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 51.88% is in line with its 5-year average of 56.69%, around the middle of its 5-year range (32.49%–86.43%).
As of Friday, September 4, 2026. 11.91% below its 12-month average of 58.89%.
Dividend Payout Ratio (51.88%) = TTM Dividends/Share ($5.52) / TTM EPS ($10.64)
DIVIDEND PAYOUT RATIO
51.88%
DIVIDEND PAYOUT RATIO AVG TTM
58.89%
DIVIDEND PAYOUT RATIO AVG 3Y
58.15%
DIVIDEND PAYOUT RATIO AVG 5Y
56.69%
DIVIDEND PAYOUT RATIO AVG 10Y
54.75%
DIVIDEND PAYOUT RATIO AVG 15Y
49.58%
DIVIDEND PAYOUT RATIO AVG 20Y
46.23%
CURRENT VS TTM AVG
-11.91%
CURRENT VS 3Y AVG
-10.78%
CURRENT VS 5Y AVG
-8.50%
CURRENT VS 10Y AVG
-5.25%
CURRENT VS 15Y AVG
+4.63%
CURRENT VS 20Y AVG
+12.20%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-09-30 | $7.69 | $5.24 | 68.1% |
| 2024-09-30 | $8.32 | $5.00 | 60.1% |
| 2023-09-30 | $12.03 | $4.72 | 39.2% |
| 2022-09-30 | $8.02 | $4.48 | 55.9% |
| 2021-09-30 | $11.69 | $4.28 | 36.6% |
| 2020-09-30 | $8.83 |
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 |
|---|---|
| 2026-09-04 | 51.88% |
| 2026-09-03 | 51.88% |
| 2026-09-02 | 51.88% |
| 2026-09-01 | 51.88% |
| 2026-08-31 | 51.88% |
| 2026-08-28 | 51.87% |
| 2026-08-27 | 51.89% |
| 2026-08-26 | 51.88% |
| 2026-08-25 | 51.88% |
| 2026-08-24 | 51.87% |
| 2026-08-21 | 51.88% |
| 2026-08-20 | 51.88% |
| 2026-08-19 | 51.88% |
| 2026-08-18 | 51.88% |
| 2026-08-17 | 64.20% |
| 2026-08-14 | 51.22% |
| 2026-08-13 | 51.22% |
| 2026-08-12 | 51.22% |
| 2026-08-11 | 51.22% |
| 2026-08-10 | 51.22% |
| 2026-08-07 | 51.22% |
| 2026-08-06 | 51.22% |
| 2026-08-05 | 51.22% |
| 2026-08-04 | 51.22% |
| 2026-08-03 | 56.66% |
| 2026-07-31 | 56.65% |
| 2026-07-30 | 56.65% |
| 2026-07-29 | 56.65% |
| 2026-07-28 | 56.65% |
| 2026-07-27 | 56.65% |
| 2026-07-24 | 56.65% |
| 2026-07-23 | 56.65% |
| 2026-07-22 | 56.65% |
| 2026-07-21 | 56.66% |
| 2026-07-20 | 56.65% |
| 2026-07-17 | 56.65% |
| 2026-07-16 | 56.65% |
| 2026-07-15 | 56.66% |
| 2026-07-14 | 56.65% |
| 2026-07-13 | 56.65% |
| 2026-07-10 | 56.66% |
| 2026-07-09 | 56.65% |
| 2026-07-08 | 56.65% |
| 2026-07-07 | 56.65% |
| 2026-07-06 | 56.65% |
| 2026-07-02 | 56.65% |
| 2026-07-01 | 56.65% |
| 2026-06-30 | 56.65% |
| 2026-06-29 | 56.65% |
| 2026-06-26 | 56.66% |
| 2026-06-25 | 56.65% |
| 2026-06-24 | 56.66% |
| 2026-06-23 | 56.65% |
| 2026-06-22 | 56.66% |
| 2026-06-18 | 56.65% |
| 2026-06-17 | 56.65% |
| 2026-06-16 | 56.65% |
| 2026-06-15 | 56.65% |
| 2026-06-12 | 56.65% |
| 2026-06-11 | 56.66% |
| 2026-06-10 | 56.66% |
| 2026-06-09 | 56.66% |
| 2026-06-08 | 56.65% |
| 2026-06-05 | 56.66% |
| 2026-06-04 | 56.65% |
| 2026-06-03 | 56.66% |
| 2026-06-02 | 56.65% |
| 2026-06-01 | 56.66% |
| 2026-05-29 | 56.66% |
| 2026-05-28 | 56.66% |
| 2026-05-27 | 56.65% |
