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 89.53% is 15% below its 5-year average of 105.25%, near the low end of its 5-year range (60.25%–250.29%).
As of Friday, July 31, 2026. 7.18% below its 12-month average of 96.46%.
Dividend Payout Ratio (89.53%) = TTM Dividends/Share ($2.05) / TTM EPS ($2.29)
DIVIDEND PAYOUT RATIO
89.53%
DIVIDEND PAYOUT RATIO AVG TTM
96.46%
DIVIDEND PAYOUT RATIO AVG 3Y
90.24%
DIVIDEND PAYOUT RATIO AVG 5Y
95.16%
DIVIDEND PAYOUT RATIO AVG 10Y
109.31%
DIVIDEND PAYOUT RATIO AVG 15Y
119.88%
DIVIDEND PAYOUT RATIO AVG 20Y
95.47%
CURRENT VS TTM AVG
-7.18%
CURRENT VS 3Y AVG
-0.78%
CURRENT VS 5Y AVG
-5.92%
CURRENT VS 10Y AVG
-18.09%
CURRENT VS 15Y AVG
-25.32%
CURRENT VS 20Y AVG
-6.22%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $2.14 | $2.00 | 93.5% |
| 2024 | $1.82 | $1.90 | 104.4% |
| 2023 | $2.61 | $1.79 | 68.6% |
| 2022 | $1.68 | $1.70 | 101.2% |
| 2021 | $1.25 | $1.64 | 131.2% |
| 2020 | $0.17 | $1.60 |
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 |
|---|---|
| 2026-07-30 | 89.53% |
| 2026-07-29 | 89.51% |
| 2026-07-28 | 89.53% |
| 2026-07-27 | 89.51% |
| 2026-07-24 | 89.51% |
| 2026-07-23 | 89.52% |
| 2026-07-22 | 89.52% |
| 2026-07-21 | 89.51% |
| 2026-07-20 | 89.51% |
| 2026-07-17 | 89.51% |
| 2026-07-16 | 89.51% |
| 2026-07-15 | 89.52% |
| 2026-07-14 | 89.52% |
| 2026-07-13 | 89.53% |
| 2026-07-10 | 89.52% |
| 2026-07-09 | 89.53% |
| 2026-07-08 | 89.52% |
| 2026-07-07 | 89.53% |
| 2026-07-06 | 89.52% |
| 2026-07-02 | 89.52% |
| 2026-07-01 | 89.53% |
| 2026-06-30 | 89.51% |
| 2026-06-29 | 89.53% |
| 2026-06-26 | 89.53% |
| 2026-06-25 | 89.53% |
| 2026-06-24 | 89.52% |
| 2026-06-23 | 89.53% |
| 2026-06-22 | 89.52% |
| 2026-06-18 | 89.52% |
| 2026-06-17 | 89.51% |
| 2026-06-16 | 89.51% |
| 2026-06-15 | 89.52% |
| 2026-06-12 | 111.37% |
| 2026-06-11 | 88.44% |
| 2026-06-10 | 88.42% |
| 2026-06-09 | 88.42% |
| 2026-06-08 | 88.42% |
| 2026-06-05 | 88.42% |
| 2026-06-04 | 88.43% |
| 2026-06-03 | 88.42% |
| 2026-06-02 | 88.43% |
| 2026-06-01 | 88.44% |
| 2026-05-29 | 88.41% |
| 2026-05-28 | 88.42% |
| 2026-05-27 | 88.44% |
| 2026-05-26 | 88.44% |
| 2026-05-22 | 88.44% |
| 2026-05-21 | 88.42% |
| 2026-05-20 | 88.43% |
| 2026-05-19 | 88.42% |
| 2026-05-18 | 88.44% |
| 2026-05-15 | 88.43% |
| 2026-05-14 | 88.44% |
| 2026-05-13 | 88.42% |
| 2026-05-12 | 88.42% |
| 2026-05-11 | 88.42% |
| 2026-05-08 | 88.42% |
| 2026-05-07 | 88.44% |
| 2026-05-06 | 88.43% |
| 2026-05-05 | 88.43% |
| 2026-05-04 | 88.43% |
| 2026-05-01 | 94.17% |
| 2026-04-30 | 94.18% |
| 2026-04-29 | 94.18% |
| 2026-04-28 | 94.18% |
| 2026-04-27 | 94.19% |
| 2026-04-24 | 94.18% |
| 2026-04-23 | 94.20% |
| 2026-04-22 | 94.19% |
| 2026-04-21 | 94.19% |
| 2026-04-20 | 94.18% |
| 2026-04-17 | 94.18% |
| 2026-04-16 | 94.19% |
