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 107.09% is 82% above its 5-year average of 58.71%, around the middle of its 5-year range (11.41%–170.59%).
As of Friday, August 28, 2026. 30.92% above its 12-month average of 81.80%.
Dividend Payout Ratio (107.09%) = TTM Dividends/Share ($4.01) / TTM EPS ($3.74)
DIVIDEND PAYOUT RATIO
107.09%
DIVIDEND PAYOUT RATIO AVG TTM
81.80%
DIVIDEND PAYOUT RATIO AVG 3Y
61.83%
DIVIDEND PAYOUT RATIO AVG 5Y
58.71%
DIVIDEND PAYOUT RATIO AVG 10Y
57.24%
DIVIDEND PAYOUT RATIO AVG 15Y
58.03%
DIVIDEND PAYOUT RATIO AVG 20Y
59.21%
CURRENT VS TTM AVG
+30.92%
CURRENT VS 3Y AVG
+73.22%
CURRENT VS 5Y AVG
+82.41%
CURRENT VS 10Y AVG
+87.10%
CURRENT VS 15Y AVG
+84.55%
CURRENT VS 20Y AVG
+80.86%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.40 | $2.38 | 70.0% |
| 2024 | $4.89 | $2.17 | 44.3% |
| 2023 | $5.91 | $1.96 | 33.2% |
| 2022 | $2.65 | $1.78 | 67.2% |
| 2021 | $11.42 | $1.62 | 14.2% |
| 2020 | $2.40 | $1.52 |
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 |
|---|---|
| 2026-08-28 | 107.09% |
| 2026-08-27 | 107.12% |
| 2026-08-26 | 107.09% |
| 2026-08-25 | 107.11% |
| 2026-08-24 | 107.10% |
| 2026-08-21 | 107.12% |
| 2026-08-20 | 107.11% |
| 2026-08-19 | 107.10% |
| 2026-08-18 | 105.52% |
| 2026-08-17 | 105.52% |
| 2026-08-14 | 105.49% |
| 2026-08-13 | 105.50% |
| 2026-08-12 | 105.52% |
| 2026-08-11 | 105.49% |
| 2026-08-10 | 105.49% |
| 2026-08-07 | 105.51% |
| 2026-08-06 | 105.51% |
| 2026-08-05 | 105.52% |
| 2026-08-04 | 115.39% |
| 2026-08-03 | 115.37% |
| 2026-07-31 | 115.36% |
| 2026-07-30 | 115.38% |
| 2026-07-29 | 115.36% |
| 2026-07-28 | 115.37% |
| 2026-07-27 | 115.35% |
| 2026-07-24 | 115.38% |
| 2026-07-23 | 115.39% |
| 2026-07-22 | 115.40% |
| 2026-07-21 | 115.37% |
| 2026-07-20 | 115.36% |
| 2026-07-17 | 115.38% |
| 2026-07-16 | 115.36% |
| 2026-07-15 | 115.39% |
| 2026-07-14 | 115.35% |
| 2026-07-13 | 115.37% |
| 2026-07-10 | 115.36% |
| 2026-07-09 | 115.38% |
| 2026-07-08 | 115.37% |
| 2026-07-07 | 115.38% |
| 2026-07-06 | 115.37% |
| 2026-07-02 | 115.35% |
| 2026-07-01 | 115.39% |
| 2026-06-30 | 115.37% |
| 2026-06-29 | 115.38% |
| 2026-06-26 | 115.36% |
| 2026-06-25 | 115.39% |
| 2026-06-24 | 115.38% |
| 2026-06-23 | 115.38% |
| 2026-06-22 | 115.36% |
| 2026-06-18 | 115.39% |
| 2026-06-17 | 115.36% |
| 2026-06-16 | 115.38% |
| 2026-06-15 | 115.38% |
| 2026-06-12 | 115.35% |
| 2026-06-11 | 115.35% |
| 2026-06-10 | 115.35% |
| 2026-06-09 | 115.37% |
| 2026-06-08 | 115.37% |
| 2026-06-05 | 115.38% |
| 2026-06-04 | 115.37% |
| 2026-06-03 | 115.35% |
| 2026-06-02 | 115.36% |
| 2026-06-01 | 115.36% |
| 2026-05-29 | 115.40% |
| 2026-05-28 | 115.35% |
| 2026-05-27 | 115.39% |
| 2026-05-26 | 115.38% |
| 2026-05-22 | 115.40% |
| 2026-05-21 | 115.39% |
