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 27.17% is in line with its 5-year average of 27.05%, near the low end of its 5-year range (14.67%–62.09%).
As of Sunday, July 26, 2026. 24.08% below its 12-month average of 35.79%.
Dividend Payout Ratio (27.17%) = TTM Dividends/Share ($2.38) / TTM EPS ($8.76)
DIVIDEND PAYOUT RATIO
27.17%
DIVIDEND PAYOUT RATIO AVG TTM
35.79%
DIVIDEND PAYOUT RATIO AVG 3Y
29.87%
DIVIDEND PAYOUT RATIO AVG 5Y
24.87%
DIVIDEND PAYOUT RATIO AVG 10Y
24.02%
DIVIDEND PAYOUT RATIO AVG 15Y
24.26%
DIVIDEND PAYOUT RATIO AVG 20Y
24.73%
CURRENT VS TTM AVG
-24.08%
CURRENT VS 3Y AVG
-9.02%
CURRENT VS 5Y AVG
+9.28%
CURRENT VS 10Y AVG
+13.13%
CURRENT VS 15Y AVG
+12.02%
CURRENT VS 20Y AVG
+9.89%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $6.86 | $2.32 | 33.8% |
| 2024 | $9.68 | $2.00 | 20.7% |
| 2023 | $7.81 | $1.68 | 21.5% |
| 2022 | $6.96 | $1.60 | 23.0% |
| 2021 | $6.42 | $1.32 | 20.6% |
| 2020 | $6.69 | $1.12 |
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 | 27.17% |
| 2026-07-23 | 27.16% |
| 2026-07-22 | 27.17% |
| 2026-07-21 | 27.17% |
| 2026-07-20 | 27.16% |
| 2026-07-17 | 27.17% |
| 2026-07-16 | 27.16% |
| 2026-07-15 | 27.16% |
| 2026-07-14 | 27.16% |
| 2026-07-13 | 27.18% |
| 2026-07-10 | 27.18% |
| 2026-07-09 | 27.18% |
| 2026-07-08 | 27.16% |
| 2026-07-07 | 27.17% |
| 2026-07-06 | 27.16% |
| 2026-07-02 | 27.17% |
| 2026-07-01 | 27.18% |
| 2026-06-30 | 27.16% |
| 2026-06-29 | 27.17% |
| 2026-06-26 | 27.18% |
| 2026-06-25 | 27.18% |
| 2026-06-24 | 27.17% |
| 2026-06-23 | 27.17% |
| 2026-06-22 | 27.16% |
| 2026-06-18 | 27.17% |
| 2026-06-17 | 27.17% |
| 2026-06-16 | 27.16% |
| 2026-06-15 | 27.17% |
| 2026-06-12 | 27.17% |
| 2026-06-11 | 27.16% |
| 2026-06-10 | 27.17% |
| 2026-06-09 | 27.17% |
| 2026-06-08 | 27.18% |
| 2026-06-05 | 27.17% |
| 2026-06-04 | 27.17% |
| 2026-06-03 | 27.17% |
| 2026-06-02 | 27.17% |
| 2026-06-01 | 27.17% |
| 2026-05-29 | 27.16% |
| 2026-05-28 | 27.17% |
| 2026-05-27 | 27.17% |
| 2026-05-26 | 27.18% |
| 2026-05-22 | 27.16% |
| 2026-05-21 | 27.17% |
| 2026-05-20 | 33.79% |
| 2026-05-19 | 26.83% |
| 2026-05-18 | 26.83% |
| 2026-05-15 | 26.82% |
| 2026-05-14 | 26.83% |
| 2026-05-13 | 26.82% |
| 2026-05-12 | 26.83% |
| 2026-05-11 | 26.82% |
| 2026-05-08 | 26.82% |
| 2026-05-07 | 26.83% |
| 2026-05-06 | 26.84% |
| 2026-05-05 | 34.39% |
| 2026-05-04 | 34.40% |
| 2026-05-01 | 34.39% |
| 2026-04-30 | 34.40% |
| 2026-04-29 | 34.40% |
| 2026-04-28 | 34.39% |
| 2026-04-27 | 34.39% |
| 2026-04-24 | 34.38% |
| 2026-04-23 | 34.40% |
| 2026-04-22 | 34.38% |
| 2026-04-21 | 34.39% |
| 2026-04-20 | 34.39% |
| 2026-04-17 | 34.39% |
| 2026-04-16 | 34.39% |
| 2026-04-15 | 34.38% |
| 2026-04-14 | 34.39% |
