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 21.94% is 51% below its 5-year average of 45.06%, near the low end of its 5-year range (8.45%–252.78%).
As of Sunday, July 26, 2026. 72.31% below its 12-month average of 79.23%.
Dividend Payout Ratio (21.94%) = TTM Dividends/Share ($3.76) / TTM EPS ($17.14)
DIVIDEND PAYOUT RATIO
21.94%
DIVIDEND PAYOUT RATIO AVG TTM
79.23%
DIVIDEND PAYOUT RATIO AVG 3Y
26.66%
DIVIDEND PAYOUT RATIO AVG 5Y
23.22%
DIVIDEND PAYOUT RATIO AVG 10Y
39.32%
DIVIDEND PAYOUT RATIO AVG 15Y
44.28%
DIVIDEND PAYOUT RATIO AVG 20Y
43.34%
CURRENT VS TTM AVG
-72.31%
CURRENT VS 3Y AVG
-17.71%
CURRENT VS 5Y AVG
-5.52%
CURRENT VS 10Y AVG
-44.20%
CURRENT VS 15Y AVG
-50.45%
CURRENT VS 20Y AVG
-49.38%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $16.34 | $3.68 | 22.5% |
| 2024 | ($0.96) | $3.52 | N/A (Loss) |
| 2023 | $10.05 | $3.36 | 33.4% |
| 2022 | $9.00 | $3.28 | 36.4% |
| 2021 | $15.02 | $3.02 | 20.1% |
| 2020 | $7.68 | $2.75 |
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 | 21.94% |
| 2026-07-23 | 21.93% |
| 2026-07-22 | 21.94% |
| 2026-07-21 | 21.94% |
| 2026-07-20 | 21.93% |
| 2026-07-17 | 21.94% |
| 2026-07-16 | 21.93% |
| 2026-07-15 | 21.93% |
| 2026-07-14 | 21.94% |
| 2026-07-13 | 21.93% |
| 2026-07-10 | 21.94% |
| 2026-07-09 | 21.94% |
| 2026-07-08 | 21.94% |
| 2026-07-07 | 21.94% |
| 2026-07-06 | 21.93% |
| 2026-07-02 | 21.94% |
| 2026-07-01 | 21.94% |
| 2026-06-30 | 21.94% |
| 2026-06-29 | 21.70% |
| 2026-06-26 | 21.71% |
| 2026-06-25 | 21.70% |
| 2026-06-24 | 21.71% |
| 2026-06-23 | 21.71% |
| 2026-06-22 | 21.71% |
| 2026-06-18 | 21.70% |
| 2026-06-17 | 21.70% |
| 2026-06-16 | 21.71% |
| 2026-06-15 | 21.70% |
| 2026-06-12 | 21.70% |
| 2026-06-11 | 21.71% |
| 2026-06-10 | 21.71% |
| 2026-06-09 | 21.71% |
| 2026-06-08 | 21.70% |
| 2026-06-05 | 21.71% |
| 2026-06-04 | 21.71% |
| 2026-06-03 | 21.70% |
| 2026-06-02 | 21.70% |
| 2026-06-01 | 21.71% |
| 2026-05-29 | 21.71% |
| 2026-05-28 | 21.70% |
| 2026-05-27 | 21.70% |
| 2026-05-26 | 21.71% |
| 2026-05-22 | 21.71% |
| 2026-05-21 | 21.71% |
| 2026-05-20 | 21.70% |
| 2026-05-19 | 21.70% |
| 2026-05-18 | 21.71% |
| 2026-05-15 | 21.70% |
| 2026-05-14 | 21.71% |
| 2026-05-13 | 21.71% |
| 2026-05-12 | 21.70% |
| 2026-05-11 | 21.70% |
| 2026-05-08 | 21.71% |
| 2026-05-07 | 21.71% |
| 2026-05-06 | 21.71% |
| 2026-05-05 | 21.71% |
| 2026-05-04 | 21.70% |
| 2026-05-01 | 21.71% |
| 2026-04-30 | 21.71% |
| 2026-04-29 | 22.72% |
| 2026-04-28 | 22.73% |
| 2026-04-27 | 22.73% |
| 2026-04-24 | 22.73% |
| 2026-04-23 | 22.72% |
| 2026-04-22 | 22.72% |
| 2026-04-21 | 22.72% |
| 2026-04-20 | 22.73% |
| 2026-04-17 | 22.72% |
| 2026-04-16 | 22.72% |
| 2026-04-15 | 22.73% |
