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 68.16% is in line with its 5-year average of 64.99%, around the middle of its 5-year range (47.31%–115.76%).
As of Sunday, July 26, 2026. 6.98% above its 12-month average of 63.71%.
Dividend Payout Ratio (68.16%) = TTM Dividends/Share ($2.80) / TTM EPS ($4.10)
DIVIDEND PAYOUT RATIO
68.16%
DIVIDEND PAYOUT RATIO AVG TTM
63.71%
DIVIDEND PAYOUT RATIO AVG 3Y
61.96%
DIVIDEND PAYOUT RATIO AVG 5Y
57.66%
DIVIDEND PAYOUT RATIO AVG 10Y
59.17%
DIVIDEND PAYOUT RATIO AVG 15Y
62.26%
DIVIDEND PAYOUT RATIO AVG 20Y
66.85%
CURRENT VS TTM AVG
+6.98%
CURRENT VS 3Y AVG
+10.00%
CURRENT VS 5Y AVG
+18.21%
CURRENT VS 10Y AVG
+15.19%
CURRENT VS 15Y AVG
+9.47%
CURRENT VS 20Y AVG
+1.96%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $4.06 | $2.72 | 67.1% |
| 2024 | $4.15 | $2.67 | 64.4% |
| 2023 | $2.76 | $2.62 | 95.0% |
| 2022 | $5.06 | $2.57 | 50.8% |
| 2021 | $5.32 | $2.52 | 47.4% |
| 2020 | $4.30 | $2.47 |
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 | 68.16% |
| 2026-07-23 | 68.18% |
| 2026-07-22 | 68.16% |
| 2026-07-21 | 68.18% |
| 2026-07-20 | 68.17% |
| 2026-07-17 | 68.16% |
| 2026-07-16 | 68.16% |
| 2026-07-15 | 68.19% |
| 2026-07-14 | 68.18% |
| 2026-07-13 | 68.17% |
| 2026-07-10 | 68.15% |
| 2026-07-09 | 67.42% |
| 2026-07-08 | 67.42% |
| 2026-07-07 | 67.45% |
| 2026-07-06 | 67.43% |
| 2026-07-02 | 67.44% |
| 2026-07-01 | 67.43% |
| 2026-06-30 | 67.46% |
| 2026-06-29 | 67.46% |
| 2026-06-26 | 67.43% |
| 2026-06-25 | 67.46% |
| 2026-06-24 | 67.46% |
| 2026-06-23 | 67.45% |
| 2026-06-22 | 67.42% |
| 2026-06-18 | 67.46% |
| 2026-06-17 | 67.44% |
| 2026-06-16 | 67.45% |
| 2026-06-15 | 67.44% |
| 2026-06-12 | 67.42% |
| 2026-06-11 | 67.45% |
| 2026-06-10 | 67.43% |
| 2026-06-09 | 67.46% |
| 2026-06-08 | 67.42% |
| 2026-06-05 | 67.46% |
| 2026-06-04 | 67.41% |
| 2026-06-03 | 67.45% |
| 2026-06-02 | 67.46% |
| 2026-06-01 | 67.43% |
| 2026-05-29 | 67.43% |
| 2026-05-28 | 67.44% |
| 2026-05-27 | 67.46% |
| 2026-05-26 | 67.46% |
| 2026-05-22 | 67.42% |
| 2026-05-21 | 67.42% |
| 2026-05-20 | 67.42% |
| 2026-05-19 | 67.42% |
| 2026-05-18 | 67.41% |
| 2026-05-15 | 67.44% |
| 2026-05-14 | 67.45% |
| 2026-05-13 | 67.41% |
| 2026-05-12 | 67.44% |
| 2026-05-11 | 67.44% |
| 2026-05-08 | 67.46% |
| 2026-05-07 | 67.47% |
| 2026-05-06 | 67.43% |
| 2026-05-05 | 67.46% |
| 2026-05-04 | 67.42% |
| 2026-05-01 | 67.42% |
| 2026-04-30 | 68.28% |
| 2026-04-29 | 68.28% |
| 2026-04-28 | 68.25% |
| 2026-04-27 | 68.29% |
| 2026-04-24 | 68.26% |
| 2026-04-23 | 68.28% |
| 2026-04-22 | 68.25% |
| 2026-04-21 | 68.24% |
| 2026-04-20 | 68.29% |
| 2026-04-17 | 68.25% |
| 2026-04-16 | 68.27% |
| 2026-04-15 | 68.28% |
| 2026-04-14 | 68.27% |
