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 74.80% is in line with its 5-year average of 71.83%, around the middle of its 5-year range (53.21%–102.20%).
As of Friday, September 4, 2026. 9.12% above its 12-month average of 68.56%.
Dividend Payout Ratio (74.80%) = TTM Dividends/Share ($3.71) / TTM EPS ($4.96)
DIVIDEND PAYOUT RATIO
74.80%
DIVIDEND PAYOUT RATIO AVG TTM
68.56%
DIVIDEND PAYOUT RATIO AVG 3Y
72.06%
DIVIDEND PAYOUT RATIO AVG 5Y
71.83%
DIVIDEND PAYOUT RATIO AVG 10Y
80.17%
DIVIDEND PAYOUT RATIO AVG 15Y
84.48%
DIVIDEND PAYOUT RATIO AVG 20Y
88.29%
CURRENT VS TTM AVG
+9.12%
CURRENT VS 3Y AVG
+3.81%
CURRENT VS 5Y AVG
+4.14%
CURRENT VS 10Y AVG
-6.69%
CURRENT VS 15Y AVG
-11.45%
CURRENT VS 20Y AVG
-15.27%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $5.52 | $3.63 | 65.8% |
| 2024-12-31 | $5.85 | $4.11 | 70.3% |
| 2023-12-31 | $5.23 | $3.69 | 70.7% |
| 2022-12-31 | $3.24 | $3.16 | 97.5% |
| 2021-12-31 | $4.80 | $2.58 | 53.6% |
| 2020-12-31 | $0.45 |
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 |
|---|---|
| 2026-09-04 | 74.80% |
| 2026-09-03 | 74.81% |
| 2026-09-02 | 74.82% |
| 2026-09-01 | 74.81% |
| 2026-08-31 | 74.80% |
| 2026-08-28 | 74.77% |
| 2026-08-27 | 74.78% |
| 2026-08-26 | 74.80% |
| 2026-08-25 | 74.78% |
| 2026-08-24 | 74.80% |
| 2026-08-21 | 74.79% |
| 2026-08-20 | 74.77% |
| 2026-08-19 | 74.81% |
| 2026-08-18 | 74.83% |
| 2026-08-17 | 74.77% |
| 2026-08-14 | 74.77% |
| 2026-08-13 | 74.79% |
| 2026-08-12 | 74.82% |
| 2026-08-11 | 74.79% |
| 2026-08-10 | 74.81% |
| 2026-08-07 | 79.92% |
| 2026-08-06 | 77.92% |
| 2026-08-05 | 77.88% |
| 2026-08-04 | 77.88% |
| 2026-08-03 | 77.92% |
| 2026-07-31 | 77.86% |
| 2026-07-30 | 77.89% |
| 2026-07-29 | 77.92% |
| 2026-07-28 | 77.92% |
| 2026-07-27 | 77.92% |
| 2026-07-24 | 77.92% |
| 2026-07-23 | 77.87% |
| 2026-07-22 | 77.88% |
| 2026-07-21 | 77.91% |
| 2026-07-20 | 77.88% |
| 2026-07-17 | 77.92% |
| 2026-07-16 | 77.88% |
| 2026-07-15 | 77.87% |
| 2026-07-14 | 77.92% |
| 2026-07-13 | 77.86% |
| 2026-07-10 | 77.87% |
| 2026-07-09 | 77.91% |
| 2026-07-08 | 77.91% |
| 2026-07-07 | 77.66% |
| 2026-07-06 | 77.70% |
| 2026-07-02 | 77.69% |
| 2026-07-01 | 77.67% |
| 2026-06-30 | 77.67% |
| 2026-06-29 | 77.65% |
| 2026-06-26 | 77.69% |
| 2026-06-25 | 77.71% |
| 2026-06-24 | 77.65% |
| 2026-06-23 | 77.68% |
| 2026-06-22 | 77.68% |
| 2026-06-18 | 77.68% |
| 2026-06-17 | 77.65% |
| 2026-06-16 | 77.66% |
| 2026-06-15 | 77.70% |
| 2026-06-12 | 77.67% |
| 2026-06-11 | 77.67% |
| 2026-06-10 | 77.68% |
| 2026-06-09 | 77.67% |
| 2026-06-08 | 77.65% |
| 2026-06-05 | 77.49% |
| 2026-06-04 | 77.46% |
| 2026-06-03 | 77.50% |
