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 44.66% is 62% above its 5-year average of 27.55%, near the high end of its 5-year range (5.87%–56.66%).
As of Monday, October 5, 2026. 1.83% below its 12-month average of 45.50%.
Dividend Payout Ratio (44.66%) = TTM Dividends/Share ($1.88) / TTM EPS ($4.21)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
44.66%
DIVIDEND PAYOUT RATIO AVG TTM
45.50%
DIVIDEND PAYOUT RATIO AVG 3Y
36.80%
DIVIDEND PAYOUT RATIO AVG 5Y
27.55%
DIVIDEND PAYOUT RATIO AVG 10Y
17.44%
DIVIDEND PAYOUT RATIO AVG 15Y
11.95%
DIVIDEND PAYOUT RATIO AVG 20Y
7.01%
CURRENT VS TTM AVG
-1.83%
CURRENT VS 3Y AVG
+21.36%
CURRENT VS 5Y AVG
+62.11%
CURRENT VS 10Y AVG
+156.08%
CURRENT VS 15Y AVG
+273.60%
CURRENT VS 20Y AVG
+536.89%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $4.16 | $1.67 | 40.1% |
| 2024-12-31 | $4.25 | $1.50 | 35.3% |
| 2023-12-31 | $6.65 | $1.27 | 19.0% |
| 2022-12-31 | $14.97 | $0.96 | 6.4% |
| 2021-12-31 | $9.63 | $0.78 | 8.1% |
| 2020-12-31 | $4.27 |
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 | 44.66% |
| 2026-10-02 | 44.65% |
| 2026-10-01 | 44.66% |
| 2026-09-30 | 44.66% |
| 2026-09-29 | 44.66% |
| 2026-09-28 | 44.66% |
| 2026-09-25 | 44.66% |
| 2026-09-24 | 44.67% |
| 2026-09-23 | 44.65% |
| 2026-09-22 | 44.66% |
| 2026-09-21 | 44.67% |
| 2026-09-18 | 44.65% |
| 2026-09-17 | 44.66% |
| 2026-09-16 | 44.64% |
| 2026-09-15 | 44.66% |
| 2026-09-14 | 44.64% |
| 2026-09-11 | 44.64% |
| 2026-09-10 | 44.65% |
| 2026-09-09 | 44.66% |
| 2026-09-08 | 44.66% |
| 2026-09-04 | 44.66% |
| 2026-09-03 | 44.66% |
| 2026-09-02 | 44.67% |
| 2026-09-01 | 44.65% |
| 2026-08-31 | 44.65% |
| 2026-08-28 | 44.66% |
| 2026-08-27 | 44.66% |
| 2026-08-26 | 44.65% |
| 2026-08-25 | 44.66% |
| 2026-08-24 | 54.16% |
| 2026-08-21 | 42.99% |
| 2026-08-20 | 42.98% |
| 2026-08-19 | 42.99% |
| 2026-08-18 | 43.00% |
| 2026-08-17 | 43.00% |
| 2026-08-14 | 42.99% |
| 2026-08-13 | 43.00% |
| 2026-08-12 | 43.00% |
| 2026-08-11 | 42.98% |
| 2026-08-10 | 43.00% |
| 2026-08-07 | 42.99% |
| 2026-08-06 | 46.41% |
| 2026-08-05 | 46.41% |
| 2026-08-04 | 46.41% |
| 2026-08-03 | 46.42% |
| 2026-07-31 | 46.42% |
| 2026-07-30 | 46.41% |
| 2026-07-29 | 46.41% |
| 2026-07-28 | 46.40% |
| 2026-07-27 | 46.42% |
| 2026-07-24 | 46.42% |
| 2026-07-23 | 46.41% |
| 2026-07-22 | 46.41% |
| 2026-07-21 | 46.41% |
| 2026-07-20 | 46.41% |
| 2026-07-17 | 46.42% |
| 2026-07-16 | 46.41% |
| 2026-07-15 | 46.41% |
| 2026-07-14 | 46.41% |
| 2026-07-13 | 46.41% |
| 2026-07-10 | 46.42% |
| 2026-07-09 | 46.40% |
| 2026-07-08 | 46.40% |
| 2026-07-07 | 46.40% |
| 2026-07-06 | 46.40% |
| 2026-07-02 | 46.40% |
| 2026-07-01 | 46.40% |
| 2026-06-30 | 46.41% |
| 2026-06-29 | 46.41% |
| 2026-06-26 | 46.40% |
| 2026-06-25 | 46.40% |
| 2026-06-24 | 46.41% |
