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 18.18% is 52% below its 5-year average of 38.13%, near the low end of its 5-year range (17.42%–67.67%).
As of Tuesday, August 4, 2026. 35.93% below its 12-month average of 28.38%.
Dividend Payout Ratio (18.18%) = TTM Dividends/Share ($0.72) / TTM EPS ($3.96)
DIVIDEND PAYOUT RATIO
18.18%
DIVIDEND PAYOUT RATIO AVG TTM
28.38%
DIVIDEND PAYOUT RATIO AVG 3Y
38.07%
DIVIDEND PAYOUT RATIO AVG 5Y
38.09%
DIVIDEND PAYOUT RATIO AVG 10Y
42.11%
DIVIDEND PAYOUT RATIO AVG 15Y
38.31%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-35.93%
CURRENT VS 3Y AVG
-52.23%
CURRENT VS 5Y AVG
-52.26%
CURRENT VS 10Y AVG
-56.82%
CURRENT VS 15Y AVG
-52.53%
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.30 | $0.66 | 20.0% |
| 2024 | $1.17 | $0.62 | 53.0% |
| 2023 | $1.19 | $0.60 | 50.4% |
| 2022 | $1.42 | $0.60 | 42.3% |
| 2021 | $1.66 | $0.57 | 34.3% |
| 2020 | $1.19 | $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 |
|---|---|
| 2026-08-03 | 18.18% |
| 2026-07-31 | 18.18% |
| 2026-07-30 | 18.18% |
| 2026-07-29 | 18.18% |
| 2026-07-28 | 18.18% |
| 2026-07-27 | 18.18% |
| 2026-07-24 | 18.18% |
| 2026-07-23 | 18.18% |
| 2026-07-22 | 18.18% |
| 2026-07-21 | 18.18% |
| 2026-07-20 | 18.18% |
| 2026-07-17 | 18.18% |
| 2026-07-16 | 18.18% |
| 2026-07-15 | 18.18% |
| 2026-07-14 | 18.18% |
| 2026-07-13 | 18.18% |
| 2026-07-10 | 18.18% |
| 2026-07-09 | 18.18% |
| 2026-07-08 | 18.18% |
| 2026-07-07 | 18.19% |
| 2026-07-06 | 18.18% |
| 2026-07-02 | 18.18% |
| 2026-07-01 | 18.18% |
| 2026-06-30 | 18.18% |
| 2026-06-29 | 18.18% |
| 2026-06-26 | 18.18% |
| 2026-06-25 | 18.18% |
| 2026-06-24 | 18.18% |
| 2026-06-23 | 18.18% |
| 2026-06-22 | 18.18% |
| 2026-06-18 | 18.18% |
| 2026-06-17 | 18.18% |
| 2026-06-16 | 18.18% |
| 2026-06-15 | 18.18% |
| 2026-06-12 | 18.18% |
| 2026-06-11 | 18.18% |
| 2026-06-10 | 18.18% |
| 2026-06-09 | 18.18% |
| 2026-06-08 | 18.18% |
| 2026-06-05 | 18.18% |
| 2026-06-04 | 18.18% |
| 2026-06-03 | 18.18% |
| 2026-06-02 | 18.18% |
| 2026-06-01 | 18.18% |
| 2026-05-29 | 18.18% |
| 2026-05-28 | 18.18% |
| 2026-05-27 | 22.35% |
| 2026-05-26 | 17.43% |
| 2026-05-22 | 17.42% |
| 2026-05-21 | 17.42% |
| 2026-05-20 | 17.42% |
| 2026-05-19 | 17.43% |
| 2026-05-18 | 17.42% |
| 2026-05-15 | 17.42% |
| 2026-05-14 | 17.43% |
| 2026-05-13 | 17.42% |
| 2026-05-12 | 17.42% |
| 2026-05-11 | 17.42% |
| 2026-05-08 | 17.42% |
| 2026-05-07 | 17.42% |
| 2026-05-06 | 21.17% |
| 2026-05-05 | 21.17% |
| 2026-05-04 | 21.17% |
| 2026-05-01 | 21.16% |
| 2026-04-30 | 21.16% |
| 2026-04-29 | 21.17% |
| 2026-04-28 | 21.16% |
| 2026-04-27 | 21.16% |
| 2026-04-24 | 21.16% |
| 2026-04-23 | 21.17% |
| 2026-04-22 | 21.16% |
