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 68.18% is 28% above its 5-year average of 53.30%, near the high end of its 5-year range (30.06%–78.53%).
As of Saturday, August 8, 2026. 22.15% above its 12-month average of 55.82%.
Dividend Payout Ratio (68.18%) = TTM Dividends/Share ($5.25) / TTM EPS ($7.70)
DIVIDEND PAYOUT RATIO
68.18%
DIVIDEND PAYOUT RATIO AVG TTM
55.82%
DIVIDEND PAYOUT RATIO AVG 3Y
56.49%
DIVIDEND PAYOUT RATIO AVG 5Y
53.35%
DIVIDEND PAYOUT RATIO AVG 10Y
50.67%
DIVIDEND PAYOUT RATIO AVG 15Y
49.87%
DIVIDEND PAYOUT RATIO AVG 20Y
50.76%
CURRENT VS TTM AVG
+22.15%
CURRENT VS 3Y AVG
+20.69%
CURRENT VS 5Y AVG
+27.79%
CURRENT VS 10Y AVG
+34.54%
CURRENT VS 15Y AVG
+36.72%
CURRENT VS 20Y AVG
+34.32%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $8.61 | $5.00 | 58.1% |
| 2024 | $8.97 | $5.00 | 55.7% |
| 2023 | $8.52 | $5.00 | 58.7% |
| 2022 | $11.07 | $4.75 | 42.9% |
| 2021 | $8.87 | $4.00 | 45.1% |
| 2020 | $4.86 | $3.37 |
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 |
|---|---|
| 2026-08-07 | 68.18% |
| 2026-08-06 | 68.17% |
| 2026-08-05 | 68.19% |
| 2026-08-04 | 68.18% |
| 2026-08-03 | 68.18% |
| 2026-07-31 | 68.19% |
| 2026-07-30 | 68.18% |
| 2026-07-29 | 68.17% |
| 2026-07-28 | 68.19% |
| 2026-07-27 | 68.19% |
| 2026-07-24 | 68.19% |
| 2026-07-23 | 68.19% |
| 2026-07-22 | 68.19% |
| 2026-07-21 | 68.19% |
| 2026-07-20 | 68.19% |
| 2026-07-17 | 68.18% |
| 2026-07-16 | 68.17% |
| 2026-07-15 | 68.18% |
| 2026-07-14 | 68.18% |
| 2026-07-13 | 68.18% |
| 2026-07-10 | 68.18% |
| 2026-07-09 | 68.17% |
| 2026-07-08 | 68.18% |
| 2026-07-07 | 68.18% |
| 2026-07-06 | 68.18% |
| 2026-07-02 | 68.19% |
| 2026-07-01 | 68.18% |
| 2026-06-30 | 68.19% |
| 2026-06-29 | 68.17% |
| 2026-06-26 | 63.88% |
| 2026-06-25 | 63.87% |
| 2026-06-24 | 63.88% |
| 2026-06-23 | 63.86% |
| 2026-06-22 | 63.87% |
| 2026-06-18 | 63.87% |
| 2026-06-17 | 63.87% |
| 2026-06-16 | 63.88% |
| 2026-06-15 | 63.88% |
| 2026-06-12 | 60.84% |
| 2026-06-11 | 60.83% |
| 2026-06-10 | 60.84% |
| 2026-06-09 | 60.84% |
| 2026-06-08 | 60.82% |
| 2026-06-05 | 60.83% |
| 2026-06-04 | 60.82% |
| 2026-06-03 | 60.83% |
| 2026-06-02 | 60.82% |
| 2026-06-01 | 60.83% |
| 2026-05-29 | 60.82% |
| 2026-05-28 | 60.83% |
| 2026-05-27 | 60.83% |
| 2026-05-26 | 60.83% |
| 2026-05-22 | 60.84% |
| 2026-05-21 | 60.82% |
| 2026-05-20 | 60.83% |
| 2026-05-19 | 60.84% |
| 2026-05-18 | 60.82% |
| 2026-05-15 | 60.83% |
| 2026-05-14 | 60.84% |
| 2026-05-13 | 60.83% |
| 2026-05-12 | 60.83% |
| 2026-05-11 | 60.83% |
| 2026-05-08 | 60.82% |
| 2026-05-07 | 58.34% |
| 2026-05-06 | 58.35% |
| 2026-05-05 | 58.35% |
| 2026-05-04 | 58.33% |
| 2026-05-01 | 58.33% |
| 2026-04-30 | 58.35% |
