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 55.22% is 15% below its 5-year average of 64.84%, near the low end of its 5-year range (38.07%–228.28%).
As of Sunday, July 26, 2026. 15.68% above its 12-month average of 47.73%.
Dividend Payout Ratio (55.22%) = TTM Dividends/Share ($3.17) / TTM EPS ($5.73)
DIVIDEND PAYOUT RATIO
55.22%
DIVIDEND PAYOUT RATIO AVG TTM
47.73%
DIVIDEND PAYOUT RATIO AVG 3Y
45.35%
DIVIDEND PAYOUT RATIO AVG 5Y
47.57%
DIVIDEND PAYOUT RATIO AVG 10Y
55.50%
DIVIDEND PAYOUT RATIO AVG 15Y
56.07%
DIVIDEND PAYOUT RATIO AVG 20Y
51.99%
CURRENT VS TTM AVG
+15.68%
CURRENT VS 3Y AVG
+21.77%
CURRENT VS 5Y AVG
+16.07%
CURRENT VS 10Y AVG
-0.51%
CURRENT VS 15Y AVG
-1.52%
CURRENT VS 20Y AVG
+6.21%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $7.19 | $2.72 | 37.8% |
| 2024 | $5.80 | $2.53 | 43.6% |
| 2023 | $5.31 | $2.29 | 43.1% |
| 2022 | $2.28 | $2.27 | 99.4% |
| 2021 | $3.80 | $2.11 | 55.5% |
| 2020 | $2.93 | $8.24 |
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 |
|---|---|
| 2026-07-24 | 55.22% |
| 2026-07-23 | 55.23% |
| 2026-07-22 | 55.23% |
| 2026-07-21 | 55.22% |
| 2026-07-20 | 55.23% |
| 2026-07-17 | 55.22% |
| 2026-07-16 | 55.21% |
| 2026-07-15 | 55.23% |
| 2026-07-14 | 55.22% |
| 2026-07-13 | 55.22% |
| 2026-07-10 | 55.22% |
| 2026-07-09 | 55.22% |
| 2026-07-08 | 55.22% |
| 2026-07-07 | 55.22% |
| 2026-07-06 | 55.23% |
| 2026-07-02 | 55.23% |
| 2026-07-01 | 55.22% |
| 2026-06-30 | 55.23% |
| 2026-06-29 | 55.22% |
| 2026-06-26 | 55.22% |
| 2026-06-25 | 55.21% |
| 2026-06-24 | 55.22% |
| 2026-06-23 | 55.23% |
| 2026-06-22 | 55.22% |
| 2026-06-18 | 55.22% |
| 2026-06-17 | 55.21% |
| 2026-06-16 | 55.21% |
| 2026-06-15 | 55.22% |
| 2026-06-12 | 55.22% |
| 2026-06-11 | 55.22% |
| 2026-06-10 | 55.23% |
| 2026-06-09 | 55.21% |
| 2026-06-08 | 55.21% |
| 2026-06-05 | 55.22% |
| 2026-06-04 | 55.22% |
| 2026-06-03 | 55.21% |
| 2026-06-02 | 55.21% |
| 2026-06-01 | 55.21% |
| 2026-05-29 | 55.22% |
| 2026-05-28 | 55.21% |
| 2026-05-27 | 55.22% |
| 2026-05-26 | 55.23% |
| 2026-05-22 | 55.21% |
| 2026-05-21 | 55.22% |
| 2026-05-20 | 55.22% |
| 2026-05-19 | 55.23% |
| 2026-05-18 | 55.22% |
| 2026-05-15 | 55.22% |
| 2026-05-14 | 55.21% |
| 2026-05-13 | 55.23% |
| 2026-05-12 | 55.23% |
| 2026-05-11 | 55.22% |
| 2026-05-08 | 55.23% |
| 2026-05-07 | 55.21% |
| 2026-05-06 | 55.22% |
| 2026-05-05 | 55.22% |
| 2026-05-04 | 55.21% |
| 2026-05-01 | 55.22% |
| 2026-04-30 | 55.22% |
| 2026-04-29 | 55.21% |
| 2026-04-28 | 55.22% |
| 2026-04-27 | 55.22% |
| 2026-04-24 | 55.22% |
| 2026-04-23 | 55.21% |
| 2026-04-22 | 55.23% |
| 2026-04-21 | 55.23% |
| 2026-04-20 | 55.22% |
| 2026-04-17 | 55.21% |
| 2026-04-16 | 55.22% |
