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 37.30% is 31% below its 5-year average of 54.35%, near the low end of its 5-year range (27.25%–792.50%).
As of Friday, September 11, 2026. 7.75% below its 12-month average of 40.43%.
Dividend Payout Ratio (37.30%) = TTM Dividends/Share ($0.76) / TTM EPS ($2.05)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-11.
DIVIDEND PAYOUT RATIO
37.30%
DIVIDEND PAYOUT RATIO AVG TTM
40.43%
DIVIDEND PAYOUT RATIO AVG 3Y
53.48%
DIVIDEND PAYOUT RATIO AVG 5Y
54.35%
DIVIDEND PAYOUT RATIO AVG 10Y
67.98%
DIVIDEND PAYOUT RATIO AVG 15Y
67.86%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-7.75%
CURRENT VS 3Y AVG
-30.25%
CURRENT VS 5Y AVG
-31.37%
CURRENT VS 10Y AVG
-45.13%
CURRENT VS 15Y AVG
-45.03%
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-09-30 | $1.82 | $0.72 | 39.3% |
| 2024-09-30 | $0.90 | $0.67 | 74.4% |
| 2023-09-30 | $0.81 | $0.63 | 77.8% |
| 2022-09-30 | $0.85 | $0.59 | 69.4% |
| 2021-09-30 | $2.15 | $0.55 | 25.6% |
| 2020-09-30 | $1.22 |
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 |
|---|---|
| 2026-09-11 | 37.30% |
| 2026-09-10 | 37.29% |
| 2026-09-09 | 37.30% |
| 2026-09-08 | 37.30% |
| 2026-09-04 | 37.29% |
| 2026-09-03 | 37.33% |
| 2026-09-02 | 37.30% |
| 2026-09-01 | 37.32% |
| 2026-08-31 | 37.29% |
| 2026-08-28 | 37.35% |
| 2026-08-27 | 37.34% |
| 2026-08-26 | 37.31% |
| 2026-08-25 | 37.31% |
| 2026-08-24 | 37.34% |
| 2026-08-21 | 37.34% |
| 2026-08-20 | 37.34% |
| 2026-08-19 | 37.31% |
| 2026-08-18 | 37.30% |
| 2026-08-17 | 37.30% |
| 2026-08-14 | 37.34% |
| 2026-08-13 | 37.33% |
| 2026-08-12 | 37.32% |
| 2026-08-11 | 37.31% |
| 2026-08-10 | 37.35% |
| 2026-08-07 | 37.33% |
| 2026-08-06 | 37.29% |
| 2026-08-05 | 31.61% |
| 2026-08-04 | 31.64% |
| 2026-08-03 | 31.61% |
| 2026-07-31 | 31.60% |
| 2026-07-30 | 31.64% |
| 2026-07-29 | 31.59% |
| 2026-07-28 | 31.59% |
| 2026-07-27 | 39.28% |
| 2026-07-24 | 31.08% |
| 2026-07-23 | 31.11% |
| 2026-07-22 | 31.09% |
| 2026-07-21 | 31.09% |
| 2026-07-20 | 31.08% |
| 2026-07-17 | 31.10% |
| 2026-07-16 | 31.10% |
| 2026-07-15 | 31.10% |
| 2026-07-14 | 31.09% |
| 2026-07-13 | 31.10% |
| 2026-07-10 | 31.07% |
| 2026-07-09 | 31.09% |
| 2026-07-08 | 31.07% |
| 2026-07-07 | 31.11% |
| 2026-07-06 | 31.10% |
| 2026-07-02 | 31.08% |
| 2026-07-01 | 31.08% |
| 2026-06-30 | 31.12% |
| 2026-06-29 | 31.07% |
| 2026-06-26 | 31.08% |
| 2026-06-25 | 31.12% |
| 2026-06-24 | 31.09% |
| 2026-06-23 | 31.08% |
| 2026-06-22 | 31.07% |
| 2026-06-18 | 31.10% |
| 2026-06-17 | 31.07% |
| 2026-06-16 | 31.11% |
| 2026-06-15 | 31.07% |
| 2026-06-12 | 31.10% |
| 2026-06-11 | 31.12% |
| 2026-06-10 | 31.09% |
| 2026-06-09 | 31.07% |
| 2026-06-08 | 31.11% |
| 2026-06-05 | 31.07% |
| 2026-06-04 | 31.10% |
| 2026-06-03 | 31.10% |
| 2026-06-02 | 31.08% |
| 2026-06-01 | 31.11% |
