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 54.16% is 30% below its 5-year average of 77.17%, near the low end of its 5-year range (43.12%–133.04%).
As of Saturday, August 8, 2026. 14.72% below its 12-month average of 63.51%.
Dividend Payout Ratio (54.16%) = TTM Dividends/Share ($3.70) / TTM EPS ($6.83)
DIVIDEND PAYOUT RATIO
54.16%
DIVIDEND PAYOUT RATIO AVG TTM
63.51%
DIVIDEND PAYOUT RATIO AVG 3Y
62.40%
DIVIDEND PAYOUT RATIO AVG 5Y
77.17%
DIVIDEND PAYOUT RATIO AVG 10Y
72.97%
DIVIDEND PAYOUT RATIO AVG 15Y
63.28%
DIVIDEND PAYOUT RATIO AVG 20Y
68.98%
CURRENT VS TTM AVG
-14.72%
CURRENT VS 3Y AVG
-13.20%
CURRENT VS 5Y AVG
-29.81%
CURRENT VS 10Y AVG
-25.78%
CURRENT VS 15Y AVG
-14.41%
CURRENT VS 20Y AVG
-21.48%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $5.24 | $3.09 | 58.9% |
| 2024 | $4.21 | $2.02 | 48.0% |
| 2023 | $3.09 | $3.93 | 127.2% |
| 2022 | $3.41 | $3.45 | 101.2% |
| 2021 | $4.39 | $3.15 | 71.8% |
| 2020 | $2.03 | $1.47 |
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 |
|---|---|
| 2026-08-07 | 54.16% |
| 2026-08-06 | 54.17% |
| 2026-08-05 | 54.17% |
| 2026-08-04 | 54.17% |
| 2026-08-03 | 54.17% |
| 2026-07-31 | 54.17% |
| 2026-07-30 | 61.56% |
| 2026-07-29 | 61.57% |
| 2026-07-28 | 61.57% |
| 2026-07-27 | 61.57% |
| 2026-07-24 | 61.56% |
| 2026-07-23 | 61.57% |
| 2026-07-22 | 61.57% |
| 2026-07-21 | 61.56% |
| 2026-07-20 | 61.56% |
| 2026-07-17 | 61.57% |
| 2026-07-16 | 61.57% |
| 2026-07-15 | 61.57% |
| 2026-07-14 | 61.57% |
| 2026-07-13 | 61.56% |
| 2026-07-10 | 61.57% |
| 2026-07-09 | 61.56% |
| 2026-07-08 | 61.56% |
| 2026-07-07 | 61.55% |
| 2026-07-06 | 61.56% |
| 2026-07-02 | 61.56% |
| 2026-07-01 | 61.57% |
| 2026-06-30 | 61.57% |
| 2026-06-29 | 61.57% |
| 2026-06-26 | 61.57% |
| 2026-06-25 | 61.56% |
| 2026-06-24 | 61.56% |
| 2026-06-23 | 61.56% |
| 2026-06-22 | 61.57% |
| 2026-06-18 | 61.56% |
| 2026-06-17 | 61.56% |
| 2026-06-16 | 61.57% |
| 2026-06-15 | 61.56% |
| 2026-06-12 | 61.57% |
| 2026-06-11 | 61.57% |
| 2026-06-10 | 61.56% |
| 2026-06-09 | 61.57% |
| 2026-06-08 | 61.57% |
| 2026-06-05 | 61.56% |
| 2026-06-04 | 61.56% |
| 2026-06-03 | 61.56% |
| 2026-06-02 | 61.57% |
| 2026-06-01 | 61.56% |
| 2026-05-29 | 61.56% |
| 2026-05-28 | 61.57% |
| 2026-05-27 | 61.56% |
| 2026-05-26 | 61.56% |
| 2026-05-22 | 61.57% |
| 2026-05-21 | 61.56% |
| 2026-05-20 | 61.57% |
| 2026-05-19 | 61.56% |
| 2026-05-18 | 61.56% |
| 2026-05-15 | 61.56% |
| 2026-05-14 | 61.56% |
| 2026-05-13 | 61.57% |
| 2026-05-12 | 44.93% |
| 2026-05-11 | 44.93% |
| 2026-05-08 | 44.93% |
| 2026-05-07 | 44.93% |
| 2026-05-06 | 44.93% |
| 2026-05-05 | 44.93% |
| 2026-05-04 | 44.93% |
| 2026-05-01 | 56.57% |
| 2026-04-30 | 56.56% |
| 2026-04-29 | 64.39% |
