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 17.78% is in line with its 5-year average of 19.03%, around the middle of its 5-year range (5.84%–39.72%).
As of Friday, September 4, 2026. 38.55% below its 12-month average of 28.94%.
Dividend Payout Ratio (17.78%) = TTM Dividends/Share ($2.23) / TTM EPS ($12.54)
DIVIDEND PAYOUT RATIO
17.78%
DIVIDEND PAYOUT RATIO AVG TTM
28.94%
DIVIDEND PAYOUT RATIO AVG 3Y
24.29%
DIVIDEND PAYOUT RATIO AVG 5Y
19.03%
DIVIDEND PAYOUT RATIO AVG 10Y
26.35%
DIVIDEND PAYOUT RATIO AVG 15Y
50.41%
DIVIDEND PAYOUT RATIO AVG 20Y
49.50%
CURRENT VS TTM AVG
-38.55%
CURRENT VS 3Y AVG
-26.77%
CURRENT VS 5Y AVG
-6.57%
CURRENT VS 10Y AVG
-32.51%
CURRENT VS 15Y AVG
-64.72%
CURRENT VS 20Y AVG
-64.08%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $7.53 | $2.21 | 29.3% |
| 2024-12-31 | $8.47 | $2.17 | 25.6% |
| 2023-12-31 | $18.05 | $2.07 | 11.5% |
| 2022-12-30 | $28.88 | $2.01 | 7.0% |
| 2021-12-31 | $23.23 | $1.72 | 7.4% |
| 2020-12-31 | $2.37 |
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 |
|---|---|
| 2026-09-04 | 17.78% |
| 2026-09-03 | 17.78% |
| 2026-09-02 | 17.78% |
| 2026-09-01 | 17.78% |
| 2026-08-31 | 17.79% |
| 2026-08-28 | 17.79% |
| 2026-08-27 | 17.79% |
| 2026-08-26 | 17.78% |
| 2026-08-25 | 17.78% |
| 2026-08-24 | 17.78% |
| 2026-08-21 | 17.78% |
| 2026-08-20 | 17.79% |
| 2026-08-19 | 17.79% |
| 2026-08-18 | 17.78% |
| 2026-08-17 | 17.78% |
| 2026-08-14 | 17.78% |
| 2026-08-13 | 17.78% |
| 2026-08-12 | 17.79% |
| 2026-08-11 | 17.79% |
| 2026-08-10 | 17.78% |
| 2026-08-07 | 17.78% |
| 2026-08-06 | 17.78% |
| 2026-08-05 | 17.78% |
| 2026-08-04 | 17.78% |
| 2026-08-03 | 17.79% |
| 2026-07-31 | 17.79% |
| 2026-07-30 | 17.79% |
| 2026-07-29 | 17.79% |
| 2026-07-28 | 17.78% |
| 2026-07-27 | 17.79% |
| 2026-07-24 | 22.08% |
| 2026-07-23 | 22.08% |
| 2026-07-22 | 22.08% |
| 2026-07-21 | 22.08% |
| 2026-07-20 | 22.08% |
| 2026-07-17 | 22.08% |
| 2026-07-16 | 22.08% |
| 2026-07-15 | 22.08% |
| 2026-07-14 | 22.08% |
| 2026-07-13 | 22.08% |
| 2026-07-10 | 22.08% |
| 2026-07-09 | 22.08% |
| 2026-07-08 | 22.08% |
| 2026-07-07 | 22.08% |
| 2026-07-06 | 22.08% |
| 2026-07-02 | 22.08% |
| 2026-07-01 | 22.08% |
| 2026-06-30 | 22.07% |
| 2026-06-29 | 21.98% |
| 2026-06-26 | 21.98% |
| 2026-06-25 | 21.98% |
| 2026-06-24 | 21.98% |
| 2026-06-23 | 21.98% |
| 2026-06-22 | 21.98% |
| 2026-06-18 | 21.98% |
| 2026-06-17 | 21.98% |
| 2026-06-16 | 21.98% |
| 2026-06-15 | 21.98% |
| 2026-06-12 | 21.98% |
| 2026-06-11 | 21.98% |
| 2026-06-10 | 21.98% |
| 2026-06-09 | 21.98% |
| 2026-06-08 | 21.98% |
| 2026-06-05 | 21.98% |
| 2026-06-04 | 21.98% |
| 2026-06-03 | 21.98% |
| 2026-06-02 | 21.98% |
| 2026-06-01 | 21.98% |
| 2026-05-29 | 21.98% |
| 2026-05-28 | 21.98% |
| 2026-05-27 | 21.98% |
| 2026-05-26 | 21.98% |
