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 53.01% is in line with its 5-year average of 48.76%, around the middle of its 5-year range (21.55%–68.82%).
As of Friday, September 4, 2026. 8.00% below its 12-month average of 57.62%.
Dividend Payout Ratio (53.01%) = TTM Dividends/Share ($4.12) / TTM EPS ($7.77)
DIVIDEND PAYOUT RATIO
53.01%
DIVIDEND PAYOUT RATIO AVG TTM
57.62%
DIVIDEND PAYOUT RATIO AVG 3Y
52.50%
DIVIDEND PAYOUT RATIO AVG 5Y
48.76%
DIVIDEND PAYOUT RATIO AVG 10Y
68.79%
DIVIDEND PAYOUT RATIO AVG 15Y
55.38%
DIVIDEND PAYOUT RATIO AVG 20Y
45.22%
CURRENT VS TTM AVG
-8.00%
CURRENT VS 3Y AVG
+0.98%
CURRENT VS 5Y AVG
+8.72%
CURRENT VS 10Y AVG
-22.94%
CURRENT VS 15Y AVG
-4.26%
CURRENT VS 20Y AVG
+17.23%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $6.70 | $4.00 | 59.7% |
| 2024-12-31 | $7.84 | $3.84 | 49.0% |
| 2023-12-31 | $8.89 | $3.68 | 41.4% |
| 2022-12-31 | $13.26 | $3.55 | 26.8% |
| 2021-12-31 | $5.39 | $3.49 | 64.7% |
| 2020-12-31 | ($5.25) |
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 | 53.01% |
| 2026-09-03 | 53.03% |
| 2026-09-02 | 53.03% |
| 2026-09-01 | 53.03% |
| 2026-08-31 | 53.01% |
| 2026-08-28 | 53.03% |
| 2026-08-27 | 53.01% |
| 2026-08-26 | 53.03% |
| 2026-08-25 | 53.01% |
| 2026-08-24 | 53.02% |
| 2026-08-21 | 53.03% |
| 2026-08-20 | 53.02% |
| 2026-08-19 | 53.03% |
| 2026-08-18 | 53.03% |
| 2026-08-17 | 53.02% |
| 2026-08-14 | 52.50% |
| 2026-08-13 | 52.50% |
| 2026-08-12 | 52.51% |
| 2026-08-11 | 52.52% |
| 2026-08-10 | 52.50% |
| 2026-08-07 | 52.52% |
| 2026-08-06 | 52.52% |
| 2026-08-05 | 52.50% |
| 2026-08-04 | 52.50% |
| 2026-08-03 | 52.52% |
| 2026-07-31 | 68.80% |
| 2026-07-30 | 68.80% |
| 2026-07-29 | 68.79% |
| 2026-07-28 | 68.81% |
| 2026-07-27 | 68.80% |
| 2026-07-24 | 68.81% |
| 2026-07-23 | 68.81% |
| 2026-07-22 | 68.81% |
| 2026-07-21 | 68.79% |
| 2026-07-20 | 68.81% |
| 2026-07-17 | 68.80% |
| 2026-07-16 | 68.80% |
| 2026-07-15 | 68.80% |
| 2026-07-14 | 68.81% |
| 2026-07-13 | 68.80% |
| 2026-07-10 | 68.80% |
| 2026-07-09 | 68.80% |
| 2026-07-08 | 68.80% |
| 2026-07-07 | 68.79% |
| 2026-07-06 | 68.81% |
| 2026-07-02 | 68.81% |
| 2026-07-01 | 68.80% |
| 2026-06-30 | 68.82% |
| 2026-06-29 | 68.79% |
| 2026-06-26 | 68.82% |
| 2026-06-25 | 68.82% |
| 2026-06-24 | 68.81% |
| 2026-06-23 | 68.79% |
| 2026-06-22 | 68.80% |
| 2026-06-18 | 68.80% |
| 2026-06-17 | 68.79% |
| 2026-06-16 | 68.80% |
| 2026-06-15 | 68.79% |
| 2026-06-12 | 68.80% |
| 2026-06-11 | 68.80% |
| 2026-06-10 | 68.80% |
| 2026-06-09 | 68.80% |
| 2026-06-08 | 68.80% |
| 2026-06-05 | 68.80% |
| 2026-06-04 | 68.81% |
| 2026-06-03 | 68.80% |
| 2026-06-02 | 68.80% |
| 2026-06-01 | 68.80% |
| 2026-05-29 | 68.81% |
| 2026-05-28 | 68.80% |
| 2026-05-27 | 68.80% |
| 2026-05-26 | 68.79% |
| 2026-05-22 | 68.79% |
