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 20.58% is 19% below its 5-year average of 25.45%, near the low end of its 5-year range (17.36%–38.22%).
As of Friday, September 4, 2026. 16.91% below its 12-month average of 24.77%.
Dividend Payout Ratio (20.58%) = TTM Dividends/Share ($1.70) / TTM EPS ($8.26)
DIVIDEND PAYOUT RATIO
20.58%
DIVIDEND PAYOUT RATIO AVG TTM
24.77%
DIVIDEND PAYOUT RATIO AVG 3Y
24.55%
DIVIDEND PAYOUT RATIO AVG 5Y
25.45%
DIVIDEND PAYOUT RATIO AVG 10Y
23.88%
DIVIDEND PAYOUT RATIO AVG 15Y
22.11%
DIVIDEND PAYOUT RATIO AVG 20Y
20.53%
CURRENT VS TTM AVG
-16.91%
CURRENT VS 3Y AVG
-16.15%
CURRENT VS 5Y AVG
-19.11%
CURRENT VS 10Y AVG
-13.81%
CURRENT VS 15Y AVG
-6.92%
CURRENT VS 20Y AVG
+0.23%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-01-31 | $6.66 | $1.62 | 24.3% |
| 2025-01-31 | $6.36 | $1.47 | 23.1% |
| 2024-01-31 | $5.59 | $1.34 | 24.0% |
| 2023-01-31 | $4.40 | $1.24 | 28.2% |
| 2022-01-31 | $4.90 | $1.14 | 23.3% |
| 2021-01-31 | $0.24 |
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 | 20.58% |
| 2026-09-03 | 20.58% |
| 2026-09-02 | 20.58% |
| 2026-09-01 | 20.58% |
| 2026-08-31 | 23.74% |
| 2026-08-28 | 23.74% |
| 2026-08-27 | 23.74% |
| 2026-08-26 | 23.74% |
| 2026-08-25 | 23.75% |
| 2026-08-24 | 23.74% |
| 2026-08-21 | 23.75% |
| 2026-08-20 | 23.74% |
| 2026-08-19 | 23.74% |
| 2026-08-18 | 23.74% |
| 2026-08-17 | 23.74% |
| 2026-08-14 | 23.74% |
| 2026-08-13 | 23.74% |
| 2026-08-12 | 23.74% |
| 2026-08-11 | 23.74% |
| 2026-08-10 | 23.74% |
| 2026-08-07 | 23.75% |
| 2026-08-06 | 23.74% |
| 2026-08-05 | 23.75% |
| 2026-08-04 | 23.74% |
| 2026-08-03 | 23.74% |
| 2026-07-31 | 23.75% |
| 2026-07-30 | 23.75% |
| 2026-07-29 | 23.74% |
| 2026-07-28 | 23.74% |
| 2026-07-27 | 23.74% |
| 2026-07-24 | 23.74% |
| 2026-07-23 | 23.75% |
| 2026-07-22 | 23.74% |
| 2026-07-21 | 23.74% |
| 2026-07-20 | 23.74% |
| 2026-07-17 | 23.75% |
| 2026-07-16 | 23.74% |
| 2026-07-15 | 23.74% |
| 2026-07-14 | 23.75% |
| 2026-07-13 | 23.74% |
| 2026-07-10 | 23.74% |
| 2026-07-09 | 23.74% |
| 2026-07-08 | 23.74% |
| 2026-07-07 | 23.74% |
| 2026-07-06 | 23.74% |
| 2026-07-02 | 23.74% |
| 2026-07-01 | 23.74% |
| 2026-06-30 | 23.74% |
| 2026-06-29 | 23.75% |
| 2026-06-26 | 23.74% |
| 2026-06-25 | 23.75% |
| 2026-06-24 | 23.75% |
| 2026-06-23 | 23.74% |
| 2026-06-22 | 23.75% |
| 2026-06-18 | 23.74% |
| 2026-06-17 | 23.75% |
| 2026-06-16 | 23.74% |
| 2026-06-15 | 23.74% |
| 2026-06-12 | 23.74% |
| 2026-06-11 | 23.75% |
| 2026-06-10 | 23.74% |
| 2026-06-09 | 29.40% |
| 2026-06-08 | 23.18% |
| 2026-06-05 | 23.18% |
| 2026-06-04 | 23.18% |
| 2026-06-03 | 23.19% |
| 2026-06-02 | 23.18% |
| 2026-06-01 | 25.11% |
| 2026-05-29 | 25.12% |
| 2026-05-28 | 25.11% |
| 2026-05-27 | 25.11% |
| 2026-05-26 | 25.11% |
