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 31.31% is 102% above its 5-year average of 15.47%, near the high end of its 5-year range (6.63%–35.87%).
As of Friday, September 11, 2026. 26.88% above its 12-month average of 24.67%.
Dividend Payout Ratio (31.31%) = TTM Dividends/Share ($2.00) / TTM EPS ($6.39)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-11.
DIVIDEND PAYOUT RATIO
31.31%
DIVIDEND PAYOUT RATIO AVG TTM
24.67%
DIVIDEND PAYOUT RATIO AVG 3Y
18.78%
DIVIDEND PAYOUT RATIO AVG 5Y
15.47%
DIVIDEND PAYOUT RATIO AVG 10Y
9.07%
DIVIDEND PAYOUT RATIO AVG 15Y
7.74%
DIVIDEND PAYOUT RATIO AVG 20Y
11.20%
CURRENT VS TTM AVG
+26.88%
CURRENT VS 3Y AVG
+66.69%
CURRENT VS 5Y AVG
+102.35%
CURRENT VS 10Y AVG
+245.11%
CURRENT VS 15Y AVG
+304.23%
CURRENT VS 20Y AVG
+179.48%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-11-30 | $7.98 | $2.00 | 25.1% |
| 2024-11-30 | $14.31 | $1.94 | 13.5% |
| 2023-11-30 | $13.73 | $1.45 | 10.6% |
| 2022-11-30 | $15.74 | $1.45 | 9.2% |
| 2021-11-30 | $14.28 | $0.97 | 6.8% |
| 2020-11-30 | $7.88 |
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 |
|---|---|
| 2026-09-11 | 31.31% |
| 2026-09-10 | 31.30% |
| 2026-09-09 | 31.30% |
| 2026-09-08 | 31.31% |
| 2026-09-04 | 31.30% |
| 2026-09-03 | 31.31% |
| 2026-09-02 | 31.30% |
| 2026-09-01 | 31.30% |
| 2026-08-31 | 31.29% |
| 2026-08-28 | 31.30% |
| 2026-08-27 | 31.30% |
| 2026-08-26 | 31.30% |
| 2026-08-25 | 31.30% |
| 2026-08-24 | 31.31% |
| 2026-08-21 | 31.30% |
| 2026-08-20 | 31.30% |
| 2026-08-19 | 31.29% |
| 2026-08-18 | 31.29% |
| 2026-08-17 | 31.29% |
| 2026-08-14 | 31.30% |
| 2026-08-13 | 31.30% |
| 2026-08-12 | 31.29% |
| 2026-08-11 | 31.30% |
| 2026-08-10 | 31.31% |
| 2026-08-07 | 31.30% |
| 2026-08-06 | 31.29% |
| 2026-08-05 | 31.29% |
| 2026-08-04 | 31.30% |
| 2026-08-03 | 31.29% |
| 2026-07-31 | 31.31% |
| 2026-07-30 | 31.31% |
| 2026-07-29 | 31.29% |
| 2026-07-28 | 31.31% |
| 2026-07-27 | 31.30% |
| 2026-07-24 | 31.31% |
| 2026-07-23 | 31.29% |
| 2026-07-22 | 31.31% |
| 2026-07-21 | 31.30% |
| 2026-07-20 | 31.29% |
| 2026-07-17 | 31.30% |
| 2026-07-16 | 31.30% |
| 2026-07-15 | 31.30% |
| 2026-07-14 | 31.30% |
| 2026-07-13 | 31.29% |
| 2026-07-10 | 31.30% |
| 2026-07-09 | 23.47% |
| 2026-07-08 | 23.47% |
| 2026-07-07 | 23.47% |
| 2026-07-06 | 23.48% |
| 2026-07-02 | 31.29% |
| 2026-07-01 | 31.29% |
| 2026-06-30 | 31.30% |
| 2026-06-29 | 28.68% |
| 2026-06-26 | 28.70% |
| 2026-06-25 | 28.70% |
| 2026-06-24 | 28.70% |
| 2026-06-23 | 28.69% |
| 2026-06-22 | 28.71% |
| 2026-06-18 | 28.69% |
| 2026-06-17 | 28.70% |
| 2026-06-16 | 28.69% |
| 2026-06-15 | 28.70% |
| 2026-06-12 | 28.70% |
| 2026-06-11 | 28.69% |
| 2026-06-10 | 28.69% |
| 2026-06-09 | 28.69% |
| 2026-06-08 | 28.70% |
| 2026-06-05 | 28.69% |
| 2026-06-04 | 28.69% |
| 2026-06-03 | 28.71% |
