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 33.84% is 47% below its 4-year average of 64.18%, near the low end of its 4-year range (8.44%–229.48%).
As of Saturday, July 25, 2026. 65.00% below its 12-month average of 96.69%.
Dividend Payout Ratio (33.84%) = TTM Dividends/Share ($4.66) / TTM EPS ($13.77)
DIVIDEND PAYOUT RATIO
33.84%
DIVIDEND PAYOUT RATIO AVG TTM
96.69%
DIVIDEND PAYOUT RATIO AVG 3Y
70.64%
DIVIDEND PAYOUT RATIO AVG 5Y
63.94%
DIVIDEND PAYOUT RATIO AVG 10Y
43.34%
DIVIDEND PAYOUT RATIO AVG 15Y
33.70%
DIVIDEND PAYOUT RATIO AVG 20Y
28.89%
CURRENT VS TTM AVG
-65.00%
CURRENT VS 3Y AVG
-52.09%
CURRENT VS 5Y AVG
-47.07%
CURRENT VS 10Y AVG
-21.90%
CURRENT VS 15Y AVG
+0.43%
CURRENT VS 20Y AVG
+17.17%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $7.57 | $4.52 | 59.7% |
| 2024 | $8.58 | $4.28 | 49.9% |
| 2023 | $24.95 | $4.08 | 16.4% |
| 2022 | $29.08 | $3.92 | 13.5% |
| 2021 | $2.27 | $3.92 | 172.7% |
| 2020 | ($3.50) | $3.92 |
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 | 33.84% |
| 2026-07-23 | 33.84% |
| 2026-07-22 | 33.84% |
| 2026-07-21 | 33.84% |
| 2026-07-20 | 33.84% |
| 2026-07-17 | 33.85% |
| 2026-07-16 | 33.85% |
| 2026-07-15 | 33.84% |
| 2026-07-14 | 33.84% |
| 2026-07-13 | 33.84% |
| 2026-07-10 | 33.83% |
| 2026-07-09 | 33.83% |
| 2026-07-08 | 33.84% |
| 2026-07-07 | 33.84% |
| 2026-07-06 | 33.84% |
| 2026-07-02 | 33.85% |
| 2026-07-01 | 33.85% |
| 2026-06-30 | 33.84% |
| 2026-06-29 | 33.84% |
| 2026-06-26 | 33.85% |
| 2026-06-25 | 33.84% |
| 2026-06-24 | 33.85% |
| 2026-06-23 | 33.85% |
| 2026-06-22 | 33.83% |
| 2026-06-18 | 33.84% |
| 2026-06-17 | 33.84% |
| 2026-06-16 | 33.84% |
| 2026-06-15 | 33.84% |
| 2026-06-12 | 33.85% |
| 2026-06-11 | 33.84% |
| 2026-06-10 | 33.85% |
| 2026-06-09 | 33.84% |
| 2026-06-08 | 33.83% |
| 2026-06-05 | 33.85% |
| 2026-06-04 | 33.85% |
| 2026-06-03 | 33.85% |
| 2026-06-02 | 33.85% |
| 2026-06-01 | 33.84% |
| 2026-05-29 | 33.84% |
| 2026-05-28 | 33.84% |
| 2026-05-27 | 33.83% |
| 2026-05-26 | 33.83% |
| 2026-05-22 | 33.83% |
| 2026-05-21 | 33.84% |
| 2026-05-20 | 25.13% |
| 2026-05-19 | 33.33% |
| 2026-05-18 | 33.33% |
| 2026-05-15 | 33.33% |
| 2026-05-14 | 33.34% |
| 2026-05-13 | 33.34% |
| 2026-05-12 | 33.34% |
| 2026-05-11 | 33.33% |
| 2026-05-08 | 33.34% |
| 2026-05-07 | 33.33% |
| 2026-05-06 | 33.34% |
| 2026-05-05 | 33.34% |
| 2026-05-04 | 33.33% |
| 2026-05-01 | 33.34% |
| 2026-04-30 | 33.33% |
| 2026-04-29 | 60.00% |
| 2026-04-28 | 60.00% |
| 2026-04-27 | 59.99% |
| 2026-04-24 | 60.00% |
| 2026-04-23 | 60.01% |
| 2026-04-22 | 60.01% |
| 2026-04-21 | 60.00% |
| 2026-04-20 | 60.00% |
| 2026-04-17 | 60.01% |
| 2026-04-16 | 60.00% |
| 2026-04-15 | 60.00% |
| 2026-04-14 | 59.99% |
| 2026-04-13 | 59.99% |
| 2026-04-10 | 60.00% |