| 2026-05-22 | 25.11% |
| 2026-05-21 | 25.12% |
| 2026-05-20 | 25.11% |
| 2026-05-19 | 25.12% |
| 2026-05-18 | 25.11% |
| 2026-05-15 | 25.12% |
| 2026-05-14 | 25.11% |
| 2026-05-13 | 25.12% |
| 2026-05-12 | 25.11% |
| 2026-05-11 | 25.11% |
| 2026-05-08 | 25.11% |
| 2026-05-07 | 25.11% |
| 2026-05-06 | 25.11% |
| 2026-05-05 | 25.12% |
| 2026-05-04 | 25.11% |
| 2026-05-01 | 25.11% |
| 2026-04-30 | 25.11% |
| 2026-04-29 | 25.11% |
| 2026-04-28 | 25.11% |
| 2026-04-27 | 25.12% |
| 2026-04-24 | 25.12% |
| 2026-04-23 | 25.11% |
| 2026-04-22 | 25.11% |
| 2026-04-21 | 25.11% |
| 2026-04-20 | 25.11% |
| 2026-04-17 | 25.12% |
| 2026-04-16 | 25.11% |
| 2026-04-15 | 25.11% |
| 2026-04-14 | 25.11% |
| 2026-04-13 | 25.12% |
| 2026-04-10 | 25.11% |
| 2026-04-09 | 25.12% |
| 2026-04-08 | 25.11% |
| 2026-04-07 | 25.11% |
| 2026-04-06 | 25.12% |
| 2026-04-02 | 25.11% |
| 2026-04-01 | 25.12% |
| 2026-03-31 | 25.11% |
| 2026-03-30 | 25.12% |
| 2026-03-27 | 25.12% |
| 2026-03-26 | 25.11% |
| 2026-03-25 | 25.11% |
| 2026-03-24 | 25.12% |
| 2026-03-23 | 25.12% |
| 2026-03-20 | 25.11% |
| 2026-03-19 | 25.11% |
| 2026-03-18 | 25.11% |
| 2026-03-17 | 31.24% |
| 2026-03-16 | 31.24% |
| 2026-03-13 | 31.24% |
| 2026-03-12 | 24.51% |
| 2026-03-11 | 24.51% |
| 2026-03-10 | 24.51% |
| 2026-03-09 | 24.51% |
| 2026-03-06 | 24.50% |
| 2026-03-05 | 24.51% |
| 2026-03-04 | 24.51% |
| 2026-03-03 | 24.51% |
| 2026-03-02 | 25.31% |
| 2026-02-27 | 25.31% |
| 2026-02-26 | 25.31% |
| 2026-02-25 | 25.31% |
| 2026-02-24 | 25.32% |
| 2026-02-23 | 25.32% |
| 2026-02-20 | 25.32% |
| 2026-02-19 | 25.31% |
| 2026-02-18 | 25.31% |
| 2026-02-17 | 25.31% |
| 2026-02-13 | 25.31% |
| 2026-02-12 | 25.32% |
| 2026-02-11 | 25.31% |
| 2026-02-10 | 25.31% |
| 2026-02-09 | 25.31% |
| 2026-02-06 | 25.31% |
| 2026-02-05 | 25.31% |
| 2026-02-04 | 25.31% |
| 2026-02-03 | 25.31% |
| 2026-02-02 | 25.31% |
| 2026-01-30 | 25.32% |
| 2026-01-29 | 25.31% |
| 2026-01-28 | 25.31% |
| 2026-01-27 | 25.31% |
| 2026-01-26 | 25.31% |
| 2026-01-23 | 25.31% |
| 2026-01-22 | 25.31% |
| 2026-01-21 | 25.31% |
| 2026-01-20 | 25.31% |
| 2026-01-16 | 25.32% |
| 2026-01-15 | 25.31% |
| 2026-01-14 | 25.31% |
| 2026-01-13 | 25.31% |
| 2026-01-12 | 25.31% |
| 2026-01-09 | 25.31% |
| 2026-01-08 | 25.31% |
| 2026-01-07 | 25.31% |
| 2026-01-06 | 25.31% |
| 2026-01-05 | 25.31% |
| 2026-01-02 | 25.31% |
| 2025-12-31 | 25.32% |
| 2025-12-30 | 25.31% |
| 2025-12-29 | 25.31% |
| 2025-12-26 | 25.31% |
| 2025-12-24 | 25.31% |
| 2025-12-23 | 25.31% |
| 2025-12-22 | 25.31% |
| 2025-12-19 | 25.31% |
| 2025-12-18 | 25.32% |
| 2025-12-17 | 25.31% |
| 2025-12-16 | 25.31% |
| 2025-12-15 | 25.31% |
| 2025-12-12 | 25.31% |
| 2025-12-11 | 25.31% |
| 2025-12-10 | 25.31% |
| 2025-12-09 | 31.06% |
| 2025-12-08 | 25.12% |