| 2026-06-02 | 28.69% |
| 2026-06-01 | 28.70% |
| 2026-05-29 | 28.69% |
| 2026-05-28 | 28.70% |
| 2026-05-27 | 28.69% |
| 2026-05-26 | 28.69% |
| 2026-05-22 | 28.70% |
| 2026-05-21 | 28.68% |
| 2026-05-20 | 28.70% |
| 2026-05-19 | 28.70% |
| 2026-05-18 | 28.70% |
| 2026-05-15 | 28.70% |
| 2026-05-14 | 28.69% |
| 2026-05-13 | 28.69% |
| 2026-05-12 | 28.70% |
| 2026-05-11 | 28.68% |
| 2026-05-08 | 28.69% |
| 2026-05-07 | 28.70% |
| 2026-05-06 | 28.69% |
| 2026-05-05 | 28.70% |
| 2026-05-04 | 28.69% |
| 2026-05-01 | 28.69% |
| 2026-04-30 | 28.70% |
| 2026-04-29 | 28.70% |
| 2026-04-28 | 28.70% |
| 2026-04-27 | 28.70% |
| 2026-04-24 | 28.69% |
| 2026-04-23 | 28.69% |
| 2026-04-22 | 35.87% |
| 2026-04-21 | 28.69% |
| 2026-04-20 | 28.69% |
| 2026-04-17 | 28.69% |
| 2026-04-16 | 28.69% |
| 2026-04-15 | 28.70% |
| 2026-04-14 | 28.68% |
| 2026-04-13 | 28.69% |
| 2026-04-10 | 28.68% |
| 2026-04-09 | 25.03% |
| 2026-04-08 | 25.03% |
| 2026-04-07 | 25.04% |
| 2026-04-06 | 25.04% |
| 2026-04-02 | 25.02% |
| 2026-04-01 | 25.02% |
| 2026-03-31 | 25.03% |
| 2026-03-30 | 25.02% |
| 2026-03-27 | 25.04% |
| 2026-03-26 | 25.02% |
| 2026-03-25 | 25.04% |
| 2026-03-24 | 25.03% |
| 2026-03-23 | 25.04% |
| 2026-03-20 | 25.02% |
| 2026-03-19 | 25.03% |
| 2026-03-18 | 25.03% |
| 2026-03-17 | 25.02% |
| 2026-03-16 | 25.03% |
| 2026-03-13 | 25.02% |
| 2026-03-12 | 25.03% |
| 2026-03-11 | 25.04% |
| 2026-03-10 | 25.04% |
| 2026-03-09 | 25.04% |
| 2026-03-06 | 25.03% |
| 2026-03-05 | 25.02% |
| 2026-03-04 | 25.03% |
| 2026-03-03 | 25.03% |
| 2026-03-02 | 25.02% |
| 2026-02-27 | 25.03% |
| 2026-02-26 | 25.04% |
| 2026-02-25 | 25.03% |
| 2026-02-24 | 25.03% |
| 2026-02-23 | 25.03% |
| 2026-02-20 | 25.04% |
| 2026-02-19 | 25.03% |
| 2026-02-18 | 25.04% |
| 2026-02-17 | 25.03% |
| 2026-02-13 | 25.02% |
| 2026-02-12 | 25.03% |
| 2026-02-11 | 25.03% |
| 2026-02-10 | 25.03% |
| 2026-02-09 | 25.04% |
| 2026-02-06 | 25.03% |
| 2026-02-05 | 25.03% |
| 2026-02-04 | 25.04% |
| 2026-02-03 | 18.77% |
| 2026-02-02 | 18.78% |
| 2026-01-30 | 18.78% |
| 2026-01-29 | 18.77% |
| 2026-01-28 | 19.77% |
| 2026-01-27 | 19.77% |
| 2026-01-26 | 19.77% |
| 2026-01-23 | 19.76% |
| 2026-01-22 | 19.75% |
| 2026-01-21 | 19.76% |
| 2026-01-20 | 19.76% |
| 2026-01-16 | 19.77% |
| 2026-01-15 | 19.76% |
| 2026-01-14 | 19.77% |
| 2026-01-13 | 19.77% |
| 2026-01-12 | 19.77% |
| 2026-01-09 | 19.76% |
| 2026-01-08 | 19.77% |
| 2026-01-07 | 19.76% |
| 2026-01-06 | 19.76% |
| 2026-01-05 | 19.77% |
| 2026-01-02 | 19.77% |
| 2025-12-31 | 19.77% |
| 2025-12-30 | 19.77% |
| 2025-12-29 | 19.77% |
| 2025-12-26 | 19.77% |
| 2025-12-24 | 19.75% |
| 2025-12-23 | 19.76% |
| 2025-12-22 | 19.76% |
| 2025-12-19 | 19.76% |
| 2025-12-18 | 19.75% |
| 2025-12-17 | 19.76% |
| 2025-12-16 | 19.77% |
| 2025-12-15 | 19.76% |
| 2025-12-12 | 19.77% |
