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 86.86% is 44% above its 5-year average of 60.46%, near the high end of its 5-year range (42.61%–91.52%).
As of Sunday, July 26, 2026. 25.54% above its 12-month average of 69.19%.
Dividend Payout Ratio (86.86%) = TTM Dividends/Share ($4.30) / TTM EPS ($4.95)
DIVIDEND PAYOUT RATIO
86.86%
DIVIDEND PAYOUT RATIO AVG TTM
69.19%
DIVIDEND PAYOUT RATIO AVG 3Y
70.00%
DIVIDEND PAYOUT RATIO AVG 5Y
60.46%
DIVIDEND PAYOUT RATIO AVG 10Y
57.73%
DIVIDEND PAYOUT RATIO AVG 15Y
52.13%
DIVIDEND PAYOUT RATIO AVG 20Y
49.59%
CURRENT VS TTM AVG
+25.54%
CURRENT VS 3Y AVG
+24.09%
CURRENT VS 5Y AVG
+43.68%
CURRENT VS 10Y AVG
+50.47%
CURRENT VS 15Y AVG
+66.63%
CURRENT VS 20Y AVG
+75.17%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2026 | ($1.30) | $3.32 | N/A (Loss) |
| 2025 | ($11.57) | $4.36 | N/A (Loss) |
| 2024 | $7.14 | $4.28 | 59.9% |
| 2023 | ($0.86) | $4.16 | N/A (Loss) |
| 2022 | $5.84 | $4.02 | 68.8% |
| 2021 | $7.79 | $3.78 |
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 |
|---|---|
| 2025-02-25 | 86.86% |
| 2025-02-21 | 86.85% |
| 2025-02-19 | 86.86% |
| 2025-02-14 | 86.86% |
| 2025-02-12 | 86.48% |
| 2025-02-10 | 86.47% |
| 2025-02-06 | 86.47% |
| 2025-02-04 | 86.48% |
| 2025-01-31 | 86.45% |
| 2025-01-29 | 86.46% |
| 2025-01-27 | 86.45% |
| 2025-01-23 | 86.47% |
| 2025-01-21 | 86.48% |
| 2025-01-16 | 86.48% |
| 2025-01-14 | 86.47% |
| 2025-01-10 | 86.45% |
| 2025-01-07 | 86.46% |
| 2025-01-03 | 86.46% |
| 2024-12-31 | 86.48% |
| 2024-12-27 | 86.47% |
| 2024-12-24 | 86.46% |
| 2024-12-20 | 86.46% |
| 2024-12-18 | 86.47% |
| 2024-12-16 | 86.45% |
| 2024-12-12 | 86.45% |
| 2024-12-10 | 86.46% |
| 2024-12-06 | 86.47% |
| 2024-12-04 | 86.46% |
| 2024-12-02 | 86.47% |
| 2024-11-27 | 86.47% |
| 2024-11-25 | 60.46% |
| 2024-11-21 | 60.47% |
| 2024-11-19 | 60.47% |
| 2024-11-15 | 60.45% |
| 2024-11-13 | 60.17% |
| 2024-11-11 | 60.16% |
| 2024-11-07 | 60.17% |
| 2024-11-05 | 60.17% |
| 2024-11-01 | 60.17% |
| 2024-10-30 | 60.17% |
| 2024-10-28 | 60.18% |
| 2024-10-24 | 60.17% |
| 2024-10-22 | 60.15% |
| 2024-10-18 | 60.16% |
| 2024-10-16 | 60.18% |
| 2024-10-14 | 60.18% |
| 2024-10-10 | 60.18% |
| 2024-10-08 | 60.15% |
| 2024-10-04 | 60.17% |
| 2024-10-02 | 60.18% |
| 2024-09-30 | 60.15% |
| 2024-09-26 | 60.17% |
| 2024-09-24 | 60.18% |
| 2024-09-20 | 60.17% |
| 2024-09-18 | 60.18% |
| 2024-09-16 | 60.16% |
| 2024-09-12 | 60.16% |
| 2024-09-10 | 60.16% |
| 2024-09-06 | 60.18% |
| 2024-09-04 | 60.16% |
| 2024-08-30 | 60.18% |
| 2024-08-28 | 60.15% |
| 2024-08-26 | 59.74% |
| 2024-08-22 | 59.76% |
| 2024-08-20 | 59.74% |
| 2024-08-16 | 59.74% |
| 2024-08-14 | 59.47% |
| 2024-08-12 | 59.46% |
| 2024-08-08 | 59.46% |
| 2024-08-06 | 59.48% |