| 2026-04-28 | 64.39% |
| 2026-04-27 | 64.39% |
| 2026-04-24 | 64.39% |
| 2026-04-23 | 64.40% |
| 2026-04-22 | 64.40% |
| 2026-04-21 | 64.39% |
| 2026-04-20 | 64.39% |
| 2026-04-17 | 64.40% |
| 2026-04-16 | 64.39% |
| 2026-04-15 | 64.40% |
| 2026-04-14 | 64.39% |
| 2026-04-13 | 64.39% |
| 2026-04-10 | 64.39% |
| 2026-04-09 | 64.40% |
| 2026-04-08 | 64.40% |
| 2026-04-07 | 64.40% |
| 2026-04-06 | 64.39% |
| 2026-04-02 | 64.39% |
| 2026-04-01 | 64.39% |
| 2026-03-31 | 64.40% |
| 2026-03-30 | 64.40% |
| 2026-03-27 | 64.40% |
| 2026-03-26 | 64.40% |
| 2026-03-25 | 64.39% |
| 2026-03-24 | 64.39% |
| 2026-03-23 | 64.40% |
| 2026-03-20 | 64.39% |
| 2026-03-19 | 64.40% |
| 2026-03-18 | 64.40% |
| 2026-03-17 | 64.40% |
| 2026-03-16 | 64.38% |
| 2026-03-13 | 64.39% |
| 2026-03-12 | 64.40% |
| 2026-03-11 | 64.40% |
| 2026-03-10 | 64.39% |
| 2026-03-09 | 64.40% |
| 2026-03-06 | 64.39% |
| 2026-03-05 | 64.40% |
| 2026-03-04 | 64.39% |
| 2026-03-03 | 64.40% |
| 2026-03-02 | 64.40% |
| 2026-02-27 | 64.39% |
| 2026-02-26 | 71.88% |
| 2026-02-25 | 71.89% |
| 2026-02-24 | 71.88% |
| 2026-02-23 | 71.88% |
| 2026-02-20 | 71.89% |
| 2026-02-19 | 71.88% |
| 2026-02-18 | 71.88% |
| 2026-02-17 | 71.89% |
| 2026-02-13 | 71.88% |
| 2026-02-12 | 71.88% |
| 2026-02-11 | 71.88% |
| 2026-02-10 | 86.44% |
| 2026-02-09 | 65.30% |
| 2026-02-06 | 65.30% |
| 2026-02-05 | 65.31% |
| 2026-02-04 | 65.30% |
| 2026-02-03 | 65.30% |
| 2026-02-02 | 65.30% |
| 2026-01-30 | 65.30% |
| 2026-01-29 | 65.30% |
| 2026-01-28 | 65.31% |
| 2026-01-27 | 65.31% |
| 2026-01-26 | 65.31% |
| 2026-01-23 | 65.31% |
| 2026-01-22 | 65.30% |
| 2026-01-21 | 65.31% |
| 2026-01-20 | 65.29% |
| 2026-01-16 | 65.30% |
| 2026-01-15 | 65.31% |
| 2026-01-14 | 65.30% |
| 2026-01-13 | 65.30% |
| 2026-01-12 | 65.31% |
| 2026-01-09 | 65.30% |
| 2026-01-08 | 65.30% |
| 2026-01-07 | 65.30% |
| 2026-01-06 | 65.30% |
| 2026-01-05 | 65.30% |
| 2026-01-02 | 65.31% |
| 2025-12-31 | 65.30% |
| 2025-12-30 | 65.31% |
| 2025-12-29 | 65.30% |
| 2025-12-26 | 65.30% |
| 2025-12-24 | 65.31% |
| 2025-12-23 | 65.29% |
| 2025-12-22 | 65.31% |
| 2025-12-19 | 65.29% |
| 2025-12-18 | 65.30% |
| 2025-12-17 | 65.29% |
| 2025-12-16 | 65.31% |
| 2025-12-15 | 65.29% |
| 2025-12-12 | 65.31% |
| 2025-12-11 | 65.30% |
| 2025-12-10 | 65.30% |
| 2025-12-09 | 65.30% |
| 2025-12-08 | 65.31% |
| 2025-12-05 | 65.29% |
| 2025-12-04 | 65.31% |
| 2025-12-03 | 65.30% |
| 2025-12-02 | 65.30% |
| 2025-12-01 | 65.30% |
| 2025-11-28 | 65.29% |
| 2025-11-26 | 65.29% |
| 2025-11-25 | 65.31% |
| 2025-11-24 | 65.31% |
| 2025-11-21 | 65.30% |
| 2025-11-20 | 65.29% |
| 2025-11-19 | 65.31% |
| 2025-11-18 | 65.31% |
| 2025-11-17 | 65.30% |
| 2025-11-14 | 65.30% |
| 2025-11-13 | 65.29% |
