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 57.07% is 46% above its 5-year average of 39.13%, near the high end of its 5-year range (22.30%–70.99%).
As of Tuesday, September 8, 2026. 20.10% above its 12-month average of 47.51%.
Dividend Payout Ratio (57.07%) = TTM Dividends/Share ($1.17) / TTM EPS ($2.05)
DIVIDEND PAYOUT RATIO
57.07%
DIVIDEND PAYOUT RATIO AVG TTM
47.51%
DIVIDEND PAYOUT RATIO AVG 3Y
41.43%
DIVIDEND PAYOUT RATIO AVG 5Y
39.13%
DIVIDEND PAYOUT RATIO AVG 10Y
40.44%
DIVIDEND PAYOUT RATIO AVG 15Y
37.60%
DIVIDEND PAYOUT RATIO AVG 20Y
32.03%
CURRENT VS TTM AVG
+20.10%
CURRENT VS 3Y AVG
+37.75%
CURRENT VS 5Y AVG
+45.85%
CURRENT VS 10Y AVG
+41.11%
CURRENT VS 15Y AVG
+51.77%
CURRENT VS 20Y AVG
+78.14%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $2.38 | $1.14 | 47.9% |
| 2024-12-31 | $3.14 | $1.10 | 35.0% |
| 2023-12-31 | $2.95 | $1.00 | 33.9% |
| 2022-12-31 | $2.43 | $0.65 | 26.7% |
| 2021-12-31 | $1.34 | $0.50 | 37.3% |
| 2020-12-31 | ($7.54) |
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 |
|---|---|
| 2026-09-08 | 57.07% |
| 2026-09-04 | 57.07% |
| 2026-09-03 | 57.06% |
| 2026-09-02 | 70.99% |
| 2026-09-01 | 56.59% |
| 2026-08-31 | 56.59% |
| 2026-08-28 | 56.59% |
| 2026-08-27 | 56.58% |
| 2026-08-26 | 56.59% |
| 2026-08-25 | 56.60% |
| 2026-08-24 | 56.58% |
| 2026-08-21 | 56.59% |
| 2026-08-20 | 56.58% |
| 2026-08-19 | 56.58% |
| 2026-08-18 | 56.59% |
| 2026-08-17 | 56.58% |
| 2026-08-14 | 56.59% |
| 2026-08-13 | 56.60% |
| 2026-08-12 | 56.58% |
| 2026-08-11 | 56.60% |
| 2026-08-10 | 56.58% |
| 2026-08-07 | 56.59% |
| 2026-08-06 | 56.58% |
| 2026-08-05 | 56.59% |
| 2026-08-04 | 56.60% |
| 2026-08-03 | 56.58% |
| 2026-07-31 | 56.58% |
| 2026-07-30 | 56.59% |
| 2026-07-29 | 56.58% |
| 2026-07-28 | 51.11% |
| 2026-07-27 | 51.10% |
| 2026-07-24 | 51.10% |
| 2026-07-23 | 51.10% |
| 2026-07-22 | 51.10% |
| 2026-07-21 | 51.09% |
| 2026-07-20 | 51.11% |
| 2026-07-17 | 51.10% |
| 2026-07-16 | 51.10% |
| 2026-07-15 | 51.11% |
| 2026-07-14 | 51.09% |
| 2026-07-13 | 51.09% |
| 2026-07-10 | 51.10% |
| 2026-07-09 | 51.10% |
| 2026-07-08 | 51.09% |
| 2026-07-07 | 51.10% |
| 2026-07-06 | 51.10% |
| 2026-07-02 | 51.10% |
| 2026-07-01 | 51.09% |
| 2026-06-30 | 51.10% |
| 2026-06-29 | 51.10% |
| 2026-06-26 | 51.09% |
| 2026-06-25 | 51.10% |
| 2026-06-24 | 51.09% |
| 2026-06-23 | 51.09% |
| 2026-06-22 | 51.09% |
| 2026-06-18 | 51.11% |
| 2026-06-17 | 51.10% |
| 2026-06-16 | 51.10% |
| 2026-06-15 | 51.10% |
| 2026-06-12 | 51.10% |
| 2026-06-11 | 51.10% |
| 2026-06-10 | 51.09% |
| 2026-06-09 | 51.09% |
| 2026-06-08 | 51.10% |
| 2026-06-05 | 51.10% |
| 2026-06-04 | 51.11% |
| 2026-06-03 | 63.65% |
| 2026-06-02 | 50.67% |
| 2026-06-01 | 50.66% |
| 2026-05-29 | 50.66% |
| 2026-05-28 | 50.66% |
| 2026-05-27 | 50.66% |
| 2026-05-26 | 50.66% |