| 2026-06-23 | 46.41% |
| 2026-06-22 | 46.41% |
| 2026-06-18 | 46.40% |
| 2026-06-17 | 46.41% |
| 2026-06-16 | 46.41% |
| 2026-06-15 | 46.40% |
| 2026-06-12 | 46.41% |
| 2026-06-11 | 46.41% |
| 2026-06-10 | 46.41% |
| 2026-06-09 | 46.40% |
| 2026-06-08 | 46.40% |
| 2026-06-05 | 46.42% |
| 2026-06-04 | 46.40% |
| 2026-06-03 | 46.40% |
| 2026-06-02 | 46.42% |
| 2026-06-01 | 46.40% |
| 2026-05-29 | 46.41% |
| 2026-05-28 | 46.40% |
| 2026-05-27 | 46.41% |
| 2026-05-26 | 56.66% |
| 2026-05-22 | 44.62% |
| 2026-05-21 | 44.61% |
| 2026-05-20 | 44.62% |
| 2026-05-19 | 44.62% |
| 2026-05-18 | 44.62% |
| 2026-05-15 | 44.61% |
| 2026-05-14 | 44.62% |
| 2026-05-13 | 44.62% |
| 2026-05-12 | 44.61% |
| 2026-05-11 | 44.62% |
| 2026-05-08 | 44.61% |
| 2026-05-07 | 44.50% |
| 2026-05-06 | 44.51% |
| 2026-05-05 | 44.50% |
| 2026-05-04 | 44.50% |
| 2026-05-01 | 44.51% |
| 2026-04-30 | 44.51% |
| 2026-04-29 | 44.50% |
| 2026-04-28 | 44.50% |
| 2026-04-27 | 44.49% |
| 2026-04-24 | 44.51% |
| 2026-04-23 | 44.50% |
| 2026-04-22 | 44.51% |
| 2026-04-21 | 44.50% |
| 2026-04-20 | 44.50% |
| 2026-04-17 | 44.50% |
| 2026-04-16 | 44.51% |
| 2026-04-15 | 44.51% |
| 2026-04-14 | 44.50% |
| 2026-04-13 | 44.51% |
| 2026-04-10 | 44.51% |
| 2026-04-09 | 44.50% |
| 2026-04-08 | 44.50% |
| 2026-04-07 | 44.50% |
| 2026-04-06 | 44.50% |
| 2026-04-02 | 44.50% |
| 2026-04-01 | 44.50% |
| 2026-03-31 | 44.51% |
| 2026-03-30 | 44.50% |
| 2026-03-27 | 44.51% |
| 2026-03-26 | 44.50% |
| 2026-03-25 | 44.49% |
| 2026-03-24 | 44.49% |
| 2026-03-23 | 44.49% |
| 2026-03-20 | 44.51% |
| 2026-03-19 | 44.50% |
| 2026-03-18 | 44.50% |
| 2026-03-17 | 44.50% |
| 2026-03-16 | 44.51% |
| 2026-03-13 | 44.51% |
| 2026-03-12 | 44.51% |
| 2026-03-11 | 44.49% |
| 2026-03-10 | 44.51% |
| 2026-03-09 | 44.50% |
| 2026-03-06 | 44.50% |
| 2026-03-05 | 44.50% |
| 2026-03-04 | 44.50% |
| 2026-03-03 | 44.50% |
| 2026-03-02 | 44.50% |
| 2026-02-27 | 44.50% |
| 2026-02-26 | 44.50% |
| 2026-02-25 | 44.50% |
| 2026-02-24 | 44.50% |
| 2026-02-23 | 44.50% |
| 2026-02-20 | 32.48% |
| 2026-02-19 | 36.29% |
| 2026-02-18 | 36.29% |
| 2026-02-17 | 47.72% |
| 2026-02-13 | 47.72% |
| 2026-02-12 | 47.71% |
| 2026-02-11 | 47.71% |
| 2026-02-10 | 47.72% |
| 2026-02-09 | 47.72% |
| 2026-02-06 | 47.71% |
| 2026-02-05 | 47.71% |
| 2026-02-04 | 47.72% |
| 2026-02-03 | 47.71% |
| 2026-02-02 | 47.72% |
| 2026-01-30 | 47.72% |
| 2026-01-29 | 47.72% |
| 2026-01-28 | 47.72% |
| 2026-01-27 | 47.71% |
| 2026-01-26 | 47.71% |
| 2026-01-23 | 47.71% |
| 2026-01-22 | 47.71% |
| 2026-01-21 | 47.72% |
| 2026-01-20 | 47.72% |
| 2026-01-16 | 47.71% |
| 2026-01-15 | 47.72% |
| 2026-01-14 | 47.71% |
| 2026-01-13 | 47.72% |
| 2026-01-12 | 47.72% |
| 2026-01-09 | 47.71% |
| 2026-01-08 | 47.71% |
| 2026-01-07 | 47.72% |
| 2026-01-06 | 47.72% |
| 2026-01-05 | 47.72% |
