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 55.38% is in line with its 5-year average of 55.68%, around the middle of its 5-year range (42.39%–72.46%).
As of Monday, October 5, 2026. 4.36% below its 12-month average of 57.90%.
Dividend Payout Ratio (55.38%) = TTM Dividends/Share ($1.44) / TTM EPS ($2.60)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
55.38%
DIVIDEND PAYOUT RATIO AVG TTM
57.90%
DIVIDEND PAYOUT RATIO AVG 3Y
60.82%
DIVIDEND PAYOUT RATIO AVG 5Y
55.68%
DIVIDEND PAYOUT RATIO AVG 10Y
55.02%
DIVIDEND PAYOUT RATIO AVG 15Y
61.76%
DIVIDEND PAYOUT RATIO AVG 20Y
67.13%
CURRENT VS TTM AVG
-4.36%
CURRENT VS 3Y AVG
-8.94%
CURRENT VS 5Y AVG
-0.53%
CURRENT VS 10Y AVG
+0.66%
CURRENT VS 15Y AVG
-10.33%
CURRENT VS 20Y AVG
-17.51%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $2.36 | $1.38 | 58.5% |
| 2024-12-31 | $2.48 | $1.32 | 53.0% |
| 2023-12-31 | $1.77 | $1.26 | 71.3% |
| 2022-12-31 | $2.40 | $1.18 | 49.3% |
| 2021-12-31 | $2.08 | $1.11 | 53.2% |
| 2020-12-31 | $2.19 |
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 |
|---|---|
| 2026-10-05 | 55.38% |
| 2026-10-02 | 55.38% |
| 2026-10-01 | 55.40% |
| 2026-09-30 | 55.38% |
| 2026-09-29 | 55.38% |
| 2026-09-28 | 55.38% |
| 2026-09-25 | 55.40% |
| 2026-09-24 | 55.38% |
| 2026-09-23 | 55.37% |
| 2026-09-22 | 55.38% |
| 2026-09-21 | 55.38% |
| 2026-09-18 | 55.39% |
| 2026-09-17 | 55.39% |
| 2026-09-16 | 55.39% |
| 2026-09-15 | 55.38% |
| 2026-09-14 | 55.38% |
| 2026-09-11 | 55.37% |
| 2026-09-10 | 55.38% |
| 2026-09-09 | 55.39% |
| 2026-09-08 | 55.37% |
| 2026-09-04 | 55.39% |
| 2026-09-03 | 55.38% |
| 2026-09-02 | 55.38% |
| 2026-09-01 | 55.40% |
| 2026-08-31 | 55.39% |
| 2026-08-28 | 55.39% |
| 2026-08-27 | 55.38% |
| 2026-08-26 | 55.38% |
| 2026-08-25 | 55.40% |
| 2026-08-24 | 55.38% |
| 2026-08-21 | 55.39% |
| 2026-08-20 | 55.38% |
| 2026-08-19 | 55.40% |
| 2026-08-18 | 55.38% |
| 2026-08-17 | 55.40% |
| 2026-08-14 | 54.62% |
| 2026-08-13 | 54.61% |
| 2026-08-12 | 54.61% |
| 2026-08-11 | 54.63% |
| 2026-08-10 | 54.62% |
| 2026-08-07 | 54.61% |
| 2026-08-06 | 54.63% |
| 2026-08-05 | 54.62% |
| 2026-08-04 | 54.63% |
| 2026-08-03 | 54.63% |
| 2026-07-31 | 54.62% |
| 2026-07-30 | 58.93% |
| 2026-07-29 | 58.93% |
| 2026-07-28 | 58.93% |
| 2026-07-27 | 58.93% |
| 2026-07-24 | 58.93% |
| 2026-07-23 | 58.93% |
| 2026-07-22 | 58.93% |
| 2026-07-21 | 58.92% |
| 2026-07-20 | 58.91% |
| 2026-07-17 | 58.91% |
| 2026-07-16 | 58.91% |
| 2026-07-15 | 58.92% |
| 2026-07-14 | 58.93% |
| 2026-07-13 | 58.93% |
| 2026-07-10 | 58.93% |
| 2026-07-09 | 58.93% |
| 2026-07-08 | 58.93% |
| 2026-07-07 | 58.92% |
| 2026-07-06 | 58.93% |
| 2026-07-02 | 58.92% |
| 2026-07-01 | 58.91% |
| 2026-06-30 | 58.91% |
| 2026-06-29 | 58.92% |
| 2026-06-26 | 58.92% |
| 2026-06-25 | 58.93% |
