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 55.32% is in line with its 5-year average of 58.53%, around the middle of its 5-year range (41.28%–84.87%).
As of Monday, October 5, 2026. 0.95% below its 12-month average of 55.85%.
Dividend Payout Ratio (55.32%) = TTM Dividends/Share ($1.27) / TTM EPS ($2.29)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
55.32%
DIVIDEND PAYOUT RATIO AVG TTM
55.85%
DIVIDEND PAYOUT RATIO AVG 3Y
59.95%
DIVIDEND PAYOUT RATIO AVG 5Y
58.53%
DIVIDEND PAYOUT RATIO AVG 10Y
61.58%
DIVIDEND PAYOUT RATIO AVG 15Y
67.26%
DIVIDEND PAYOUT RATIO AVG 20Y
69.20%
CURRENT VS TTM AVG
-0.95%
CURRENT VS 3Y AVG
-7.73%
CURRENT VS 5Y AVG
-5.49%
CURRENT VS 10Y AVG
-10.17%
CURRENT VS 15Y AVG
-17.76%
CURRENT VS 20Y AVG
-20.06%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $2.21 | $1.23 | 55.6% |
| 2024-12-31 | $1.98 | $1.18 | 59.7% |
| 2023-12-31 | $1.67 | $1.14 | 68.0% |
| 2022-12-31 | $1.90 | $1.09 | 57.5% |
| 2021-12-31 | $1.79 | $1.05 | 58.5% |
| 2020-12-31 | $1.80 |
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 |
|---|---|
| 2026-10-05 | 55.32% |
| 2026-10-02 | 55.32% |
| 2026-10-01 | 55.32% |
| 2026-09-30 | 55.34% |
| 2026-09-29 | 55.32% |
| 2026-09-28 | 55.32% |
| 2026-09-25 | 55.33% |
| 2026-09-24 | 55.33% |
| 2026-09-23 | 55.34% |
| 2026-09-22 | 55.33% |
| 2026-09-21 | 55.34% |
| 2026-09-18 | 55.33% |
| 2026-09-17 | 55.32% |
| 2026-09-16 | 55.31% |
| 2026-09-15 | 55.33% |
| 2026-09-14 | 55.33% |
| 2026-09-11 | 55.35% |
| 2026-09-10 | 55.34% |
| 2026-09-09 | 55.32% |
| 2026-09-08 | 55.32% |
| 2026-09-04 | 55.32% |
| 2026-09-03 | 55.32% |
| 2026-09-02 | 55.32% |
| 2026-09-01 | 55.34% |
| 2026-08-31 | 55.32% |
| 2026-08-28 | 55.33% |
| 2026-08-27 | 55.33% |
| 2026-08-26 | 55.34% |
| 2026-08-25 | 55.32% |
| 2026-08-24 | 55.32% |
| 2026-08-21 | 55.32% |
| 2026-08-20 | 55.34% |
| 2026-08-19 | 55.33% |
| 2026-08-18 | 55.34% |
| 2026-08-17 | 55.32% |
| 2026-08-14 | 54.77% |
| 2026-08-13 | 54.78% |
| 2026-08-12 | 55.50% |
| 2026-08-11 | 55.51% |
| 2026-08-10 | 55.53% |
| 2026-08-07 | 55.52% |
| 2026-08-06 | 55.50% |
| 2026-08-05 | 55.53% |
| 2026-08-04 | 55.53% |
| 2026-08-03 | 55.50% |
| 2026-07-31 | 55.51% |
| 2026-07-30 | 55.51% |
| 2026-07-29 | 55.51% |
| 2026-07-28 | 55.50% |
| 2026-07-27 | 55.51% |
| 2026-07-24 | 55.50% |
| 2026-07-23 | 55.51% |
| 2026-07-22 | 55.49% |
| 2026-07-21 | 55.51% |
| 2026-07-20 | 55.52% |
| 2026-07-17 | 55.53% |
| 2026-07-16 | 55.52% |
| 2026-07-15 | 55.52% |
| 2026-07-14 | 55.51% |
| 2026-07-13 | 55.52% |
| 2026-07-10 | 55.53% |
| 2026-07-09 | 55.51% |
| 2026-07-08 | 55.52% |
| 2026-07-07 | 55.50% |
| 2026-07-06 | 55.51% |
| 2026-07-02 | 55.52% |
| 2026-07-01 | 55.52% |
| 2026-06-30 | 55.51% |
| 2026-06-29 | 55.50% |
| 2026-06-26 | 55.52% |
| 2026-06-25 | 55.52% |