| 2026-01-02 | 47.71% |
| 2025-12-31 | 47.71% |
| 2025-12-30 | 47.71% |
| 2025-12-29 | 47.72% |
| 2025-12-26 | 47.71% |
| 2025-12-24 | 47.72% |
| 2025-12-23 | 47.72% |
| 2025-12-22 | 47.71% |
| 2025-12-19 | 47.72% |
| 2025-12-18 | 47.71% |
| 2025-12-17 | 47.72% |
| 2025-12-16 | 47.72% |
| 2025-12-15 | 47.71% |
| 2025-12-12 | 47.72% |
| 2025-12-11 | 47.71% |
| 2025-12-10 | 47.72% |
| 2025-12-09 | 47.72% |
| 2025-12-08 | 47.72% |
| 2025-12-05 | 47.71% |
| 2025-12-04 | 47.71% |
| 2025-12-03 | 47.71% |
| 2025-12-02 | 47.72% |
| 2025-12-01 | 47.71% |
| 2025-11-28 | 34.29% |
| 2025-11-26 | 34.28% |
| 2025-11-25 | 34.29% |
| 2025-11-24 | 45.71% |
| 2025-11-21 | 45.72% |
| 2025-11-20 | 45.71% |
| 2025-11-19 | 45.71% |
| 2025-11-18 | 45.72% |
| 2025-11-17 | 45.72% |
| 2025-11-14 | 45.71% |
| 2025-11-13 | 45.72% |
| 2025-11-12 | 45.71% |
| 2025-11-11 | 45.71% |
| 2025-11-10 | 45.71% |
| 2025-11-07 | 45.72% |
| 2025-11-06 | 43.36% |
| 2025-11-05 | 43.35% |
| 2025-11-04 | 43.35% |
| 2025-11-03 | 43.35% |
| 2025-10-31 | 43.35% |
| 2025-10-30 | 43.37% |
| 2025-10-29 | 43.36% |
| 2025-10-28 | 43.36% |
| 2025-10-27 | 43.35% |
| 2025-10-24 | 43.36% |
| 2025-10-23 | 43.36% |
| 2025-10-22 | 43.36% |
| 2025-10-21 | 43.37% |
| 2025-10-20 | 43.36% |
| 2025-10-17 | 43.36% |
| 2025-10-16 | 43.37% |
| 2025-10-15 | 43.36% |
| 2025-10-14 | 43.36% |
| 2025-10-13 | 43.37% |
| 2025-10-10 | 43.36% |
| 2025-10-09 | 43.37% |
| 2025-10-08 | 43.36% |
| 2025-10-07 | 43.37% |
| 2025-10-06 | 43.36% |
| 2025-10-03 | 43.36% |
| 2025-10-02 | 43.37% |
| 2025-10-01 | 43.36% |
| 2025-09-30 | 43.36% |
| 2025-09-29 | 43.36% |
| 2025-09-26 | 43.37% |
| 2025-09-25 | 43.36% |
| 2025-09-24 | 43.36% |
| 2025-09-23 | 43.35% |
Showing the most recent 260 of 2,277 data points. The chart above shows the full history.
| $0.69 |
| 16.1% |
| 2019-12-31 | $3.88 | $0.17 | 4.3% |
| 2018-12-31 | $4.99 | $0.00 | 0.0% |
| 2017-12-31 | $3.54 | $0.00 | 0.0% |
| 2016-12-31 | $2.47 | $0.00 | 0.0% |
| 2015-12-31 | $1.84 | $0.00 | 0.0% |
| 2014-12-31 | $1.28 | $0.00 | 0.0% |
| 2013-12-31 | $1.00 | $0.00 | 0.0% |
| 2012-12-31 | $1.18 | $0.00 | 0.0% |
| 2011-12-31 | $0.39 | $0.00 | 0.0% |
| 2010-12-31 | $0.06 | $0.00 | 0.0% |
| 2009-12-31 | ($0.22) | $0.00 | N/A (Loss) |
| 2008-12-31 | ($3.97) | $0.00 | N/A (Loss) |
| 2007-12-31 | ($0.46) | $0.00 | N/A (Loss) |
| 2006-12-31 | $0.24 | $0.00 | 0.0% |
| 2005-12-31 | $0.13 | $0.00 | 0.0% |
| 2004-12-31 | $0.06 | $0.00 | 0.0% |
| 2003-12-31 | ($0.00) | $0.01 | N/A (Loss) |
| 2002-12-31 | $0.01 | $0.05 | 532.7% |
| 2001-12-31 | ($0.57) | $0.05 | N/A (Loss) |
| 2000-12-31 | ($0.40) | $0.05 | N/A (Loss) |
| 1999-12-31 | $0.58 | $0.05 | 8.2% |
| 1998-12-31 | $0.70 | $0.06 | 8.5% |
| 1997-12-31 | $0.62 | $0.04 | 5.7% |
| 1996-12-31 | $0.80 | $0.05 | 5.9% |