| 2026-05-20 | 115.38% |
| 2026-05-19 | 96.22% |
| 2026-05-18 | 96.24% |
| 2026-05-15 | 96.22% |
| 2026-05-14 | 113.61% |
| 2026-05-13 | 113.64% |
| 2026-05-12 | 113.63% |
| 2026-05-11 | 113.63% |
| 2026-05-08 | 113.64% |
| 2026-05-07 | 113.61% |
| 2026-05-06 | 113.63% |
| 2026-05-05 | 81.82% |
| 2026-05-04 | 115.99% |
| 2026-05-01 | 73.14% |
| 2026-04-30 | 73.13% |
| 2026-04-29 | 73.15% |
| 2026-04-28 | 73.13% |
| 2026-04-27 | 73.14% |
| 2026-04-24 | 73.14% |
| 2026-04-23 | 73.14% |
| 2026-04-22 | 73.14% |
| 2026-04-21 | 73.14% |
| 2026-04-20 | 73.14% |
| 2026-04-17 | 73.13% |
| 2026-04-16 | 73.14% |
| 2026-04-15 | 73.14% |
| 2026-04-14 | 73.13% |
| 2026-04-13 | 73.15% |
| 2026-04-10 | 73.15% |
| 2026-04-09 | 73.13% |
| 2026-04-08 | 73.13% |
| 2026-04-07 | 73.13% |
| 2026-04-06 | 73.14% |
| 2026-04-02 | 73.14% |
| 2026-04-01 | 73.13% |
| 2026-03-31 | 73.14% |
| 2026-03-30 | 73.14% |
| 2026-03-27 | 73.15% |
| 2026-03-26 | 73.14% |
| 2026-03-25 | 73.14% |
| 2026-03-24 | 73.14% |
| 2026-03-23 | 73.14% |
| 2026-03-20 | 73.14% |
| 2026-03-19 | 73.15% |
| 2026-03-18 | 73.14% |
| 2026-03-17 | 73.13% |
| 2026-03-16 | 73.15% |
| 2026-03-13 | 73.15% |
| 2026-03-12 | 73.15% |
| 2026-03-11 | 73.14% |
| 2026-03-10 | 73.15% |
| 2026-03-09 | 73.14% |
| 2026-03-06 | 73.14% |
| 2026-03-05 | 73.15% |
| 2026-03-04 | 73.14% |
| 2026-03-03 | 73.14% |
| 2026-03-02 | 73.15% |
| 2026-02-27 | 73.14% |
| 2026-02-26 | 73.14% |
| 2026-02-25 | 73.15% |
| 2026-02-24 | 73.14% |
| 2026-02-23 | 73.15% |
| 2026-02-20 | 73.15% |
| 2026-02-19 | 90.90% |
| 2026-02-18 | 90.91% |
| 2026-02-17 | 90.92% |
| 2026-02-13 | 71.05% |
| 2026-02-12 | 71.05% |
| 2026-02-11 | 71.05% |
| 2026-02-10 | 71.04% |
| 2026-02-09 | 71.05% |
| 2026-02-06 | 71.05% |
| 2026-02-05 | 71.04% |
| 2026-02-04 | 61.83% |
| 2026-02-03 | 61.81% |
| 2026-02-02 | 61.82% |
| 2026-01-30 | 61.81% |
| 2026-01-29 | 61.81% |
| 2026-01-28 | 61.82% |
| 2026-01-27 | 61.81% |
| 2026-01-26 | 61.82% |
| 2026-01-23 | 61.81% |
| 2026-01-22 | 61.81% |
| 2026-01-21 | 61.81% |
| 2026-01-20 | 61.82% |
| 2026-01-16 | 61.82% |
| 2026-01-15 | 61.81% |
| 2026-01-14 | 61.81% |
| 2026-01-13 | 61.82% |
| 2026-01-12 | 61.82% |
| 2026-01-09 | 61.82% |
| 2026-01-08 | 61.82% |
| 2026-01-07 | 61.82% |
| 2026-01-06 | 61.81% |
| 2026-01-05 | 61.81% |
| 2026-01-02 | 61.81% |
| 2025-12-31 | 61.81% |
| 2025-12-30 | 61.82% |
| 2025-12-29 | 61.82% |
| 2025-12-26 | 61.81% |
| 2025-12-24 | 61.82% |
| 2025-12-23 | 61.82% |
| 2025-12-22 | 61.82% |
| 2025-12-19 | 61.83% |
| 2025-12-18 | 61.81% |
| 2025-12-17 | 61.81% |
| 2025-12-16 | 61.83% |
| 2025-12-15 | 61.82% |
| 2025-12-12 | 61.82% |
| 2025-12-11 | 61.82% |
| 2025-12-10 | 61.83% |
| 2025-12-09 | 61.82% |
| 2025-12-08 | 61.81% |
| 2025-12-05 | 61.82% |