| 2026-05-26 | 56.65% |
| 2026-05-22 | 56.66% |
| 2026-05-21 | 56.65% |
| 2026-05-20 | 56.66% |
| 2026-05-19 | 56.66% |
| 2026-05-18 | 70.27% |
| 2026-05-15 | 55.93% |
| 2026-05-14 | 55.93% |
| 2026-05-13 | 55.93% |
| 2026-05-12 | 55.93% |
| 2026-05-11 | 55.93% |
| 2026-05-08 | 55.92% |
| 2026-05-07 | 55.93% |
| 2026-05-06 | 55.93% |
| 2026-05-05 | 55.92% |
| 2026-05-04 | 61.55% |
| 2026-05-01 | 61.56% |
| 2026-04-30 | 61.56% |
| 2026-04-29 | 61.56% |
| 2026-04-28 | 61.55% |
| 2026-04-27 | 61.56% |
| 2026-04-24 | 61.55% |
| 2026-04-23 | 61.56% |
| 2026-04-22 | 61.56% |
| 2026-04-21 | 61.56% |
| 2026-04-20 | 61.55% |
| 2026-04-17 | 61.56% |
| 2026-04-16 | 61.56% |
| 2026-04-15 | 61.56% |
| 2026-04-14 | 61.56% |
| 2026-04-13 | 61.56% |
| 2026-04-10 | 61.56% |
| 2026-04-09 | 61.55% |
| 2026-04-08 | 61.56% |
| 2026-04-07 | 61.55% |
| 2026-04-06 | 61.55% |
| 2026-04-02 | 61.55% |
| 2026-04-01 | 61.56% |
| 2026-03-31 | 61.55% |
| 2026-03-30 | 61.56% |
| 2026-03-27 | 61.56% |
| 2026-03-26 | 61.56% |
| 2026-03-25 | 61.55% |
| 2026-03-24 | 61.56% |
| 2026-03-23 | 61.55% |
| 2026-03-20 | 61.56% |
| 2026-03-19 | 61.55% |
| 2026-03-18 | 61.56% |
| 2026-03-17 | 61.55% |
| 2026-03-16 | 61.55% |
| 2026-03-13 | 61.56% |
| 2026-03-12 | 61.55% |
| 2026-03-11 | 61.56% |
| 2026-03-10 | 61.56% |
| 2026-03-09 | 61.56% |
| 2026-03-06 | 61.55% |
| 2026-03-05 | 61.56% |
| 2026-03-04 | 61.55% |
| 2026-03-03 | 61.55% |
| 2026-03-02 | 61.56% |
| 2026-02-27 | 61.56% |
| 2026-02-26 | 61.56% |
| 2026-02-25 | 61.56% |
| 2026-02-24 | 61.55% |
| 2026-02-23 | 61.55% |
| 2026-02-20 | 45.77% |
| 2026-02-19 | 45.77% |
| 2026-02-18 | 45.77% |
| 2026-02-17 | 60.76% |
| 2026-02-13 | 60.75% |
| 2026-02-12 | 60.76% |
| 2026-02-11 | 60.75% |
| 2026-02-10 | 60.76% |
| 2026-02-09 | 60.76% |
| 2026-02-06 | 60.76% |
| 2026-02-05 | 60.75% |
| 2026-02-04 | 69.32% |
| 2026-02-03 | 69.33% |
| 2026-02-02 | 69.32% |
| 2026-01-30 | 69.33% |
| 2026-01-29 | 69.32% |
| 2026-01-28 | 69.32% |
| 2026-01-27 | 69.32% |
| 2026-01-26 | 69.32% |
| 2026-01-23 | 69.32% |
| 2026-01-22 | 69.32% |
| 2026-01-21 | 69.32% |
| 2026-01-20 | 69.32% |
| 2026-01-16 | 69.33% |
| 2026-01-15 | 69.32% |
| 2026-01-14 | 69.33% |
| 2026-01-13 | 69.32% |
| 2026-01-12 | 69.32% |
| 2026-01-09 | 69.32% |
| 2026-01-08 | 69.32% |
| 2026-01-07 | 69.32% |
| 2026-01-06 | 69.32% |
| 2026-01-05 | 69.33% |
| 2026-01-02 | 69.32% |
| 2025-12-31 | 69.32% |
| 2025-12-30 | 69.32% |
| 2025-12-29 | 69.32% |
| 2025-12-26 | 69.32% |
| 2025-12-24 | 69.33% |
| 2025-12-23 | 69.32% |
| 2025-12-22 | 69.33% |
| 2025-12-19 | 69.32% |
| 2025-12-18 | 69.33% |
| 2025-12-17 | 69.32% |
| 2025-12-16 | 69.32% |
| 2025-12-15 | 69.31% |
| 2025-12-12 | 69.33% |
| 2025-12-11 | 69.32% |
| 2025-12-10 | 69.31% |
| 2025-12-09 | 69.32% |
| 2025-12-08 | 69.32% |
