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 45.69% is in line with its 5-year average of 44.97%, near the low end of its 5-year range (10.32%–134.83%).
As of Tuesday, July 28, 2026. 12.00% below its 12-month average of 51.92%.
Dividend Payout Ratio (45.69%) = TTM Dividends/Share ($3.19) / TTM EPS ($6.98)
DIVIDEND PAYOUT RATIO
45.69%
DIVIDEND PAYOUT RATIO AVG TTM
51.92%
DIVIDEND PAYOUT RATIO AVG 3Y
51.09%
DIVIDEND PAYOUT RATIO AVG 5Y
45.68%
DIVIDEND PAYOUT RATIO AVG 10Y
43.31%
DIVIDEND PAYOUT RATIO AVG 15Y
40.06%
DIVIDEND PAYOUT RATIO AVG 20Y
36.14%
CURRENT VS TTM AVG
-12.00%
CURRENT VS 3Y AVG
-10.57%
CURRENT VS 5Y AVG
+0.03%
CURRENT VS 10Y AVG
+5.50%
CURRENT VS 15Y AVG
+14.06%
CURRENT VS 20Y AVG
+26.43%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $5.32 | $3.08 | 57.9% |
| 2024 | $6.77 | $2.85 | 42.1% |
| 2023 | $2.58 | $2.60 | 100.8% |
| 2022 | $18.94 | $2.56 | 13.5% |
| 2021 | $5.87 | $2.44 | 41.6% |
| 2020 | $5.08 | $2.24 |
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 |
|---|---|
| 2026-07-27 | 45.69% |
| 2026-07-24 | 45.69% |
| 2026-07-23 | 45.72% |
| 2026-07-22 | 45.71% |
| 2026-07-21 | 45.71% |
| 2026-07-20 | 45.69% |
| 2026-07-17 | 45.72% |
| 2026-07-16 | 45.71% |
| 2026-07-15 | 45.69% |
| 2026-07-14 | 45.71% |
| 2026-07-13 | 45.71% |
| 2026-07-10 | 45.71% |
| 2026-07-09 | 45.71% |
| 2026-07-08 | 45.72% |
| 2026-07-07 | 45.70% |
| 2026-07-06 | 45.69% |
| 2026-07-02 | 45.69% |
| 2026-07-01 | 45.71% |
| 2026-06-30 | 45.70% |
| 2026-06-29 | 45.71% |
| 2026-06-26 | 45.71% |
| 2026-06-25 | 45.71% |
| 2026-06-24 | 45.71% |
| 2026-06-23 | 45.71% |
| 2026-06-22 | 45.71% |
| 2026-06-18 | 45.71% |
| 2026-06-17 | 45.70% |
| 2026-06-16 | 45.71% |
| 2026-06-15 | 45.69% |
| 2026-06-12 | 45.70% |
| 2026-06-11 | 45.69% |
| 2026-06-10 | 45.71% |
| 2026-06-09 | 45.70% |
| 2026-06-08 | 45.71% |
| 2026-06-05 | 45.69% |
| 2026-06-04 | 45.70% |
| 2026-06-03 | 45.71% |
| 2026-06-02 | 45.70% |
| 2026-06-01 | 56.58% |
| 2026-05-29 | 44.86% |
| 2026-05-28 | 44.84% |
| 2026-05-27 | 44.84% |
| 2026-05-26 | 44.84% |
| 2026-05-22 | 44.85% |
| 2026-05-21 | 44.85% |
| 2026-05-20 | 44.84% |
| 2026-05-19 | 44.84% |
| 2026-05-18 | 44.84% |
| 2026-05-15 | 44.83% |
| 2026-05-14 | 44.85% |
| 2026-05-13 | 44.85% |
| 2026-05-12 | 44.85% |
| 2026-05-11 | 44.83% |
| 2026-05-08 | 44.85% |
| 2026-05-07 | 44.84% |
| 2026-05-06 | 44.85% |
| 2026-05-05 | 44.84% |
| 2026-05-04 | 44.84% |
| 2026-05-01 | 44.83% |
| 2026-04-30 | 44.85% |
| 2026-04-29 | 44.83% |
| 2026-04-28 | 59.50% |
| 2026-04-27 | 59.50% |
| 2026-04-24 | 59.52% |
| 2026-04-23 | 59.50% |
| 2026-04-22 | 59.50% |
| 2026-04-21 | 59.51% |
| 2026-04-20 | 59.52% |
| 2026-04-17 | 59.50% |