| 2026-05-29 | 31.12% |
| 2026-05-28 | 31.08% |
| 2026-05-27 | 31.07% |
| 2026-05-26 | 31.10% |
| 2026-05-22 | 31.08% |
| 2026-05-21 | 31.10% |
| 2026-05-20 | 31.09% |
| 2026-05-19 | 31.09% |
| 2026-05-18 | 31.09% |
| 2026-05-15 | 31.09% |
| 2026-05-14 | 31.12% |
| 2026-05-13 | 31.09% |
| 2026-05-12 | 31.10% |
| 2026-05-11 | 31.10% |
| 2026-05-08 | 31.11% |
| 2026-05-07 | 31.11% |
| 2026-05-06 | 42.52% |
| 2026-05-05 | 42.51% |
| 2026-05-04 | 42.50% |
| 2026-05-01 | 42.54% |
| 2026-04-30 | 42.52% |
| 2026-04-29 | 42.51% |
| 2026-04-28 | 42.49% |
| 2026-04-27 | 52.98% |
| 2026-04-24 | 41.80% |
| 2026-04-23 | 41.82% |
| 2026-04-22 | 41.82% |
| 2026-04-21 | 41.78% |
| 2026-04-20 | 41.83% |
| 2026-04-17 | 41.80% |
| 2026-04-16 | 41.80% |
| 2026-04-15 | 41.80% |
| 2026-04-14 | 41.80% |
| 2026-04-13 | 41.82% |
| 2026-04-10 | 41.81% |
| 2026-04-09 | 41.82% |
| 2026-04-08 | 41.80% |
| 2026-04-07 | 41.79% |
| 2026-04-06 | 41.81% |
| 2026-04-02 | 41.78% |
| 2026-04-01 | 41.78% |
| 2026-03-31 | 41.82% |
| 2026-03-30 | 41.83% |
| 2026-03-27 | 41.82% |
| 2026-03-26 | 41.81% |
| 2026-03-25 | 41.82% |
| 2026-03-24 | 41.82% |
| 2026-03-23 | 41.82% |
| 2026-03-20 | 41.83% |
| 2026-03-19 | 41.82% |
| 2026-03-18 | 41.83% |
| 2026-03-17 | 41.82% |
| 2026-03-16 | 41.80% |
| 2026-03-13 | 41.83% |
| 2026-03-12 | 41.80% |
| 2026-03-11 | 41.81% |
| 2026-03-10 | 41.81% |
| 2026-03-09 | 41.80% |
| 2026-03-06 | 41.83% |
| 2026-03-05 | 41.82% |
| 2026-03-04 | 41.80% |
| 2026-03-03 | 41.79% |
| 2026-03-02 | 41.78% |
| 2026-02-27 | 41.81% |
| 2026-02-26 | 41.79% |
| 2026-02-25 | 41.80% |
| 2026-02-24 | 41.82% |
| 2026-02-23 | 41.80% |
| 2026-02-20 | 41.79% |
| 2026-02-19 | 41.83% |
| 2026-02-18 | 41.80% |
| 2026-02-17 | 41.83% |
| 2026-02-13 | 41.81% |
| 2026-02-12 | 41.81% |
| 2026-02-11 | 41.78% |
| 2026-02-10 | 41.80% |
| 2026-02-09 | 41.78% |
| 2026-02-06 | 41.80% |
| 2026-02-05 | 41.82% |
| 2026-02-04 | 44.30% |
| 2026-02-03 | 44.29% |
| 2026-02-02 | 44.32% |
| 2026-01-30 | 44.32% |
| 2026-01-29 | 44.28% |
| 2026-01-28 | 44.29% |
| 2026-01-27 | 44.28% |
| 2026-01-26 | 54.66% |
| 2026-01-23 | 43.54% |
| 2026-01-22 | 43.57% |
| 2026-01-21 | 43.56% |
| 2026-01-20 | 43.59% |
| 2026-01-16 | 43.54% |
| 2026-01-15 | 43.56% |
| 2026-01-14 | 43.57% |
| 2026-01-13 | 43.54% |
| 2026-01-12 | 43.59% |
| 2026-01-09 | 43.58% |
| 2026-01-08 | 43.59% |
| 2026-01-07 | 43.59% |
| 2026-01-06 | 43.55% |
| 2026-01-05 | 43.59% |
| 2026-01-02 | 43.55% |
| 2025-12-31 | 43.56% |
| 2025-12-30 | 43.55% |
| 2025-12-29 | 43.56% |
| 2025-12-26 | 43.58% |
| 2025-12-24 | 43.58% |
| 2025-12-23 | 43.59% |
| 2025-12-22 | 43.56% |
| 2025-12-19 | 43.59% |
| 2025-12-18 | 43.58% |
| 2025-12-17 | 43.54% |
| 2025-12-16 | 43.58% |
| 2025-12-15 | 43.59% |
| 2025-12-12 | 43.56% |
| 2025-12-11 | 43.55% |
| 2025-12-10 | 43.59% |
