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 31.04% is 21% below its 5-year average of 39.35%, near the low end of its 5-year range (0.00%–181.27%).
As of Friday, August 7, 2026. 17.59% below its 12-month average of 37.66%.
Dividend Payout Ratio (31.04%) = TTM Dividends/Share ($0.75) / TTM EPS ($2.41)
DIVIDEND PAYOUT RATIO
31.04%
DIVIDEND PAYOUT RATIO AVG TTM
37.66%
DIVIDEND PAYOUT RATIO AVG 3Y
34.70%
DIVIDEND PAYOUT RATIO AVG 5Y
26.08%
DIVIDEND PAYOUT RATIO AVG 10Y
39.95%
DIVIDEND PAYOUT RATIO AVG 15Y
31.59%
DIVIDEND PAYOUT RATIO AVG 20Y
29.57%
CURRENT VS TTM AVG
-17.59%
CURRENT VS 3Y AVG
-10.55%
CURRENT VS 5Y AVG
+19.00%
CURRENT VS 10Y AVG
-22.31%
CURRENT VS 15Y AVG
-1.74%
CURRENT VS 20Y AVG
+4.96%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2026 | $2.37 | $0.38 | 16.2% |
| 2025 | $2.10 | $0.73 | 34.7% |
| 2024 | $0.16 | $0.69 | 434.2% |
| 2023 | $4.28 | $0.66 | 15.5% |
| 2022 | $4.66 | $0.63 | 13.5% |
| 2021 | ($12.68) | $0.30 |
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 |
|---|---|
| 2026-08-06 | 31.04% |
| 2026-08-05 | 31.04% |
| 2026-08-04 | 31.04% |
| 2026-08-03 | 31.04% |
| 2026-07-31 | 31.03% |
| 2026-07-30 | 31.02% |
| 2026-07-29 | 31.02% |
| 2026-07-28 | 31.04% |
| 2026-07-27 | 31.04% |
| 2026-07-24 | 31.03% |
| 2026-07-23 | 31.03% |
| 2026-07-22 | 31.04% |
| 2026-07-21 | 31.04% |
| 2026-07-20 | 31.02% |
| 2026-07-17 | 31.04% |
| 2026-07-16 | 31.03% |
| 2026-07-15 | 31.03% |
| 2026-07-14 | 31.03% |
| 2026-07-13 | 31.02% |
| 2026-07-10 | 31.02% |
| 2026-07-09 | 31.03% |
| 2026-07-08 | 31.03% |
| 2026-07-07 | 31.04% |
| 2026-07-06 | 31.04% |
| 2026-07-02 | 31.04% |
| 2026-07-01 | 31.02% |
| 2026-06-30 | 31.02% |
| 2026-06-29 | 31.03% |
| 2026-06-26 | 31.02% |
| 2026-06-25 | 31.02% |
| 2026-06-24 | 31.02% |
| 2026-06-23 | 31.04% |
| 2026-06-22 | 31.02% |
| 2026-06-18 | 31.04% |
| 2026-06-17 | 31.02% |
| 2026-06-16 | 31.03% |
| 2026-06-15 | 31.03% |
| 2026-06-12 | 30.66% |
| 2026-06-11 | 30.65% |
| 2026-06-10 | 30.65% |
| 2026-06-09 | 30.64% |
| 2026-06-08 | 30.66% |
| 2026-06-05 | 30.67% |
| 2026-06-04 | 30.66% |
| 2026-06-03 | 31.85% |
| 2026-06-02 | 31.84% |
| 2026-06-01 | 31.85% |
| 2026-05-29 | 31.84% |
| 2026-05-28 | 31.85% |
| 2026-05-27 | 31.83% |
| 2026-05-26 | 31.84% |
| 2026-05-22 | 31.86% |
| 2026-05-21 | 31.85% |
| 2026-05-20 | 31.84% |
| 2026-05-19 | 31.84% |
| 2026-05-18 | 31.83% |
| 2026-05-15 | 31.86% |
| 2026-05-14 | 31.83% |
| 2026-05-13 | 31.82% |
| 2026-05-12 | 31.83% |
| 2026-05-11 | 31.86% |
| 2026-05-08 | 31.85% |
| 2026-05-07 | 31.85% |
| 2026-05-06 | 31.83% |
| 2026-05-05 | 31.84% |
| 2026-05-04 | 31.84% |
| 2026-05-01 | 31.85% |
| 2026-04-30 | 31.85% |
| 2026-04-29 | 31.84% |
| 2026-04-28 | 31.82% |
| 2026-04-27 | 31.86% |