| 2026-04-13 | 68.24% |
| 2026-04-10 | 68.28% |
| 2026-04-09 | 67.54% |
| 2026-04-08 | 67.52% |
| 2026-04-07 | 67.50% |
| 2026-04-06 | 67.55% |
| 2026-04-02 | 67.54% |
| 2026-04-01 | 67.56% |
| 2026-03-31 | 67.56% |
| 2026-03-30 | 67.53% |
| 2026-03-27 | 67.52% |
| 2026-03-26 | 67.54% |
| 2026-03-25 | 67.55% |
| 2026-03-24 | 67.53% |
| 2026-03-23 | 67.54% |
| 2026-03-20 | 67.53% |
| 2026-03-19 | 67.55% |
| 2026-03-18 | 67.51% |
| 2026-03-17 | 67.51% |
| 2026-03-16 | 67.56% |
| 2026-03-13 | 67.55% |
| 2026-03-12 | 67.52% |
| 2026-03-11 | 67.51% |
| 2026-03-10 | 67.53% |
| 2026-03-09 | 67.55% |
| 2026-03-06 | 67.52% |
| 2026-03-05 | 67.55% |
| 2026-03-04 | 67.52% |
| 2026-03-03 | 67.53% |
| 2026-03-02 | 67.53% |
| 2026-02-27 | 67.53% |
| 2026-02-26 | 67.52% |
| 2026-02-25 | 67.56% |
| 2026-02-24 | 67.52% |
| 2026-02-23 | 67.55% |
| 2026-02-20 | 67.53% |
| 2026-02-19 | 67.53% |
| 2026-02-18 | 67.51% |
| 2026-02-17 | 67.52% |
| 2026-02-13 | 58.43% |
| 2026-02-12 | 58.45% |
| 2026-02-11 | 58.42% |
| 2026-02-10 | 58.46% |
| 2026-02-09 | 58.46% |
| 2026-02-06 | 58.47% |
| 2026-02-05 | 58.42% |
| 2026-02-04 | 58.41% |
| 2026-02-03 | 58.43% |
| 2026-02-02 | 58.43% |
| 2026-01-30 | 58.42% |
| 2026-01-29 | 58.46% |
| 2026-01-28 | 58.43% |
| 2026-01-27 | 58.43% |
| 2026-01-26 | 58.47% |
| 2026-01-23 | 58.41% |
| 2026-01-22 | 58.47% |
| 2026-01-21 | 58.41% |
| 2026-01-20 | 58.44% |
| 2026-01-16 | 58.41% |
| 2026-01-15 | 58.44% |
| 2026-01-14 | 58.44% |
| 2026-01-13 | 58.47% |
| 2026-01-12 | 58.42% |
| 2026-01-09 | 58.20% |
| 2026-01-08 | 58.18% |
| 2026-01-07 | 58.14% |
| 2026-01-06 | 58.17% |
| 2026-01-05 | 58.20% |
| 2026-01-02 | 58.19% |
| 2025-12-31 | 58.15% |
| 2025-12-30 | 58.20% |
| 2025-12-29 | 58.18% |
| 2025-12-26 | 58.18% |
| 2025-12-24 | 58.20% |
| 2025-12-23 | 58.17% |
| 2025-12-22 | 58.15% |
| 2025-12-19 | 58.18% |
| 2025-12-18 | 58.14% |
| 2025-12-17 | 58.21% |
| 2025-12-16 | 58.19% |
| 2025-12-15 | 58.19% |
| 2025-12-12 | 58.19% |
| 2025-12-11 | 58.15% |
| 2025-12-10 | 58.17% |
| 2025-12-09 | 58.19% |
| 2025-12-08 | 58.14% |
| 2025-12-05 | 58.19% |
| 2025-12-04 | 58.20% |
| 2025-12-03 | 58.17% |
| 2025-12-02 | 58.19% |
| 2025-12-01 | 58.21% |
| 2025-11-28 | 58.15% |
| 2025-11-26 | 58.21% |
| 2025-11-25 | 58.15% |
| 2025-11-24 | 58.16% |
| 2025-11-21 | 58.17% |
| 2025-11-20 | 58.18% |
| 2025-11-19 | 58.16% |
| 2025-11-18 | 58.15% |
| 2025-11-17 | 58.15% |
| 2025-11-14 | 58.15% |
| 2025-11-13 | 58.15% |
| 2025-11-12 | 58.19% |
| 2025-11-11 | 58.20% |
| 2025-11-10 | 58.14% |
| 2025-11-07 | 58.15% |
| 2025-11-06 | 58.18% |
| 2025-11-05 | 58.17% |
| 2025-11-04 | 58.16% |
| 2025-11-03 | 58.15% |
| 2025-10-31 | 58.16% |
| 2025-10-30 | 58.14% |
