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 37.60% is 14% above its 5-year average of 33.09%, near the low end of its 5-year range (4.70%–154.56%).
As of Thursday, July 30, 2026. 37.39% above its 12-month average of 27.37%.
Dividend Payout Ratio (37.60%) = TTM Dividends/Share ($0.88) / TTM EPS ($2.34)
DIVIDEND PAYOUT RATIO
37.60%
DIVIDEND PAYOUT RATIO AVG TTM
27.37%
DIVIDEND PAYOUT RATIO AVG 3Y
40.81%
DIVIDEND PAYOUT RATIO AVG 5Y
25.26%
DIVIDEND PAYOUT RATIO AVG 10Y
36.83%
DIVIDEND PAYOUT RATIO AVG 15Y
34.69%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+37.39%
CURRENT VS 3Y AVG
-7.85%
CURRENT VS 5Y AVG
+48.85%
CURRENT VS 10Y AVG
+2.09%
CURRENT VS 15Y AVG
+8.41%
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $1.70 | $0.88 | 51.8% |
| 2024 | $0.55 | $0.84 | 152.7% |
| 2023 | $3.52 | $1.05 | 29.8% |
| 2022 | $10.17 | $0.56 | 5.5% |
| 2021 | $4.31 | $0.28 | 6.4% |
| 2020 | $1.76 | $0.20 |
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 |
|---|---|
| 2026-07-30 | 37.60% |
| 2026-07-29 | 37.62% |
| 2026-07-28 | 37.59% |
| 2026-07-27 | 37.62% |
| 2026-07-24 | 37.61% |
| 2026-07-23 | 37.60% |
| 2026-07-22 | 37.63% |
| 2026-07-21 | 37.61% |
| 2026-07-20 | 37.62% |
| 2026-07-17 | 37.62% |
| 2026-07-16 | 37.61% |
| 2026-07-15 | 37.62% |
| 2026-07-14 | 37.59% |
| 2026-07-13 | 37.59% |
| 2026-07-10 | 37.60% |
| 2026-07-09 | 37.62% |
| 2026-07-08 | 37.59% |
| 2026-07-07 | 37.62% |
| 2026-07-06 | 37.60% |
| 2026-07-02 | 37.61% |
| 2026-07-01 | 37.60% |
| 2026-06-30 | 37.63% |
| 2026-06-29 | 37.61% |
| 2026-06-26 | 37.59% |
| 2026-06-25 | 37.62% |
| 2026-06-24 | 37.59% |
| 2026-06-23 | 37.60% |
| 2026-06-22 | 37.60% |
| 2026-06-18 | 37.62% |
| 2026-06-17 | 37.61% |
| 2026-06-16 | 37.61% |
| 2026-06-15 | 37.59% |
| 2026-06-12 | 37.62% |
| 2026-06-11 | 37.60% |
| 2026-06-10 | 37.61% |
| 2026-06-09 | 37.59% |
| 2026-06-08 | 37.62% |
| 2026-06-05 | 37.59% |
| 2026-06-04 | 47.03% |
| 2026-06-03 | 47.02% |
| 2026-06-02 | 47.02% |
| 2026-06-01 | 47.01% |
| 2026-05-29 | 46.99% |
| 2026-05-28 | 47.00% |
| 2026-05-27 | 47.02% |
| 2026-05-26 | 47.02% |
| 2026-05-22 | 47.01% |
| 2026-05-21 | 47.03% |
| 2026-05-20 | 37.60% |
| 2026-05-19 | 37.63% |
| 2026-05-18 | 37.61% |
| 2026-05-15 | 37.61% |
| 2026-05-14 | 37.60% |
| 2026-05-13 | 37.63% |
| 2026-05-12 | 37.61% |
| 2026-05-11 | 37.60% |
| 2026-05-08 | 22.68% |
| 2026-05-07 | 22.66% |
| 2026-05-06 | 22.67% |
| 2026-05-05 | 22.66% |
| 2026-05-04 | 22.68% |
| 2026-05-01 | 22.69% |
| 2026-04-30 | 22.69% |
| 2026-04-29 | 22.70% |
| 2026-04-28 | 22.69% |
| 2026-04-27 | 22.66% |
| 2026-04-24 | 22.70% |
| 2026-04-23 | 22.69% |
| 2026-04-22 | 22.68% |
| 2026-04-21 | 22.69% |
| 2026-04-20 | 22.67% |
| 2026-04-17 | 22.67% |
