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 38.81% is in line with its 5-year average of 39.96%, near the low end of its 5-year range (28.09%–126.58%).
As of Sunday, July 26, 2026. 16.83% below its 12-month average of 46.66%.
Dividend Payout Ratio (38.81%) = TTM Dividends/Share ($4.06) / TTM EPS ($10.45)
DIVIDEND PAYOUT RATIO
38.81%
DIVIDEND PAYOUT RATIO AVG TTM
46.66%
DIVIDEND PAYOUT RATIO AVG 3Y
41.25%
DIVIDEND PAYOUT RATIO AVG 5Y
39.07%
DIVIDEND PAYOUT RATIO AVG 10Y
N/A
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-16.83%
CURRENT VS 3Y AVG
-5.92%
CURRENT VS 5Y AVG
-0.67%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $8.00 | $4.06 | 50.7% |
| 2024 | $9.84 | $4.06 | 41.2% |
| 2023 | $10.83 | $4.06 | 37.5% |
| 2022 | $10.64 | $3.38 | 31.8% |
| 2021 | $6.91 | $2.25 | 32.6% |
| 2020 | $0.19 | $1.50 |
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 |
|---|---|
| 2026-07-24 | 38.81% |
| 2026-07-23 | 38.81% |
| 2026-07-22 | 38.81% |
| 2026-07-21 | 38.82% |
| 2026-07-20 | 38.82% |
| 2026-07-17 | 38.82% |
| 2026-07-16 | 38.81% |
| 2026-07-15 | 38.81% |
| 2026-07-14 | 38.81% |
| 2026-07-13 | 38.81% |
| 2026-07-10 | 38.82% |
| 2026-07-09 | 38.81% |
| 2026-07-08 | 38.82% |
| 2026-07-07 | 38.82% |
| 2026-07-06 | 38.81% |
| 2026-07-02 | 38.82% |
| 2026-07-01 | 38.82% |
| 2026-06-30 | 38.81% |
| 2026-06-29 | 38.82% |
| 2026-06-26 | 38.81% |
| 2026-06-25 | 38.82% |
| 2026-06-24 | 48.52% |
| 2026-06-23 | 38.81% |
| 2026-06-22 | 38.81% |
| 2026-06-18 | 38.82% |
| 2026-06-17 | 38.82% |
| 2026-06-16 | 38.81% |
| 2026-06-15 | 38.82% |
| 2026-06-12 | 38.81% |
| 2026-06-11 | 38.81% |
| 2026-06-10 | 38.82% |
| 2026-06-09 | 38.81% |
| 2026-06-08 | 38.82% |
| 2026-06-05 | 38.81% |
| 2026-06-04 | 38.81% |
| 2026-06-03 | 38.81% |
| 2026-06-02 | 38.82% |
| 2026-06-01 | 38.82% |
| 2026-05-29 | 38.81% |
| 2026-05-28 | 38.82% |
| 2026-05-27 | 38.82% |
| 2026-05-26 | 38.81% |
| 2026-05-22 | 38.81% |
| 2026-05-21 | 38.82% |
| 2026-05-20 | 38.81% |
| 2026-05-19 | 38.81% |
| 2026-05-18 | 38.81% |
| 2026-05-15 | 38.81% |
| 2026-05-14 | 38.81% |
| 2026-05-13 | 38.82% |
| 2026-05-12 | 38.82% |
| 2026-05-11 | 38.81% |
| 2026-05-08 | 38.82% |
| 2026-05-07 | 38.81% |
| 2026-05-06 | 38.82% |
| 2026-05-05 | 38.82% |
| 2026-05-04 | 38.81% |
| 2026-05-01 | 38.81% |
| 2026-04-30 | 38.81% |
| 2026-04-29 | 38.81% |
| 2026-04-28 | 38.82% |
| 2026-04-27 | 51.08% |
| 2026-04-24 | 51.09% |
| 2026-04-23 | 51.08% |
| 2026-04-22 | 51.08% |
| 2026-04-21 | 51.07% |
| 2026-04-20 | 51.09% |
| 2026-04-17 | 51.09% |
| 2026-04-16 | 51.09% |