| 2026-04-15 | 94.18% |
| 2026-04-14 | 94.19% |
| 2026-04-13 | 94.17% |
| 2026-04-10 | 94.18% |
| 2026-04-09 | 94.19% |
| 2026-04-08 | 94.19% |
| 2026-04-07 | 94.19% |
| 2026-04-06 | 94.18% |
| 2026-04-02 | 94.19% |
| 2026-04-01 | 94.19% |
| 2026-03-31 | 94.18% |
| 2026-03-30 | 94.19% |
| 2026-03-27 | 94.18% |
| 2026-03-26 | 94.20% |
| 2026-03-25 | 94.19% |
| 2026-03-24 | 94.18% |
| 2026-03-23 | 94.18% |
| 2026-03-20 | 94.19% |
| 2026-03-19 | 94.20% |
| 2026-03-18 | 94.18% |
| 2026-03-17 | 94.17% |
| 2026-03-16 | 94.19% |
| 2026-03-13 | 117.44% |
| 2026-03-12 | 93.04% |
| 2026-03-11 | 93.01% |
| 2026-03-10 | 93.01% |
| 2026-03-09 | 93.03% |
| 2026-03-06 | 93.02% |
| 2026-03-05 | 93.03% |
| 2026-03-04 | 93.02% |
| 2026-03-03 | 93.02% |
| 2026-03-02 | 93.02% |
| 2026-02-27 | 93.01% |
| 2026-02-26 | 93.03% |
| 2026-02-25 | 93.01% |
| 2026-02-24 | 93.03% |
| 2026-02-23 | 102.58% |
| 2026-02-20 | 102.58% |
| 2026-02-19 | 102.56% |
| 2026-02-18 | 102.55% |
| 2026-02-17 | 102.56% |
| 2026-02-13 | 102.57% |
| 2026-02-12 | 102.57% |
| 2026-02-11 | 102.56% |
| 2026-02-10 | 102.56% |
| 2026-02-09 | 102.55% |
| 2026-02-06 | 102.57% |
| 2026-02-05 | 102.55% |
| 2026-02-04 | 102.56% |
| 2026-02-03 | 102.57% |
| 2026-02-02 | 102.56% |
| 2026-01-30 | 102.56% |
| 2026-01-29 | 102.56% |
| 2026-01-28 | 102.57% |
| 2026-01-27 | 102.57% |
| 2026-01-26 | 102.57% |
| 2026-01-23 | 102.56% |
| 2026-01-22 | 102.56% |
| 2026-01-21 | 102.56% |
| 2026-01-20 | 102.55% |
| 2026-01-16 | 102.55% |
| 2026-01-15 | 102.57% |
| 2026-01-14 | 102.55% |
| 2026-01-13 | 102.56% |
| 2026-01-12 | 102.55% |
| 2026-01-09 | 102.55% |
| 2026-01-08 | 102.57% |
| 2026-01-07 | 102.57% |
| 2026-01-06 | 102.55% |
| 2026-01-05 | 102.55% |
| 2026-01-02 | 102.58% |
| 2025-12-31 | 102.58% |
| 2025-12-30 | 102.56% |
| 2025-12-29 | 102.58% |
| 2025-12-26 | 102.55% |
| 2025-12-24 | 102.56% |
| 2025-12-23 | 102.56% |
| 2025-12-22 | 102.58% |
| 2025-12-19 | 102.57% |
| 2025-12-18 | 102.56% |
| 2025-12-17 | 102.55% |
| 2025-12-16 | 102.55% |
| 2025-12-15 | 102.56% |
| 2025-12-12 | 126.94% |
| 2025-12-11 | 101.28% |
| 2025-12-10 | 101.30% |
| 2025-12-09 | 101.27% |
| 2025-12-08 | 101.28% |
| 2025-12-05 | 101.28% |
| 2025-12-04 | 101.29% |
| 2025-12-03 | 101.27% |
| 2025-12-02 | 101.29% |
| 2025-12-01 | 101.29% |
| 2025-11-28 | 101.29% |
| 2025-11-26 | 101.28% |
| 2025-11-25 | 101.29% |
| 2025-11-24 | 101.29% |
| 2025-11-21 | 101.28% |
| 2025-11-20 | 101.28% |
| 2025-11-19 | 101.28% |
| 2025-11-18 | 101.27% |
| 2025-11-17 | 101.27% |
| 2025-11-14 | 101.29% |
| 2025-11-13 | 101.29% |
| 2025-11-12 | 101.28% |
| 2025-11-11 | 101.29% |
| 2025-11-10 | 101.29% |
| 2025-11-07 | 101.27% |
| 2025-11-06 | 101.27% |
| 2025-11-05 | 101.29% |
| 2025-11-04 | 101.28% |
| 2025-11-03 | 101.28% |
