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 37.41% is 36% below its 5-year average of 58.72%, near the low end of its 5-year range (27.71%–211.50%).
As of Tuesday, August 4, 2026. 18.43% below its 12-month average of 45.87%.
Dividend Payout Ratio (37.41%) = TTM Dividends/Share ($0.70) / TTM EPS ($1.88)
DIVIDEND PAYOUT RATIO
37.41%
DIVIDEND PAYOUT RATIO AVG TTM
45.87%
DIVIDEND PAYOUT RATIO AVG 3Y
44.81%
DIVIDEND PAYOUT RATIO AVG 5Y
47.82%
DIVIDEND PAYOUT RATIO AVG 10Y
56.55%
DIVIDEND PAYOUT RATIO AVG 15Y
48.60%
DIVIDEND PAYOUT RATIO AVG 20Y
33.99%
CURRENT VS TTM AVG
-18.43%
CURRENT VS 3Y AVG
-16.50%
CURRENT VS 5Y AVG
-21.76%
CURRENT VS 10Y AVG
-33.84%
CURRENT VS 15Y AVG
-23.01%
CURRENT VS 20Y AVG
+10.07%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $1.26 | $0.70 | 55.9% |
| 2024 | $2.38 | $0.69 | 29.0% |
| 2023 | $0.37 | $0.66 | 179.4% |
| 2022 | ($0.82) | $0.63 | N/A (Loss) |
| 2021 | ($0.61) | $0.60 | N/A (Loss) |
| 2020 | $0.07 | $0.57 |
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 | 37.41% |
| 2026-07-31 | 46.80% |
| 2026-07-30 | 37.44% |
| 2026-07-29 | 37.42% |
| 2026-07-28 | 37.44% |
| 2026-07-27 | 37.44% |
| 2026-07-24 | 37.42% |
| 2026-07-23 | 37.44% |
| 2026-07-22 | 37.42% |
| 2026-07-21 | 37.42% |
| 2026-07-20 | 37.43% |
| 2026-07-17 | 37.45% |
| 2026-07-16 | 37.43% |
| 2026-07-15 | 37.45% |
| 2026-07-14 | 37.43% |
| 2026-07-13 | 37.43% |
| 2026-07-10 | 37.43% |
| 2026-07-09 | 37.46% |
| 2026-07-08 | 37.45% |
| 2026-07-07 | 37.45% |
| 2026-07-06 | 37.44% |
| 2026-07-02 | 37.46% |
| 2026-07-01 | 37.45% |
| 2026-06-30 | 37.45% |
| 2026-06-29 | 37.43% |
| 2026-06-26 | 37.42% |
| 2026-06-25 | 37.45% |
| 2026-06-24 | 37.44% |
| 2026-06-23 | 37.44% |
| 2026-06-22 | 37.42% |
| 2026-06-18 | 37.45% |
| 2026-06-17 | 37.43% |
| 2026-06-16 | 37.45% |
| 2026-06-15 | 37.44% |
| 2026-06-12 | 37.44% |
| 2026-06-11 | 37.42% |
| 2026-06-10 | 37.43% |
| 2026-06-09 | 37.45% |
| 2026-06-08 | 37.41% |
| 2026-06-05 | 37.42% |
| 2026-06-04 | 37.46% |
| 2026-06-03 | 37.41% |
| 2026-06-02 | 37.44% |
| 2026-06-01 | 37.44% |
| 2026-05-29 | 37.42% |
| 2026-05-28 | 37.42% |
| 2026-05-27 | 37.44% |
| 2026-05-26 | 37.42% |
| 2026-05-22 | 37.44% |
| 2026-05-21 | 37.42% |
| 2026-05-20 | 37.46% |
| 2026-05-19 | 37.44% |
| 2026-05-18 | 37.44% |
| 2026-05-15 | 37.45% |
| 2026-05-14 | 37.43% |
| 2026-05-13 | 37.46% |
| 2026-05-12 | 37.44% |
| 2026-05-11 | 37.42% |
| 2026-05-08 | 37.42% |
| 2026-05-07 | 37.43% |
| 2026-05-06 | 37.45% |
| 2026-05-05 | 37.42% |
| 2026-05-04 | 55.40% |
| 2026-05-01 | 55.40% |
| 2026-04-30 | 55.43% |
| 2026-04-29 | 55.43% |
| 2026-04-28 | 55.41% |
| 2026-04-27 | 55.42% |
| 2026-04-24 | 55.42% |
| 2026-04-23 | 55.43% |
| 2026-04-22 | 55.43% |