| 2025-10-29 | 58.16% |
| 2025-10-28 | 63.49% |
| 2025-10-27 | 63.43% |
| 2025-10-24 | 63.47% |
| 2025-10-23 | 63.45% |
| 2025-10-22 | 63.48% |
| 2025-10-21 | 63.43% |
| 2025-10-20 | 63.46% |
| 2025-10-17 | 63.45% |
| 2025-10-16 | 63.48% |
| 2025-10-15 | 63.44% |
| 2025-10-14 | 63.45% |
| 2025-10-13 | 63.49% |
| 2025-10-10 | 63.47% |
| 2025-10-09 | 63.19% |
| 2025-10-08 | 63.16% |
| 2025-10-07 | 63.17% |
| 2025-10-06 | 63.17% |
| 2025-10-03 | 63.17% |
| 2025-10-02 | 63.19% |
| 2025-10-01 | 63.19% |
| 2025-09-30 | 63.14% |
| 2025-09-29 | 63.16% |
| 2025-09-26 | 63.20% |
| 2025-09-25 | 63.14% |
| 2025-09-24 | 63.20% |
| 2025-09-23 | 63.14% |
| 2025-09-22 | 63.17% |
| 2025-09-19 | 63.20% |
| 2025-09-18 | 63.17% |
| 2025-09-17 | 63.20% |
| 2025-09-16 | 63.20% |
| 2025-09-15 | 63.19% |
| 2025-09-12 | 63.17% |
| 2025-09-11 | 63.18% |
| 2025-09-10 | 63.19% |
| 2025-09-09 | 63.19% |
| 2025-09-08 | 63.18% |
| 2025-09-05 | 63.14% |
| 2025-09-04 | 63.18% |
| 2025-09-03 | 63.20% |
| 2025-09-02 | 63.17% |
| 2025-08-29 | 63.17% |
| 2025-08-28 | 63.17% |
| 2025-08-27 | 63.17% |
| 2025-08-26 | 63.19% |
| 2025-08-25 | 63.17% |
| 2025-08-22 | 63.18% |
| 2025-08-21 | 63.19% |
| 2025-08-20 | 63.15% |
| 2025-08-19 | 63.20% |
| 2025-08-18 | 63.19% |
| 2025-08-15 | 63.16% |
| 2025-08-14 | 63.17% |
| 2025-08-13 | 63.18% |
| 2025-08-12 | 63.16% |
| 2025-08-11 | 63.20% |
| 2025-08-08 | 63.18% |
| 2025-08-07 | 63.16% |
| 2025-08-06 | 63.16% |
| 2025-08-05 | 63.19% |
| 2025-08-04 | 63.16% |
| 2025-08-01 | 63.20% |
| 2025-07-31 | 63.19% |
| 2025-07-30 | 63.17% |
| 2025-07-29 | 63.20% |
| 2025-07-28 | 63.14% |
| 2025-07-25 | 63.16% |
| 2025-07-24 | 64.54% |
| 2025-07-23 | 64.52% |
| 2025-07-22 | 64.53% |
| 2025-07-21 | 64.55% |
| 2025-07-18 | 64.50% |
| 2025-07-17 | 64.52% |
| 2025-07-16 | 64.51% |
| 2025-07-15 | 64.50% |
| 2025-07-14 | 64.52% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| 57.5% |
| 2019 | $4.66 | $2.42 | 52.0% |
| 2018 | $3.76 | $2.37 | 63.1% |
| 2017 | $7.37 | $2.32 | 31.5% |
| 2016 | $3.22 | $2.27 | 70.6% |
| 2015 | $4.38 | $2.21 | 50.6% |
| 2014 | $2.42 | $2.14 | 88.4% |
| 2013 | $4.01 | $2.08 | 51.7% |
| 2012 | $0.31 | $2.02 | 650.0% |
| 2011 | $0.85 | $1.96 | 230.9% |
| 2010 | $0.90 | $1.85 | 205.9% |
| 2009 | $1.29 | $1.74 | 134.9% |
| 2008 | $2.26 | $1.64 | 72.5% |
| 2007 | $1.91 | $1.54 | 80.4% |
| 2006 | $2.13 | $1.46 | 68.4% |
| 2005 | $2.67 | $1.44 | 53.9% |
| 2004 | $2.83 | $1.38 | 48.9% |
| 2003 | $1.12 | $1.38 | 123.7% |
| 2002 | $1.49 | $1.38 | 93.0% |
| 2001 | $0.14 | $1.38 | 989.3% |
| 2000 | $4.34 | $1.08 | 24.9% |
| 1999 | $1.53 | $1.39 | 90.6% |
| 1998 | $1.89 | $1.38 | 73.3% |
| 1997 | $1.58 | $1.37 | 86.9% |
| 1996 | $1.86 | $1.29 | 69.1% |