| 2026-04-13 | 34.39% |
| 2026-04-10 | 34.39% |
| 2026-04-09 | 34.40% |
| 2026-04-08 | 34.40% |
| 2026-04-07 | 34.38% |
| 2026-04-06 | 34.40% |
| 2026-04-02 | 34.39% |
| 2026-04-01 | 34.40% |
| 2026-03-31 | 34.40% |
| 2026-03-30 | 34.39% |
| 2026-03-27 | 34.39% |
| 2026-03-26 | 34.40% |
| 2026-03-25 | 34.39% |
| 2026-03-24 | 34.39% |
| 2026-03-23 | 34.40% |
| 2026-03-20 | 34.40% |
| 2026-03-19 | 34.38% |
| 2026-03-18 | 34.38% |
| 2026-03-17 | 34.40% |
| 2026-03-16 | 34.40% |
| 2026-03-13 | 34.39% |
| 2026-03-12 | 34.38% |
| 2026-03-11 | 34.39% |
| 2026-03-10 | 34.39% |
| 2026-03-09 | 34.38% |
| 2026-03-06 | 34.40% |
| 2026-03-05 | 34.39% |
| 2026-03-04 | 34.39% |
| 2026-03-03 | 34.38% |
| 2026-03-02 | 34.39% |
| 2026-02-27 | 34.40% |
| 2026-02-26 | 34.39% |
| 2026-02-25 | 34.40% |
| 2026-02-24 | 30.68% |
| 2026-02-23 | 30.66% |
| 2026-02-20 | 30.67% |
| 2026-02-19 | 30.66% |
| 2026-02-18 | 38.24% |
| 2026-02-17 | 30.27% |
| 2026-02-13 | 30.28% |
| 2026-02-12 | 30.27% |
| 2026-02-11 | 30.27% |
| 2026-02-10 | 30.27% |
| 2026-02-09 | 30.27% |
| 2026-02-06 | 30.28% |
| 2026-02-05 | 30.28% |
| 2026-02-04 | 30.28% |
| 2026-02-03 | 30.27% |
| 2026-02-02 | 30.28% |
| 2026-01-30 | 30.28% |
| 2026-01-29 | 30.27% |
| 2026-01-28 | 30.27% |
| 2026-01-27 | 30.27% |
| 2026-01-26 | 30.28% |
| 2026-01-23 | 30.26% |
| 2026-01-22 | 30.27% |
| 2026-01-21 | 30.28% |
| 2026-01-20 | 30.28% |
| 2026-01-16 | 30.27% |
| 2026-01-15 | 30.27% |
| 2026-01-14 | 30.28% |
| 2026-01-13 | 30.28% |
| 2026-01-12 | 30.28% |
| 2026-01-09 | 30.28% |
| 2026-01-08 | 30.28% |
| 2026-01-07 | 30.28% |
| 2026-01-06 | 30.27% |
| 2026-01-05 | 30.27% |
| 2026-01-02 | 30.28% |
| 2025-12-31 | 30.28% |
| 2025-12-30 | 30.28% |
| 2025-12-29 | 30.28% |
| 2025-12-26 | 30.27% |
| 2025-12-24 | 30.28% |
| 2025-12-23 | 30.28% |
| 2025-12-22 | 30.27% |
| 2025-12-19 | 30.27% |
| 2025-12-18 | 30.27% |
| 2025-12-17 | 30.28% |
| 2025-12-16 | 30.28% |
| 2025-12-15 | 30.27% |
| 2025-12-12 | 30.27% |
| 2025-12-11 | 30.27% |
| 2025-12-10 | 30.28% |
| 2025-12-09 | 30.28% |
| 2025-12-08 | 30.27% |
| 2025-12-05 | 30.27% |
| 2025-12-04 | 30.28% |
| 2025-12-03 | 30.28% |
| 2025-12-02 | 30.27% |
| 2025-12-01 | 30.28% |
| 2025-11-28 | 30.29% |
| 2025-11-26 | 30.28% |
| 2025-11-25 | 30.28% |
| 2025-11-24 | 30.27% |
| 2025-11-21 | 30.27% |
| 2025-11-20 | 30.28% |
| 2025-11-19 | 36.81% |
| 2025-11-18 | 29.22% |
| 2025-11-17 | 29.23% |
| 2025-11-14 | 29.23% |
| 2025-11-13 | 29.23% |
| 2025-11-12 | 29.24% |
| 2025-11-11 | 29.23% |
| 2025-11-10 | 29.23% |
| 2025-11-07 | 29.23% |
| 2025-11-06 | 29.24% |
| 2025-11-05 | 29.24% |
| 2025-11-04 | 50.77% |
| 2025-11-03 | 50.76% |
| 2025-10-31 | 50.76% |
| 2025-10-30 | 50.76% |