| 2026-04-21 | 55.42% |
| 2026-04-20 | 55.41% |
| 2026-04-17 | 55.40% |
| 2026-04-16 | 55.43% |
| 2026-04-15 | 55.43% |
| 2026-04-14 | 55.42% |
| 2026-04-13 | 55.42% |
| 2026-04-10 | 55.41% |
| 2026-04-09 | 55.43% |
| 2026-04-08 | 55.42% |
| 2026-04-07 | 55.41% |
| 2026-04-06 | 55.40% |
| 2026-04-02 | 55.42% |
| 2026-04-01 | 55.41% |
| 2026-03-31 | 55.39% |
| 2026-03-30 | 55.42% |
| 2026-03-27 | 55.40% |
| 2026-03-26 | 55.41% |
| 2026-03-25 | 55.41% |
| 2026-03-24 | 55.44% |
| 2026-03-23 | 55.43% |
| 2026-03-20 | 55.41% |
| 2026-03-19 | 55.41% |
| 2026-03-18 | 55.44% |
| 2026-03-17 | 55.41% |
| 2026-03-16 | 55.41% |
| 2026-03-13 | 55.40% |
| 2026-03-12 | 55.43% |
| 2026-03-11 | 55.39% |
| 2026-03-10 | 55.42% |
| 2026-03-09 | 55.40% |
| 2026-03-06 | 55.41% |
| 2026-03-05 | 55.43% |
| 2026-03-04 | 55.41% |
| 2026-03-03 | 55.44% |
| 2026-03-02 | 55.42% |
| 2026-02-27 | 43.99% |
| 2026-02-26 | 44.00% |
| 2026-02-25 | 43.98% |
| 2026-02-24 | 43.99% |
| 2026-02-23 | 43.98% |
| 2026-02-20 | 43.99% |
| 2026-02-19 | 44.01% |
| 2026-02-18 | 43.98% |
| 2026-02-17 | 43.97% |
| 2026-02-13 | 44.01% |
| 2026-02-12 | 43.97% |
| 2026-02-11 | 44.01% |
| 2026-02-10 | 44.00% |
| 2026-02-09 | 44.00% |
| 2026-02-06 | 43.98% |
| 2026-02-05 | 43.97% |
| 2026-02-04 | 43.97% |
| 2026-02-03 | 44.00% |
| 2026-02-02 | 44.01% |
| 2026-01-30 | 55.01% |
| 2026-01-29 | 43.99% |
| 2026-01-28 | 43.97% |
| 2026-01-27 | 43.96% |
| 2026-01-26 | 44.00% |
| 2026-01-23 | 44.01% |
| 2026-01-22 | 43.98% |
| 2026-01-21 | 43.99% |
| 2026-01-20 | 44.01% |
| 2026-01-16 | 43.99% |
| 2026-01-15 | 43.96% |
| 2026-01-14 | 43.99% |
| 2026-01-13 | 43.98% |
| 2026-01-12 | 43.96% |
| 2026-01-09 | 43.99% |
| 2026-01-08 | 44.00% |
| 2026-01-07 | 43.98% |
| 2026-01-06 | 43.98% |
| 2026-01-05 | 44.01% |
| 2026-01-02 | 43.98% |
| 2025-12-31 | 43.98% |
| 2025-12-30 | 43.98% |
| 2025-12-29 | 43.98% |
| 2025-12-26 | 43.97% |
| 2025-12-24 | 44.01% |
| 2025-12-23 | 44.00% |
| 2025-12-22 | 43.97% |
| 2025-12-19 | 44.01% |
| 2025-12-18 | 43.99% |
| 2025-12-17 | 43.96% |
| 2025-12-16 | 43.97% |
| 2025-12-15 | 43.97% |
| 2025-12-12 | 43.97% |
| 2025-12-11 | 43.99% |
| 2025-12-10 | 44.01% |
| 2025-12-09 | 44.01% |
| 2025-12-08 | 43.97% |
| 2025-12-05 | 43.99% |
| 2025-12-04 | 44.01% |
| 2025-12-03 | 43.99% |
| 2025-12-02 | 44.01% |
| 2025-12-01 | 43.97% |
| 2025-11-28 | 44.00% |
| 2025-11-26 | 43.97% |
| 2025-11-25 | 43.98% |
| 2025-11-24 | 44.01% |
| 2025-11-21 | 43.97% |
| 2025-11-20 | 43.97% |
| 2025-11-19 | 44.01% |
| 2025-11-18 | 43.96% |
| 2025-11-17 | 43.99% |
| 2025-11-14 | 44.00% |
| 2025-11-13 | 43.97% |
| 2025-11-12 | 43.97% |
| 2025-11-11 | 43.99% |
| 2025-11-10 | 43.98% |
| 2025-11-07 | 43.98% |
| 2025-11-06 | 43.99% |
| 2025-11-05 | 44.00% |