| 2026-05-22 | 21.98% |
| 2026-05-21 | 21.98% |
| 2026-05-20 | 21.98% |
| 2026-05-19 | 21.98% |
| 2026-05-18 | 21.98% |
| 2026-05-15 | 21.98% |
| 2026-05-14 | 21.98% |
| 2026-05-13 | 21.98% |
| 2026-05-12 | 29.44% |
| 2026-05-11 | 29.44% |
| 2026-05-08 | 29.44% |
| 2026-05-07 | 29.45% |
| 2026-05-06 | 29.44% |
| 2026-05-05 | 29.44% |
| 2026-05-04 | 29.44% |
| 2026-05-01 | 29.44% |
| 2026-04-30 | 29.44% |
| 2026-04-29 | 29.44% |
| 2026-04-28 | 29.45% |
| 2026-04-27 | 29.44% |
| 2026-04-24 | 29.44% |
| 2026-04-23 | 29.44% |
| 2026-04-22 | 29.45% |
| 2026-04-21 | 29.44% |
| 2026-04-20 | 29.44% |
| 2026-04-17 | 29.45% |
| 2026-04-16 | 29.44% |
| 2026-04-15 | 29.45% |
| 2026-04-14 | 29.44% |
| 2026-04-13 | 29.45% |
| 2026-04-10 | 29.44% |
| 2026-04-09 | 29.44% |
| 2026-04-08 | 29.44% |
| 2026-04-07 | 29.44% |
| 2026-04-06 | 29.44% |
| 2026-04-02 | 29.44% |
| 2026-04-01 | 29.44% |
| 2026-03-31 | 29.45% |
| 2026-03-30 | 29.31% |
| 2026-03-27 | 29.31% |
| 2026-03-26 | 29.31% |
| 2026-03-25 | 29.32% |
| 2026-03-24 | 29.31% |
| 2026-03-23 | 29.31% |
| 2026-03-20 | 29.31% |
| 2026-03-19 | 29.31% |
| 2026-03-18 | 29.30% |
| 2026-03-17 | 29.32% |
| 2026-03-16 | 29.31% |
| 2026-03-13 | 29.31% |
| 2026-03-12 | 29.31% |
| 2026-03-11 | 29.31% |
| 2026-03-10 | 29.31% |
| 2026-03-09 | 29.32% |
| 2026-03-06 | 29.31% |
| 2026-03-05 | 29.30% |
| 2026-03-04 | 29.31% |
| 2026-03-03 | 29.31% |
| 2026-03-02 | 29.31% |
| 2026-02-27 | 29.31% |
| 2026-02-26 | 29.31% |
| 2026-02-25 | 29.31% |
| 2026-02-24 | 31.04% |
| 2026-02-23 | 31.04% |
| 2026-02-20 | 31.04% |
| 2026-02-19 | 31.04% |
| 2026-02-18 | 31.04% |
| 2026-02-17 | 31.04% |
| 2026-02-13 | 31.03% |
| 2026-02-12 | 31.04% |
| 2026-02-11 | 31.04% |
| 2026-02-10 | 31.03% |
| 2026-02-09 | 31.04% |
| 2026-02-06 | 31.03% |
| 2026-02-05 | 31.03% |
| 2026-02-04 | 31.04% |
| 2026-02-03 | 31.03% |
| 2026-02-02 | 31.04% |
| 2026-01-30 | 31.04% |
| 2026-01-29 | 31.04% |
| 2026-01-28 | 31.04% |
| 2026-01-27 | 31.04% |
| 2026-01-26 | 31.04% |
| 2026-01-23 | 31.04% |
| 2026-01-22 | 31.04% |
| 2026-01-21 | 31.04% |
| 2026-01-20 | 31.04% |
| 2026-01-16 | 31.04% |
| 2026-01-15 | 31.04% |
| 2026-01-14 | 31.04% |
| 2026-01-13 | 31.03% |
| 2026-01-12 | 31.04% |
| 2026-01-09 | 31.04% |
| 2026-01-08 | 31.04% |
| 2026-01-07 | 31.04% |
| 2026-01-06 | 31.05% |
| 2026-01-05 | 31.03% |
| 2026-01-02 | 31.04% |
| 2025-12-31 | 31.04% |
| 2025-12-30 | 30.90% |
| 2025-12-29 | 30.90% |
| 2025-12-26 | 30.89% |
| 2025-12-24 | 30.89% |
| 2025-12-23 | 30.90% |
| 2025-12-22 | 30.90% |
| 2025-12-19 | 30.90% |
| 2025-12-18 | 30.90% |
| 2025-12-17 | 30.90% |
| 2025-12-16 | 30.90% |
| 2025-12-15 | 30.90% |
| 2025-12-12 | 30.90% |
| 2025-12-11 | 30.89% |
| 2025-12-10 | 30.90% |
| 2025-12-09 | 30.90% |
| 2025-12-08 | 30.89% |
| 2025-12-05 | 30.89% |