| 2026-05-21 | 68.81% |
| 2026-05-20 | 68.79% |
| 2026-05-19 | 68.80% |
| 2026-05-18 | 68.79% |
| 2026-05-15 | 68.80% |
| 2026-05-14 | 68.12% |
| 2026-05-13 | 68.13% |
| 2026-05-12 | 68.12% |
| 2026-05-11 | 68.13% |
| 2026-05-08 | 68.13% |
| 2026-05-07 | 68.13% |
| 2026-05-06 | 68.12% |
| 2026-05-05 | 68.13% |
| 2026-05-04 | 68.14% |
| 2026-05-01 | 60.38% |
| 2026-04-30 | 60.39% |
| 2026-04-29 | 60.39% |
| 2026-04-28 | 60.40% |
| 2026-04-27 | 60.39% |
| 2026-04-24 | 60.39% |
| 2026-04-23 | 60.39% |
| 2026-04-22 | 60.40% |
| 2026-04-21 | 60.40% |
| 2026-04-20 | 60.38% |
| 2026-04-17 | 60.39% |
| 2026-04-16 | 60.40% |
| 2026-04-15 | 60.38% |
| 2026-04-14 | 60.39% |
| 2026-04-13 | 60.40% |
| 2026-04-10 | 60.40% |
| 2026-04-09 | 60.38% |
| 2026-04-08 | 60.39% |
| 2026-04-07 | 60.39% |
| 2026-04-06 | 60.39% |
| 2026-04-02 | 60.39% |
| 2026-04-01 | 60.38% |
| 2026-03-31 | 60.39% |
| 2026-03-30 | 60.39% |
| 2026-03-27 | 60.39% |
| 2026-03-26 | 60.39% |
| 2026-03-25 | 60.38% |
| 2026-03-24 | 60.39% |
| 2026-03-23 | 60.40% |
| 2026-03-20 | 60.40% |
| 2026-03-19 | 60.39% |
| 2026-03-18 | 60.40% |
| 2026-03-17 | 60.39% |
| 2026-03-16 | 60.38% |
| 2026-03-13 | 60.40% |
| 2026-03-12 | 60.39% |
| 2026-03-11 | 60.39% |
| 2026-03-10 | 60.38% |
| 2026-03-09 | 60.40% |
| 2026-03-06 | 60.38% |
| 2026-03-05 | 60.40% |
| 2026-03-04 | 60.38% |
| 2026-03-03 | 60.40% |
| 2026-03-02 | 60.38% |
| 2026-02-27 | 60.40% |
| 2026-02-26 | 60.38% |
| 2026-02-25 | 60.39% |
| 2026-02-24 | 60.39% |
| 2026-02-23 | 60.40% |
| 2026-02-20 | 60.38% |
| 2026-02-19 | 60.40% |
| 2026-02-18 | 60.38% |
| 2026-02-17 | 58.72% |
| 2026-02-13 | 58.73% |
| 2026-02-12 | 58.72% |
| 2026-02-11 | 58.14% |
| 2026-02-10 | 58.13% |
| 2026-02-09 | 58.14% |
| 2026-02-06 | 58.13% |
| 2026-02-05 | 58.13% |
| 2026-02-04 | 58.13% |
| 2026-02-03 | 58.14% |
| 2026-02-02 | 58.15% |
| 2026-01-30 | 58.13% |
| 2026-01-29 | 58.13% |
| 2026-01-28 | 58.15% |
| 2026-01-27 | 58.15% |
| 2026-01-26 | 58.14% |
| 2026-01-23 | 58.15% |
| 2026-01-22 | 58.13% |
| 2026-01-21 | 58.14% |
| 2026-01-20 | 58.13% |
| 2026-01-16 | 58.14% |
| 2026-01-15 | 58.14% |
| 2026-01-14 | 58.13% |
| 2026-01-13 | 58.13% |
| 2026-01-12 | 58.15% |
| 2026-01-09 | 58.13% |
| 2026-01-08 | 58.12% |
| 2026-01-07 | 58.13% |
| 2026-01-06 | 58.12% |
| 2026-01-05 | 58.14% |
| 2026-01-02 | 58.15% |
| 2025-12-31 | 58.14% |
| 2025-12-30 | 58.15% |
| 2025-12-29 | 58.14% |
| 2025-12-26 | 58.13% |
| 2025-12-24 | 58.14% |
| 2025-12-23 | 58.15% |
| 2025-12-22 | 58.13% |
| 2025-12-19 | 58.14% |
| 2025-12-18 | 58.14% |
| 2025-12-17 | 58.16% |
| 2025-12-16 | 58.14% |
| 2025-12-15 | 58.15% |
| 2025-12-12 | 58.14% |
| 2025-12-11 | 58.16% |
| 2025-12-10 | 58.16% |
| 2025-12-09 | 58.15% |
| 2025-12-08 | 58.15% |
| 2025-12-05 | 58.14% |
