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 84.06% is 14% above its 5-year average of 73.60%, near the low end of its 5-year range (47.39%–179.10%).
As of Thursday, August 27, 2026. 11.09% below its 12-month average of 94.54%.
Dividend Payout Ratio (84.06%) = TTM Dividends/Share ($3.48) / TTM EPS ($4.14)
DIVIDEND PAYOUT RATIO
84.06%
DIVIDEND PAYOUT RATIO AVG TTM
94.54%
DIVIDEND PAYOUT RATIO AVG 3Y
81.01%
DIVIDEND PAYOUT RATIO AVG 5Y
73.60%
DIVIDEND PAYOUT RATIO AVG 10Y
72.34%
DIVIDEND PAYOUT RATIO AVG 15Y
55.74%
DIVIDEND PAYOUT RATIO AVG 20Y
46.52%
CURRENT VS TTM AVG
-11.09%
CURRENT VS 3Y AVG
+3.75%
CURRENT VS 5Y AVG
+14.20%
CURRENT VS 10Y AVG
+16.19%
CURRENT VS 15Y AVG
+50.81%
CURRENT VS 20Y AVG
+80.70%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.57 | $3.42 | 95.8% |
| 2024 | $4.60 | $3.34 | 72.6% |
| 2023 | $6.14 | $3.20 | 52.1% |
| 2022 | $6.09 | $3.04 | 49.9% |
| 2021 | $3.89 | $3.00 | 77.1% |
| 2020 | $4.53 | $11.50 |
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 |
|---|---|
| 2026-08-27 | 84.06% |
| 2026-08-26 | 84.06% |
| 2026-08-25 | 84.05% |
| 2026-08-24 | 84.07% |
| 2026-08-21 | 84.06% |
| 2026-08-20 | 84.06% |
| 2026-08-19 | 84.07% |
| 2026-08-18 | 84.05% |
| 2026-08-17 | 84.07% |
| 2026-08-14 | 84.06% |
| 2026-08-13 | 84.07% |
| 2026-08-12 | 84.06% |
| 2026-08-11 | 84.06% |
| 2026-08-10 | 84.05% |
| 2026-08-07 | 84.06% |
| 2026-08-06 | 84.06% |
| 2026-08-05 | 84.06% |
| 2026-08-04 | 84.05% |
| 2026-08-03 | 84.05% |
| 2026-07-31 | 84.07% |
| 2026-07-30 | 84.06% |
| 2026-07-29 | 84.06% |
| 2026-07-28 | 84.06% |
| 2026-07-27 | 84.06% |
| 2026-07-24 | 84.06% |
| 2026-07-23 | 84.05% |
| 2026-07-22 | 84.05% |
| 2026-07-21 | 84.06% |
| 2026-07-20 | 84.05% |
| 2026-07-17 | 84.06% |
| 2026-07-16 | 84.07% |
| 2026-07-15 | 84.06% |
| 2026-07-14 | 84.06% |
| 2026-07-13 | 84.06% |
| 2026-07-10 | 84.04% |
| 2026-07-09 | 84.04% |
| 2026-07-08 | 104.58% |
| 2026-07-07 | 83.57% |
| 2026-07-06 | 83.57% |
| 2026-07-02 | 83.58% |
| 2026-07-01 | 83.57% |
| 2026-06-30 | 93.02% |
| 2026-06-29 | 93.00% |
| 2026-06-26 | 93.01% |
| 2026-06-25 | 93.01% |
| 2026-06-24 | 93.01% |
| 2026-06-23 | 93.00% |
| 2026-06-22 | 93.01% |
| 2026-06-18 | 93.02% |
| 2026-06-17 | 93.00% |
| 2026-06-16 | 93.02% |
| 2026-06-15 | 93.00% |
| 2026-06-12 | 93.02% |
| 2026-06-11 | 93.02% |
| 2026-06-10 | 93.02% |
| 2026-06-09 | 93.01% |
| 2026-06-08 | 93.00% |
| 2026-06-05 | 93.01% |
| 2026-06-04 | 93.02% |
| 2026-06-03 | 93.02% |
| 2026-06-02 | 93.01% |
| 2026-06-01 | 93.03% |
| 2026-05-29 | 93.02% |
| 2026-05-28 | 93.01% |
| 2026-05-27 | 93.03% |
| 2026-05-26 | 93.00% |
| 2026-05-22 | 93.01% |
| 2026-05-21 | 93.01% |
| 2026-05-20 | 93.01% |
| 2026-05-19 | 93.02% |
