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 41.79% is in line with its 5-year average of 41.13%, around the middle of its 5-year range (28.93%–51.46%).
As of Friday, October 2, 2026. 3.50% above its 12-month average of 40.37%.
Dividend Payout Ratio (41.79%) = TTM Dividends/Share ($2.16) / TTM EPS ($5.17)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-02.
DIVIDEND PAYOUT RATIO
41.79%
DIVIDEND PAYOUT RATIO AVG TTM
40.37%
DIVIDEND PAYOUT RATIO AVG 3Y
40.42%
DIVIDEND PAYOUT RATIO AVG 5Y
41.13%
DIVIDEND PAYOUT RATIO AVG 10Y
47.04%
DIVIDEND PAYOUT RATIO AVG 15Y
47.20%
DIVIDEND PAYOUT RATIO AVG 20Y
50.70%
CURRENT VS TTM AVG
+3.50%
CURRENT VS 3Y AVG
+3.39%
CURRENT VS 5Y AVG
+1.60%
CURRENT VS 10Y AVG
-11.16%
CURRENT VS 15Y AVG
-11.47%
CURRENT VS 20Y AVG
-17.58%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-05-31 | $5.19 | $2.13 | 41.0% |
| 2025-05-31 | $5.38 | $1.99 | 37.0% |
| 2024-05-31 | $4.58 | $1.80 | 39.3% |
| 2023-05-31 | $3.74 | $1.66 | 44.4% |
| 2022-05-31 | $3.81 | $1.58 | 41.5% |
| 2021-05-31 | $3.89 |
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 |
|---|---|
| 2026-10-02 | 41.79% |
| 2026-10-01 | 41.78% |
| 2026-09-30 | 41.79% |
| 2026-09-29 | 41.79% |
| 2026-09-28 | 41.78% |
| 2026-09-25 | 41.78% |
| 2026-09-24 | 41.77% |
| 2026-09-23 | 41.77% |
| 2026-09-22 | 41.78% |
| 2026-09-21 | 41.78% |
| 2026-09-18 | 41.79% |
| 2026-09-17 | 41.77% |
| 2026-09-16 | 41.78% |
| 2026-09-15 | 41.78% |
| 2026-09-14 | 41.78% |
| 2026-09-11 | 41.77% |
| 2026-09-10 | 41.78% |
| 2026-09-09 | 41.79% |
| 2026-09-08 | 41.78% |
| 2026-09-04 | 41.78% |
| 2026-09-03 | 41.79% |
| 2026-09-02 | 41.79% |
| 2026-09-01 | 41.78% |
| 2026-08-31 | 41.79% |
| 2026-08-28 | 41.78% |
| 2026-08-27 | 41.77% |
| 2026-08-26 | 41.79% |
| 2026-08-25 | 41.79% |
| 2026-08-24 | 41.77% |
| 2026-08-21 | 41.78% |
| 2026-08-20 | 41.79% |
| 2026-08-19 | 41.78% |
| 2026-08-18 | 41.77% |
| 2026-08-17 | 41.78% |
| 2026-08-14 | 41.79% |
| 2026-08-13 | 41.78% |
| 2026-08-12 | 41.78% |
| 2026-08-11 | 41.77% |
| 2026-08-10 | 41.77% |
| 2026-08-07 | 41.78% |
| 2026-08-06 | 41.78% |
| 2026-08-05 | 41.79% |
| 2026-08-04 | 41.78% |
| 2026-08-03 | 41.77% |
| 2026-07-31 | 41.78% |
| 2026-07-30 | 41.79% |
| 2026-07-29 | 41.78% |
| 2026-07-28 | 41.78% |
| 2026-07-27 | 41.79% |
| 2026-07-24 | 41.79% |
| 2026-07-23 | 41.77% |
| 2026-07-22 | 41.62% |
| 2026-07-21 | 41.61% |
| 2026-07-20 | 41.61% |
| 2026-07-17 | 41.63% |
| 2026-07-16 | 41.61% |
| 2026-07-15 | 41.61% |
| 2026-07-14 | 51.46% |
| 2026-07-13 | 41.04% |
| 2026-07-10 | 41.04% |
| 2026-07-09 | 41.05% |
| 2026-07-08 | 41.04% |
| 2026-07-07 | 41.03% |
| 2026-07-06 | 41.04% |
| 2026-07-02 | 41.05% |
| 2026-07-01 | 41.05% |
| 2026-06-30 | 41.05% |
| 2026-06-29 | 41.05% |
| 2026-06-26 | 41.04% |
| 2026-06-25 | 41.04% |
| 2026-06-24 | 41.05% |
