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 19.06% is 30% below its 5-year average of 27.36%, near the low end of its 5-year range (18.26%–43.35%).
As of Friday, October 2, 2026. 4.07% below its 12-month average of 19.87%.
Dividend Payout Ratio (19.06%) = TTM Dividends/Share ($1.29) / TTM EPS ($6.77)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-02.
DIVIDEND PAYOUT RATIO
19.06%
DIVIDEND PAYOUT RATIO AVG TTM
19.87%
DIVIDEND PAYOUT RATIO AVG 3Y
22.17%
DIVIDEND PAYOUT RATIO AVG 5Y
27.36%
DIVIDEND PAYOUT RATIO AVG 10Y
23.05%
DIVIDEND PAYOUT RATIO AVG 15Y
19.31%
DIVIDEND PAYOUT RATIO AVG 20Y
19.03%
CURRENT VS TTM AVG
-4.07%
CURRENT VS 3Y AVG
-14.01%
CURRENT VS 5Y AVG
-30.32%
CURRENT VS 10Y AVG
-17.29%
CURRENT VS 15Y AVG
-1.28%
CURRENT VS 20Y AVG
+0.16%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-09-30 | $5.56 | $1.20 | 21.6% |
| 2024-09-30 | $5.03 | $1.20 | 23.9% |
| 2023-09-30 | $2.65 | $1.12 | 42.3% |
| 2022-09-30 | $3.30 | $1.12 | 33.9% |
| 2021-09-30 | $4.69 | $1.12 | 23.9% |
| 2020-09-30 | $3.40 |
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 |
|---|---|
| 2026-10-02 | 19.06% |
| 2026-10-01 | 19.06% |
| 2026-09-30 | 19.06% |
| 2026-09-29 | 19.06% |
| 2026-09-28 | 19.07% |
| 2026-09-25 | 19.05% |
| 2026-09-24 | 19.05% |
| 2026-09-23 | 19.07% |
| 2026-09-22 | 19.05% |
| 2026-09-21 | 19.06% |
| 2026-09-18 | 19.05% |
| 2026-09-17 | 19.05% |
| 2026-09-16 | 19.06% |
| 2026-09-15 | 19.05% |
| 2026-09-14 | 19.06% |
| 2026-09-11 | 19.06% |
| 2026-09-10 | 19.05% |
| 2026-09-09 | 19.06% |
| 2026-09-08 | 19.05% |
| 2026-09-04 | 19.06% |
| 2026-09-03 | 19.05% |
| 2026-09-02 | 19.06% |
| 2026-09-01 | 19.05% |
| 2026-08-31 | 19.05% |
| 2026-08-28 | 19.06% |
| 2026-08-27 | 19.04% |
| 2026-08-26 | 19.05% |
| 2026-08-25 | 19.06% |
| 2026-08-24 | 19.05% |
| 2026-08-21 | 19.06% |
| 2026-08-20 | 19.05% |
| 2026-08-19 | 19.06% |
| 2026-08-18 | 19.06% |
| 2026-08-17 | 19.05% |
| 2026-08-14 | 23.50% |
| 2026-08-13 | 18.61% |
| 2026-08-12 | 18.61% |
| 2026-08-11 | 18.60% |
| 2026-08-10 | 18.62% |
| 2026-08-07 | 18.61% |
| 2026-08-06 | 18.86% |
| 2026-08-05 | 18.86% |
| 2026-08-04 | 18.86% |
| 2026-08-03 | 18.86% |
| 2026-07-31 | 18.86% |
| 2026-07-30 | 18.87% |
| 2026-07-29 | 18.87% |
| 2026-07-28 | 18.85% |
| 2026-07-27 | 18.86% |
| 2026-07-24 | 18.86% |
| 2026-07-23 | 18.85% |
| 2026-07-22 | 18.87% |
| 2026-07-21 | 18.86% |
| 2026-07-20 | 18.86% |
| 2026-07-17 | 18.87% |
| 2026-07-16 | 18.87% |
| 2026-07-15 | 18.87% |
| 2026-07-14 | 18.86% |
| 2026-07-13 | 18.87% |
| 2026-07-10 | 18.87% |
| 2026-07-09 | 18.86% |
| 2026-07-08 | 18.87% |
| 2026-07-07 | 18.86% |
| 2026-07-06 | 18.86% |
| 2026-07-02 | 18.87% |
| 2026-07-01 | 18.87% |