| 2025-12-05 | 69.32% |
| 2025-12-04 | 69.32% |
| 2025-12-03 | 69.32% |
| 2025-12-02 | 69.32% |
| 2025-12-01 | 69.32% |
| 2025-11-28 | 69.32% |
| 2025-11-26 | 69.31% |
| 2025-11-25 | 69.32% |
| 2025-11-24 | 69.32% |
| 2025-11-21 | 69.32% |
| 2025-11-20 | 69.32% |
| 2025-11-19 | 69.33% |
| 2025-11-18 | 69.32% |
| 2025-11-17 | 86.43% |
| 2025-11-14 | 68.40% |
| 2025-11-13 | 68.41% |
| 2025-11-12 | 68.41% |
| 2025-11-11 | 61.50% |
| 2025-11-10 | 61.50% |
| 2025-11-07 | 61.51% |
| 2025-11-06 | 61.50% |
| 2025-11-05 | 61.50% |
| 2025-11-04 | 61.51% |
| 2025-11-03 | 61.51% |
| 2025-10-31 | 61.50% |
| 2025-10-30 | 61.51% |
| 2025-10-29 | 61.50% |
| 2025-10-28 | 61.51% |
| 2025-10-27 | 61.50% |
| 2025-10-24 | 61.50% |
| 2025-10-23 | 61.50% |
| 2025-10-22 | 61.51% |
| 2025-10-21 | 61.51% |
| 2025-10-20 | 61.51% |
| 2025-10-17 | 61.51% |
| 2025-10-16 | 61.51% |
| 2025-10-15 | 61.51% |
| 2025-10-14 | 61.51% |
| 2025-10-13 | 61.50% |
| 2025-10-10 | 61.50% |
| 2025-10-09 | 61.50% |
| 2025-10-08 | 61.51% |
| 2025-10-07 | 61.50% |
| 2025-10-06 | 61.50% |
| 2025-10-03 | 61.50% |
| 2025-10-02 | 61.51% |
| 2025-10-01 | 61.50% |
| 2025-09-30 | 61.50% |
| 2025-09-29 | 61.51% |
| 2025-09-26 | 61.51% |
| 2025-09-25 | 61.50% |
| 2025-09-24 | 61.51% |
| 2025-09-23 | 61.51% |
| 2025-09-22 | 61.51% |
| 2025-09-19 | 61.50% |
| 2025-09-18 | 61.50% |
| 2025-09-17 | 61.50% |
| 2025-09-16 | 61.50% |
| 2025-09-15 | 61.50% |
| 2025-09-12 | 61.50% |
| 2025-09-11 | 61.50% |
| 2025-09-10 | 61.50% |
| 2025-09-09 | 61.50% |
| 2025-09-08 | 61.50% |
| 2025-09-05 | 61.51% |
| 2025-09-04 | 61.50% |
| 2025-09-03 | 61.50% |
| 2025-09-02 | 61.50% |
| 2025-08-29 | 61.50% |
| 2025-08-28 | 61.51% |
| 2025-08-27 | 61.51% |
| 2025-08-26 | 61.51% |
| 2025-08-25 | 61.51% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| $4.08 |
| 46.2% |
| 2019-09-30 | $5.88 | $3.88 | 66.0% |
| 2018-09-30 | $4.42 | $3.51 | 79.4% |
| 2017-09-30 | $6.43 | $3.04 | 47.3% |
| 2016-09-30 | $5.68 | $2.90 | 51.1% |
| 2015-09-30 | $6.25 | $2.60 | 41.6% |
| 2014-09-30 | $6.05 | $2.32 | 38.3% |
| 2013-09-30 | $5.44 | $1.98 | 36.4% |
| 2012-09-30 | $5.27 | $1.74 | 33.1% |
| 2011-09-30 | $4.92 | $1.47 | 30.0% |
| 2010-09-30 | $3.27 | $1.22 | 37.3% |
| 2009-09-30 | $1.55 | $1.16 | 74.8% |
| 2008-09-30 | $3.94 | $1.16 | 29.4% |
| 2007-09-30 | $9.37 | $1.16 | 12.4% |
| 2006-09-30 | $3.44 | $0.90 | 26.2% |
| 2005-09-30 | $2.45 | $0.78 | 31.8% |
| 2004-09-30 | $1.71 | $0.66 | 38.6% |
| 2003-09-30 | $1.54 | $0.66 | 42.9% |
| 2002-09-30 | $0.66 | $0.66 | 100.0% |
| 2001-09-30 | $0.66 | $0.93 | 140.9% |
| 2000-09-30 | $1.88 | $1.04 | 55.1% |
| 1999-09-30 | $1.49 | $1.04 | 69.5% |
| 1998-09-30 | ($2.16) | $1.02 | N/A (Loss) |
| 1997-09-30 | $3.01 | $1.16 | 38.5% |
| 1996-09-30 | $3.34 | $1.16 | 34.7% |