| 2026-06-24 | 58.91% |
| 2026-06-23 | 58.91% |
| 2026-06-22 | 58.93% |
| 2026-06-18 | 58.92% |
| 2026-06-17 | 58.92% |
| 2026-06-16 | 58.93% |
| 2026-06-15 | 58.92% |
| 2026-06-12 | 58.92% |
| 2026-06-11 | 58.93% |
| 2026-06-10 | 58.92% |
| 2026-06-09 | 58.91% |
| 2026-06-08 | 58.91% |
| 2026-06-05 | 58.93% |
| 2026-06-04 | 58.91% |
| 2026-06-03 | 58.93% |
| 2026-06-02 | 58.92% |
| 2026-06-01 | 58.93% |
| 2026-05-29 | 58.93% |
| 2026-05-28 | 58.92% |
| 2026-05-27 | 58.92% |
| 2026-05-26 | 58.92% |
| 2026-05-22 | 58.91% |
| 2026-05-21 | 58.91% |
| 2026-05-20 | 58.92% |
| 2026-05-19 | 58.92% |
| 2026-05-18 | 58.92% |
| 2026-05-15 | 58.92% |
| 2026-05-14 | 58.08% |
| 2026-05-13 | 58.09% |
| 2026-05-12 | 58.10% |
| 2026-05-11 | 58.10% |
| 2026-05-08 | 58.08% |
| 2026-05-07 | 58.09% |
| 2026-05-06 | 58.08% |
| 2026-05-05 | 58.08% |
| 2026-05-04 | 58.08% |
| 2026-05-01 | 58.08% |
| 2026-04-30 | 59.32% |
| 2026-04-29 | 59.32% |
| 2026-04-28 | 59.31% |
| 2026-04-27 | 59.31% |
| 2026-04-24 | 59.32% |
| 2026-04-23 | 59.32% |
| 2026-04-22 | 59.32% |
| 2026-04-21 | 59.31% |
| 2026-04-20 | 59.31% |
| 2026-04-17 | 59.32% |
| 2026-04-16 | 59.31% |
| 2026-04-15 | 59.33% |
| 2026-04-14 | 59.31% |
| 2026-04-13 | 59.31% |
| 2026-04-10 | 59.33% |
| 2026-04-09 | 59.31% |
| 2026-04-08 | 59.31% |
| 2026-04-07 | 59.32% |
| 2026-04-06 | 59.31% |
| 2026-04-02 | 59.33% |
| 2026-04-01 | 59.33% |
| 2026-03-31 | 59.34% |
| 2026-03-30 | 59.33% |
| 2026-03-27 | 59.32% |
| 2026-03-26 | 59.33% |
| 2026-03-25 | 59.33% |
| 2026-03-24 | 59.32% |
| 2026-03-23 | 59.33% |
| 2026-03-20 | 59.33% |
| 2026-03-19 | 59.32% |
| 2026-03-18 | 59.31% |
| 2026-03-17 | 59.32% |
| 2026-03-16 | 59.33% |
| 2026-03-13 | 59.31% |
| 2026-03-12 | 59.33% |
| 2026-03-11 | 59.33% |
| 2026-03-10 | 59.32% |
| 2026-03-09 | 59.33% |
| 2026-03-06 | 59.33% |
| 2026-03-05 | 59.32% |
| 2026-03-04 | 59.33% |
| 2026-03-03 | 59.32% |
| 2026-03-02 | 59.31% |
| 2026-02-27 | 59.32% |
| 2026-02-26 | 59.32% |
| 2026-02-25 | 59.32% |
| 2026-02-24 | 59.31% |
| 2026-02-23 | 59.32% |
| 2026-02-20 | 59.33% |
| 2025-02-28 | 57.84% |
| 2025-02-26 | 57.82% |
| 2025-02-24 | 57.82% |
| 2025-02-20 | 57.84% |
| 2025-02-18 | 57.83% |
| 2025-02-13 | 43.04% |
| 2025-02-11 | 57.18% |
| 2025-02-07 | 57.17% |
| 2025-02-05 | 57.16% |
| 2025-02-03 | 57.17% |
| 2025-01-30 | 57.16% |
| 2025-01-28 | 57.18% |
| 2025-01-24 | 57.19% |
| 2025-01-22 | 57.16% |
| 2025-01-17 | 57.17% |
| 2025-01-15 | 57.18% |
| 2025-01-13 | 57.16% |
| 2025-01-08 | 57.18% |
| 2025-01-06 | 57.18% |
| 2025-01-02 | 57.18% |
| 2024-12-30 | 57.17% |
| 2024-12-26 | 57.17% |
| 2024-12-23 | 57.17% |
| 2024-12-19 | 57.17% |
| 2024-12-17 | 57.17% |
| 2024-12-13 | 57.16% |
| 2024-12-11 | 57.17% |
| 2024-12-09 | 57.17% |
| 2024-12-05 | 57.17% |
| 2024-12-03 | 57.17% |
| 2024-11-29 | 57.17% |