| 2025-12-05 | 25.12% |
| 2025-12-04 | 25.12% |
| 2025-12-03 | 25.12% |
| 2025-12-02 | 25.12% |
| 2025-12-01 | 25.11% |
| 2025-11-28 | 25.12% |
| 2025-11-26 | 25.11% |
| 2025-11-25 | 25.12% |
| 2025-11-24 | 25.12% |
| 2025-11-21 | 25.12% |
| 2025-11-20 | 25.12% |
| 2025-11-19 | 25.12% |
| 2025-11-18 | 25.12% |
| 2025-11-17 | 25.12% |
| 2025-11-14 | 25.12% |
| 2025-11-13 | 25.12% |
| 2025-11-12 | 25.12% |
| 2025-11-11 | 25.12% |
| 2025-11-10 | 25.12% |
| 2025-11-07 | 25.12% |
| 2025-11-06 | 25.12% |
| 2025-11-05 | 25.12% |
| 2025-11-04 | 25.12% |
| 2025-11-03 | 25.12% |
| 2025-10-31 | 25.12% |
| 2025-10-30 | 25.12% |
| 2025-10-29 | 25.12% |
| 2025-10-28 | 25.12% |
| 2025-10-27 | 25.12% |
| 2025-10-24 | 25.12% |
| 2025-10-23 | 25.12% |
| 2025-10-22 | 25.12% |
| 2025-10-21 | 25.12% |
| 2025-10-20 | 25.12% |
| 2025-10-17 | 25.12% |
| 2025-10-16 | 25.12% |
| 2025-10-15 | 25.12% |
| 2025-10-14 | 25.11% |
| 2025-10-13 | 25.12% |
| 2025-10-10 | 25.12% |
| 2025-10-09 | 25.12% |
| 2025-10-08 | 25.12% |
| 2025-10-07 | 25.12% |
| 2025-10-06 | 25.12% |
| 2025-10-03 | 25.12% |
| 2025-10-02 | 25.12% |
| 2025-10-01 | 25.12% |
| 2025-09-30 | 25.12% |
| 2025-09-29 | 25.11% |
| 2025-09-26 | 25.12% |
| 2025-09-25 | 25.12% |
| 2025-09-24 | 25.12% |
| 2025-09-23 | 25.11% |
| 2025-09-22 | 25.12% |
| 2025-09-19 | 25.12% |
| 2025-09-18 | 25.12% |
| 2025-09-17 | 25.12% |
| 2025-09-16 | 25.12% |
| 2025-09-15 | 25.12% |
| 2025-09-12 | 25.12% |
| 2025-09-11 | 25.11% |
| 2025-09-10 | 25.12% |
| 2025-09-09 | 30.96% |
| 2025-09-08 | 24.40% |
| 2025-09-05 | 24.41% |
| 2025-09-04 | 24.41% |
| 2025-09-03 | 24.41% |
| 2025-09-02 | 24.40% |
| 2025-08-29 | 24.41% |
| 2025-08-28 | 24.41% |
| 2025-08-27 | 24.41% |
| 2025-08-26 | 24.40% |
| 2025-08-25 | 24.40% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| $0.28 |
| 118.8% |
| 2020-01-31 | $4.63 | $1.02 | 22.0% |
| 2019-01-31 | $4.30 | $0.90 | 20.9% |
| 2018-01-31 | $3.58 | $0.64 | 17.9% |
| 2017-01-31 | $2.85 | $0.54 | 18.9% |
| 2016-01-31 | $2.53 | $0.47 | 18.6% |
| 2015-01-31 | $2.24 | $0.40 | 17.9% |
| 2014-01-31 | $1.97 | $0.34 | 17.3% |
| 2013-01-31 | $1.80 | $0.28 | 15.6% |
| 2012-01-31 | $1.46 | $0.22 | 15.1% |
| 2011-01-31 | $1.18 | $0.16 | 13.6% |
| 2010-01-31 | $0.90 | $0.11 | 12.2% |
| 2009-01-31 | $0.59 | $0.10 | 16.1% |
| 2008-01-31 | $0.48 | $0.07 | 15.6% |
| 2007-01-31 | $0.43 | $0.06 | 14.0% |
| 2006-01-31 | $0.35 | $0.05 | 15.0% |
| 2005-01-31 | $0.29 | $0.04 | 14.8% |
| 2004-01-31 | $0.38 | $0.03 | 7.6% |
| 2003-01-31 | $0.32 | $0.02 | 7.4% |
| 2002-01-31 | $0.24 | $0.02 | 9.0% |
| 2001-01-31 | $0.23 | $0.02 | 8.3% |
| 2000-01-31 | $0.21 | $0.02 | 7.8% |
| 1999-01-31 | $0.18 | $0.01 | 7.6% |
| 1998-01-31 | $0.15 | $0.01 | 7.5% |
| 1997-01-31 | $0.10 | $0.01 | 10.9% |