| 2026-05-18 | 93.00% |
| 2026-05-15 | 93.00% |
| 2026-05-14 | 93.03% |
| 2026-05-13 | 93.01% |
| 2026-05-12 | 93.00% |
| 2026-05-11 | 93.01% |
| 2026-05-08 | 93.00% |
| 2026-05-07 | 93.01% |
| 2026-05-06 | 93.02% |
| 2026-05-05 | 93.01% |
| 2026-05-04 | 93.00% |
| 2026-05-01 | 93.02% |
| 2026-04-30 | 93.00% |
| 2026-04-29 | 93.00% |
| 2026-04-28 | 93.02% |
| 2026-04-27 | 93.00% |
| 2026-04-24 | 93.02% |
| 2026-04-23 | 93.01% |
| 2026-04-22 | 93.02% |
| 2026-04-21 | 93.02% |
| 2026-04-20 | 93.01% |
| 2026-04-17 | 93.03% |
| 2026-04-16 | 92.99% |
| 2026-04-15 | 93.01% |
| 2026-04-14 | 93.02% |
| 2026-04-13 | 93.02% |
| 2026-04-10 | 93.02% |
| 2026-04-09 | 93.01% |
| 2026-04-08 | 115.84% |
| 2026-04-07 | 92.46% |
| 2026-04-06 | 92.48% |
| 2026-04-02 | 92.47% |
| 2026-04-01 | 92.47% |
| 2026-03-31 | 93.99% |
| 2026-03-30 | 93.98% |
| 2026-03-27 | 93.98% |
| 2026-03-26 | 94.00% |
| 2026-03-25 | 93.99% |
| 2026-03-24 | 93.98% |
| 2026-03-23 | 93.99% |
| 2026-03-20 | 93.99% |
| 2026-03-19 | 94.00% |
| 2026-03-18 | 94.00% |
| 2026-03-17 | 94.00% |
| 2026-03-16 | 94.00% |
| 2026-03-13 | 94.00% |
| 2026-03-12 | 93.98% |
| 2026-03-11 | 94.00% |
| 2026-03-10 | 94.00% |
| 2026-03-09 | 93.98% |
| 2026-03-06 | 94.01% |
| 2026-03-05 | 94.01% |
| 2026-03-04 | 93.99% |
| 2026-03-03 | 93.98% |
| 2026-03-02 | 93.97% |
| 2026-02-27 | 93.99% |
| 2026-02-26 | 93.97% |
| 2026-02-25 | 93.99% |
| 2026-02-24 | 94.01% |
| 2026-02-23 | 93.99% |
| 2026-02-20 | 93.97% |
| 2026-02-19 | 94.00% |
| 2026-02-18 | 94.00% |
| 2026-02-17 | 94.00% |
| 2026-02-13 | 93.97% |
| 2026-02-12 | 94.00% |
| 2026-02-11 | 94.00% |
| 2026-02-10 | 93.99% |
| 2026-02-09 | 93.98% |
| 2026-02-06 | 93.99% |
| 2026-02-05 | 93.98% |
| 2026-02-04 | 93.97% |
| 2026-02-03 | 93.98% |
| 2026-02-02 | 93.98% |
| 2026-01-30 | 93.97% |
| 2026-01-29 | 93.99% |
| 2026-01-28 | 93.99% |
| 2026-01-27 | 93.99% |
| 2026-01-26 | 93.97% |
| 2026-01-23 | 93.97% |
| 2026-01-22 | 93.99% |
| 2026-01-21 | 93.98% |
| 2026-01-20 | 93.99% |
| 2026-01-16 | 94.00% |
| 2026-01-15 | 93.98% |
| 2026-01-14 | 117.19% |
| 2026-01-13 | 93.44% |
| 2026-01-12 | 93.43% |
| 2026-01-09 | 93.45% |
| 2026-01-08 | 93.45% |
| 2026-01-07 | 93.43% |
| 2026-01-06 | 96.07% |
| 2026-01-05 | 96.07% |
| 2026-01-02 | 96.06% |
| 2025-12-31 | 96.05% |
| 2025-12-30 | 96.06% |
| 2025-12-29 | 96.06% |
| 2025-12-26 | 96.08% |
| 2025-12-24 | 96.08% |
| 2025-12-23 | 96.07% |
| 2025-12-22 | 96.06% |
| 2025-12-19 | 96.05% |
| 2025-12-18 | 96.08% |
| 2025-12-17 | 96.09% |
| 2025-12-16 | 96.07% |
| 2025-12-15 | 96.05% |
| 2025-12-12 | 96.09% |
| 2025-12-11 | 96.08% |
| 2025-12-10 | 96.08% |
| 2025-12-09 | 96.06% |
| 2025-12-08 | 96.05% |
| 2025-12-05 | 96.05% |
| 2025-12-04 | 96.08% |
