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 39.03% is 35% below its 5-year average of 60.35%, near the low end of its 5-year range (20.76%–126.05%).
As of Sunday, July 26, 2026. 30.60% below its 12-month average of 56.24%.
Dividend Payout Ratio (39.03%) = TTM Dividends/Share ($4.09) / TTM EPS ($10.48)
DIVIDEND PAYOUT RATIO
39.03%
DIVIDEND PAYOUT RATIO AVG TTM
56.24%
DIVIDEND PAYOUT RATIO AVG 3Y
49.33%
DIVIDEND PAYOUT RATIO AVG 5Y
51.52%
DIVIDEND PAYOUT RATIO AVG 10Y
41.78%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-30.60%
CURRENT VS 3Y AVG
-20.88%
CURRENT VS 5Y AVG
-24.24%
CURRENT VS 10Y AVG
-6.59%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2026 | $9.62 | $3.08 | 32.0% |
| 2025 | ($0.45) | $4.07 | N/A (Loss) |
| 2024 | $9.42 | $3.92 | 41.6% |
| 2023 | ($0.37) | $3.47 | N/A (Loss) |
| 2022 | ($0.21) | $3.16 | N/A (Loss) |
| 2021 | $10.42 | $3.03 |
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 | 39.03% |
| 2026-07-23 | 39.01% |
| 2026-07-22 | 39.02% |
| 2026-07-21 | 39.03% |
| 2026-07-20 | 39.02% |
| 2026-07-17 | 39.03% |
| 2026-07-16 | 39.03% |
| 2026-07-15 | 39.02% |
| 2026-07-14 | 39.02% |
| 2026-07-13 | 39.01% |
| 2026-07-10 | 39.02% |
| 2026-07-09 | 39.03% |
| 2026-07-08 | 39.04% |
| 2026-07-07 | 39.02% |
| 2026-07-06 | 39.03% |
| 2026-07-02 | 39.03% |
| 2026-07-01 | 39.02% |
| 2026-06-30 | 42.64% |
| 2026-06-29 | 42.64% |
| 2026-06-26 | 42.66% |
| 2026-06-25 | 42.64% |
| 2026-06-24 | 42.64% |
| 2026-06-23 | 42.65% |
| 2026-06-22 | 42.66% |
| 2026-06-18 | 42.64% |
| 2026-06-17 | 42.65% |
| 2026-06-16 | 42.66% |
| 2026-06-15 | 42.66% |
| 2026-06-12 | 42.66% |
| 2026-06-11 | 42.64% |
| 2026-06-10 | 42.66% |
| 2026-06-09 | 42.65% |
| 2026-06-08 | 42.66% |
| 2026-06-05 | 42.64% |
| 2026-06-04 | 42.66% |
| 2026-06-03 | 42.65% |
| 2026-06-02 | 42.65% |
| 2026-06-01 | 42.66% |
| 2026-05-29 | 42.66% |
| 2026-05-28 | 42.65% |
| 2026-05-27 | 42.66% |
| 2026-05-26 | 42.66% |
| 2026-05-22 | 42.65% |
| 2026-05-21 | 42.65% |
| 2026-05-20 | 42.64% |
| 2026-05-19 | 42.64% |
| 2026-05-18 | 42.65% |
| 2026-05-15 | 42.64% |
| 2026-05-14 | 42.64% |
| 2026-05-13 | 42.64% |
| 2026-05-12 | 42.64% |
| 2026-05-11 | 42.65% |
| 2026-05-08 | 42.64% |
| 2026-05-07 | 42.66% |
| 2026-05-06 | 42.65% |
| 2026-05-05 | 42.65% |
| 2026-05-04 | 42.66% |
| 2026-05-01 | 42.66% |
| 2026-04-30 | 42.66% |
| 2026-04-29 | 42.64% |
| 2026-04-28 | 42.54% |
| 2026-04-27 | 42.54% |
| 2026-04-24 | 42.55% |
| 2026-04-23 | 42.54% |
| 2026-04-22 | 42.55% |
| 2026-04-21 | 64.36% |
| 2026-04-20 | 64.36% |
| 2026-04-17 | 64.36% |
| 2026-04-16 | 64.36% |
| 2026-04-15 | 64.35% |
| 2026-04-14 | 64.36% |
| 2026-04-13 | 64.35% |
| 2026-04-10 | 64.36% |
| 2026-04-09 | 64.35% |
