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 136.06% is 58% above its 5-year average of 86.02%, around the middle of its 5-year range (19.24%–210.32%).
As of Wednesday, July 29, 2026. 15.30% above its 12-month average of 118.00%.
Dividend Payout Ratio (136.06%) = TTM Dividends/Share ($3.32) / TTM EPS ($2.44)
DIVIDEND PAYOUT RATIO
136.06%
DIVIDEND PAYOUT RATIO AVG TTM
118.00%
DIVIDEND PAYOUT RATIO AVG 3Y
118.78%
DIVIDEND PAYOUT RATIO AVG 5Y
86.02%
DIVIDEND PAYOUT RATIO AVG 10Y
63.16%
DIVIDEND PAYOUT RATIO AVG 15Y
42.89%
DIVIDEND PAYOUT RATIO AVG 20Y
41.11%
CURRENT VS TTM AVG
+15.30%
CURRENT VS 3Y AVG
+14.55%
CURRENT VS 5Y AVG
+58.16%
CURRENT VS 10Y AVG
+115.40%
CURRENT VS 15Y AVG
+217.23%
CURRENT VS 20Y AVG
+230.97%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2026 | $2.65 | $2.50 | 94.3% |
| 2024 | $1.96 | $3.26 | 166.3% |
| 2023 | ($2.07) | $3.22 | N/A (Loss) |
| 2022 | $7.13 | $3.18 | 44.6% |
| 2021 | $10.55 | $2.98 | 28.2% |
| 2020 | $7.86 | $2.78 |
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 |
|---|---|
| 2026-07-28 | 136.06% |
| 2026-07-27 | 136.05% |
| 2026-07-24 | 136.06% |
| 2026-07-23 | 136.05% |
| 2026-07-22 | 136.07% |
| 2026-07-21 | 136.05% |
| 2026-07-20 | 136.06% |
| 2026-07-17 | 136.05% |
| 2026-07-16 | 136.06% |
| 2026-07-15 | 136.07% |
| 2026-07-14 | 136.08% |
| 2026-07-13 | 136.05% |
| 2026-07-10 | 136.08% |
| 2026-07-09 | 136.06% |
| 2026-07-08 | 136.08% |
| 2026-07-07 | 136.08% |
| 2026-07-06 | 136.05% |
| 2026-07-02 | 136.05% |
| 2026-07-01 | 136.05% |
| 2026-06-30 | 136.05% |
| 2026-06-29 | 136.06% |
| 2026-06-26 | 136.08% |
| 2026-06-25 | 136.06% |
| 2026-06-24 | 136.08% |
| 2026-06-23 | 136.07% |
| 2026-06-22 | 136.05% |
| 2026-06-18 | 136.05% |
| 2026-06-17 | 136.07% |
| 2026-06-16 | 136.06% |
| 2026-06-15 | 136.05% |
| 2026-06-12 | 136.06% |
| 2026-06-11 | 136.07% |
| 2026-06-10 | 136.07% |
| 2026-06-09 | 136.08% |
| 2026-06-08 | 136.05% |
| 2026-06-05 | 102.04% |
| 2026-06-04 | 102.04% |
| 2026-06-03 | 102.05% |
| 2026-06-02 | 135.64% |
| 2026-06-01 | 135.67% |
| 2026-05-29 | 135.66% |
| 2026-05-28 | 135.67% |
| 2026-05-27 | 135.67% |
| 2026-05-26 | 135.66% |
| 2026-05-22 | 135.67% |
| 2026-05-21 | 135.66% |
| 2026-05-20 | 135.66% |
| 2026-05-19 | 135.66% |
| 2026-05-18 | 135.65% |
| 2026-05-15 | 135.68% |
| 2026-05-14 | 135.64% |
| 2026-05-13 | 135.66% |
| 2026-05-12 | 135.66% |
| 2026-05-11 | 135.67% |
| 2026-05-08 | 135.67% |
| 2026-05-07 | 135.66% |
| 2026-05-06 | 135.66% |
| 2026-05-05 | 135.67% |
| 2026-05-04 | 135.64% |
| 2026-05-01 | 135.64% |
| 2026-04-30 | 135.64% |
| 2026-04-29 | 135.65% |
| 2026-04-28 | 124.91% |
| 2026-04-27 | 124.92% |
| 2026-04-24 | 124.90% |
| 2026-04-23 | 124.89% |
| 2026-04-22 | 124.92% |
| 2026-04-21 | 124.89% |
| 2026-04-20 | 124.92% |
| 2026-04-17 | 124.90% |
| 2026-04-16 | 124.92% |
