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 60.79% is 41% below its 5-year average of 103.29%, near the low end of its 5-year range (48.09%–261.14%).
As of Friday, September 11, 2026. 41.35% below its 12-month average of 103.64%.
Dividend Payout Ratio (60.79%) = TTM Dividends/Share ($1.85) / TTM EPS ($3.04)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-11.
DIVIDEND PAYOUT RATIO
60.79%
DIVIDEND PAYOUT RATIO AVG TTM
103.64%
DIVIDEND PAYOUT RATIO AVG 3Y
108.57%
DIVIDEND PAYOUT RATIO AVG 5Y
103.29%
DIVIDEND PAYOUT RATIO AVG 10Y
97.54%
DIVIDEND PAYOUT RATIO AVG 15Y
84.91%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-41.35%
CURRENT VS 3Y AVG
-44.01%
CURRENT VS 5Y AVG
-41.15%
CURRENT VS 10Y AVG
-37.68%
CURRENT VS 15Y AVG
-28.42%
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $1.88 | $2.49 | 132.4% |
| 2024-12-31 | $2.39 | $2.29 | 95.6% |
| 2023-12-31 | $2.46 | $3.12 | 126.6% |
| 2022-12-31 | $3.24 | $3.51 | 108.3% |
| 2021-12-31 | $4.21 | $2.05 | 48.8% |
| 2020-12-31 | $2.22 |
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 | 60.79% |
| 2026-09-10 | 60.78% |
| 2026-09-09 | 60.79% |
| 2026-09-08 | 60.78% |
| 2026-09-04 | 60.78% |
| 2026-09-03 | 60.78% |
| 2026-09-02 | 60.78% |
| 2026-09-01 | 60.78% |
| 2026-08-31 | 60.78% |
| 2026-08-28 | 60.78% |
| 2026-08-27 | 60.78% |
| 2026-08-26 | 60.79% |
| 2026-08-25 | 60.78% |
| 2026-08-24 | 60.78% |
| 2026-08-21 | 60.78% |
| 2026-08-20 | 60.79% |
| 2026-08-19 | 60.78% |
| 2026-08-18 | 60.78% |
| 2026-08-17 | 60.78% |
| 2026-08-14 | 60.79% |
| 2026-08-13 | 60.78% |
| 2026-08-12 | 60.78% |
| 2026-08-11 | 60.78% |
| 2026-08-10 | 60.78% |
| 2026-08-07 | 60.78% |
| 2026-08-06 | 60.78% |
| 2026-08-05 | 60.79% |
| 2026-08-04 | 60.78% |
| 2026-08-03 | 60.78% |
| 2026-07-31 | 60.78% |
| 2026-07-30 | 60.79% |
| 2026-07-29 | 60.78% |
| 2026-07-28 | 60.78% |
| 2026-07-27 | 60.78% |
| 2026-07-24 | 60.78% |
| 2026-07-23 | 60.79% |
| 2026-07-22 | 60.78% |
| 2026-07-21 | 60.78% |
| 2026-07-20 | 60.78% |
| 2026-07-17 | 60.78% |
| 2026-07-16 | 60.78% |
| 2026-07-15 | 60.78% |
| 2026-07-14 | 60.78% |
| 2026-07-13 | 60.78% |
| 2026-07-10 | 60.78% |
| 2026-07-09 | 60.78% |
| 2026-07-08 | 60.78% |
| 2026-07-07 | 60.78% |
| 2026-07-06 | 60.78% |
| 2026-07-02 | 60.78% |
| 2026-07-01 | 60.78% |
| 2026-06-30 | 82.78% |
| 2026-06-29 | 82.78% |
| 2026-06-26 | 82.78% |
| 2026-06-25 | 82.78% |
| 2026-06-24 | 82.78% |
| 2026-06-23 | 82.78% |
| 2026-06-22 | 82.78% |
| 2026-06-18 | 82.78% |
| 2026-06-17 | 82.78% |
| 2026-06-16 | 82.78% |
| 2026-06-15 | 82.78% |
| 2026-06-12 | 82.78% |
| 2026-06-11 | 82.78% |
| 2026-06-10 | 82.78% |
| 2026-06-09 | 82.78% |
