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 20.84% is 15% below its 5-year average of 24.55%, near the low end of its 5-year range (6.81%–55.83%).
As of Monday, October 5, 2026. 31.87% below its 12-month average of 30.59%.
Dividend Payout Ratio (20.84%) = TTM Dividends/Share ($0.65) / TTM EPS ($3.12)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
20.84%
DIVIDEND PAYOUT RATIO AVG TTM
30.59%
DIVIDEND PAYOUT RATIO AVG 3Y
22.94%
DIVIDEND PAYOUT RATIO AVG 5Y
24.55%
DIVIDEND PAYOUT RATIO AVG 10Y
20.00%
DIVIDEND PAYOUT RATIO AVG 15Y
28.77%
DIVIDEND PAYOUT RATIO AVG 20Y
36.24%
CURRENT VS TTM AVG
-31.87%
CURRENT VS 3Y AVG
-9.14%
CURRENT VS 5Y AVG
-15.11%
CURRENT VS 10Y AVG
+4.20%
CURRENT VS 15Y AVG
-27.57%
CURRENT VS 20Y AVG
-42.49%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $3.35 | $0.95 | 28.4% |
| 2024-12-31 | $3.58 | $0.56 | 15.6% |
| 2023-12-31 | $3.32 | $0.18 | 5.4% |
| 2022-12-31 | $1.61 | $0.42 | 26.1% |
| 2021-12-31 | $0.75 | $0.20 | 27.0% |
| 2020-12-31 | $0.76 |
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 | 20.84% |
| 2026-10-02 | 27.24% |
| 2026-10-01 | 27.24% |
| 2026-09-30 | 27.23% |
| 2026-09-29 | 27.24% |
| 2026-09-28 | 27.26% |
| 2026-09-25 | 27.24% |
| 2026-09-24 | 27.26% |
| 2026-09-23 | 27.26% |
| 2026-09-22 | 27.24% |
| 2026-09-21 | 27.26% |
| 2026-09-18 | 27.25% |
| 2026-09-17 | 27.24% |
| 2026-09-16 | 27.23% |
| 2026-09-15 | 27.23% |
| 2026-09-14 | 27.26% |
| 2026-09-11 | 27.24% |
| 2026-09-10 | 27.25% |
| 2026-09-09 | 27.25% |
| 2026-09-08 | 27.24% |
| 2026-09-04 | 33.66% |
| 2026-09-03 | 33.65% |
| 2026-09-02 | 33.65% |
| 2026-09-01 | 33.66% |
| 2026-08-31 | 33.67% |
| 2026-08-28 | 33.65% |
| 2026-08-27 | 33.65% |
| 2026-08-26 | 33.66% |
| 2026-08-25 | 33.63% |
| 2026-08-24 | 33.65% |
| 2026-08-21 | 33.65% |
| 2026-08-20 | 33.64% |
| 2026-08-19 | 33.67% |
| 2026-08-18 | 33.65% |
| 2026-08-17 | 33.65% |
| 2026-08-14 | 33.64% |
| 2026-08-13 | 33.66% |
| 2026-08-12 | 33.65% |
| 2026-08-11 | 33.67% |
| 2026-08-10 | 33.65% |
| 2026-08-07 | 32.63% |
| 2026-08-06 | 32.62% |
| 2026-08-05 | 32.60% |
| 2026-08-04 | 32.62% |
| 2026-08-03 | 32.61% |
| 2026-07-31 | 32.60% |
| 2026-07-30 | 32.63% |
| 2026-07-29 | 32.61% |
| 2026-07-28 | 32.60% |
| 2026-07-27 | 32.62% |
| 2026-07-24 | 32.61% |
| 2026-07-23 | 32.59% |
| 2026-07-22 | 32.60% |
| 2026-07-21 | 32.60% |
| 2026-07-20 | 32.61% |
| 2026-07-17 | 32.60% |
| 2026-07-16 | 32.60% |
| 2026-07-15 | 32.59% |
| 2026-07-14 | 32.61% |
| 2026-07-13 | 32.60% |
| 2026-07-10 | 32.60% |
| 2026-07-09 | 32.61% |
| 2026-07-08 | 32.59% |
| 2026-07-07 | 32.62% |
| 2026-07-06 | 31.07% |
| 2026-07-02 | 31.04% |