| 2026-04-15 | 124.90% |
| 2026-04-14 | 124.90% |
| 2026-04-13 | 124.90% |
| 2026-04-10 | 124.90% |
| 2026-04-09 | 124.91% |
| 2026-04-08 | 124.92% |
| 2026-04-07 | 124.90% |
| 2026-04-06 | 124.89% |
| 2026-04-02 | 124.90% |
| 2026-04-01 | 124.92% |
| 2026-03-31 | 124.93% |
| 2026-03-30 | 124.90% |
| 2026-03-27 | 124.91% |
| 2026-03-26 | 124.90% |
| 2026-03-25 | 124.89% |
| 2026-03-24 | 124.90% |
| 2026-03-23 | 124.90% |
| 2026-03-20 | 124.91% |
| 2026-03-19 | 124.92% |
| 2026-03-18 | 124.90% |
| 2026-03-17 | 124.89% |
| 2026-03-16 | 124.89% |
| 2026-03-13 | 124.90% |
| 2026-03-12 | 124.92% |
| 2026-03-11 | 124.92% |
| 2026-03-10 | 124.89% |
| 2026-03-09 | 93.60% |
| 2026-03-06 | 93.59% |
| 2026-03-05 | 93.59% |
| 2026-03-04 | 93.60% |
| 2026-03-03 | 124.51% |
| 2026-03-02 | 124.52% |
| 2026-02-27 | 124.54% |
| 2026-02-26 | 124.55% |
| 2026-02-25 | 124.51% |
| 2026-02-24 | 124.53% |
| 2026-02-23 | 114.17% |
| 2026-02-20 | 114.19% |
| 2026-02-19 | 114.20% |
| 2026-02-18 | 114.18% |
| 2026-02-17 | 114.17% |
| 2026-02-13 | 114.19% |
| 2026-02-12 | 114.20% |
| 2026-02-11 | 114.20% |
| 2026-02-10 | 114.18% |
| 2026-02-09 | 114.19% |
| 2026-02-06 | 114.18% |
| 2026-02-05 | 114.19% |
| 2026-02-04 | 114.17% |
| 2026-02-03 | 114.17% |
| 2026-02-02 | 114.20% |
| 2026-01-30 | 114.20% |
| 2026-01-29 | 114.19% |
| 2026-01-28 | 114.20% |
| 2026-01-27 | 114.19% |
| 2026-01-26 | 114.17% |
| 2026-01-23 | 114.19% |
| 2026-01-22 | 114.18% |
| 2026-01-21 | 114.20% |
| 2026-01-20 | 114.20% |
| 2026-01-16 | 114.20% |
| 2026-01-15 | 114.17% |
| 2026-01-14 | 114.17% |
| 2026-01-13 | 114.21% |
| 2026-01-12 | 114.20% |
| 2026-01-09 | 114.17% |
| 2026-01-08 | 114.20% |
| 2026-01-07 | 114.19% |
| 2026-01-06 | 114.17% |
| 2026-01-05 | 114.20% |
| 2026-01-02 | 114.19% |
| 2025-12-31 | 114.18% |
| 2025-12-30 | 114.20% |
| 2025-12-29 | 114.19% |
| 2025-12-26 | 114.17% |
| 2025-12-24 | 114.20% |
| 2025-12-23 | 114.18% |
| 2025-12-22 | 114.17% |
| 2025-12-19 | 114.17% |
| 2025-12-18 | 114.19% |
| 2025-12-17 | 114.21% |
| 2025-12-16 | 114.19% |
| 2025-12-15 | 114.20% |
| 2025-12-12 | 114.20% |
| 2025-12-11 | 114.17% |
| 2025-12-10 | 114.19% |
| 2025-12-09 | 114.18% |
| 2025-12-08 | 114.20% |
| 2025-12-05 | 114.20% |
| 2025-12-04 | 114.20% |
| 2025-12-03 | 114.20% |
| 2025-12-02 | 114.18% |
| 2025-12-01 | 114.21% |
| 2025-11-28 | 113.85% |
| 2025-11-26 | 113.82% |
| 2025-11-25 | 113.82% |
| 2025-11-24 | 113.85% |
| 2025-11-21 | 113.84% |
| 2025-11-20 | 113.86% |
| 2025-11-19 | 113.82% |
| 2025-11-18 | 113.84% |
| 2025-11-17 | 113.83% |
| 2025-11-14 | 113.86% |
| 2025-11-13 | 113.83% |
| 2025-11-12 | 113.83% |
| 2025-11-11 | 113.85% |
| 2025-11-10 | 113.85% |
| 2025-11-07 | 113.83% |
| 2025-11-06 | 113.86% |
| 2025-11-05 | 113.84% |
| 2025-11-04 | 113.86% |
| 2025-11-03 | 104.46% |