| 2026-06-02 | 77.50% |
| 2026-06-01 | 77.51% |
| 2026-05-29 | 77.47% |
| 2026-05-28 | 77.49% |
| 2026-05-27 | 77.46% |
| 2026-05-26 | 77.44% |
| 2026-05-22 | 77.49% |
| 2026-05-21 | 77.47% |
| 2026-05-20 | 77.45% |
| 2026-05-19 | 77.49% |
| 2026-05-18 | 77.44% |
| 2026-05-15 | 77.47% |
| 2026-05-14 | 77.46% |
| 2026-05-13 | 77.48% |
| 2026-05-12 | 77.47% |
| 2026-05-11 | 77.47% |
| 2026-05-08 | 77.47% |
| 2026-05-07 | 66.46% |
| 2026-05-06 | 66.51% |
| 2026-05-05 | 66.48% |
| 2026-05-04 | 66.48% |
| 2026-05-01 | 66.48% |
| 2026-04-30 | 66.51% |
| 2026-04-29 | 66.50% |
| 2026-04-28 | 66.48% |
| 2026-04-27 | 66.47% |
| 2026-04-24 | 66.46% |
| 2026-04-23 | 66.51% |
| 2026-04-22 | 66.48% |
| 2026-04-21 | 66.47% |
| 2026-04-20 | 66.51% |
| 2026-04-17 | 66.48% |
| 2026-04-16 | 66.45% |
| 2026-04-15 | 66.51% |
| 2026-04-14 | 66.51% |
| 2026-04-13 | 66.52% |
| 2026-04-10 | 66.51% |
| 2026-04-09 | 66.48% |
| 2026-04-08 | 66.48% |
| 2026-04-07 | 66.30% |
| 2026-04-06 | 66.31% |
| 2026-04-02 | 66.27% |
| 2026-04-01 | 66.28% |
| 2026-03-31 | 66.28% |
| 2026-03-30 | 66.33% |
| 2026-03-27 | 66.34% |
| 2026-03-26 | 66.33% |
| 2026-03-25 | 66.32% |
| 2026-03-24 | 66.33% |
| 2026-03-23 | 66.31% |
| 2026-03-20 | 66.33% |
| 2026-03-19 | 66.31% |
| 2026-03-18 | 66.31% |
| 2026-03-17 | 66.31% |
| 2026-03-16 | 66.33% |
| 2026-03-13 | 66.28% |
| 2026-03-12 | 66.29% |
| 2026-03-11 | 66.33% |
| 2026-03-10 | 66.33% |
| 2026-03-09 | 66.28% |
| 2026-03-06 | 70.81% |
| 2026-03-05 | 66.11% |
| 2026-03-04 | 66.13% |
| 2026-03-03 | 66.11% |
| 2026-03-02 | 66.13% |
| 2026-02-27 | 66.12% |
| 2026-02-26 | 60.51% |
| 2026-02-25 | 60.54% |
| 2026-02-24 | 60.54% |
| 2026-02-23 | 60.55% |
| 2026-02-20 | 60.54% |
| 2026-02-19 | 60.54% |
| 2026-02-18 | 60.51% |
| 2026-02-17 | 60.50% |
| 2026-02-13 | 60.55% |
| 2026-02-12 | 60.54% |
| 2026-02-11 | 60.51% |
| 2026-02-10 | 60.52% |
| 2026-02-09 | 60.50% |
| 2026-02-06 | 64.67% |
| 2026-02-05 | 60.34% |
| 2026-02-04 | 60.37% |
| 2026-02-03 | 60.38% |
| 2026-02-02 | 60.38% |
| 2026-01-30 | 60.36% |
| 2026-01-29 | 60.37% |
| 2026-01-28 | 60.37% |
| 2026-01-27 | 60.35% |
| 2026-01-26 | 60.37% |
| 2026-01-23 | 60.35% |
| 2026-01-22 | 60.35% |
| 2026-01-21 | 60.36% |
| 2026-01-20 | 60.37% |
| 2026-01-16 | 60.38% |
| 2026-01-15 | 60.38% |
| 2026-01-14 | 60.38% |
| 2026-01-13 | 60.34% |
| 2026-01-12 | 60.34% |
| 2026-01-09 | 60.38% |
| 2026-01-08 | 60.39% |
| 2026-01-07 | 60.17% |
| 2026-01-06 | 60.18% |
| 2026-01-05 | 60.17% |
| 2026-01-02 | 60.20% |
| 2025-12-31 | 60.17% |
| 2025-12-30 | 60.20% |
| 2025-12-29 | 60.21% |
| 2025-12-26 | 60.21% |
| 2025-12-24 | 60.21% |