| 2026-06-24 | 55.51% |
| 2026-06-23 | 55.51% |
| 2026-06-22 | 55.50% |
| 2026-06-18 | 55.50% |
| 2026-06-17 | 55.49% |
| 2026-06-16 | 55.52% |
| 2026-06-15 | 55.49% |
| 2026-06-12 | 55.51% |
| 2026-06-11 | 55.52% |
| 2026-06-10 | 55.52% |
| 2026-06-09 | 55.50% |
| 2026-06-08 | 55.51% |
| 2026-06-05 | 55.49% |
| 2026-06-04 | 55.51% |
| 2026-06-03 | 55.53% |
| 2026-06-02 | 55.51% |
| 2026-06-01 | 55.50% |
| 2026-05-29 | 55.51% |
| 2026-05-28 | 55.52% |
| 2026-05-27 | 55.52% |
| 2026-05-26 | 55.50% |
| 2026-05-22 | 55.49% |
| 2026-05-21 | 55.53% |
| 2026-05-20 | 55.52% |
| 2026-05-19 | 55.50% |
| 2026-05-18 | 55.50% |
| 2026-05-15 | 69.12% |
| 2026-05-14 | 54.96% |
| 2026-05-13 | 54.94% |
| 2026-05-12 | 54.95% |
| 2026-05-11 | 54.96% |
| 2026-05-08 | 55.94% |
| 2026-05-07 | 55.94% |
| 2026-05-06 | 55.95% |
| 2026-05-05 | 55.95% |
| 2026-05-04 | 55.93% |
| 2026-05-01 | 55.93% |
| 2026-04-30 | 55.93% |
| 2026-04-29 | 55.95% |
| 2026-04-28 | 55.93% |
| 2026-04-27 | 55.96% |
| 2026-04-24 | 55.96% |
| 2026-04-23 | 55.94% |
| 2026-04-22 | 55.96% |
| 2026-04-21 | 55.96% |
| 2026-04-20 | 55.96% |
| 2026-04-17 | 55.96% |
| 2026-04-16 | 55.95% |
| 2026-04-15 | 55.93% |
| 2026-04-14 | 55.96% |
| 2026-04-13 | 55.95% |
| 2026-04-10 | 55.94% |
| 2026-04-09 | 55.95% |
| 2026-04-08 | 55.94% |
| 2026-04-07 | 55.96% |
| 2026-04-06 | 55.96% |
| 2026-04-02 | 55.95% |
| 2026-04-01 | 55.93% |
| 2026-03-31 | 55.96% |
| 2026-03-30 | 55.96% |
| 2026-03-27 | 55.94% |
| 2026-03-26 | 55.94% |
| 2026-03-25 | 55.93% |
| 2026-03-24 | 55.94% |
| 2026-03-23 | 55.96% |
| 2026-03-20 | 55.95% |
| 2026-03-19 | 55.93% |
| 2026-03-18 | 55.96% |
| 2026-03-17 | 55.96% |
| 2026-03-16 | 56.71% |
| 2026-03-13 | 56.71% |
| 2026-03-12 | 56.71% |
| 2026-03-11 | 56.70% |
| 2026-03-10 | 56.72% |
| 2026-03-09 | 56.70% |
| 2026-03-06 | 56.71% |
| 2026-03-05 | 56.72% |
| 2026-03-04 | 56.70% |
| 2026-03-03 | 56.72% |
| 2026-03-02 | 56.70% |
| 2026-02-27 | 56.71% |
| 2026-02-26 | 56.72% |
| 2026-02-25 | 56.70% |
| 2026-02-24 | 56.71% |
| 2026-02-23 | 56.72% |
| 2026-02-20 | 56.70% |
| 2026-02-19 | 56.73% |
| 2026-02-18 | 56.70% |
| 2026-02-17 | 56.71% |
| 2026-02-13 | 56.73% |
| 2026-02-12 | 42.38% |
| 2026-02-11 | 42.38% |
| 2026-02-10 | 42.39% |
| 2026-02-09 | 42.39% |
| 2026-02-06 | 56.14% |
| 2026-02-05 | 56.14% |
| 2026-02-04 | 56.16% |
| 2026-02-03 | 56.15% |
| 2026-02-02 | 56.16% |
| 2026-01-30 | 56.14% |
| 2026-01-29 | 56.16% |
| 2026-01-28 | 56.17% |
| 2026-01-27 | 56.15% |
| 2026-01-26 | 56.16% |
| 2026-01-23 | 56.15% |
| 2026-01-22 | 56.14% |
| 2026-01-21 | 56.15% |
| 2026-01-20 | 56.15% |
| 2026-01-16 | 56.15% |
| 2026-01-15 | 56.15% |
| 2026-01-14 | 56.16% |
| 2026-01-13 | 56.15% |
| 2026-01-12 | 56.15% |
| 2026-01-09 | 56.14% |
| 2026-01-08 | 56.17% |