| 2026-06-08 | 82.78% |
| 2026-06-05 | 82.78% |
| 2026-06-04 | 82.78% |
| 2026-06-03 | 82.78% |
| 2026-06-02 | 82.78% |
| 2026-06-01 | 82.78% |
| 2026-05-29 | 82.78% |
| 2026-05-28 | 82.78% |
| 2026-05-27 | 82.78% |
| 2026-05-26 | 82.78% |
| 2026-05-22 | 82.78% |
| 2026-05-21 | 82.78% |
| 2026-05-20 | 82.78% |
| 2026-05-19 | 82.78% |
| 2026-05-18 | 82.78% |
| 2026-05-15 | 82.78% |
| 2026-05-14 | 82.78% |
| 2026-05-13 | 82.78% |
| 2026-05-12 | 82.78% |
| 2026-05-11 | 82.78% |
| 2026-05-08 | 82.78% |
| 2026-05-07 | 82.78% |
| 2026-05-06 | 82.78% |
| 2026-05-05 | 82.78% |
| 2026-05-04 | 82.78% |
| 2026-05-01 | 82.78% |
| 2026-04-30 | 82.78% |
| 2026-04-29 | 82.78% |
| 2026-04-28 | 82.78% |
| 2026-04-27 | 111.49% |
| 2026-04-24 | 111.49% |
| 2026-04-23 | 111.49% |
| 2026-04-22 | 111.49% |
| 2026-04-21 | 111.49% |
| 2026-04-20 | 111.49% |
| 2026-04-17 | 111.49% |
| 2026-04-16 | 111.49% |
| 2026-04-15 | 111.49% |
| 2026-04-14 | 111.49% |
| 2026-04-13 | 111.49% |
| 2026-04-10 | 111.49% |
| 2026-04-09 | 111.49% |
| 2026-04-08 | 111.49% |
| 2026-04-07 | 111.50% |
| 2026-04-06 | 111.49% |
| 2026-04-02 | 111.49% |
| 2026-04-01 | 111.49% |
| 2026-03-31 | 130.82% |
| 2026-03-30 | 130.83% |
| 2026-03-27 | 130.83% |
| 2026-03-26 | 130.83% |
| 2026-03-25 | 130.83% |
| 2026-03-24 | 130.83% |
| 2026-03-23 | 130.83% |
| 2026-03-20 | 130.83% |
| 2026-03-19 | 130.83% |
| 2026-03-18 | 130.83% |
| 2026-03-17 | 130.82% |
| 2026-03-16 | 130.83% |
| 2026-03-13 | 130.83% |
| 2026-03-12 | 130.83% |
| 2026-03-11 | 130.83% |
| 2026-03-10 | 130.83% |
| 2026-03-09 | 130.83% |
| 2026-03-06 | 130.82% |
| 2026-03-05 | 130.83% |
| 2026-03-04 | 130.83% |
| 2026-03-03 | 130.82% |
| 2026-03-02 | 130.83% |
| 2026-02-27 | 130.83% |
| 2026-02-26 | 130.83% |
| 2026-02-25 | 130.82% |
| 2026-02-24 | 130.83% |
| 2026-02-23 | 130.83% |
| 2026-02-20 | 130.82% |
| 2026-02-19 | 130.82% |
| 2026-02-18 | 130.83% |
| 2026-02-17 | 130.82% |
| 2026-02-13 | 130.83% |
| 2026-02-12 | 130.83% |
| 2026-02-11 | 130.83% |
| 2026-02-10 | 130.83% |
| 2026-02-09 | 130.83% |
| 2026-02-06 | 130.83% |
| 2026-02-05 | 130.83% |
| 2026-02-04 | 130.83% |
| 2026-02-03 | 130.83% |
| 2026-02-02 | 130.83% |
| 2026-01-30 | 130.82% |
| 2026-01-29 | 130.83% |
| 2026-01-28 | 130.83% |
| 2026-01-27 | 130.83% |
| 2026-01-26 | 130.83% |
| 2026-01-23 | 130.83% |
| 2026-01-22 | 130.83% |
| 2026-01-21 | 130.83% |
| 2026-01-20 | 130.83% |
| 2026-01-16 | 130.83% |
| 2026-01-15 | 130.82% |
| 2026-01-14 | 130.82% |
| 2026-01-13 | 130.83% |
| 2026-01-12 | 130.82% |
| 2026-01-09 | 130.83% |
| 2026-01-08 | 130.83% |
| 2026-01-07 | 130.83% |
| 2026-01-06 | 130.83% |
| 2026-01-05 | 130.82% |