| 2025-12-04 | 61.83% |
| 2025-12-03 | 61.82% |
| 2025-12-02 | 61.81% |
| 2025-12-01 | 61.81% |
| 2025-11-28 | 61.82% |
| 2025-11-26 | 61.83% |
| 2025-11-25 | 61.83% |
| 2025-11-24 | 61.81% |
| 2025-11-21 | 61.82% |
| 2025-11-20 | 76.06% |
| 2025-11-19 | 76.06% |
| 2025-11-18 | 76.06% |
| 2025-11-17 | 60.61% |
| 2025-11-14 | 60.61% |
| 2025-11-13 | 60.61% |
| 2025-11-12 | 60.61% |
| 2025-11-11 | 60.61% |
| 2025-11-10 | 60.61% |
| 2025-11-07 | 60.60% |
| 2025-11-06 | 60.60% |
| 2025-11-05 | 60.61% |
| 2025-11-04 | 65.17% |
| 2025-11-03 | 65.17% |
| 2025-10-31 | 65.18% |
| 2025-10-30 | 65.17% |
| 2025-10-29 | 65.18% |
| 2025-10-28 | 65.18% |
| 2025-10-27 | 65.17% |
| 2025-10-24 | 65.19% |
| 2025-10-23 | 65.18% |
| 2025-10-22 | 65.18% |
| 2025-10-21 | 65.18% |
| 2025-10-20 | 65.18% |
| 2025-10-17 | 65.18% |
| 2025-10-16 | 65.18% |
| 2025-10-15 | 65.18% |
| 2025-10-14 | 65.18% |
| 2025-10-13 | 65.17% |
| 2025-10-10 | 65.18% |
| 2025-10-09 | 65.18% |
| 2025-10-08 | 65.17% |
| 2025-10-07 | 65.19% |
| 2025-10-06 | 65.19% |
| 2025-10-03 | 65.18% |
| 2025-10-02 | 65.18% |
| 2025-10-01 | 65.18% |
| 2025-09-30 | 65.17% |
| 2025-09-29 | 65.19% |
| 2025-09-26 | 65.18% |
| 2025-09-25 | 65.18% |
| 2025-09-24 | 65.18% |
| 2025-09-23 | 65.18% |
| 2025-09-22 | 65.19% |
| 2025-09-19 | 65.18% |
| 2025-09-18 | 65.18% |
| 2025-09-17 | 65.18% |
| 2025-09-16 | 65.19% |
| 2025-09-15 | 65.18% |
| 2025-09-12 | 65.19% |
| 2025-09-11 | 65.18% |
| 2025-09-10 | 65.19% |
| 2025-09-09 | 65.18% |
| 2025-09-08 | 65.18% |
| 2025-09-05 | 65.19% |
| 2025-09-04 | 65.18% |
| 2025-09-03 | 65.18% |
| 2025-09-02 | 65.18% |
| 2025-08-29 | 65.18% |
| 2025-08-28 | 65.18% |
| 2025-08-27 | 65.18% |
| 2025-08-26 | 65.19% |
| 2025-08-25 | 65.18% |
| 2025-08-22 | 65.18% |
| 2025-08-21 | 65.19% |
| 2025-08-20 | 65.19% |
| 2025-08-19 | 65.17% |
| 2025-08-18 | 48.56% |
Showing the most recent 260 of 2,513 data points. The chart above shows the full history.
| 63.3% |
| 2019 | $3.19 | $1.44 | 45.1% |
| 2018 | $0.11 | $1.42 | N/A |
| 2017 | $2.21 | $1.38 | 62.3% |
| 2016 | $1.53 | $1.36 | 88.8% |
| 2015 | $1.83 | $1.34 | 73.2% |
| 2014 | $2.70 | $1.32 | 48.9% |
| 2013 | $0.17 | $1.30 | 764.7% |
| 2012 | $2.76 | $1.28 | 46.4% |
| 2011 | ($1.91) | $1.24 | N/A (Loss) |
| 2010 | $1.24 | $1.16 | 93.5% |
| 2009 | $1.21 | $1.12 | 92.6% |
| 2008 | $1.93 | $1.08 | 56.2% |
| 2007 | $7.13 | $0.98 | 13.8% |
| 2006 | $1.98 | $0.88 | 44.4% |
| 2005 | $1.62 | $0.79 | 48.9% |
| 2004 | $1.76 | $0.75 | 42.9% |
| 2003 | $1.53 | $1.15 | 75.4% |
| 2002 | $1.04 | $0.70 | 67.8% |
| 2001 | $1.36 | $0.70 | 51.5% |
| 2000 | $2.24 | $0.69 | 30.6% |
| 1999 | $0.98 | $0.66 | 67.1% |
| 1998 | $3.39 | $0.63 | 18.5% |
| 1997 | $1.04 | $0.59 | 56.7% |
| 1996 | $1.08 | $0.56 | 51.6% |