| 2026-04-08 | 64.35% |
| 2026-04-07 | 64.34% |
| 2026-04-06 | 64.36% |
| 2026-04-02 | 64.36% |
| 2026-04-01 | 64.35% |
| 2026-03-31 | 64.36% |
| 2026-03-30 | 64.36% |
| 2026-03-27 | 64.35% |
| 2026-03-26 | 64.34% |
| 2026-03-25 | 64.37% |
| 2026-03-24 | 64.35% |
| 2026-03-23 | 64.36% |
| 2026-03-20 | 64.36% |
| 2026-03-19 | 64.35% |
| 2026-03-18 | 64.36% |
| 2026-03-17 | 64.35% |
| 2026-03-16 | 64.35% |
| 2026-03-13 | 64.35% |
| 2026-03-12 | 64.34% |
| 2026-03-11 | 64.35% |
| 2026-03-10 | 64.34% |
| 2026-03-09 | 64.37% |
| 2026-03-06 | 64.35% |
| 2026-03-05 | 64.34% |
| 2026-03-04 | 64.34% |
| 2026-03-03 | 64.36% |
| 2026-03-02 | 64.34% |
| 2026-02-27 | 64.36% |
| 2026-02-26 | 64.36% |
| 2026-02-25 | 64.36% |
| 2026-02-24 | 64.36% |
| 2026-02-23 | 64.37% |
| 2026-02-20 | 64.35% |
| 2026-02-19 | 64.35% |
| 2026-02-18 | 64.35% |
| 2026-02-17 | 64.37% |
| 2026-02-13 | 64.36% |
| 2026-02-12 | 64.36% |
| 2026-02-11 | 64.35% |
| 2026-02-10 | 64.34% |
| 2026-02-09 | 64.36% |
| 2026-02-06 | 80.29% |
| 2026-02-05 | 80.30% |
| 2026-02-04 | 80.28% |
| 2026-02-03 | 80.27% |
| 2026-02-02 | 80.28% |
| 2026-01-30 | 80.30% |
| 2026-01-29 | 80.29% |
| 2026-01-28 | 64.20% |
| 2026-01-27 | 64.19% |
| 2026-01-26 | 64.19% |
| 2026-01-23 | 64.18% |
| 2026-01-22 | 64.20% |
| 2026-01-21 | 64.20% |
| 2026-01-20 | 64.19% |
| 2026-01-16 | 64.20% |
| 2026-01-15 | 64.20% |
| 2026-01-14 | 64.19% |
| 2026-01-13 | 64.20% |
| 2026-01-12 | 64.21% |
| 2026-01-09 | 64.21% |
| 2026-01-08 | 64.20% |
| 2026-01-07 | 59.42% |
| 2026-01-06 | 59.41% |
| 2026-01-05 | 59.40% |
| 2026-01-02 | 59.42% |
| 2025-12-31 | 59.42% |
| 2025-12-30 | 59.42% |
| 2025-12-29 | 59.41% |
| 2025-12-26 | 59.41% |
| 2025-12-24 | 59.42% |
| 2025-12-23 | 59.43% |
| 2025-12-22 | 59.41% |
| 2025-12-19 | 59.42% |
| 2025-12-18 | 59.41% |
| 2025-12-17 | 59.42% |
| 2025-12-16 | 59.43% |
| 2025-12-15 | 59.40% |
| 2025-12-12 | 59.41% |
| 2025-12-11 | 59.41% |
| 2025-12-10 | 59.42% |
| 2025-12-09 | 59.42% |
| 2025-12-08 | 59.42% |
| 2025-12-05 | 59.40% |
| 2025-12-04 | 59.41% |
| 2025-12-03 | 59.42% |
| 2025-12-02 | 59.43% |
| 2025-12-01 | 59.42% |
| 2025-11-28 | 59.42% |
| 2025-11-26 | 59.41% |
| 2025-11-25 | 59.43% |
| 2025-11-24 | 59.43% |
| 2025-11-21 | 59.41% |
| 2025-11-20 | 59.40% |
| 2025-11-19 | 59.41% |
| 2025-11-18 | 59.43% |
| 2025-11-17 | 59.42% |
| 2025-11-14 | 59.43% |
| 2025-11-13 | 59.41% |
| 2025-11-12 | 59.40% |
| 2025-11-11 | 59.41% |
| 2025-11-10 | 59.40% |
| 2025-11-07 | 59.43% |
| 2025-11-06 | 59.42% |
| 2025-11-05 | 59.42% |
| 2025-11-04 | 74.17% |
| 2025-11-03 | 74.17% |
| 2025-10-31 | 74.16% |
| 2025-10-30 | 74.14% |
| 2025-10-29 | 59.27% |
| 2025-10-28 | 59.27% |
| 2025-10-27 | 59.27% |
| 2025-10-24 | 59.26% |