| 2026-01-02 | 130.84% |
| 2025-12-31 | 122.96% |
| 2025-12-30 | 122.96% |
| 2025-12-29 | 122.96% |
| 2025-12-26 | 122.96% |
| 2025-12-24 | 122.97% |
| 2025-12-23 | 122.97% |
| 2025-12-22 | 122.96% |
| 2025-12-19 | 122.97% |
| 2025-12-18 | 122.96% |
| 2025-12-17 | 122.96% |
| 2025-12-16 | 122.96% |
| 2025-12-15 | 122.96% |
| 2025-12-12 | 122.97% |
| 2025-12-11 | 122.96% |
| 2025-12-10 | 122.96% |
| 2025-12-09 | 122.96% |
| 2025-12-08 | 122.96% |
| 2025-12-05 | 122.96% |
| 2025-12-04 | 122.96% |
| 2025-12-03 | 122.97% |
| 2025-12-02 | 122.97% |
| 2025-12-01 | 122.96% |
| 2025-11-28 | 122.97% |
| 2025-11-26 | 122.97% |
| 2025-11-25 | 122.96% |
| 2025-11-24 | 122.97% |
| 2025-11-21 | 122.97% |
| 2025-11-20 | 122.97% |
| 2025-11-19 | 122.97% |
| 2025-11-18 | 122.97% |
| 2025-11-17 | 122.97% |
| 2025-11-14 | 122.97% |
| 2025-11-13 | 122.96% |
| 2025-11-12 | 122.96% |
| 2025-11-11 | 122.97% |
| 2025-11-10 | 122.97% |
| 2025-11-07 | 122.96% |
| 2025-11-06 | 122.96% |
| 2025-11-05 | 122.96% |
| 2025-11-04 | 122.96% |
| 2025-11-03 | 122.97% |
| 2025-10-31 | 122.97% |
| 2025-10-30 | 122.96% |
| 2025-10-29 | 122.97% |
| 2025-10-28 | 122.97% |
| 2025-10-27 | 122.96% |
| 2025-10-24 | 122.97% |
| 2025-10-23 | 122.97% |
| 2025-10-22 | 122.97% |
| 2025-10-21 | 122.97% |
| 2025-10-20 | 122.97% |
| 2025-10-17 | 122.97% |
| 2025-10-16 | 122.97% |
| 2025-10-15 | 122.97% |
| 2025-10-14 | 122.97% |
| 2025-10-13 | 122.96% |
| 2025-10-10 | 122.96% |
| 2025-10-09 | 122.96% |
| 2025-10-08 | 122.97% |
| 2025-10-07 | 122.97% |
| 2025-10-06 | 122.96% |
| 2025-10-03 | 122.97% |
| 2025-10-02 | 122.97% |
| 2025-10-01 | 122.97% |
| 2025-09-30 | 108.44% |
| 2025-09-29 | 108.45% |
| 2025-09-26 | 108.45% |
| 2025-09-25 | 108.45% |
| 2025-09-24 | 108.45% |
| 2025-09-23 | 108.44% |
| 2025-09-22 | 108.45% |
| 2025-09-19 | 108.45% |
| 2025-09-18 | 108.44% |
| 2025-09-17 | 108.44% |
| 2025-09-16 | 108.45% |
| 2025-09-15 | 108.44% |
| 2025-09-12 | 108.45% |
| 2025-09-11 | 108.44% |
| 2025-09-10 | 108.46% |
| 2025-09-09 | 108.44% |
| 2025-09-08 | 108.44% |
| 2025-09-05 | 108.45% |
| 2025-09-04 | 108.44% |
| 2025-09-03 | 108.45% |
| 2025-09-02 | 108.45% |
| 2025-08-29 | 108.45% |
Showing the most recent 260 of 2,057 data points. The chart above shows the full history.
| $1.12 |
| 50.2% |
| 2019-12-31 | $1.26 | $1.88 | 149.5% |
| 2018-12-31 | $1.92 | $2.83 | 147.0% |
| 2017-12-31 | $2.79 | $0.95 | 34.0% |
| 2016-12-31 | $0.92 | $0.11 | 12.5% |
| 2015-12-31 | $0.71 | $0.83 | 117.2% |
| 2014-12-31 | $1.16 | $0.23 | 19.6% |
| 2013-12-31 | $0.30 | $0.20 | 64.8% |
| 2012-12-31 | $0.25 | $0.15 | 58.1% |
| 2011-12-31 | $0.48 | $0.28 | 58.9% |