| 2024-08-02 | 59.48% |
| 2024-07-31 | 59.46% |
| 2024-07-29 | 59.48% |
| 2024-07-25 | 59.48% |
| 2024-07-23 | 59.46% |
| 2024-07-19 | 59.47% |
| 2024-07-17 | 59.46% |
| 2024-07-15 | 59.46% |
| 2024-07-11 | 59.48% |
| 2024-07-09 | 59.47% |
| 2024-07-05 | 59.46% |
| 2024-07-02 | 59.47% |
| 2024-06-28 | 59.45% |
| 2024-06-26 | 59.45% |
| 2024-06-24 | 59.47% |
| 2024-06-20 | 59.48% |
| 2023-06-15 | 61.43% |
| 2023-06-13 | 61.46% |
| 2023-06-09 | 61.45% |
| 2023-06-07 | 61.44% |
| 2023-06-05 | 61.44% |
| 2023-06-01 | 61.44% |
| 2023-05-30 | 61.43% |
| 2023-05-25 | 61.46% |
| 2023-05-23 | 61.45% |
| 2023-05-19 | 61.43% |
| 2023-05-17 | 61.45% |
| 2023-05-15 | 61.45% |
| 2023-05-11 | 76.34% |
| 2023-05-09 | 60.98% |
| 2023-05-05 | 61.01% |
| 2023-05-03 | 61.00% |
| 2023-05-01 | 60.99% |
| 2023-04-27 | 61.00% |
| 2023-04-25 | 60.98% |
| 2023-04-21 | 61.00% |
| 2023-04-19 | 61.00% |
| 2023-04-17 | 61.00% |
| 2023-04-13 | 60.99% |
| 2023-04-11 | 60.99% |
| 2023-04-06 | 60.99% |
| 2023-04-04 | 60.98% |
| 2023-03-31 | 60.99% |
| 2023-03-29 | 60.99% |
| 2023-03-27 | 61.00% |
| 2023-03-23 | 60.98% |
| 2023-03-21 | 61.00% |
| 2023-03-17 | 60.98% |
| 2023-03-15 | 61.01% |
| 2023-03-13 | 61.00% |
| 2023-03-09 | 61.00% |
| 2023-03-07 | 60.99% |
| 2023-03-03 | 60.99% |
| 2023-03-01 | 60.98% |
| 2023-02-27 | 75.99% |
| 2023-02-23 | 75.98% |
| 2023-02-21 | 75.98% |
| 2023-02-16 | 75.98% |
| 2023-02-14 | 75.99% |
| 2023-02-10 | 75.98% |
| 2023-02-08 | 75.41% |
| 2023-02-06 | 75.43% |
| 2023-02-02 | 75.41% |
| 2023-01-31 | 75.43% |
| 2023-01-27 | 75.43% |
| 2023-01-25 | 75.43% |
| 2023-01-23 | 75.42% |
| 2023-01-19 | 75.41% |
| 2023-01-17 | 75.43% |
| 2023-01-12 | 75.43% |
| 2023-01-10 | 75.41% |
| 2023-01-06 | 75.41% |
| 2023-01-04 | 75.42% |
| 2022-12-30 | 75.42% |
| 2022-12-28 | 75.43% |
| 2022-12-23 | 75.41% |
| 2022-12-21 | 75.42% |
| 2022-12-19 | 75.41% |
| 2022-12-15 | 75.43% |
| 2022-12-13 | 75.42% |
| 2022-12-09 | 75.42% |
| 2022-12-07 | 75.43% |
| 2022-12-05 | 75.43% |
| 2022-12-01 | 75.42% |
| 2022-11-29 | 75.43% |
| 2022-11-25 | 75.42% |
| 2022-11-22 | 75.43% |
| 2022-11-18 | 73.89% |
| 2022-11-16 | 73.89% |
| 2022-11-14 | 73.90% |
| 2022-11-10 | 73.89% |
| 2022-11-08 | 73.33% |
| 2022-11-04 | 73.35% |
| 2022-11-02 | 73.35% |
| 2022-10-31 | 73.33% |
| 2022-10-27 | 73.34% |
| 2022-10-25 | 73.35% |
| 2022-10-21 | 73.34% |
| 2022-10-19 | 73.33% |
| 2022-10-17 | 73.35% |
| 2022-10-13 | 73.36% |
| 2022-10-11 | 73.34% |
| 2022-10-07 | 73.34% |
| 2022-10-05 | 73.35% |
| 2022-10-03 | 73.33% |
| 2022-09-29 | 73.34% |
| 2022-09-27 | 73.35% |
| 2022-09-23 | 73.33% |
| 2022-09-21 | 73.35% |
| 2022-09-19 | 73.35% |
| 2022-09-15 | 73.35% |
| 2022-09-13 | 73.33% |
| 2022-09-09 | 73.34% |
| 2022-09-07 | 73.33% |
