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 42.13% is in line with its 5-year average of 46.62%, around the middle of its 5-year range (15.88%–83.18%).
As of Saturday, August 1, 2026. 10.64% below its 12-month average of 47.15%.
Dividend Payout Ratio (42.13%) = TTM Dividends/Share ($1.80) / TTM EPS ($4.28)
DIVIDEND PAYOUT RATIO
42.13%
DIVIDEND PAYOUT RATIO AVG TTM
47.15%
DIVIDEND PAYOUT RATIO AVG 3Y
46.58%
DIVIDEND PAYOUT RATIO AVG 5Y
46.99%
DIVIDEND PAYOUT RATIO AVG 10Y
48.22%
DIVIDEND PAYOUT RATIO AVG 15Y
45.80%
DIVIDEND PAYOUT RATIO AVG 20Y
43.12%
CURRENT VS TTM AVG
-10.64%
CURRENT VS 3Y AVG
-9.54%
CURRENT VS 5Y AVG
-10.33%
CURRENT VS 10Y AVG
-12.62%
CURRENT VS 15Y AVG
-8.01%
CURRENT VS 20Y AVG
-2.28%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.62 | $1.73 | 47.7% |
| 2024 | $3.14 | $1.45 | 46.1% |
| 2023 | $2.76 | $1.03 | 37.2% |
| 2022 | $1.76 | $0.80 | 45.5% |
| 2021 | $1.59 | $0.74 | 46.3% |
| 2020 | $1.48 | $0.65 |
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 |
|---|---|
| 2026-07-31 | 42.13% |
| 2026-07-30 | 42.14% |
| 2026-07-29 | 42.16% |
| 2026-07-28 | 42.14% |
| 2026-07-27 | 42.15% |
| 2026-07-24 | 42.15% |
| 2026-07-23 | 42.14% |
| 2026-07-22 | 42.14% |
| 2026-07-21 | 42.14% |
| 2026-07-20 | 42.16% |
| 2026-07-17 | 42.14% |
| 2026-07-16 | 42.14% |
| 2026-07-15 | 42.16% |
| 2026-07-14 | 42.15% |
| 2026-07-13 | 42.15% |
| 2026-07-10 | 42.17% |
| 2026-07-09 | 42.17% |
| 2026-07-08 | 42.16% |
| 2026-07-07 | 42.14% |
| 2026-07-06 | 42.13% |
| 2026-07-02 | 42.16% |
| 2026-07-01 | 42.15% |
| 2026-06-30 | 42.17% |
| 2026-06-29 | 42.15% |
| 2026-06-26 | 42.17% |
| 2026-06-25 | 42.17% |
| 2026-06-24 | 42.14% |
| 2026-06-23 | 42.14% |
| 2026-06-22 | 42.14% |
| 2026-06-18 | 42.13% |
| 2026-06-17 | 42.14% |
| 2026-06-16 | 42.16% |
| 2026-06-15 | 42.13% |
| 2026-06-12 | 42.17% |
| 2026-06-11 | 42.13% |
| 2026-06-10 | 42.17% |
| 2026-06-09 | 42.15% |
| 2026-06-08 | 42.17% |
| 2026-06-05 | 42.15% |
| 2026-06-04 | 42.17% |
| 2026-06-03 | 42.17% |
| 2026-06-02 | 42.15% |
| 2026-06-01 | 42.15% |
| 2026-05-29 | 42.14% |
| 2026-05-28 | 42.16% |
| 2026-05-27 | 42.14% |
| 2026-05-26 | 42.16% |
| 2026-05-22 | 42.16% |
| 2026-05-21 | 42.13% |
| 2026-05-20 | 42.13% |
| 2026-05-19 | 42.15% |
| 2026-05-18 | 42.15% |
| 2026-05-15 | 42.16% |
| 2026-05-14 | 42.13% |
| 2026-05-13 | 42.13% |
| 2026-05-12 | 42.17% |
| 2026-05-11 | 42.17% |
| 2026-05-08 | 42.16% |
| 2026-05-07 | 42.13% |
| 2026-05-06 | 42.17% |
| 2026-05-05 | 50.91% |
| 2026-05-04 | 50.94% |
| 2026-05-01 | 50.91% |
| 2026-04-30 | 50.91% |
| 2026-04-29 | 50.93% |
| 2026-04-28 | 50.94% |
| 2026-04-27 | 50.90% |
| 2026-04-24 | 50.94% |
| 2026-04-23 | 50.94% |
| 2026-04-22 | 50.90% |
| 2026-04-21 | 50.92% |