| 2026-04-15 | 55.23% |
| 2026-04-14 | 55.22% |
| 2026-04-13 | 55.21% |
| 2026-04-10 | 55.23% |
| 2026-04-09 | 55.23% |
| 2026-04-08 | 55.22% |
| 2026-04-07 | 55.22% |
| 2026-04-06 | 55.22% |
| 2026-04-02 | 55.23% |
| 2026-04-01 | 55.23% |
| 2026-03-31 | 55.22% |
| 2026-03-30 | 55.23% |
| 2026-03-27 | 55.01% |
| 2026-03-26 | 55.01% |
| 2026-03-25 | 55.02% |
| 2026-03-24 | 55.02% |
| 2026-03-23 | 55.01% |
| 2026-03-20 | 54.99% |
| 2026-03-19 | 55.00% |
| 2026-03-18 | 55.01% |
| 2026-03-17 | 55.02% |
| 2026-03-16 | 55.00% |
| 2026-03-13 | 55.00% |
| 2026-03-12 | 55.01% |
| 2026-03-11 | 55.00% |
| 2026-03-10 | 55.00% |
| 2026-03-09 | 55.01% |
| 2026-03-06 | 55.01% |
| 2026-03-05 | 55.00% |
| 2026-03-04 | 55.02% |
| 2026-03-03 | 55.00% |
| 2026-03-02 | 55.01% |
| 2026-02-27 | 55.00% |
| 2026-02-26 | 55.00% |
| 2026-02-25 | 55.01% |
| 2026-02-24 | 55.00% |
| 2026-02-23 | 55.00% |
| 2026-02-20 | 55.01% |
| 2026-02-19 | 55.01% |
| 2026-02-18 | 55.00% |
| 2026-02-17 | 55.01% |
| 2026-02-13 | 102.18% |
| 2026-02-12 | 47.18% |
| 2026-02-11 | 47.19% |
| 2026-02-10 | 47.18% |
| 2026-02-09 | 47.18% |
| 2026-02-06 | 47.19% |
| 2026-02-05 | 47.17% |
| 2026-02-04 | 47.17% |
| 2026-02-03 | 47.19% |
| 2026-02-02 | 47.17% |
| 2026-01-30 | 47.19% |
| 2026-01-29 | 47.17% |
| 2026-01-28 | 47.18% |
| 2026-01-27 | 47.18% |
| 2026-01-26 | 47.19% |
| 2026-01-23 | 47.19% |
| 2026-01-22 | 47.18% |
| 2026-01-21 | 47.19% |
| 2026-01-20 | 47.18% |
| 2026-01-16 | 47.18% |
| 2026-01-15 | 47.17% |
| 2026-01-14 | 47.19% |
| 2026-01-13 | 47.18% |
| 2026-01-12 | 47.18% |
| 2026-01-09 | 47.19% |
| 2026-01-08 | 47.19% |
| 2026-01-07 | 47.19% |
| 2026-01-06 | 47.18% |
| 2026-01-05 | 47.17% |
| 2026-01-02 | 47.19% |
| 2025-12-31 | 47.18% |
| 2025-12-30 | 47.19% |
| 2025-12-29 | 40.82% |
| 2025-12-26 | 40.82% |
| 2025-12-24 | 40.82% |
| 2025-12-23 | 40.81% |
| 2025-12-22 | 40.81% |
| 2025-12-19 | 40.81% |
| 2025-12-18 | 40.83% |
| 2025-12-17 | 40.82% |
| 2025-12-16 | 40.81% |
| 2025-12-15 | 40.82% |
| 2025-12-12 | 40.81% |
| 2025-12-11 | 40.81% |
| 2025-12-10 | 40.82% |
| 2025-12-09 | 40.83% |
| 2025-12-08 | 40.83% |
| 2025-12-05 | 40.81% |
| 2025-12-04 | 40.81% |
| 2025-12-03 | 40.82% |
| 2025-12-02 | 40.82% |
| 2025-12-01 | 40.82% |
| 2025-11-28 | 40.81% |
| 2025-11-26 | 40.82% |
| 2025-11-25 | 40.81% |
| 2025-11-24 | 40.82% |
| 2025-11-21 | 40.82% |
| 2025-11-20 | 40.81% |
| 2025-11-19 | 40.83% |
| 2025-11-18 | 40.82% |
| 2025-11-17 | 40.82% |
| 2025-11-14 | 40.81% |
| 2025-11-13 | 40.82% |
| 2025-11-12 | 40.83% |
| 2025-11-11 | 40.81% |
| 2025-11-10 | 40.81% |
| 2025-11-07 | 40.82% |
| 2025-11-06 | 40.83% |
| 2025-11-05 | 40.82% |
| 2025-11-04 | 40.81% |
| 2025-11-03 | 40.81% |