| 2022-09-02 | 73.36% |
| 2022-08-31 | 73.34% |
| 2022-08-29 | 73.34% |
| 2022-08-25 | 73.33% |
| 2022-08-23 | 73.35% |
| 2022-08-19 | 68.43% |
| 2022-08-17 | 68.45% |
| 2022-08-15 | 68.44% |
| 2022-08-11 | 85.40% |
| 2022-08-09 | 67.91% |
| 2022-08-05 | 67.93% |
| 2022-08-03 | 67.92% |
| 2022-08-01 | 67.92% |
| 2022-07-28 | 67.92% |
| 2022-07-26 | 67.92% |
| 2022-07-22 | 67.92% |
| 2022-07-20 | 67.92% |
| 2022-07-18 | 67.94% |
| 2022-07-14 | 67.93% |
| 2022-07-12 | 67.92% |
| 2022-07-08 | 67.92% |
| 2022-07-06 | 67.93% |
| 2022-07-01 | 67.92% |
| 2022-06-29 | 67.93% |
| 2022-06-27 | 67.92% |
| 2022-06-23 | 67.92% |
| 2022-06-21 | 67.94% |
| 2022-06-16 | 67.93% |
| 2022-06-14 | 74.58% |
| 2022-06-10 | 74.57% |
| 2022-06-08 | 74.58% |
| 2022-06-06 | 74.57% |
| 2022-06-02 | 74.57% |
| 2022-05-31 | 74.58% |
| 2022-05-26 | 74.57% |
| 2022-05-24 | 74.56% |
| 2022-05-20 | 74.58% |
| 2022-05-18 | 74.57% |
| 2022-05-16 | 74.57% |
| 2022-05-12 | 91.52% |
| 2022-05-10 | 72.89% |
| 2022-05-06 | 72.87% |
| 2022-05-04 | 72.89% |
| 2022-05-02 | 72.88% |
| 2022-04-28 | 72.88% |
| 2022-04-26 | 72.88% |
| 2022-04-22 | 72.89% |
| 2022-04-20 | 72.88% |
| 2022-04-18 | 72.89% |
| 2022-04-13 | 72.88% |
| 2022-04-11 | 72.89% |
| 2022-04-07 | 72.87% |
| 2022-04-05 | 72.89% |
| 2022-04-01 | 72.89% |
| 2022-03-30 | 72.88% |
| 2022-03-28 | 72.87% |
| 2022-03-24 | 72.87% |
| 2022-03-22 | 72.89% |
| 2022-03-18 | 72.89% |
| 2022-03-16 | 72.89% |
| 2022-03-14 | 72.88% |
| 2022-03-10 | 72.89% |
| 2022-03-08 | 72.89% |
| 2022-03-04 | 72.87% |
| 2022-03-02 | 72.87% |
| 2022-02-28 | 55.37% |
| 2022-02-24 | 55.37% |
| 2022-02-22 | 55.35% |
| 2022-02-17 | 55.37% |
| 2022-02-15 | 55.37% |
| 2022-02-11 | 55.35% |
| 2022-02-09 | 54.09% |
| 2022-02-07 | 54.07% |
| 2022-02-03 | 54.07% |
| 2022-02-01 | 54.07% |
| 2022-01-28 | 54.07% |
Showing the most recent 260 of 2,390 data points. The chart above shows the full history.
| 48.5% |
| 2020 | $6.84 | $3.56 | 52.0% |
| 2019 | $4.52 | $3.46 | 76.5% |
| 2018 | $11.79 | $3.26 | 27.7% |
| 2017 | $5.11 | $3.06 | 59.9% |
| 2016 | $5.77 | $2.84 | 49.2% |
| 2015 | $3.33 | $2.62 | 78.7% |
| 2014 | $5.42 | $2.44 | 45.0% |
| 2013 | $5.00 | $2.20 | 44.0% |
| 2012 | $4.06 | $2.00 | 49.3% |
| 2011 | $4.06 | $1.84 | 45.3% |
| 2010 | $4.15 | $1.55 | 37.3% |
| 2009 | $3.11 | $1.37 | 44.1% |
| 2008 | $3.03 | $1.26 | 41.6% |
| 2007 | $2.79 | $1.18 | 42.3% |
| 2006 | $2.48 | $1.11 | 44.8% |
| 2005 | $2.26 | $1.06 | 46.9% |
| 2004 | $2.24 | $0.98 | 43.7% |
| 2003 | $2.04 | $0.89 | 43.6% |
| 2002 | $1.33 | $0.72 | 54.1% |
| 2001 | $1.13 | $0.64 | 56.6% |
| 2000 | $1.27 | $0.63 | 49.6% |
| 1999 | $1.85 | $0.59 | 31.9% |
| 1998 | $1.54 | $0.55 | 35.7% |
| 1997 | $1.49 | $0.52 | 34.9% |
