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 37.96% is 44% below its 5-year average of 68.23%, near the low end of its 5-year range (0.00%–173.22%).
As of Wednesday, September 9, 2026. 57.25% below its 12-month average of 88.81%.
Dividend Payout Ratio (37.96%) = TTM Dividends/Share ($0.40) / TTM EPS ($1.06)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-09.
DIVIDEND PAYOUT RATIO
37.96%
DIVIDEND PAYOUT RATIO AVG TTM
88.81%
DIVIDEND PAYOUT RATIO AVG 3Y
78.01%
DIVIDEND PAYOUT RATIO AVG 5Y
68.23%
DIVIDEND PAYOUT RATIO AVG 10Y
71.07%
DIVIDEND PAYOUT RATIO AVG 15Y
69.38%
DIVIDEND PAYOUT RATIO AVG 20Y
64.99%
CURRENT VS TTM AVG
-57.25%
CURRENT VS 3Y AVG
-51.33%
CURRENT VS 5Y AVG
-44.36%
CURRENT VS 10Y AVG
-46.58%
CURRENT VS 15Y AVG
-45.28%
CURRENT VS 20Y AVG
-41.58%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $0.53 | $0.48 | 90.8% |
| 2024-12-31 | $0.58 | $0.46 | 80.1% |
| 2023-12-31 | $0.79 | $0.59 | 74.5% |
| 2022-12-31 | $1.16 | $0.52 | 44.7% |
| 2021-12-31 | $0.82 | $0.29 | 34.8% |
| 2020-12-31 | $0.43 |
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 |
|---|---|
| 2026-09-09 | 37.96% |
| 2026-09-08 | 37.95% |
| 2026-09-04 | 37.96% |
| 2026-09-03 | 37.96% |
| 2026-09-02 | 37.96% |
| 2026-09-01 | 37.95% |
| 2026-08-31 | 37.95% |
| 2026-08-28 | 37.96% |
| 2026-08-27 | 37.96% |
| 2026-08-26 | 37.96% |
| 2026-08-25 | 37.96% |
| 2026-08-24 | 37.96% |
| 2026-08-21 | 37.96% |
| 2026-08-20 | 37.95% |
| 2026-08-19 | 37.96% |
| 2026-08-18 | 37.96% |
| 2026-08-17 | 37.95% |
| 2026-08-14 | 37.95% |
| 2026-08-13 | 37.95% |
| 2026-08-12 | 37.95% |
| 2026-08-11 | 37.95% |
| 2026-08-10 | 37.95% |
| 2026-08-07 | 37.96% |
| 2026-08-06 | 37.95% |
| 2026-08-05 | 37.96% |
| 2026-08-04 | 37.95% |
| 2026-08-03 | 37.96% |
| 2026-07-31 | 37.96% |
| 2026-07-30 | 37.95% |
| 2026-07-29 | 61.71% |
| 2026-07-28 | 61.72% |
| 2026-07-27 | 61.72% |
| 2026-07-24 | 61.71% |
| 2026-07-23 | 61.71% |
| 2026-07-22 | 61.72% |
| 2026-07-21 | 61.72% |
| 2026-07-20 | 61.73% |
| 2026-07-17 | 61.72% |
| 2026-07-16 | 61.72% |
| 2026-07-15 | 61.72% |
| 2026-07-14 | 61.72% |
| 2026-07-13 | 61.72% |
| 2026-07-10 | 61.72% |
| 2026-07-09 | 61.72% |
| 2026-07-08 | 61.72% |
| 2026-07-07 | 0.00% |
| 2026-07-06 | 0.00% |
| 2026-07-02 | 0.00% |
| 2026-07-01 | 0.00% |
| 2026-06-30 | 0.00% |
| 2026-06-29 | 0.00% |
| 2026-06-26 | 0.00% |
| 2026-06-25 | 0.00% |
| 2026-06-24 | 0.00% |
| 2026-06-23 | 74.41% |
| 2026-06-22 | 74.40% |
| 2026-06-18 | 74.42% |
| 2026-06-17 | 74.40% |
| 2026-06-16 | 74.41% |
| 2026-06-15 | 74.42% |
| 2026-06-12 | 74.40% |
| 2026-06-11 | 74.41% |
| 2026-06-10 | 74.41% |
| 2026-06-09 | 74.41% |
| 2026-06-08 | 74.40% |
| 2026-06-05 | 74.40% |
| 2026-06-04 | 74.41% |
