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 24.94% is 14% below its 4-year average of 29.10%, around the middle of its 4-year range (2.44%–70.08%).
As of Sunday, July 26, 2026. 52.63% below its 12-month average of 52.64%.
Dividend Payout Ratio (24.94%) = TTM Dividends/Share ($1.00) / TTM EPS ($4.01)
DIVIDEND PAYOUT RATIO
24.94%
DIVIDEND PAYOUT RATIO AVG TTM
52.64%
DIVIDEND PAYOUT RATIO AVG 3Y
37.37%
DIVIDEND PAYOUT RATIO AVG 5Y
29.10%
DIVIDEND PAYOUT RATIO AVG 10Y
39.54%
DIVIDEND PAYOUT RATIO AVG 15Y
35.02%
DIVIDEND PAYOUT RATIO AVG 20Y
29.15%
CURRENT VS TTM AVG
-52.63%
CURRENT VS 3Y AVG
-33.27%
CURRENT VS 5Y AVG
-14.30%
CURRENT VS 10Y AVG
-36.92%
CURRENT VS 15Y AVG
-28.79%
CURRENT VS 20Y AVG
-14.45%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $1.69 | $0.96 | 56.8% |
| 2024 | $2.59 | $0.88 | 34.0% |
| 2023 | $4.22 | $0.72 | 17.1% |
| 2022 | $13.41 | $0.52 | 3.9% |
| 2021 | $1.62 | $0.04 | 2.5% |
| 2020 | ($17.06) | $0.82 |
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 | 24.94% |
| 2026-07-23 | 24.93% |
| 2026-07-22 | 24.92% |
| 2026-07-21 | 24.94% |
| 2026-07-20 | 24.93% |
| 2026-07-17 | 24.94% |
| 2026-07-16 | 24.94% |
| 2026-07-15 | 24.92% |
| 2026-07-14 | 24.92% |
| 2026-07-13 | 24.92% |
| 2026-07-10 | 24.94% |
| 2026-07-09 | 24.93% |
| 2026-07-08 | 24.93% |
| 2026-07-07 | 24.92% |
| 2026-07-06 | 24.93% |
| 2026-07-02 | 24.92% |
| 2026-07-01 | 24.93% |
| 2026-06-30 | 24.93% |
| 2026-06-29 | 24.93% |
| 2026-06-26 | 24.92% |
| 2026-06-25 | 24.94% |
| 2026-06-24 | 24.94% |
| 2026-06-23 | 24.93% |
| 2026-06-22 | 24.92% |
| 2026-06-18 | 24.93% |
| 2026-06-17 | 24.92% |
| 2026-06-16 | 24.93% |
| 2026-06-15 | 24.94% |
| 2026-06-12 | 24.94% |
| 2026-06-11 | 24.93% |
| 2026-06-10 | 24.94% |
| 2026-06-09 | 24.44% |
| 2026-06-08 | 24.43% |
| 2026-06-05 | 24.43% |
| 2026-06-04 | 24.44% |
| 2026-06-03 | 24.43% |
| 2026-06-02 | 24.43% |
| 2026-06-01 | 24.43% |
| 2026-05-29 | 24.44% |
| 2026-05-28 | 24.43% |
| 2026-05-27 | 24.43% |
| 2026-05-26 | 24.42% |
| 2026-05-22 | 24.43% |
| 2026-05-21 | 24.44% |
| 2026-05-20 | 24.44% |
| 2026-05-19 | 24.43% |
| 2026-05-18 | 24.43% |
| 2026-05-15 | 24.43% |
| 2026-05-14 | 24.43% |
| 2026-05-13 | 24.44% |
| 2026-05-12 | 24.43% |
| 2026-05-11 | 24.44% |
| 2026-05-08 | 24.43% |
| 2026-05-07 | 24.44% |
| 2026-05-06 | 24.43% |
| 2026-05-05 | 24.43% |
| 2026-05-04 | 60.83% |
| 2026-05-01 | 60.83% |
| 2026-04-30 | 60.83% |
| 2026-04-29 | 60.82% |
| 2026-04-28 | 60.83% |
| 2026-04-27 | 60.82% |
| 2026-04-24 | 60.82% |
| 2026-04-23 | 60.82% |
| 2026-04-22 | 60.83% |
| 2026-04-21 | 60.82% |
| 2026-04-20 | 60.82% |
| 2026-04-17 | 60.83% |
| 2026-04-16 | 60.83% |
| 2026-04-15 | 60.82% |
| 2026-04-14 | 60.82% |
| 2026-04-13 | 60.83% |