| 2026-04-21 | 21.17% |
| 2026-04-20 | 21.17% |
| 2026-04-17 | 21.16% |
| 2026-04-16 | 21.16% |
| 2026-04-15 | 21.17% |
| 2026-04-14 | 21.16% |
| 2026-04-13 | 21.17% |
| 2026-04-10 | 21.17% |
| 2026-04-09 | 21.17% |
| 2026-04-08 | 21.17% |
| 2026-04-07 | 21.17% |
| 2026-04-06 | 21.16% |
| 2026-04-02 | 21.16% |
| 2026-04-01 | 21.16% |
| 2026-03-31 | 26.23% |
| 2026-03-30 | 30.00% |
| 2026-03-27 | 30.00% |
| 2026-03-26 | 30.00% |
| 2026-03-25 | 30.00% |
| 2026-03-24 | 30.00% |
| 2026-03-23 | 30.00% |
| 2026-03-20 | 30.00% |
| 2026-03-19 | 30.00% |
| 2026-03-18 | 30.00% |
| 2026-03-17 | 30.00% |
| 2026-03-16 | 30.00% |
| 2026-03-13 | 30.00% |
| 2026-03-12 | 30.00% |
| 2026-03-11 | 30.00% |
| 2026-03-10 | 30.00% |
| 2026-03-09 | 30.00% |
| 2026-03-06 | 30.00% |
| 2026-03-05 | 30.00% |
| 2026-03-04 | 30.00% |
| 2026-03-03 | 30.00% |
| 2026-03-02 | 30.00% |
| 2026-02-27 | 30.00% |
| 2026-02-26 | 30.00% |
| 2026-02-25 | 30.00% |
| 2026-02-24 | 30.00% |
| 2026-02-23 | 30.00% |
| 2026-02-20 | 30.00% |
| 2026-02-19 | 30.00% |
| 2026-02-18 | 30.00% |
| 2026-02-17 | 30.00% |
| 2026-02-13 | 30.00% |
| 2026-02-12 | 30.00% |
| 2026-02-11 | 30.00% |
| 2026-02-10 | 30.00% |
| 2026-02-09 | 30.00% |
| 2026-02-06 | 30.00% |
| 2026-02-05 | 30.00% |
| 2026-02-04 | 30.00% |
| 2026-02-03 | 30.00% |
| 2026-02-02 | 30.00% |
| 2026-01-30 | 30.00% |
| 2026-01-29 | 30.00% |
| 2026-01-28 | 30.00% |
| 2026-01-27 | 30.00% |
| 2026-01-26 | 30.00% |
| 2026-01-23 | 30.00% |
| 2026-01-22 | 30.00% |
| 2026-01-21 | 30.00% |
| 2026-01-20 | 30.00% |
| 2026-01-16 | 30.00% |
| 2026-01-15 | 30.00% |
| 2026-01-14 | 30.00% |
| 2026-01-13 | 30.00% |
| 2026-01-12 | 30.00% |
| 2026-01-09 | 30.00% |
| 2026-01-08 | 30.00% |
| 2026-01-07 | 30.00% |
| 2026-01-06 | 30.00% |
| 2026-01-05 | 30.00% |
| 2026-01-02 | 30.00% |
| 2025-12-31 | 30.00% |
| 2025-12-30 | 30.00% |
| 2025-12-29 | 30.00% |
| 2025-12-26 | 30.00% |
| 2025-12-24 | 30.00% |
| 2025-12-23 | 30.00% |
| 2025-12-22 | 30.00% |
| 2025-12-19 | 30.00% |
| 2025-12-18 | 30.00% |
| 2025-12-17 | 30.00% |
| 2025-12-16 | 30.00% |
| 2025-12-15 | 30.00% |
| 2025-12-12 | 30.00% |
| 2025-12-11 | 30.00% |
| 2025-12-10 | 30.00% |
| 2025-12-09 | 30.00% |
| 2025-12-08 | 30.00% |
| 2025-12-05 | 30.00% |
| 2025-12-04 | 30.00% |
| 2025-12-03 | 30.00% |
| 2025-12-02 | 30.00% |
| 2025-12-01 | 30.00% |
| 2025-11-28 | 30.00% |
| 2025-11-26 | 30.00% |
| 2025-11-25 | 30.00% |
| 2025-11-24 | 30.00% |
| 2025-11-21 | 30.00% |
| 2025-11-20 | 37.04% |
| 2025-11-19 | 29.54% |
| 2025-11-18 | 29.55% |
| 2025-11-17 | 29.54% |
| 2025-11-14 | 29.55% |
| 2025-11-13 | 29.55% |
| 2025-11-12 | 29.55% |
| 2025-11-11 | 29.54% |
| 2025-11-10 | 29.54% |
