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 11.06% is 30% below its 5-year average of 15.75%, near the low end of its 5-year range (9.98%–25.21%).
As of Sunday, July 26, 2026. 25.18% below its 12-month average of 14.78%.
Dividend Payout Ratio (11.06%) = TTM Dividends/Share ($1.12) / TTM EPS ($10.13)
DIVIDEND PAYOUT RATIO
11.06%
DIVIDEND PAYOUT RATIO AVG TTM
14.78%
DIVIDEND PAYOUT RATIO AVG 3Y
14.74%
DIVIDEND PAYOUT RATIO AVG 5Y
15.72%
DIVIDEND PAYOUT RATIO AVG 10Y
15.99%
DIVIDEND PAYOUT RATIO AVG 15Y
12.76%
DIVIDEND PAYOUT RATIO AVG 20Y
10.47%
CURRENT VS TTM AVG
-25.18%
CURRENT VS 3Y AVG
-24.97%
CURRENT VS 5Y AVG
-29.67%
CURRENT VS 10Y AVG
-30.85%
CURRENT VS 15Y AVG
-13.33%
CURRENT VS 20Y AVG
+5.61%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $6.86 | $1.00 | 14.6% |
| 2024 | $6.05 | $0.80 | 13.2% |
| 2023 | $4.56 | $0.68 | 14.9% |
| 2022 | $3.47 | $0.60 | 17.3% |
| 2021 | $2.96 | $0.48 | 16.2% |
| 2020 | $2.18 | $0.48 |
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 | 11.06% |
| 2026-07-23 | 11.06% |
| 2026-07-22 | 11.06% |
| 2026-07-21 | 15.84% |
| 2026-07-20 | 15.84% |
| 2026-07-17 | 15.84% |
| 2026-07-16 | 15.84% |
| 2026-07-15 | 15.84% |
| 2026-07-14 | 15.84% |
| 2026-07-13 | 15.84% |
| 2026-07-10 | 15.84% |
| 2026-07-09 | 15.84% |
| 2026-07-08 | 15.84% |
| 2026-07-07 | 15.84% |
| 2026-07-06 | 15.84% |
| 2026-07-02 | 15.84% |
| 2026-07-01 | 15.84% |
| 2026-06-30 | 15.84% |
| 2026-06-29 | 15.84% |
| 2026-06-26 | 15.84% |
| 2026-06-25 | 15.84% |
| 2026-06-24 | 15.84% |
| 2026-06-23 | 15.84% |
| 2026-06-22 | 15.84% |
| 2026-06-18 | 15.84% |
| 2026-06-17 | 15.84% |
| 2026-06-16 | 15.84% |
| 2026-06-15 | 15.84% |
| 2026-06-12 | 15.84% |
| 2026-06-11 | 15.84% |
| 2026-06-10 | 15.84% |
| 2026-06-09 | 15.84% |
| 2026-06-08 | 15.84% |
| 2026-06-05 | 15.84% |
| 2026-06-04 | 15.84% |
| 2026-06-03 | 15.84% |
| 2026-06-02 | 15.84% |
| 2026-06-01 | 15.84% |
| 2026-05-29 | 15.84% |
| 2026-05-28 | 15.84% |
| 2026-05-27 | 15.84% |
| 2026-05-26 | 19.38% |
| 2026-05-22 | 19.38% |
| 2026-05-21 | 14.99% |
| 2026-05-20 | 14.99% |
| 2026-05-19 | 14.99% |
| 2026-05-18 | 14.99% |
| 2026-05-15 | 14.99% |
| 2026-05-14 | 14.99% |
| 2026-05-13 | 14.99% |
| 2026-05-12 | 14.99% |
| 2026-05-11 | 14.99% |
| 2026-05-08 | 14.99% |
| 2026-05-07 | 14.99% |
| 2026-05-06 | 14.99% |
| 2026-05-05 | 14.99% |
| 2026-05-04 | 14.99% |
| 2026-05-01 | 14.99% |
| 2026-04-30 | 14.99% |
| 2026-04-29 | 14.99% |
| 2026-04-28 | 14.99% |
| 2026-04-27 | 14.99% |
| 2026-04-24 | 14.99% |
| 2026-04-23 | 14.99% |
| 2026-04-22 | 14.99% |
| 2026-04-21 | 15.52% |
| 2026-04-20 | 15.52% |
| 2026-04-17 | 15.52% |
| 2026-04-16 | 15.52% |
| 2026-04-15 | 15.52% |
| 2026-04-14 | 15.52% |
