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 57.31% is 17% below its 5-year average of 68.93%, near the low end of its 5-year range (46.71%–98.17%).
As of Friday, October 2, 2026. 5.80% below its 12-month average of 60.84%.
Dividend Payout Ratio (57.31%) = TTM Dividends/Share ($4.00) / TTM EPS ($6.98)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-02.
DIVIDEND PAYOUT RATIO
57.31%
DIVIDEND PAYOUT RATIO AVG TTM
60.84%
DIVIDEND PAYOUT RATIO AVG 3Y
61.45%
DIVIDEND PAYOUT RATIO AVG 5Y
68.93%
DIVIDEND PAYOUT RATIO AVG 10Y
57.93%
DIVIDEND PAYOUT RATIO AVG 15Y
53.44%
DIVIDEND PAYOUT RATIO AVG 20Y
53.95%
CURRENT VS TTM AVG
-5.80%
CURRENT VS 3Y AVG
-6.74%
CURRENT VS 5Y AVG
-16.86%
CURRENT VS 10Y AVG
-1.07%
CURRENT VS 15Y AVG
+7.23%
CURRENT VS 20Y AVG
+6.22%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-06-30 | $6.98 | $3.95 | 56.6% |
| 2025-06-30 | $6.08 | $3.75 | 61.7% |
| 2024-06-30 | $5.77 | $3.55 | 61.5% |
| 2023-06-30 | $4.04 | $3.35 | 82.9% |
| 2022-06-30 | $3.26 | $3.15 | 96.6% |
| 2021-06-30 | $5.17 |
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 | 57.31% |
| 2026-10-01 | 57.30% |
| 2026-09-30 | 57.30% |
| 2026-09-29 | 57.30% |
| 2026-09-28 | 57.29% |
| 2026-09-25 | 57.29% |
| 2026-09-24 | 57.31% |
| 2026-09-23 | 57.31% |
| 2026-09-22 | 57.32% |
| 2026-09-21 | 57.29% |
| 2026-09-18 | 57.33% |
| 2026-09-17 | 57.32% |
| 2026-09-16 | 57.30% |
| 2026-09-15 | 57.31% |
| 2026-09-14 | 57.31% |
| 2026-09-11 | 57.32% |
| 2026-09-10 | 57.32% |
| 2026-09-09 | 57.31% |
| 2026-09-08 | 57.29% |
| 2026-09-04 | 56.59% |
| 2026-09-03 | 56.57% |
| 2026-09-02 | 56.61% |
| 2026-09-01 | 56.58% |
| 2026-08-31 | 56.59% |
| 2026-08-28 | 56.58% |
| 2026-08-27 | 56.58% |
| 2026-08-26 | 56.58% |
| 2026-08-25 | 61.80% |
| 2026-08-24 | 61.83% |
| 2026-08-21 | 61.82% |
| 2026-08-20 | 61.83% |
| 2026-08-19 | 61.82% |
| 2026-08-18 | 61.82% |
| 2026-08-17 | 61.82% |
| 2026-08-14 | 61.81% |
| 2026-08-13 | 61.83% |
| 2026-08-12 | 61.82% |
| 2026-08-11 | 61.82% |
| 2026-08-10 | 61.83% |
| 2026-08-07 | 61.82% |
| 2026-08-06 | 61.82% |
| 2026-08-05 | 61.81% |
| 2026-08-04 | 61.81% |
| 2026-08-03 | 61.81% |
| 2026-07-31 | 61.80% |
| 2026-07-30 | 61.81% |
| 2026-07-29 | 61.82% |
| 2026-07-28 | 61.80% |
| 2026-07-27 | 61.82% |
| 2026-07-24 | 61.80% |
| 2026-07-23 | 61.80% |
| 2026-07-22 | 61.81% |
| 2026-07-21 | 61.83% |
| 2026-07-20 | 61.82% |
| 2026-07-17 | 61.83% |
| 2026-07-16 | 61.81% |
| 2026-07-15 | 61.83% |
| 2026-07-14 | 61.82% |
| 2026-07-13 | 61.82% |
| 2026-07-10 | 61.83% |
| 2026-07-09 | 61.81% |
| 2026-07-08 | 61.81% |
| 2026-07-07 | 61.82% |
| 2026-07-06 | 61.82% |
| 2026-07-02 | 61.81% |
| 2026-07-01 | 61.83% |
| 2026-06-30 | 61.83% |
| 2026-06-29 | 61.82% |
| 2026-06-26 | 61.81% |
| 2026-06-25 | 61.81% |
| 2026-06-24 | 61.83% |