| 2025-12-04 | 58.15% |
| 2025-12-03 | 58.13% |
| 2025-12-02 | 58.14% |
| 2025-12-01 | 58.13% |
| 2025-11-28 | 58.14% |
| 2025-11-26 | 58.13% |
| 2025-11-25 | 58.13% |
| 2025-11-24 | 58.15% |
| 2025-11-21 | 58.15% |
| 2025-11-20 | 58.14% |
| 2025-11-19 | 58.15% |
| 2025-11-18 | 58.14% |
| 2025-11-17 | 58.12% |
| 2025-11-14 | 58.14% |
| 2025-11-13 | 57.57% |
| 2025-11-12 | 57.56% |
| 2025-11-11 | 57.56% |
| 2025-11-10 | 57.55% |
| 2025-11-07 | 57.57% |
| 2025-11-06 | 57.55% |
| 2025-11-05 | 57.55% |
| 2025-11-04 | 57.56% |
| 2025-11-03 | 57.54% |
| 2025-10-31 | 56.24% |
| 2025-10-30 | 56.25% |
| 2025-10-29 | 56.25% |
| 2025-10-28 | 56.25% |
| 2025-10-27 | 56.25% |
| 2025-10-24 | 56.25% |
| 2025-10-23 | 56.23% |
| 2025-10-22 | 56.24% |
| 2025-10-21 | 56.25% |
| 2025-10-20 | 56.26% |
| 2025-10-17 | 56.24% |
| 2025-10-16 | 56.26% |
| 2025-10-15 | 56.24% |
| 2025-10-14 | 56.25% |
| 2025-10-13 | 56.24% |
| 2025-10-10 | 56.25% |
| 2025-10-09 | 56.26% |
| 2025-10-08 | 56.26% |
| 2025-10-07 | 56.25% |
| 2025-10-06 | 56.24% |
| 2025-10-03 | 56.26% |
| 2025-10-02 | 56.26% |
| 2025-10-01 | 56.26% |
| 2025-09-30 | 56.27% |
| 2025-09-29 | 56.23% |
| 2025-09-26 | 56.25% |
| 2025-09-25 | 56.25% |
| 2025-09-24 | 56.24% |
| 2025-09-23 | 56.26% |
| 2025-09-22 | 56.24% |
| 2025-09-19 | 56.27% |
| 2025-09-18 | 56.24% |
| 2025-09-17 | 56.26% |
| 2025-09-16 | 56.25% |
| 2025-09-15 | 56.25% |
| 2025-09-12 | 56.24% |
| 2025-09-11 | 56.25% |
| 2025-09-10 | 56.25% |
| 2025-09-09 | 56.26% |
| 2025-09-08 | 56.24% |
| 2025-09-05 | 56.27% |
| 2025-09-04 | 56.26% |
| 2025-09-03 | 56.26% |
| 2025-09-02 | 56.25% |
| 2025-08-29 | 56.23% |
| 2025-08-28 | 56.25% |
| 2025-08-27 | 56.27% |
| 2025-08-26 | 56.26% |
| 2025-08-25 | 56.24% |
Showing the most recent 260 of 2,528 data points. The chart above shows the full history.
| $3.48 |
| N/A (Loss) |
| 2019-12-31 | $3.36 | $3.43 | 102.1% |
| 2018-12-31 | $4.92 | $3.23 | 65.7% |
| 2017-12-31 | $4.63 | $3.06 | 66.1% |
| 2016-12-31 | $1.88 | $2.98 | 158.5% |
| 2015-12-31 | $3.85 | $2.88 | 74.8% |
| 2014-12-31 | $7.59 | $2.70 | 35.6% |
| 2013-12-31 | $7.37 | $2.46 | 33.4% |
| 2012-12-31 | $9.70 | $2.18 | 22.5% |
| 2011-12-31 | $8.43 | $1.85 | 21.9% |
| 2010-12-31 | $6.24 | $1.74 | 27.9% |
| 2009-12-31 | $3.99 | $1.66 | 41.6% |
| 2008-12-31 | $8.78 | $1.55 | 17.7% |
| 2007-12-31 | $7.36 | $1.37 | 18.6% |
| 2006-12-31 | $6.68 | $1.28 | 19.2% |
| 2005-12-31 | $5.76 | $1.14 | 19.8% |
| 2004-12-31 | $3.91 | $1.06 | 27.1% |
| 2003-12-31 | $3.24 | $0.98 | 30.2% |
| 2002-12-31 | $1.69 | $0.92 | 54.4% |
| 2001-12-31 | $2.23 | $0.91 | 40.8% |
| 2000-12-31 | $2.55 | $0.88 | 34.5% |
| 1999-12-31 | $1.14 | $0.83 | 73.2% |
| 1998-12-31 | $1.31 | $0.82 | 62.6% |
| 1997-12-31 | $1.71 | $0.81 | 47.5% |
| 1996-12-31 | $1.51 | $0.78 | 51.7% |