| 2026-06-03 | 74.41% |
| 2026-06-02 | 74.40% |
| 2026-06-01 | 74.40% |
| 2026-05-29 | 74.41% |
| 2026-05-28 | 74.41% |
| 2026-05-27 | 74.40% |
| 2026-05-26 | 74.41% |
| 2026-05-22 | 74.40% |
| 2026-05-21 | 74.40% |
| 2026-05-20 | 74.42% |
| 2026-05-19 | 74.41% |
| 2026-05-18 | 74.41% |
| 2026-05-15 | 74.40% |
| 2026-05-14 | 74.42% |
| 2026-05-13 | 74.40% |
| 2026-05-12 | 74.41% |
| 2026-05-11 | 74.40% |
| 2026-05-08 | 74.40% |
| 2026-05-07 | 74.40% |
| 2026-05-06 | 74.39% |
| 2026-05-05 | 74.40% |
| 2026-05-04 | 74.43% |
| 2026-05-01 | 74.40% |
| 2026-04-29 | 94.11% |
| 2026-04-28 | 94.12% |
| 2026-04-27 | 94.09% |
| 2026-04-24 | 94.09% |
| 2026-04-23 | 94.11% |
| 2026-04-22 | 94.10% |
| 2026-04-21 | 94.10% |
| 2026-04-20 | 94.09% |
| 2026-04-17 | 94.12% |
| 2026-04-16 | 94.10% |
| 2026-04-15 | 94.13% |
| 2026-04-14 | 94.08% |
| 2026-04-13 | 94.11% |
| 2026-04-10 | 94.12% |
| 2026-04-09 | 94.12% |
| 2026-04-08 | 94.10% |
| 2026-04-07 | 94.11% |
| 2026-04-06 | 94.09% |
| 2026-04-02 | 94.09% |
| 2026-04-01 | 94.12% |
| 2026-03-31 | 94.12% |
| 2026-03-30 | 94.13% |
| 2026-03-27 | 94.09% |
| 2026-03-26 | 94.08% |
| 2026-03-25 | 94.11% |
| 2026-03-24 | 94.09% |
| 2026-03-23 | 94.10% |
| 2026-03-20 | 94.11% |
| 2026-03-19 | 94.09% |
| 2026-03-18 | 94.11% |
| 2026-03-17 | 94.11% |
| 2026-03-16 | 94.10% |
| 2026-03-13 | 94.10% |
| 2026-03-12 | 94.12% |
| 2026-03-11 | 94.11% |
| 2026-03-10 | 94.10% |
| 2026-03-09 | 94.12% |
| 2026-03-06 | 94.08% |
| 2026-03-05 | 94.12% |
| 2026-03-04 | 94.11% |
| 2026-03-03 | 94.11% |
| 2026-03-02 | 94.12% |
| 2026-02-27 | 94.11% |
| 2026-02-26 | 94.12% |
| 2026-02-25 | 94.09% |
| 2026-02-24 | 94.09% |
| 2026-02-23 | 94.10% |
| 2026-02-20 | 94.10% |
| 2026-02-19 | 94.12% |
| 2026-02-18 | 94.10% |
| 2026-02-17 | 94.11% |
| 2026-02-13 | 94.10% |
| 2026-02-12 | 94.12% |
| 2026-02-11 | 94.12% |
| 2026-02-10 | 94.12% |
| 2026-02-09 | 94.10% |
| 2026-02-06 | 94.11% |
| 2026-02-05 | 94.08% |
| 2026-02-04 | 94.13% |
| 2026-02-03 | 94.10% |
| 2026-02-02 | 94.10% |
| 2026-01-30 | 94.09% |
| 2026-01-29 | 94.09% |
| 2026-01-28 | 94.10% |
| 2026-01-27 | 94.10% |
| 2026-01-26 | 94.09% |
| 2026-01-23 | 94.08% |
| 2026-01-22 | 94.12% |
| 2026-01-21 | 94.09% |
| 2026-01-20 | 94.10% |
| 2026-01-16 | 94.11% |
| 2026-01-15 | 94.12% |
| 2026-01-14 | 94.12% |
| 2026-01-13 | 94.09% |
| 2026-01-12 | 94.09% |
| 2026-01-09 | 94.12% |
| 2026-01-08 | 94.11% |
| 2026-01-07 | 94.11% |
| 2026-01-06 | 94.09% |
| 2026-01-05 | 94.10% |
| 2026-01-02 | 94.12% |
| 2025-12-31 | 94.13% |
| 2025-12-30 | 94.10% |
| 2025-12-29 | 94.11% |
| 2025-12-26 | 94.12% |
| 2025-12-24 | 94.11% |
| 2025-12-23 | 94.11% |
| 2025-12-22 | 94.10% |
| 2025-12-19 | 94.09% |