| 2026-04-24 | 31.83% |
| 2026-04-23 | 31.85% |
| 2026-04-22 | 31.85% |
| 2026-04-21 | 31.83% |
| 2026-04-20 | 31.82% |
| 2026-04-17 | 31.83% |
| 2026-04-16 | 31.82% |
| 2026-04-15 | 31.82% |
| 2026-04-14 | 31.83% |
| 2026-04-13 | 31.85% |
| 2026-04-10 | 31.84% |
| 2026-04-09 | 31.84% |
| 2026-04-08 | 31.86% |
| 2026-04-07 | 31.83% |
| 2026-04-06 | 31.82% |
| 2026-04-02 | 31.84% |
| 2026-04-01 | 31.83% |
| 2026-03-31 | 31.85% |
| 2026-03-30 | 31.85% |
| 2026-03-27 | 31.83% |
| 2026-03-26 | 43.47% |
| 2026-03-25 | 43.44% |
| 2026-03-24 | 43.45% |
| 2026-03-23 | 43.47% |
| 2026-03-20 | 43.45% |
| 2026-03-19 | 43.46% |
| 2026-03-18 | 43.44% |
| 2026-03-17 | 43.44% |
| 2026-03-16 | 43.44% |
| 2026-03-13 | 54.19% |
| 2026-03-12 | 42.92% |
| 2026-03-11 | 42.93% |
| 2026-03-10 | 42.91% |
| 2026-03-09 | 42.93% |
| 2026-03-06 | 42.93% |
| 2026-03-05 | 42.92% |
| 2026-03-04 | 42.92% |
| 2026-03-03 | 42.91% |
| 2026-03-02 | 42.90% |
| 2026-02-27 | 42.94% |
| 2026-02-26 | 42.92% |
| 2026-02-25 | 42.91% |
| 2026-02-24 | 42.91% |
| 2026-02-23 | 42.91% |
| 2026-02-20 | 42.91% |
| 2026-02-19 | 42.93% |
| 2026-02-18 | 42.90% |
| 2026-02-17 | 42.91% |
| 2026-02-13 | 42.91% |
| 2026-02-12 | 42.91% |
| 2026-02-11 | 42.91% |
| 2026-02-10 | 42.93% |
| 2026-02-09 | 42.92% |
| 2026-02-06 | 42.91% |
| 2026-02-05 | 42.92% |
| 2026-02-04 | 42.92% |
| 2026-02-03 | 42.92% |
| 2026-02-02 | 42.90% |
| 2026-01-30 | 42.93% |
| 2026-01-29 | 42.93% |
| 2026-01-28 | 42.93% |
| 2026-01-27 | 42.92% |
| 2026-01-26 | 42.93% |
| 2026-01-23 | 42.91% |
| 2026-01-22 | 42.91% |
| 2026-01-21 | 42.93% |
| 2026-01-20 | 42.92% |
| 2026-01-16 | 42.92% |
| 2026-01-15 | 42.92% |
| 2026-01-14 | 42.90% |
| 2026-01-13 | 42.91% |
| 2026-01-12 | 42.92% |
| 2026-01-09 | 42.92% |
| 2026-01-08 | 42.91% |
| 2026-01-07 | 42.91% |
| 2026-01-06 | 42.92% |
| 2026-01-05 | 42.91% |
| 2026-01-02 | 42.91% |
| 2025-12-31 | 42.92% |
| 2025-12-30 | 42.91% |
| 2025-12-29 | 42.92% |
| 2025-12-26 | 42.93% |
| 2025-12-24 | 42.92% |
| 2025-12-23 | 42.91% |
| 2025-12-22 | 42.92% |
| 2025-12-19 | 42.92% |
| 2025-12-18 | 42.91% |
| 2025-12-17 | 42.93% |
| 2025-12-16 | 42.92% |
| 2025-12-15 | 42.91% |
| 2025-12-12 | 42.42% |
| 2025-12-11 | 42.41% |
| 2025-12-10 | 42.40% |
| 2025-12-09 | 40.98% |
| 2025-12-08 | 40.98% |
| 2025-12-05 | 40.98% |
| 2025-12-04 | 40.99% |
| 2025-12-03 | 40.96% |
| 2025-12-02 | 40.98% |
| 2025-12-01 | 40.97% |
| 2025-11-28 | 40.98% |
| 2025-11-26 | 40.98% |
| 2025-11-25 | 40.98% |
| 2025-11-24 | 40.98% |
| 2025-11-21 | 40.99% |
| 2025-11-20 | 40.96% |
| 2025-11-19 | 40.97% |
| 2025-11-18 | 40.98% |
| 2025-11-17 | 40.96% |
| 2025-11-14 | 40.97% |
| 2025-11-13 | 40.98% |
| 2025-11-12 | 40.98% |
| 2025-11-11 | 40.96% |
