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 88.70% is 26% below its 5-year average of 120.54%, near the low end of its 5-year range (50.31%–375.29%).
As of Sunday, July 26, 2026. 4.10% above its 12-month average of 85.21%.
Dividend Payout Ratio (88.70%) = TTM Dividends/Share ($4.24) / TTM EPS ($4.78)
DIVIDEND PAYOUT RATIO
88.70%
DIVIDEND PAYOUT RATIO AVG TTM
85.21%
DIVIDEND PAYOUT RATIO AVG 3Y
80.31%
DIVIDEND PAYOUT RATIO AVG 5Y
96.76%
DIVIDEND PAYOUT RATIO AVG 10Y
90.52%
DIVIDEND PAYOUT RATIO AVG 15Y
82.30%
DIVIDEND PAYOUT RATIO AVG 20Y
75.96%
CURRENT VS TTM AVG
+4.10%
CURRENT VS 3Y AVG
+10.46%
CURRENT VS 5Y AVG
-8.33%
CURRENT VS 10Y AVG
-2.01%
CURRENT VS 15Y AVG
+7.78%
CURRENT VS 20Y AVG
+16.78%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $4.11 | $4.16 | 101.2% |
| 2024 | $6.54 | $4.00 | 61.2% |
| 2023 | $4.61 | $3.84 | 83.3% |
| 2022 | $3.19 | $3.68 | 115.4% |
| 2021 | $1.34 | $3.52 | 262.7% |
| 2020 | $2.40 | $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 |
|---|---|
| 2026-07-24 | 88.70% |
| 2026-07-23 | 88.71% |
| 2026-07-22 | 88.71% |
| 2026-07-21 | 88.70% |
| 2026-07-20 | 88.71% |
| 2026-07-17 | 88.73% |
| 2026-07-16 | 88.71% |
| 2026-07-15 | 88.68% |
| 2026-07-14 | 88.72% |
| 2026-07-13 | 88.73% |
| 2026-07-10 | 88.71% |
| 2026-07-09 | 88.72% |
| 2026-07-08 | 88.69% |
| 2026-07-07 | 88.68% |
| 2026-07-06 | 88.72% |
| 2026-07-02 | 88.70% |
| 2026-07-01 | 88.72% |
| 2026-06-30 | 88.69% |
| 2026-06-29 | 88.69% |
| 2026-06-26 | 88.72% |
| 2026-06-25 | 88.73% |
| 2026-06-24 | 88.72% |
| 2026-06-23 | 88.70% |
| 2026-06-22 | 88.69% |
| 2026-06-18 | 88.70% |
| 2026-06-17 | 88.67% |
| 2026-06-16 | 88.68% |
| 2026-06-15 | 110.05% |
| 2026-06-12 | 87.86% |
| 2026-06-11 | 87.87% |
| 2026-06-10 | 87.87% |
| 2026-06-09 | 87.86% |
| 2026-06-08 | 87.84% |
| 2026-06-05 | 87.85% |
| 2026-06-04 | 87.87% |
| 2026-06-03 | 87.88% |
| 2026-06-02 | 87.89% |
| 2026-06-01 | 87.85% |
| 2026-05-29 | 87.89% |
| 2026-05-28 | 87.89% |
| 2026-05-27 | 87.89% |
| 2026-05-26 | 87.87% |
| 2026-05-22 | 87.86% |
| 2026-05-21 | 87.86% |
| 2026-05-20 | 87.86% |
| 2026-05-19 | 87.86% |
| 2026-05-18 | 87.85% |
| 2026-05-15 | 87.86% |
| 2026-05-14 | 87.87% |
| 2026-05-13 | 87.89% |
| 2026-05-12 | 87.86% |
| 2026-05-11 | 87.84% |
| 2026-05-08 | 87.86% |
| 2026-05-07 | 87.84% |
| 2026-05-06 | 87.87% |
| 2026-05-05 | 87.88% |
| 2026-05-04 | 87.88% |
| 2026-05-01 | 87.89% |
| 2026-04-30 | 87.87% |
| 2026-04-29 | 102.17% |
| 2026-04-28 | 102.21% |
| 2026-04-27 | 102.20% |
| 2026-04-24 | 102.17% |
| 2026-04-23 | 102.20% |
| 2026-04-22 | 102.20% |
| 2026-04-21 | 102.19% |
| 2026-04-20 | 102.19% |
| 2026-04-17 | 102.17% |
| 2026-04-16 | 102.19% |
| 2026-04-15 | 102.16% |
| 2026-04-14 | 102.22% |
