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 28.65% is 67% below its 3-year average of 86.48%, near the low end of its 3-year range (12.07%–935.17%).
As of Wednesday, July 29, 2026. 4.48% above its 12-month average of 27.42%.
Dividend Payout Ratio (28.65%) = TTM Dividends/Share ($1.00) / TTM EPS ($3.49)
DIVIDEND PAYOUT RATIO
28.65%
DIVIDEND PAYOUT RATIO AVG TTM
27.42%
DIVIDEND PAYOUT RATIO AVG 3Y
23.32%
DIVIDEND PAYOUT RATIO AVG 5Y
23.32%
DIVIDEND PAYOUT RATIO AVG 10Y
41.26%
DIVIDEND PAYOUT RATIO AVG 15Y
53.61%
DIVIDEND PAYOUT RATIO AVG 20Y
62.31%
CURRENT VS TTM AVG
+4.48%
CURRENT VS 3Y AVG
+22.88%
CURRENT VS 5Y AVG
+22.88%
CURRENT VS 10Y AVG
-30.57%
CURRENT VS 15Y AVG
-46.55%
CURRENT VS 20Y AVG
-54.02%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.16 | $1.00 | 31.6% |
| 2024 | $4.56 | $1.00 | 21.9% |
| 2023 | $6.49 | $0.75 | 11.6% |
| 2022 | ($3.73) | $0.00 | N/A (Loss) |
| 2021 | ($6.64) | $0.00 | N/A (Loss) |
| 2020 | ($19.37) | $1.00 |
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 |
|---|---|
| 2026-07-28 | 28.65% |
| 2026-07-27 | 28.66% |
| 2026-07-24 | 28.65% |
| 2026-07-23 | 28.66% |
| 2026-07-22 | 28.65% |
| 2026-07-21 | 28.65% |
| 2026-07-20 | 28.65% |
| 2026-07-17 | 28.65% |
| 2026-07-16 | 28.65% |
| 2026-07-15 | 28.66% |
| 2026-07-14 | 28.65% |
| 2026-07-13 | 28.65% |
| 2026-07-10 | 28.66% |
| 2026-07-09 | 28.66% |
| 2026-07-08 | 28.65% |
| 2026-07-07 | 28.66% |
| 2026-07-06 | 28.66% |
| 2026-07-02 | 28.65% |
| 2026-07-01 | 28.65% |
| 2026-06-30 | 28.65% |
| 2026-06-29 | 28.66% |
| 2026-06-26 | 28.65% |
| 2026-06-25 | 28.66% |
| 2026-06-24 | 28.66% |
| 2026-06-23 | 28.65% |
| 2026-06-22 | 28.65% |
| 2026-06-18 | 28.66% |
| 2026-06-17 | 28.66% |
| 2026-06-16 | 28.65% |
| 2026-06-15 | 28.65% |
| 2026-06-12 | 28.66% |
| 2026-06-11 | 28.65% |
| 2026-06-10 | 28.65% |
| 2026-06-09 | 28.66% |
| 2026-06-08 | 28.66% |
| 2026-06-05 | 28.66% |
| 2026-06-04 | 28.65% |
| 2026-06-03 | 28.65% |
| 2026-06-02 | 28.66% |
| 2026-06-01 | 28.65% |
| 2026-05-29 | 28.65% |
| 2026-05-28 | 28.65% |
| 2026-05-27 | 28.65% |
| 2026-05-26 | 28.65% |
| 2026-05-22 | 28.65% |
| 2026-05-21 | 28.65% |
| 2026-05-20 | 28.66% |
| 2026-05-19 | 28.66% |
| 2026-05-18 | 28.66% |
| 2026-05-15 | 28.65% |
| 2026-05-14 | 28.65% |
| 2026-05-13 | 28.66% |
| 2026-05-12 | 28.66% |
| 2026-05-11 | 28.65% |
| 2026-05-08 | 28.66% |
| 2026-05-07 | 28.66% |
| 2026-05-06 | 31.85% |
| 2026-05-05 | 31.84% |
| 2026-05-04 | 31.84% |
| 2026-05-01 | 31.85% |
| 2026-04-30 | 31.85% |
| 2026-04-29 | 31.85% |
| 2026-04-28 | 31.85% |
| 2026-04-27 | 31.85% |
| 2026-04-24 | 31.84% |
| 2026-04-23 | 31.84% |
| 2026-04-22 | 31.85% |
| 2026-04-21 | 31.85% |
| 2026-04-20 | 31.85% |