| 2025-10-23 | 59.28% |
| 2025-10-22 | 59.28% |
| 2025-10-21 | 59.28% |
| 2025-10-20 | 59.28% |
| 2025-10-17 | 59.28% |
| 2025-10-16 | 59.27% |
| 2025-10-15 | 59.28% |
| 2025-10-14 | 59.27% |
| 2025-10-13 | 59.28% |
| 2025-10-10 | 59.26% |
| 2025-10-09 | 59.27% |
| 2025-10-08 | 59.27% |
| 2025-10-07 | 59.27% |
| 2025-04-21 | 108.02% |
| 2025-04-16 | 108.02% |
| 2025-04-14 | 108.02% |
| 2025-04-10 | 108.02% |
| 2025-04-08 | 108.02% |
| 2025-04-04 | 108.03% |
| 2025-04-02 | 108.03% |
| 2025-03-31 | 108.02% |
| 2025-03-27 | 108.02% |
| 2025-03-25 | 108.02% |
| 2025-03-21 | 108.02% |
| 2025-03-19 | 108.02% |
| 2025-03-17 | 108.01% |
| 2025-03-13 | 108.01% |
| 2025-03-11 | 108.01% |
| 2025-03-07 | 108.02% |
| 2025-03-05 | 108.02% |
| 2025-03-03 | 108.03% |
| 2025-02-27 | 108.02% |
| 2025-02-25 | 108.02% |
| 2025-02-21 | 108.02% |
| 2025-02-19 | 108.02% |
| 2025-02-14 | 108.03% |
| 2025-02-12 | 108.02% |
| 2025-02-10 | 108.03% |
| 2025-02-06 | 81.01% |
| 2025-02-04 | 104.82% |
| 2025-01-31 | 104.81% |
| 2025-01-29 | 104.80% |
| 2025-01-27 | 104.81% |
| 2025-01-23 | 104.80% |
| 2025-01-21 | 104.81% |
| 2025-01-16 | 104.81% |
| 2025-01-14 | 104.82% |
| 2025-01-10 | 104.81% |
| 2025-01-07 | 126.04% |
| 2025-01-03 | 126.05% |
| 2024-12-31 | 126.04% |
| 2024-12-27 | 126.04% |
| 2024-12-24 | 126.05% |
| 2024-12-20 | 126.04% |
| 2024-12-18 | 126.04% |
| 2024-12-16 | 126.04% |
| 2024-12-12 | 126.04% |
| 2024-12-10 | 126.05% |
| 2024-12-06 | 126.05% |
| 2024-12-04 | 126.04% |
| 2024-12-02 | 126.04% |
| 2024-11-27 | 126.04% |
| 2024-11-25 | 126.05% |
| 2024-11-21 | 126.04% |
| 2024-11-19 | 126.04% |
| 2024-11-15 | 126.05% |
| 2024-11-13 | 126.05% |
| 2024-11-11 | 126.05% |
| 2024-11-07 | 126.05% |
| 2024-11-05 | 126.04% |
| 2024-11-01 | 93.57% |
| 2024-10-30 | 122.18% |
| 2024-10-28 | 122.19% |
Showing the most recent 260 of 1,211 data points. The chart above shows the full history.
| 29.1% |
| 2020 | ($0.06) | $3.00 | N/A (Loss) |
| 2019 | $18.03 | $2.99 | 16.6% |
| 2018 | $11.55 | $2.74 | 23.7% |
| 2017 | $7.79 | $1.96 | 25.2% |
| 2016 | $5.42 | $1.51 | 27.9% |
| 2015 | $4.40 | $0.93 | 21.1% |
| 2014 | $10.45 | $0.00 | 0.0% |
| 2013 | $2.15 | $0.00 | 0.0% |
| 2012 | $2.20 | $0.00 | 0.0% |
| 2011 | $2.68 | $0.00 | 0.0% |
| 2010 | $0.45 | $0.00 | 0.0% |
| 2009 | ($1.38) | $0.00 | N/A (Loss) |
| 2008 | ($2.80) | $0.00 | N/A (Loss) |
| 2007 | $1.44 | $0.00 | 0.0% |
| 2006 | $1.44 | $0.00 | 0.0% |
| 2005 | $1.25 | $0.00 | 0.0% |
| 2004 | $1.08 | $0.00 | 0.0% |
| 2003 | $1.13 | $0.00 | 0.0% |
| 2002 | $0.80 | $0.00 | 0.0% |
| 2001 | $0.67 | $0.00 | 0.0% |
| 2000 | $0.53 | $0.00 | 0.0% |
| 1999 | $0.35 | $0.00 | 0.0% |
| 1998 | $0.32 | $0.00 | 0.0% |
| 1997 | $0.30 | $0.00 | 0.0% |