| 2026-07-01 | 31.07% |
| 2026-06-30 | 31.04% |
| 2026-06-29 | 31.04% |
| 2026-06-26 | 31.07% |
| 2026-06-25 | 31.06% |
| 2026-06-24 | 31.07% |
| 2026-06-23 | 31.04% |
| 2026-06-22 | 31.06% |
| 2026-06-18 | 31.04% |
| 2026-06-17 | 31.06% |
| 2026-06-16 | 31.07% |
| 2026-06-15 | 31.08% |
| 2026-06-12 | 31.06% |
| 2026-06-11 | 31.05% |
| 2026-06-10 | 31.06% |
| 2026-06-09 | 31.04% |
| 2026-06-08 | 31.04% |
| 2026-06-05 | 31.04% |
| 2026-06-04 | 31.04% |
| 2026-06-03 | 31.06% |
| 2026-06-02 | 31.04% |
| 2026-06-01 | 31.04% |
| 2026-05-29 | 31.06% |
| 2026-05-28 | 31.04% |
| 2026-05-27 | 31.06% |
| 2026-05-26 | 31.05% |
| 2026-05-22 | 31.05% |
| 2026-05-21 | 31.07% |
| 2026-05-20 | 31.04% |
| 2026-05-19 | 31.07% |
| 2026-05-18 | 31.08% |
| 2026-05-15 | 31.05% |
| 2026-05-14 | 31.05% |
| 2026-05-13 | 31.08% |
| 2026-05-12 | 31.07% |
| 2026-05-11 | 31.07% |
| 2026-05-08 | 30.66% |
| 2026-05-07 | 30.68% |
| 2026-05-06 | 30.69% |
| 2026-05-05 | 30.66% |
| 2026-05-04 | 30.68% |
| 2026-05-01 | 30.68% |
| 2026-04-30 | 30.67% |
| 2026-04-29 | 30.68% |
| 2026-04-28 | 30.69% |
| 2026-04-27 | 30.68% |
| 2026-04-24 | 30.67% |
| 2026-04-23 | 30.69% |
| 2026-04-22 | 30.69% |
| 2026-04-21 | 30.66% |
| 2026-04-20 | 30.69% |
| 2026-04-17 | 30.66% |
| 2026-04-16 | 30.66% |
| 2026-04-15 | 30.69% |
| 2026-04-14 | 30.67% |
| 2026-04-13 | 30.69% |
| 2026-04-10 | 30.66% |
| 2026-04-09 | 30.68% |
| 2026-04-08 | 30.66% |
| 2026-04-07 | 30.68% |
| 2026-04-06 | 36.80% |
| 2026-04-02 | 30.67% |
| 2026-04-01 | 30.69% |
| 2026-03-31 | 30.67% |
| 2026-03-30 | 30.67% |
| 2026-03-27 | 30.66% |
| 2026-03-26 | 30.68% |
| 2026-03-25 | 30.69% |
| 2026-03-24 | 30.70% |
| 2026-03-23 | 30.66% |
| 2026-03-20 | 30.68% |
| 2026-03-19 | 30.67% |
| 2026-03-18 | 30.68% |
| 2026-03-17 | 30.66% |
| 2026-03-16 | 30.67% |
| 2026-03-13 | 31.14% |
| 2026-03-12 | 31.14% |
| 2026-03-11 | 31.16% |
| 2026-03-10 | 31.15% |
| 2026-03-09 | 31.15% |
| 2026-03-06 | 31.17% |
| 2026-03-05 | 31.16% |
| 2026-03-04 | 31.15% |
| 2026-03-03 | 31.14% |
| 2026-03-02 | 31.14% |
| 2026-02-27 | 31.16% |
| 2026-02-26 | 31.16% |
| 2026-02-25 | 31.14% |
| 2026-02-24 | 31.15% |
| 2026-02-23 | 31.16% |
| 2026-02-20 | 31.13% |
| 2026-02-19 | 31.15% |
| 2026-02-18 | 31.16% |
| 2026-02-17 | 31.15% |
| 2026-02-13 | 31.15% |
| 2026-02-12 | 31.17% |
| 2026-02-11 | 31.17% |
| 2026-02-10 | 31.15% |
| 2026-02-09 | 31.15% |
| 2026-02-06 | 31.15% |
| 2026-02-05 | 31.16% |
| 2026-02-04 | 31.14% |
| 2026-02-03 | 31.14% |
| 2026-02-02 | 31.14% |
| 2026-01-30 | 31.14% |
| 2026-01-29 | 31.17% |
| 2026-01-28 | 31.16% |
| 2026-01-27 | 31.14% |
| 2026-01-26 | 31.13% |
| 2026-01-23 | 31.16% |