| 2026-04-17 | 31.84% |
| 2026-04-16 | 31.85% |
| 2026-04-15 | 31.85% |
| 2026-04-14 | 31.85% |
| 2026-04-13 | 31.85% |
| 2026-04-10 | 31.85% |
| 2026-04-09 | 31.84% |
| 2026-04-08 | 31.85% |
| 2026-04-07 | 31.84% |
| 2026-04-06 | 31.85% |
| 2026-04-02 | 31.84% |
| 2026-04-01 | 31.85% |
| 2026-03-31 | 31.85% |
| 2026-03-30 | 31.85% |
| 2026-03-27 | 31.85% |
| 2026-03-26 | 31.85% |
| 2026-03-25 | 31.85% |
| 2026-03-24 | 31.85% |
| 2026-03-23 | 31.85% |
| 2026-03-20 | 31.85% |
| 2026-03-19 | 31.84% |
| 2026-03-18 | 31.84% |
| 2026-03-17 | 31.85% |
| 2026-03-16 | 31.85% |
| 2026-03-13 | 31.84% |
| 2026-03-12 | 31.85% |
| 2026-03-11 | 31.85% |
| 2026-03-10 | 31.85% |
| 2026-03-09 | 31.84% |
| 2026-03-06 | 31.85% |
| 2026-03-05 | 31.85% |
| 2026-03-04 | 31.85% |
| 2026-03-03 | 31.84% |
| 2026-03-02 | 31.84% |
| 2026-02-27 | 22.03% |
| 2026-02-26 | 22.02% |
| 2026-02-25 | 22.03% |
| 2026-02-24 | 22.03% |
| 2026-02-23 | 27.53% |
| 2026-02-20 | 22.02% |
| 2026-02-19 | 22.03% |
| 2026-02-18 | 22.03% |
| 2026-02-17 | 22.03% |
| 2026-02-13 | 22.03% |
| 2026-02-12 | 22.03% |
| 2026-02-11 | 22.02% |
| 2026-02-10 | 22.03% |
| 2026-02-09 | 22.03% |
| 2026-02-06 | 22.02% |
| 2026-02-05 | 22.02% |
| 2026-02-04 | 22.03% |
| 2026-02-03 | 22.03% |
| 2026-02-02 | 22.03% |
| 2026-01-30 | 22.03% |
| 2026-01-29 | 22.03% |
| 2026-01-28 | 22.02% |
| 2026-01-27 | 22.03% |
| 2026-01-26 | 22.03% |
| 2026-01-23 | 22.03% |
| 2026-01-22 | 22.02% |
| 2026-01-21 | 22.03% |
| 2026-01-20 | 22.03% |
| 2026-01-16 | 22.02% |
| 2026-01-15 | 22.02% |
| 2026-01-14 | 22.02% |
| 2026-01-13 | 22.03% |
| 2026-01-12 | 22.03% |
| 2026-01-09 | 22.02% |
| 2026-01-08 | 22.03% |
| 2026-01-07 | 22.02% |
| 2026-01-06 | 22.03% |
| 2026-01-05 | 22.03% |
| 2026-01-02 | 22.03% |
| 2025-12-31 | 22.02% |
| 2025-12-30 | 22.02% |
| 2025-12-29 | 22.03% |
| 2025-12-26 | 22.02% |
| 2025-12-24 | 22.03% |
| 2025-12-23 | 22.02% |
| 2025-12-22 | 22.03% |
| 2025-12-19 | 22.03% |
| 2025-12-18 | 22.03% |
| 2025-12-17 | 22.03% |
| 2025-12-16 | 22.02% |
| 2025-12-15 | 22.03% |
| 2025-12-12 | 22.03% |
| 2025-12-11 | 22.03% |
| 2025-12-10 | 22.02% |
| 2025-12-09 | 22.03% |
| 2025-12-08 | 22.02% |
| 2025-12-05 | 22.03% |
| 2025-12-04 | 22.03% |
| 2025-12-03 | 22.03% |
| 2025-12-02 | 22.02% |
| 2025-12-01 | 22.02% |
| 2025-11-28 | 22.02% |
| 2025-11-26 | 22.03% |
| 2025-11-25 | 22.03% |
| 2025-11-24 | 22.03% |
| 2025-11-21 | 22.02% |
| 2025-11-20 | 22.02% |
| 2025-11-19 | 22.03% |
| 2025-11-18 | 22.03% |
| 2025-11-17 | 22.02% |
| 2025-11-14 | 22.02% |
| 2025-11-13 | 22.02% |
| 2025-11-12 | 22.03% |
| 2025-11-11 | 22.03% |
| 2025-11-10 | 22.03% |
| 2025-11-07 | 22.02% |
| 2025-11-06 | 22.03% |
| 2025-11-05 | 29.41% |
