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 42.49% is in line with its 5-year average of 39.81%, around the middle of its 5-year range (22.04%–53.65%).
As of Friday, September 11, 2026. 0.79% above its 12-month average of 42.16%.
Dividend Payout Ratio (42.49%) = TTM Dividends/Share ($3.88) / TTM EPS ($9.13)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-11.
DIVIDEND PAYOUT RATIO
42.49%
DIVIDEND PAYOUT RATIO AVG TTM
42.16%
DIVIDEND PAYOUT RATIO AVG 3Y
41.94%
DIVIDEND PAYOUT RATIO AVG 5Y
39.81%
DIVIDEND PAYOUT RATIO AVG 10Y
40.98%
DIVIDEND PAYOUT RATIO AVG 15Y
45.32%
DIVIDEND PAYOUT RATIO AVG 20Y
45.59%
CURRENT VS TTM AVG
+0.79%
CURRENT VS 3Y AVG
+1.32%
CURRENT VS 5Y AVG
+6.73%
CURRENT VS 10Y AVG
+3.70%
CURRENT VS 15Y AVG
-6.23%
CURRENT VS 20Y AVG
-6.79%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $8.80 | $3.70 | 42.0% |
| 2024-12-28 | $8.73 | $3.45 | 39.5% |
| 2023-12-30 | $6.23 | $3.18 | 51.0% |
| 2022-12-31 | $9.28 | $2.93 | 31.6% |
| 2022-01-01 | $8.93 | $2.66 | 29.8% |
| 2021-01-02 | $6.67 |
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 |
|---|---|
| 2026-09-11 | 42.49% |
| 2026-09-10 | 42.51% |
| 2026-09-09 | 42.50% |
| 2026-09-08 | 42.50% |
| 2026-09-04 | 42.49% |
| 2026-09-03 | 42.49% |
| 2026-09-02 | 52.78% |
| 2026-09-01 | 41.85% |
| 2026-08-31 | 41.84% |
| 2026-08-28 | 41.84% |
| 2026-08-27 | 41.83% |
| 2026-08-26 | 41.84% |
| 2026-08-25 | 41.84% |
| 2026-08-24 | 41.84% |
| 2026-08-21 | 41.84% |
| 2026-08-20 | 41.84% |
| 2026-08-19 | 41.84% |
| 2026-08-18 | 41.83% |
| 2026-08-17 | 41.85% |
| 2026-08-14 | 41.84% |
| 2026-08-13 | 41.85% |
| 2026-08-12 | 41.84% |
| 2026-08-11 | 41.85% |
| 2026-08-10 | 41.83% |
| 2026-08-07 | 41.85% |
| 2026-08-06 | 41.85% |
| 2026-08-05 | 41.84% |
| 2026-08-04 | 43.07% |
| 2026-08-03 | 43.06% |
| 2026-07-31 | 43.08% |
| 2026-07-30 | 43.07% |
| 2026-07-29 | 43.06% |
| 2026-07-28 | 43.07% |
| 2026-07-27 | 43.07% |
| 2026-07-24 | 43.07% |
| 2026-07-23 | 43.07% |
| 2026-07-22 | 43.07% |
| 2026-07-21 | 43.07% |
| 2026-07-20 | 43.06% |
| 2026-07-17 | 43.06% |
| 2026-07-16 | 43.06% |
| 2026-07-15 | 43.08% |
| 2026-07-14 | 43.07% |
| 2026-07-13 | 43.06% |
| 2026-07-10 | 43.07% |
| 2026-07-09 | 43.06% |
| 2026-07-08 | 43.07% |
| 2026-07-07 | 43.07% |
| 2026-07-06 | 43.07% |
| 2026-07-02 | 43.06% |
| 2026-07-01 | 43.07% |
| 2026-06-30 | 43.06% |
| 2026-06-29 | 43.06% |
| 2026-06-26 | 43.07% |
| 2026-06-25 | 43.07% |
| 2026-06-24 | 43.06% |
| 2026-06-23 | 43.07% |
| 2026-06-22 | 43.06% |
| 2026-06-18 | 43.07% |
| 2026-06-17 | 43.07% |
| 2026-06-16 | 43.06% |
| 2026-06-15 | 43.07% |
| 2026-06-12 | 43.06% |
| 2026-06-11 | 43.07% |
| 2026-06-10 | 43.08% |
| 2026-06-09 | 43.08% |
| 2026-06-08 | 43.07% |
| 2026-06-05 | 43.05% |
| 2026-06-04 | 43.07% |
| 2026-06-03 | 53.65% |
| 2026-06-02 | 42.38% |