| 2026-04-13 | 15.52% |
| 2026-04-10 | 15.52% |
| 2026-04-09 | 15.52% |
| 2026-04-08 | 15.52% |
| 2026-04-07 | 15.52% |
| 2026-04-06 | 15.52% |
| 2026-04-02 | 15.52% |
| 2026-04-01 | 15.52% |
| 2026-03-31 | 15.52% |
| 2026-03-30 | 15.52% |
| 2026-03-27 | 15.52% |
| 2026-03-26 | 15.52% |
| 2026-03-25 | 15.52% |
| 2026-03-24 | 15.52% |
| 2026-03-23 | 15.52% |
| 2026-03-20 | 15.52% |
| 2026-03-19 | 15.52% |
| 2026-03-18 | 15.52% |
| 2026-03-17 | 15.52% |
| 2026-03-16 | 15.52% |
| 2026-03-13 | 15.52% |
| 2026-03-12 | 15.52% |
| 2026-03-11 | 15.52% |
| 2026-03-10 | 15.52% |
| 2026-03-09 | 15.52% |
| 2026-03-06 | 15.52% |
| 2026-03-05 | 15.52% |
| 2026-03-04 | 15.52% |
| 2026-03-03 | 15.52% |
| 2026-03-02 | 15.52% |
| 2026-02-27 | 15.52% |
| 2026-02-26 | 15.52% |
| 2026-02-25 | 15.52% |
| 2026-02-24 | 15.52% |
| 2026-02-23 | 15.52% |
| 2026-02-20 | 19.18% |
| 2026-02-19 | 19.18% |
| 2026-02-18 | 19.18% |
| 2026-02-17 | 19.18% |
| 2026-02-13 | 14.64% |
| 2026-02-12 | 14.54% |
| 2026-02-11 | 14.54% |
| 2026-02-10 | 14.53% |
| 2026-02-09 | 14.53% |
| 2026-02-06 | 14.53% |
| 2026-02-05 | 14.53% |
| 2026-02-04 | 14.54% |
| 2026-02-03 | 14.53% |
| 2026-02-02 | 14.54% |
| 2026-01-30 | 14.53% |
| 2026-01-29 | 14.53% |
| 2026-01-28 | 14.54% |
| 2026-01-27 | 14.53% |
| 2026-01-26 | 14.54% |
| 2026-01-23 | 14.54% |
| 2026-01-22 | 14.54% |
| 2026-01-21 | 14.54% |
| 2026-01-20 | 14.54% |
| 2026-01-16 | 14.53% |
| 2026-01-15 | 14.54% |
| 2026-01-14 | 14.53% |
| 2026-01-13 | 14.53% |
| 2026-01-12 | 14.54% |
| 2026-01-09 | 14.54% |
| 2026-01-08 | 14.53% |
| 2026-01-07 | 14.54% |
| 2026-01-06 | 14.53% |
| 2026-01-05 | 14.53% |
| 2026-01-02 | 14.54% |
| 2025-12-31 | 14.53% |
| 2025-12-30 | 14.54% |
| 2025-12-29 | 14.53% |
| 2025-12-26 | 14.54% |
| 2025-12-24 | 14.53% |
| 2025-12-23 | 14.53% |
| 2025-12-22 | 14.54% |
| 2025-12-19 | 14.54% |
| 2025-12-18 | 14.54% |
| 2025-12-17 | 14.54% |
| 2025-12-16 | 14.54% |
| 2025-12-15 | 14.54% |
| 2025-12-12 | 14.53% |
| 2025-12-11 | 14.53% |
| 2025-12-10 | 14.53% |
| 2025-12-09 | 14.54% |
| 2025-12-08 | 14.53% |
| 2025-12-05 | 14.53% |
| 2025-12-04 | 14.53% |
| 2025-12-03 | 14.53% |
| 2025-12-02 | 14.54% |
| 2025-12-01 | 14.54% |
| 2025-11-28 | 14.53% |
| 2025-11-26 | 14.54% |
| 2025-11-25 | 14.53% |
| 2025-11-24 | 14.53% |
| 2025-11-21 | 14.53% |
| 2025-11-20 | 14.54% |
| 2025-11-19 | 14.54% |
| 2025-11-18 | 14.53% |
| 2025-11-17 | 14.54% |
| 2025-11-14 | 14.54% |
| 2025-11-13 | 14.53% |
| 2025-11-12 | 17.44% |
| 2025-11-11 | 13.81% |
| 2025-11-10 | 13.81% |
| 2025-11-07 | 13.81% |
| 2025-11-06 | 13.81% |
| 2025-11-05 | 13.81% |
| 2025-11-04 | 13.81% |
| 2025-11-03 | 13.81% |
| 2025-10-31 | 13.81% |
| 2025-10-30 | 13.81% |