| 2026-05-22 | 50.65% |
| 2026-05-21 | 50.66% |
| 2026-05-20 | 50.65% |
| 2026-05-19 | 50.66% |
| 2026-05-18 | 50.67% |
| 2026-05-15 | 50.67% |
| 2026-05-14 | 50.66% |
| 2026-05-13 | 50.67% |
| 2026-05-12 | 50.66% |
| 2026-05-11 | 50.66% |
| 2026-05-08 | 50.67% |
| 2026-05-07 | 50.67% |
| 2026-05-06 | 50.66% |
| 2026-05-05 | 50.66% |
| 2026-05-04 | 50.67% |
| 2026-05-01 | 50.65% |
| 2026-04-30 | 50.67% |
| 2026-04-29 | 50.67% |
| 2026-04-28 | 48.93% |
| 2026-04-27 | 48.93% |
| 2026-04-24 | 48.93% |
| 2026-04-23 | 48.93% |
| 2026-04-22 | 48.94% |
| 2026-04-21 | 48.95% |
| 2026-04-20 | 48.93% |
| 2026-04-17 | 48.94% |
| 2026-04-16 | 48.93% |
| 2026-04-15 | 48.94% |
| 2026-04-14 | 48.93% |
| 2026-04-13 | 48.93% |
| 2026-04-10 | 48.93% |
| 2026-04-09 | 48.94% |
| 2026-04-08 | 48.94% |
| 2026-04-07 | 48.95% |
| 2026-04-06 | 48.93% |
| 2026-04-02 | 48.94% |
| 2026-04-01 | 48.94% |
| 2026-03-31 | 48.94% |
| 2026-03-30 | 48.94% |
| 2026-03-27 | 48.94% |
| 2026-03-26 | 48.94% |
| 2026-03-25 | 48.93% |
| 2026-03-24 | 48.93% |
| 2026-03-23 | 48.94% |
| 2026-03-20 | 48.93% |
| 2026-03-19 | 48.94% |
| 2026-03-18 | 48.95% |
| 2026-03-17 | 48.94% |
| 2026-03-16 | 48.93% |
| 2026-03-13 | 48.94% |
| 2026-03-12 | 48.93% |
| 2026-03-11 | 48.94% |
| 2026-03-10 | 48.93% |
| 2026-03-09 | 48.93% |
| 2026-03-06 | 48.94% |
| 2026-03-05 | 48.94% |
| 2026-03-04 | 48.94% |
| 2026-03-03 | 48.93% |
| 2026-03-02 | 48.94% |
| 2026-02-27 | 48.94% |
| 2026-02-26 | 48.93% |
| 2026-02-25 | 48.93% |
| 2026-02-24 | 48.93% |
| 2026-02-23 | 48.93% |
| 2026-02-20 | 48.94% |
| 2026-02-19 | 48.93% |
| 2026-02-18 | 48.93% |
| 2026-02-17 | 48.94% |
| 2026-02-13 | 48.93% |
| 2026-02-12 | 48.94% |
| 2026-02-11 | 48.94% |
| 2026-02-10 | 36.38% |
| 2026-02-09 | 36.39% |
| 2026-02-06 | 36.38% |
| 2026-02-05 | 36.39% |
| 2026-02-04 | 48.51% |
| 2026-02-03 | 48.50% |
| 2026-02-02 | 48.52% |
| 2026-01-30 | 48.52% |
| 2026-01-29 | 48.52% |
| 2026-01-28 | 48.52% |
| 2026-01-27 | 48.52% |
| 2026-01-26 | 48.51% |
| 2026-01-23 | 48.50% |
| 2026-01-22 | 44.01% |
| 2026-01-21 | 44.01% |
| 2026-01-20 | 44.00% |
| 2026-01-16 | 44.01% |
| 2026-01-15 | 44.01% |
| 2026-01-14 | 44.03% |
| 2026-01-13 | 44.01% |
| 2026-01-12 | 44.01% |
| 2026-01-09 | 44.01% |
| 2026-01-08 | 44.00% |
| 2026-01-07 | 44.02% |
| 2026-01-06 | 44.03% |
| 2026-01-05 | 44.01% |
| 2026-01-02 | 44.01% |
| 2025-12-31 | 44.02% |
| 2025-12-30 | 44.00% |
| 2025-12-29 | 44.01% |
| 2025-12-26 | 44.01% |
| 2025-12-24 | 44.01% |
| 2025-12-23 | 44.02% |
| 2025-12-22 | 44.02% |
| 2025-12-19 | 44.01% |
| 2025-12-18 | 44.01% |
| 2025-12-17 | 44.03% |
| 2025-12-16 | 44.01% |
| 2025-12-15 | 44.02% |
| 2025-12-12 | 44.01% |
| 2025-12-11 | 44.03% |
| 2025-12-10 | 44.02% |
| 2025-12-09 | 44.02% |
| 2025-12-08 | 44.00% |
| 2025-12-05 | 44.02% |
