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 41.84% is 37% above its 5-year average of 30.63%, around the middle of its 5-year range (6.27%–59.54%).
As of Sunday, July 26, 2026. 7.05% above its 12-month average of 39.08%.
Dividend Payout Ratio (41.84%) = TTM Dividends/Share ($2.08) / TTM EPS ($4.97)
DIVIDEND PAYOUT RATIO
41.84%
DIVIDEND PAYOUT RATIO AVG TTM
39.08%
DIVIDEND PAYOUT RATIO AVG 3Y
41.04%
DIVIDEND PAYOUT RATIO AVG 5Y
30.63%
DIVIDEND PAYOUT RATIO AVG 10Y
30.87%
DIVIDEND PAYOUT RATIO AVG 15Y
31.37%
DIVIDEND PAYOUT RATIO AVG 20Y
28.35%
CURRENT VS TTM AVG
+7.05%
CURRENT VS 3Y AVG
+1.94%
CURRENT VS 5Y AVG
+36.60%
CURRENT VS 10Y AVG
+35.54%
CURRENT VS 15Y AVG
+33.36%
CURRENT VS 20Y AVG
+47.56%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $4.87 | $2.02 | 41.5% |
| 2024 | $4.98 | $1.46 | 29.3% |
| 2023 | $7.00 | $1.86 | 26.6% |
| 2022 | $20.67 | $1.76 | 8.5% |
| 2021 | $11.93 | $1.68 | 14.1% |
| 2020 | $4.04 | $1.62 |
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 | 41.84% |
| 2026-07-23 | 41.86% |
| 2026-07-22 | 41.84% |
| 2026-07-21 | 41.84% |
| 2026-07-20 | 41.85% |
| 2026-07-17 | 41.86% |
| 2026-07-16 | 41.85% |
| 2026-07-15 | 41.84% |
| 2026-07-14 | 41.85% |
| 2026-07-13 | 41.85% |
| 2026-07-10 | 41.85% |
| 2026-07-09 | 41.86% |
| 2026-07-08 | 41.85% |
| 2026-07-07 | 41.85% |
| 2026-07-06 | 41.86% |
| 2026-07-02 | 41.84% |
| 2026-07-01 | 41.84% |
| 2026-06-30 | 41.44% |
| 2026-06-29 | 41.45% |
| 2026-06-26 | 41.44% |
| 2026-06-25 | 41.44% |
| 2026-06-24 | 41.45% |
| 2026-06-23 | 41.45% |
| 2026-06-22 | 41.44% |
| 2026-06-18 | 41.44% |
| 2026-06-17 | 41.45% |
| 2026-06-16 | 41.46% |
| 2026-06-15 | 41.45% |
| 2026-06-12 | 41.46% |
| 2026-06-11 | 41.45% |
| 2026-06-10 | 41.45% |
| 2026-06-09 | 41.46% |
| 2026-06-08 | 41.46% |
| 2026-06-05 | 41.44% |
| 2026-06-04 | 41.45% |
| 2026-06-03 | 41.45% |
| 2026-06-02 | 36.53% |
| 2026-06-01 | 36.54% |
| 2026-05-29 | 36.52% |
| 2026-05-28 | 36.52% |
| 2026-05-27 | 36.51% |
| 2026-05-26 | 36.53% |
| 2026-05-22 | 36.51% |
| 2026-05-21 | 36.52% |
| 2026-05-20 | 36.54% |
| 2026-05-19 | 36.53% |
| 2026-05-18 | 36.53% |
| 2026-05-15 | 36.51% |
| 2026-05-14 | 36.54% |
| 2026-05-13 | 36.52% |
| 2026-05-12 | 36.51% |
| 2026-05-11 | 36.53% |
| 2026-05-08 | 36.53% |
| 2026-05-07 | 36.52% |
| 2026-05-06 | 36.51% |
| 2026-05-05 | 36.52% |
| 2026-05-04 | 36.52% |
| 2026-05-01 | 36.52% |
| 2026-04-30 | 36.51% |
| 2026-04-29 | 36.54% |
| 2026-04-28 | 36.52% |
| 2026-04-27 | 36.52% |
| 2026-04-24 | 36.53% |
| 2026-04-23 | 36.52% |
| 2026-04-22 | 36.53% |
| 2026-04-21 | 36.53% |
| 2026-04-20 | 36.52% |
| 2026-04-17 | 36.52% |
| 2026-04-16 | 36.52% |
| 2026-04-15 | 36.53% |
| 2026-04-14 | 36.52% |