| 2026-06-23 | 61.83% |
| 2026-06-22 | 61.82% |
| 2026-06-18 | 61.80% |
| 2026-06-17 | 61.81% |
| 2026-06-16 | 61.83% |
| 2026-06-15 | 61.82% |
| 2026-06-12 | 61.83% |
| 2026-06-11 | 61.82% |
| 2026-06-10 | 61.80% |
| 2026-06-09 | 61.83% |
| 2026-06-08 | 61.81% |
| 2026-06-05 | 76.68% |
| 2026-06-04 | 61.03% |
| 2026-06-03 | 61.05% |
| 2026-06-02 | 61.03% |
| 2026-06-01 | 61.02% |
| 2026-05-29 | 61.04% |
| 2026-05-28 | 61.02% |
| 2026-05-27 | 61.05% |
| 2026-05-26 | 61.02% |
| 2026-05-22 | 61.04% |
| 2026-05-21 | 61.04% |
| 2026-05-20 | 61.04% |
| 2026-05-19 | 61.02% |
| 2026-05-18 | 61.03% |
| 2026-05-15 | 61.03% |
| 2026-05-14 | 61.03% |
| 2026-05-13 | 61.03% |
| 2026-05-12 | 61.03% |
| 2026-05-11 | 61.02% |
| 2026-05-08 | 61.03% |
| 2026-05-07 | 61.02% |
| 2026-05-06 | 61.04% |
| 2026-05-05 | 61.04% |
| 2026-05-04 | 59.73% |
| 2026-05-01 | 59.73% |
| 2026-04-30 | 59.72% |
| 2026-04-29 | 59.73% |
| 2026-04-28 | 59.74% |
| 2026-04-27 | 59.72% |
| 2026-04-24 | 59.72% |
| 2026-04-23 | 59.72% |
| 2026-04-22 | 59.71% |
| 2026-04-21 | 59.73% |
| 2026-04-20 | 59.74% |
| 2026-04-17 | 59.71% |
| 2026-04-16 | 59.73% |
| 2026-04-15 | 59.73% |
| 2026-04-14 | 59.72% |
| 2026-04-13 | 59.72% |
| 2026-04-10 | 59.74% |
| 2026-04-09 | 59.73% |
| 2026-04-08 | 59.72% |
| 2026-04-07 | 59.72% |
| 2026-04-06 | 59.71% |
| 2026-04-02 | 59.72% |
| 2026-04-01 | 59.73% |
| 2026-03-31 | 59.71% |
| 2026-03-30 | 59.74% |
| 2026-03-27 | 59.72% |
| 2026-03-26 | 59.72% |
| 2026-03-25 | 59.73% |
| 2026-03-24 | 59.72% |
| 2026-03-23 | 59.73% |
| 2026-03-20 | 59.71% |
| 2026-03-19 | 59.73% |
| 2026-03-18 | 59.71% |
| 2026-03-17 | 59.73% |
| 2026-03-16 | 59.72% |
| 2026-03-13 | 59.72% |
| 2026-03-12 | 59.73% |
| 2026-03-11 | 59.73% |
| 2026-03-10 | 59.73% |
| 2026-03-09 | 59.72% |
| 2026-03-06 | 74.27% |
| 2026-03-05 | 58.96% |
| 2026-03-04 | 58.97% |
| 2026-03-03 | 58.96% |
| 2026-03-02 | 58.95% |
| 2026-02-27 | 58.97% |
| 2026-02-26 | 58.96% |
| 2026-02-25 | 58.97% |
| 2026-02-24 | 58.95% |
| 2026-02-23 | 58.96% |
| 2026-02-20 | 58.95% |
| 2026-02-19 | 58.96% |
| 2026-02-18 | 58.96% |
| 2026-02-17 | 58.95% |
| 2026-02-13 | 58.95% |
| 2026-02-12 | 58.97% |
| 2026-02-11 | 58.97% |
| 2026-02-10 | 58.95% |
| 2026-02-09 | 58.95% |
| 2026-02-06 | 58.97% |
| 2026-02-05 | 58.96% |
| 2026-02-04 | 58.95% |
| 2026-02-03 | 62.50% |
| 2026-02-02 | 62.50% |
| 2026-01-30 | 62.49% |
| 2026-01-29 | 62.49% |
| 2026-01-28 | 62.49% |
| 2026-01-27 | 62.49% |
| 2026-01-26 | 62.51% |
| 2026-01-23 | 62.49% |
| 2026-01-22 | 62.49% |
| 2026-01-21 | 62.49% |
| 2026-01-20 | 62.51% |
| 2026-01-16 | 62.51% |
| 2026-01-15 | 62.49% |
| 2026-01-14 | 62.51% |
| 2026-01-13 | 62.51% |
| 2026-01-12 | 62.50% |
| 2026-01-09 | 62.49% |
| 2026-01-08 | 62.49% |
| 2026-01-07 | 62.51% |
