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 29.76% is in line with its 5-year average of 28.88%, near the low end of its 5-year range (16.84%–643.43%).
As of Friday, September 11, 2026. 4.58% below its 12-month average of 31.19%.
Dividend Payout Ratio (29.76%) = TTM Dividends/Share ($2.33) / TTM EPS ($7.84)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-11.
DIVIDEND PAYOUT RATIO
29.76%
DIVIDEND PAYOUT RATIO AVG TTM
31.19%
DIVIDEND PAYOUT RATIO AVG 3Y
28.21%
DIVIDEND PAYOUT RATIO AVG 5Y
28.88%
DIVIDEND PAYOUT RATIO AVG 10Y
31.35%
DIVIDEND PAYOUT RATIO AVG 15Y
45.05%
DIVIDEND PAYOUT RATIO AVG 20Y
56.36%
CURRENT VS TTM AVG
-4.58%
CURRENT VS 3Y AVG
+5.51%
CURRENT VS 5Y AVG
+3.04%
CURRENT VS 10Y AVG
-5.07%
CURRENT VS 15Y AVG
-33.94%
CURRENT VS 20Y AVG
-47.19%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $6.98 | $2.13 | 30.6% |
| 2024-12-31 | $6.57 | $1.70 | 25.9% |
| 2023-12-31 | $5.86 | $1.44 | 24.6% |
| 2022-12-31 | $6.42 | $5.89 | 91.7% |
| 2021-12-31 | $3.87 | $11.00 | 284.2% |
| 2020-12-31 | $2.52 |
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 |
|---|---|
| 2026-09-11 | 29.76% |
| 2026-09-10 | 29.76% |
| 2026-09-09 | 29.76% |
| 2026-09-08 | 29.76% |
| 2026-09-04 | 29.76% |
| 2026-09-03 | 29.76% |
| 2026-09-02 | 29.76% |
| 2026-09-01 | 36.56% |
| 2026-08-31 | 28.91% |
| 2026-08-28 | 28.91% |
| 2026-08-27 | 28.91% |
| 2026-08-26 | 28.91% |
| 2026-08-25 | 28.91% |
| 2026-08-24 | 28.91% |
| 2026-08-21 | 28.91% |
| 2026-08-20 | 28.91% |
| 2026-08-19 | 28.91% |
| 2026-08-18 | 28.91% |
| 2026-08-17 | 28.91% |
| 2026-08-14 | 28.91% |
| 2026-08-13 | 28.91% |
| 2026-08-12 | 28.91% |
| 2026-08-11 | 28.91% |
| 2026-08-10 | 28.91% |
| 2026-08-07 | 28.91% |
| 2026-08-06 | 28.91% |
| 2026-08-05 | 31.08% |
| 2026-08-04 | 31.08% |
| 2026-08-03 | 31.08% |
| 2026-07-31 | 31.08% |
| 2026-07-30 | 31.08% |
| 2026-07-29 | 31.08% |
| 2026-07-28 | 31.08% |
| 2026-07-27 | 31.08% |
| 2026-07-24 | 31.08% |
| 2026-07-23 | 31.08% |
| 2026-07-22 | 31.08% |
| 2026-07-21 | 31.08% |
| 2026-07-20 | 31.08% |
| 2026-07-17 | 31.08% |
| 2026-07-16 | 31.08% |
| 2026-07-15 | 31.08% |
| 2026-07-14 | 31.08% |
| 2026-07-13 | 31.08% |
| 2026-07-10 | 31.08% |
| 2026-07-09 | 31.08% |
| 2026-07-08 | 31.08% |
| 2026-07-07 | 31.08% |
| 2026-07-06 | 31.08% |
| 2026-07-02 | 31.08% |
| 2026-07-01 | 31.08% |
| 2026-06-30 | 31.08% |
| 2026-06-29 | 31.08% |
| 2026-06-26 | 31.08% |
| 2026-06-25 | 31.08% |
| 2026-06-24 | 31.08% |
| 2026-06-23 | 31.08% |
| 2026-06-22 | 31.08% |
| 2026-06-18 | 31.08% |
| 2026-06-17 | 31.08% |
| 2026-06-16 | 31.08% |
| 2026-06-15 | 31.08% |
| 2026-06-12 | 31.08% |
| 2026-06-11 | 31.08% |
| 2026-06-10 | 31.08% |
| 2026-06-09 | 31.08% |
| 2026-06-08 | 31.08% |
| 2026-06-05 | 31.08% |
| 2026-06-04 | 31.08% |
| 2026-06-03 | 31.08% |
| 2026-06-02 | 31.08% |
