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 56.16% is 44% below its 5-year average of 100.53%, near the low end of its 5-year range (23.94%–620.28%).
As of Sunday, July 26, 2026. 27.14% below its 12-month average of 77.08%.
Dividend Payout Ratio (56.16%) = TTM Dividends/Share ($5.50) / TTM EPS ($9.79)
DIVIDEND PAYOUT RATIO
56.16%
DIVIDEND PAYOUT RATIO AVG TTM
77.08%
DIVIDEND PAYOUT RATIO AVG 3Y
76.36%
DIVIDEND PAYOUT RATIO AVG 5Y
76.47%
DIVIDEND PAYOUT RATIO AVG 10Y
51.15%
DIVIDEND PAYOUT RATIO AVG 15Y
47.67%
DIVIDEND PAYOUT RATIO AVG 20Y
36.98%
CURRENT VS TTM AVG
-27.14%
CURRENT VS 3Y AVG
-26.45%
CURRENT VS 5Y AVG
-26.55%
CURRENT VS 10Y AVG
+9.81%
CURRENT VS 15Y AVG
+17.82%
CURRENT VS 20Y AVG
+51.87%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $10.16 | $5.40 | 53.1% |
| 2024 | $7.54 | $5.20 | 69.0% |
| 2023 | $6.76 | $5.00 | 74.0% |
| 2022 | ($4.49) | $4.80 | N/A (Loss) |
| 2021 | $22.56 | $4.60 | 20.4% |
| 2020 | ($1.00) | $4.40 |
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 |
|---|---|
| 2026-07-24 | 56.16% |
| 2026-07-23 | 56.19% |
| 2026-07-22 | 56.18% |
| 2026-07-21 | 56.16% |
| 2026-07-20 | 56.18% |
| 2026-07-17 | 56.17% |
| 2026-07-16 | 56.19% |
| 2026-07-15 | 56.18% |
| 2026-07-14 | 56.20% |
| 2026-07-13 | 56.20% |
| 2026-07-10 | 56.16% |
| 2026-07-09 | 56.20% |
| 2026-07-08 | 56.19% |
| 2026-07-07 | 56.16% |
| 2026-07-06 | 56.16% |
| 2026-07-02 | 56.19% |
| 2026-07-01 | 56.20% |
| 2026-06-30 | 56.16% |
| 2026-06-29 | 56.16% |
| 2026-06-26 | 56.19% |
| 2026-06-25 | 56.17% |
| 2026-06-24 | 56.16% |
| 2026-06-23 | 56.18% |
| 2026-06-22 | 56.19% |
| 2026-06-18 | 56.17% |
| 2026-06-17 | 56.18% |
| 2026-06-16 | 56.18% |
| 2026-06-15 | 56.17% |
| 2026-06-12 | 56.17% |
| 2026-06-11 | 56.18% |
| 2026-06-10 | 56.17% |
| 2026-06-09 | 56.17% |
| 2026-06-08 | 56.16% |
| 2026-06-05 | 56.20% |
| 2026-06-04 | 56.16% |
| 2026-06-03 | 56.21% |
| 2026-06-02 | 56.17% |
| 2026-06-01 | 56.15% |
| 2026-05-29 | 56.18% |
| 2026-05-28 | 56.20% |
| 2026-05-27 | 56.20% |
| 2026-05-26 | 56.17% |
| 2026-05-22 | 41.90% |
| 2026-05-21 | 41.89% |
| 2026-05-20 | 41.87% |
| 2026-05-19 | 55.65% |
| 2026-05-18 | 55.67% |
| 2026-05-15 | 55.66% |
| 2026-05-14 | 55.66% |
| 2026-05-13 | 55.68% |
| 2026-05-12 | 55.68% |
| 2026-05-11 | 55.67% |
| 2026-05-08 | 55.68% |
| 2026-05-07 | 55.68% |
| 2026-05-06 | 55.66% |
| 2026-05-05 | 54.30% |
| 2026-05-04 | 54.30% |
| 2026-05-01 | 54.27% |
| 2026-04-30 | 54.27% |
| 2026-04-29 | 54.26% |
| 2026-04-28 | 54.27% |
| 2026-04-27 | 54.28% |
| 2026-04-24 | 54.26% |
| 2026-04-23 | 54.30% |
| 2026-04-22 | 54.30% |
| 2026-04-21 | 54.30% |
| 2026-04-20 | 54.29% |
| 2026-04-17 | 54.26% |
| 2026-04-16 | 54.29% |