| 2026-06-30 | 18.87% |
| 2026-06-29 | 18.86% |
| 2026-06-26 | 18.85% |
| 2026-06-25 | 18.85% |
| 2026-06-24 | 18.86% |
| 2026-06-23 | 18.86% |
| 2026-06-22 | 18.86% |
| 2026-06-18 | 18.85% |
| 2026-06-17 | 18.86% |
| 2026-06-16 | 18.86% |
| 2026-06-15 | 18.86% |
| 2026-06-12 | 18.86% |
| 2026-06-11 | 18.87% |
| 2026-06-10 | 18.86% |
| 2026-06-09 | 18.86% |
| 2026-06-08 | 18.86% |
| 2026-06-05 | 18.86% |
| 2026-06-04 | 18.86% |
| 2026-06-03 | 18.86% |
| 2026-06-02 | 18.86% |
| 2026-06-01 | 18.87% |
| 2026-05-29 | 18.86% |
| 2026-05-28 | 18.86% |
| 2026-05-27 | 18.87% |
| 2026-05-26 | 18.87% |
| 2026-05-22 | 18.87% |
| 2026-05-21 | 18.86% |
| 2026-05-20 | 18.86% |
| 2026-05-19 | 18.87% |
| 2026-05-18 | 18.86% |
| 2026-05-15 | 18.87% |
| 2026-05-14 | 18.41% |
| 2026-05-13 | 18.42% |
| 2026-05-12 | 18.42% |
| 2026-05-11 | 18.41% |
| 2026-05-08 | 18.41% |
| 2026-05-07 | 18.73% |
| 2026-05-06 | 18.71% |
| 2026-05-05 | 18.72% |
| 2026-05-04 | 18.71% |
| 2026-05-01 | 18.72% |
| 2026-04-30 | 18.73% |
| 2026-04-29 | 18.73% |
| 2026-04-28 | 18.72% |
| 2026-04-27 | 18.73% |
| 2026-04-24 | 18.71% |
| 2026-04-23 | 18.73% |
| 2026-04-22 | 18.72% |
| 2026-04-21 | 18.73% |
| 2026-04-20 | 18.73% |
| 2026-04-17 | 18.72% |
| 2026-04-16 | 18.73% |
| 2026-04-15 | 18.73% |
| 2026-04-14 | 18.72% |
| 2026-04-13 | 18.72% |
| 2026-04-10 | 18.73% |
| 2026-04-09 | 18.73% |
| 2026-04-08 | 18.72% |
| 2026-04-07 | 18.73% |
| 2026-04-06 | 18.72% |
| 2026-04-02 | 18.71% |
| 2026-04-01 | 18.72% |
| 2026-03-31 | 18.73% |
| 2026-03-30 | 18.73% |
| 2026-03-27 | 18.73% |
| 2026-03-26 | 18.72% |
| 2026-03-25 | 18.72% |
| 2026-03-24 | 18.73% |
| 2026-03-23 | 18.72% |
| 2026-03-20 | 18.72% |
| 2026-03-19 | 18.72% |
| 2026-03-18 | 18.72% |
| 2026-03-17 | 18.72% |
| 2026-03-16 | 18.72% |
| 2026-03-13 | 18.72% |
| 2026-03-12 | 18.71% |
| 2026-03-11 | 18.73% |
| 2026-03-10 | 18.71% |
| 2026-03-09 | 18.72% |
| 2026-03-06 | 18.72% |
| 2026-03-05 | 18.72% |
| 2026-03-04 | 18.73% |
| 2026-03-03 | 18.72% |
| 2026-03-02 | 18.72% |
| 2026-02-27 | 18.72% |
| 2026-02-26 | 18.71% |
| 2026-02-25 | 18.73% |
| 2026-02-24 | 18.72% |
| 2026-02-23 | 18.73% |
| 2026-02-20 | 18.72% |
| 2026-02-19 | 18.72% |
| 2026-02-18 | 18.72% |
| 2026-02-17 | 18.72% |
| 2026-02-13 | 23.29% |
| 2026-02-12 | 18.27% |
| 2026-02-11 | 18.26% |
| 2026-02-10 | 18.26% |
| 2026-02-09 | 18.27% |
| 2026-02-06 | 18.27% |
| 2026-02-05 | 21.59% |
| 2026-02-04 | 21.58% |
| 2026-02-03 | 21.59% |
| 2026-02-02 | 21.59% |
| 2026-01-30 | 21.59% |
| 2026-01-29 | 21.59% |
| 2026-01-28 | 21.58% |
| 2026-01-27 | 21.58% |
| 2026-01-26 | 21.58% |
| 2026-01-23 | 21.58% |
| 2026-01-22 | 21.58% |
| 2026-01-21 | 21.58% |