| 2025-11-04 | 43.99% |
| 2025-11-03 | 49.56% |
| 2025-10-31 | 61.73% |
| 2025-10-30 | 49.30% |
| 2025-10-29 | 49.32% |
| 2025-10-28 | 49.31% |
| 2025-10-27 | 49.30% |
| 2025-10-24 | 49.34% |
| 2025-10-23 | 49.32% |
| 2025-10-22 | 49.30% |
| 2025-10-21 | 49.30% |
| 2025-10-20 | 49.32% |
| 2025-10-17 | 49.33% |
| 2025-10-16 | 49.34% |
| 2025-10-15 | 49.33% |
| 2025-10-14 | 49.30% |
| 2025-10-13 | 49.33% |
| 2025-10-10 | 49.33% |
| 2025-10-09 | 49.32% |
| 2025-10-08 | 49.31% |
| 2025-10-07 | 49.32% |
| 2025-10-06 | 49.32% |
| 2025-10-03 | 49.33% |
| 2025-10-02 | 49.30% |
| 2025-10-01 | 49.30% |
| 2025-09-30 | 49.33% |
| 2025-09-29 | 49.33% |
| 2025-09-26 | 49.30% |
| 2025-09-25 | 49.34% |
| 2025-09-24 | 49.33% |
| 2025-09-23 | 49.30% |
| 2025-09-22 | 49.34% |
| 2025-09-19 | 49.32% |
| 2025-09-18 | 49.32% |
| 2025-09-17 | 49.32% |
| 2025-09-16 | 49.30% |
| 2025-09-15 | 49.34% |
| 2025-09-12 | 49.32% |
| 2025-09-11 | 49.32% |
| 2025-09-10 | 49.29% |
| 2025-09-09 | 49.33% |
| 2025-09-08 | 49.33% |
| 2025-09-05 | 49.34% |
| 2025-09-04 | 49.31% |
| 2025-09-03 | 49.34% |
| 2025-09-02 | 49.30% |
| 2025-08-29 | 49.35% |
| 2025-08-28 | 49.31% |
| 2025-08-27 | 49.33% |
| 2025-08-26 | 49.30% |
| 2025-08-25 | 49.32% |
| 2025-08-22 | 49.32% |
| 2025-08-21 | 49.30% |
| 2025-08-20 | 49.34% |
| 2025-08-19 | 49.34% |
| 2025-08-18 | 49.33% |
| 2025-08-15 | 49.30% |
| 2025-08-14 | 49.31% |
| 2025-08-13 | 49.32% |
| 2025-08-12 | 49.31% |
| 2025-08-11 | 49.30% |
| 2025-08-08 | 49.32% |
| 2025-08-07 | 49.32% |
| 2025-08-06 | 49.31% |
| 2025-08-05 | 49.29% |
| 2025-08-04 | 49.33% |
| 2025-08-01 | 49.34% |
| 2025-07-31 | 35.40% |
| 2025-07-30 | 35.38% |
| 2025-07-29 | 35.39% |
| 2025-07-28 | 35.39% |
| 2025-07-25 | 35.40% |
| 2025-07-24 | 35.40% |
| 2025-07-23 | 35.39% |
| 2025-07-22 | 35.37% |
Showing the most recent 260 of 1,884 data points. The chart above shows the full history.
| 818.9% |
| 2019 | $0.46 | $0.55 | 118.7% |
| 2018 | $1.82 | $0.52 | 28.6% |
| 2017 | ($1.76) | $0.48 | N/A (Loss) |
| 2016 | ($1.72) | $0.44 | N/A (Loss) |
| 2015 | $0.45 | $0.40 | 88.9% |
| 2014 | $1.07 | $0.20 | 18.7% |
| 2013 | $0.15 | $0.16 | 106.7% |
| 2012 | ($1.21) | $0.04 | N/A (Loss) |
| 2011 | $0.07 | $0.00 | 0.0% |
| 2010 | $0.01 | $0.00 | 0.0% |
| 2009 | $0.99 | $0.00 | 0.0% |
| 2008 | $1.84 | $0.00 | 0.0% |
| 2007 | ($0.14) | $0.00 | N/A (Loss) |
| 2006 | $0.37 | $0.00 | 0.0% |
| 2005 | $0.84 | $0.00 | 0.0% |
| 2004 | $0.47 | $0.00 | 0.0% |
| 2003 | ($0.78) | $0.00 | N/A (Loss) |
| 2002 | ($7.50) | $0.00 | N/A (Loss) |
| 2001 | $0.36 | $0.00 | 0.0% |
| 2000 | $1.76 | $0.00 | 0.0% |
| 1999 | $0.60 | $0.00 | 0.0% |
| 1998 | $0.88 | $0.00 | 0.0% |
| 1997 | $0.56 | $0.00 | 0.0% |
| 1996 | $0.42 | $0.00 | 0.0% |