| 2025-12-11 | 19.76% |
| 2025-12-10 | 19.76% |
| 2025-12-09 | 19.76% |
| 2025-12-08 | 19.77% |
| 2025-12-05 | 19.76% |
| 2025-12-04 | 19.76% |
| 2025-12-03 | 19.77% |
| 2025-12-02 | 19.76% |
| 2025-12-01 | 19.77% |
| 2025-11-28 | 19.76% |
| 2025-11-26 | 19.76% |
| 2025-11-25 | 19.76% |
| 2025-11-24 | 19.76% |
| 2025-11-21 | 19.76% |
| 2025-11-20 | 19.77% |
| 2025-11-19 | 19.76% |
| 2025-11-18 | 19.76% |
| 2025-11-17 | 19.75% |
| 2025-11-14 | 19.77% |
| 2025-11-13 | 19.76% |
| 2025-11-12 | 19.77% |
| 2025-11-11 | 19.77% |
| 2025-11-10 | 19.75% |
| 2025-11-07 | 19.76% |
| 2025-11-06 | 19.76% |
| 2025-11-05 | 19.76% |
| 2025-11-04 | 19.76% |
| 2025-11-03 | 19.77% |
| 2025-10-31 | 19.76% |
| 2025-10-30 | 19.77% |
| 2025-10-29 | 19.76% |
| 2025-10-28 | 19.76% |
| 2025-10-27 | 19.76% |
| 2025-10-24 | 19.77% |
| 2025-10-23 | 19.76% |
| 2025-10-22 | 19.76% |
| 2025-10-21 | 19.76% |
| 2025-10-20 | 19.77% |
| 2025-10-17 | 19.76% |
| 2025-10-16 | 19.76% |
| 2025-10-15 | 19.76% |
| 2025-10-14 | 19.77% |
| 2025-10-13 | 19.76% |
| 2025-10-10 | 19.77% |
| 2025-10-09 | 14.82% |
| 2025-10-08 | 19.61% |
| 2025-10-07 | 19.61% |
| 2025-10-06 | 19.61% |
| 2025-10-03 | 16.41% |
| 2025-10-02 | 16.40% |
| 2025-10-01 | 16.40% |
| 2025-09-30 | 16.42% |
| 2025-09-29 | 16.41% |
| 2025-09-26 | 16.42% |
| 2025-09-25 | 16.41% |
| 2025-09-24 | 16.42% |
| 2025-09-23 | 16.40% |
| 2025-09-22 | 16.40% |
| 2025-09-19 | 16.41% |
| 2025-09-18 | 16.41% |
| 2025-09-17 | 16.41% |
| 2025-09-16 | 16.41% |
| 2025-09-15 | 16.40% |
| 2025-09-12 | 16.40% |
| 2025-09-11 | 16.41% |
| 2025-09-10 | 16.41% |
| 2025-09-09 | 16.41% |
| 2025-09-08 | 16.41% |
| 2025-09-05 | 16.42% |
| 2025-09-04 | 16.41% |
| 2025-09-03 | 16.41% |
| 2025-09-02 | 16.40% |
| 2025-08-29 | 16.41% |
Showing the most recent 260 of 2,235 data points. The chart above shows the full history.
| $0.61 |
| 7.7% |
| 2019-11-30 | $5.76 | $0.15 | 2.7% |
| 2018-11-30 | $5.46 | $0.15 | 2.8% |
| 2017-11-30 | $3.38 | $0.15 | 4.5% |
| 2016-11-30 | $4.05 | $0.15 | 3.8% |
| 2015-11-30 | $3.79 | $0.15 | 4.0% |
| 2014-11-30 | $3.06 | $0.15 | 5.0% |
| 2013-11-30 | $2.43 | $0.15 | 6.3% |
| 2012-11-30 | $3.51 | $0.15 | 4.3% |
| 2011-11-30 | $0.48 | $0.15 | 31.7% |
| 2010-11-30 | $0.50 | $0.15 | 30.5% |
| 2009-11-30 | ($2.40) | $0.15 | N/A (Loss) |
| 2008-11-30 | ($6.86) | $0.49 | N/A (Loss) |
| 2007-11-30 | ($12.07) | $0.61 | N/A (Loss) |
| 2006-11-30 | $3.69 | $0.61 | 16.5% |
| 2005-11-30 | $8.43 | $0.55 | 6.5% |
| 2004-11-30 | $5.97 | $0.49 | 8.2% |
| 2003-11-30 | $5.00 | $0.14 | 2.8% |
| 2002-11-30 | $3.80 | $0.02 | 0.7% |
| 2001-11-30 | $2.97 | $0.02 | 0.8% |
| 2000-11-30 | $1.78 | $0.02 | 1.4% |
| 1999-11-30 | $1.32 | $0.02 | 1.8% |
| 1998-11-30 | $1.27 | $0.02 | 1.8% |
| 1997-11-30 | $1.10 | $0.04 | 3.8% |
| 1996-11-30 | $1.20 | $0.05 | 4.0% |