| 2025-10-31 | 98.77% |
| 2025-10-30 | 98.75% |
| 2025-10-29 | 98.75% |
| 2025-10-28 | 98.77% |
| 2025-10-27 | 98.77% |
| 2025-10-24 | 98.75% |
| 2025-10-23 | 98.77% |
| 2025-10-22 | 98.75% |
| 2025-10-21 | 98.75% |
| 2025-10-20 | 98.75% |
| 2025-10-17 | 98.75% |
| 2025-10-16 | 98.77% |
| 2025-10-15 | 98.75% |
| 2025-10-14 | 98.75% |
| 2025-10-13 | 98.75% |
| 2025-10-10 | 98.77% |
| 2025-10-09 | 98.75% |
| 2025-10-08 | 98.75% |
| 2025-10-07 | 98.77% |
| 2025-10-06 | 98.75% |
| 2025-10-03 | 98.75% |
| 2025-10-02 | 98.75% |
| 2025-10-01 | 98.77% |
| 2025-09-30 | 98.77% |
| 2025-09-29 | 98.77% |
| 2025-09-26 | 98.77% |
| 2025-09-25 | 98.77% |
| 2025-09-24 | 98.75% |
| 2025-09-23 | 98.77% |
| 2025-09-22 | 98.75% |
| 2025-09-19 | 98.77% |
| 2025-09-18 | 98.75% |
| 2025-09-17 | 98.75% |
| 2025-09-16 | 98.77% |
| 2025-09-15 | 98.75% |
| 2025-09-12 | 122.52% |
| 2025-09-11 | 97.52% |
| 2025-09-10 | 97.50% |
| 2025-09-09 | 97.52% |
| 2025-09-08 | 97.52% |
| 2025-09-05 | 97.50% |
| 2025-09-04 | 97.50% |
| 2025-09-03 | 97.52% |
| 2025-09-02 | 97.50% |
| 2025-08-29 | 97.50% |
| 2025-08-28 | 97.50% |
| 2025-08-27 | 97.52% |
| 2025-08-26 | 97.52% |
| 2025-08-25 | 97.52% |
| 2025-08-22 | 97.52% |
| 2025-08-21 | 97.50% |
| 2025-08-20 | 97.50% |
| 2025-08-19 | 97.52% |
| 2025-08-18 | 97.50% |
| 2025-08-15 | 97.50% |
| 2025-08-14 | 97.50% |
| 2025-08-13 | 97.50% |
| 2025-08-12 | 97.50% |
| 2025-08-11 | 97.50% |
| 2025-08-08 | 97.52% |
| 2025-08-07 | 97.52% |
| 2025-08-06 | 97.50% |
| 2025-08-05 | 97.50% |
| 2025-08-04 | 97.50% |
| 2025-08-01 | 103.73% |
| 2025-07-31 | 103.73% |
| 2025-07-30 | 103.72% |
| 2025-07-29 | 103.71% |
| 2025-07-28 | 103.72% |
| 2025-07-25 | 103.74% |
| 2025-07-24 | 103.72% |
| 2025-07-23 | 103.73% |
| 2025-07-22 | 103.72% |
| 2025-07-21 | 103.72% |
| 2025-07-18 | 103.73% |
Showing the most recent 260 of 2,132 data points. The chart above shows the full history.
| 941.2% |
| 2019 | $0.70 | $1.52 | 217.1% |
| 2018 | ($0.16) | $1.36 | N/A (Loss) |
| 2017 | $2.63 | $1.20 | 45.6% |
| 2016 | ($0.57) | $1.68 | N/A (Loss) |
| 2015 | ($0.74) | $2.45 | N/A (Loss) |
| 2014 | $2.83 | $1.96 | 69.2% |
| 2013 | $0.63 | $1.44 | 228.1% |
| 2012 | $1.26 | $1.20 | 94.9% |
| 2011 | $0.64 | $0.63 | 98.7% |
| 2010 | ($1.88) | $0.40 | N/A (Loss) |
| 2009 | $0.49 | $0.36 | 73.2% |
| 2008 | $2.44 | $0.35 | 14.4% |
| 2007 | $1.66 | $0.32 | 19.2% |
| 2006 | $0.52 | $0.28 | 54.1% |
| 2005 | $0.55 | $0.20 | 37.1% |
| 2004 | $0.31 | $1.04 | 334.4% |
| 2003 | ($0.95) | $1.87 | N/A (Loss) |
| 2002 | ($1.46) | $1.43 | N/A (Loss) |
| 2001 | ($0.98) | $0.54 | N/A (Loss) |
| 2000 | $1.17 | $0.45 | 38.4% |
| 1999 | $0.50 | $0.45 | 89.8% |
| 1998 | $0.28 | $0.45 | 160.4% |
| 1997 | $0.81 | $0.40 | 49.9% |
| 1996 | $1.10 | $0.35 | 32.0% |