| 2025-12-03 | 96.05% |
| 2025-12-02 | 96.08% |
| 2025-12-01 | 96.06% |
| 2025-11-28 | 96.07% |
| 2025-11-26 | 96.08% |
| 2025-11-25 | 96.05% |
| 2025-11-24 | 96.09% |
| 2025-11-21 | 96.08% |
| 2025-11-20 | 96.08% |
| 2025-11-19 | 96.07% |
| 2025-11-18 | 96.05% |
| 2025-11-17 | 96.07% |
| 2025-11-14 | 96.08% |
| 2025-11-13 | 96.08% |
| 2025-11-12 | 119.93% |
| 2025-11-11 | 95.52% |
| 2025-11-10 | 95.49% |
| 2025-11-07 | 95.52% |
| 2025-11-06 | 95.50% |
| 2025-11-05 | 95.51% |
| 2025-11-04 | 95.52% |
| 2025-11-03 | 95.52% |
| 2025-10-31 | 95.50% |
| 2025-10-30 | 95.51% |
| 2025-10-29 | 95.49% |
| 2025-10-28 | 95.50% |
| 2025-10-27 | 95.51% |
| 2025-10-24 | 95.51% |
| 2025-10-23 | 95.52% |
| 2025-10-22 | 96.05% |
| 2025-10-21 | 96.06% |
| 2025-10-20 | 96.06% |
| 2025-10-17 | 96.06% |
| 2025-10-16 | 96.03% |
| 2025-10-15 | 96.04% |
| 2025-10-14 | 96.05% |
| 2025-10-13 | 96.03% |
| 2025-10-10 | 96.03% |
| 2025-10-09 | 96.06% |
| 2025-10-08 | 96.04% |
| 2025-10-07 | 96.04% |
| 2025-10-06 | 96.06% |
| 2025-10-03 | 96.06% |
| 2025-10-02 | 96.04% |
| 2025-10-01 | 96.03% |
| 2025-09-30 | 96.05% |
| 2025-09-29 | 96.04% |
| 2025-09-26 | 96.06% |
| 2025-09-25 | 96.05% |
| 2025-09-24 | 96.05% |
| 2025-09-23 | 96.06% |
| 2025-09-22 | 96.03% |
| 2025-09-19 | 96.03% |
| 2025-09-18 | 96.03% |
| 2025-09-17 | 96.03% |
| 2025-09-16 | 96.05% |
| 2025-09-15 | 96.04% |
| 2025-09-12 | 96.06% |
| 2025-09-11 | 96.03% |
| 2025-09-10 | 96.06% |
| 2025-09-09 | 96.03% |
| 2025-09-08 | 96.03% |
| 2025-09-05 | 96.03% |
| 2025-09-04 | 96.06% |
| 2025-09-03 | 96.06% |
| 2025-09-02 | 96.03% |
| 2025-08-29 | 96.05% |
| 2025-08-28 | 96.05% |
| 2025-08-27 | 96.06% |
| 2025-08-26 | 96.06% |
| 2025-08-25 | 96.04% |
| 2025-08-22 | 96.05% |
| 2025-08-21 | 96.04% |
| 2025-08-20 | 96.06% |
| 2025-08-19 | 96.05% |
| 2025-08-18 | 96.03% |
| 2025-08-15 | 96.06% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| 253.9% |
| 2019 | $5.23 | $2.76 | 52.8% |
| 2018 | $5.84 | $2.37 | 40.6% |
| 2017 | $4.08 | $1.83 | 44.9% |
| 2016 | $3.78 | $1.74 | 46.0% |
| 2015 | $3.75 | $1.63 | 43.5% |
| 2014 | $3.78 | $1.32 | 34.9% |
| 2013 | $3.77 | $0.93 | 24.7% |
| 2012 | $4.12 | $1.35 | 32.8% |
| 2011 | $3.45 | $0.91 | 26.4% |
| 2010 | $2.39 | $0.62 | 25.9% |
| 2009 | $2.02 | $0.80 | 39.6% |
| 2008 | $3.08 | $0.76 | 24.7% |
| 2007 | $2.64 | $0.68 | 25.8% |
| 2006 | $2.04 | $0.56 | 27.5% |
| 2005 | $1.65 | $0.46 | 27.9% |
| 2004 | $1.21 | $0.34 | 28.1% |
| 2003 | $0.78 | $0.10 | 12.8% |
| 2002 | $0.53 | $0.00 | 0.0% |
| 2001 | $0.59 | $0.00 | 0.0% |
| 2000 | $0.69 | $0.00 | 0.0% |
| 1999 | $0.73 | $0.00 | 0.0% |
| 1998 | $0.70 | $0.00 | 0.0% |
| 1997 | $0.53 | $0.00 | 0.0% |
| 1996 | $0.48 | $0.00 | 0.0% |