| 2025-10-31 | 40.83% |
| 2025-10-30 | 40.81% |
| 2025-10-29 | 40.82% |
| 2025-10-28 | 40.82% |
| 2025-10-27 | 40.81% |
| 2025-10-24 | 40.82% |
| 2025-10-23 | 40.82% |
| 2025-10-22 | 40.82% |
| 2025-10-21 | 40.82% |
| 2025-10-20 | 40.81% |
| 2025-10-17 | 40.82% |
| 2025-10-16 | 40.82% |
| 2025-10-15 | 40.81% |
| 2025-10-14 | 40.82% |
| 2025-10-13 | 40.81% |
| 2025-10-10 | 40.82% |
| 2025-10-09 | 40.81% |
| 2025-10-08 | 40.82% |
| 2025-10-07 | 40.81% |
| 2025-10-06 | 40.81% |
| 2025-10-03 | 40.81% |
| 2025-10-02 | 40.81% |
| 2025-10-01 | 40.83% |
| 2025-09-30 | 40.82% |
| 2025-09-29 | 39.98% |
| 2025-09-26 | 39.98% |
| 2025-09-25 | 39.99% |
| 2025-09-24 | 39.97% |
| 2025-09-23 | 39.97% |
| 2025-09-22 | 39.97% |
| 2025-09-19 | 39.98% |
| 2025-09-18 | 39.98% |
| 2025-09-17 | 39.97% |
| 2025-09-16 | 39.97% |
| 2025-09-15 | 39.98% |
| 2025-09-12 | 39.99% |
| 2025-09-11 | 39.97% |
| 2025-09-10 | 39.98% |
| 2025-09-09 | 39.97% |
| 2025-09-08 | 39.97% |
| 2025-09-05 | 39.98% |
| 2025-09-04 | 39.98% |
| 2025-09-03 | 39.97% |
| 2025-09-02 | 39.99% |
| 2025-08-29 | 39.97% |
| 2025-08-28 | 39.97% |
| 2025-08-27 | 39.97% |
| 2025-08-26 | 39.97% |
| 2025-08-25 | 39.97% |
| 2025-08-22 | 39.98% |
| 2025-08-21 | 39.98% |
| 2025-08-20 | 39.98% |
| 2025-08-19 | 39.98% |
| 2025-08-18 | 39.97% |
| 2025-08-15 | 39.97% |
| 2025-08-14 | 39.98% |
| 2025-08-13 | 39.97% |
| 2025-08-12 | 39.98% |
| 2025-08-11 | 39.99% |
| 2025-08-08 | 39.98% |
| 2025-08-07 | 39.98% |
| 2025-08-06 | 39.97% |
| 2025-08-05 | 39.97% |
| 2025-08-04 | 39.97% |
| 2025-08-01 | 39.97% |
| 2025-07-31 | 39.98% |
| 2025-07-30 | 39.97% |
| 2025-07-29 | 39.97% |
| 2025-07-28 | 39.97% |
| 2025-07-25 | 39.97% |
| 2025-07-24 | 39.98% |
| 2025-07-23 | 39.98% |
| 2025-07-22 | 39.97% |
| 2025-07-21 | 39.98% |
| 2025-07-18 | 39.98% |
| 2025-07-17 | 39.98% |
| 2025-07-16 | 39.98% |
| 2025-07-15 | 39.98% |
| 2025-07-14 | 39.98% |
Showing the most recent 260 of 2,649 data points. The chart above shows the full history.
| 281.2% |
| 2019 | $3.50 | $2.17 | 62.2% |
| 2018 | $4.13 | $2.30 | 55.6% |
| 2017 | $4.30 | $1.93 | 44.9% |
| 2016 | $3.66 | $1.91 | 52.1% |
| 2015 | $3.57 | $1.87 | 52.6% |
| 2014 | $3.86 | $2.05 | 53.0% |
| 2013 | $3.25 | $3.53 | 108.6% |
| 2012 | $3.32 | $1.95 | 58.7% |
| 2011 | $4.39 | $1.84 | 42.0% |
| 2010 | $3.07 | $1.12 | 36.6% |
| 2009 | $1.95 | $1.05 | 54.1% |
| 2008 | $4.52 | $1.17 | 25.9% |
| 2007 | $3.02 | $0.93 | 30.9% |
| 2006 | $2.23 | $0.82 | 36.8% |
| 2005 | $1.51 | $0.81 | 53.7% |
| 2004 | $2.38 | $0.69 | 29.1% |
| 2003 | $1.61 | $0.54 | 33.4% |
| 2002 | $1.44 | $0.44 | 30.5% |
| 2001 | $1.07 | $1.08 | 100.9% |
| 2000 | $4.41 | $0.49 | 11.1% |
| 1999 | $1.19 | $0.42 | 35.8% |