| 2025-12-09 | 43.58% |
| 2025-12-08 | 47.21% |
| 2025-12-05 | 47.27% |
| 2025-12-04 | 47.25% |
| 2025-12-03 | 47.26% |
| 2025-12-02 | 47.27% |
| 2025-12-01 | 47.24% |
| 2025-11-28 | 47.23% |
| 2025-11-26 | 47.21% |
| 2025-11-25 | 47.24% |
| 2025-11-24 | 47.21% |
| 2025-11-21 | 47.23% |
| 2025-11-20 | 47.27% |
| 2025-11-19 | 47.26% |
| 2025-11-18 | 47.24% |
| 2025-11-17 | 47.26% |
| 2025-11-14 | 47.23% |
| 2025-11-13 | 47.21% |
| 2025-11-12 | 47.21% |
| 2025-11-11 | 47.22% |
| 2025-11-10 | 47.27% |
| 2025-11-07 | 47.21% |
| 2025-11-06 | 47.26% |
| 2025-11-05 | 47.24% |
| 2025-11-04 | 47.27% |
| 2025-11-03 | 47.21% |
| 2025-10-31 | 47.22% |
| 2025-10-30 | 47.26% |
| 2025-10-29 | 47.25% |
| 2025-10-28 | 47.21% |
| 2025-10-27 | 58.46% |
| 2025-10-24 | 46.43% |
| 2025-10-23 | 46.46% |
| 2025-10-22 | 46.45% |
| 2025-10-21 | 46.44% |
| 2025-10-20 | 46.45% |
| 2025-10-17 | 46.41% |
| 2025-10-16 | 46.41% |
| 2025-10-15 | 46.41% |
| 2025-10-14 | 46.43% |
| 2025-10-13 | 46.42% |
| 2025-10-10 | 46.41% |
| 2025-10-09 | 46.44% |
| 2025-10-08 | 46.41% |
| 2025-10-07 | 46.44% |
| 2025-10-06 | 46.42% |
| 2025-10-03 | 46.40% |
| 2025-10-02 | 46.40% |
| 2025-10-01 | 46.40% |
| 2025-09-30 | 46.42% |
| 2025-09-29 | 46.40% |
| 2025-09-26 | 46.43% |
| 2025-09-25 | 46.44% |
| 2025-09-24 | 46.43% |
| 2025-09-23 | 46.43% |
| 2025-09-22 | 46.43% |
| 2025-09-19 | 46.42% |
| 2025-09-18 | 46.43% |
| 2025-09-17 | 46.41% |
| 2025-09-16 | 46.44% |
| 2025-09-15 | 46.42% |
| 2025-09-12 | 46.43% |
| 2025-09-11 | 46.40% |
| 2025-09-10 | 46.41% |
| 2025-09-09 | 46.43% |
| 2025-09-08 | 46.45% |
| 2025-09-05 | 46.43% |
| 2025-09-04 | 46.42% |
| 2025-09-03 | 46.42% |
| 2025-09-02 | 46.40% |
| 2025-08-29 | 46.40% |
Showing the most recent 260 of 2,120 data points. The chart above shows the full history.
| $0.52 |
| 42.2% |
| 2019-09-30 | $0.35 | $0.48 | 138.6% |
| 2018-09-30 | $0.90 | $0.46 | 50.6% |
| 2017-09-30 | $0.46 | $0.42 | 92.4% |
| 2016-09-30 | $0.70 | $0.39 | 56.4% |
| 2015-09-30 | $0.59 | $0.36 | 61.8% |
| 2014-09-30 | $0.57 | $0.34 | 59.6% |
| 2013-09-30 | $0.47 | $0.32 | 68.0% |
| 2012-09-30 | $0.40 | $0.31 | 77.5% |
| 2011-09-30 | $0.35 | $0.30 | 87.1% |
| 2010-09-30 | $0.38 | $0.29 | 75.0% |
| 2009-09-30 | $1.43 | $0.20 | 14.2% |
| 2008-09-30 | ($0.18) | $0.00 | N/A (Loss) |
| 2007-09-30 | $0.50 | $0.00 | 0.0% |
| 2006-09-30 | ($1.02) | $0.00 | N/A (Loss) |
| 2005-09-30 | ($0.72) | $0.00 | N/A (Loss) |
| 2004-09-30 | ($0.17) | $2.30 | N/A (Loss) |
| 2003-09-30 | $0.01 | $2.30 | N/A |
| 2002-09-30 | ($0.39) | $2.30 | N/A (Loss) |
| 2001-09-30 | ($0.23) | $2.30 | N/A (Loss) |
| 2000-09-30 | $0.07 | $2.30 | N/A |
| 1999-09-30 | ($2.59) | $2.25 | N/A (Loss) |
| 1998-09-30 | ($0.17) | $2.20 | N/A (Loss) |
| 1997-09-30 | $0.37 | $2.20 | 594.6% |
| 1996-09-30 | $0.11 | $1.17 | N/A |