| 2025-10-29 | 50.75% |
| 2025-10-28 | 50.75% |
| 2025-10-27 | 50.76% |
| 2025-10-24 | 50.76% |
| 2025-10-23 | 50.76% |
| 2025-10-22 | 50.76% |
| 2025-10-21 | 50.75% |
| 2025-10-20 | 50.76% |
| 2025-10-17 | 50.76% |
| 2025-10-16 | 50.77% |
| 2025-10-15 | 50.75% |
| 2025-10-14 | 50.76% |
| 2025-10-13 | 50.77% |
| 2025-10-10 | 50.76% |
| 2025-10-09 | 50.76% |
| 2025-10-08 | 50.77% |
| 2025-10-07 | 50.76% |
| 2025-10-06 | 50.76% |
| 2025-10-03 | 50.75% |
| 2025-10-02 | 50.75% |
| 2025-10-01 | 50.77% |
| 2025-09-30 | 50.76% |
| 2025-09-29 | 50.75% |
| 2025-09-26 | 50.75% |
| 2025-09-25 | 50.76% |
| 2025-09-24 | 50.76% |
| 2025-09-23 | 50.77% |
| 2025-09-22 | 50.76% |
| 2025-09-19 | 50.75% |
| 2025-09-18 | 50.75% |
| 2025-09-17 | 50.76% |
| 2025-09-16 | 50.76% |
| 2025-09-15 | 50.77% |
| 2025-09-12 | 50.76% |
| 2025-09-11 | 50.76% |
| 2025-09-10 | 50.76% |
| 2025-09-09 | 50.75% |
| 2025-09-08 | 50.77% |
| 2025-09-05 | 50.76% |
| 2025-09-04 | 50.76% |
| 2025-09-03 | 50.76% |
| 2025-09-02 | 50.75% |
| 2025-08-29 | 50.75% |
| 2025-08-28 | 50.75% |
| 2025-08-27 | 50.76% |
| 2025-08-26 | 50.76% |
| 2025-08-25 | 50.75% |
| 2025-08-22 | 50.76% |
| 2025-08-21 | 50.77% |
| 2025-08-20 | 62.09% |
| 2025-08-19 | 48.94% |
| 2025-08-18 | 48.96% |
| 2025-08-15 | 48.95% |
| 2025-08-14 | 48.94% |
| 2025-08-13 | 48.94% |
| 2025-08-12 | 48.94% |
| 2025-08-11 | 48.96% |
| 2025-08-08 | 48.95% |
| 2025-08-07 | 48.95% |
| 2025-08-06 | 48.94% |
| 2025-08-05 | 48.96% |
| 2025-08-04 | 33.73% |
| 2025-08-01 | 33.74% |
| 2025-07-31 | 33.74% |
| 2025-07-30 | 33.74% |
| 2025-07-29 | 33.74% |
| 2025-07-28 | 33.74% |
| 2025-07-25 | 33.73% |
| 2025-07-24 | 33.73% |
| 2025-07-23 | 33.74% |
| 2025-07-22 | 33.74% |
| 2025-07-21 | 33.73% |
| 2025-07-18 | 33.73% |
| 2025-07-17 | 33.74% |
| 2025-07-16 | 33.73% |
| 2025-07-15 | 33.72% |
| 2025-07-14 | 33.72% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| 16.7% |
| 2019 | $4.45 | $1.08 | 24.3% |
| 2018 | $3.79 | $1.04 | 27.4% |
| 2017 | $5.52 | $0.87 | 15.8% |
| 2016 | $3.23 | $0.83 | 25.7% |
| 2015 | $2.94 | $0.79 | 26.9% |
| 2014 | $3.27 | $0.75 | 22.9% |
| 2013 | $3.40 | $0.71 | 20.9% |
| 2012 | $3.07 | $0.67 | 21.8% |
| 2011 | $2.08 | $0.61 | 29.6% |
| 2010 | $2.48 | $0.57 | 23.0% |
| 2009 | $1.61 | $0.56 | 34.8% |
| 2008 | $1.33 | $0.48 | 36.1% |
| 2007 | $1.68 | $0.40 | 23.8% |
| 2006 | $1.50 | $0.28 | 18.3% |
| 2005 | $1.48 | $0.22 | 14.9% |
| 2004 | $1.25 | $0.19 | 15.2% |
| 2003 | $0.75 | $0.15 | 20.0% |
| 2002 | $0.80 | $0.11 | 14.4% |
| 2001 | $0.66 | $0.10 | 14.6% |
| 2000 | $0.65 | $0.08 | 12.7% |
| 1999 | $0.54 | $0.07 | 13.4% |
| 1998 | $0.46 | $0.06 | 13.7% |
| 1997 | $0.54 | $0.06 | 10.3% |
| 1996 | $0.36 | $0.05 | 13.4% |