| 2024-11-26 | 57.18% |
| 2024-11-22 | 57.17% |
| 2024-11-20 | 57.17% |
| 2024-11-18 | 57.18% |
| 2024-11-14 | 42.39% |
| 2024-11-12 | 56.52% |
| 2024-11-08 | 56.53% |
| 2024-11-06 | 56.52% |
| 2024-11-04 | 56.51% |
| 2024-10-31 | 63.10% |
| 2024-10-29 | 63.11% |
| 2024-10-25 | 63.10% |
| 2024-10-23 | 63.10% |
| 2024-10-21 | 63.11% |
| 2024-10-17 | 63.10% |
| 2024-10-15 | 63.11% |
| 2024-10-11 | 63.11% |
| 2024-10-09 | 63.11% |
| 2024-10-07 | 63.10% |
| 2024-10-03 | 63.10% |
| 2024-10-01 | 63.12% |
| 2024-09-27 | 63.10% |
| 2024-09-25 | 63.11% |
| 2024-09-23 | 63.11% |
| 2024-09-19 | 63.11% |
| 2024-09-17 | 63.11% |
| 2024-09-13 | 63.11% |
| 2024-09-11 | 63.12% |
| 2024-09-09 | 63.10% |
| 2024-09-05 | 63.10% |
| 2024-09-03 | 63.11% |
| 2024-08-29 | 63.10% |
| 2024-08-27 | 63.11% |
| 2024-08-23 | 63.11% |
| 2024-08-21 | 63.11% |
| 2024-08-19 | 63.11% |
| 2024-08-15 | 63.10% |
| 2024-08-13 | 47.32% |
| 2024-08-09 | 47.33% |
| 2024-08-07 | 62.49% |
| 2024-08-05 | 62.51% |
| 2024-08-01 | 62.49% |
| 2024-07-30 | 63.73% |
| 2024-07-26 | 63.73% |
| 2024-07-24 | 63.74% |
| 2024-07-22 | 63.73% |
| 2024-07-18 | 63.75% |
| 2024-07-16 | 63.75% |
| 2024-07-12 | 63.74% |
| 2024-07-10 | 63.74% |
| 2024-07-08 | 63.74% |
| 2024-07-03 | 63.74% |
| 2024-07-01 | 63.73% |
| 2024-06-27 | 63.73% |
| 2024-06-25 | 63.73% |
| 2024-06-21 | 63.75% |
| 2024-06-18 | 63.74% |
| 2024-06-14 | 63.73% |
| 2024-06-12 | 63.74% |
| 2024-06-10 | 63.74% |
| 2024-06-06 | 63.73% |
| 2024-06-04 | 63.74% |
| 2024-05-31 | 63.73% |
| 2024-05-29 | 63.75% |
| 2024-05-24 | 63.74% |
| 2024-05-22 | 63.73% |
| 2024-05-20 | 63.74% |
| 2024-05-16 | 63.73% |
| 2024-05-14 | 63.75% |
| 2024-05-10 | 47.64% |
| 2024-05-08 | 72.44% |
| 2024-05-06 | 72.43% |
Showing the most recent 260 of 2,472 data points. The chart above shows the full history.
| $1.04 |
| 47.5% |
| 2019-12-31 | $2.02 | $0.98 | 48.3% |
| 2018-12-31 | $1.98 | $0.91 | 46.0% |
| 2017-12-31 | $1.39 | $0.86 | 61.7% |
| 2016-12-31 | $1.39 | $0.81 | 58.1% |
| 2015-12-31 | $1.23 | $0.78 | 63.1% |
| 2014-12-31 | $1.14 | $0.76 | 66.9% |
| 2013-12-31 | $1.04 | $0.75 | 72.4% |
| 2012-12-31 | $0.90 | $0.74 | 82.5% |
| 2011-12-31 | $0.85 | $0.73 | 86.2% |
| 2010-12-31 | $0.96 | $0.72 | 75.3% |
| 2009-12-31 | $0.73 | $0.71 | 97.6% |
| 2008-12-31 | $0.90 | $0.70 | 78.1% |
| 2007-12-31 | $0.88 | $0.69 | 78.7% |
| 2006-12-31 | $0.83 | $0.68 | 82.2% |
| 2005-12-31 | $0.72 | $0.67 | 93.4% |
| 2004-12-31 | $0.74 | $0.66 | 89.5% |
| 2003-12-31 | $0.61 | $0.61 | 99.6% |
| 2002-12-31 | $0.73 | $0.63 | 86.8% |
| 2001-12-31 | $0.66 | $0.62 | 94.3% |
| 2000-12-31 | $0.51 | $0.61 | 120.1% |
| 1999-12-31 | $0.77 | $0.59 | 77.3% |
| 1998-12-31 | $0.71 | $0.57 | 81.0% |
| 1997-12-31 | $0.67 | $0.56 | 84.0% |
| 1996-12-31 | $0.60 | $0.55 | 92.1% |
