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 53.64% is in line with its 5-year average of 57.11%, near the low end of its 5-year range (35.77%–264.56%).
As of Sunday, July 26, 2026. 10.34% above its 12-month average of 48.61%.
Dividend Payout Ratio (53.64%) = TTM Dividends/Share ($3.02) / TTM EPS ($5.63)
DIVIDEND PAYOUT RATIO
53.64%
DIVIDEND PAYOUT RATIO AVG TTM
48.61%
DIVIDEND PAYOUT RATIO AVG 3Y
45.95%
DIVIDEND PAYOUT RATIO AVG 5Y
46.98%
DIVIDEND PAYOUT RATIO AVG 10Y
50.48%
DIVIDEND PAYOUT RATIO AVG 15Y
45.61%
DIVIDEND PAYOUT RATIO AVG 20Y
42.43%
CURRENT VS TTM AVG
+10.34%
CURRENT VS 3Y AVG
+16.72%
CURRENT VS 5Y AVG
+14.18%
CURRENT VS 10Y AVG
+6.25%
CURRENT VS 15Y AVG
+17.62%
CURRENT VS 20Y AVG
+26.41%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $6.04 | $2.92 | 48.3% |
| 2024 | $7.58 | $3.36 | 44.4% |
| 2023 | ($12.63) | $5.02 | N/A (Loss) |
| 2022 | $10.21 | $4.98 | 48.8% |
| 2021 | $10.23 | $4.95 | 48.4% |
| 2020 | $9.43 | $4.92 |
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 |
|---|---|
| 2026-07-24 | 53.64% |
| 2026-07-23 | 53.64% |
| 2026-07-22 | 53.64% |
| 2026-07-21 | 53.64% |
| 2026-07-20 | 58.19% |
| 2026-07-17 | 58.19% |
| 2026-07-16 | 58.19% |
| 2026-07-15 | 58.19% |
| 2026-07-14 | 58.19% |
| 2026-07-13 | 58.20% |
| 2026-07-10 | 58.19% |
| 2026-07-09 | 58.19% |
| 2026-07-08 | 58.19% |
| 2026-07-07 | 58.20% |
| 2026-07-06 | 58.18% |
| 2026-07-02 | 58.18% |
| 2026-07-01 | 58.19% |
| 2026-06-30 | 58.20% |
| 2026-06-29 | 58.19% |
| 2026-06-26 | 58.19% |
| 2026-06-25 | 58.18% |
| 2026-06-24 | 58.19% |
| 2026-06-23 | 58.18% |
| 2026-06-22 | 58.19% |
| 2026-06-18 | 58.18% |
| 2026-06-17 | 58.19% |
| 2026-06-16 | 58.18% |
| 2026-06-15 | 58.19% |
| 2026-06-12 | 58.18% |
| 2026-06-11 | 58.20% |
| 2026-06-10 | 58.19% |
| 2026-06-09 | 58.18% |
| 2026-06-08 | 58.18% |
| 2026-06-05 | 58.20% |
| 2026-06-04 | 58.20% |
| 2026-06-03 | 58.19% |
| 2026-06-02 | 58.19% |
| 2026-06-01 | 58.19% |
| 2026-05-29 | 58.18% |
| 2026-05-28 | 58.19% |
| 2026-05-27 | 58.19% |
| 2026-05-26 | 58.19% |
| 2026-05-22 | 72.25% |
| 2026-05-21 | 57.23% |
| 2026-05-20 | 57.23% |
| 2026-05-19 | 57.23% |
| 2026-05-18 | 57.23% |
| 2026-05-15 | 57.22% |
| 2026-05-14 | 57.22% |
| 2026-05-13 | 57.22% |
| 2026-05-12 | 57.22% |
| 2026-05-11 | 57.23% |
| 2026-05-08 | 57.23% |
| 2026-05-07 | 57.23% |
| 2026-05-06 | 57.24% |
| 2026-05-05 | 57.23% |
| 2026-05-04 | 57.23% |
| 2026-05-01 | 57.23% |
| 2026-04-30 | 57.22% |
| 2026-04-29 | 57.22% |
| 2026-04-28 | 57.23% |
| 2026-04-27 | 57.23% |
| 2026-04-24 | 57.23% |
| 2026-04-23 | 57.23% |
| 2026-04-22 | 57.23% |
| 2026-04-21 | 57.23% |
| 2026-04-20 | 49.49% |
| 2026-04-17 | 49.50% |
| 2026-04-16 | 49.50% |
| 2026-04-15 | 49.51% |