| 2026-04-16 | 22.67% |
| 2026-04-15 | 22.70% |
| 2026-04-14 | 22.68% |
| 2026-04-13 | 22.66% |
| 2026-04-10 | 22.68% |
| 2026-04-09 | 22.67% |
| 2026-04-08 | 22.68% |
| 2026-04-07 | 22.69% |
| 2026-04-06 | 22.67% |
| 2026-04-02 | 22.66% |
| 2026-04-01 | 22.68% |
| 2026-03-31 | 22.67% |
| 2026-03-30 | 22.67% |
| 2026-03-27 | 22.67% |
| 2026-03-26 | 22.67% |
| 2026-03-25 | 22.68% |
| 2026-03-24 | 22.66% |
| 2026-03-23 | 22.69% |
| 2026-03-20 | 22.68% |
| 2026-03-19 | 22.67% |
| 2026-03-18 | 22.68% |
| 2026-03-17 | 22.68% |
| 2026-03-16 | 22.68% |
| 2026-03-13 | 22.67% |
| 2026-03-12 | 22.67% |
| 2026-03-11 | 22.67% |
| 2026-03-10 | 22.66% |
| 2026-03-09 | 22.69% |
| 2026-03-06 | 17.01% |
| 2026-03-05 | 22.67% |
| 2026-03-04 | 22.67% |
| 2026-03-03 | 22.67% |
| 2026-03-02 | 22.68% |
| 2026-02-27 | 22.70% |
| 2026-02-26 | 22.81% |
| 2026-02-25 | 22.80% |
| 2026-02-24 | 22.80% |
| 2026-02-23 | 22.79% |
| 2026-02-20 | 22.78% |
| 2026-02-19 | 22.79% |
| 2026-02-18 | 22.81% |
| 2026-02-17 | 22.79% |
| 2026-02-13 | 22.79% |
| 2026-02-12 | 22.79% |
| 2026-02-11 | 22.81% |
| 2026-02-10 | 22.79% |
| 2026-02-09 | 22.80% |
| 2026-02-06 | 22.80% |
| 2026-02-05 | 22.79% |
| 2026-02-04 | 22.81% |
| 2026-02-03 | 22.78% |
| 2026-02-02 | 22.78% |
| 2026-01-30 | 22.78% |
| 2026-01-29 | 22.78% |
| 2026-01-28 | 22.80% |
| 2026-01-27 | 22.80% |
| 2026-01-26 | 22.80% |
| 2026-01-23 | 22.80% |
| 2026-01-22 | 22.81% |
| 2026-01-21 | 22.79% |
| 2026-01-20 | 22.79% |
| 2026-01-16 | 22.81% |
| 2026-01-15 | 22.81% |
| 2026-01-14 | 22.80% |
| 2026-01-13 | 22.80% |
| 2026-01-12 | 22.79% |
| 2026-01-09 | 22.80% |
| 2026-01-08 | 22.80% |
| 2026-01-07 | 22.78% |
| 2026-01-06 | 22.80% |
| 2026-01-05 | 22.79% |
| 2026-01-02 | 22.79% |
| 2025-12-31 | 22.79% |
| 2025-12-30 | 22.81% |
| 2025-12-29 | 22.79% |
| 2025-12-26 | 22.81% |
| 2025-12-24 | 22.80% |
| 2025-12-23 | 22.79% |
| 2025-12-22 | 22.80% |
| 2025-12-19 | 22.81% |
| 2025-12-18 | 22.81% |
| 2025-12-17 | 22.81% |
| 2025-12-16 | 22.81% |
| 2025-12-15 | 22.80% |
| 2025-12-12 | 22.80% |
| 2025-12-11 | 22.81% |
| 2025-12-10 | 22.79% |
| 2025-12-09 | 22.80% |
| 2025-12-08 | 22.78% |
| 2025-12-05 | 22.81% |
| 2025-12-04 | 28.22% |
| 2025-12-03 | 22.53% |
| 2025-12-02 | 22.55% |
| 2025-12-01 | 22.55% |
| 2025-11-28 | 22.52% |
| 2025-11-26 | 22.52% |
| 2025-11-25 | 22.54% |
| 2025-11-24 | 22.52% |
| 2025-11-21 | 22.53% |
| 2025-11-20 | 22.54% |
| 2025-11-19 | 22.55% |
| 2025-11-18 | 22.53% |
| 2025-11-17 | 22.53% |
| 2025-11-14 | 22.54% |
| 2025-11-13 | 22.54% |
| 2025-11-12 | 22.55% |
| 2025-11-11 | 22.54% |
| 2025-11-10 | 22.55% |
| 2025-11-07 | 22.55% |
| 2025-11-06 | 22.55% |
| 2025-11-05 | 22.53% |
| 2025-11-04 | 29.49% |
| 2025-11-03 | 29.49% |
| 2025-10-31 | 29.51% |