| 2026-04-13 | 102.22% |
| 2026-04-10 | 102.16% |
| 2026-04-09 | 102.17% |
| 2026-04-08 | 102.17% |
| 2026-04-07 | 102.19% |
| 2026-04-06 | 102.18% |
| 2026-04-02 | 102.19% |
| 2026-04-01 | 102.18% |
| 2026-03-31 | 102.22% |
| 2026-03-30 | 102.21% |
| 2026-03-27 | 102.22% |
| 2026-03-26 | 102.17% |
| 2026-03-25 | 102.20% |
| 2026-03-24 | 101.22% |
| 2026-03-23 | 101.24% |
| 2026-03-20 | 101.24% |
| 2026-03-19 | 101.20% |
| 2026-03-18 | 101.24% |
| 2026-03-17 | 101.19% |
| 2026-03-16 | 101.21% |
| 2026-03-13 | 101.23% |
| 2026-03-12 | 101.24% |
| 2026-03-11 | 101.21% |
| 2026-03-10 | 101.24% |
| 2026-03-09 | 101.21% |
| 2026-03-06 | 101.20% |
| 2026-03-05 | 101.24% |
| 2026-03-04 | 101.19% |
| 2026-03-03 | 101.21% |
| 2026-03-02 | 101.20% |
| 2026-02-27 | 101.23% |
| 2026-02-26 | 101.20% |
| 2026-02-25 | 101.22% |
| 2026-02-24 | 79.42% |
| 2026-02-23 | 79.36% |
| 2026-02-20 | 79.42% |
| 2026-02-19 | 79.42% |
| 2026-02-18 | 79.37% |
| 2026-02-17 | 79.40% |
| 2026-02-13 | 79.36% |
| 2026-02-12 | 79.40% |
| 2026-02-11 | 79.39% |
| 2026-02-10 | 79.39% |
| 2026-02-09 | 79.39% |
| 2026-02-06 | 79.38% |
| 2026-02-05 | 79.40% |
| 2026-02-04 | 79.42% |
| 2026-02-03 | 79.36% |
| 2026-02-02 | 79.42% |
| 2026-01-30 | 79.39% |
| 2026-01-29 | 79.36% |
| 2026-01-28 | 79.40% |
| 2026-01-27 | 79.38% |
| 2026-01-26 | 79.40% |
| 2026-01-23 | 79.36% |
| 2026-01-22 | 79.41% |
| 2026-01-21 | 79.41% |
| 2026-01-20 | 79.39% |
| 2026-01-16 | 79.41% |
| 2026-01-15 | 79.38% |
| 2026-01-14 | 79.38% |
| 2026-01-13 | 79.40% |
| 2026-01-12 | 79.38% |
| 2026-01-09 | 79.40% |
| 2026-01-08 | 79.40% |
| 2026-01-07 | 79.37% |
| 2026-01-06 | 79.41% |
| 2026-01-05 | 79.36% |
| 2026-01-02 | 79.41% |
| 2025-12-31 | 79.36% |
| 2025-12-30 | 79.35% |
| 2025-12-29 | 79.42% |
| 2025-12-26 | 79.37% |
| 2025-12-24 | 78.66% |
| 2025-12-23 | 78.61% |
| 2025-12-22 | 78.66% |
| 2025-12-19 | 78.61% |
| 2025-12-18 | 78.60% |
| 2025-12-17 | 78.60% |
| 2025-12-16 | 78.61% |
| 2025-12-15 | 78.65% |
| 2025-12-12 | 78.61% |
| 2025-12-11 | 78.65% |
| 2025-12-10 | 78.62% |
| 2025-12-09 | 78.60% |
| 2025-12-08 | 78.63% |
| 2025-12-05 | 78.65% |
| 2025-12-04 | 78.60% |
| 2025-12-03 | 78.65% |
| 2025-12-02 | 78.66% |
| 2025-12-01 | 78.65% |
| 2025-11-28 | 78.62% |
| 2025-11-26 | 78.62% |
| 2025-11-25 | 78.60% |
| 2025-11-24 | 78.62% |
| 2025-11-21 | 78.59% |
| 2025-11-20 | 78.60% |
| 2025-11-19 | 78.66% |
| 2025-11-18 | 78.64% |
| 2025-11-17 | 78.60% |
| 2025-11-14 | 78.59% |
| 2025-11-13 | 78.61% |
| 2025-11-12 | 78.64% |
| 2025-11-11 | 78.65% |
| 2025-11-10 | 78.61% |
| 2025-11-07 | 78.59% |
| 2025-11-06 | 78.63% |
| 2025-11-05 | 78.64% |
| 2025-11-04 | 78.65% |
| 2025-11-03 | 78.59% |
| 2025-10-31 | 78.63% |
| 2025-10-30 | 78.61% |
| 2025-10-29 | 79.71% |