| 2026-01-07 | 56.15% |
| 2026-01-06 | 56.17% |
| 2026-01-05 | 56.15% |
| 2026-01-02 | 56.17% |
| 2025-12-31 | 56.14% |
| 2025-12-30 | 56.17% |
| 2025-12-29 | 56.15% |
| 2025-12-26 | 56.15% |
| 2025-12-24 | 56.16% |
| 2025-12-23 | 56.15% |
| 2025-12-22 | 56.14% |
| 2025-12-19 | 56.16% |
| 2025-12-18 | 56.15% |
| 2025-12-17 | 56.15% |
| 2025-12-16 | 56.16% |
| 2025-12-15 | 56.15% |
| 2025-12-12 | 56.16% |
| 2025-12-11 | 56.14% |
| 2025-12-10 | 56.14% |
| 2025-12-09 | 56.15% |
| 2025-12-08 | 56.16% |
| 2025-12-05 | 56.15% |
| 2025-12-04 | 56.17% |
| 2025-12-03 | 56.15% |
| 2025-12-02 | 56.15% |
| 2025-12-01 | 56.15% |
| 2025-11-28 | 56.14% |
| 2025-11-26 | 56.17% |
| 2025-11-25 | 56.17% |
| 2025-11-24 | 56.16% |
| 2025-11-21 | 56.15% |
| 2025-11-20 | 56.15% |
| 2025-11-19 | 56.14% |
| 2025-11-18 | 56.14% |
| 2025-11-17 | 56.15% |
| 2025-11-14 | 69.92% |
| 2025-11-13 | 55.58% |
| 2025-11-12 | 55.58% |
| 2025-11-11 | 55.58% |
| 2025-11-10 | 55.61% |
| 2025-11-07 | 56.09% |
| 2025-11-06 | 56.11% |
| 2025-11-05 | 56.10% |
| 2025-11-04 | 56.12% |
| 2025-11-03 | 56.09% |
| 2025-10-31 | 56.10% |
| 2025-10-30 | 56.11% |
| 2025-10-29 | 56.10% |
| 2025-10-28 | 56.13% |
| 2025-10-27 | 56.10% |
| 2025-10-24 | 56.12% |
| 2025-10-23 | 56.12% |
| 2025-10-22 | 56.10% |
| 2025-10-21 | 56.11% |
| 2025-10-20 | 56.10% |
| 2025-10-17 | 56.13% |
| 2025-10-16 | 56.12% |
| 2025-10-15 | 56.13% |
| 2025-10-14 | 56.10% |
| 2025-10-13 | 56.12% |
| 2025-10-10 | 56.12% |
| 2025-10-09 | 56.11% |
| 2025-10-08 | 56.11% |
| 2025-10-07 | 56.11% |
| 2025-10-06 | 56.09% |
| 2025-10-03 | 56.13% |
| 2025-10-02 | 56.12% |
| 2025-10-01 | 56.13% |
| 2025-09-30 | 56.10% |
| 2025-09-29 | 56.12% |
| 2025-09-26 | 56.10% |
| 2025-09-25 | 56.12% |
| 2025-09-24 | 56.09% |
| 2025-09-23 | 56.11% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| $1.01 |
| 55.9% |
| 2019-12-31 | $1.61 | $0.98 | 61.1% |
| 2018-12-31 | $1.55 | $0.95 | 61.6% |
| 2017-12-31 | $1.52 | $0.93 | 61.0% |
| 2016-12-31 | $1.42 | $0.90 | 63.4% |
| 2015-12-31 | $1.26 | $0.87 | 69.3% |
| 2014-12-31 | $1.07 | $0.85 | 79.2% |
| 2013-12-31 | $0.95 | $0.82 | 86.6% |
| 2012-12-31 | $1.14 | $0.79 | 69.4% |
| 2011-12-31 | $0.83 | $0.76 | 91.9% |
| 2010-12-31 | $1.01 | $0.75 | 74.5% |
| 2009-12-31 | $0.97 | $0.72 | 74.5% |
| 2008-12-31 | $0.87 | $0.71 | 81.3% |
| 2007-12-31 | $0.92 | $0.66 | 72.2% |
| 2006-12-31 | $1.00 | $0.61 | 61.4% |
| 2005-12-31 | $0.84 | $0.58 | 69.2% |
| 2004-12-31 | $0.75 | $0.55 | 73.9% |
| 2003-12-31 | $0.66 | $0.53 | 80.7% |
| 2002-12-31 | $0.78 | $0.52 | 66.1% |
| 2001-12-31 | $0.71 | $0.49 | 69.5% |
| 2000-12-31 | $0.53 | $0.49 | 91.8% |
| 1999-12-31 | $0.66 | $0.47 | 71.4% |
| 1998-12-31 | $0.65 | $0.43 | 66.3% |
| 1997-12-31 | $0.48 | $0.41 | 85.2% |
| 1996-12-31 | $0.47 | $0.32 | 68.8% |
