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 70.68% is 15% below its 5-year average of 83.57%, near the low end of its 5-year range (56.76%–122.57%).
As of Sunday, August 9, 2026. 14.43% below its 12-month average of 82.59%.
Dividend Payout Ratio (70.68%) = TTM Dividends/Share ($1.97) / TTM EPS ($2.78)
DIVIDEND PAYOUT RATIO
70.68%
DIVIDEND PAYOUT RATIO AVG TTM
82.59%
DIVIDEND PAYOUT RATIO AVG 3Y
81.54%
DIVIDEND PAYOUT RATIO AVG 5Y
81.61%
DIVIDEND PAYOUT RATIO AVG 10Y
80.42%
DIVIDEND PAYOUT RATIO AVG 15Y
74.19%
DIVIDEND PAYOUT RATIO AVG 20Y
69.98%
CURRENT VS TTM AVG
-14.43%
CURRENT VS 3Y AVG
-13.32%
CURRENT VS 5Y AVG
-13.40%
CURRENT VS 10Y AVG
-12.12%
CURRENT VS 15Y AVG
-4.74%
CURRENT VS 20Y AVG
+0.99%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $2.38 | $1.96 | 82.4% |
| 2024 | $2.28 | $1.90 | 83.3% |
| 2023 | $2.24 | $1.84 | 82.1% |
| 2022 | $2.13 | $1.76 | 82.6% |
| 2021 | $2.11 | $1.69 | 80.2% |
| 2020 | $1.91 | $1.62 |
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 |
|---|---|
| 2026-08-07 | 70.68% |
| 2026-08-06 | 70.68% |
| 2026-08-05 | 70.68% |
| 2026-08-04 | 70.66% |
| 2026-08-03 | 70.70% |
| 2026-07-31 | 70.68% |
| 2026-07-30 | 77.97% |
| 2026-07-29 | 77.97% |
| 2026-07-28 | 77.97% |
| 2026-07-27 | 77.99% |
| 2026-07-24 | 77.99% |
| 2026-07-23 | 77.99% |
| 2026-07-22 | 77.99% |
| 2026-07-21 | 77.97% |
| 2026-07-20 | 77.99% |
| 2026-07-17 | 77.99% |
| 2026-07-16 | 77.98% |
| 2026-07-15 | 77.96% |
| 2026-07-14 | 78.00% |
| 2026-07-13 | 77.98% |
| 2026-07-10 | 77.99% |
| 2026-07-09 | 77.98% |
| 2026-07-08 | 77.98% |
| 2026-07-07 | 78.00% |
| 2026-07-06 | 77.95% |
| 2026-07-02 | 77.98% |
| 2026-07-01 | 77.99% |
| 2026-06-30 | 77.96% |
| 2026-06-29 | 77.96% |
| 2026-06-26 | 78.00% |
| 2026-06-25 | 77.96% |
| 2026-06-24 | 77.97% |
| 2026-06-23 | 77.96% |
| 2026-06-22 | 77.99% |
| 2026-06-18 | 77.99% |
| 2026-06-17 | 77.95% |
| 2026-06-16 | 77.99% |
| 2026-06-15 | 77.97% |
| 2026-06-12 | 77.99% |
| 2026-06-11 | 77.97% |
| 2026-06-10 | 77.97% |
| 2026-06-09 | 77.97% |
| 2026-06-08 | 77.99% |
| 2026-06-05 | 77.96% |
| 2026-06-04 | 77.97% |
| 2026-06-03 | 77.97% |
| 2026-06-02 | 77.99% |
| 2026-06-01 | 77.97% |
| 2026-05-29 | 77.99% |
| 2026-05-28 | 77.97% |
| 2026-05-27 | 77.97% |
| 2026-05-26 | 77.98% |
| 2026-05-22 | 77.99% |
| 2026-05-21 | 77.99% |
| 2026-05-20 | 77.96% |
| 2026-05-19 | 77.99% |
| 2026-05-18 | 58.45% |
| 2026-05-15 | 58.45% |
| 2026-05-14 | 58.42% |
| 2026-05-13 | 58.45% |
| 2026-05-12 | 77.86% |
| 2026-05-11 | 77.86% |
| 2026-05-08 | 77.88% |
| 2026-05-07 | 77.87% |
| 2026-05-06 | 77.86% |
| 2026-05-05 | 77.87% |
| 2026-05-04 | 77.90% |
| 2026-05-01 | 82.46% |
| 2026-04-30 | 82.46% |
| 2026-04-29 | 82.48% |