| 2025-12-04 | 30.90% |
| 2025-12-03 | 30.89% |
| 2025-12-02 | 30.91% |
| 2025-12-01 | 30.90% |
| 2025-11-28 | 30.90% |
| 2025-11-26 | 30.90% |
| 2025-11-25 | 30.91% |
| 2025-11-24 | 30.90% |
| 2025-11-21 | 30.90% |
| 2025-11-20 | 30.89% |
| 2025-11-19 | 30.90% |
| 2025-11-18 | 30.90% |
| 2025-11-17 | 30.90% |
| 2025-11-14 | 30.91% |
| 2025-11-13 | 30.90% |
| 2025-11-12 | 30.90% |
| 2025-11-11 | 39.71% |
| 2025-11-10 | 39.71% |
| 2025-11-07 | 39.71% |
| 2025-11-06 | 39.71% |
| 2025-11-05 | 39.71% |
| 2025-11-04 | 39.72% |
| 2025-11-03 | 39.72% |
| 2025-10-31 | 39.70% |
| 2025-10-30 | 39.71% |
| 2025-10-29 | 39.72% |
| 2025-10-28 | 39.72% |
| 2025-10-27 | 39.71% |
| 2025-10-24 | 39.72% |
| 2025-10-23 | 39.71% |
| 2025-10-22 | 39.72% |
| 2025-10-21 | 39.70% |
| 2025-10-20 | 39.71% |
| 2025-10-17 | 39.72% |
| 2025-10-16 | 39.72% |
| 2025-10-15 | 39.72% |
| 2025-10-14 | 39.71% |
| 2025-10-13 | 39.71% |
| 2025-10-10 | 39.70% |
| 2025-10-09 | 39.71% |
| 2025-10-08 | 39.71% |
| 2025-10-07 | 39.71% |
| 2025-10-06 | 39.70% |
| 2025-10-03 | 39.72% |
| 2025-10-02 | 39.71% |
| 2025-10-01 | 39.71% |
| 2025-09-30 | 39.72% |
| 2025-09-29 | 29.78% |
| 2025-09-26 | 39.53% |
| 2025-09-25 | 39.52% |
| 2025-09-24 | 39.53% |
| 2025-09-23 | 39.54% |
| 2025-09-22 | 39.53% |
| 2025-09-19 | 39.53% |
| 2025-09-18 | 39.53% |
| 2025-09-17 | 39.54% |
| 2025-09-16 | 39.53% |
| 2025-09-15 | 39.52% |
| 2025-09-12 | 39.52% |
| 2025-09-11 | 39.53% |
| 2025-09-10 | 39.53% |
| 2025-09-09 | 39.52% |
| 2025-09-08 | 39.54% |
| 2025-09-05 | 39.53% |
| 2025-09-04 | 39.53% |
| 2025-09-03 | 39.53% |
| 2025-09-02 | 39.54% |
| 2025-08-29 | 39.54% |
| 2025-08-28 | 39.53% |
| 2025-08-27 | 39.54% |
| 2025-08-26 | 39.54% |
| 2025-08-25 | 39.52% |
Showing the most recent 260 of 2,560 data points. The chart above shows the full history.
| $1.61 |
| 68.0% |
| 2019-12-31 | $4.14 | $1.60 | 38.7% |
| 2018-12-31 | $7.47 | $1.54 | 20.6% |
| 2017-12-31 | $4.11 | $1.51 | 36.8% |
| 2016-12-31 | $2.48 | $1.50 | 60.6% |
| 2015-12-31 | $1.11 | $1.49 | 134.4% |
| 2014-12-31 | $2.22 | $1.48 | 66.8% |
| 2013-12-31 | $1.52 | $1.47 | 96.8% |
| 2012-12-31 | $1.58 | $1.46 | 92.5% |
| 2011-12-31 | $2.45 | $1.45 | 59.3% |
| 2010-12-31 | $0.42 | $1.44 | 343.5% |
| 2009-12-31 | ($0.93) | $1.41 | N/A (Loss) |
| 2008-12-31 | $6.01 | $1.91 | 31.8% |
| 2007-12-31 | $4.98 | $2.44 | 49.0% |
| 2006-12-31 | $5.73 | $2.05 | 35.8% |
| 2005-12-31 | $4.19 | $0.78 | 18.5% |
| 2004-12-31 | $3.53 | $0.23 | 6.7% |
| 2003-12-31 | $0.20 | $0.20 | 100.0% |
| 2002-12-31 | $0.52 | $0.19 | 36.5% |
| 2001-12-31 | $0.36 | $0.17 | 47.2% |
| 2000-12-31 | $0.95 | $0.15 | 15.8% |
| 1999-12-31 | $0.70 | $0.13 | 18.6% |
| 1998-12-31 | $0.75 | $0.12 | 16.0% |
| 1997-12-31 | $0.84 | $0.10 | 11.9% |
| 1996-12-31 | $0.71 | $0.08 | 11.3% |
