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 50.14% is in line with its 5-year average of 52.32%, near the low end of its 5-year range (37.40%–86.49%).
As of Monday, October 5, 2026. 7.65% below its 12-month average of 54.30%.
Dividend Payout Ratio (50.14%) = TTM Dividends/Share ($1.66) / TTM EPS ($3.31)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
50.14%
DIVIDEND PAYOUT RATIO AVG TTM
54.30%
DIVIDEND PAYOUT RATIO AVG 3Y
50.96%
DIVIDEND PAYOUT RATIO AVG 5Y
52.32%
DIVIDEND PAYOUT RATIO AVG 10Y
49.97%
DIVIDEND PAYOUT RATIO AVG 15Y
47.28%
DIVIDEND PAYOUT RATIO AVG 20Y
49.88%
CURRENT VS TTM AVG
-7.65%
CURRENT VS 3Y AVG
-1.61%
CURRENT VS 5Y AVG
-4.15%
CURRENT VS 10Y AVG
+0.34%
CURRENT VS 15Y AVG
+6.05%
CURRENT VS 20Y AVG
+0.52%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $3.03 | $1.63 | 53.8% |
| 2024-12-31 | $3.34 | $1.59 | 47.6% |
| 2023-12-31 | $3.46 | $1.55 | 44.8% |
| 2022-12-31 | $3.61 | $1.50 | 41.6% |
| 2021-12-31 | $2.17 | $1.43 | 65.9% |
| 2020-12-31 | $1.74 |
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 | 50.14% |
| 2026-10-02 | 50.14% |
| 2026-10-01 | 50.17% |
| 2026-09-30 | 50.13% |
| 2026-09-29 | 50.14% |
| 2026-09-28 | 50.17% |
| 2026-09-25 | 50.16% |
| 2026-09-24 | 50.14% |
| 2026-09-23 | 50.15% |
| 2026-09-22 | 50.13% |
| 2026-09-21 | 50.13% |
| 2026-09-18 | 50.15% |
| 2026-09-17 | 50.16% |
| 2026-09-16 | 50.16% |
| 2026-09-15 | 50.17% |
| 2026-09-14 | 50.15% |
| 2026-09-11 | 50.16% |
| 2026-09-10 | 50.14% |
| 2026-09-09 | 50.16% |
| 2026-09-08 | 50.15% |
| 2026-09-04 | 50.14% |
| 2026-09-03 | 50.14% |
| 2026-09-02 | 50.14% |
| 2026-09-01 | 50.15% |
| 2026-08-31 | 50.13% |
| 2026-08-28 | 50.14% |
| 2026-08-27 | 50.14% |
| 2026-08-26 | 50.13% |
| 2026-08-25 | 50.14% |
| 2026-08-24 | 50.15% |
| 2026-08-21 | 50.14% |
| 2026-08-20 | 50.17% |
| 2026-08-19 | 50.14% |
| 2026-08-18 | 50.14% |
| 2026-08-17 | 50.16% |
| 2026-08-14 | 50.14% |
| 2026-08-13 | 50.14% |
| 2026-08-12 | 50.15% |
| 2026-08-11 | 50.16% |
| 2026-08-10 | 50.14% |
| 2026-08-07 | 50.17% |
| 2026-08-06 | 50.17% |
| 2026-08-05 | 50.16% |
| 2026-08-04 | 50.14% |
| 2026-08-03 | 62.54% |
| 2026-07-31 | 49.86% |
| 2026-07-30 | 52.88% |
| 2026-07-29 | 52.88% |
| 2026-07-28 | 52.90% |
| 2026-07-27 | 52.88% |
| 2026-07-24 | 52.89% |
| 2026-07-23 | 52.90% |
| 2026-07-22 | 52.87% |
| 2026-07-21 | 52.88% |
| 2026-07-20 | 52.91% |
| 2026-07-17 | 52.91% |
| 2026-07-16 | 52.87% |
| 2026-07-15 | 52.90% |
| 2026-07-14 | 52.88% |
| 2026-07-13 | 52.88% |
| 2026-07-10 | 52.87% |
| 2026-07-09 | 52.90% |
| 2026-07-08 | 52.87% |
| 2026-07-07 | 52.87% |
| 2026-07-06 | 52.87% |
| 2026-07-02 | 52.90% |
| 2026-07-01 | 52.88% |
| 2026-06-30 | 52.88% |
| 2026-06-29 | 52.87% |
| 2026-06-26 | 52.89% |
| 2026-06-25 | 52.89% |
| 2026-06-24 | 52.90% |