| 2026-04-29 | 58.34% |
| 2026-04-28 | 58.34% |
| 2026-04-27 | 58.34% |
| 2026-04-24 | 58.35% |
| 2026-04-23 | 58.34% |
| 2026-04-22 | 58.35% |
| 2026-04-21 | 58.35% |
| 2026-04-20 | 58.34% |
| 2026-04-17 | 58.34% |
| 2026-04-16 | 58.35% |
| 2026-04-15 | 58.34% |
| 2026-04-14 | 58.35% |
| 2026-04-13 | 58.34% |
| 2026-04-10 | 58.34% |
| 2026-04-09 | 58.33% |
| 2026-04-08 | 58.35% |
| 2026-04-07 | 58.35% |
| 2026-04-06 | 58.35% |
| 2026-04-02 | 58.35% |
| 2026-04-01 | 58.34% |
| 2026-03-31 | 58.34% |
| 2026-03-30 | 58.34% |
| 2026-03-27 | 58.35% |
| 2026-03-26 | 58.35% |
| 2026-03-25 | 58.35% |
| 2026-03-24 | 58.34% |
| 2026-03-23 | 58.33% |
| 2026-03-20 | 58.35% |
| 2026-03-19 | 58.34% |
| 2026-03-18 | 58.35% |
| 2026-03-17 | 58.34% |
| 2026-03-16 | 58.34% |
| 2026-03-13 | 72.93% |
| 2026-03-12 | 58.35% |
| 2026-03-11 | 58.34% |
| 2026-03-10 | 58.33% |
| 2026-03-09 | 58.35% |
| 2026-03-06 | 58.33% |
| 2026-03-05 | 58.35% |
| 2026-03-04 | 58.35% |
| 2026-03-03 | 58.34% |
| 2026-03-02 | 58.35% |
| 2026-02-27 | 58.35% |
| 2026-02-26 | 58.34% |
| 2026-02-25 | 50.56% |
| 2026-02-24 | 50.55% |
| 2026-02-23 | 50.57% |
| 2026-02-20 | 50.55% |
| 2026-02-19 | 50.55% |
| 2026-02-18 | 50.56% |
| 2026-02-17 | 50.55% |
| 2026-02-13 | 50.55% |
| 2026-02-12 | 50.55% |
| 2026-02-11 | 50.56% |
| 2026-02-10 | 50.56% |
| 2026-02-09 | 50.56% |
| 2026-02-06 | 50.55% |
| 2026-02-05 | 50.56% |
| 2026-02-04 | 50.55% |
| 2026-02-03 | 50.55% |
| 2026-02-02 | 50.55% |
| 2026-01-30 | 50.55% |
| 2026-01-29 | 50.57% |
| 2026-01-28 | 50.55% |
| 2026-01-27 | 50.55% |
| 2026-01-26 | 50.56% |
| 2026-01-23 | 50.56% |
| 2026-01-22 | 50.56% |
| 2026-01-21 | 50.55% |
| 2026-01-20 | 50.55% |
| 2026-01-16 | 50.56% |
| 2026-01-15 | 50.55% |
| 2026-01-14 | 50.55% |
| 2026-01-13 | 50.56% |
| 2026-01-12 | 50.55% |
| 2026-01-09 | 50.56% |
| 2026-01-08 | 50.57% |
| 2026-01-07 | 50.55% |
| 2026-01-06 | 50.56% |
| 2026-01-05 | 50.56% |
| 2026-01-02 | 50.56% |
| 2025-12-31 | 50.55% |
| 2025-12-30 | 50.56% |
| 2025-12-29 | 50.56% |
| 2025-12-26 | 50.55% |
| 2025-12-24 | 50.55% |
| 2025-12-23 | 50.55% |
| 2025-12-22 | 50.54% |
| 2025-12-19 | 63.20% |
| 2025-12-18 | 63.20% |
| 2025-12-17 | 63.20% |
| 2025-12-16 | 63.19% |
| 2025-12-15 | 63.21% |
| 2025-12-12 | 50.57% |
| 2025-12-11 | 50.56% |
| 2025-12-10 | 50.56% |
| 2025-12-09 | 50.57% |
| 2025-12-08 | 50.56% |
| 2025-12-05 | 50.56% |
| 2025-12-04 | 50.55% |
| 2025-12-03 | 50.57% |
| 2025-12-02 | 50.56% |
| 2025-12-01 | 50.56% |
| 2025-11-28 | 50.55% |
| 2025-11-26 | 50.57% |
| 2025-11-25 | 50.56% |
| 2025-11-24 | 50.55% |
| 2025-11-21 | 50.55% |
| 2025-11-20 | 50.55% |
| 2025-11-19 | 50.56% |
| 2025-11-18 | 50.55% |
| 2025-11-17 | 50.57% |
