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 49.03% is in line with its 5-year average of 46.05%, near the high end of its 5-year range (12.32%–58.24%).
As of Monday, October 5, 2026. 5.68% above its 12-month average of 46.39%.
Dividend Payout Ratio (49.03%) = TTM Dividends/Share ($0.76) / TTM EPS ($1.55)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
49.03%
DIVIDEND PAYOUT RATIO AVG TTM
46.39%
DIVIDEND PAYOUT RATIO AVG 3Y
49.15%
DIVIDEND PAYOUT RATIO AVG 5Y
46.05%
DIVIDEND PAYOUT RATIO AVG 10Y
43.01%
DIVIDEND PAYOUT RATIO AVG 15Y
43.01%
DIVIDEND PAYOUT RATIO AVG 20Y
47.43%
CURRENT VS TTM AVG
+5.68%
CURRENT VS 3Y AVG
-0.25%
CURRENT VS 5Y AVG
+6.47%
CURRENT VS 10Y AVG
+14.01%
CURRENT VS 15Y AVG
+14.01%
CURRENT VS 20Y AVG
+3.38%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $1.62 | $0.73 | 45.1% |
| 2024-12-31 | $1.43 | $0.72 | 50.3% |
| 2023-12-31 | $1.24 | $0.71 | 57.3% |
| 2022-12-31 | $1.67 | $0.64 | 38.3% |
| 2021-12-31 | $2.20 | $0.39 | 17.7% |
| 2020-12-31 | $1.45 |
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 |
|---|---|
| 2026-10-05 | 49.03% |
| 2026-10-02 | 49.02% |
| 2026-10-01 | 49.04% |
| 2026-09-30 | 49.04% |
| 2026-09-29 | 49.02% |
| 2026-09-28 | 49.03% |
| 2026-09-25 | 49.03% |
| 2026-09-24 | 49.02% |
| 2026-09-23 | 49.04% |
| 2026-09-22 | 49.03% |
| 2026-09-21 | 49.04% |
| 2026-09-18 | 49.03% |
| 2026-09-17 | 49.03% |
| 2026-09-16 | 49.03% |
| 2026-09-15 | 49.03% |
| 2026-09-14 | 48.39% |
| 2026-09-11 | 48.38% |
| 2026-09-10 | 48.40% |
| 2026-09-09 | 48.40% |
| 2026-09-08 | 48.38% |
| 2026-09-04 | 48.38% |
| 2026-09-03 | 48.39% |
| 2026-09-02 | 48.40% |
| 2026-09-01 | 48.40% |
| 2026-08-31 | 48.39% |
| 2026-08-28 | 48.38% |
| 2026-08-27 | 48.40% |
| 2026-08-26 | 48.38% |
| 2026-08-25 | 48.40% |
| 2026-08-24 | 48.38% |
| 2026-08-21 | 48.40% |
| 2026-08-20 | 48.38% |
| 2026-08-19 | 48.38% |
| 2026-08-18 | 48.39% |
| 2026-08-17 | 48.39% |
| 2026-08-14 | 48.39% |
| 2026-08-13 | 48.39% |
| 2026-08-12 | 48.39% |
| 2026-08-11 | 48.39% |
| 2026-08-10 | 48.38% |
| 2026-08-07 | 48.39% |
| 2026-08-06 | 48.39% |
| 2026-08-05 | 48.39% |
| 2026-08-04 | 50.01% |
| 2026-08-03 | 49.99% |
| 2026-07-31 | 50.00% |
| 2026-07-30 | 50.01% |
| 2026-07-29 | 49.99% |
| 2026-07-28 | 49.99% |
| 2026-07-27 | 49.99% |
| 2026-07-24 | 50.01% |
| 2026-07-23 | 49.99% |
| 2026-07-22 | 49.99% |
| 2026-07-21 | 49.99% |
| 2026-07-20 | 49.99% |
| 2026-07-17 | 49.99% |
| 2026-07-16 | 50.01% |
| 2026-07-15 | 49.99% |
| 2026-07-14 | 50.01% |
| 2026-07-13 | 50.00% |
| 2026-07-10 | 50.01% |
| 2026-07-09 | 50.01% |
| 2026-07-08 | 49.99% |
| 2026-07-07 | 50.00% |
| 2026-07-06 | 50.00% |
| 2026-07-02 | 50.01% |
| 2026-07-01 | 49.99% |
| 2026-06-30 | 50.01% |
| 2026-06-29 | 50.01% |
| 2026-06-26 | 50.00% |
| 2026-06-25 | 50.00% |
| 2026-06-24 | 50.01% |