| 2026-04-14 | 49.51% |
| 2026-04-13 | 49.51% |
| 2026-04-10 | 49.49% |
| 2026-04-09 | 49.49% |
| 2026-04-08 | 49.50% |
| 2026-04-07 | 49.50% |
| 2026-04-06 | 49.49% |
| 2026-04-02 | 49.50% |
| 2026-04-01 | 49.50% |
| 2026-03-31 | 49.51% |
| 2026-03-30 | 49.49% |
| 2026-03-27 | 49.50% |
| 2026-03-26 | 49.50% |
| 2026-03-25 | 49.51% |
| 2026-03-24 | 49.49% |
| 2026-03-23 | 49.51% |
| 2026-03-20 | 49.49% |
| 2026-03-19 | 49.51% |
| 2026-03-18 | 49.50% |
| 2026-03-17 | 49.49% |
| 2026-03-16 | 49.50% |
| 2026-03-13 | 49.50% |
| 2026-03-12 | 49.50% |
| 2026-03-11 | 49.50% |
| 2026-03-10 | 49.51% |
| 2026-03-09 | 49.50% |
| 2026-03-06 | 49.50% |
| 2026-03-05 | 49.51% |
| 2026-03-04 | 49.51% |
| 2026-03-03 | 49.49% |
| 2026-03-02 | 49.50% |
| 2026-02-27 | 49.49% |
| 2026-02-26 | 49.49% |
| 2026-02-25 | 49.50% |
| 2026-02-24 | 49.49% |
| 2026-02-23 | 49.49% |
| 2026-02-20 | 49.49% |
| 2026-02-19 | 49.50% |
| 2026-02-18 | 49.50% |
| 2026-02-17 | 49.51% |
| 2026-02-13 | 61.67% |
| 2026-02-12 | 48.66% |
| 2026-02-11 | 48.67% |
| 2026-02-10 | 48.68% |
| 2026-02-09 | 48.67% |
| 2026-02-06 | 48.68% |
| 2026-02-05 | 48.66% |
| 2026-02-04 | 48.67% |
| 2026-02-03 | 48.67% |
| 2026-02-02 | 46.65% |
| 2026-01-30 | 46.65% |
| 2026-01-29 | 46.64% |
| 2026-01-28 | 46.64% |
| 2026-01-27 | 46.65% |
| 2026-01-26 | 46.64% |
| 2026-01-23 | 46.65% |
| 2026-01-22 | 46.65% |
| 2026-01-21 | 46.64% |
| 2026-01-20 | 46.65% |
| 2026-01-16 | 46.65% |
| 2026-01-15 | 46.64% |
| 2026-01-14 | 46.64% |
| 2026-01-13 | 46.64% |
| 2026-01-12 | 46.65% |
| 2026-01-09 | 46.65% |
| 2026-01-08 | 46.65% |
| 2026-01-07 | 46.64% |
| 2026-01-06 | 46.64% |
| 2026-01-05 | 46.65% |
| 2026-01-02 | 46.65% |
| 2025-12-31 | 46.65% |
| 2025-12-30 | 46.65% |
| 2025-12-29 | 46.64% |
| 2025-12-26 | 46.64% |
| 2025-12-24 | 46.64% |
| 2025-12-23 | 46.64% |
| 2025-12-22 | 46.65% |
| 2025-12-19 | 46.64% |
| 2025-12-18 | 46.64% |
| 2025-12-17 | 46.65% |
| 2025-12-16 | 46.64% |
| 2025-12-15 | 46.65% |
| 2025-12-12 | 46.64% |
| 2025-12-11 | 46.64% |
| 2025-12-10 | 46.64% |
| 2025-12-09 | 46.64% |
| 2025-12-08 | 46.64% |
| 2025-12-05 | 46.64% |
| 2025-12-04 | 46.65% |
| 2025-12-03 | 46.65% |
| 2025-12-02 | 46.65% |
| 2025-12-01 | 46.64% |
| 2025-11-28 | 46.64% |
| 2025-11-26 | 46.64% |
| 2025-11-25 | 46.64% |
| 2025-11-24 | 46.65% |
| 2025-11-21 | 46.64% |
| 2025-11-20 | 46.65% |
| 2025-11-19 | 46.64% |
| 2025-11-18 | 46.64% |
| 2025-11-17 | 46.65% |
| 2025-11-14 | 57.83% |
| 2025-11-13 | 46.17% |
| 2025-11-12 | 46.17% |
| 2025-11-11 | 46.16% |
| 2025-11-10 | 46.16% |
| 2025-11-07 | 46.16% |
| 2025-11-06 | 46.16% |
| 2025-11-05 | 46.17% |
| 2025-11-04 | 46.16% |
| 2025-11-03 | 46.17% |
| 2025-10-31 | 46.17% |
| 2025-10-30 | 46.17% |
| 2025-10-29 | 46.17% |