| 2026-04-16 | 59.52% |
| 2026-04-15 | 59.51% |
| 2026-04-14 | 59.51% |
| 2026-04-13 | 59.52% |
| 2026-04-10 | 59.50% |
| 2026-04-09 | 59.50% |
| 2026-04-08 | 59.51% |
| 2026-04-07 | 59.50% |
| 2026-04-06 | 59.50% |
| 2026-04-02 | 59.51% |
| 2026-04-01 | 59.52% |
| 2026-03-31 | 59.50% |
| 2026-03-30 | 59.49% |
| 2026-03-27 | 59.50% |
| 2026-03-26 | 59.51% |
| 2026-03-25 | 59.52% |
| 2026-03-24 | 59.52% |
| 2026-03-23 | 59.49% |
| 2026-03-20 | 59.49% |
| 2026-03-19 | 59.50% |
| 2026-03-18 | 59.51% |
| 2026-03-17 | 59.51% |
| 2026-03-16 | 59.52% |
| 2026-03-13 | 59.51% |
| 2026-03-12 | 59.52% |
| 2026-03-11 | 73.77% |
| 2026-03-10 | 58.56% |
| 2026-03-09 | 58.57% |
| 2026-03-06 | 58.56% |
| 2026-03-05 | 58.57% |
| 2026-03-04 | 58.57% |
| 2026-03-03 | 58.56% |
| 2026-03-02 | 58.56% |
| 2026-02-27 | 58.55% |
| 2026-02-26 | 58.57% |
| 2026-02-25 | 58.56% |
| 2026-02-24 | 58.55% |
| 2026-02-23 | 58.55% |
| 2026-02-20 | 58.57% |
| 2026-02-19 | 58.56% |
| 2026-02-18 | 58.57% |
| 2026-02-17 | 44.90% |
| 2026-02-13 | 44.91% |
| 2026-02-12 | 44.88% |
| 2026-02-11 | 44.90% |
| 2026-02-10 | 44.90% |
| 2026-02-09 | 44.89% |
| 2026-02-06 | 44.90% |
| 2026-02-05 | 44.89% |
| 2026-02-04 | 44.89% |
| 2026-02-03 | 44.90% |
| 2026-02-02 | 44.88% |
| 2026-01-30 | 44.91% |
| 2026-01-29 | 44.89% |
| 2026-01-28 | 44.90% |
| 2026-01-27 | 44.88% |
| 2026-01-26 | 44.91% |
| 2026-01-23 | 44.91% |
| 2026-01-22 | 44.89% |
| 2026-01-21 | 44.90% |
| 2026-01-20 | 44.91% |
| 2026-01-16 | 44.91% |
| 2026-01-15 | 44.89% |
| 2026-01-14 | 44.91% |
| 2026-01-13 | 44.91% |
| 2026-01-12 | 44.90% |
| 2026-01-09 | 44.89% |
| 2026-01-08 | 44.89% |
| 2026-01-07 | 44.91% |
| 2026-01-06 | 44.89% |
| 2026-01-05 | 44.88% |
| 2026-01-02 | 44.88% |
| 2025-12-31 | 44.90% |
| 2025-12-30 | 44.90% |
| 2025-12-29 | 44.90% |
| 2025-12-26 | 44.90% |
| 2025-12-24 | 44.90% |
| 2025-12-23 | 44.90% |
| 2025-12-22 | 44.90% |
| 2025-12-19 | 44.91% |
| 2025-12-18 | 44.89% |
| 2025-12-17 | 44.91% |
| 2025-12-16 | 44.89% |
| 2025-12-15 | 44.89% |
| 2025-12-12 | 44.90% |
| 2025-12-11 | 44.88% |
| 2025-12-10 | 44.89% |
| 2025-12-09 | 44.90% |
| 2025-12-08 | 44.88% |
| 2025-12-05 | 44.90% |
| 2025-12-04 | 44.91% |
| 2025-12-03 | 44.91% |
| 2025-12-02 | 33.38% |
| 2025-12-01 | 44.02% |
| 2025-11-28 | 44.01% |
| 2025-11-26 | 44.01% |
| 2025-11-25 | 44.04% |
| 2025-11-24 | 44.04% |
| 2025-11-21 | 44.03% |
| 2025-11-20 | 44.04% |
| 2025-11-19 | 44.04% |
| 2025-11-18 | 44.02% |
| 2025-11-17 | 44.03% |
| 2025-11-14 | 44.01% |
| 2025-11-13 | 44.04% |
| 2025-11-12 | 44.03% |
| 2025-11-11 | 44.02% |
| 2025-11-10 | 44.01% |
| 2025-11-07 | 44.03% |
| 2025-11-06 | 44.03% |
| 2025-11-05 | 44.02% |