| 2026-04-10 | 60.83% |
| 2026-04-09 | 60.83% |
| 2026-04-08 | 60.83% |
| 2026-04-07 | 60.82% |
| 2026-04-06 | 60.83% |
| 2026-04-02 | 60.82% |
| 2026-04-01 | 60.82% |
| 2026-03-31 | 60.82% |
| 2026-03-30 | 60.82% |
| 2026-03-27 | 60.82% |
| 2026-03-26 | 60.83% |
| 2026-03-25 | 60.83% |
| 2026-03-24 | 60.83% |
| 2026-03-23 | 60.82% |
| 2026-03-20 | 60.82% |
| 2026-03-19 | 60.83% |
| 2026-03-18 | 60.82% |
| 2026-03-17 | 60.82% |
| 2026-03-16 | 60.82% |
| 2026-03-13 | 60.82% |
| 2026-03-12 | 60.82% |
| 2026-03-11 | 60.83% |
| 2026-03-10 | 60.83% |
| 2026-03-09 | 59.59% |
| 2026-03-06 | 59.58% |
| 2026-03-05 | 59.58% |
| 2026-03-04 | 59.58% |
| 2026-03-03 | 59.59% |
| 2026-03-02 | 59.59% |
| 2026-02-27 | 59.57% |
| 2026-02-26 | 59.58% |
| 2026-02-25 | 59.59% |
| 2026-02-24 | 59.58% |
| 2026-02-23 | 59.58% |
| 2026-02-20 | 59.57% |
| 2026-02-19 | 59.58% |
| 2026-02-18 | 59.58% |
| 2026-02-17 | 70.07% |
| 2026-02-13 | 70.08% |
| 2026-02-12 | 70.06% |
| 2026-02-11 | 70.07% |
| 2026-02-10 | 70.07% |
| 2026-02-09 | 70.08% |
| 2026-02-06 | 70.07% |
| 2026-02-05 | 70.07% |
| 2026-02-04 | 70.07% |
| 2026-02-03 | 70.08% |
| 2026-02-02 | 70.07% |
| 2026-01-30 | 70.07% |
| 2026-01-29 | 70.07% |
| 2026-01-28 | 70.07% |
| 2026-01-27 | 70.08% |
| 2026-01-26 | 70.08% |
| 2026-01-23 | 70.07% |
| 2026-01-22 | 70.08% |
| 2026-01-21 | 70.07% |
| 2026-01-20 | 70.07% |
| 2026-01-16 | 70.08% |
| 2026-01-15 | 70.07% |
| 2026-01-14 | 70.07% |
| 2026-01-13 | 70.07% |
| 2026-01-12 | 70.07% |
| 2026-01-09 | 70.06% |
| 2026-01-08 | 70.06% |
| 2026-01-07 | 70.07% |
| 2026-01-06 | 70.08% |
| 2026-01-05 | 70.06% |
| 2026-01-02 | 70.06% |
| 2025-12-31 | 70.06% |
| 2025-12-30 | 70.07% |
| 2025-12-29 | 70.08% |
| 2025-12-26 | 70.08% |
| 2025-12-24 | 70.08% |
| 2025-12-23 | 70.07% |
| 2025-12-22 | 70.06% |
| 2025-12-19 | 70.07% |
| 2025-12-18 | 70.07% |
| 2025-12-17 | 70.08% |
| 2025-12-16 | 70.08% |
| 2025-12-15 | 70.08% |
| 2025-12-12 | 70.08% |
| 2025-12-11 | 70.07% |
| 2025-12-10 | 70.06% |
| 2025-12-09 | 68.62% |
| 2025-12-08 | 68.61% |
| 2025-12-05 | 68.61% |
| 2025-12-04 | 68.62% |
| 2025-12-03 | 68.62% |
| 2025-12-02 | 68.61% |
| 2025-12-01 | 68.62% |
| 2025-11-28 | 68.62% |
| 2025-11-26 | 68.61% |
| 2025-11-25 | 68.62% |
| 2025-11-24 | 68.61% |
| 2025-11-21 | 68.62% |
| 2025-11-20 | 68.61% |
| 2025-11-19 | 68.62% |
| 2025-11-18 | 68.62% |
| 2025-11-17 | 68.61% |
| 2025-11-14 | 68.61% |
| 2025-11-13 | 68.61% |
| 2025-11-12 | 68.62% |
| 2025-11-11 | 68.62% |
| 2025-11-10 | 68.61% |
| 2025-11-07 | 55.29% |
| 2025-11-06 | 55.30% |
| 2025-11-05 | 55.29% |
| 2025-11-04 | 55.30% |
| 2025-11-03 | 55.29% |
| 2025-10-31 | 55.30% |
| 2025-10-30 | 55.29% |
| 2025-10-29 | 55.29% |
| 2025-10-28 | 55.30% |