| 2025-12-23 | 60.21% |
| 2025-12-22 | 60.20% |
| 2025-12-19 | 65.17% |
| 2025-12-18 | 65.16% |
| 2025-12-17 | 65.19% |
| 2025-12-16 | 65.14% |
| 2025-12-15 | 65.19% |
| 2025-12-12 | 65.17% |
| 2025-12-11 | 65.17% |
| 2025-12-10 | 65.19% |
| 2025-12-09 | 65.18% |
| 2025-12-08 | 65.19% |
| 2025-12-05 | 65.00% |
| 2025-12-04 | 65.03% |
| 2025-12-03 | 64.99% |
| 2025-12-02 | 65.02% |
| 2025-12-01 | 65.04% |
| 2025-11-28 | 65.04% |
| 2025-11-26 | 65.03% |
| 2025-11-25 | 65.00% |
| 2025-11-24 | 65.00% |
| 2025-11-21 | 64.98% |
| 2025-11-20 | 65.04% |
| 2025-11-19 | 65.01% |
| 2025-11-18 | 65.02% |
| 2025-11-17 | 64.99% |
| 2025-11-14 | 65.02% |
| 2025-11-13 | 65.02% |
| 2025-11-12 | 65.02% |
| 2025-11-11 | 65.00% |
| 2025-11-10 | 64.98% |
| 2025-11-07 | 69.04% |
| 2025-11-06 | 64.45% |
| 2025-11-05 | 64.45% |
| 2025-11-04 | 64.43% |
| 2025-11-03 | 64.44% |
| 2025-10-31 | 64.43% |
| 2025-10-30 | 64.39% |
| 2025-10-29 | 64.42% |
| 2025-10-28 | 64.43% |
| 2025-10-27 | 64.39% |
| 2025-10-24 | 64.38% |
| 2025-10-23 | 64.40% |
| 2025-10-22 | 64.43% |
| 2025-10-21 | 64.42% |
| 2025-10-20 | 64.44% |
| 2025-10-17 | 64.43% |
| 2025-10-16 | 64.45% |
| 2025-10-15 | 64.44% |
| 2025-10-14 | 64.43% |
| 2025-10-13 | 64.42% |
| 2025-10-10 | 64.43% |
| 2025-10-09 | 64.39% |
| 2025-10-08 | 64.45% |
| 2025-10-07 | 64.27% |
| 2025-10-06 | 64.22% |
| 2025-10-03 | 64.24% |
| 2025-10-02 | 64.26% |
| 2025-10-01 | 64.23% |
| 2025-09-30 | 64.27% |
| 2025-09-29 | 64.27% |
| 2025-09-26 | 64.24% |
| 2025-09-25 | 64.27% |
| 2025-09-24 | 64.27% |
| 2025-09-23 | 64.25% |
| 2025-09-22 | 64.25% |
| 2025-09-19 | 69.21% |
| 2025-09-18 | 69.16% |
| 2025-09-17 | 69.20% |
| 2025-09-16 | 69.18% |
| 2025-09-15 | 69.22% |
| 2025-09-12 | 69.16% |
| 2025-09-11 | 69.22% |
| 2025-09-10 | 69.19% |
| 2025-09-09 | 69.16% |
| 2025-09-08 | 69.20% |
| 2025-09-05 | 69.04% |
| 2025-09-04 | 69.03% |
| 2025-09-03 | 69.00% |
| 2025-09-02 | 69.04% |
| 2025-08-29 | 69.02% |
| 2025-08-28 | 69.01% |
| 2025-08-27 | 69.00% |
| 2025-08-26 | 69.04% |
| 2025-08-25 | 69.00% |
Showing the most recent 260 of 4,468 data points. The chart above shows the full history.
| $2.26 |
| 501.1% |
| 2019-12-31 | $2.06 | $2.92 | 141.5% |
| 2018-12-31 | $2.80 | $2.85 | 101.8% |
| 2017-12-31 | $3.01 | $2.79 | 92.7% |
| 2016-12-31 | $2.67 | $2.73 | 102.2% |
| 2015-12-31 | $2.13 | $2.66 | 124.9% |
| 2014-12-31 | $2.31 | $2.55 | 110.4% |
| 2013-12-31 | $2.65 | $2.68 | 100.9% |
| 2012-12-31 | $3.53 | $1.72 | 48.9% |
| 2011-12-31 | $2.76 | $1.69 | 61.4% |
| 2010-12-31 | $2.38 | $1.50 | 63.0% |
| 2009-12-31 | $1.19 | $1.38 | 115.5% |
| 2008-12-31 | $1.20 | $1.55 | 129.2% |