| 2026-04-13 | 36.53% |
| 2026-04-10 | 36.53% |
| 2026-04-09 | 36.51% |
| 2026-04-08 | 36.53% |
| 2026-04-07 | 45.39% |
| 2026-04-06 | 45.40% |
| 2026-04-02 | 36.18% |
| 2026-04-01 | 36.18% |
| 2026-03-31 | 36.16% |
| 2026-03-30 | 36.17% |
| 2026-03-27 | 36.17% |
| 2026-03-26 | 36.17% |
| 2026-03-25 | 36.17% |
| 2026-03-24 | 36.17% |
| 2026-03-23 | 36.16% |
| 2026-03-20 | 36.16% |
| 2026-03-19 | 36.18% |
| 2026-03-18 | 36.17% |
| 2026-03-17 | 36.18% |
| 2026-03-16 | 36.17% |
| 2026-03-13 | 36.17% |
| 2026-03-12 | 36.17% |
| 2026-03-11 | 36.17% |
| 2026-03-10 | 36.17% |
| 2026-03-09 | 36.17% |
| 2026-03-06 | 36.17% |
| 2026-03-05 | 36.16% |
| 2026-03-04 | 36.17% |
| 2026-03-03 | 36.16% |
| 2026-03-02 | 38.57% |
| 2026-02-27 | 38.56% |
| 2026-02-26 | 38.55% |
| 2026-02-25 | 38.56% |
| 2026-02-24 | 38.56% |
| 2026-02-23 | 38.56% |
| 2026-02-20 | 38.56% |
| 2026-02-19 | 38.57% |
| 2026-02-18 | 38.56% |
| 2026-02-17 | 38.56% |
| 2026-02-13 | 38.56% |
| 2026-02-12 | 38.57% |
| 2026-02-11 | 38.57% |
| 2026-02-10 | 38.57% |
| 2026-02-09 | 38.56% |
| 2026-02-06 | 38.56% |
| 2026-02-05 | 38.56% |
| 2026-02-04 | 38.57% |
| 2026-02-03 | 38.56% |
| 2026-02-02 | 38.56% |
| 2026-01-30 | 38.57% |
| 2026-01-29 | 38.57% |
| 2026-01-28 | 38.57% |
| 2026-01-27 | 38.56% |
| 2026-01-26 | 38.55% |
| 2026-01-23 | 38.56% |
| 2026-01-22 | 38.57% |
| 2026-01-21 | 38.57% |
| 2026-01-20 | 38.56% |
| 2026-01-16 | 38.57% |
| 2026-01-15 | 38.56% |
| 2026-01-14 | 38.56% |
| 2026-01-13 | 38.55% |
| 2026-01-12 | 38.56% |
| 2026-01-09 | 38.57% |
| 2026-01-08 | 38.57% |
| 2026-01-07 | 38.56% |
| 2026-01-06 | 38.56% |
| 2026-01-05 | 48.01% |
| 2026-01-02 | 38.19% |
| 2025-12-31 | 38.19% |
| 2025-12-30 | 38.19% |
| 2025-12-29 | 38.19% |
| 2025-12-26 | 38.19% |
| 2025-12-24 | 38.19% |
| 2025-12-23 | 38.18% |
| 2025-12-22 | 38.19% |
| 2025-12-19 | 38.18% |
| 2025-12-18 | 38.19% |
| 2025-12-17 | 38.19% |
| 2025-12-16 | 38.19% |
| 2025-12-15 | 38.18% |
| 2025-12-12 | 38.19% |
| 2025-12-11 | 38.18% |
| 2025-12-10 | 38.18% |
| 2025-12-09 | 38.19% |
| 2025-12-08 | 38.19% |
| 2025-12-05 | 38.18% |
| 2025-12-04 | 38.19% |
| 2025-12-03 | 38.19% |
| 2025-12-02 | 41.70% |
| 2025-12-01 | 41.69% |
| 2025-11-28 | 41.69% |
| 2025-11-26 | 41.68% |
| 2025-11-25 | 41.68% |
| 2025-11-24 | 41.69% |
| 2025-11-21 | 41.69% |
| 2025-11-20 | 41.69% |
| 2025-11-19 | 41.68% |
| 2025-11-18 | 41.69% |
| 2025-11-17 | 41.68% |
| 2025-11-14 | 41.69% |
| 2025-11-13 | 41.69% |
| 2025-11-12 | 41.69% |
| 2025-11-11 | 41.69% |
| 2025-11-10 | 41.68% |
| 2025-11-07 | 41.69% |
| 2025-11-06 | 41.70% |
| 2025-11-05 | 41.68% |
| 2025-11-04 | 41.70% |
| 2025-11-03 | 41.70% |
| 2025-10-31 | 52.02% |
| 2025-10-30 | 52.01% |
| 2025-10-29 | 52.02% |