| 2026-04-09 | 60.00% |
| 2026-04-08 | 60.01% |
| 2026-04-07 | 59.99% |
| 2026-04-06 | 60.00% |
| 2026-04-02 | 60.01% |
| 2026-04-01 | 59.99% |
| 2026-03-31 | 60.00% |
| 2026-03-30 | 60.01% |
| 2026-03-27 | 59.99% |
| 2026-03-26 | 60.01% |
| 2026-03-25 | 60.00% |
| 2026-03-24 | 60.00% |
| 2026-03-23 | 60.00% |
| 2026-03-20 | 59.99% |
| 2026-03-19 | 59.99% |
| 2026-03-18 | 60.00% |
| 2026-03-17 | 59.99% |
| 2026-03-16 | 60.00% |
| 2026-03-13 | 60.00% |
| 2026-03-12 | 59.99% |
| 2026-03-11 | 59.99% |
| 2026-03-10 | 60.00% |
| 2026-03-09 | 60.00% |
| 2026-03-06 | 59.99% |
| 2026-03-05 | 60.00% |
| 2026-03-04 | 60.00% |
| 2026-03-03 | 60.00% |
| 2026-03-02 | 59.99% |
| 2026-02-27 | 60.00% |
| 2026-02-26 | 60.00% |
| 2026-02-25 | 60.01% |
| 2026-02-24 | 95.63% |
| 2026-02-23 | 95.62% |
| 2026-02-20 | 95.64% |
| 2026-02-19 | 95.63% |
| 2026-02-18 | 95.62% |
| 2026-02-17 | 95.62% |
| 2026-02-13 | 95.62% |
| 2026-02-12 | 95.62% |
| 2026-02-11 | 95.62% |
| 2026-02-10 | 95.62% |
| 2026-02-09 | 95.62% |
| 2026-02-06 | 95.64% |
| 2026-02-05 | 95.63% |
| 2026-02-04 | 70.63% |
| 2026-02-03 | 70.63% |
| 2026-02-02 | 70.63% |
| 2026-01-30 | 70.63% |
| 2026-01-29 | 94.17% |
| 2026-01-28 | 94.17% |
| 2026-01-27 | 94.18% |
| 2026-01-26 | 94.16% |
| 2026-01-23 | 94.17% |
| 2026-01-22 | 94.18% |
| 2026-01-21 | 94.18% |
| 2026-01-20 | 94.18% |
| 2026-01-16 | 94.16% |
| 2026-01-15 | 94.16% |
| 2026-01-14 | 94.18% |
| 2026-01-13 | 94.16% |
| 2026-01-12 | 94.16% |
| 2026-01-09 | 94.17% |
| 2026-01-08 | 94.17% |
| 2026-01-07 | 94.16% |
| 2026-01-06 | 94.17% |
| 2026-01-05 | 94.17% |
| 2026-01-02 | 94.17% |
| 2025-12-31 | 94.15% |
| 2025-12-30 | 94.18% |
| 2025-12-29 | 94.16% |
| 2025-12-26 | 94.17% |
| 2025-12-24 | 94.15% |
| 2025-12-23 | 94.17% |
| 2025-12-22 | 94.16% |
| 2025-12-19 | 94.17% |
| 2025-12-18 | 94.17% |
| 2025-12-17 | 94.17% |
| 2025-12-16 | 94.16% |
| 2025-12-15 | 94.17% |
| 2025-12-12 | 94.16% |
| 2025-12-11 | 94.15% |
| 2025-12-10 | 94.18% |
| 2025-12-09 | 94.18% |
| 2025-12-08 | 94.17% |
| 2025-12-05 | 94.17% |
| 2025-12-04 | 94.17% |
| 2025-12-03 | 94.18% |
| 2025-12-02 | 94.16% |
| 2025-12-01 | 94.16% |
| 2025-11-28 | 94.18% |
| 2025-11-26 | 94.17% |
| 2025-11-25 | 94.16% |
| 2025-11-24 | 94.17% |
| 2025-11-21 | 94.18% |
| 2025-11-20 | 94.17% |
| 2025-11-19 | 92.92% |
| 2025-11-18 | 92.91% |
| 2025-11-17 | 92.92% |
| 2025-11-14 | 92.92% |
| 2025-11-13 | 92.91% |
| 2025-11-12 | 92.92% |
| 2025-11-11 | 92.92% |
| 2025-11-10 | 92.92% |
| 2025-11-07 | 92.92% |
| 2025-11-06 | 92.92% |
| 2025-11-05 | 92.93% |
| 2025-11-04 | 92.91% |
| 2025-11-03 | 92.92% |
| 2025-10-31 | 92.93% |
| 2025-10-30 | 92.92% |
| 2025-10-29 | 92.91% |
| 2025-10-28 | 92.92% |
| 2025-10-27 | 92.91% |
| 2025-10-24 | 92.93% |
