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 26.69% is in line with its 5-year average of 28.28%, around the middle of its 5-year range (11.79%–36.64%).
As of Friday, September 4, 2026. 4.12% below its 12-month average of 27.84%.
Dividend Payout Ratio (26.69%) = TTM Dividends/Share ($1.85) / TTM EPS ($6.93)
DIVIDEND PAYOUT RATIO
26.69%
DIVIDEND PAYOUT RATIO AVG TTM
27.84%
DIVIDEND PAYOUT RATIO AVG 3Y
28.18%
DIVIDEND PAYOUT RATIO AVG 5Y
28.28%
DIVIDEND PAYOUT RATIO AVG 10Y
31.16%
DIVIDEND PAYOUT RATIO AVG 15Y
30.70%
DIVIDEND PAYOUT RATIO AVG 20Y
31.08%
CURRENT VS TTM AVG
-4.12%
CURRENT VS 3Y AVG
-5.27%
CURRENT VS 5Y AVG
-5.61%
CURRENT VS 10Y AVG
-14.35%
CURRENT VS 15Y AVG
-13.07%
CURRENT VS 20Y AVG
-14.12%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $6.39 | $1.70 | 26.6% |
| 2024-12-31 | $5.43 | $1.50 | 27.6% |
| 2023-12-31 | $4.88 | $1.30 | 26.6% |
| 2022-12-31 | $3.17 | $1.10 | 34.7% |
| 2021-12-31 | $4.99 | $0.60 | 12.0% |
| 2020-12-31 | $0.42 |
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 |
|---|---|
| 2026-09-04 | 26.69% |
| 2026-09-03 | 26.70% |
| 2026-09-02 | 26.69% |
| 2026-09-01 | 26.70% |
| 2026-08-31 | 26.70% |
| 2026-08-28 | 26.70% |
| 2026-08-27 | 26.69% |
| 2026-08-26 | 26.70% |
| 2026-08-25 | 26.71% |
| 2026-08-24 | 26.71% |
| 2026-08-21 | 26.70% |
| 2026-08-20 | 26.70% |
| 2026-08-19 | 26.69% |
| 2026-08-18 | 26.69% |
| 2026-08-17 | 26.69% |
| 2026-08-14 | 26.70% |
| 2026-08-13 | 26.69% |
| 2026-08-12 | 26.69% |
| 2026-08-11 | 26.70% |
| 2026-08-10 | 26.70% |
| 2026-08-07 | 33.19% |
| 2026-08-06 | 25.98% |
| 2026-08-05 | 25.98% |
| 2026-08-04 | 25.96% |
| 2026-08-03 | 25.97% |
| 2026-07-31 | 25.96% |
| 2026-07-30 | 25.98% |
| 2026-07-29 | 25.97% |
| 2026-07-28 | 25.98% |
| 2026-07-27 | 27.56% |
| 2026-07-24 | 27.57% |
| 2026-07-23 | 27.57% |
| 2026-07-22 | 27.56% |
| 2026-07-21 | 27.57% |
| 2026-07-20 | 27.56% |
| 2026-07-17 | 27.56% |
| 2026-07-16 | 27.57% |
| 2026-07-15 | 27.56% |
| 2026-07-14 | 27.56% |
| 2026-07-13 | 27.57% |
| 2026-07-10 | 27.57% |
| 2026-07-09 | 27.57% |
| 2026-07-08 | 27.56% |
| 2026-07-07 | 27.56% |
| 2026-07-06 | 27.56% |
| 2026-07-02 | 27.55% |
| 2026-07-01 | 27.56% |
| 2026-06-30 | 27.58% |
| 2026-06-29 | 27.57% |
| 2026-06-26 | 27.56% |
| 2026-06-25 | 27.57% |
| 2026-06-24 | 27.57% |
| 2026-06-23 | 27.56% |
| 2026-06-22 | 27.57% |
| 2026-06-18 | 27.57% |
| 2026-06-17 | 27.56% |
| 2026-06-16 | 27.56% |
| 2026-06-15 | 27.56% |
| 2026-06-12 | 27.56% |
| 2026-06-11 | 27.57% |
| 2026-06-10 | 27.56% |
| 2026-06-09 | 27.57% |
| 2026-06-08 | 27.57% |
| 2026-06-05 | 27.57% |
| 2026-06-04 | 27.57% |
| 2026-06-03 | 27.57% |
| 2026-06-02 | 27.58% |
| 2026-06-01 | 27.57% |
| 2026-05-29 | 27.55% |
| 2026-05-28 | 27.57% |
| 2026-05-27 | 27.58% |
| 2026-05-26 | 27.56% |