| 2026-04-28 | 82.48% |
| 2026-04-27 | 82.47% |
| 2026-04-24 | 82.47% |
| 2026-04-23 | 82.45% |
| 2026-04-22 | 82.45% |
| 2026-04-21 | 82.47% |
| 2026-04-20 | 82.46% |
| 2026-04-17 | 82.45% |
| 2026-04-16 | 82.47% |
| 2026-04-15 | 82.46% |
| 2026-04-14 | 82.45% |
| 2026-04-13 | 82.46% |
| 2026-04-10 | 82.45% |
| 2026-04-09 | 82.44% |
| 2026-04-08 | 82.46% |
| 2026-04-07 | 82.48% |
| 2026-04-06 | 82.47% |
| 2026-04-02 | 82.46% |
| 2026-04-01 | 82.45% |
| 2026-03-31 | 82.48% |
| 2026-03-30 | 82.46% |
| 2026-03-27 | 82.45% |
| 2026-03-26 | 82.46% |
| 2026-03-25 | 82.47% |
| 2026-03-24 | 82.44% |
| 2026-03-23 | 82.47% |
| 2026-03-20 | 82.45% |
| 2026-03-19 | 82.44% |
| 2026-03-18 | 82.45% |
| 2026-03-17 | 82.46% |
| 2026-03-16 | 82.47% |
| 2026-03-13 | 82.45% |
| 2026-03-12 | 82.47% |
| 2026-03-11 | 82.47% |
| 2026-03-10 | 82.44% |
| 2026-03-09 | 82.47% |
| 2026-03-06 | 82.44% |
| 2026-03-05 | 82.45% |
| 2026-03-04 | 82.46% |
| 2026-03-03 | 82.48% |
| 2026-03-02 | 82.44% |
| 2026-02-27 | 82.47% |
| 2026-02-26 | 82.46% |
| 2026-02-25 | 103.03% |
| 2026-02-24 | 82.35% |
| 2026-02-23 | 83.42% |
| 2026-02-20 | 83.39% |
| 2026-02-19 | 83.41% |
| 2026-02-18 | 83.38% |
| 2026-02-17 | 83.42% |
| 2026-02-13 | 83.40% |
| 2026-02-12 | 83.41% |
| 2026-02-11 | 83.42% |
| 2026-02-10 | 83.39% |
| 2026-02-09 | 83.39% |
| 2026-02-06 | 83.41% |
| 2026-02-05 | 83.39% |
| 2026-02-04 | 83.42% |
| 2026-02-03 | 83.42% |
| 2026-02-02 | 83.40% |
| 2026-01-30 | 83.40% |
| 2026-01-29 | 83.42% |
| 2026-01-28 | 83.38% |
| 2026-01-27 | 83.41% |
| 2026-01-26 | 83.39% |
| 2026-01-23 | 83.41% |
| 2026-01-22 | 83.41% |
| 2026-01-21 | 83.40% |
| 2026-01-20 | 83.42% |
| 2026-01-16 | 83.41% |
| 2026-01-15 | 83.41% |
| 2026-01-14 | 83.40% |
| 2026-01-13 | 83.41% |
| 2026-01-12 | 83.41% |
| 2026-01-09 | 83.42% |
| 2026-01-08 | 83.42% |
| 2026-01-07 | 83.41% |
| 2026-01-06 | 83.38% |
| 2026-01-05 | 83.42% |
| 2026-01-02 | 83.42% |
| 2025-12-31 | 83.40% |
| 2025-12-30 | 83.39% |
| 2025-12-29 | 83.41% |
| 2025-12-26 | 83.38% |
| 2025-12-24 | 83.42% |
| 2025-12-23 | 83.38% |
| 2025-12-22 | 83.42% |
| 2025-12-19 | 83.41% |
| 2025-12-18 | 83.42% |
| 2025-12-17 | 83.42% |
| 2025-12-16 | 83.40% |
| 2025-12-15 | 83.42% |
| 2025-12-12 | 83.41% |
| 2025-12-11 | 83.41% |
| 2025-12-10 | 83.42% |
| 2025-12-09 | 83.42% |
| 2025-12-08 | 83.42% |
| 2025-12-05 | 83.39% |
| 2025-12-04 | 83.41% |
| 2025-12-03 | 83.42% |
| 2025-12-02 | 83.39% |
| 2025-12-01 | 83.39% |
| 2025-11-28 | 83.41% |
| 2025-11-26 | 83.41% |
| 2025-11-25 | 103.63% |
| 2025-11-24 | 103.64% |
| 2025-11-21 | 82.78% |
| 2025-11-20 | 82.74% |
| 2025-11-19 | 82.78% |
| 2025-11-18 | 82.77% |
| 2025-11-17 | 82.78% |
| 2025-11-14 | 82.75% |
| 2025-11-13 | 82.76% |