| 2025-11-10 | 40.97% |
| 2025-11-07 | 40.99% |
| 2025-11-06 | 40.97% |
| 2025-11-05 | 40.96% |
| 2025-11-04 | 40.99% |
| 2025-11-03 | 40.96% |
| 2025-10-31 | 40.98% |
| 2025-10-30 | 40.99% |
| 2025-10-29 | 40.99% |
| 2025-10-28 | 40.99% |
| 2025-10-27 | 40.96% |
| 2025-10-24 | 40.97% |
| 2025-10-23 | 40.96% |
| 2025-10-22 | 40.98% |
| 2025-10-21 | 40.99% |
| 2025-10-20 | 40.98% |
| 2025-10-17 | 40.98% |
| 2025-10-16 | 40.98% |
| 2025-10-15 | 40.96% |
| 2025-10-14 | 40.96% |
| 2025-10-13 | 40.98% |
| 2025-10-10 | 40.96% |
| 2025-10-09 | 40.97% |
| 2025-10-08 | 40.97% |
| 2025-10-07 | 40.97% |
| 2025-10-06 | 40.97% |
| 2025-10-03 | 40.97% |
| 2025-10-02 | 40.98% |
| 2025-10-01 | 40.98% |
| 2025-09-30 | 40.97% |
| 2025-09-29 | 40.98% |
| 2025-09-26 | 40.97% |
| 2025-09-25 | 40.98% |
| 2025-09-24 | 40.98% |
| 2025-09-23 | 40.99% |
| 2025-09-22 | 40.97% |
| 2025-09-19 | 40.95% |
| 2025-09-18 | 40.98% |
| 2025-09-17 | 40.98% |
| 2025-09-16 | 40.99% |
| 2025-09-15 | 40.96% |
| 2025-09-12 | 40.46% |
| 2025-09-11 | 40.46% |
| 2025-09-10 | 40.46% |
| 2025-09-09 | 35.96% |
| 2025-09-08 | 35.96% |
| 2025-09-05 | 35.96% |
| 2025-09-04 | 35.98% |
| 2025-09-03 | 35.96% |
| 2025-09-02 | 35.95% |
| 2025-08-29 | 35.96% |
| 2025-08-28 | 35.98% |
| 2025-08-27 | 35.98% |
| 2025-08-26 | 35.98% |
| 2025-08-25 | 35.96% |
| 2025-08-22 | 35.98% |
| 2025-08-21 | 36.00% |
| 2025-08-20 | 36.00% |
| 2025-08-19 | 35.99% |
| 2025-08-18 | 35.96% |
| 2025-08-15 | 35.97% |
| 2025-08-14 | 35.99% |
| 2025-08-13 | 35.99% |
| 2025-08-12 | 35.97% |
| 2025-08-11 | 35.99% |
| 2025-08-08 | 35.96% |
| 2025-08-07 | 35.99% |
| 2025-08-06 | 35.99% |
| 2025-08-05 | 35.97% |
| 2025-08-04 | 35.97% |
| 2025-08-01 | 35.96% |
| 2025-07-31 | 35.98% |
| 2025-07-30 | 35.99% |
| 2025-07-29 | 35.96% |
| 2025-07-28 | 35.97% |
| 2025-07-25 | 35.99% |
Showing the most recent 260 of 2,348 data points. The chart above shows the full history.
| N/A (Loss) |
| 2020 | $1.82 | $0.38 | 20.7% |
| 2019 | $3.60 | $1.51 | 41.9% |
| 2018 | $5.13 | $1.51 | 29.4% |
| 2017 | $2.03 | $1.51 | 74.4% |
| 2016 | $3.26 | $1.49 | 45.8% |
| 2015 | $4.30 | $1.39 | 32.4% |
| 2014 | $3.93 | $1.19 | 30.2% |
| 2013 | $3.29 | $0.95 | 28.9% |
| 2012 | $2.96 | $0.80 | 27.0% |
| 2011 | $2.00 | $0.35 | 17.5% |
| 2010 | $0.78 | $0.20 | 25.6% |
| 2009 | ($11.40) | $0.20 | N/A (Loss) |
| 2008 | $2.00 | $0.53 | 26.4% |
| 2007 | $1.84 | $0.52 | 28.1% |
| 2006 | $3.30 | $0.51 | 15.4% |
| 2005 | $1.97 | $0.39 | 19.5% |
| 2004 | $1.88 | $0.27 | 14.1% |
| 2003 | $2.08 | $0.19 | 9.0% |
| 2002 | ($0.71) | $0.00 | N/A (Loss) |
| 2001 | ($0.45) | $0.00 | N/A (Loss) |
| 2000 | $1.89 | $0.00 | 0.0% |
| 1999 | $1.58 | $0.00 | 0.0% |
| 1998 | $1.28 | $0.00 | 0.0% |
| 1997 | $0.64 | $0.00 | 0.0% |
