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 26.68% is in line with its 5-year average of 28.05%, near the low end of its 5-year range (18.66%–65.59%).
As of Tuesday, September 8, 2026. 2.13% above its 12-month average of 26.12%.
Dividend Payout Ratio (26.68%) = TTM Dividends/Share ($7.60) / TTM EPS ($28.49)
DIVIDEND PAYOUT RATIO
26.68%
DIVIDEND PAYOUT RATIO AVG TTM
26.12%
DIVIDEND PAYOUT RATIO AVG 3Y
27.17%
DIVIDEND PAYOUT RATIO AVG 5Y
28.05%
DIVIDEND PAYOUT RATIO AVG 10Y
32.29%
DIVIDEND PAYOUT RATIO AVG 15Y
31.24%
DIVIDEND PAYOUT RATIO AVG 20Y
29.17%
CURRENT VS TTM AVG
+2.13%
CURRENT VS 3Y AVG
-1.82%
CURRENT VS 5Y AVG
-4.91%
CURRENT VS 10Y AVG
-17.39%
CURRENT VS 15Y AVG
-14.62%
CURRENT VS 20Y AVG
-8.57%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-06-30 | $28.89 | $7.40 | 25.6% |
| 2025-06-30 | $27.52 | $6.69 | 24.3% |
| 2024-06-30 | $22.13 | $6.07 | 27.4% |
| 2023-06-30 | $16.23 | $5.47 | 33.7% |
| 2022-06-30 | $10.24 | $4.42 | 43.2% |
| 2021-06-30 | $13.54 |
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 |
|---|---|
| 2026-09-08 | 26.68% |
| 2026-09-04 | 26.68% |
| 2026-09-03 | 26.67% |
| 2026-09-02 | 26.67% |
| 2026-09-01 | 33.00% |
| 2026-08-31 | 33.00% |
| 2026-08-28 | 25.98% |
| 2026-08-27 | 25.97% |
| 2026-08-26 | 25.98% |
| 2026-08-25 | 25.97% |
| 2026-08-24 | 25.97% |
| 2026-08-21 | 25.97% |
| 2026-08-20 | 27.31% |
| 2026-08-19 | 27.31% |
| 2026-08-18 | 27.30% |
| 2026-08-17 | 27.30% |
| 2026-08-14 | 27.31% |
| 2026-08-13 | 27.30% |
| 2026-08-12 | 27.31% |
| 2026-08-11 | 27.30% |
| 2026-08-10 | 27.30% |
| 2026-08-07 | 27.31% |
| 2026-08-06 | 27.31% |
| 2026-08-05 | 27.31% |
| 2026-08-04 | 27.31% |
| 2026-08-03 | 27.31% |
| 2026-07-31 | 27.30% |
| 2026-07-30 | 27.31% |
| 2026-07-29 | 27.30% |
| 2026-07-28 | 27.31% |
| 2026-07-27 | 27.30% |
| 2026-07-24 | 27.31% |
| 2026-07-23 | 27.30% |
| 2026-07-22 | 27.30% |
| 2026-07-21 | 27.31% |
| 2026-07-20 | 27.30% |
| 2026-07-17 | 27.30% |
| 2026-07-16 | 27.30% |
| 2026-07-15 | 27.30% |
| 2026-07-14 | 27.30% |
| 2026-07-13 | 27.30% |
| 2026-07-10 | 27.31% |
| 2026-07-09 | 27.30% |
| 2026-07-08 | 27.30% |
| 2026-07-07 | 27.30% |
| 2026-07-06 | 27.30% |
| 2026-07-02 | 27.31% |
| 2026-07-01 | 27.30% |
| 2026-06-30 | 27.30% |
| 2026-06-29 | 27.30% |
| 2026-06-26 | 27.30% |
| 2026-06-25 | 27.31% |
| 2026-06-24 | 27.30% |
| 2026-06-23 | 27.31% |
| 2026-06-22 | 27.30% |
| 2026-06-18 | 27.31% |
| 2026-06-17 | 27.31% |
| 2026-06-16 | 27.31% |
| 2026-06-15 | 27.31% |
| 2026-06-12 | 27.31% |
| 2026-06-11 | 27.31% |
| 2026-06-10 | 27.31% |
| 2026-06-09 | 27.30% |
| 2026-06-08 | 27.31% |
| 2026-06-05 | 27.31% |
| 2026-06-04 | 27.31% |
| 2026-06-03 | 27.30% |
| 2026-06-02 | 27.31% |
| 2026-06-01 | 27.31% |
| 2026-05-29 | 27.31% |
| 2026-05-28 | 27.31% |
