |
| 2025-12-24 | 52.70% |
| 2025-12-23 | 52.67% |
| 2025-12-22 | 52.70% |
| 2025-12-19 | 52.67% |
| 2025-12-18 | 52.68% |
| 2025-12-17 | 52.68% |
| 2025-12-16 | 52.70% |
| 2025-12-15 | 52.67% |
| 2025-12-12 | 52.68% |
| 2025-12-11 | 52.68% |
| 2025-12-10 | 52.70% |
| 2025-12-09 | 52.71% |
| 2025-12-08 | 52.70% |
| 2025-12-05 | 52.70% |
| 2025-12-04 | 52.71% |
| 2025-12-03 | 52.67% |
| 2025-12-02 | 52.69% |
| 2025-12-01 | 65.86% |
| 2025-11-28 | 52.68% |
| 2025-11-26 | 52.70% |
| 2025-11-25 | 52.68% |
| 2025-11-24 | 52.68% |
| 2025-11-21 | 52.68% |
| 2025-11-20 | 52.71% |
| 2025-11-19 | 52.68% |
| 2025-11-18 | 52.70% |
| 2025-11-17 | 52.68% |
| 2025-11-14 | 52.69% |
| 2025-11-13 | 52.68% |
| 2025-11-12 | 52.72% |
| 2025-11-11 | 52.72% |
| 2025-11-10 | 52.69% |
| 2025-11-07 | 52.69% |
| 2025-11-06 | 52.67% |
| 2025-11-05 | 58.67% |
| 2025-11-04 | 58.67% |
| 2025-11-03 | 58.69% |
| 2025-10-31 | 58.67% |
| 2025-10-30 | 58.65% |
| 2025-10-29 | 58.69% |
| 2025-10-28 | 58.67% |
| 2025-10-27 | 58.67% |
| 2025-10-24 | 58.67% |
| 2025-10-23 | 58.67% |
| 2025-10-22 | 58.69% |
| 2025-10-21 | 58.65% |
| 2025-10-20 | 58.65% |
| 2025-10-17 | 58.67% |
| 2025-10-16 | 58.69% |
| 2025-10-15 | 58.67% |
| 2025-10-14 | 58.65% |
| 2025-10-13 | 58.69% |
| 2025-10-10 | 58.69% |
| 2025-10-09 | 58.65% |
| 2025-10-08 | 58.67% |
| 2025-10-07 | 58.67% |
| 2025-10-06 | 58.67% |
| 2025-10-03 | 58.65% |
| 2025-10-02 | 58.67% |
| 2025-10-01 | 58.67% |
| 2025-09-30 | 58.65% |
| 2025-09-29 | 58.67% |
| 2025-09-26 | 58.65% |
| 2025-09-25 | 58.65% |
| 2025-09-24 | 58.69% |
| 2025-09-23 | 58.65% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| $0.73 |
| 47.1% |
| 2019-12-31 | $1.44 | $0.69 | 47.9% |
| 2018-12-31 | $1.24 | $0.65 | 52.4% |
| 2017-12-31 | $1.30 | $0.64 | 49.2% |
| 2016-12-31 | $1.26 | $0.64 | 50.8% |
| 2015-12-31 | $1.18 | $0.64 | 54.2% |
| 2014-12-31 | $1.06 | $0.64 | 60.4% |
| 2013-12-31 | $1.12 | $0.64 | 57.1% |
| 2012-12-31 | $1.23 | $0.64 | 52.0% |
| 2011-12-31 | $1.21 | $0.64 | 52.9% |
| 2010-12-31 | $1.40 | $0.64 | 45.7% |
| 2009-12-31 | $1.00 | $0.64 | 64.0% |
| 2008-12-31 | $0.99 | $0.64 | 64.6% |
| 2007-12-31 | $0.94 | $0.62 | 66.0% |
| 2006-12-31 | $1.00 | $0.75 | 75.0% |
| 2005-12-31 | $1.01 | $0.58 | 57.4% |
| 2004-12-31 | $0.99 | $0.56 | 56.3% |
| 2003-12-31 | $0.99 | $0.53 | 53.7% |
| 2002-12-31 | $0.95 | $0.51 | 53.3% |
| 2001-12-31 | $0.86 | $0.46 | 53.8% |
| 2000-12-31 | $0.74 | $1.13 | 152.0% |