| 2026-04-14 | 22.72% |
| 2026-04-13 | 22.73% |
| 2026-04-10 | 22.72% |
| 2026-04-09 | 22.72% |
| 2026-04-08 | 22.73% |
| 2026-04-07 | 22.72% |
| 2026-04-06 | 22.73% |
| 2026-04-02 | 22.72% |
| 2026-04-01 | 22.72% |
| 2026-03-31 | 22.73% |
| 2026-03-30 | 22.48% |
| 2026-03-27 | 22.48% |
| 2026-03-26 | 22.48% |
| 2026-03-25 | 22.49% |
| 2026-03-24 | 22.48% |
| 2026-03-23 | 22.47% |
| 2026-03-20 | 22.48% |
| 2026-03-19 | 22.49% |
| 2026-03-18 | 22.49% |
| 2026-03-17 | 22.48% |
| 2026-03-16 | 22.49% |
| 2026-03-13 | 22.48% |
| 2026-03-12 | 22.48% |
| 2026-03-11 | 22.48% |
| 2026-03-10 | 22.48% |
| 2026-03-09 | 22.48% |
| 2026-03-06 | 22.49% |
| 2026-03-05 | 22.48% |
| 2026-03-04 | 22.48% |
| 2026-03-03 | 22.48% |
| 2026-03-02 | 22.48% |
| 2026-02-27 | 22.48% |
| 2026-02-26 | 22.48% |
| 2026-02-25 | 22.48% |
| 2026-02-24 | 17.55% |
| 2026-02-23 | 17.55% |
| 2026-02-20 | 17.55% |
| 2026-02-19 | 17.54% |
| 2026-02-18 | 17.55% |
| 2026-02-17 | 17.55% |
| 2026-02-13 | 17.55% |
| 2026-02-12 | 17.54% |
| 2026-02-11 | 17.55% |
| 2026-02-10 | 17.55% |
| 2026-02-09 | 17.54% |
| 2026-02-06 | 17.55% |
| 2026-02-05 | 17.55% |
| 2026-02-04 | 17.55% |
| 2026-02-03 | 17.55% |
| 2026-02-02 | 17.55% |
| 2026-01-30 | 17.55% |
| 2026-01-29 | 17.55% |
| 2026-01-28 | 17.55% |
| 2026-01-27 | 17.55% |
| 2026-01-26 | 17.55% |
| 2026-01-23 | 17.54% |
| 2026-01-22 | 17.55% |
| 2026-01-21 | 17.55% |
| 2026-01-20 | 17.55% |
| 2026-01-16 | 17.55% |
| 2026-01-15 | 17.54% |
| 2026-01-14 | 17.55% |
| 2026-01-13 | 17.54% |
| 2026-01-12 | 17.55% |
| 2026-01-09 | 17.55% |
| 2026-01-08 | 17.55% |
| 2026-01-07 | 17.55% |
| 2026-01-06 | 17.55% |
| 2026-01-05 | 17.55% |
| 2026-01-02 | 17.55% |
| 2025-12-31 | 17.55% |
| 2025-12-30 | 17.36% |
| 2025-12-29 | 17.35% |
| 2025-12-26 | 17.36% |
| 2025-12-24 | 17.36% |
| 2025-12-23 | 17.36% |
| 2025-12-22 | 17.36% |
| 2025-12-19 | 17.36% |
| 2025-12-18 | 17.36% |
| 2025-12-17 | 17.36% |
| 2025-12-16 | 17.36% |
| 2025-12-15 | 17.35% |
| 2025-12-12 | 17.36% |
| 2025-12-11 | 17.36% |
| 2025-12-10 | 17.36% |
| 2025-12-09 | 17.36% |
| 2025-12-08 | 17.36% |
| 2025-12-05 | 17.35% |
| 2025-12-04 | 17.36% |
| 2025-12-03 | 17.35% |
| 2025-12-02 | 17.35% |
| 2025-12-01 | 17.36% |
| 2025-11-28 | 17.36% |
| 2025-11-26 | 17.36% |
| 2025-11-25 | 17.36% |
| 2025-11-24 | 17.36% |
| 2025-11-21 | 17.35% |
| 2025-11-20 | 17.36% |
| 2025-11-19 | 17.35% |
| 2025-11-18 | 17.36% |
| 2025-11-17 | 17.35% |
| 2025-11-14 | 17.36% |
| 2025-11-13 | 17.35% |
| 2025-11-12 | 17.36% |
| 2025-11-11 | 17.36% |
| 2025-11-10 | 17.36% |
| 2025-11-07 | 17.36% |
| 2025-11-06 | 17.35% |
| 2025-11-05 | 17.36% |
| 2025-11-04 | 17.35% |
| 2025-11-03 | 17.35% |
| 2025-10-31 | 17.36% |