| 2026-05-27 | 27.30% |
| 2026-05-26 | 27.31% |
| 2026-05-22 | 27.31% |
| 2026-05-21 | 27.31% |
| 2026-05-20 | 27.30% |
| 2026-05-19 | 27.31% |
| 2026-05-18 | 27.31% |
| 2026-05-15 | 27.30% |
| 2026-05-14 | 27.31% |
| 2026-05-13 | 27.31% |
| 2026-05-12 | 27.30% |
| 2026-05-11 | 27.30% |
| 2026-05-08 | 33.95% |
| 2026-05-07 | 26.57% |
| 2026-05-06 | 26.57% |
| 2026-05-05 | 26.57% |
| 2026-05-04 | 26.57% |
| 2026-05-01 | 26.56% |
| 2026-04-30 | 26.57% |
| 2026-04-29 | 26.27% |
| 2026-04-28 | 26.27% |
| 2026-04-27 | 26.27% |
| 2026-04-24 | 26.27% |
| 2026-04-23 | 26.27% |
| 2026-04-22 | 26.27% |
| 2026-04-21 | 26.27% |
| 2026-04-20 | 26.27% |
| 2026-04-17 | 26.26% |
| 2026-04-16 | 26.26% |
| 2026-04-15 | 26.27% |
| 2026-04-14 | 26.27% |
| 2026-04-13 | 26.27% |
| 2026-04-10 | 26.27% |
| 2026-04-09 | 26.27% |
| 2026-04-08 | 26.26% |
| 2026-04-07 | 26.27% |
| 2026-04-06 | 26.27% |
| 2026-04-02 | 26.27% |
| 2026-04-01 | 26.27% |
| 2026-03-31 | 26.27% |
| 2026-03-30 | 26.27% |
| 2026-03-27 | 26.27% |
| 2026-03-26 | 26.27% |
| 2026-03-25 | 26.27% |
| 2026-03-24 | 26.27% |
| 2026-03-23 | 26.27% |
| 2026-03-20 | 26.27% |
| 2026-03-19 | 26.27% |
| 2026-03-18 | 26.27% |
| 2026-03-17 | 26.27% |
| 2026-03-16 | 26.27% |
| 2026-03-13 | 26.26% |
| 2026-03-12 | 26.26% |
| 2026-03-11 | 26.27% |
| 2026-03-10 | 26.27% |
| 2026-03-09 | 26.27% |
| 2026-03-06 | 26.27% |
| 2026-03-05 | 26.27% |
| 2026-03-04 | 26.27% |
| 2026-03-03 | 26.27% |
| 2026-03-02 | 26.27% |
| 2026-02-27 | 26.27% |
| 2026-02-26 | 26.27% |
| 2026-02-25 | 26.27% |
| 2026-02-24 | 26.27% |
| 2026-02-23 | 26.27% |
| 2026-02-20 | 26.26% |
| 2026-02-19 | 26.27% |
| 2026-02-18 | 26.27% |
| 2026-02-17 | 26.27% |
| 2026-02-13 | 26.27% |
| 2026-02-12 | 26.26% |
| 2026-02-11 | 26.27% |
| 2026-02-10 | 26.27% |
| 2026-02-09 | 26.27% |
| 2026-02-06 | 32.22% |
| 2026-02-05 | 25.65% |
| 2026-02-04 | 25.65% |
| 2026-02-03 | 25.65% |
| 2026-02-02 | 25.65% |
| 2026-01-30 | 25.65% |
| 2026-01-29 | 25.05% |
| 2026-01-28 | 25.05% |
| 2026-01-27 | 25.05% |
| 2026-01-26 | 25.05% |
| 2026-01-23 | 25.05% |
| 2026-01-22 | 25.05% |
| 2026-01-21 | 25.05% |
| 2026-01-20 | 25.06% |
| 2026-01-16 | 25.05% |
| 2026-01-15 | 25.05% |
| 2026-01-14 | 25.05% |
| 2026-01-13 | 25.05% |
| 2026-01-12 | 25.06% |
| 2026-01-09 | 25.05% |
| 2026-01-08 | 25.05% |
| 2026-01-07 | 25.05% |
| 2026-01-06 | 25.05% |
| 2026-01-05 | 25.05% |
| 2026-01-02 | 25.05% |
| 2025-12-31 | 25.05% |
| 2025-12-30 | 25.06% |
| 2025-12-29 | 25.06% |
| 2025-12-26 | 25.05% |
| 2025-12-24 | 25.06% |
| 2025-12-23 | 25.06% |
| 2025-12-22 | 25.05% |
| 2025-12-19 | 25.06% |
| 2025-12-18 | 25.05% |
| 2025-12-17 | 25.05% |
| 2025-12-16 | 25.06% |
| 2025-12-15 | 25.06% |
| 2025-12-12 | 25.05% |
| 2025-12-11 | 25.05% |
| 2025-12-10 | 25.05% |
| 2025-12-09 | 25.05% |