| 2025-10-28 | 46.17% |
| 2025-10-27 | 46.16% |
| 2025-10-24 | 46.17% |
| 2025-10-23 | 46.16% |
| 2025-10-22 | 46.16% |
| 2025-10-21 | 46.17% |
| 2025-10-20 | 40.20% |
| 2025-10-17 | 40.20% |
| 2025-10-16 | 40.20% |
| 2025-10-15 | 40.19% |
| 2025-10-14 | 40.19% |
| 2025-10-13 | 40.20% |
| 2025-10-10 | 40.20% |
| 2025-10-09 | 40.19% |
| 2025-10-08 | 40.20% |
| 2025-10-07 | 40.19% |
| 2025-10-06 | 40.20% |
| 2025-10-03 | 40.20% |
| 2025-10-02 | 40.20% |
| 2025-10-01 | 40.20% |
| 2025-09-30 | 40.19% |
| 2025-09-29 | 40.20% |
| 2025-09-26 | 40.19% |
| 2025-09-25 | 40.19% |
| 2025-09-24 | 40.19% |
| 2025-09-23 | 40.20% |
| 2025-09-22 | 40.20% |
| 2025-09-19 | 40.19% |
| 2025-09-18 | 40.19% |
| 2025-09-17 | 40.19% |
| 2025-09-16 | 40.20% |
| 2025-09-15 | 40.20% |
| 2025-09-12 | 40.20% |
| 2025-09-11 | 40.20% |
| 2025-09-10 | 40.20% |
| 2025-09-09 | 40.19% |
| 2025-09-08 | 40.20% |
| 2025-09-05 | 40.20% |
| 2025-09-04 | 40.19% |
| 2025-09-03 | 40.19% |
| 2025-09-02 | 40.20% |
| 2025-08-29 | 40.19% |
| 2025-08-28 | 40.19% |
| 2025-08-27 | 40.19% |
| 2025-08-26 | 40.20% |
| 2025-08-25 | 49.94% |
| 2025-08-22 | 39.79% |
| 2025-08-21 | 39.77% |
| 2025-08-20 | 39.77% |
| 2025-08-19 | 39.79% |
| 2025-08-18 | 39.78% |
| 2025-08-15 | 39.77% |
| 2025-08-14 | 39.78% |
| 2025-08-13 | 39.78% |
| 2025-08-12 | 39.77% |
| 2025-08-11 | 39.78% |
| 2025-08-08 | 39.78% |
| 2025-08-07 | 39.77% |
| 2025-08-06 | 39.78% |
| 2025-08-05 | 39.77% |
| 2025-08-04 | 39.79% |
| 2025-08-01 | 39.77% |
| 2025-07-31 | 39.77% |
| 2025-07-30 | 39.77% |
| 2025-07-29 | 39.78% |
| 2025-07-28 | 39.78% |
| 2025-07-25 | 39.78% |
| 2025-07-24 | 39.77% |
| 2025-07-23 | 39.78% |
| 2025-07-22 | 39.78% |
| 2025-07-21 | 39.77% |
| 2025-07-18 | 39.77% |
| 2025-07-17 | 36.16% |
| 2025-07-16 | 36.16% |
| 2025-07-15 | 36.16% |
| 2025-07-14 | 36.15% |
Showing the most recent 260 of 2,526 data points. The chart above shows the full history.
| 52.1% |
| 2019 | $7.92 | $4.82 | 60.8% |
| 2018 | $9.09 | $4.55 | 50.0% |
| 2017 | $8.13 | $3.93 | 48.3% |
| 2016 | $8.35 | $3.71 | 44.5% |
| 2015 | $7.73 | $3.43 | 44.3% |
| 2014 | $7.63 | $2.86 | 37.5% |
| 2013 | $6.83 | $2.12 | 31.1% |
| 2012 | $6.40 | $1.97 | 30.8% |
| 2011 | $6.05 | $1.84 | 30.4% |
| 2010 | $5.72 | $1.76 | 30.7% |
| 2009 | $4.56 | $1.71 | 37.4% |
| 2008 | $4.95 | $1.67 | 33.8% |
| 2007 | $5.70 | $1.61 | 28.2% |
| 2006 | $5.15 | $1.54 | 29.9% |
| 2005 | $4.18 | $1.40 | 33.6% |
| 2004 | $3.83 | $1.20 | 31.4% |
| 2003 | $3.07 | $1.10 | 36.0% |
| 2002 | $2.53 | $1.04 | 41.0% |
| 2001 | $1.81 | $1.00 | 55.4% |
| 2000 | $2.25 | $0.97 | 43.1% |
| 1999 | $2.19 | $0.94 | 42.8% |
| 1998 | $1.46 | $0.92 | 63.0% |
| 1997 | $2.57 | $0.89 | 34.5% |
| 1996 | $1.82 | $1.81 | 99.2% |