| 2025-10-28 | 79.69% |
| 2025-10-27 | 79.70% |
| 2025-10-24 | 79.70% |
| 2025-10-23 | 79.69% |
| 2025-10-22 | 79.68% |
| 2025-10-21 | 79.69% |
| 2025-10-20 | 79.71% |
| 2025-10-17 | 79.68% |
| 2025-10-16 | 79.69% |
| 2025-10-15 | 79.71% |
| 2025-10-14 | 79.69% |
| 2025-10-13 | 79.67% |
| 2025-10-10 | 79.69% |
| 2025-10-09 | 79.68% |
| 2025-10-08 | 79.67% |
| 2025-10-07 | 79.68% |
| 2025-10-06 | 79.66% |
| 2025-10-03 | 79.67% |
| 2025-10-02 | 79.71% |
| 2025-10-01 | 79.68% |
| 2025-09-30 | 79.71% |
| 2025-09-29 | 79.68% |
| 2025-09-26 | 79.69% |
| 2025-09-25 | 79.70% |
| 2025-09-24 | 79.71% |
| 2025-09-23 | 79.71% |
| 2025-09-22 | 79.70% |
| 2025-09-19 | 79.68% |
| 2025-09-18 | 79.71% |
| 2025-09-17 | 79.68% |
| 2025-09-16 | 79.72% |
| 2025-09-15 | 99.41% |
| 2025-09-12 | 78.91% |
| 2025-09-11 | 78.94% |
| 2025-09-10 | 78.91% |
| 2025-09-09 | 78.90% |
| 2025-09-08 | 78.91% |
| 2025-09-05 | 78.90% |
| 2025-09-04 | 78.92% |
| 2025-09-03 | 78.93% |
| 2025-09-02 | 78.89% |
| 2025-08-29 | 78.92% |
| 2025-08-28 | 78.93% |
| 2025-08-27 | 78.95% |
| 2025-08-26 | 78.90% |
| 2025-08-25 | 78.92% |
| 2025-08-22 | 78.92% |
| 2025-08-21 | 78.91% |
| 2025-08-20 | 78.91% |
| 2025-08-19 | 78.89% |
| 2025-08-18 | 78.89% |
| 2025-08-15 | 78.91% |
| 2025-08-14 | 78.92% |
| 2025-08-13 | 78.92% |
| 2025-08-12 | 78.93% |
| 2025-08-11 | 78.90% |
| 2025-08-08 | 78.94% |
| 2025-08-07 | 78.90% |
| 2025-08-06 | 78.89% |
| 2025-08-05 | 78.90% |
| 2025-08-04 | 78.91% |
| 2025-08-01 | 78.92% |
| 2025-07-31 | 78.91% |
| 2025-07-30 | 78.95% |
| 2025-07-29 | 68.32% |
| 2025-07-28 | 68.37% |
| 2025-07-25 | 68.32% |
| 2025-07-24 | 68.31% |
| 2025-07-23 | 68.33% |
| 2025-07-22 | 68.37% |
| 2025-07-21 | 68.35% |
| 2025-07-18 | 68.35% |
| 2025-07-17 | 68.33% |
| 2025-07-16 | 68.35% |
| 2025-07-15 | 68.37% |
| 2025-07-14 | 68.36% |
Showing the most recent 260 of 2,566 data points. The chart above shows the full history.
| 141.7% |
| 2019 | ($0.69) | $3.28 | N/A (Loss) |
| 2018 | $3.69 | $3.00 | 81.3% |
| 2017 | $5.31 | $2.54 | 47.8% |
| 2016 | $7.28 | $2.35 | 32.3% |
| 2015 | $2.67 | $2.17 | 81.3% |
| 2014 | $2.56 | $2.00 | 78.1% |
| 2013 | $2.26 | $1.84 | 81.4% |
| 2012 | $2.06 | $1.70 | 82.5% |
| 2011 | $1.64 | $1.58 | 96.3% |
| 2010 | $1.87 | $1.46 | 78.1% |
| 2009 | $1.55 | $1.32 | 85.2% |
| 2008 | $2.38 | $1.68 | 70.6% |
| 2007 | $4.66 | $3.05 | 65.5% |
| 2006 | $5.76 | $3.32 | 57.6% |
| 2005 | $5.04 | $3.06 | 60.7% |
| 2004 | $4.60 | $2.82 | 61.3% |
| 2003 | $4.54 | $2.64 | 58.1% |
| 2002 | $5.26 | $2.44 | 46.4% |
| 2001 | $3.92 | $2.22 | 56.6% |
| 2000 | $3.85 | $2.02 | 52.5% |
| 1999 | $3.21 | $1.84 | 57.3% |
| 1998 | $2.21 | $1.68 | 76.0% |
| 1997 | $2.61 | $1.60 | 61.3% |
| 1996 | $2.56 | $1.47 | 57.3% |