| 2026-06-01 | 38.39% |
| 2026-05-29 | 30.16% |
| 2026-05-28 | 30.17% |
| 2026-05-27 | 30.16% |
| 2026-05-26 | 30.17% |
| 2026-05-22 | 30.16% |
| 2026-05-21 | 30.16% |
| 2026-05-20 | 30.16% |
| 2026-05-19 | 30.16% |
| 2026-05-18 | 30.17% |
| 2026-05-15 | 30.16% |
| 2026-05-14 | 30.17% |
| 2026-05-13 | 30.17% |
| 2026-05-12 | 30.17% |
| 2026-05-11 | 30.17% |
| 2026-05-08 | 30.16% |
| 2026-05-07 | 30.17% |
| 2026-05-06 | 31.56% |
| 2026-05-05 | 31.57% |
| 2026-05-04 | 31.56% |
| 2026-05-01 | 31.56% |
| 2026-04-30 | 31.56% |
| 2026-04-29 | 31.56% |
| 2026-04-28 | 31.56% |
| 2026-04-27 | 31.56% |
| 2026-04-24 | 31.56% |
| 2026-04-23 | 31.57% |
| 2026-04-22 | 31.57% |
| 2026-04-21 | 31.56% |
| 2026-04-20 | 31.56% |
| 2026-04-17 | 31.56% |
| 2026-04-16 | 31.56% |
| 2026-04-15 | 31.56% |
| 2026-04-14 | 31.56% |
| 2026-04-13 | 31.57% |
| 2026-04-10 | 31.56% |
| 2026-04-09 | 31.56% |
| 2026-04-08 | 31.57% |
| 2026-04-07 | 31.56% |
| 2026-04-06 | 31.56% |
| 2026-04-02 | 31.57% |
| 2026-04-01 | 31.56% |
| 2026-03-31 | 31.57% |
| 2026-03-30 | 31.56% |
| 2026-03-27 | 31.56% |
| 2026-03-26 | 31.56% |
| 2026-03-25 | 31.56% |
| 2026-03-24 | 31.57% |
| 2026-03-23 | 31.56% |
| 2026-03-20 | 31.56% |
| 2026-03-19 | 31.56% |
| 2026-03-18 | 31.56% |
| 2026-03-17 | 31.56% |
| 2026-03-16 | 31.56% |
| 2026-03-13 | 31.56% |
| 2026-03-12 | 31.56% |
| 2026-03-11 | 31.56% |
| 2026-03-10 | 31.56% |
| 2026-03-09 | 31.57% |
| 2026-03-06 | 31.56% |
| 2026-03-05 | 31.56% |
| 2026-03-04 | 31.57% |
| 2026-03-03 | 31.56% |
| 2026-03-02 | 39.22% |
| 2026-02-27 | 30.61% |
| 2026-02-26 | 30.61% |
| 2026-02-25 | 30.61% |
| 2026-02-24 | 30.61% |
| 2026-02-23 | 30.61% |
| 2026-02-20 | 30.61% |
| 2026-02-19 | 30.61% |
| 2026-02-18 | 30.90% |
| 2026-02-17 | 30.90% |
| 2026-02-13 | 30.90% |
| 2026-02-12 | 30.90% |
| 2026-02-11 | 30.90% |
| 2026-02-10 | 30.90% |
| 2026-02-09 | 30.90% |
| 2026-02-06 | 30.90% |
| 2026-02-05 | 30.90% |
| 2026-02-04 | 30.90% |
| 2026-02-03 | 30.90% |
| 2026-02-02 | 30.90% |
| 2026-01-30 | 30.90% |
| 2026-01-29 | 30.91% |
| 2026-01-28 | 30.90% |
| 2026-01-27 | 30.91% |
| 2026-01-26 | 30.90% |
| 2026-01-23 | 30.90% |
| 2026-01-22 | 30.90% |
| 2026-01-21 | 30.90% |
| 2026-01-20 | 30.90% |
| 2026-01-16 | 30.90% |
| 2026-01-15 | 30.90% |
| 2026-01-14 | 30.90% |
| 2026-01-13 | 30.90% |
| 2026-01-12 | 30.90% |
| 2026-01-09 | 30.90% |
| 2026-01-08 | 30.90% |
| 2026-01-07 | 30.90% |
| 2026-01-06 | 30.90% |
| 2026-01-05 | 30.90% |
| 2026-01-02 | 30.90% |
| 2025-12-31 | 30.91% |
| 2025-12-30 | 30.91% |
| 2025-12-29 | 30.91% |
| 2025-12-26 | 30.90% |
| 2025-12-24 | 30.90% |
| 2025-12-23 | 30.90% |
| 2025-12-22 | 30.90% |
| 2025-12-19 | 30.90% |
| 2025-12-18 | 30.91% |
| 2025-12-17 | 30.91% |
| 2025-12-16 | 30.90% |
| 2025-12-15 | 30.90% |
| 2025-12-12 | 30.91% |