| 2026-06-23 | 41.04% |
| 2026-06-22 | 41.03% |
| 2026-06-18 | 41.04% |
| 2026-06-17 | 41.04% |
| 2026-06-16 | 41.05% |
| 2026-06-15 | 41.03% |
| 2026-06-12 | 41.05% |
| 2026-06-11 | 41.04% |
| 2026-06-10 | 41.04% |
| 2026-06-09 | 41.05% |
| 2026-06-08 | 41.05% |
| 2026-06-05 | 41.03% |
| 2026-06-04 | 41.04% |
| 2026-06-03 | 41.04% |
| 2026-06-02 | 41.03% |
| 2026-06-01 | 41.04% |
| 2026-05-29 | 41.04% |
| 2026-05-28 | 41.04% |
| 2026-05-27 | 41.05% |
| 2026-05-26 | 41.05% |
| 2026-05-22 | 41.04% |
| 2026-05-21 | 41.05% |
| 2026-05-20 | 41.04% |
| 2026-05-19 | 41.03% |
| 2026-05-18 | 41.04% |
| 2026-05-15 | 41.04% |
| 2026-05-14 | 41.05% |
| 2026-05-13 | 41.04% |
| 2026-05-12 | 41.04% |
| 2026-05-11 | 41.04% |
| 2026-05-08 | 41.03% |
| 2026-05-07 | 41.05% |
| 2026-05-06 | 41.05% |
| 2026-05-05 | 41.03% |
| 2026-05-04 | 41.03% |
| 2026-05-01 | 41.05% |
| 2026-04-30 | 41.04% |
| 2026-04-29 | 41.04% |
| 2026-04-28 | 41.04% |
| 2026-04-27 | 41.04% |
| 2026-04-24 | 41.05% |
| 2026-04-23 | 41.05% |
| 2026-04-22 | 41.03% |
| 2026-04-21 | 41.04% |
| 2026-04-20 | 41.04% |
| 2026-04-17 | 41.04% |
| 2026-04-16 | 50.88% |
| 2026-04-15 | 40.45% |
| 2026-04-14 | 40.47% |
| 2026-04-13 | 40.47% |
| 2026-04-10 | 40.46% |
| 2026-04-09 | 40.46% |
| 2026-04-08 | 40.47% |
| 2026-04-07 | 40.45% |
| 2026-04-06 | 40.46% |
| 2026-04-02 | 40.47% |
| 2026-04-01 | 40.46% |
| 2026-03-31 | 40.46% |
| 2026-03-30 | 40.45% |
| 2026-03-27 | 40.47% |
| 2026-03-26 | 40.45% |
| 2026-03-25 | 40.45% |
| 2026-03-24 | 40.46% |
| 2026-03-23 | 40.47% |
| 2026-03-20 | 40.45% |
| 2026-03-19 | 40.47% |
| 2026-03-18 | 40.47% |
| 2026-03-17 | 40.46% |
| 2026-03-16 | 40.47% |
| 2026-03-13 | 40.46% |
| 2026-03-12 | 40.46% |
| 2026-03-11 | 40.46% |
| 2026-03-10 | 40.46% |
| 2026-03-09 | 40.47% |
| 2026-03-06 | 40.46% |
| 2026-03-05 | 40.45% |
| 2026-03-04 | 40.47% |
| 2026-03-03 | 40.47% |
| 2026-03-02 | 40.45% |
| 2026-02-27 | 40.47% |
| 2026-02-26 | 40.46% |
| 2026-02-25 | 40.47% |
| 2026-02-24 | 40.47% |
| 2026-02-23 | 40.46% |
| 2026-02-20 | 40.47% |
| 2026-02-19 | 40.46% |
| 2026-02-18 | 40.46% |
| 2026-02-17 | 40.46% |
| 2026-02-13 | 40.47% |
| 2026-02-12 | 40.46% |
| 2026-02-11 | 40.46% |
| 2026-02-10 | 40.47% |
| 2026-02-09 | 40.47% |
| 2026-02-06 | 40.46% |
| 2026-02-05 | 40.47% |
| 2026-02-04 | 40.45% |
| 2026-02-03 | 40.47% |
| 2026-02-02 | 40.45% |
| 2026-01-30 | 40.46% |
| 2026-01-29 | 40.46% |
| 2026-01-28 | 40.47% |
| 2026-01-27 | 40.46% |
| 2026-01-26 | 40.47% |
| 2026-01-23 | 40.45% |
| 2026-01-22 | 40.46% |
| 2026-01-21 | 40.47% |
| 2026-01-20 | 40.47% |
| 2026-01-16 | 50.29% |
| 2026-01-15 | 39.88% |
| 2026-01-14 | 39.88% |
| 2026-01-13 | 39.89% |
| 2026-01-12 | 39.89% |
| 2026-01-09 | 39.88% |
| 2026-01-08 | 38.70% |
| 2026-01-07 | 38.69% |
| 2026-01-06 | 38.69% |