| 2026-01-20 | 21.59% |
| 2026-01-16 | 21.58% |
| 2026-01-15 | 21.58% |
| 2026-01-14 | 21.58% |
| 2026-01-13 | 21.58% |
| 2026-01-12 | 21.58% |
| 2026-01-09 | 21.59% |
| 2026-01-08 | 21.58% |
| 2026-01-07 | 21.58% |
| 2026-01-06 | 21.58% |
| 2026-01-05 | 21.58% |
| 2026-01-02 | 21.58% |
| 2025-12-31 | 21.59% |
| 2025-12-30 | 21.58% |
| 2025-12-29 | 21.59% |
| 2025-12-26 | 21.58% |
| 2025-12-24 | 21.59% |
| 2025-12-23 | 21.58% |
| 2025-12-22 | 21.58% |
| 2025-12-19 | 21.58% |
| 2025-12-18 | 21.58% |
| 2025-12-17 | 21.58% |
| 2025-12-16 | 21.59% |
| 2025-12-15 | 21.59% |
| 2025-12-12 | 21.59% |
| 2025-12-11 | 21.59% |
| 2025-12-10 | 21.58% |
| 2025-12-09 | 21.58% |
| 2025-12-08 | 21.58% |
| 2025-12-05 | 21.58% |
| 2025-12-04 | 21.58% |
| 2025-12-03 | 21.58% |
| 2025-12-02 | 21.58% |
| 2025-12-01 | 21.59% |
| 2025-11-28 | 21.58% |
| 2025-11-26 | 21.59% |
| 2025-11-25 | 21.58% |
| 2025-11-24 | 21.58% |
| 2025-11-21 | 21.58% |
| 2025-11-20 | 22.10% |
| 2025-11-19 | 22.10% |
| 2025-11-18 | 22.10% |
| 2025-11-17 | 22.10% |
| 2025-11-14 | 27.63% |
| 2025-11-13 | 22.10% |
| 2025-11-12 | 22.11% |
| 2025-11-11 | 22.10% |
| 2025-11-10 | 22.10% |
| 2025-11-07 | 22.09% |
| 2025-11-06 | 22.10% |
| 2025-11-05 | 22.10% |
| 2025-11-04 | 22.10% |
| 2025-11-03 | 22.10% |
| 2025-10-31 | 22.10% |
| 2025-10-30 | 22.10% |
| 2025-10-29 | 22.10% |
| 2025-10-28 | 22.10% |
| 2025-10-27 | 22.10% |
| 2025-10-24 | 22.09% |
| 2025-10-23 | 22.10% |
| 2025-10-22 | 22.10% |
| 2025-10-21 | 22.10% |
| 2025-10-20 | 22.10% |
| 2025-10-17 | 22.10% |
| 2025-10-16 | 22.10% |
| 2025-10-15 | 22.09% |
| 2025-10-14 | 22.11% |
| 2025-10-13 | 22.09% |
| 2025-10-10 | 22.10% |
| 2025-10-09 | 22.10% |
| 2025-10-08 | 22.10% |
| 2025-10-07 | 22.10% |
| 2025-10-06 | 22.10% |
| 2025-10-03 | 22.10% |
| 2025-10-02 | 22.09% |
| 2025-10-01 | 22.09% |
| 2025-09-30 | 22.10% |
| 2025-09-29 | 22.09% |
| 2025-09-26 | 22.10% |
| 2025-09-25 | 22.10% |
| 2025-09-24 | 22.10% |
| 2025-09-23 | 22.09% |
| 2025-09-22 | 22.09% |
Showing the most recent 260 of 2,528 data points. The chart above shows the full history.
| $1.12 |
| 32.9% |
| 2019-09-30 | $3.73 | $1.00 | 26.8% |
| 2018-09-30 | $3.37 | $0.18 | 5.3% |
| 2017-09-30 | $3.19 | $0.18 | 5.6% |
| 2016-09-30 | $2.71 | $0.18 | 6.6% |
| 2015-09-30 | $2.37 | $0.18 | 7.6% |
| 2014-09-30 | $2.15 | $0.18 | 8.4% |
| 2013-09-30 | $1.71 | $0.18 | 10.5% |
| 2012-09-30 | $1.12 | $0.18 | 16.1% |
| 2011-09-30 | $1.18 | $0.15 | 12.7% |
| 2010-09-30 | $1.01 | $0.12 | 11.9% |
| 2009-09-30 | $0.66 | $0.11 | 17.4% |
| 2008-09-30 | $0.09 | $0.10 | 114.3% |
| 2007-09-30 | ($0.09) | $0.10 | N/A (Loss) |
| 2006-09-30 | $0.03 | $0.10 | 363.6% |
| 2005-09-30 | $0.42 | $0.08 | 17.9% |