| 2025-12-11 | 30.90% |
| 2025-12-10 | 30.91% |
| 2025-12-09 | 30.90% |
| 2025-12-08 | 30.90% |
| 2025-12-05 | 30.90% |
| 2025-12-04 | 30.90% |
| 2025-12-03 | 30.90% |
| 2025-12-02 | 30.90% |
| 2025-12-01 | 38.63% |
| 2025-11-28 | 30.90% |
| 2025-11-26 | 30.91% |
| 2025-11-25 | 30.90% |
| 2025-11-24 | 30.90% |
| 2025-11-21 | 30.91% |
| 2025-11-20 | 30.90% |
| 2025-11-19 | 30.91% |
| 2025-11-18 | 30.90% |
| 2025-11-17 | 30.90% |
| 2025-11-14 | 30.90% |
| 2025-11-13 | 30.90% |
| 2025-11-12 | 30.91% |
| 2025-11-11 | 30.90% |
| 2025-11-10 | 30.90% |
| 2025-11-07 | 30.90% |
| 2025-11-06 | 30.90% |
| 2025-11-05 | 31.91% |
| 2025-11-04 | 31.91% |
| 2025-11-03 | 31.91% |
| 2025-10-31 | 31.91% |
| 2025-10-30 | 31.91% |
| 2025-10-29 | 31.90% |
| 2025-10-28 | 31.90% |
| 2025-10-27 | 31.90% |
| 2025-10-24 | 31.90% |
| 2025-10-23 | 31.90% |
| 2025-10-22 | 31.90% |
| 2025-10-21 | 31.90% |
| 2025-10-20 | 31.90% |
| 2025-10-17 | 31.91% |
| 2025-10-16 | 31.90% |
| 2025-10-15 | 31.90% |
| 2025-10-14 | 31.90% |
| 2025-10-13 | 31.91% |
| 2025-10-10 | 31.90% |
| 2025-10-09 | 31.90% |
| 2025-10-08 | 31.90% |
| 2025-10-07 | 31.91% |
| 2025-10-06 | 31.90% |
| 2025-10-03 | 31.90% |
| 2025-10-02 | 31.90% |
| 2025-10-01 | 31.91% |
| 2025-09-30 | 31.90% |
| 2025-09-29 | 31.90% |
| 2025-09-26 | 31.90% |
| 2025-09-25 | 31.90% |
| 2025-09-24 | 31.90% |
| 2025-09-23 | 31.91% |
| 2025-09-22 | 31.91% |
| 2025-09-19 | 31.90% |
| 2025-09-18 | 31.91% |
| 2025-09-17 | 31.90% |
| 2025-09-16 | 31.90% |
| 2025-09-15 | 31.91% |
| 2025-09-12 | 31.91% |
| 2025-09-11 | 31.90% |
| 2025-09-10 | 31.90% |
| 2025-09-09 | 31.90% |
| 2025-09-08 | 31.90% |
| 2025-09-05 | 31.91% |
| 2025-09-04 | 31.91% |
| 2025-09-03 | 31.91% |
| 2025-09-02 | 37.74% |
| 2025-08-29 | 29.76% |
Showing the most recent 260 of 2,625 data points. The chart above shows the full history.
| $11.78 |
| 466.8% |
| 2019-12-31 | $4.57 | $0.67 | 14.6% |
| 2018-12-31 | $2.99 | $0.45 | 15.0% |
| 2017-12-31 | $1.38 | $0.15 | 10.9% |
| 2016-12-31 | $0.59 | $0.31 | 52.8% |
| 2015-12-31 | $0.68 | $0.29 | 42.9% |
| 2014-12-31 | $0.46 | $0.27 | 58.7% |
| 2013-12-31 | $0.35 | $0.00 | 0.0% |
| 2012-12-31 | $0.73 | $0.48 | 65.5% |
| 2011-12-31 | $0.25 | $0.21 | 85.7% |
| 2010-12-31 | $0.13 | $0.20 | 154.1% |
| 2009-12-31 | $0.08 | $0.19 | 247.8% |
| 2008-12-31 | $0.12 | $0.02 | 17.0% |
| 2007-12-31 | $0.09 | $0.02 | 20.4% |
| 2006-12-31 | $0.12 | $0.06 | 50.9% |
| 2005-12-31 | $0.09 | $0.01 | 14.0% |
| 2004-12-31 | $0.18 | $0.05 | 28.5% |
| 2003-12-31 | $0.05 | $0.02 | 32.1% |
| 2002-12-31 | $0.05 | $0.01 | 19.1% |
| 2001-12-31 | $0.06 | $0.01 | 21.5% |
| 2000-12-31 | $0.03 | $0.01 | 27.2% |
| 1999-12-31 | $0.02 | $0.01 | 36.0% |
| 1998-12-31 | $0.05 | $0.01 | 18.0% |
| 1997-12-31 | $0.05 | $0.01 | 16.7% |
| 1996-12-31 | $0.03 | $0.01 | 27.6% |