| 2026-06-23 | 52.91% |
| 2026-06-22 | 52.88% |
| 2026-06-18 | 52.87% |
| 2026-06-17 | 52.88% |
| 2026-06-16 | 52.87% |
| 2026-06-15 | 52.87% |
| 2026-06-12 | 52.88% |
| 2026-06-11 | 52.90% |
| 2026-06-10 | 52.90% |
| 2026-06-09 | 52.87% |
| 2026-06-08 | 52.90% |
| 2026-06-05 | 52.87% |
| 2026-06-04 | 52.88% |
| 2026-06-03 | 52.87% |
| 2026-06-02 | 52.91% |
| 2026-06-01 | 52.89% |
| 2026-05-29 | 52.90% |
| 2026-05-28 | 52.90% |
| 2026-05-27 | 52.89% |
| 2026-05-26 | 52.89% |
| 2026-05-22 | 52.88% |
| 2026-05-21 | 52.90% |
| 2026-05-20 | 52.87% |
| 2026-05-19 | 52.86% |
| 2026-05-18 | 52.90% |
| 2026-05-15 | 52.90% |
| 2026-05-14 | 52.89% |
| 2026-05-13 | 52.90% |
| 2026-05-12 | 52.87% |
| 2026-05-11 | 52.88% |
| 2026-05-08 | 52.88% |
| 2026-05-07 | 52.90% |
| 2026-05-06 | 52.90% |
| 2026-05-05 | 52.87% |
| 2026-05-04 | 66.05% |
| 2026-05-01 | 52.57% |
| 2026-04-30 | 54.87% |
| 2026-04-29 | 54.84% |
| 2026-04-28 | 54.85% |
| 2026-04-27 | 54.86% |
| 2026-04-24 | 54.83% |
| 2026-04-23 | 54.87% |
| 2026-04-22 | 54.83% |
| 2026-04-21 | 54.83% |
| 2026-04-20 | 54.86% |
| 2026-04-17 | 54.84% |
| 2026-04-16 | 54.86% |
| 2026-04-15 | 54.86% |
| 2026-04-14 | 54.84% |
| 2026-04-13 | 54.86% |
| 2026-04-10 | 54.83% |
| 2026-04-09 | 54.86% |
| 2026-04-08 | 54.86% |
| 2026-04-07 | 54.86% |
| 2026-04-06 | 54.84% |
| 2026-04-02 | 54.85% |
| 2026-04-01 | 54.85% |
| 2026-03-31 | 54.83% |
| 2026-03-30 | 54.83% |
| 2026-03-27 | 54.85% |
| 2026-03-26 | 54.87% |
| 2026-03-25 | 54.84% |
| 2026-03-24 | 54.84% |
| 2026-03-23 | 54.84% |
| 2026-03-20 | 54.86% |
| 2026-03-19 | 54.84% |
| 2026-03-18 | 54.82% |
| 2026-03-17 | 54.86% |
| 2026-03-16 | 54.84% |
| 2026-03-13 | 54.86% |
| 2026-03-12 | 54.84% |
| 2026-03-11 | 54.86% |
| 2026-03-10 | 54.84% |
| 2026-03-09 | 54.87% |
| 2026-03-06 | 54.87% |
| 2026-03-05 | 54.85% |
| 2026-03-04 | 54.85% |
| 2026-03-03 | 54.83% |
| 2026-03-02 | 54.87% |
| 2026-02-27 | 54.84% |
| 2026-02-26 | 57.37% |
| 2026-02-25 | 57.34% |
| 2026-02-24 | 57.32% |
| 2026-02-23 | 57.34% |
| 2026-02-20 | 57.35% |
| 2026-02-19 | 57.33% |
| 2026-02-18 | 57.36% |
| 2026-02-17 | 57.32% |
| 2026-02-13 | 57.32% |
| 2026-02-12 | 57.37% |
| 2026-02-11 | 57.32% |
| 2026-02-10 | 57.35% |
| 2026-02-09 | 57.36% |
| 2026-02-06 | 57.34% |
| 2026-02-05 | 57.32% |
| 2026-02-04 | 57.34% |
| 2026-02-03 | 57.35% |
| 2026-02-02 | 71.36% |
| 2026-01-30 | 56.99% |
| 2026-01-29 | 56.97% |
| 2026-01-28 | 56.99% |
| 2026-01-27 | 57.00% |
| 2026-01-26 | 56.97% |
| 2026-01-23 | 57.00% |
| 2026-01-22 | 57.02% |
| 2026-01-21 | 56.98% |
| 2026-01-20 | 57.00% |
| 2026-01-16 | 56.98% |
| 2026-01-15 | 56.97% |
| 2026-01-14 | 57.01% |
| 2026-01-13 | 57.02% |
| 2026-01-12 | 57.00% |
| 2026-01-09 | 56.99% |
| 2026-01-08 | 57.01% |
| 2026-01-07 | 56.98% |
| 2026-01-06 | 56.99% |