| 2026-04-15 | 51.08% |
| 2026-04-14 | 51.07% |
| 2026-04-13 | 51.09% |
| 2026-04-10 | 51.08% |
| 2026-04-09 | 51.08% |
| 2026-04-08 | 51.09% |
| 2026-04-07 | 51.07% |
| 2026-04-06 | 51.08% |
| 2026-04-02 | 51.08% |
| 2026-04-01 | 51.08% |
| 2026-03-31 | 51.08% |
| 2026-03-30 | 51.08% |
| 2026-03-27 | 51.09% |
| 2026-03-26 | 51.08% |
| 2026-03-25 | 51.09% |
| 2026-03-24 | 38.32% |
| 2026-03-23 | 38.32% |
| 2026-03-20 | 38.31% |
| 2026-03-19 | 38.32% |
| 2026-03-18 | 51.09% |
| 2026-03-17 | 51.09% |
| 2026-03-16 | 51.09% |
| 2026-03-13 | 51.09% |
| 2026-03-12 | 51.08% |
| 2026-03-11 | 51.08% |
| 2026-03-10 | 51.08% |
| 2026-03-09 | 51.08% |
| 2026-03-06 | 51.09% |
| 2026-03-05 | 51.08% |
| 2026-03-04 | 51.08% |
| 2026-03-03 | 51.08% |
| 2026-03-02 | 51.09% |
| 2026-02-27 | 51.08% |
| 2026-02-26 | 51.09% |
| 2026-02-25 | 51.09% |
| 2026-02-24 | 51.08% |
| 2026-02-23 | 51.08% |
| 2026-02-20 | 51.08% |
| 2026-02-19 | 51.08% |
| 2026-02-18 | 50.19% |
| 2026-02-17 | 50.19% |
| 2026-02-13 | 50.20% |
| 2026-02-12 | 50.19% |
| 2026-02-11 | 50.20% |
| 2026-02-10 | 50.19% |
| 2026-02-09 | 50.20% |
| 2026-02-06 | 50.19% |
| 2026-02-05 | 50.20% |
| 2026-02-04 | 50.20% |
| 2026-02-03 | 50.20% |
| 2026-02-02 | 50.20% |
| 2026-01-30 | 50.20% |
| 2026-01-29 | 50.20% |
| 2026-01-28 | 50.20% |
| 2026-01-27 | 50.19% |
| 2026-01-26 | 50.21% |
| 2026-01-23 | 50.19% |
| 2026-01-22 | 50.20% |
| 2026-01-21 | 50.21% |
| 2026-01-20 | 50.19% |
| 2026-01-16 | 50.21% |
| 2026-01-15 | 50.20% |
| 2026-01-14 | 50.19% |
| 2026-01-13 | 50.20% |
| 2026-01-12 | 50.20% |
| 2026-01-09 | 50.21% |
| 2026-01-08 | 50.19% |
| 2026-01-07 | 50.20% |
| 2026-01-06 | 50.20% |
| 2026-01-05 | 50.20% |
| 2026-01-02 | 50.21% |
| 2025-12-31 | 50.19% |
| 2025-12-30 | 50.21% |
| 2025-12-29 | 50.19% |
| 2025-12-26 | 50.19% |
| 2025-12-24 | 50.20% |
| 2025-12-23 | 50.20% |
| 2025-12-22 | 50.19% |
| 2025-12-19 | 50.19% |
| 2025-12-18 | 50.21% |
| 2025-12-17 | 50.20% |
| 2025-12-16 | 50.19% |
| 2025-12-15 | 50.19% |
| 2025-12-12 | 50.20% |
| 2025-12-11 | 50.19% |
| 2025-12-10 | 50.19% |
| 2025-12-09 | 37.64% |
| 2025-12-08 | 37.64% |
| 2025-12-05 | 37.65% |
| 2025-12-04 | 50.20% |
| 2025-12-03 | 50.19% |
| 2025-12-02 | 50.19% |
| 2025-12-01 | 50.20% |
| 2025-11-28 | 50.21% |
| 2025-11-26 | 50.20% |
| 2025-11-25 | 50.20% |
| 2025-11-24 | 50.20% |
| 2025-11-21 | 50.19% |
| 2025-11-20 | 50.21% |
| 2025-11-19 | 50.19% |
| 2025-11-18 | 50.20% |
| 2025-11-17 | 50.20% |
| 2025-11-14 | 50.19% |
| 2025-11-13 | 50.19% |
| 2025-11-12 | 50.20% |
| 2025-11-11 | 50.21% |