| 2025-10-29 | 13.81% |
| 2025-10-28 | 13.81% |
| 2025-10-27 | 13.81% |
| 2025-10-24 | 13.81% |
| 2025-10-23 | 13.81% |
| 2025-10-22 | 13.81% |
| 2025-10-21 | 14.18% |
| 2025-10-20 | 14.18% |
| 2025-10-17 | 14.18% |
| 2025-10-16 | 14.18% |
| 2025-10-15 | 14.18% |
| 2025-10-14 | 14.18% |
| 2025-10-13 | 14.18% |
| 2025-10-10 | 14.18% |
| 2025-10-09 | 14.18% |
| 2025-10-08 | 14.18% |
| 2025-10-07 | 14.18% |
| 2025-10-06 | 14.18% |
| 2025-10-03 | 14.18% |
| 2025-10-02 | 14.18% |
| 2025-10-01 | 14.18% |
| 2025-09-30 | 14.18% |
| 2025-09-29 | 14.18% |
| 2025-09-26 | 14.18% |
| 2025-09-25 | 14.18% |
| 2025-09-24 | 14.18% |
| 2025-09-23 | 14.18% |
| 2025-09-22 | 14.18% |
| 2025-09-19 | 14.18% |
| 2025-09-18 | 14.18% |
| 2025-09-17 | 14.18% |
| 2025-09-16 | 14.18% |
| 2025-09-15 | 14.18% |
| 2025-09-12 | 14.18% |
| 2025-09-11 | 14.18% |
| 2025-09-10 | 14.18% |
| 2025-09-09 | 14.18% |
| 2025-09-08 | 14.18% |
| 2025-09-05 | 14.18% |
| 2025-09-04 | 14.18% |
| 2025-09-03 | 14.18% |
| 2025-09-02 | 14.18% |
| 2025-08-29 | 14.18% |
| 2025-08-28 | 14.18% |
| 2025-08-27 | 14.18% |
| 2025-08-26 | 14.18% |
| 2025-08-25 | 14.18% |
| 2025-08-22 | 14.18% |
| 2025-08-21 | 14.18% |
| 2025-08-20 | 14.18% |
| 2025-08-19 | 14.18% |
| 2025-08-18 | 14.18% |
| 2025-08-15 | 14.18% |
| 2025-08-14 | 14.18% |
| 2025-08-13 | 13.43% |
| 2025-08-12 | 13.43% |
| 2025-08-11 | 13.43% |
| 2025-08-08 | 13.43% |
| 2025-08-07 | 13.43% |
| 2025-08-06 | 13.43% |
| 2025-08-05 | 13.43% |
| 2025-08-04 | 13.43% |
| 2025-08-01 | 13.43% |
| 2025-07-31 | 13.43% |
| 2025-07-30 | 13.43% |
| 2025-07-29 | 13.43% |
| 2025-07-28 | 13.43% |
| 2025-07-25 | 13.43% |
| 2025-07-24 | 13.43% |
| 2025-07-23 | 14.11% |
| 2025-07-22 | 14.11% |
| 2025-07-21 | 14.11% |
| 2025-07-18 | 14.10% |
| 2025-07-17 | 14.11% |
| 2025-07-16 | 14.11% |
| 2025-07-15 | 14.11% |
| 2025-07-14 | 14.11% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| 22.0% |
| 2019 | $1.91 | $0.48 | 25.1% |
| 2018 | $3.07 | $0.48 | 15.6% |
| 2017 | $2.74 | $0.44 | 16.1% |
| 2016 | $3.37 | $0.36 | 10.7% |
| 2015 | $4.14 | $0.28 | 6.8% |
| 2014 | $3.66 | $0.20 | 5.5% |
| 2013 | $3.05 | $0.13 | 4.3% |
| 2012 | $2.62 | $0.08 | 3.1% |
| 2011 | $1.77 | $0.04 | 2.3% |
| 2010 | $1.29 | $0.02 | 1.6% |
| 2009 | $1.21 | $0.02 | 1.7% |
| 2008 | $1.35 | $0.02 | 1.5% |
| 2007 | $1.13 | $0.02 | 1.8% |
| 2006 | $0.88 | $0.02 | 2.3% |
| 2005 | $0.60 | $0.02 | 3.3% |
| 2004 | $0.36 | $0.02 | 5.6% |
| 2003 | $0.26 | $0.02 | 7.7% |
| 2002 | ($0.52) | $0.02 | N/A (Loss) |
| 2001 | $0.72 | $0.02 | 2.8% |
| 2000 | $0.30 | $0.02 | 6.7% |
| 1999 | $0.42 | $0.02 | 4.8% |
| 1998 | $1.09 | $0.02 | 1.8% |
| 1997 | $0.72 | $0.02 | 2.8% |
| 1996 | $0.57 | $0.02 | 3.5% |