| 2026-04-20 | 50.90% |
| 2026-04-17 | 50.91% |
| 2026-04-16 | 50.93% |
| 2026-04-15 | 50.90% |
| 2026-04-14 | 50.91% |
| 2026-04-13 | 50.90% |
| 2026-04-10 | 50.90% |
| 2026-04-09 | 50.91% |
| 2026-04-08 | 50.92% |
| 2026-04-07 | 50.91% |
| 2026-04-06 | 50.90% |
| 2026-04-02 | 50.91% |
| 2026-04-01 | 50.92% |
| 2026-03-31 | 50.94% |
| 2026-03-30 | 83.18% |
| 2026-03-27 | 48.83% |
| 2026-03-26 | 48.82% |
| 2026-03-25 | 48.82% |
| 2026-03-24 | 48.82% |
| 2026-03-23 | 48.82% |
| 2026-03-20 | 48.79% |
| 2026-03-19 | 48.81% |
| 2026-03-18 | 48.79% |
| 2026-03-17 | 48.80% |
| 2026-03-16 | 48.79% |
| 2026-03-13 | 48.81% |
| 2026-03-12 | 48.83% |
| 2026-03-11 | 48.79% |
| 2026-03-10 | 48.79% |
| 2026-03-09 | 48.79% |
| 2026-03-06 | 48.79% |
| 2026-03-05 | 48.80% |
| 2026-03-04 | 48.80% |
| 2026-03-03 | 48.80% |
| 2026-03-02 | 48.80% |
| 2026-02-27 | 48.79% |
| 2026-02-26 | 48.80% |
| 2026-02-25 | 48.78% |
| 2026-02-24 | 48.82% |
| 2026-02-23 | 48.80% |
| 2026-02-20 | 48.80% |
| 2026-02-19 | 48.79% |
| 2026-02-18 | 48.79% |
| 2026-02-17 | 48.79% |
| 2026-02-13 | 48.81% |
| 2026-02-12 | 48.81% |
| 2026-02-11 | 48.79% |
| 2026-02-10 | 48.80% |
| 2026-02-09 | 48.79% |
| 2026-02-06 | 48.79% |
| 2026-02-05 | 48.81% |
| 2026-02-04 | 48.82% |
| 2026-02-03 | 48.82% |
| 2026-02-02 | 49.82% |
| 2026-01-30 | 49.80% |
| 2026-01-29 | 49.80% |
| 2026-01-28 | 49.81% |
| 2026-01-27 | 49.81% |
| 2026-01-26 | 49.83% |
| 2026-01-23 | 49.81% |
| 2026-01-22 | 49.81% |
| 2026-01-21 | 49.81% |
| 2026-01-20 | 49.80% |
| 2026-01-16 | 49.81% |
| 2026-01-15 | 49.82% |
| 2026-01-14 | 49.80% |
| 2026-01-13 | 49.80% |
| 2026-01-12 | 49.82% |
| 2026-01-09 | 49.80% |
| 2026-01-08 | 49.81% |
| 2026-01-07 | 49.82% |
| 2026-01-06 | 49.82% |
| 2026-01-05 | 49.82% |
| 2026-01-02 | 49.81% |
| 2025-12-31 | 49.82% |
| 2025-12-30 | 49.80% |
| 2025-12-29 | 49.82% |
| 2025-12-26 | 49.83% |
| 2025-12-24 | 49.81% |
| 2025-12-23 | 49.82% |
| 2025-12-22 | 49.80% |
| 2025-12-19 | 49.81% |
| 2025-12-18 | 49.80% |
| 2025-12-17 | 49.81% |
| 2025-12-16 | 49.80% |
| 2025-12-15 | 49.81% |
| 2025-12-12 | 49.80% |
| 2025-12-11 | 49.83% |
| 2025-12-10 | 49.82% |
| 2025-12-09 | 49.80% |
| 2025-12-08 | 49.81% |
| 2025-12-05 | 49.83% |
| 2025-12-04 | 49.80% |
| 2025-12-03 | 49.81% |
| 2025-12-02 | 49.81% |
| 2025-12-01 | 49.81% |
| 2025-11-28 | 49.83% |
| 2025-11-26 | 49.81% |
| 2025-11-25 | 49.80% |
| 2025-11-24 | 49.81% |
| 2025-11-21 | 49.82% |
| 2025-11-20 | 49.81% |
| 2025-11-19 | 49.80% |
| 2025-11-18 | 49.83% |
| 2025-11-17 | 49.82% |
| 2025-11-14 | 49.81% |
| 2025-11-13 | 49.81% |
| 2025-11-12 | 49.82% |
| 2025-11-11 | 49.82% |
| 2025-11-10 | 49.81% |
| 2025-11-07 | 49.83% |
| 2025-11-06 | 49.83% |
| 2025-11-05 | 49.82% |