| 2025-11-10 | 50.20% |
| 2025-11-07 | 50.20% |
| 2025-11-06 | 50.20% |
| 2025-11-05 | 50.19% |
| 2025-11-04 | 50.20% |
| 2025-11-03 | 50.20% |
| 2025-10-31 | 50.20% |
| 2025-10-30 | 50.19% |
| 2025-10-29 | 50.21% |
| 2025-10-28 | 50.20% |
| 2025-10-27 | 48.35% |
| 2025-10-24 | 48.34% |
| 2025-10-23 | 48.35% |
| 2025-10-22 | 48.34% |
| 2025-10-21 | 48.34% |
| 2025-10-20 | 48.34% |
| 2025-10-17 | 48.35% |
| 2025-10-16 | 48.34% |
| 2025-10-15 | 48.34% |
| 2025-10-14 | 48.35% |
| 2025-10-13 | 48.35% |
| 2025-10-10 | 48.35% |
| 2025-10-09 | 48.34% |
| 2025-10-08 | 48.34% |
| 2025-10-07 | 48.34% |
| 2025-10-06 | 48.34% |
| 2025-10-03 | 48.34% |
| 2025-10-02 | 48.34% |
| 2025-10-01 | 48.35% |
| 2025-09-30 | 48.34% |
| 2025-09-29 | 48.34% |
| 2025-09-26 | 48.34% |
| 2025-09-25 | 48.34% |
| 2025-09-24 | 48.33% |
| 2025-09-23 | 48.34% |
| 2025-09-22 | 48.33% |
| 2025-09-19 | 48.34% |
| 2025-09-18 | 48.35% |
| 2025-09-17 | 48.35% |
| 2025-09-16 | 36.26% |
| 2025-09-15 | 36.25% |
| 2025-09-12 | 36.26% |
| 2025-09-11 | 48.34% |
| 2025-09-10 | 48.35% |
| 2025-09-09 | 48.34% |
| 2025-09-08 | 48.35% |
| 2025-09-05 | 48.35% |
| 2025-09-04 | 48.34% |
| 2025-09-03 | 48.34% |
| 2025-09-02 | 48.34% |
| 2025-08-29 | 48.34% |
| 2025-08-28 | 48.34% |
| 2025-08-27 | 48.35% |
| 2025-08-26 | 48.35% |
| 2025-08-25 | 48.35% |
| 2025-08-22 | 48.34% |
| 2025-08-21 | 48.34% |
| 2025-08-20 | 48.35% |
| 2025-08-19 | 48.35% |
| 2025-08-18 | 48.34% |
| 2025-08-15 | 48.35% |
| 2025-08-14 | 48.35% |
| 2025-08-13 | 48.35% |
| 2025-08-12 | 48.35% |
| 2025-08-11 | 48.34% |
| 2025-08-08 | 48.34% |
| 2025-08-07 | 48.34% |
| 2025-08-06 | 48.34% |
| 2025-08-05 | 48.35% |
| 2025-08-04 | 48.35% |
| 2025-08-01 | 48.34% |
| 2025-07-31 | 48.34% |
| 2025-07-30 | 48.34% |
| 2025-07-29 | 48.35% |
| 2025-07-28 | 48.34% |
| 2025-07-25 | 48.34% |
| 2025-07-24 | 48.34% |
| 2025-07-23 | 44.19% |
| 2025-07-22 | 44.19% |
| 2025-07-21 | 44.19% |
| 2025-07-18 | 44.19% |
| 2025-07-17 | 44.19% |
| 2025-07-16 | 44.19% |
| 2025-07-15 | 44.18% |
| 2025-07-14 | 44.19% |
Showing the most recent 260 of 1,791 data points. The chart above shows the full history.
| 789.5% |
| 2019 | $0.86 | $1.25 | 145.3% |
| 2018 | $6.78 | $0.50 | 7.4% |
| 2017 | $6.54 | $0.00 | 0.0% |
| 2016 | ($0.57) | $0.00 | N/A (Loss) |
| 2015 | $6.36 | $0.00 | 0.0% |
| 2014 | $2.27 | $0.00 | 0.0% |
| 2013 | $1.40 | $0.00 | 0.0% |
| 2012 | ($0.46) | $0.00 | N/A (Loss) |
| 2011 | $1.57 | $0.00 | 0.0% |
| 2010 | ($1.99) | $0.00 | N/A (Loss) |
| 2009 | ($0.81) | $0.00 | N/A (Loss) |
| 2008 | ($19.98) | $0.00 | N/A (Loss) |
