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 74.91% is in line with its 5-year average of 76.76%, around the middle of its 5-year range (42.85%–138.49%).
As of Monday, August 31, 2026. 21.45% below its 12-month average of 95.37%.
Dividend Payout Ratio (74.91%) = TTM Dividends/Share ($2.54) / TTM EPS ($3.39)
DIVIDEND PAYOUT RATIO
74.91%
DIVIDEND PAYOUT RATIO AVG TTM
95.37%
DIVIDEND PAYOUT RATIO AVG 3Y
76.32%
DIVIDEND PAYOUT RATIO AVG 5Y
76.76%
DIVIDEND PAYOUT RATIO AVG 10Y
73.94%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-21.45%
CURRENT VS 3Y AVG
-1.84%
CURRENT VS 5Y AVG
-2.41%
CURRENT VS 10Y AVG
+1.32%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $2.36 | $2.48 | 105.1% |
| 2024 | $3.21 | $2.32 | 72.3% |
| 2023 | $3.82 | $2.20 | 57.6% |
| 2022 | $3.28 | $2.16 | 65.9% |
| 2021 | $2.71 | $2.12 | 78.2% |
| 2020 | $1.61 | $2.08 |
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 |
|---|---|
| 2026-08-31 | 74.91% |
| 2026-08-28 | 74.94% |
| 2026-08-27 | 74.93% |
| 2026-08-26 | 74.92% |
| 2026-08-25 | 74.93% |
| 2026-08-24 | 74.92% |
| 2026-08-21 | 74.92% |
| 2026-08-20 | 74.94% |
| 2026-08-19 | 74.92% |
| 2026-08-18 | 74.91% |
| 2026-08-17 | 74.92% |
| 2026-08-14 | 74.92% |
| 2026-08-13 | 74.92% |
| 2026-08-12 | 74.91% |
| 2026-08-11 | 74.92% |
| 2026-08-10 | 74.92% |
| 2026-08-07 | 74.94% |
| 2026-08-06 | 74.93% |
| 2026-08-05 | 100.80% |
| 2026-08-04 | 100.80% |
| 2026-08-03 | 100.78% |
| 2026-07-31 | 100.78% |
| 2026-07-30 | 100.79% |
| 2026-07-29 | 100.80% |
| 2026-07-28 | 100.79% |
| 2026-07-27 | 100.80% |
| 2026-07-24 | 100.80% |
| 2026-07-23 | 100.79% |
| 2026-07-22 | 100.78% |
| 2026-07-21 | 100.78% |
| 2026-07-20 | 100.80% |
| 2026-07-17 | 100.81% |
| 2026-07-16 | 100.81% |
| 2026-07-15 | 100.81% |
| 2026-07-14 | 100.80% |
| 2026-07-13 | 100.80% |
| 2026-07-10 | 100.81% |
| 2026-07-09 | 100.80% |
| 2026-07-08 | 100.78% |
| 2026-07-07 | 100.79% |
| 2026-07-06 | 100.80% |
| 2026-07-02 | 100.80% |
| 2026-07-01 | 100.80% |
| 2026-06-30 | 100.78% |
| 2026-06-29 | 100.80% |
| 2026-06-26 | 100.79% |
| 2026-06-25 | 100.80% |
| 2026-06-24 | 100.78% |
| 2026-06-23 | 125.40% |
| 2026-06-22 | 99.60% |
| 2026-06-18 | 99.59% |
| 2026-06-17 | 99.59% |
| 2026-06-16 | 99.59% |
| 2026-06-15 | 99.60% |
| 2026-06-12 | 99.60% |
| 2026-06-11 | 99.62% |
| 2026-06-10 | 99.61% |
| 2026-06-09 | 99.61% |
| 2026-06-08 | 99.59% |
| 2026-06-05 | 99.59% |
| 2026-06-04 | 99.59% |
| 2026-06-03 | 99.59% |
| 2026-06-02 | 99.60% |
| 2026-06-01 | 99.59% |
| 2026-05-29 | 99.59% |
| 2026-05-28 | 99.61% |