| 2026-06-23 | 49.99% |
| 2026-06-22 | 50.00% |
| 2026-06-18 | 50.00% |
| 2026-06-17 | 50.00% |
| 2026-06-16 | 50.01% |
| 2026-06-15 | 50.01% |
| 2026-06-12 | 49.34% |
| 2026-06-11 | 49.33% |
| 2026-06-10 | 49.34% |
| 2026-06-09 | 49.33% |
| 2026-06-08 | 49.33% |
| 2026-06-05 | 49.34% |
| 2026-06-04 | 49.33% |
| 2026-06-03 | 49.32% |
| 2026-06-02 | 49.33% |
| 2026-06-01 | 49.33% |
| 2026-05-29 | 49.34% |
| 2026-05-28 | 49.33% |
| 2026-05-27 | 49.34% |
| 2026-05-26 | 49.33% |
| 2026-05-22 | 49.34% |
| 2026-05-21 | 49.33% |
| 2026-05-20 | 49.33% |
| 2026-05-19 | 49.34% |
| 2026-05-18 | 49.34% |
| 2026-05-15 | 49.34% |
| 2026-05-14 | 49.33% |
| 2026-05-13 | 49.34% |
| 2026-05-12 | 49.34% |
| 2026-05-11 | 49.33% |
| 2026-05-08 | 49.34% |
| 2026-05-07 | 49.33% |
| 2026-05-06 | 46.84% |
| 2026-05-05 | 46.84% |
| 2026-05-04 | 46.84% |
| 2026-05-01 | 46.84% |
| 2026-04-30 | 46.84% |
| 2026-04-29 | 46.84% |
| 2026-04-28 | 46.83% |
| 2026-04-27 | 46.84% |
| 2026-04-24 | 46.84% |
| 2026-04-23 | 46.85% |
| 2026-04-22 | 46.82% |
| 2026-04-21 | 46.83% |
| 2026-04-20 | 46.84% |
| 2026-04-17 | 46.85% |
| 2026-04-16 | 46.83% |
| 2026-04-15 | 46.83% |
| 2026-04-14 | 46.84% |
| 2026-04-13 | 46.84% |
| 2026-04-10 | 46.84% |
| 2026-04-09 | 46.83% |
| 2026-04-08 | 46.83% |
| 2026-04-07 | 46.84% |
| 2026-04-06 | 46.83% |
| 2026-04-02 | 46.82% |
| 2026-04-01 | 46.82% |
| 2026-03-31 | 46.83% |
| 2026-03-30 | 46.84% |
| 2026-03-27 | 46.83% |
| 2026-03-26 | 46.84% |
| 2026-03-25 | 46.85% |
| 2026-03-24 | 46.83% |
| 2026-03-23 | 46.83% |
| 2026-03-20 | 46.83% |
| 2026-03-19 | 46.83% |
| 2026-03-18 | 46.83% |
| 2026-03-17 | 46.85% |
| 2026-03-16 | 46.83% |
| 2026-03-13 | 58.24% |
| 2026-03-12 | 46.21% |
| 2026-03-11 | 46.20% |
| 2026-03-10 | 46.21% |
| 2026-03-09 | 46.21% |
| 2026-03-06 | 46.20% |
| 2026-03-05 | 46.20% |
| 2026-03-04 | 46.19% |
| 2026-03-03 | 46.20% |
| 2026-03-02 | 46.21% |
| 2026-02-27 | 43.19% |
| 2026-02-26 | 43.20% |
| 2026-02-25 | 43.19% |
| 2026-02-24 | 43.19% |
| 2026-02-23 | 43.20% |
| 2026-02-20 | 43.19% |
| 2026-02-19 | 43.20% |
| 2026-02-18 | 43.19% |
| 2026-02-17 | 43.20% |
| 2026-02-13 | 43.19% |
| 2026-02-12 | 43.19% |
| 2026-02-11 | 43.19% |
| 2026-02-10 | 43.20% |
| 2026-02-09 | 43.20% |
| 2026-02-06 | 43.19% |
| 2026-02-05 | 43.19% |
| 2026-02-04 | 43.20% |
| 2026-02-03 | 43.19% |
| 2026-02-02 | 43.20% |
| 2026-01-30 | 43.20% |
| 2026-01-29 | 43.20% |
| 2026-01-28 | 43.20% |
| 2026-01-27 | 43.21% |
| 2026-01-26 | 43.19% |
| 2026-01-23 | 43.20% |
| 2026-01-22 | 43.20% |
| 2026-01-21 | 43.19% |
| 2026-01-20 | 43.21% |
| 2026-01-16 | 43.20% |
| 2026-01-15 | 43.19% |
| 2026-01-14 | 43.19% |
| 2026-01-13 | 43.20% |
| 2026-01-12 | 43.19% |
| 2026-01-09 | 43.21% |
| 2026-01-08 | 43.19% |
| 2026-01-07 | 43.20% |
| 2026-01-06 | 43.19% |