| 2025-10-28 | 52.00% |
| 2025-10-27 | 52.00% |
| 2025-10-24 | 52.00% |
| 2025-10-23 | 52.00% |
| 2025-10-22 | 41.28% |
| 2025-10-21 | 41.27% |
| 2025-10-20 | 41.27% |
| 2025-10-17 | 41.27% |
| 2025-10-16 | 41.27% |
| 2025-10-15 | 41.28% |
| 2025-10-14 | 41.27% |
| 2025-10-13 | 41.27% |
| 2025-10-10 | 41.29% |
| 2025-10-09 | 41.27% |
| 2025-10-08 | 41.27% |
| 2025-10-07 | 41.27% |
| 2025-10-06 | 41.27% |
| 2025-10-03 | 41.28% |
| 2025-10-02 | 41.28% |
| 2025-10-01 | 41.27% |
| 2025-09-30 | 41.28% |
| 2025-09-29 | 41.29% |
| 2025-09-26 | 41.27% |
| 2025-09-25 | 41.28% |
| 2025-09-24 | 41.28% |
| 2025-09-23 | 48.02% |
| 2025-09-22 | 48.02% |
| 2025-09-19 | 48.01% |
| 2025-09-18 | 48.01% |
| 2025-09-17 | 48.02% |
| 2025-09-16 | 48.02% |
| 2025-09-15 | 48.02% |
| 2025-09-12 | 48.01% |
| 2025-09-11 | 48.01% |
| 2025-09-10 | 48.01% |
| 2025-09-09 | 48.01% |
| 2025-09-08 | 48.02% |
| 2025-09-05 | 48.02% |
| 2025-09-04 | 48.02% |
| 2025-09-03 | 48.02% |
| 2025-09-02 | 48.02% |
| 2025-08-29 | 48.01% |
| 2025-08-28 | 48.01% |
| 2025-08-27 | 48.02% |
| 2025-08-26 | 48.01% |
| 2025-08-25 | 48.01% |
| 2025-08-22 | 48.02% |
| 2025-08-21 | 48.01% |
| 2025-08-20 | 48.01% |
| 2025-08-19 | 48.02% |
| 2025-08-18 | 48.02% |
| 2025-08-15 | 48.02% |
| 2025-08-14 | 48.02% |
| 2025-08-13 | 48.02% |
| 2025-08-12 | 48.01% |
| 2025-08-11 | 48.02% |
| 2025-08-08 | 48.02% |
| 2025-08-07 | 48.02% |
| 2025-08-06 | 48.02% |
| 2025-08-05 | 48.02% |
| 2025-08-04 | 48.01% |
| 2025-08-01 | 48.01% |
| 2025-07-31 | 48.01% |
| 2025-07-30 | 48.02% |
| 2025-07-29 | 48.01% |
| 2025-07-28 | 48.01% |
| 2025-07-25 | 48.01% |
| 2025-07-24 | 48.02% |
| 2025-07-23 | 48.01% |
| 2025-07-22 | 48.01% |
| 2025-07-21 | 48.02% |
| 2025-07-18 | 48.02% |
| 2025-07-17 | 48.00% |
| 2025-07-16 | 48.02% |
| 2025-07-15 | 48.01% |
| 2025-07-14 | 48.02% |
Showing the most recent 260 of 2,614 data points. The chart above shows the full history.
| 40.1% |
| 2019 | $2.47 | $1.58 | 64.0% |
| 2018 | $8.17 | $1.52 | 18.6% |
| 2017 | $7.12 | $1.40 | 19.7% |
| 2016 | $4.89 | $1.26 | 25.8% |
| 2015 | $3.75 | $1.14 | 30.4% |
| 2014 | $3.36 | $1.00 | 29.8% |
| 2013 | $2.88 | $1.82 | 63.2% |
| 2012 | $2.26 | $0.48 | 21.2% |
| 2011 | $1.92 | $0.50 | 26.0% |
| 2010 | $2.08 | $0.34 | 16.3% |
| 2009 | $0.31 | $0.21 | 67.7% |
| 2008 | $1.67 | $0.28 | 16.8% |
| 2007 | $2.42 | $0.21 | 8.7% |
| 2006 | $2.89 | $0.21 | 7.3% |
| 2005 | $2.10 | $0.61 | 29.0% |
| 2004 | $1.83 | $0.12 | 6.6% |
| 2003 | $0.69 | $0.04 | 6.5% |
| 2002 | $0.94 | $0.02 | 2.1% |
| 2001 | $0.28 | $0.02 | 7.1% |
| 2000 | $0.37 | $0.02 | 5.4% |
| 1999 | $0.32 | $0.02 | 6.3% |
| 1998 | $0.20 | $0.02 | 10.0% |
| 1997 | $0.06 | $0.02 | 36.4% |
| 1996 | $0.05 | $0.02 | 42.8% |