| 2025-10-30 | 29.48% |
| 2025-10-29 | 29.49% |
| 2025-10-28 | 29.49% |
| 2025-10-27 | 29.49% |
| 2025-10-24 | 29.48% |
| 2025-10-23 | 29.49% |
| 2025-10-22 | 29.49% |
| 2025-10-21 | 29.48% |
| 2025-10-20 | 29.50% |
| 2025-10-17 | 29.49% |
| 2025-10-16 | 29.50% |
| 2025-10-15 | 29.50% |
| 2025-10-14 | 29.48% |
| 2025-10-13 | 29.51% |
| 2025-10-10 | 29.50% |
| 2025-10-09 | 29.50% |
| 2025-10-08 | 29.48% |
| 2025-10-07 | 29.48% |
| 2025-10-06 | 29.49% |
| 2025-10-03 | 29.50% |
| 2025-10-02 | 29.48% |
| 2025-10-01 | 29.48% |
| 2025-09-30 | 29.50% |
| 2025-09-29 | 29.48% |
| 2025-09-26 | 29.48% |
| 2025-09-25 | 29.48% |
| 2025-09-24 | 29.49% |
| 2025-09-23 | 29.50% |
| 2025-09-22 | 29.49% |
| 2025-09-19 | 29.49% |
| 2025-09-18 | 29.49% |
| 2025-09-17 | 29.49% |
| 2025-09-16 | 29.48% |
| 2025-09-15 | 29.49% |
| 2025-09-12 | 29.50% |
| 2025-09-11 | 29.50% |
| 2025-09-10 | 29.50% |
| 2025-09-09 | 29.49% |
| 2025-09-08 | 29.48% |
| 2025-09-05 | 22.03% |
| 2025-09-04 | 29.16% |
| 2025-09-03 | 29.15% |
| 2025-09-02 | 29.15% |
| 2025-08-29 | 29.15% |
| 2025-08-28 | 29.16% |
| 2025-08-27 | 29.15% |
| 2025-08-26 | 29.16% |
| 2025-08-25 | 29.15% |
| 2025-08-22 | 29.14% |
| 2025-08-21 | 29.14% |
| 2025-08-20 | 29.15% |
| 2025-08-19 | 29.16% |
| 2025-08-18 | 29.15% |
| 2025-08-15 | 29.16% |
| 2025-08-14 | 29.15% |
| 2025-08-13 | 29.16% |
| 2025-08-12 | 29.14% |
| 2025-08-11 | 29.16% |
| 2025-08-08 | 29.15% |
| 2025-08-07 | 29.16% |
| 2025-08-06 | 29.14% |
| 2025-08-05 | 74.14% |
| 2025-08-04 | 74.14% |
| 2025-08-01 | 74.14% |
| 2025-07-31 | 74.13% |
| 2025-07-30 | 74.13% |
| 2025-07-29 | 74.13% |
| 2025-07-28 | 74.13% |
| 2025-07-25 | 74.14% |
| 2025-07-24 | 74.13% |
| 2025-07-23 | 74.13% |
| 2025-07-22 | 74.14% |
| 2025-07-21 | 74.14% |
| 2025-07-18 | 74.13% |
Showing the most recent 260 of 2,105 data points. The chart above shows the full history.
| 11.4% |
| 2019 | ($2.69) | $0.17 | N/A (Loss) |
| 2018 | $1.22 | $0.10 | 8.2% |
| 2017 | ($0.31) | $0.60 | N/A (Loss) |
| 2016 | $0.85 | $1.10 | 129.4% |
| 2015 | $2.79 | $1.08 | 38.5% |
| 2014 | $2.69 | $1.00 | 37.2% |
| 2013 | $4.44 | $1.00 | 22.5% |
| 2013 | $1.37 | $1.00 | 73.0% |
| 2012 | $4.54 | $0.68 | 14.9% |
| 2011 | $5.64 | $0.20 | 3.5% |
| 2010 | $1.86 | $0.20 | 10.8% |
| 2009 | $5.29 | $0.25 | 4.7% |
| 2008 | $4.70 | $0.10 | 2.1% |
| 2007 | $0.97 | $0.00 | 0.0% |
| 2006 | ($0.32) | $0.00 | N/A (Loss) |
| 2005 | $0.51 | $0.00 | 0.0% |
| 2003 | ($1.18) | $0.06 | N/A (Loss) |
| 2002 | ($0.96) | $0.08 | N/A (Loss) |
| 2001 | ($0.58) | $0.06 | N/A (Loss) |
| 2000 | ($3.02) | $0.32 | N/A (Loss) |
| 1999 | ($6.75) | $0.32 | N/A (Loss) |
| 1998 | ($0.08) | $0.32 | N/A (Loss) |
| 1997 | $2.03 | $0.32 | 15.8% |
| 1997 | $0.67 | $0.32 | 47.8% |