| 2026-04-15 | 54.27% |
| 2026-04-14 | 54.30% |
| 2026-04-13 | 54.29% |
| 2026-04-10 | 54.28% |
| 2026-04-09 | 54.28% |
| 2026-04-08 | 54.30% |
| 2026-04-07 | 54.28% |
| 2026-04-06 | 54.27% |
| 2026-04-02 | 54.29% |
| 2026-04-01 | 54.29% |
| 2026-03-31 | 54.28% |
| 2026-03-30 | 54.28% |
| 2026-03-27 | 54.27% |
| 2026-03-26 | 54.29% |
| 2026-03-25 | 54.29% |
| 2026-03-24 | 54.27% |
| 2026-03-23 | 54.27% |
| 2026-03-20 | 54.31% |
| 2026-03-19 | 54.26% |
| 2026-03-18 | 54.26% |
| 2026-03-17 | 54.28% |
| 2026-03-16 | 54.25% |
| 2026-03-13 | 54.26% |
| 2026-03-12 | 54.30% |
| 2026-03-11 | 54.30% |
| 2026-03-10 | 54.29% |
| 2026-03-09 | 54.26% |
| 2026-03-06 | 54.26% |
| 2026-03-05 | 54.26% |
| 2026-03-04 | 54.28% |
| 2026-03-03 | 54.31% |
| 2026-03-02 | 54.31% |
| 2026-02-27 | 54.29% |
| 2026-02-26 | 54.28% |
| 2026-02-25 | 54.31% |
| 2026-02-24 | 54.29% |
| 2026-02-23 | 54.29% |
| 2026-02-20 | 54.27% |
| 2026-02-19 | 54.28% |
| 2026-02-18 | 54.28% |
| 2026-02-17 | 67.76% |
| 2026-02-13 | 53.79% |
| 2026-02-12 | 53.77% |
| 2026-02-11 | 74.08% |
| 2026-02-10 | 74.05% |
| 2026-02-09 | 74.08% |
| 2026-02-06 | 74.07% |
| 2026-02-05 | 74.06% |
| 2026-02-04 | 74.10% |
| 2026-02-03 | 74.06% |
| 2026-02-02 | 74.10% |
| 2026-01-30 | 74.07% |
| 2026-01-29 | 74.07% |
| 2026-01-28 | 74.06% |
| 2026-01-27 | 74.10% |
| 2026-01-26 | 74.08% |
| 2026-01-23 | 74.06% |
| 2026-01-22 | 74.07% |
| 2026-01-21 | 74.08% |
| 2026-01-20 | 74.06% |
| 2026-01-16 | 74.07% |
| 2026-01-15 | 74.07% |
| 2026-01-14 | 74.09% |
| 2026-01-13 | 74.07% |
| 2026-01-12 | 74.07% |
| 2026-01-09 | 74.09% |
| 2026-01-08 | 74.10% |
| 2026-01-07 | 74.08% |
| 2026-01-06 | 74.06% |
| 2026-01-05 | 74.08% |
| 2026-01-02 | 74.07% |
| 2025-12-31 | 74.05% |
| 2025-12-30 | 74.10% |
| 2025-12-29 | 74.09% |
| 2025-12-26 | 74.06% |
| 2025-12-24 | 74.06% |
| 2025-12-23 | 74.06% |
| 2025-12-22 | 74.06% |
| 2025-12-19 | 74.06% |
| 2025-12-18 | 74.07% |
| 2025-12-17 | 74.08% |
| 2025-12-16 | 74.07% |
| 2025-12-15 | 74.07% |
| 2025-12-12 | 74.06% |
| 2025-12-11 | 74.09% |
| 2025-12-10 | 74.06% |
| 2025-12-09 | 74.08% |
| 2025-12-08 | 74.07% |
| 2025-12-05 | 74.08% |
| 2025-12-04 | 74.06% |
| 2025-12-03 | 74.07% |
| 2025-12-02 | 74.05% |
| 2025-12-01 | 74.05% |
| 2025-11-28 | 74.08% |
| 2025-11-26 | 74.07% |
| 2025-11-25 | 74.06% |
| 2025-11-24 | 74.06% |
| 2025-11-21 | 74.06% |
| 2025-11-20 | 74.06% |
| 2025-11-19 | 74.10% |
| 2025-11-18 | 91.91% |
| 2025-11-17 | 73.39% |
| 2025-11-14 | 73.39% |
| 2025-11-13 | 73.37% |
| 2025-11-12 | 73.41% |
| 2025-11-11 | 73.38% |
| 2025-11-10 | 73.40% |
| 2025-11-07 | 73.39% |
| 2025-11-06 | 73.38% |
| 2025-11-05 | 73.41% |
| 2025-11-04 | 73.39% |
| 2025-11-03 | 73.38% |
| 2025-10-31 | 73.41% |