| 2025-10-23 | 92.92% |
| 2025-10-22 | 185.07% |
| 2025-10-21 | 185.06% |
| 2025-10-20 | 185.06% |
| 2025-10-17 | 185.05% |
| 2025-10-16 | 185.06% |
| 2025-10-15 | 185.07% |
| 2025-10-14 | 185.07% |
| 2025-10-13 | 185.08% |
| 2025-10-10 | 185.07% |
| 2025-10-09 | 185.05% |
| 2025-10-08 | 185.06% |
| 2025-10-07 | 185.07% |
| 2025-10-06 | 185.06% |
| 2025-10-03 | 185.07% |
| 2025-10-02 | 185.06% |
| 2025-10-01 | 185.06% |
| 2025-09-30 | 185.07% |
| 2025-09-29 | 185.07% |
| 2025-09-26 | 185.07% |
| 2025-09-25 | 185.05% |
| 2025-09-24 | 185.05% |
| 2025-09-23 | 185.06% |
| 2025-09-22 | 185.06% |
| 2025-09-19 | 185.07% |
| 2025-09-18 | 185.07% |
| 2025-09-17 | 185.05% |
| 2025-09-16 | 185.07% |
| 2025-09-15 | 185.06% |
| 2025-09-12 | 185.06% |
| 2025-09-11 | 185.06% |
| 2025-09-10 | 185.07% |
| 2025-09-09 | 185.06% |
| 2025-09-08 | 185.05% |
| 2025-09-05 | 185.06% |
| 2025-09-04 | 185.07% |
| 2025-09-03 | 185.05% |
| 2025-09-02 | 185.07% |
| 2025-08-29 | 185.05% |
| 2025-08-28 | 185.06% |
| 2025-08-27 | 185.06% |
| 2025-08-26 | 185.08% |
| 2025-08-25 | 185.06% |
| 2025-08-22 | 185.06% |
| 2025-08-21 | 185.06% |
| 2025-08-20 | 185.05% |
| 2025-08-19 | 185.05% |
| 2025-08-18 | 185.07% |
| 2025-08-15 | 185.05% |
| 2025-08-14 | 185.07% |
| 2025-08-13 | 185.05% |
| 2025-08-12 | 185.05% |
| 2025-08-11 | 185.07% |
| 2025-08-08 | 185.07% |
| 2025-08-07 | 185.07% |
| 2025-08-06 | 185.07% |
| 2025-08-05 | 185.08% |
| 2025-08-04 | 185.05% |
| 2025-08-01 | 185.06% |
| 2025-07-31 | 229.48% |
| 2025-07-30 | 182.57% |
| 2025-07-29 | 182.56% |
| 2025-07-28 | 182.57% |
| 2025-07-25 | 182.58% |
| 2025-07-24 | 182.57% |
| 2025-07-23 | 154.93% |
| 2025-07-22 | 154.94% |
| 2025-07-21 | 154.94% |
| 2025-07-18 | 154.93% |
| 2025-07-17 | 154.93% |
| 2025-07-16 | 154.93% |
| 2025-07-15 | 154.92% |
| 2025-07-14 | 154.93% |
Showing the most recent 260 of 2,236 data points. The chart above shows the full history.
| N/A (Loss) |
| 2019 | $5.85 | $3.60 | 61.5% |
| 2018 | $7.33 | $3.20 | 43.7% |
| 2017 | $9.17 | $2.80 | 30.5% |
| 2016 | $4.94 | $2.40 | 48.6% |
| 2015 | $8.00 | $1.70 | 21.3% |
| 2014 | $6.88 | $1.05 | 15.3% |
| 2013 | $4.99 | $0.83 | 16.7% |
| 2012 | $3.77 | $0.59 | 15.8% |
| 2011 | $3.69 | $0.27 | 7.4% |
| 2010 | $0.57 | $0.18 | 32.1% |
| 2009 | ($3.66) | $0.55 | N/A (Loss) |
| 2008 | ($2.16) | $0.52 | N/A (Loss) |
| 2007 | $9.27 | $0.44 | 4.7% |
| 2006 | $8.94 | $0.27 | 3.1% |
| 2005 | $6.51 | $0.17 | 2.7% |
| 2004 | $3.51 | $0.13 | 3.8% |
| 2003 | $1.34 | $0.10 | 7.2% |
| 2002 | $0.21 | $0.09 | 43.5% |
| 2001 | $2.32 | $0.08 | 3.3% |
| 2000 | $1.45 | $0.07 | 5.0% |
| 1999 | $0.06 | $0.07 | 117.0% |
| 1998 | ($0.21) | $0.07 | N/A (Loss) |
| 1997 | $0.44 | $0.10 | 21.8% |
| 1996 | $0.35 | $0.12 | 34.0% |