| 2025-12-08 | 25.05% |
| 2025-12-05 | 25.05% |
| 2025-12-04 | 25.06% |
| 2025-12-03 | 25.06% |
| 2025-12-02 | 25.05% |
| 2025-12-01 | 25.05% |
| 2025-11-28 | 25.05% |
| 2025-11-26 | 25.05% |
| 2025-11-25 | 25.05% |
| 2025-11-24 | 25.06% |
| 2025-11-21 | 25.05% |
| 2025-11-20 | 25.05% |
| 2025-11-19 | 25.06% |
| 2025-11-18 | 25.06% |
| 2025-11-17 | 25.06% |
| 2025-11-14 | 25.05% |
| 2025-11-13 | 25.05% |
| 2025-11-12 | 25.06% |
| 2025-11-11 | 25.05% |
| 2025-11-10 | 25.05% |
| 2025-11-07 | 30.86% |
| 2025-11-06 | 25.31% |
| 2025-11-05 | 25.31% |
| 2025-11-04 | 25.31% |
| 2025-11-03 | 25.30% |
| 2025-10-31 | 25.31% |
| 2025-10-30 | 25.30% |
| 2025-10-29 | 25.31% |
| 2025-10-28 | 25.30% |
| 2025-10-27 | 25.31% |
| 2025-10-24 | 25.31% |
| 2025-10-23 | 25.30% |
| 2025-10-22 | 25.31% |
| 2025-10-21 | 25.30% |
| 2025-10-20 | 25.31% |
| 2025-10-17 | 25.30% |
| 2025-10-16 | 25.31% |
| 2025-10-15 | 25.31% |
| 2025-10-14 | 25.31% |
| 2025-10-13 | 25.31% |
| 2025-10-10 | 25.31% |
| 2025-10-09 | 25.30% |
| 2025-10-08 | 25.31% |
| 2025-10-07 | 25.30% |
| 2025-10-06 | 25.30% |
| 2025-10-03 | 25.30% |
| 2025-10-02 | 25.31% |
| 2025-10-01 | 25.31% |
| 2025-09-30 | 25.31% |
| 2025-09-29 | 25.31% |
| 2025-09-26 | 25.30% |
| 2025-09-25 | 25.30% |
| 2025-09-24 | 25.30% |
| 2025-09-23 | 25.30% |
| 2025-09-22 | 25.30% |
| 2025-09-19 | 25.30% |
| 2025-09-18 | 25.31% |
| 2025-09-17 | 25.30% |
| 2025-09-16 | 25.30% |
| 2025-09-15 | 25.30% |
| 2025-09-12 | 25.31% |
| 2025-09-11 | 25.30% |
| 2025-09-10 | 25.31% |
| 2025-09-09 | 25.31% |
| 2025-09-08 | 25.30% |
| 2025-09-05 | 25.30% |
| 2025-09-04 | 25.30% |
| 2025-09-03 | 25.30% |
| 2025-09-02 | 25.30% |
| 2025-08-29 | 18.66% |
| 2025-08-28 | 18.67% |
| 2025-08-27 | 24.67% |
| 2025-08-26 | 24.68% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| $3.67 |
| 27.1% |
| 2020-06-30 | $9.39 | $3.52 | 37.5% |
| 2019-06-30 | $11.63 | $3.16 | 27.2% |
| 2018-06-30 | $7.98 | $2.74 | 34.3% |
| 2017-06-30 | $7.37 | $2.58 | 35.0% |
| 2016-06-30 | $5.96 | $2.52 | 42.3% |
| 2015-06-30 | $7.08 | $2.37 | 33.5% |
| 2014-06-30 | $6.98 | $1.86 | 26.6% |
| 2013-06-30 | $6.36 | $1.70 | 26.7% |
| 2012-06-30 | $7.62 | $1.54 | 20.2% |
| 2011-06-30 | $6.51 | $1.25 | 19.2% |
| 2010-06-30 | $3.44 | $1.01 | 29.4% |
| 2009-06-30 | $3.15 | $1.00 | 31.7% |
| 2008-06-30 | $5.64 | $0.84 | 14.9% |
| 2007-06-30 | $4.75 | $0.69 | 14.6% |
| 2006-06-30 | $3.77 | $0.61 | 16.3% |
| 2005-06-30 | $3.39 | $0.52 | 15.3% |
| 2004-06-30 | $1.96 | $0.51 | 25.9% |
| 2003-06-30 | $1.13 | $0.49 | 43.7% |
| 2002-06-30 | $0.75 | $0.48 | 64.0% |
| 2001-06-30 | $1.99 | $0.47 | 23.5% |
| 2000-06-30 | $2.23 | $0.45 | 20.3% |
| 1999-06-30 | $1.90 | $0.43 | 22.5% |
| 1998-06-30 | $1.92 | $0.37 | 19.1% |
| 1997-06-30 | $1.64 | $0.34 | 20.6% |