| 2026-01-22 | 31.14% |
| 2026-01-21 | 31.13% |
| 2026-01-20 | 31.14% |
| 2026-01-16 | 31.14% |
| 2026-01-15 | 31.14% |
| 2026-01-14 | 31.16% |
| 2026-01-13 | 31.14% |
| 2026-01-12 | 31.17% |
| 2026-01-09 | 31.16% |
| 2026-01-08 | 31.16% |
| 2026-01-07 | 31.17% |
| 2026-01-06 | 31.16% |
| 2026-01-05 | 31.14% |
| 2026-01-02 | 29.58% |
| 2025-12-31 | 29.58% |
| 2025-12-30 | 29.58% |
| 2025-12-29 | 29.58% |
| 2025-12-26 | 29.58% |
| 2025-12-24 | 29.60% |
| 2025-12-23 | 29.61% |
| 2025-12-22 | 29.59% |
| 2025-12-19 | 29.61% |
| 2025-12-18 | 29.59% |
| 2025-12-17 | 29.60% |
| 2025-12-16 | 29.61% |
| 2025-12-15 | 29.61% |
| 2025-12-12 | 29.59% |
| 2025-12-11 | 29.60% |
| 2025-12-10 | 29.61% |
| 2025-12-09 | 29.60% |
| 2025-12-08 | 29.60% |
| 2025-12-05 | 29.59% |
| 2025-12-04 | 29.59% |
| 2025-12-03 | 29.60% |
| 2025-12-02 | 29.59% |
| 2025-12-01 | 29.58% |
| 2025-11-28 | 29.59% |
| 2025-11-26 | 29.59% |
| 2025-11-25 | 29.62% |
| 2025-11-24 | 29.61% |
| 2025-11-21 | 29.59% |
| 2025-11-20 | 29.61% |
| 2025-11-19 | 29.58% |
| 2025-11-18 | 29.60% |
| 2025-11-17 | 29.61% |
| 2025-11-14 | 29.59% |
| 2025-11-13 | 29.61% |
| 2025-11-12 | 29.61% |
| 2025-11-11 | 29.61% |
| 2025-11-10 | 29.62% |
| 2025-11-07 | 28.88% |
| 2025-11-06 | 28.88% |
| 2025-11-05 | 28.88% |
| 2025-11-04 | 28.87% |
| 2025-11-03 | 28.86% |
| 2025-10-31 | 28.88% |
| 2025-10-30 | 28.87% |
| 2025-10-29 | 28.88% |
| 2025-10-28 | 28.87% |
| 2025-10-27 | 28.87% |
| 2025-10-24 | 28.86% |
| 2025-10-23 | 28.89% |
| 2025-10-22 | 28.85% |
| 2025-10-21 | 28.87% |
| 2025-10-20 | 28.89% |
| 2025-10-17 | 28.88% |
| 2025-10-16 | 28.87% |
| 2025-10-15 | 28.86% |
| 2025-10-14 | 28.88% |
| 2025-10-13 | 28.88% |
| 2025-10-10 | 28.89% |
| 2025-10-09 | 28.86% |
| 2025-10-08 | 28.87% |
| 2025-10-07 | 28.87% |
| 2025-10-06 | 28.87% |
| 2025-10-03 | 37.99% |
| 2025-10-02 | 31.92% |
| 2025-10-01 | 31.90% |
| 2025-09-30 | 31.90% |
| 2025-09-29 | 31.94% |
| 2025-09-26 | 31.90% |
| 2025-09-25 | 31.89% |
| 2025-09-24 | 31.91% |
| 2025-09-23 | 31.92% |
Showing the most recent 260 of 2,117 data points. The chart above shows the full history.
| $0.11 |
| 14.7% |
| 2019-12-31 | $1.08 | $0.09 | 8.3% |
| 2018-12-31 | $1.09 | $0.09 | 8.2% |
| 2017-12-31 | $0.67 | $0.09 | 13.4% |
| 2016-12-31 | $0.42 | $0.10 | 24.9% |
| 2015-12-31 | $0.20 | $0.12 | 60.0% |
| 2014-12-31 | $0.14 | $0.12 | 85.7% |
| 2013-12-31 | $0.09 | $0.08 | 91.5% |
| 2012-12-31 | ($0.20) | $0.09 | N/A (Loss) |
| 2011-12-31 | $0.19 | $0.09 | 47.1% |
| 2010-12-31 | $0.15 | $0.09 | 59.7% |
| 2009-12-31 | ($0.20) | $0.09 | N/A (Loss) |
| 2008-12-31 | $0.16 | $0.09 | 56.0% |
| 2007-12-31 | $0.95 | $0.02 | 2.4% |