| 2026-01-05 | 56.99% |
| 2026-01-02 | 57.02% |
| 2025-12-31 | 56.99% |
| 2025-12-30 | 56.99% |
| 2025-12-29 | 56.98% |
| 2025-12-26 | 56.97% |
| 2025-12-24 | 56.97% |
| 2025-12-23 | 56.98% |
| 2025-12-22 | 57.00% |
| 2025-12-19 | 57.01% |
| 2025-12-18 | 56.98% |
| 2025-12-17 | 57.01% |
| 2025-12-16 | 57.00% |
| 2025-12-15 | 57.00% |
| 2025-12-12 | 57.01% |
| 2025-12-11 | 56.99% |
| 2025-12-10 | 56.97% |
| 2025-12-09 | 57.01% |
| 2025-12-08 | 56.99% |
| 2025-12-05 | 56.99% |
| 2025-12-04 | 56.98% |
| 2025-12-03 | 57.00% |
| 2025-12-02 | 57.00% |
| 2025-12-01 | 57.01% |
| 2025-11-28 | 56.99% |
| 2025-11-26 | 57.01% |
| 2025-11-25 | 57.00% |
| 2025-11-24 | 56.99% |
| 2025-11-21 | 56.98% |
| 2025-11-20 | 57.00% |
| 2025-11-19 | 56.97% |
| 2025-11-18 | 57.00% |
| 2025-11-17 | 56.99% |
| 2025-11-14 | 56.99% |
| 2025-11-13 | 57.00% |
| 2025-11-12 | 57.02% |
| 2025-11-11 | 57.00% |
| 2025-11-10 | 57.00% |
| 2025-11-07 | 56.98% |
| 2025-11-06 | 57.02% |
| 2025-11-05 | 56.99% |
| 2025-11-04 | 56.97% |
| 2025-11-03 | 56.62% |
| 2025-10-31 | 56.64% |
| 2025-10-30 | 55.46% |
| 2025-10-29 | 55.47% |
| 2025-10-28 | 55.50% |
| 2025-10-27 | 55.46% |
| 2025-10-24 | 55.47% |
| 2025-10-23 | 55.47% |
| 2025-10-22 | 55.48% |
| 2025-10-21 | 55.46% |
| 2025-10-20 | 55.49% |
| 2025-10-17 | 55.48% |
| 2025-10-16 | 55.50% |
| 2025-10-15 | 55.48% |
| 2025-10-14 | 55.47% |
| 2025-10-13 | 55.46% |
| 2025-10-10 | 55.49% |
| 2025-10-09 | 55.46% |
| 2025-10-08 | 55.46% |
| 2025-10-07 | 55.46% |
| 2025-10-06 | 55.50% |
| 2025-10-03 | 55.48% |
| 2025-10-02 | 55.49% |
| 2025-10-01 | 55.45% |
| 2025-09-30 | 55.48% |
| 2025-09-29 | 55.46% |
| 2025-09-26 | 55.49% |
| 2025-09-25 | 55.48% |
| 2025-09-24 | 55.48% |
| 2025-09-23 | 55.46% |
Showing the most recent 260 of 2,551 data points. The chart above shows the full history.
| $1.37 |
| 78.7% |
| 2019-12-31 | $2.67 | $1.32 | 49.4% |
| 2018-12-31 | $2.44 | $1.12 | 45.9% |
| 2017-12-31 | $2.12 | $0.84 | 39.6% |
| 2016-12-31 | $1.72 | $0.64 | 37.2% |
| 2015-12-31 | $0.62 | $0.60 | 96.8% |
| 2014-12-31 | $1.36 | $0.60 | 44.1% |
| 2013-12-31 | $1.65 | $0.52 | 31.3% |
| 2012-12-31 | $1.92 | $0.44 | 22.9% |
| 2011-12-31 | $1.07 | $0.27 | 25.5% |
| 2010-12-31 | $0.34 | $0.36 | 107.0% |
| 2009-12-31 | $0.22 | $0.60 | 272.7% |
| 2008-12-31 | $0.72 | $0.85 | 117.7% |
| 2007-12-31 | $1.75 | $0.88 | 50.3% |
| 2006-12-31 | $2.03 | $0.75 | 37.2% |
| 2005-12-31 | $1.96 | $0.71 | 36.2% |
| 2004-12-31 | $1.74 | $0.65 | 37.6% |
| 2003-12-31 | $1.56 | $0.59 | 37.6% |
| 2002-12-31 | $2.25 | $0.51 | 22.6% |
| 2001-12-31 | $1.29 | $0.48 | 36.9% |
| 2000-12-31 | $1.22 | $0.39 | 32.1% |
| 1999-12-31 | $1.12 | $0.35 | 31.1% |
| 1998-12-31 | $0.94 | $0.31 | 33.1% |
| 1997-12-31 | $1.08 | $0.29 | 27.0% |
| 1996-12-31 | $0.95 | $0.25 | 26.3% |