| 2026-05-22 | 27.57% |
| 2026-05-21 | 27.57% |
| 2026-05-20 | 27.57% |
| 2026-05-19 | 27.57% |
| 2026-05-18 | 27.57% |
| 2026-05-15 | 27.56% |
| 2026-05-14 | 27.56% |
| 2026-05-13 | 27.56% |
| 2026-05-12 | 27.56% |
| 2026-05-11 | 27.57% |
| 2026-05-08 | 33.68% |
| 2026-05-07 | 26.79% |
| 2026-05-06 | 26.81% |
| 2026-05-05 | 26.79% |
| 2026-05-04 | 26.81% |
| 2026-05-01 | 26.81% |
| 2026-04-30 | 26.79% |
| 2026-04-29 | 26.79% |
| 2026-04-28 | 27.70% |
| 2026-04-27 | 27.70% |
| 2026-04-24 | 27.70% |
| 2026-04-23 | 27.69% |
| 2026-04-22 | 27.69% |
| 2026-04-21 | 27.68% |
| 2026-04-20 | 27.69% |
| 2026-04-17 | 27.69% |
| 2026-04-16 | 27.70% |
| 2026-04-15 | 27.68% |
| 2026-04-14 | 27.70% |
| 2026-04-13 | 27.69% |
| 2026-04-10 | 27.68% |
| 2026-04-09 | 27.69% |
| 2026-04-08 | 27.70% |
| 2026-04-07 | 27.70% |
| 2026-04-06 | 27.69% |
| 2026-04-02 | 27.68% |
| 2026-04-01 | 27.69% |
| 2026-03-31 | 27.70% |
| 2026-03-30 | 27.69% |
| 2026-03-27 | 27.68% |
| 2026-03-26 | 27.68% |
| 2026-03-25 | 27.69% |
| 2026-03-24 | 27.70% |
| 2026-03-23 | 27.70% |
| 2026-03-20 | 27.69% |
| 2026-03-19 | 27.70% |
| 2026-03-18 | 27.70% |
| 2026-03-17 | 27.69% |
| 2026-03-16 | 27.70% |
| 2026-03-13 | 27.68% |
| 2026-03-12 | 27.70% |
| 2026-03-11 | 27.68% |
| 2026-03-10 | 27.69% |
| 2026-03-09 | 27.68% |
| 2026-03-06 | 27.68% |
| 2026-03-05 | 27.69% |
| 2026-03-04 | 27.69% |
| 2026-03-03 | 27.69% |
| 2026-03-02 | 27.70% |
| 2026-02-27 | 27.69% |
| 2026-02-26 | 27.70% |
| 2026-02-25 | 27.69% |
| 2026-02-24 | 27.69% |
| 2026-02-23 | 28.77% |
| 2026-02-20 | 28.79% |
| 2026-02-19 | 28.78% |
| 2026-02-18 | 28.79% |
| 2026-02-17 | 28.79% |
| 2026-02-13 | 28.79% |
| 2026-02-12 | 28.78% |
| 2026-02-11 | 28.78% |
| 2026-02-10 | 28.79% |
| 2026-02-09 | 28.78% |
| 2026-02-06 | 35.37% |
| 2026-02-05 | 27.95% |
| 2026-02-04 | 27.96% |
| 2026-02-03 | 27.96% |
| 2026-02-02 | 27.97% |
| 2026-01-30 | 27.95% |
| 2026-01-29 | 27.96% |
| 2026-01-28 | 27.96% |
| 2026-01-27 | 27.96% |
| 2026-01-26 | 27.96% |
| 2026-01-23 | 27.96% |
| 2026-01-22 | 27.96% |
| 2026-01-21 | 27.95% |
| 2026-01-20 | 27.95% |
| 2026-01-16 | 27.97% |
| 2026-01-15 | 27.96% |
| 2026-01-14 | 27.96% |
| 2026-01-13 | 27.96% |
| 2026-01-12 | 27.96% |
| 2026-01-09 | 27.96% |
| 2026-01-08 | 27.95% |
| 2026-01-07 | 27.96% |
| 2026-01-06 | 27.95% |
| 2026-01-05 | 27.96% |
| 2026-01-02 | 27.96% |
| 2025-12-31 | 27.96% |
| 2025-12-30 | 27.96% |
| 2025-12-29 | 27.97% |
| 2025-12-26 | 27.96% |
| 2025-12-24 | 27.95% |
| 2025-12-23 | 27.96% |
| 2025-12-22 | 27.97% |
| 2025-12-19 | 27.96% |
| 2025-12-18 | 27.97% |
| 2025-12-17 | 27.96% |
| 2025-12-16 | 27.96% |
| 2025-12-15 | 27.96% |
| 2025-12-12 | 27.97% |
| 2025-12-11 | 27.96% |
| 2025-12-10 | 27.97% |
| 2025-12-09 | 27.96% |
| 2025-12-08 | 27.96% |