| 2026-01-06 | 62.50% |
| 2026-01-05 | 62.51% |
| 2026-01-02 | 62.49% |
| 2025-12-31 | 62.50% |
| 2025-12-30 | 62.50% |
| 2025-12-29 | 62.49% |
| 2025-12-26 | 62.49% |
| 2025-12-24 | 62.51% |
| 2025-12-23 | 62.49% |
| 2025-12-22 | 62.51% |
| 2025-12-19 | 62.51% |
| 2025-12-18 | 62.50% |
| 2025-12-17 | 62.51% |
| 2025-12-16 | 62.50% |
| 2025-12-15 | 62.50% |
| 2025-12-12 | 62.50% |
| 2025-12-11 | 62.51% |
| 2025-12-10 | 62.50% |
| 2025-12-09 | 62.51% |
| 2025-12-08 | 62.50% |
| 2025-12-05 | 62.51% |
| 2025-12-04 | 61.69% |
| 2025-12-03 | 61.69% |
| 2025-12-02 | 61.68% |
| 2025-12-01 | 61.69% |
| 2025-11-28 | 61.69% |
| 2025-11-26 | 61.68% |
| 2025-11-25 | 61.70% |
| 2025-11-24 | 61.70% |
| 2025-11-21 | 61.69% |
| 2025-11-20 | 61.69% |
| 2025-11-19 | 61.68% |
| 2025-11-18 | 61.68% |
| 2025-11-17 | 61.68% |
| 2025-11-14 | 61.68% |
| 2025-11-13 | 61.69% |
| 2025-11-12 | 61.68% |
| 2025-11-11 | 61.70% |
| 2025-11-10 | 61.68% |
| 2025-11-07 | 61.70% |
| 2025-11-06 | 61.68% |
| 2025-11-05 | 61.69% |
| 2025-11-04 | 62.60% |
| 2025-11-03 | 62.60% |
| 2025-10-31 | 62.60% |
| 2025-10-30 | 62.60% |
| 2025-10-29 | 62.61% |
| 2025-10-28 | 62.60% |
| 2025-10-27 | 62.60% |
| 2025-10-24 | 62.61% |
| 2025-10-23 | 62.60% |
| 2025-10-22 | 62.60% |
| 2025-10-21 | 62.59% |
| 2025-10-20 | 62.60% |
| 2025-10-17 | 62.60% |
| 2025-10-16 | 62.61% |
| 2025-10-15 | 62.61% |
| 2025-10-14 | 62.60% |
| 2025-10-13 | 62.61% |
| 2025-10-10 | 62.60% |
| 2025-10-09 | 62.61% |
| 2025-10-08 | 62.61% |
| 2025-10-07 | 62.60% |
| 2025-10-06 | 62.60% |
| 2025-10-03 | 62.60% |
| 2025-10-02 | 62.60% |
| 2025-10-01 | 62.61% |
| 2025-09-30 | 62.61% |
| 2025-09-29 | 62.61% |
| 2025-09-26 | 62.61% |
| 2025-09-25 | 62.61% |
| 2025-09-24 | 62.60% |
| 2025-09-23 | 62.60% |
| 2025-09-22 | 62.60% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| $2.95 |
| 57.1% |
| 2020-06-30 | $4.98 | $2.75 | 55.2% |
| 2019-06-30 | $5.49 | $2.55 | 46.4% |
| 2018-06-30 | $4.94 | $2.35 | 47.6% |
| 2017-06-30 | $4.21 | $2.15 | 51.1% |
| 2016-06-30 | $4.45 | $1.46 | 32.8% |
| 2015-06-30 | $3.72 | $1.82 | 48.9% |
| 2014-06-30 | $2.75 | $1.72 | 62.5% |
| 2013-06-30 | $4.00 | $1.14 | 28.5% |
| 2012-06-30 | $3.51 | $1.41 | 40.2% |
| 2011-06-30 | $3.84 | $1.29 | 33.6% |
| 2010-06-30 | $4.08 | $1.19 | 29.0% |
| 2009-06-30 | $3.18 | $1.13 | 35.7% |
| 2008-06-30 | $1.28 | $1.11 | 86.7% |
| 2007-06-30 | $1.45 | $1.07 | 73.8% |
| 2006-06-30 | $2.48 | $0.77 | 31.0% |
| 2005-06-30 | $2.72 | $0.98 | 36.0% |
| 2004-06-30 | $2.26 | $0.89 | 39.4% |
| 2003-06-30 | $3.15 | $0.78 | 24.8% |
| 2002-06-30 | $2.49 | $0.71 | 28.5% |
| 2001-06-30 | $2.37 | $0.67 | 28.3% |
| 2000-06-30 | $2.51 | $0.63 | 25.1% |
| 1999-06-30 | $2.28 | $0.59 | 25.9% |
| 1998-06-30 | $2.22 | $0.54 | 24.3% |
| 1997-06-30 | $2.01 | $0.48 | 23.9% |