| 2026-05-27 | 99.60% |
| 2026-05-26 | 99.61% |
| 2026-05-22 | 99.59% |
| 2026-05-21 | 99.61% |
| 2026-05-20 | 99.61% |
| 2026-05-19 | 99.61% |
| 2026-05-18 | 99.62% |
| 2026-05-15 | 99.62% |
| 2026-05-14 | 99.59% |
| 2026-05-13 | 99.59% |
| 2026-05-12 | 99.60% |
| 2026-05-11 | 99.59% |
| 2026-05-08 | 99.60% |
| 2026-05-07 | 99.59% |
| 2026-05-06 | 99.59% |
| 2026-05-05 | 111.07% |
| 2026-05-04 | 111.06% |
| 2026-05-01 | 111.06% |
| 2026-04-30 | 111.06% |
| 2026-04-29 | 111.05% |
| 2026-04-28 | 111.06% |
| 2026-04-27 | 111.07% |
| 2026-04-24 | 111.07% |
| 2026-04-23 | 111.05% |
| 2026-04-22 | 111.08% |
| 2026-04-21 | 111.07% |
| 2026-04-20 | 111.07% |
| 2026-04-17 | 111.05% |
| 2026-04-16 | 111.06% |
| 2026-04-15 | 111.06% |
| 2026-04-14 | 111.08% |
| 2026-04-13 | 111.07% |
| 2026-04-10 | 111.06% |
| 2026-04-09 | 111.05% |
| 2026-04-08 | 111.07% |
| 2026-04-07 | 111.05% |
| 2026-04-06 | 111.05% |
| 2026-04-02 | 111.05% |
| 2026-04-01 | 111.06% |
| 2026-03-31 | 111.06% |
| 2026-03-30 | 111.07% |
| 2026-03-27 | 111.06% |
| 2026-03-26 | 111.08% |
| 2026-03-25 | 111.08% |
| 2026-03-24 | 111.07% |
| 2026-03-23 | 111.06% |
| 2026-03-20 | 138.48% |
| 2026-03-19 | 138.49% |
| 2026-03-18 | 109.74% |
| 2026-03-17 | 109.74% |
| 2026-03-16 | 109.75% |
| 2026-03-13 | 109.75% |
| 2026-03-12 | 109.74% |
| 2026-03-11 | 109.72% |
| 2026-03-10 | 109.74% |
| 2026-03-09 | 109.73% |
| 2026-03-06 | 109.72% |
| 2026-03-05 | 109.74% |
| 2026-03-04 | 109.75% |
| 2026-03-03 | 109.73% |
| 2026-03-02 | 109.75% |
| 2026-02-27 | 109.73% |
| 2026-02-26 | 109.72% |
| 2026-02-25 | 109.73% |
| 2026-02-24 | 109.75% |
| 2026-02-23 | 109.73% |
| 2026-02-20 | 109.73% |
| 2026-02-19 | 88.56% |
| 2026-02-18 | 88.56% |
| 2026-02-17 | 88.56% |
| 2026-02-13 | 88.57% |
| 2026-02-12 | 88.58% |
| 2026-02-11 | 88.57% |
| 2026-02-10 | 88.57% |
| 2026-02-09 | 88.58% |
| 2026-02-06 | 88.57% |
| 2026-02-05 | 88.57% |
| 2026-02-04 | 88.58% |
| 2026-02-03 | 88.57% |
| 2026-02-02 | 88.57% |
| 2026-01-30 | 88.59% |
| 2026-01-29 | 88.58% |
| 2026-01-28 | 88.59% |
| 2026-01-27 | 88.58% |
| 2026-01-26 | 88.58% |
| 2026-01-23 | 88.58% |
| 2026-01-22 | 88.56% |
| 2026-01-21 | 88.56% |
| 2026-01-20 | 88.59% |
| 2026-01-16 | 88.56% |
| 2026-01-15 | 88.56% |
| 2026-01-14 | 88.58% |
| 2026-01-13 | 88.59% |
| 2026-01-12 | 88.58% |
| 2026-01-09 | 88.56% |
| 2026-01-08 | 88.57% |
| 2026-01-07 | 88.56% |
| 2026-01-06 | 88.57% |
| 2026-01-05 | 88.59% |
| 2026-01-02 | 88.58% |
| 2025-12-31 | 88.58% |
| 2025-12-30 | 88.56% |
| 2025-12-29 | 88.56% |
| 2025-12-26 | 88.58% |