| 2025-10-30 | 17.36% |
| 2025-10-29 | 252.77% |
| 2025-10-28 | 252.78% |
| 2025-10-27 | 252.78% |
| 2025-10-24 | 252.77% |
| 2025-10-23 | 252.78% |
| 2025-10-22 | 252.78% |
| 2025-10-21 | 252.78% |
| 2025-10-20 | 252.78% |
| 2025-10-17 | 252.78% |
| 2025-10-16 | 252.78% |
| 2025-10-15 | 252.78% |
| 2025-10-14 | 252.78% |
| 2025-10-13 | 252.77% |
| 2025-10-10 | 252.78% |
| 2025-10-09 | 252.78% |
| 2025-10-08 | 252.78% |
| 2025-10-07 | 252.78% |
| 2025-10-06 | 252.78% |
| 2025-10-03 | 252.78% |
| 2025-10-02 | 252.78% |
| 2025-10-01 | 252.78% |
| 2025-09-30 | 252.78% |
| 2025-09-29 | 250.00% |
| 2025-09-26 | 250.00% |
| 2025-09-25 | 250.00% |
| 2025-09-24 | 250.00% |
| 2025-09-23 | 250.00% |
| 2025-09-22 | 250.00% |
| 2025-09-19 | 250.00% |
| 2025-09-18 | 250.00% |
| 2025-09-17 | 249.99% |
| 2025-09-16 | 250.00% |
| 2025-09-15 | 250.00% |
| 2025-09-12 | 250.00% |
| 2025-09-11 | 250.00% |
| 2025-09-10 | 250.00% |
| 2025-09-09 | 250.00% |
| 2025-09-08 | 250.01% |
| 2025-09-05 | 250.00% |
| 2025-09-04 | 250.00% |
| 2025-09-03 | 250.01% |
| 2025-09-02 | 250.00% |
| 2025-08-29 | 250.00% |
| 2025-08-28 | 250.00% |
| 2025-08-27 | 250.01% |
| 2025-08-26 | 250.00% |
| 2025-08-25 | 250.00% |
| 2025-08-22 | 250.00% |
| 2025-08-21 | 250.00% |
| 2025-08-20 | 250.00% |
| 2025-08-19 | 250.01% |
| 2025-08-18 | 250.00% |
| 2025-08-15 | 250.00% |
| 2025-08-14 | 250.00% |
| 2025-08-13 | 250.00% |
| 2025-08-12 | 250.00% |
| 2025-08-11 | 250.00% |
| 2025-08-08 | 250.00% |
| 2025-08-07 | 250.00% |
| 2025-08-06 | 250.00% |
| 2025-08-05 | 250.00% |
| 2025-08-04 | 250.00% |
| 2025-08-01 | 250.00% |
| 2024-10-29 | 33.27% |
| 2024-10-25 | 33.27% |
| 2024-10-23 | 33.27% |
| 2024-10-21 | 33.27% |
| 2024-10-17 | 33.27% |
| 2024-10-15 | 33.27% |
| 2024-10-11 | 33.27% |
| 2024-10-09 | 33.26% |
| 2024-10-07 | 33.27% |
| 2024-10-03 | 33.27% |
| 2024-10-01 | 33.27% |
| 2024-09-27 | 24.85% |
| 2024-09-25 | 32.88% |
| 2024-09-23 | 32.89% |
Showing the most recent 260 of 2,421 data points. The chart above shows the full history.
| 35.8% |
| 2019 | $8.03 | $2.60 | 32.4% |
| 2018 | $5.31 | $2.40 | 45.2% |
| 2017 | $4.21 | $2.12 | 50.4% |
| 2016 | $2.28 | $1.92 | 84.2% |
| 2015 | $5.49 | $3.28 | 59.8% |
| 2014 | $5.38 | $3.18 | 59.1% |
| 2013 | $5.53 | $2.97 | 53.7% |
| 2012 | ($6.83) | $2.86 | N/A (Loss) |
| 2011 | $3.10 | $2.75 | 88.9% |
| 2010 | $7.10 | $2.75 | 38.8% |
| 2009 | $6.91 | $2.75 | 39.9% |
| 2008 | $5.43 | $2.75 | 50.7% |
| 2007 | $7.47 | $2.65 | 35.5% |
| 2006 | $7.58 | $2.49 | 32.9% |
| 2005 | $4.64 | $2.28 | 49.1% |
| 2004 | $6.78 | $1.99 | 29.4% |
| 2003 | $6.36 | $1.53 | 24.0% |
| 2002 | $3.79 | $0.00 | 0.0% |
| 2001 | $0.03 | $0.00 | 0.0% |
| 2000 | $0.19 | $0.00 | 0.0% |