| 2025-11-04 | 29.41% |
| 2025-11-03 | 29.41% |
| 2025-10-31 | 29.41% |
| 2025-10-30 | 29.41% |
| 2025-10-29 | 29.41% |
| 2025-10-28 | 29.41% |
| 2025-10-27 | 29.41% |
| 2025-10-24 | 29.41% |
| 2025-10-23 | 29.41% |
| 2025-10-22 | 29.41% |
| 2025-10-21 | 29.41% |
| 2025-10-20 | 29.41% |
| 2025-10-17 | 29.41% |
| 2025-10-16 | 29.41% |
| 2025-10-15 | 29.41% |
| 2025-10-14 | 29.41% |
| 2025-10-13 | 29.41% |
| 2025-10-10 | 29.41% |
| 2025-10-09 | 29.41% |
| 2025-10-08 | 29.42% |
| 2025-10-07 | 29.41% |
| 2025-10-06 | 29.41% |
| 2025-10-03 | 29.41% |
| 2025-10-02 | 29.41% |
| 2025-10-01 | 29.41% |
| 2025-09-30 | 29.41% |
| 2025-09-29 | 29.41% |
| 2025-09-26 | 29.41% |
| 2025-09-25 | 29.41% |
| 2025-09-24 | 29.42% |
| 2025-09-23 | 29.41% |
| 2025-09-22 | 29.41% |
| 2025-09-19 | 29.41% |
| 2025-09-18 | 29.41% |
| 2025-09-17 | 29.41% |
| 2025-09-16 | 29.41% |
| 2025-09-15 | 29.41% |
| 2025-09-12 | 29.41% |
| 2025-09-11 | 29.41% |
| 2025-09-10 | 29.41% |
| 2025-09-09 | 29.41% |
| 2025-09-08 | 29.41% |
| 2025-09-05 | 29.41% |
| 2025-09-04 | 29.41% |
| 2025-09-03 | 29.41% |
| 2025-09-02 | 29.41% |
| 2025-08-29 | 29.41% |
| 2025-08-28 | 29.41% |
| 2025-08-27 | 29.42% |
| 2025-08-26 | 29.41% |
| 2025-08-25 | 29.41% |
| 2025-08-22 | 29.41% |
| 2025-08-21 | 29.41% |
| 2025-08-20 | 29.41% |
| 2025-08-19 | 29.42% |
| 2025-08-18 | 36.77% |
| 2025-08-15 | 29.41% |
| 2025-08-14 | 29.41% |
| 2025-08-13 | 29.41% |
| 2025-08-12 | 29.42% |
| 2025-08-11 | 29.41% |
| 2025-08-08 | 29.41% |
| 2025-08-07 | 29.41% |
| 2025-08-06 | 27.25% |
| 2025-08-05 | 27.25% |
| 2025-08-04 | 27.25% |
| 2025-08-01 | 27.25% |
| 2025-07-31 | 27.25% |
| 2025-07-30 | 27.24% |
| 2025-07-29 | 27.24% |
| 2025-07-28 | 27.25% |
| 2025-07-25 | 27.25% |
| 2025-07-24 | 27.25% |
| 2025-07-23 | 27.25% |
| 2025-07-22 | 27.25% |
| 2025-07-21 | 27.25% |
| 2025-07-18 | 27.25% |
| 2025-07-17 | 27.25% |
| 2025-07-16 | 27.25% |
Showing the most recent 260 of 1,982 data points. The chart above shows the full history.
| N/A (Loss) |
| 2019 | $2.92 | $3.75 | 128.4% |
| 2018 | $5.48 | $2.75 | 50.2% |
| 2017 | $7.32 | $2.00 | 27.3% |
| 2016 | $2.39 | $2.00 | 83.7% |
| 2015 | $1.93 | $3.00 | 155.4% |
| 2014 | $7.25 | $6.25 | 86.2% |
| 2013 | $7.25 | $7.00 | 96.6% |
| 2012 | $4.87 | $1.50 | 30.8% |
| 2011 | $4.94 | $1.50 | 30.4% |
| 2010 | $1.30 | $0.50 | 38.5% |
| 2009 | $0.17 | $4.00 | N/A |
| 2008 | $1.94 | $0.00 | 0.0% |
| 2007 | $1.85 | $6.00 | 324.3% |
| 2006 | $6.29 | $6.00 | 95.4% |
| 2005 | ($0.92) | $0.00 | N/A (Loss) |
| 2004 | ($2.37) | $0.00 | N/A (Loss) |
| 2003 | ($0.50) | $0.00 | N/A (Loss) |
| 2002 | ($0.80) | $0.00 | N/A (Loss) |
| 2001 | ($0.45) | $0.00 | N/A (Loss) |
| 2000 | ($0.28) | $0.00 | N/A (Loss) |