| 2025-10-30 | 73.38% |
| 2025-10-29 | 118.38% |
| 2025-10-28 | 118.34% |
| 2025-10-27 | 118.35% |
| 2025-10-24 | 118.38% |
| 2025-10-23 | 118.35% |
| 2025-10-22 | 118.38% |
| 2025-10-21 | 118.39% |
| 2025-10-20 | 118.36% |
| 2025-10-17 | 118.35% |
| 2025-10-16 | 118.36% |
| 2025-10-15 | 118.38% |
| 2025-10-14 | 118.35% |
| 2025-10-13 | 118.36% |
| 2025-10-10 | 118.36% |
| 2025-10-09 | 118.36% |
| 2025-10-08 | 118.35% |
| 2025-10-07 | 118.34% |
| 2025-10-06 | 118.38% |
| 2025-10-03 | 118.35% |
| 2025-10-02 | 118.35% |
| 2025-10-01 | 118.39% |
| 2025-09-30 | 118.36% |
| 2025-09-29 | 118.36% |
| 2025-09-26 | 118.37% |
| 2025-09-25 | 118.34% |
| 2025-09-24 | 118.37% |
| 2025-09-23 | 118.38% |
| 2025-09-22 | 118.34% |
| 2025-09-19 | 118.37% |
| 2025-09-18 | 118.36% |
| 2025-09-17 | 118.36% |
| 2025-09-16 | 118.37% |
| 2025-09-15 | 118.36% |
| 2025-09-12 | 118.36% |
| 2025-09-11 | 118.36% |
| 2025-09-10 | 118.37% |
| 2025-09-09 | 118.37% |
| 2025-09-08 | 118.38% |
| 2025-09-05 | 118.38% |
| 2025-09-04 | 118.36% |
| 2025-09-03 | 118.37% |
| 2025-09-02 | 118.35% |
| 2025-08-29 | 118.36% |
| 2025-08-28 | 118.38% |
| 2025-08-27 | 118.37% |
| 2025-08-26 | 118.37% |
| 2025-08-25 | 118.37% |
| 2025-08-22 | 118.35% |
| 2025-08-21 | 118.36% |
| 2025-08-20 | 118.36% |
| 2025-08-19 | 147.14% |
| 2025-08-18 | 117.26% |
| 2025-08-15 | 117.24% |
| 2025-08-14 | 117.24% |
| 2025-08-13 | 117.24% |
| 2025-08-12 | 117.26% |
| 2025-08-11 | 117.28% |
| 2025-08-08 | 117.24% |
| 2025-08-07 | 117.23% |
| 2025-08-06 | 117.27% |
| 2025-08-05 | 117.27% |
| 2025-08-04 | 117.27% |
| 2025-08-01 | 117.25% |
| 2025-07-31 | 117.28% |
| 2025-07-30 | 83.84% |
| 2025-07-29 | 83.88% |
| 2025-07-28 | 83.88% |
| 2025-07-25 | 83.88% |
| 2025-07-24 | 83.84% |
| 2025-07-23 | 83.86% |
| 2025-07-22 | 83.86% |
| 2025-07-21 | 83.88% |
| 2025-07-18 | 83.86% |
| 2025-07-17 | 83.87% |
| 2025-07-16 | 83.86% |
| 2025-07-15 | 83.84% |
| 2025-07-14 | 83.84% |
Showing the most recent 260 of 2,253 data points. The chart above shows the full history.
| N/A (Loss) |
| 2019 | $10.23 | $4.00 | 39.1% |
| 2018 | $9.64 | $3.60 | 37.3% |
| 2017 | $18.19 | $3.00 | 16.5% |
| 2016 | $9.85 | $2.80 | 28.4% |
| 2015 | $12.37 | $2.44 | 19.7% |
| 2014 | $2.94 | $2.17 | 73.8% |
| 2013 | ($1.47) | $1.73 | N/A (Loss) |
| 2012 | $1.07 | $1.60 | 149.5% |
| 2011 | $7.04 | $1.45 | 20.6% |
| 2010 | $5.82 | $1.15 | 19.8% |
| 2009 | $7.68 | $0.70 | 9.1% |
| 2008 | ($2.50) | $0.58 | N/A (Loss) |
| 2007 | $7.75 | $1.15 | 14.8% |
| 2006 | $6.63 | $0.95 | 14.3% |
| 2005 | $6.45 | $0.78 | 12.1% |
| 2004 | $3.38 | $0.63 | 18.5% |
| 2003 | $1.99 | $0.50 | 25.1% |
| 2002 | $0.34 | $0.40 | 117.6% |
| 2001 | ($0.27) | $0.00 | N/A (Loss) |