| 2025-12-18 | 94.08% |
| 2025-12-17 | 94.11% |
| 2025-12-16 | 94.08% |
| 2025-12-15 | 94.12% |
| 2025-12-12 | 94.07% |
| 2025-12-11 | 94.08% |
| 2025-12-10 | 94.11% |
| 2025-12-09 | 94.08% |
| 2025-12-08 | 94.13% |
| 2025-12-05 | 94.12% |
| 2025-12-04 | 94.07% |
| 2025-12-03 | 94.13% |
| 2025-12-02 | 94.11% |
| 2025-12-01 | 94.08% |
| 2025-11-28 | 94.13% |
| 2025-11-26 | 94.08% |
| 2025-11-25 | 94.13% |
| 2025-11-24 | 94.12% |
| 2025-11-21 | 94.12% |
| 2025-11-20 | 94.07% |
| 2025-11-19 | 94.11% |
| 2025-11-18 | 94.12% |
| 2025-11-17 | 94.10% |
| 2025-11-14 | 94.08% |
| 2025-11-13 | 94.14% |
| 2025-11-12 | 94.12% |
| 2025-11-11 | 94.10% |
| 2025-11-10 | 94.12% |
| 2025-11-07 | 94.11% |
| 2025-11-06 | 94.07% |
| 2025-11-05 | 94.10% |
| 2025-11-04 | 94.11% |
| 2025-11-03 | 94.12% |
| 2025-10-31 | 94.08% |
| 2025-10-30 | 94.08% |
| 2025-10-29 | 96.78% |
| 2025-10-28 | 96.78% |
| 2025-10-27 | 96.78% |
| 2025-10-24 | 96.78% |
| 2025-10-23 | 96.78% |
| 2025-10-22 | 96.78% |
| 2025-10-21 | 96.78% |
| 2025-10-20 | 96.78% |
| 2025-10-17 | 96.78% |
| 2025-10-16 | 96.78% |
| 2025-10-15 | 96.78% |
| 2025-10-14 | 96.78% |
| 2025-10-13 | 96.78% |
| 2025-10-10 | 96.79% |
| 2025-10-09 | 96.78% |
| 2025-10-08 | 96.78% |
| 2025-10-07 | 96.78% |
| 2025-10-06 | 96.78% |
| 2025-10-03 | 96.79% |
| 2025-10-02 | 96.78% |
| 2025-10-01 | 96.78% |
| 2025-09-30 | 96.78% |
| 2025-09-29 | 96.78% |
| 2025-09-26 | 96.78% |
| 2025-09-25 | 96.78% |
| 2025-09-24 | 96.78% |
| 2025-09-23 | 96.78% |
| 2025-09-22 | 96.79% |
| 2025-09-19 | 96.79% |
| 2025-09-18 | 96.79% |
| 2025-09-17 | 96.79% |
| 2025-09-16 | 96.79% |
| 2025-09-15 | 96.79% |
| 2025-09-12 | 96.79% |
| 2025-09-11 | 96.79% |
| 2025-09-10 | 96.79% |
| 2025-09-09 | 96.79% |
| 2025-09-08 | 96.79% |
| 2025-09-05 | 96.79% |
| 2025-09-04 | 96.79% |
| 2025-09-03 | 96.80% |
| 2025-09-02 | 96.80% |
| 2025-08-29 | 96.80% |
| 2025-08-28 | 96.80% |
| 2025-08-27 | 96.80% |
| 2025-08-26 | 96.80% |
Showing the most recent 260 of 2,501 data points. The chart above shows the full history.
| $0.14 |
| 31.7% |
| 2019-12-31 | $0.12 | $0.09 | 79.1% |
| 2018-12-31 | $0.09 | $0.12 | 124.4% |
| 2017-12-31 | $0.14 | $0.08 | 60.9% |
| 2016-12-31 | $0.11 | $0.09 | 80.5% |
| 2015-12-31 | $0.16 | $0.09 | 54.9% |
| 2014-12-31 | $0.14 | $0.08 | 58.7% |
| 2013-12-31 | $0.17 | $0.07 | 40.0% |
| 2012-12-31 | $0.08 | $0.08 | 99.6% |
| 2011-12-31 | $0.14 | $0.19 | 139.4% |
| 2010-12-31 | $0.33 | $0.08 | 23.8% |
| 2009-12-31 | $0.05 | $0.00 | 0.0% |
| 2008-12-31 | ($0.26) | $0.12 | N/A (Loss) |
| 2007-12-31 | $0.16 | $0.15 | 91.8% |
| 2006-12-31 | $0.38 | $0.08 | 22.0% |
| 2005-12-31 | $0.08 | $0.02 | 27.6% |
| 2004-12-31 | $0.36 | $0.00 | 0.0% |