| 2025-10-31 | 104.45% |
| 2025-10-30 | 104.44% |
| 2025-10-29 | 104.45% |
| 2025-10-28 | 104.45% |
| 2025-10-27 | 104.43% |
| 2025-10-24 | 104.45% |
| 2025-10-23 | 104.45% |
| 2025-10-22 | 104.46% |
| 2025-10-21 | 104.47% |
| 2025-10-20 | 104.43% |
| 2025-10-17 | 104.45% |
| 2025-10-16 | 104.45% |
| 2025-10-15 | 104.45% |
| 2025-10-14 | 104.46% |
| 2025-10-13 | 104.43% |
| 2025-10-10 | 104.42% |
| 2025-10-09 | 104.43% |
| 2025-10-08 | 104.44% |
| 2025-10-07 | 104.42% |
| 2025-10-06 | 104.43% |
| 2025-10-03 | 104.43% |
| 2025-10-02 | 104.42% |
| 2025-10-01 | 104.44% |
| 2025-09-30 | 104.46% |
| 2025-09-29 | 104.44% |
| 2025-09-26 | 104.42% |
| 2025-09-25 | 104.46% |
| 2025-09-24 | 104.45% |
| 2025-09-23 | 104.47% |
| 2025-09-22 | 104.46% |
| 2025-09-19 | 104.45% |
| 2025-09-18 | 104.46% |
| 2025-09-17 | 104.45% |
| 2025-09-16 | 104.44% |
| 2025-09-15 | 104.45% |
| 2025-09-12 | 104.46% |
| 2025-09-11 | 104.43% |
| 2025-09-10 | 104.42% |
| 2025-09-09 | 104.44% |
| 2025-09-08 | 104.46% |
| 2025-09-05 | 104.46% |
| 2025-09-04 | 104.46% |
| 2025-09-03 | 104.46% |
| 2025-09-02 | 130.49% |
| 2025-08-29 | 104.11% |
| 2025-08-28 | 104.11% |
| 2025-08-27 | 104.11% |
| 2025-08-26 | 104.13% |
| 2025-08-25 | 104.14% |
| 2025-08-22 | 104.12% |
| 2025-08-21 | 104.15% |
| 2025-08-20 | 104.14% |
| 2025-08-19 | 104.11% |
| 2025-08-18 | 104.11% |
| 2025-08-15 | 104.12% |
| 2025-08-14 | 104.15% |
| 2025-08-13 | 104.12% |
| 2025-08-12 | 104.14% |
| 2025-08-11 | 104.11% |
| 2025-08-08 | 104.14% |
| 2025-08-07 | 104.12% |
| 2025-08-06 | 104.11% |
| 2025-08-05 | 104.13% |
| 2025-08-04 | 104.15% |
| 2025-08-01 | 104.11% |
| 2025-07-31 | 104.15% |
| 2025-07-30 | 104.11% |
| 2025-07-29 | 104.12% |
| 2025-07-28 | 136.12% |
| 2025-07-25 | 136.08% |
| 2025-07-24 | 136.09% |
| 2025-07-23 | 136.09% |
| 2025-07-22 | 136.11% |
| 2025-07-21 | 136.11% |
| 2025-07-18 | 136.09% |
| 2025-07-17 | 136.12% |
| 2025-07-16 | 136.09% |
Showing the most recent 260 of 2,490 data points. The chart above shows the full history.
| 35.4% |
| 2019 | $6.44 | $2.70 | 41.9% |
| 2018 | $4.33 | $2.58 | 59.6% |
| 2017 | $8.19 | $2.42 | 29.5% |
| 2016 | $6.61 | $2.26 | 34.2% |
| 2015 | $5.96 | $2.14 | 35.9% |
| 2014 | $4.87 | $2.04 | 41.9% |
| 2013 | $3.16 | $1.98 | 62.7% |
| 2012 | $5.41 | $1.80 | 33.3% |
| 2011 | $4.06 | $1.64 | 40.4% |
| 2010 | $4.20 | $1.34 | 31.9% |
| 2009 | $2.23 | $1.30 | 58.3% |
| 2008 | $3.97 | $1.26 | 31.7% |
| 2007 | $4.09 | $1.22 | 29.8% |
| 2006 | $3.54 | $1.18 | 33.3% |
| 2005 | $3.23 | $1.14 | 35.3% |
| 2004 | $4.47 | $1.08 | 24.2% |
| 2003 | $1.28 | $1.03 | 80.5% |
| 2002 | $2.14 | $0.99 | 46.3% |
| 2001 | $1.85 | $0.94 | 50.8% |
| 2000 | $2.22 | $0.90 | 40.5% |
| 1999 | $1.67 | $0.87 | 52.1% |
| 1998 | $1.54 | $0.83 | 53.9% |
| 1997 | ($0.47) | $0.77 | N/A (Loss) |
| 1996 | $1.09 | $0.92 | 83.9% |