| 2025-12-24 | 88.58% |
| 2025-12-23 | 88.56% |
| 2025-12-22 | 66.43% |
| 2025-12-19 | 87.15% |
| 2025-12-18 | 87.15% |
| 2025-12-17 | 87.14% |
| 2025-12-16 | 87.15% |
| 2025-12-15 | 87.13% |
| 2025-12-12 | 87.14% |
| 2025-12-11 | 87.14% |
| 2025-12-10 | 87.14% |
| 2025-12-09 | 87.16% |
| 2025-12-08 | 87.13% |
| 2025-12-05 | 87.13% |
| 2025-12-04 | 87.15% |
| 2025-12-03 | 87.15% |
| 2025-12-02 | 87.13% |
| 2025-12-01 | 87.16% |
| 2025-11-28 | 87.13% |
| 2025-11-26 | 87.13% |
| 2025-11-25 | 87.16% |
| 2025-11-24 | 87.15% |
| 2025-11-21 | 87.14% |
| 2025-11-20 | 87.14% |
| 2025-11-19 | 87.16% |
| 2025-11-18 | 87.15% |
| 2025-11-17 | 87.15% |
| 2025-11-14 | 87.15% |
| 2025-11-13 | 87.16% |
| 2025-11-12 | 87.13% |
| 2025-11-11 | 87.13% |
| 2025-11-10 | 87.15% |
| 2025-11-07 | 87.13% |
| 2025-11-06 | 87.13% |
| 2025-11-05 | 87.15% |
| 2025-11-04 | 87.13% |
| 2025-11-03 | 87.13% |
| 2025-10-31 | 87.14% |
| 2025-10-30 | 87.14% |
| 2025-10-29 | 92.77% |
| 2025-10-28 | 92.77% |
| 2025-10-27 | 92.79% |
| 2025-10-24 | 92.76% |
| 2025-10-23 | 92.79% |
| 2025-10-22 | 92.78% |
| 2025-10-21 | 92.77% |
| 2025-10-20 | 92.76% |
| 2025-10-17 | 92.78% |
| 2025-10-16 | 92.76% |
| 2025-10-15 | 92.78% |
| 2025-10-14 | 92.77% |
| 2025-10-13 | 92.79% |
| 2025-10-10 | 92.76% |
| 2025-10-09 | 92.77% |
| 2025-10-08 | 92.78% |
| 2025-10-07 | 92.76% |
| 2025-10-06 | 92.79% |
| 2025-10-03 | 92.78% |
| 2025-10-02 | 92.76% |
| 2025-10-01 | 92.79% |
| 2025-09-30 | 92.78% |
| 2025-09-29 | 92.76% |
| 2025-09-26 | 92.77% |
| 2025-09-25 | 92.79% |
| 2025-09-24 | 92.77% |
| 2025-09-23 | 92.77% |
| 2025-09-22 | 69.19% |
| 2025-09-19 | 91.24% |
| 2025-09-18 | 91.26% |
| 2025-09-17 | 91.24% |
| 2025-09-16 | 91.26% |
| 2025-09-15 | 91.26% |
| 2025-09-12 | 91.24% |
| 2025-09-11 | 91.27% |
| 2025-09-10 | 91.24% |
| 2025-09-09 | 91.25% |
| 2025-09-08 | 91.25% |
| 2025-09-05 | 91.25% |
| 2025-09-04 | 91.25% |
| 2025-09-03 | 91.25% |
| 2025-09-02 | 91.24% |
| 2025-08-29 | 91.26% |
| 2025-08-28 | 91.24% |
| 2025-08-27 | 91.24% |
| 2025-08-26 | 91.24% |
| 2025-08-25 | 91.25% |
| 2025-08-22 | 91.27% |
| 2025-08-21 | 91.24% |
| 2025-08-20 | 91.26% |
| 2025-08-19 | 91.26% |
Showing the most recent 260 of 2,644 data points. The chart above shows the full history.
| 129.2% |
| 2019 | $2.40 | $2.00 | 83.3% |
| 2018 | $2.46 | $1.80 | 73.2% |
| 2017 | $2.64 | $0.78 | 29.5% |
| 2016 | $1.48 | $0.62 | 41.9% |
| 2015 | $0.51 | $0.44 | 86.3% |
| 2014 | ($1.16) | $0.00 | N/A (Loss) |
| 2013 | $0.67 | $0.00 | 0.0% |
| 2012 | $0.34 | $0.00 | 0.0% |