| 2025-11-04 | 44.02% |
| 2025-11-03 | 44.02% |
| 2025-10-31 | 44.02% |
| 2025-10-30 | 44.02% |
| 2025-10-29 | 44.04% |
| 2025-10-28 | 60.77% |
| 2025-10-27 | 60.76% |
| 2025-10-24 | 60.76% |
| 2025-10-23 | 60.75% |
| 2025-10-22 | 60.75% |
| 2025-10-21 | 60.75% |
| 2025-10-20 | 60.77% |
| 2025-10-17 | 60.76% |
| 2025-10-16 | 60.75% |
| 2025-10-15 | 60.77% |
| 2025-10-14 | 60.78% |
| 2025-10-13 | 60.76% |
| 2025-10-10 | 60.77% |
| 2025-10-09 | 60.77% |
| 2025-10-08 | 60.75% |
| 2025-10-07 | 60.75% |
| 2025-10-06 | 60.77% |
| 2025-10-03 | 60.77% |
| 2025-10-02 | 60.75% |
| 2025-10-01 | 60.77% |
| 2025-09-30 | 60.76% |
| 2025-09-29 | 60.75% |
| 2025-09-26 | 60.75% |
| 2025-09-25 | 60.77% |
| 2025-09-24 | 60.78% |
| 2025-09-23 | 60.77% |
| 2025-09-22 | 60.76% |
| 2025-09-19 | 60.76% |
| 2025-09-18 | 60.75% |
| 2025-09-17 | 60.77% |
| 2025-09-16 | 60.75% |
| 2025-09-15 | 60.76% |
| 2025-09-12 | 60.77% |
| 2025-09-11 | 60.78% |
| 2025-09-10 | 60.76% |
| 2025-09-09 | 60.76% |
| 2025-09-08 | 60.77% |
| 2025-09-05 | 60.75% |
| 2025-09-04 | 75.26% |
| 2025-09-03 | 59.55% |
| 2025-09-02 | 59.54% |
| 2025-08-29 | 59.56% |
| 2025-08-28 | 59.55% |
| 2025-08-27 | 59.57% |
| 2025-08-26 | 59.57% |
| 2025-08-25 | 59.55% |
| 2025-08-22 | 59.55% |
| 2025-08-21 | 59.56% |
| 2025-08-20 | 59.56% |
| 2025-08-19 | 59.54% |
| 2025-08-18 | 59.54% |
| 2025-08-15 | 59.55% |
| 2025-08-14 | 59.55% |
| 2025-08-13 | 59.55% |
| 2025-08-12 | 59.55% |
| 2025-08-11 | 59.56% |
| 2025-08-08 | 59.56% |
| 2025-08-07 | 59.55% |
| 2025-08-06 | 59.54% |
| 2025-08-05 | 59.57% |
| 2025-08-04 | 59.57% |
| 2025-08-01 | 59.57% |
| 2025-07-31 | 59.56% |
| 2025-07-30 | 59.56% |
| 2025-07-29 | 63.38% |
| 2025-07-28 | 63.37% |
| 2025-07-25 | 63.40% |
| 2025-07-24 | 63.38% |
| 2025-07-23 | 63.39% |
| 2025-07-22 | 63.37% |
| 2025-07-21 | 63.38% |
| 2025-07-18 | 63.39% |
| 2025-07-17 | 63.39% |
| 2025-07-16 | 63.38% |
| 2025-07-15 | 63.39% |
Showing the most recent 260 of 2,612 data points. The chart above shows the full history.
| 44.1% |
| 2019 | $5.00 | $2.18 | 43.6% |
| 2018 | $5.41 | $2.10 | 38.8% |
| 2017 | $8.00 | $1.87 | 23.4% |
| 2016 | $4.55 | $1.61 | 35.4% |
| 2015 | $4.11 | $1.50 | 36.5% |
| 2014 | $3.70 | $1.28 | 34.6% |
| 2013 | $2.99 | $0.98 | 32.8% |
| 2012 | $2.60 | $0.78 | 30.0% |
| 2011 | $1.92 | $0.70 | 36.5% |
| 2010 | $2.08 | $0.55 | 26.4% |
| 2009 | $1.98 | $0.50 | 25.3% |
| 2008 | $1.64 | $0.45 | 27.4% |
| 2007 | $3.12 | $0.90 | 28.8% |
| 2006 | $3.78 | $0.80 | 21.2% |
| 2005 | $3.13 | $0.65 | 20.8% |
| 2004 | $2.64 | $0.55 | 20.8% |
| 2003 | $2.29 | $0.45 | 19.7% |
| 2002 | $0.41 | $0.25 | 61.0% |
| 2001 | $0.99 | $0.00 | 0.0% |
| 2000 | $1.72 | $0.00 | 0.0% |