| 2026-06-01 | 42.39% |
| 2026-05-29 | 42.38% |
| 2026-05-28 | 42.39% |
| 2026-05-27 | 42.40% |
| 2026-05-26 | 42.40% |
| 2026-05-22 | 42.39% |
| 2026-05-21 | 42.38% |
| 2026-05-20 | 42.39% |
| 2026-05-19 | 42.39% |
| 2026-05-18 | 42.39% |
| 2026-05-15 | 42.39% |
| 2026-05-14 | 42.39% |
| 2026-05-13 | 42.40% |
| 2026-05-12 | 42.39% |
| 2026-05-11 | 42.40% |
| 2026-05-08 | 42.38% |
| 2026-05-07 | 42.39% |
| 2026-05-06 | 42.39% |
| 2026-05-05 | 42.39% |
| 2026-05-04 | 42.83% |
| 2026-05-01 | 42.83% |
| 2026-04-30 | 42.82% |
| 2026-04-29 | 42.83% |
| 2026-04-28 | 42.82% |
| 2026-04-27 | 42.82% |
| 2026-04-24 | 42.83% |
| 2026-04-23 | 42.83% |
| 2026-04-22 | 42.83% |
| 2026-04-21 | 42.82% |
| 2026-04-20 | 42.82% |
| 2026-04-17 | 42.81% |
| 2026-04-16 | 42.83% |
| 2026-04-15 | 42.83% |
| 2026-04-14 | 42.83% |
| 2026-04-13 | 42.84% |
| 2026-04-10 | 42.82% |
| 2026-04-09 | 42.83% |
| 2026-04-08 | 42.83% |
| 2026-04-07 | 42.83% |
| 2026-04-06 | 42.83% |
| 2026-04-02 | 42.83% |
| 2026-04-01 | 42.83% |
| 2026-03-31 | 42.83% |
| 2026-03-30 | 42.82% |
| 2026-03-27 | 42.83% |
| 2026-03-26 | 42.82% |
| 2026-03-25 | 42.84% |
| 2026-03-24 | 42.83% |
| 2026-03-23 | 42.81% |
| 2026-03-20 | 42.84% |
| 2026-03-19 | 42.82% |
| 2026-03-18 | 42.84% |
| 2026-03-17 | 42.83% |
| 2026-03-16 | 42.82% |
| 2026-03-13 | 42.82% |
| 2026-03-12 | 42.83% |
| 2026-03-11 | 42.82% |
| 2026-03-10 | 42.82% |
| 2026-03-09 | 42.83% |
| 2026-03-06 | 42.82% |
| 2026-03-05 | 42.83% |
| 2026-03-04 | 52.84% |
| 2026-03-03 | 42.14% |
| 2026-03-02 | 42.15% |
| 2026-02-27 | 42.13% |
| 2026-02-26 | 42.13% |
| 2026-02-25 | 42.09% |
| 2026-02-24 | 42.09% |
| 2026-02-23 | 42.10% |
| 2026-02-20 | 42.09% |
| 2026-02-19 | 42.10% |
| 2026-02-18 | 42.09% |
| 2026-02-17 | 42.08% |
| 2026-02-13 | 42.10% |
| 2026-02-12 | 42.10% |
| 2026-02-11 | 42.09% |
| 2026-02-10 | 42.09% |
| 2026-02-09 | 42.09% |
| 2026-02-06 | 42.10% |
| 2026-02-05 | 42.09% |
| 2026-02-04 | 42.09% |
| 2026-02-03 | 42.09% |
| 2026-02-02 | 42.08% |
| 2026-01-30 | 42.08% |
| 2026-01-29 | 42.09% |
| 2026-01-28 | 42.09% |
| 2026-01-27 | 42.10% |
| 2026-01-26 | 42.09% |
| 2026-01-23 | 42.09% |
| 2026-01-22 | 42.09% |
| 2026-01-21 | 42.10% |
| 2026-01-20 | 42.09% |
| 2026-01-16 | 42.09% |
| 2026-01-15 | 42.09% |
| 2026-01-14 | 42.09% |
| 2026-01-13 | 42.10% |
| 2026-01-12 | 42.08% |
| 2026-01-09 | 42.09% |
| 2026-01-08 | 42.09% |
| 2026-01-07 | 42.10% |
| 2026-01-06 | 42.09% |
| 2026-01-05 | 42.09% |
| 2026-01-02 | 42.10% |
| 2025-12-31 | 42.09% |
| 2025-12-30 | 42.10% |
| 2025-12-29 | 42.09% |
| 2025-12-26 | 42.10% |
| 2025-12-24 | 42.09% |
| 2025-12-23 | 42.10% |
| 2025-12-22 | 42.08% |
| 2025-12-19 | 42.10% |
| 2025-12-18 | 42.10% |
| 2025-12-17 | 42.10% |
| 2025-12-16 | 42.09% |
| 2025-12-15 | 42.10% |
| 2025-12-12 | 42.09% |