| 2026-01-05 | 43.20% |
| 2026-01-02 | 43.19% |
| 2025-12-31 | 43.19% |
| 2025-12-30 | 43.21% |
| 2025-12-29 | 43.21% |
| 2025-12-26 | 43.19% |
| 2025-12-24 | 43.18% |
| 2025-12-23 | 43.19% |
| 2025-12-22 | 43.19% |
| 2025-12-19 | 43.20% |
| 2025-12-18 | 43.21% |
| 2025-12-17 | 43.19% |
| 2025-12-16 | 43.20% |
| 2025-12-15 | 43.19% |
| 2025-12-12 | 42.60% |
| 2025-12-11 | 42.61% |
| 2025-12-10 | 42.60% |
| 2025-12-09 | 42.60% |
| 2025-12-08 | 42.61% |
| 2025-12-05 | 42.60% |
| 2025-12-04 | 42.61% |
| 2025-12-03 | 42.61% |
| 2025-12-02 | 42.61% |
| 2025-12-01 | 42.59% |
| 2025-11-28 | 42.59% |
| 2025-11-26 | 42.61% |
| 2025-11-25 | 42.60% |
| 2025-11-24 | 42.61% |
| 2025-11-21 | 42.60% |
| 2025-11-20 | 42.61% |
| 2025-11-19 | 42.60% |
| 2025-11-18 | 42.61% |
| 2025-11-17 | 42.61% |
| 2025-11-14 | 42.59% |
| 2025-11-13 | 42.60% |
| 2025-11-12 | 42.59% |
| 2025-11-11 | 42.60% |
| 2025-11-10 | 42.61% |
| 2025-11-07 | 42.60% |
| 2025-11-06 | 42.60% |
| 2025-11-05 | 44.16% |
| 2025-11-04 | 44.17% |
| 2025-11-03 | 44.16% |
| 2025-10-31 | 44.17% |
| 2025-10-30 | 44.17% |
| 2025-10-29 | 44.18% |
| 2025-10-28 | 44.17% |
| 2025-10-27 | 44.18% |
| 2025-10-24 | 44.18% |
| 2025-10-23 | 44.18% |
| 2025-10-22 | 44.17% |
| 2025-10-21 | 44.17% |
| 2025-10-20 | 44.17% |
| 2025-10-17 | 44.18% |
| 2025-10-16 | 44.17% |
| 2025-10-15 | 44.16% |
| 2025-10-14 | 44.17% |
| 2025-10-13 | 44.16% |
| 2025-10-10 | 44.17% |
| 2025-10-09 | 44.17% |
| 2025-10-08 | 44.17% |
| 2025-10-07 | 44.17% |
| 2025-10-06 | 44.18% |
| 2025-10-03 | 44.17% |
| 2025-10-02 | 44.17% |
| 2025-10-01 | 44.17% |
| 2025-09-30 | 44.17% |
| 2025-09-29 | 44.17% |
| 2025-09-26 | 44.16% |
| 2025-09-25 | 44.17% |
| 2025-09-24 | 44.18% |
| 2025-09-23 | 44.17% |
Showing the most recent 260 of 1,038 data points. The chart above shows the full history.
| $0.00 |
| 0.0% |
| 2019-12-31 | $1.92 | $0.00 | 0.0% |
| 2018-12-31 | $1.40 | $0.00 | 0.0% |
| 2017-12-31 | $1.01 | $0.00 | 0.0% |
| 2016-12-31 | $0.79 | $0.00 | 0.0% |
| 2015-12-31 | $0.66 | $0.00 | 0.0% |
| 2014-12-31 | $0.21 | $0.00 | 0.0% |
| 2013-12-31 | $2.46 | $0.00 | 0.0% |
| 2012-12-31 | ($0.25) | $0.00 | N/A (Loss) |
| 2011-12-31 | $0.15 | $0.00 | 0.0% |
| 2010-12-31 | ($2.40) | $0.00 | N/A (Loss) |
| 2009-12-31 | ($23.40) | $0.05 | N/A (Loss) |
| 2008-12-31 | ($12.05) | $1.70 | N/A (Loss) |
| 2007-12-31 | $2.60 | $3.20 | 123.1% |
| 2006-12-31 | $6.50 | $3.05 | 46.9% |
| 2005-12-31 | $6.35 | $2.90 | 45.7% |
| 2004-12-31 | $4.85 | $2.70 | 55.7% |
| 2003-12-31 | $4.55 | $2.30 | 50.5% |
| 2002-12-31 | $4.55 | $1.86 | 41.0% |
| 2001-12-31 | $4.55 | $1.73 | 38.0% |
| 2000-12-31 | $3.83 | $1.61 | 41.9% |
| 1999-12-31 | $3.68 | $1.48 | 40.3% |
| 1998-12-31 | $2.85 | $1.33 | 46.8% |
| 1997-12-31 | $0.67 | $1.24 | 185.4% |
| 1996-12-31 | $0.79 | $0.98 | 124.7% |