| 2025-10-27 | 55.29% |
| 2025-10-24 | 55.29% |
| 2025-10-23 | 55.29% |
| 2025-10-22 | 55.30% |
| 2025-10-21 | 55.28% |
| 2025-10-20 | 55.30% |
| 2025-10-17 | 55.30% |
| 2025-10-16 | 55.29% |
| 2025-10-15 | 55.30% |
| 2025-10-14 | 55.29% |
| 2025-10-13 | 55.29% |
| 2025-10-10 | 55.28% |
| 2025-10-09 | 55.30% |
| 2025-10-08 | 55.29% |
| 2025-10-07 | 55.28% |
| 2025-10-06 | 55.30% |
| 2025-10-03 | 55.29% |
| 2025-10-02 | 55.30% |
| 2025-10-01 | 55.29% |
| 2025-09-30 | 55.29% |
| 2025-09-29 | 55.29% |
| 2025-09-26 | 55.29% |
| 2025-09-25 | 55.29% |
| 2025-09-24 | 55.29% |
| 2025-09-23 | 55.30% |
| 2025-09-22 | 55.30% |
| 2025-09-19 | 55.30% |
| 2025-09-18 | 55.30% |
| 2025-09-17 | 55.30% |
| 2025-09-16 | 55.29% |
| 2025-09-15 | 55.30% |
| 2025-09-12 | 55.28% |
| 2025-09-11 | 55.29% |
| 2025-09-10 | 55.29% |
| 2025-09-09 | 54.11% |
| 2025-09-08 | 54.11% |
| 2025-09-05 | 54.13% |
| 2025-09-04 | 54.12% |
| 2025-09-03 | 54.13% |
| 2025-09-02 | 54.11% |
| 2025-08-29 | 54.13% |
| 2025-08-28 | 54.12% |
| 2025-08-27 | 54.12% |
| 2025-08-26 | 54.11% |
| 2025-08-25 | 54.11% |
| 2025-08-22 | 54.12% |
| 2025-08-21 | 54.11% |
| 2025-08-20 | 54.12% |
| 2025-08-19 | 54.12% |
| 2025-08-18 | 54.13% |
| 2025-08-15 | 54.12% |
| 2025-08-14 | 54.13% |
| 2025-08-13 | 54.11% |
| 2025-08-12 | 54.12% |
| 2025-08-11 | 54.11% |
| 2025-08-08 | 54.12% |
| 2025-08-07 | 54.12% |
| 2025-08-06 | 54.11% |
| 2025-08-05 | 37.24% |
| 2025-08-04 | 37.24% |
| 2025-08-01 | 37.24% |
| 2025-07-31 | 37.25% |
| 2025-07-30 | 37.25% |
| 2025-07-29 | 37.24% |
| 2025-07-28 | 37.24% |
| 2025-07-25 | 37.24% |
| 2025-07-24 | 37.25% |
| 2025-07-23 | 37.24% |
| 2025-07-22 | 37.26% |
| 2025-07-21 | 37.25% |
| 2025-07-18 | 37.25% |
| 2025-07-17 | 37.24% |
| 2025-07-16 | 37.25% |
| 2025-07-15 | 37.24% |
| 2025-07-14 | 37.25% |
Showing the most recent 260 of 2,087 data points. The chart above shows the full history.
| N/A (Loss) |
| 2019 | ($1.22) | $3.14 | N/A (Loss) |
| 2018 | $5.40 | $3.10 | 57.4% |
| 2017 | $1.71 | $3.06 | 178.9% |
| 2016 | ($0.75) | $3.02 | N/A (Loss) |
| 2015 | ($10.23) | $2.96 | N/A (Loss) |
| 2014 | $0.79 | $2.79 | 352.9% |
| 2013 | $7.33 | $2.45 | 33.5% |
| 2012 | $5.67 | $2.07 | 36.5% |
| 2011 | $8.32 | $1.76 | 21.2% |
| 2010 | $5.57 | $1.41 | 25.3% |
| 2009 | $3.59 | $1.26 | 35.0% |
| 2008 | $8.39 | $1.16 | 13.8% |
| 2007 | $6.47 | $0.90 | 13.9% |
| 2006 | $4.92 | $0.77 | 15.6% |
| 2005 | $6.55 | $0.62 | 9.4% |
| 2004 | $3.25 | $0.53 | 16.2% |
| 2003 | $2.00 | $0.50 | 24.9% |
| 2002 | $1.32 | $0.48 | 36.3% |
| 2001 | $1.55 | $0.48 | 30.9% |
| 2000 | $2.13 | $0.48 | 22.5% |
| 1999 | $0.62 | $0.48 | 77.3% |
| 1998 | $0.50 | $0.48 | 95.8% |
| 1997 | ($0.71) | $0.48 | N/A (Loss) |
| 1996 | $0.89 | $0.48 | 53.8% |