| 2025-12-05 | 27.95% |
| 2025-12-04 | 27.97% |
| 2025-12-03 | 27.97% |
| 2025-12-02 | 27.97% |
| 2025-12-01 | 27.97% |
| 2025-11-28 | 27.96% |
| 2025-11-26 | 27.96% |
| 2025-11-25 | 27.97% |
| 2025-11-24 | 27.95% |
| 2025-11-21 | 27.96% |
| 2025-11-20 | 27.96% |
| 2025-11-19 | 27.96% |
| 2025-11-18 | 27.95% |
| 2025-11-17 | 27.96% |
| 2025-11-14 | 27.96% |
| 2025-11-13 | 27.96% |
| 2025-11-12 | 27.97% |
| 2025-11-11 | 27.97% |
| 2025-11-10 | 27.96% |
| 2025-11-07 | 34.54% |
| 2025-11-06 | 27.14% |
| 2025-11-05 | 27.14% |
| 2025-11-04 | 27.14% |
| 2025-11-03 | 27.14% |
| 2025-10-31 | 27.13% |
| 2025-10-30 | 28.25% |
| 2025-10-29 | 28.26% |
| 2025-10-28 | 28.25% |
| 2025-10-27 | 28.26% |
| 2025-10-24 | 28.26% |
| 2025-10-23 | 28.25% |
| 2025-10-22 | 28.25% |
| 2025-10-21 | 28.25% |
| 2025-10-20 | 28.25% |
| 2025-10-17 | 28.25% |
| 2025-10-16 | 28.25% |
| 2025-10-15 | 28.24% |
| 2025-10-14 | 28.25% |
| 2025-10-13 | 28.25% |
| 2025-10-10 | 28.25% |
| 2025-10-09 | 28.25% |
| 2025-10-08 | 28.25% |
| 2025-10-07 | 28.25% |
| 2025-10-06 | 28.26% |
| 2025-10-03 | 28.25% |
| 2025-10-02 | 28.24% |
| 2025-10-01 | 28.26% |
| 2025-09-30 | 28.25% |
| 2025-09-29 | 28.24% |
| 2025-09-26 | 28.26% |
| 2025-09-25 | 28.26% |
| 2025-09-24 | 28.25% |
| 2025-09-23 | 28.26% |
| 2025-09-22 | 28.25% |
| 2025-09-19 | 28.25% |
| 2025-09-18 | 28.26% |
| 2025-09-17 | 28.25% |
| 2025-09-16 | 28.26% |
| 2025-09-15 | 28.25% |
| 2025-09-12 | 28.26% |
| 2025-09-11 | 28.25% |
| 2025-09-10 | 28.25% |
| 2025-09-09 | 28.26% |
| 2025-09-08 | 28.25% |
| 2025-09-05 | 28.25% |
| 2025-09-04 | 28.25% |
| 2025-09-03 | 28.26% |
| 2025-09-02 | 28.25% |
| 2025-08-29 | 28.25% |
| 2025-08-28 | 28.26% |
| 2025-08-27 | 28.26% |
| 2025-08-26 | 28.26% |
| 2025-08-25 | 28.25% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| $1.22 |
| 290.5% |
| 2019-12-31 | $4.12 | $1.92 | 46.6% |
| 2018-12-31 | $4.31 | $1.64 | 38.1% |
| 2017-12-31 | $4.14 | $1.54 | 37.2% |
| 2016-12-31 | $4.03 | $1.52 | 37.6% |
| 2015-12-31 | $4.18 | $1.48 | 35.3% |
| 2014-12-31 | $4.17 | $1.35 | 32.4% |
| 2013-12-31 | $3.95 | $1.15 | 29.1% |
| 2012-12-31 | $3.40 | $0.88 | 25.9% |
| 2011-12-31 | $2.85 | $0.48 | 16.8% |
| 2010-12-31 | $2.23 | $0.20 | 9.0% |
| 2009-12-31 | $1.76 | $0.49 | 27.8% |
| 2008-12-31 | $0.76 | $1.30 | 171.1% |
| 2007-12-31 | $2.41 | $1.18 | 49.0% |
| 2006-12-31 | $2.50 | $1.08 | 43.2% |
| 2005-12-31 | $2.27 | $1.00 | 44.1% |
| 2004-12-31 | $2.07 | $0.93 | 44.9% |
| 2003-12-31 | $1.85 | $0.75 | 40.5% |
| 2002-12-31 | $1.60 | $0.55 | 34.4% |
| 2001-12-31 | $1.00 | $0.50 | 50.0% |
| 2000-12-31 | $1.18 | $0.45 | 38.1% |
| 1999-12-31 | $1.16 | $0.39 | 33.8% |
| 1998-12-31 | $0.59 | $0.35 | 59.3% |
| 1997-12-31 | $0.75 | $0.31 | 41.0% |
| 1996-12-31 | $0.69 | $0.26 | 38.0% |