| 2025-11-14 | 50.55% |
| 2025-11-13 | 50.56% |
| 2025-11-12 | 50.56% |
| 2025-11-11 | 50.56% |
| 2025-11-10 | 50.57% |
| 2025-11-07 | 50.56% |
| 2025-11-06 | 50.56% |
| 2025-11-05 | 49.89% |
| 2025-11-04 | 49.91% |
| 2025-11-03 | 49.90% |
| 2025-10-31 | 49.91% |
| 2025-10-30 | 49.91% |
| 2025-10-29 | 49.91% |
| 2025-10-28 | 49.89% |
| 2025-10-27 | 49.90% |
| 2025-10-24 | 49.90% |
| 2025-10-23 | 49.89% |
| 2025-10-22 | 49.89% |
| 2025-10-21 | 49.90% |
| 2025-10-20 | 49.91% |
| 2025-10-17 | 49.89% |
| 2025-10-16 | 49.89% |
| 2025-10-15 | 49.89% |
| 2025-10-14 | 49.89% |
| 2025-10-13 | 49.89% |
| 2025-10-10 | 49.89% |
| 2025-10-09 | 49.91% |
| 2025-10-08 | 49.91% |
| 2025-10-07 | 49.89% |
| 2025-10-06 | 49.90% |
| 2025-10-03 | 49.90% |
| 2025-10-02 | 49.90% |
| 2025-10-01 | 49.90% |
| 2025-09-30 | 49.90% |
| 2025-09-29 | 49.89% |
| 2025-09-26 | 49.90% |
| 2025-09-25 | 49.90% |
| 2025-09-24 | 49.90% |
| 2025-09-23 | 49.90% |
| 2025-09-22 | 49.90% |
| 2025-09-19 | 49.91% |
| 2025-09-18 | 49.89% |
| 2025-09-17 | 49.91% |
| 2025-09-16 | 49.89% |
| 2025-09-15 | 62.38% |
| 2025-09-12 | 49.90% |
| 2025-09-11 | 49.90% |
| 2025-09-10 | 49.89% |
| 2025-09-09 | 49.89% |
| 2025-09-08 | 49.90% |
| 2025-09-05 | 49.90% |
| 2025-09-04 | 49.90% |
| 2025-09-03 | 49.90% |
| 2025-09-02 | 49.90% |
| 2025-08-29 | 49.89% |
| 2025-08-28 | 49.90% |
| 2025-08-27 | 49.91% |
| 2025-08-26 | 49.90% |
| 2025-08-25 | 49.90% |
| 2025-08-22 | 49.90% |
| 2025-08-21 | 49.89% |
| 2025-08-20 | 49.89% |
| 2025-08-19 | 49.91% |
| 2025-08-18 | 49.89% |
| 2025-08-15 | 49.89% |
| 2025-08-14 | 49.89% |
| 2025-08-13 | 49.90% |
| 2025-08-12 | 49.91% |
| 2025-08-11 | 49.89% |
| 2025-08-08 | 49.89% |
| 2025-08-07 | 49.91% |
| 2025-08-06 | 52.36% |
| 2025-08-05 | 52.35% |
| 2025-08-04 | 52.36% |
| 2025-08-01 | 52.35% |
| 2025-07-31 | 52.36% |
| 2025-07-30 | 52.36% |
| 2025-07-29 | 52.35% |
| 2025-07-28 | 52.36% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| 69.3% |
| 2019 | $7.37 | $3.16 | 42.9% |
| 2018 | $7.88 | $3.00 | 38.1% |
| 2017 | $7.09 | $2.52 | 35.5% |
| 2016 | $4.76 | $2.36 | 49.6% |
| 2015 | $4.47 | $2.20 | 49.2% |
| 2014 | $3.99 | $1.60 | 40.1% |
| 2013 | $4.57 | $1.51 | 33.1% |
| 2012 | $1.70 | $1.00 | 58.8% |
| 2011 | $1.59 | $0.80 | 50.3% |
| 2010 | $2.02 | $0.60 | 29.7% |
| 2009 | $2.62 | $0.60 | 22.9% |
| 2008 | $1.32 | $1.20 | 90.9% |
| 2007 | $1.63 | $1.05 | 64.4% |
| 2006 | $1.21 | $1.00 | 82.6% |
| 2005 | $0.49 | $1.00 | 204.1% |
| 2004 | $0.65 | $0.60 | 92.3% |
| 2003 | ($0.14) | $0.15 | N/A (Loss) |
| 2002 | $0.46 | $0.00 | 0.0% |
| 2001 | $1.00 | $0.00 | 0.0% |
| 2000 | $1.37 | $0.00 | 0.0% |
| 1999 | $0.34 | $0.00 | 0.0% |
| 1998 | $0.76 | $0.00 | 0.0% |