| 2025-11-07 | 29.55% |
| 2025-11-06 | 29.54% |
| 2025-11-05 | 37.57% |
| 2025-11-04 | 37.57% |
| 2025-11-03 | 37.57% |
| 2025-10-31 | 37.57% |
| 2025-10-30 | 37.57% |
| 2025-10-29 | 37.57% |
| 2025-10-28 | 37.57% |
| 2025-10-27 | 37.58% |
| 2025-10-24 | 37.57% |
| 2025-10-23 | 37.57% |
| 2025-10-22 | 37.57% |
| 2025-10-21 | 37.57% |
| 2025-10-20 | 37.57% |
| 2025-10-17 | 37.57% |
| 2025-10-16 | 37.57% |
| 2025-10-15 | 37.57% |
| 2025-10-14 | 37.57% |
| 2025-10-13 | 37.57% |
| 2025-10-10 | 37.57% |
| 2025-10-09 | 37.57% |
| 2025-10-08 | 37.57% |
| 2025-10-07 | 37.57% |
| 2025-10-06 | 37.57% |
| 2025-10-03 | 37.57% |
| 2025-10-02 | 37.57% |
| 2025-10-01 | 37.57% |
| 2025-09-30 | 37.57% |
| 2025-09-29 | 37.57% |
| 2025-09-26 | 37.57% |
| 2025-09-25 | 37.57% |
| 2025-09-24 | 37.57% |
| 2025-09-23 | 37.57% |
| 2025-09-22 | 37.57% |
| 2025-09-19 | 37.58% |
| 2025-09-18 | 37.57% |
| 2025-09-17 | 37.57% |
| 2025-09-16 | 37.57% |
| 2025-09-15 | 37.57% |
| 2025-09-12 | 37.57% |
| 2025-09-11 | 37.57% |
| 2025-09-10 | 37.57% |
| 2025-09-09 | 37.57% |
| 2025-09-08 | 37.57% |
| 2025-09-05 | 37.57% |
| 2025-09-04 | 37.57% |
| 2025-09-03 | 37.57% |
| 2025-09-02 | 37.57% |
| 2025-08-29 | 37.57% |
| 2025-08-28 | 37.57% |
| 2025-08-27 | 37.57% |
| 2025-08-26 | 37.57% |
| 2025-08-25 | 37.57% |
| 2025-08-22 | 37.57% |
| 2025-08-21 | 37.57% |
| 2025-08-20 | 37.00% |
| 2025-08-19 | 36.99% |
| 2025-08-18 | 36.99% |
| 2025-08-15 | 36.99% |
| 2025-08-14 | 37.00% |
| 2025-08-13 | 36.99% |
| 2025-08-12 | 37.00% |
| 2025-08-11 | 36.99% |
| 2025-08-08 | 36.99% |
| 2025-08-07 | 36.99% |
| 2025-08-06 | 47.06% |
| 2025-08-05 | 47.06% |
| 2025-08-04 | 47.06% |
| 2025-08-01 | 47.06% |
| 2025-07-31 | 47.06% |
| 2025-07-30 | 47.06% |
| 2025-07-29 | 47.06% |
| 2025-07-28 | 47.06% |
| 2025-07-25 | 47.06% |
| 2025-07-24 | 47.06% |
| 2025-07-23 | 47.06% |
| 2025-07-22 | 47.06% |
Showing the most recent 260 of 1,870 data points. The chart above shows the full history.
| 35.3% |
| 2019 | $0.20 | $0.36 | 180.0% |
| 2018 | $0.96 | $0.36 | 37.5% |
| 2017 | $0.13 | $0.33 | 253.8% |
| 2016 | $0.45 | $0.21 | 46.7% |
| 2015 | ($0.41) | $0.20 | N/A (Loss) |
| 2014 | $0.56 | $0.26 | 46.4% |
| 2013 | $1.06 | $0.45 | 42.5% |
| 2012 | $1.66 | $0.35 | 21.1% |
| 2011 | $1.56 | $0.18 | 11.5% |
| 2010 | $0.84 | $0.00 | 0.0% |
| 2009 | $0.39 | $0.00 | 0.0% |
| 2008 | $0.07 | $0.00 | 0.0% |
| 2007 | $0.41 | $0.00 | 0.0% |
| 2006 | $0.40 | $0.00 | 0.0% |
| 2005 | $0.15 | $0.00 | 0.0% |
| 2003 | $0.03 | $0.00 | 0.0% |
| 2002 | ($0.07) | $0.00 | N/A (Loss) |
| 2001 | ($0.00) | $0.00 | N/A (Loss) |
| 2000 | $0.00 | $0.00 | 0.0% |
| 1999 | $0.00 | $0.00 | N/A (Loss) |
| 1998 | $0.00 | $0.00 | N/A (Loss) |