| 2026-01-05 | 38.69% |
| 2026-01-02 | 38.68% |
| 2025-12-31 | 38.69% |
| 2025-12-30 | 38.70% |
| 2025-12-29 | 38.70% |
| 2025-12-26 | 38.68% |
| 2025-12-24 | 38.68% |
| 2025-12-23 | 38.69% |
| 2025-12-22 | 38.70% |
| 2025-12-19 | 38.69% |
| 2025-12-18 | 38.69% |
| 2025-12-17 | 38.69% |
| 2025-12-16 | 38.69% |
| 2025-12-15 | 38.69% |
| 2025-12-12 | 38.69% |
| 2025-12-11 | 38.70% |
| 2025-12-10 | 38.69% |
| 2025-12-09 | 38.70% |
| 2025-12-08 | 38.69% |
| 2025-12-05 | 38.69% |
| 2025-12-04 | 38.70% |
| 2025-12-03 | 38.70% |
| 2025-12-02 | 38.68% |
| 2025-12-01 | 38.69% |
| 2025-11-28 | 38.70% |
| 2025-11-26 | 38.69% |
| 2025-11-25 | 38.69% |
| 2025-11-24 | 38.69% |
| 2025-11-21 | 38.69% |
| 2025-11-20 | 38.70% |
| 2025-11-19 | 38.69% |
| 2025-11-18 | 38.70% |
| 2025-11-17 | 38.68% |
| 2025-11-14 | 38.69% |
| 2025-11-13 | 38.69% |
| 2025-11-12 | 38.70% |
| 2025-11-11 | 38.70% |
| 2025-11-10 | 38.70% |
| 2025-11-07 | 38.68% |
| 2025-11-06 | 38.69% |
| 2025-11-05 | 38.70% |
| 2025-11-04 | 38.70% |
| 2025-11-03 | 38.69% |
| 2025-10-31 | 38.70% |
| 2025-10-30 | 38.69% |
| 2025-10-29 | 38.70% |
| 2025-10-28 | 38.70% |
| 2025-10-27 | 38.69% |
| 2025-10-24 | 38.69% |
| 2025-10-23 | 38.68% |
| 2025-10-22 | 38.69% |
| 2025-10-21 | 38.68% |
| 2025-10-20 | 38.69% |
| 2025-10-17 | 38.13% |
| 2025-10-16 | 38.13% |
| 2025-10-15 | 38.13% |
| 2025-10-14 | 38.13% |
| 2025-10-13 | 38.12% |
| 2025-10-10 | 38.13% |
| 2025-10-09 | 38.13% |
| 2025-10-08 | 38.12% |
| 2025-10-07 | 38.12% |
| 2025-10-06 | 38.14% |
| 2025-10-03 | 38.14% |
| 2025-10-02 | 38.13% |
| 2025-10-01 | 38.12% |
| 2025-09-30 | 38.12% |
| 2025-09-29 | 38.12% |
| 2025-09-26 | 38.13% |
| 2025-09-25 | 38.13% |
| 2025-09-24 | 38.13% |
| 2025-09-23 | 38.14% |
| 2025-09-22 | 38.14% |
Showing the most recent 260 of 2,387 data points. The chart above shows the full history.
| $1.50 |
| 38.6% |
| 2020-05-31 | $2.35 | $1.43 | 60.9% |
| 2019-05-31 | $2.04 | $1.37 | 67.2% |
| 2018-05-31 | $2.57 | $1.26 | 49.0% |
| 2017-05-31 | $1.37 | $1.18 | 85.8% |
| 2016-05-31 | $2.70 | $1.08 | 40.2% |
| 2015-05-31 | $1.81 | $1.02 | 56.4% |
| 2014-05-31 | $2.20 | $0.94 | 43.0% |
| 2013-05-31 | $0.75 | $0.89 | 118.7% |
| 2012-05-31 | $1.65 | $0.85 | 51.8% |
| 2011-05-31 | $1.46 | $0.83 | 57.2% |
| 2010-05-31 | $1.40 | $0.81 | 58.2% |
| 2009-05-31 | $0.95 | $0.79 | 83.2% |
| 2008-05-31 | $0.40 | $0.74 | 186.2% |
| 2007-05-31 | $1.76 | $0.69 | 38.9% |
| 2006-05-31 | ($0.65) | $0.63 | N/A (Loss) |
| 2005-05-31 | $0.90 | $0.59 | 65.6% |
| 2004-05-31 | $1.23 | $0.55 | 44.7% |
| 2003-05-31 | $0.31 | $0.52 | 166.1% |
| 2002-05-31 | $0.97 | $0.50 | 51.5% |
| 2001-05-31 | $0.62 | $0.50 | 80.2% |
| 2000-05-31 | $0.38 | $0.49 | 128.0% |
| 1999-05-31 | $0.87 | $0.46 | 53.4% |
| 1998-05-31 | $0.89 | $0.44 | 49.4% |
| 1997-05-31 | $0.81 | $0.41 | 50.4% |