| 2025-11-04 | 46.99% |
| 2025-11-03 | 47.01% |
| 2025-10-31 | 47.00% |
| 2025-10-30 | 47.00% |
| 2025-10-29 | 47.00% |
| 2025-10-28 | 47.01% |
| 2025-10-27 | 46.98% |
| 2025-10-24 | 46.99% |
| 2025-10-23 | 47.01% |
| 2025-10-22 | 47.01% |
| 2025-10-21 | 47.00% |
| 2025-10-20 | 47.00% |
| 2025-10-17 | 47.01% |
| 2025-10-16 | 46.98% |
| 2025-10-15 | 47.01% |
| 2025-10-14 | 47.00% |
| 2025-10-13 | 47.00% |
| 2025-10-10 | 46.99% |
| 2025-10-09 | 47.00% |
| 2025-10-08 | 46.99% |
| 2025-10-07 | 46.99% |
| 2025-10-06 | 46.99% |
| 2025-10-03 | 47.00% |
| 2025-10-02 | 47.01% |
| 2025-10-01 | 46.99% |
| 2025-09-30 | 46.99% |
| 2025-09-29 | 46.98% |
| 2025-09-26 | 46.98% |
| 2025-09-25 | 46.99% |
| 2025-09-24 | 47.01% |
| 2025-09-23 | 46.99% |
| 2025-09-22 | 46.99% |
| 2025-09-19 | 47.00% |
| 2025-09-18 | 46.99% |
| 2025-09-17 | 47.00% |
| 2025-09-16 | 47.01% |
| 2025-09-15 | 47.01% |
| 2025-09-12 | 46.99% |
| 2025-09-11 | 47.00% |
| 2025-09-10 | 47.01% |
| 2025-09-09 | 47.00% |
| 2025-09-08 | 46.99% |
| 2025-09-05 | 46.99% |
| 2025-09-04 | 47.00% |
| 2025-09-03 | 46.99% |
| 2025-09-02 | 46.99% |
| 2025-08-29 | 47.01% |
| 2025-08-28 | 47.00% |
| 2025-08-27 | 47.00% |
| 2025-08-26 | 46.99% |
| 2025-08-25 | 46.99% |
| 2025-08-22 | 47.01% |
| 2025-08-21 | 46.99% |
| 2025-08-20 | 47.00% |
| 2025-08-19 | 47.00% |
| 2025-08-18 | 47.00% |
| 2025-08-15 | 45.15% |
| 2025-08-14 | 45.18% |
| 2025-08-13 | 45.15% |
| 2025-08-12 | 45.17% |
| 2025-08-11 | 45.16% |
| 2025-08-08 | 45.16% |
| 2025-08-07 | 45.16% |
| 2025-08-06 | 45.16% |
| 2025-08-05 | 49.06% |
| 2025-08-04 | 49.06% |
| 2025-08-01 | 49.07% |
| 2025-07-31 | 49.08% |
| 2025-07-30 | 49.06% |
| 2025-07-29 | 49.07% |
| 2025-07-28 | 49.06% |
| 2025-07-25 | 49.07% |
| 2025-07-24 | 49.06% |
| 2025-07-23 | 49.08% |
| 2025-07-22 | 49.08% |
| 2025-07-21 | 49.08% |
Showing the most recent 260 of 2,648 data points. The chart above shows the full history.
| 44.0% |
| 2019 | $1.23 | $0.61 | 49.9% |
| 2018 | $1.23 | $0.63 | 51.7% |
| 2017 | $1.24 | $0.57 | 46.1% |
| 2016 | $1.06 | $0.71 | 66.6% |
| 2015 | $0.99 | $0.36 | 37.0% |
| 2014 | $0.82 | $0.42 | 50.6% |
| 2013 | $0.87 | $0.31 | 35.8% |
| 2012 | $0.69 | $0.25 | 36.4% |
| 2011 | $0.53 | $0.19 | 35.8% |
| 2010 | $0.44 | $0.14 | 30.6% |
| 2009 | $0.35 | $0.11 | 31.4% |
| 2008 | $0.29 | $0.09 | 32.3% |
| 2007 | $0.26 | $0.06 | 23.5% |
| 2006 | $0.18 | $0.05 | 27.2% |
| 2005 | $0.14 | $0.04 | 30.3% |
| 2004 | $0.14 | $0.04 | 26.5% |
| 2003 | $0.12 | $0.03 | 21.8% |
| 2002 | $0.09 | $0.02 | 20.9% |
| 2001 | $0.09 | $0.02 | 17.5% |
| 2000 | $0.07 | $0.01 | 17.2% |
| 1999 | $0.05 | $0.01 | 20.4% |
| 1998 | $0.05 | $0.01 | 11.5% |
| 1997 | $0.05 | $0.01 | 12.2% |
| 1996 | $0.04 | $0.00 | 11.0% |