| 2025-12-11 | 42.10% |
| 2025-12-10 | 42.10% |
| 2025-12-09 | 42.08% |
| 2025-12-08 | 42.08% |
| 2025-12-05 | 42.09% |
| 2025-12-04 | 42.08% |
| 2025-12-03 | 52.11% |
| 2025-12-02 | 41.40% |
| 2025-12-01 | 41.41% |
| 2025-11-28 | 41.41% |
| 2025-11-26 | 41.40% |
| 2025-11-25 | 41.42% |
| 2025-11-24 | 41.42% |
| 2025-11-21 | 41.41% |
| 2025-11-20 | 41.42% |
| 2025-11-19 | 41.40% |
| 2025-11-18 | 41.42% |
| 2025-11-17 | 41.42% |
| 2025-11-14 | 41.41% |
| 2025-11-13 | 41.41% |
| 2025-11-12 | 41.42% |
| 2025-11-11 | 41.41% |
| 2025-11-10 | 41.41% |
| 2025-11-07 | 41.40% |
| 2025-11-06 | 41.41% |
| 2025-11-05 | 41.40% |
| 2025-11-04 | 41.41% |
| 2025-11-03 | 41.42% |
| 2025-10-31 | 41.42% |
| 2025-10-30 | 41.40% |
| 2025-10-29 | 41.42% |
| 2025-10-28 | 40.86% |
| 2025-10-27 | 40.84% |
| 2025-10-24 | 40.85% |
| 2025-10-23 | 40.86% |
| 2025-10-22 | 40.84% |
| 2025-10-21 | 40.85% |
| 2025-10-20 | 40.86% |
| 2025-10-17 | 40.84% |
| 2025-10-16 | 40.85% |
| 2025-10-15 | 40.85% |
| 2025-10-14 | 40.85% |
| 2025-10-13 | 40.86% |
| 2025-10-10 | 40.86% |
| 2025-10-09 | 40.86% |
| 2025-10-08 | 40.86% |
| 2025-10-07 | 40.85% |
| 2025-10-06 | 40.86% |
| 2025-10-03 | 40.85% |
| 2025-10-02 | 40.86% |
| 2025-10-01 | 40.86% |
| 2025-09-30 | 40.85% |
| 2025-09-29 | 40.84% |
| 2025-09-26 | 40.85% |
| 2025-09-25 | 40.85% |
| 2025-09-24 | 40.86% |
| 2025-09-23 | 40.85% |
| 2025-09-22 | 40.86% |
| 2025-09-19 | 40.86% |
| 2025-09-18 | 40.85% |
| 2025-09-17 | 40.85% |
| 2025-09-16 | 40.86% |
| 2025-09-15 | 40.85% |
| 2025-09-12 | 40.85% |
| 2025-09-11 | 40.86% |
| 2025-09-10 | 40.86% |
| 2025-09-09 | 40.85% |
| 2025-09-08 | 40.86% |
| 2025-09-05 | 40.85% |
| 2025-09-04 | 40.86% |
| 2025-09-03 | 50.73% |
| 2025-09-02 | 40.17% |
| 2025-08-29 | 40.17% |
Showing the most recent 260 of 2,529 data points. The chart above shows the full history.
| $2.36 |
| 35.4% |
| 2019-12-28 | $3.61 | $2.26 | 62.6% |
| 2018-12-29 | $5.52 | $2.01 | 36.4% |
| 2017-12-30 | $3.20 | $1.76 | 55.0% |
| 2016-12-31 | $3.63 | $1.60 | 44.1% |
| 2016-01-02 | $3.01 | $1.46 | 48.5% |
| 2015-01-03 | $2.73 | $1.34 | 49.1% |
| 2013-12-28 | $2.24 | $1.14 | 50.9% |
| 2012-12-29 | $2.16 | $1.08 | 50.0% |
| 2011-12-31 | $1.78 | $1.00 | 56.2% |
| 2011-01-01 | $2.90 | $0.80 | 27.6% |
| 2010-01-02 | ($7.24) | $1.22 | N/A (Loss) |
| 2008-12-27 | $2.70 | $1.64 | 60.7% |
| 2007-12-29 | $3.09 | $1.61 | 52.1% |
| 2006-12-30 | $3.74 | $1.57 | 42.0% |
| 2005-12-31 | $2.27 | $1.53 | 67.4% |
| 2005-01-01 | $2.80 | $1.49 | 53.2% |
| 2003-12-27 | $2.69 | $1.45 | 53.9% |
| 2002-12-28 | $2.61 | $1.35 | 51.7% |
| 2001-12-29 | $2.49 | $1.23 | 49.4% |
| 2000-12-30 | $2.88 | $1.11 | 38.5% |
| 2000-01-01 | $2.17 | $0.99 | 45.6% |
| 1999-01-02 | $2.20 | $0.87 | 39.5% |
| 1997-12-27 | $1.99 | $0.72 | 36.2% |
| 1996-12-28 | $1.68 | $0.62 | 36.9% |