| 2025-11-12 | 82.78% |
| 2025-11-11 | 82.75% |
| 2025-11-10 | 82.76% |
| 2025-11-07 | 82.77% |
| 2025-11-06 | 82.77% |
| 2025-11-05 | 82.76% |
| 2025-11-04 | 82.75% |
| 2025-11-03 | 87.61% |
| 2025-10-31 | 87.61% |
| 2025-10-30 | 87.62% |
| 2025-10-29 | 87.62% |
| 2025-10-28 | 87.61% |
| 2025-10-27 | 87.62% |
| 2025-10-24 | 87.59% |
| 2025-10-23 | 87.63% |
| 2025-10-22 | 87.62% |
| 2025-10-21 | 87.62% |
| 2025-10-20 | 87.60% |
| 2025-10-17 | 87.64% |
| 2025-10-16 | 87.60% |
| 2025-10-15 | 87.63% |
| 2025-10-14 | 87.64% |
| 2025-10-13 | 87.59% |
| 2025-10-10 | 87.60% |
| 2025-10-09 | 87.61% |
| 2025-10-08 | 87.63% |
| 2025-10-07 | 87.62% |
| 2025-10-06 | 87.62% |
| 2025-10-03 | 87.60% |
| 2025-10-02 | 87.61% |
| 2025-10-01 | 87.59% |
| 2025-09-30 | 87.60% |
| 2025-09-29 | 87.59% |
| 2025-09-26 | 87.63% |
| 2025-09-25 | 87.62% |
| 2025-09-24 | 87.60% |
| 2025-09-23 | 87.62% |
| 2025-09-22 | 87.60% |
| 2025-09-19 | 87.62% |
| 2025-09-18 | 87.61% |
| 2025-09-17 | 87.59% |
| 2025-09-16 | 87.59% |
| 2025-09-15 | 87.61% |
| 2025-09-12 | 87.60% |
| 2025-09-11 | 87.59% |
| 2025-09-10 | 87.61% |
| 2025-09-09 | 87.60% |
| 2025-09-08 | 87.64% |
| 2025-09-05 | 87.62% |
| 2025-09-04 | 87.61% |
| 2025-09-03 | 87.61% |
| 2025-09-02 | 87.59% |
| 2025-08-29 | 87.62% |
| 2025-08-28 | 87.59% |
| 2025-08-27 | 87.62% |
| 2025-08-26 | 87.60% |
| 2025-08-25 | 87.63% |
| 2025-08-22 | 87.63% |
| 2025-08-21 | 109.04% |
| 2025-08-20 | 109.00% |
| 2025-08-19 | 108.98% |
| 2025-08-18 | 86.93% |
| 2025-08-15 | 86.95% |
| 2025-08-14 | 86.96% |
| 2025-08-13 | 86.96% |
| 2025-08-12 | 86.96% |
| 2025-08-11 | 86.92% |
| 2025-08-08 | 86.93% |
| 2025-08-07 | 86.94% |
| 2025-08-06 | 86.95% |
| 2025-08-05 | 86.94% |
| 2025-08-04 | 82.45% |
| 2025-08-01 | 82.46% |
| 2025-07-31 | 82.48% |
| 2025-07-30 | 82.46% |
| 2025-07-29 | 82.46% |
| 2025-07-28 | 82.48% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| 84.8% |
| 2019 | $2.98 | $1.55 | 52.0% |
| 2018 | $2.08 | $1.49 | 71.6% |
| 2017 | $1.80 | $1.43 | 79.4% |
| 2016 | $2.16 | $1.37 | 63.4% |
| 2015 | $1.98 | $1.32 | 66.7% |
| 2014 | $3.12 | $1.27 | 40.7% |
| 2013 | $1.85 | $1.22 | 65.9% |
| 2012 | $1.32 | $1.16 | 87.9% |
| 2011 | $1.73 | $1.10 | 63.6% |
| 2010 | $1.66 | $1.00 | 60.2% |
| 2009 | $1.59 | $0.81 | 50.9% |
| 2008 | $1.37 | $0.69 | 50.4% |
| 2007 | $0.73 | $0.59 | 81.5% |
| 2006 | $1.48 | $0.57 | 38.5% |
| 2005 | $0.93 | $0.55 | 58.6% |
| 2004 | $0.73 | $0.52 | 70.5% |
| 2003 | $0.90 | $0.49 | 54.4% |
| 2002 | $0.60 | $0.48 | 80.0% |
| 2001 | $0.21 | $0.48 | 228.6% |
| 2000 | $1.49 | $0.48 | 32.2% |
| 1999 | $0.12 | $0.48 | 400.0% |
| 1998 | $1.28 | $1.05 | 82.0% |
| 1997 | $1.96 | $1.24 | 63.3% |
| 1996 | $1.35 | $1.24 | 91.9% |