| 2025-12-04 | 44.02% |
| 2025-12-03 | 54.64% |
| 2025-12-02 | 43.63% |
| 2025-12-01 | 43.63% |
| 2025-11-28 | 43.62% |
| 2025-11-26 | 43.63% |
| 2025-11-25 | 43.63% |
| 2025-11-24 | 43.64% |
| 2025-11-21 | 43.62% |
| 2025-11-20 | 43.64% |
| 2025-11-19 | 43.64% |
| 2025-11-18 | 43.64% |
| 2025-11-17 | 43.62% |
| 2025-11-14 | 43.62% |
| 2025-11-13 | 43.63% |
| 2025-11-12 | 43.64% |
| 2025-11-11 | 43.63% |
| 2025-11-10 | 43.63% |
| 2025-11-07 | 43.62% |
| 2025-11-06 | 43.63% |
| 2025-11-05 | 43.62% |
| 2025-11-04 | 43.64% |
| 2025-11-03 | 43.62% |
| 2025-10-31 | 43.62% |
| 2025-10-30 | 43.62% |
| 2025-10-29 | 43.63% |
| 2025-10-28 | 43.64% |
| 2025-10-27 | 43.62% |
| 2025-10-24 | 43.62% |
| 2025-10-23 | 43.62% |
| 2025-10-22 | 43.61% |
| 2025-10-21 | 38.70% |
| 2025-10-20 | 38.70% |
| 2025-10-17 | 38.68% |
| 2025-10-16 | 38.68% |
| 2025-10-15 | 38.68% |
| 2025-10-14 | 38.68% |
| 2025-10-13 | 38.69% |
| 2025-10-10 | 38.69% |
| 2025-10-09 | 38.71% |
| 2025-10-08 | 38.69% |
| 2025-10-07 | 38.68% |
| 2025-10-06 | 38.71% |
| 2025-10-03 | 38.69% |
| 2025-10-02 | 38.69% |
| 2025-10-01 | 38.71% |
| 2025-09-30 | 38.70% |
| 2025-09-29 | 38.69% |
| 2025-09-26 | 38.68% |
| 2025-09-25 | 38.71% |
| 2025-09-24 | 38.69% |
| 2025-09-23 | 38.69% |
| 2025-09-22 | 38.71% |
| 2025-09-19 | 38.70% |
| 2025-09-18 | 38.71% |
| 2025-09-17 | 38.68% |
| 2025-09-16 | 38.70% |
| 2025-09-15 | 38.71% |
| 2025-09-12 | 38.69% |
| 2025-09-11 | 38.70% |
| 2025-09-10 | 38.69% |
| 2025-09-09 | 38.69% |
| 2025-09-08 | 38.69% |
| 2025-09-05 | 38.71% |
| 2025-09-04 | 38.69% |
| 2025-09-03 | 48.13% |
| 2025-09-02 | 38.34% |
| 2025-08-29 | 38.37% |
| 2025-08-28 | 38.35% |
| 2025-08-27 | 38.35% |
| 2025-08-26 | 38.37% |
Showing the most recent 260 of 2,148 data points. The chart above shows the full history.
| $0.88 |
| N/A (Loss) |
| 2019-12-31 | ($7.30) | $2.00 | N/A (Loss) |
| 2018-12-31 | $1.54 | $2.00 | 129.9% |
| 2017-12-31 | ($1.08) | $2.00 | N/A (Loss) |
| 2016-12-31 | ($1.24) | $2.00 | N/A (Loss) |
| 2015-12-31 | $1.65 | $2.00 | 121.2% |
| 2014-12-31 | $4.20 | $1.60 | 38.1% |
| 2013-12-31 | $5.09 | $1.25 | 24.6% |
| 2012-12-31 | $4.13 | $1.10 | 26.6% |
| 2011-12-31 | $3.71 | $1.00 | 27.0% |
| 2010-12-31 | $3.41 | $0.84 | 24.6% |
| 2009-12-31 | $2.59 | $0.84 | 32.4% |
| 2008-12-31 | $4.54 | $0.84 | 18.5% |
| 2007-12-31 | $4.36 | $0.70 | 16.1% |
| 2006-12-31 | $3.14 | $0.50 | 15.9% |
| 2005-12-31 | $1.87 | $0.42 | 22.5% |
| 2004-12-31 | $1.04 | $0.38 | 36.1% |
| 2003-12-31 | $0.33 | $0.38 | 113.6% |
| 2002-12-31 | ($2.01) | $0.38 | N/A (Loss) |
| 2001-12-31 | $0.91 | $0.38 | 41.2% |
| 2000-12-31 | $0.73 | $0.38 | 51.4% |
| 1999-12-31 | $0.34 | $0.38 | 110.3% |
| 1998-12-31 | $0.93 | $0.38 | 40.3% |
| 1997-12-31 | $1.29 | $0.38 | 29.1% |
| 1996-12-31 | $0.86 | $0.38 | 43.6% |