| 2025-11-12 | 65.31% |
| 2025-11-11 | 46.28% |
| 2025-11-10 | 46.27% |
| 2025-11-07 | 46.28% |
| 2025-11-06 | 46.28% |
| 2025-11-05 | 60.85% |
| 2025-11-04 | 60.86% |
| 2025-11-03 | 60.86% |
| 2025-10-31 | 60.86% |
| 2025-10-30 | 63.40% |
| 2025-10-29 | 63.39% |
| 2025-10-28 | 63.41% |
| 2025-10-27 | 63.41% |
| 2025-10-24 | 63.41% |
| 2025-10-23 | 63.41% |
| 2025-10-22 | 63.40% |
| 2025-10-21 | 63.41% |
| 2025-10-20 | 63.40% |
| 2025-10-17 | 63.40% |
| 2025-10-16 | 63.40% |
| 2025-10-15 | 63.40% |
| 2025-10-14 | 63.41% |
| 2025-10-13 | 63.41% |
| 2025-10-10 | 63.42% |
| 2025-10-09 | 63.41% |
| 2025-10-08 | 63.40% |
| 2025-10-07 | 63.40% |
| 2025-10-06 | 63.41% |
| 2025-10-03 | 63.41% |
| 2025-10-02 | 63.40% |
| 2025-10-01 | 63.40% |
| 2025-09-30 | 63.40% |
| 2025-09-29 | 63.40% |
| 2025-09-26 | 63.40% |
| 2025-09-25 | 63.40% |
| 2025-09-24 | 63.40% |
| 2025-09-23 | 63.41% |
| 2025-09-22 | 63.41% |
| 2025-09-19 | 63.41% |
| 2025-09-18 | 63.42% |
| 2025-09-17 | 63.40% |
| 2025-09-16 | 63.41% |
| 2025-09-15 | 63.42% |
| 2025-09-12 | 63.41% |
| 2025-09-11 | 63.41% |
| 2025-09-10 | 63.41% |
| 2025-09-09 | 63.41% |
| 2025-09-08 | 63.40% |
| 2025-09-05 | 63.40% |
| 2025-09-04 | 63.41% |
| 2025-09-03 | 63.40% |
| 2025-09-02 | 63.40% |
| 2025-08-29 | 63.42% |
| 2025-08-28 | 63.39% |
| 2025-08-27 | 63.40% |
| 2025-08-26 | 63.41% |
| 2025-08-25 | 63.41% |
| 2025-08-22 | 63.39% |
| 2025-08-21 | 63.42% |
| 2025-08-20 | 63.41% |
| 2025-08-19 | 63.41% |
| 2025-08-18 | 63.41% |
| 2025-08-15 | 63.41% |
| 2025-08-14 | 45.79% |
| 2025-08-13 | 45.79% |
| 2025-08-12 | 45.79% |
| 2025-08-11 | 45.78% |
| 2025-08-08 | 58.74% |
| 2025-08-07 | 58.73% |
| 2025-08-06 | 58.74% |
| 2025-08-05 | 58.73% |
| 2025-08-04 | 58.74% |
| 2025-08-01 | 58.75% |
| 2025-07-31 | 58.73% |
| 2025-07-30 | 58.49% |
| 2025-07-29 | 58.47% |
| 2025-07-28 | 58.47% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| 72.4% |
| 2019 | $1.92 | $1.55 | 80.8% |
| 2018 | $2.00 | $1.38 | 69.1% |
| 2017 | $0.94 | $0.58 | 61.7% |
| 2016 | $1.00 | $0.18 | 17.7% |
| 2015 | $0.93 | $0.33 | 35.9% |
| 2014 | $1.61 | $0.45 | 28.1% |
| 2013 | $1.92 | $0.67 | 34.8% |
| 2012 | $2.28 | $0.95 | 41.5% |
| 2011 | $2.73 | $2.42 | 88.7% |
| 2010 | $1.81 | $1.66 | 91.6% |
| 2009 | $1.08 | $0.43 | 40.2% |
| 2008 | $1.58 | $1.91 | 121.0% |
| 2007 | $2.48 | $2.23 | 89.8% |
| 2006 | $2.28 | $1.68 | 73.6% |
| 2005 | $1.57 | $1.04 | 66.5% |
| 2004 | $1.10 | $0.39 | 35.6% |
| 2003 | $0.09 | $0.08 | 84.1% |
| 2002 | $0.12 | $0.06 | 48.1% |
| 2001 | $0.10 | $0.06 | 61.5% |
| 2000 | $0.19 | $0.05 | 27.9% |
| 1999 | $0.06 | $0.03 | 41.0% |
| 1998 | $0.11 | $0.08 | 76.2% |
| 1997 | $0.38 | $0.21 | 54.4% |
| 1996 | $0.37 | $0.24 | 64.2% |
