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 54.75% is 87% above its 5-year average of 29.34%, near the high end of its 5-year range (9.75%–65.59%).
As of Wednesday, August 5, 2026. 28.71% above its 12-month average of 42.53%.
Dividend Payout Ratio (54.75%) = TTM Dividends/Share ($2.82) / TTM EPS ($5.15)
DIVIDEND PAYOUT RATIO
54.75%
DIVIDEND PAYOUT RATIO AVG TTM
42.53%
DIVIDEND PAYOUT RATIO AVG 3Y
27.66%
DIVIDEND PAYOUT RATIO AVG 5Y
26.33%
DIVIDEND PAYOUT RATIO AVG 10Y
34.59%
DIVIDEND PAYOUT RATIO AVG 15Y
32.98%
DIVIDEND PAYOUT RATIO AVG 20Y
27.72%
CURRENT VS TTM AVG
+28.71%
CURRENT VS 3Y AVG
+97.91%
CURRENT VS 5Y AVG
+107.92%
CURRENT VS 10Y AVG
+58.29%
CURRENT VS 15Y AVG
+66.01%
CURRENT VS 20Y AVG
+97.50%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $4.96 | $2.78 | 56.0% |
| 2024 | $8.09 | $2.70 | 33.4% |
| 2023 | $15.07 | $2.58 | 17.1% |
| 2022 | $10.74 | $2.30 | 21.4% |
| 2021 | $14.49 | $2.05 | 14.1% |
| 2020 | $8.02 | $2.00 |
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 |
|---|---|
| 2026-08-04 | 54.75% |
| 2026-08-03 | 54.77% |
| 2026-07-31 | 54.76% |
| 2026-07-30 | 54.75% |
| 2026-07-29 | 54.76% |
| 2026-07-28 | 65.59% |
| 2026-07-27 | 65.59% |
| 2026-07-24 | 65.57% |
| 2026-07-23 | 65.58% |
| 2026-07-22 | 65.58% |
| 2026-07-21 | 65.59% |
| 2026-07-20 | 65.58% |
| 2026-07-17 | 65.58% |
| 2026-07-16 | 65.59% |
| 2026-07-15 | 65.58% |
| 2026-07-14 | 65.57% |
| 2026-07-13 | 65.58% |
| 2026-07-10 | 65.59% |
| 2026-07-09 | 65.57% |
| 2026-07-08 | 65.59% |
| 2026-07-07 | 65.57% |
| 2026-07-06 | 65.59% |
| 2026-07-02 | 65.59% |
| 2026-07-01 | 65.57% |
| 2026-06-30 | 65.58% |
| 2026-06-29 | 65.58% |
| 2026-06-26 | 65.59% |
| 2026-06-25 | 65.58% |
| 2026-06-24 | 65.59% |
| 2026-06-23 | 65.58% |
| 2026-06-22 | 65.58% |
| 2026-06-18 | 65.58% |
| 2026-06-17 | 65.58% |
| 2026-06-16 | 65.58% |
| 2026-06-15 | 65.57% |
| 2026-06-12 | 65.57% |
| 2026-06-11 | 65.57% |
| 2026-06-10 | 65.59% |
| 2026-06-09 | 65.58% |
| 2026-06-08 | 65.59% |
| 2026-06-05 | 65.58% |
| 2026-06-04 | 65.59% |
| 2026-06-03 | 65.58% |
| 2026-06-02 | 65.58% |
| 2026-06-01 | 65.59% |
| 2026-05-29 | 65.57% |
| 2026-05-28 | 65.59% |
| 2026-05-27 | 65.58% |
| 2026-05-26 | 65.58% |
| 2026-05-22 | 65.58% |
| 2026-05-21 | 48.83% |
| 2026-05-20 | 48.85% |
| 2026-05-19 | 48.83% |
| 2026-05-18 | 65.13% |
| 2026-05-15 | 65.12% |
| 2026-05-14 | 65.11% |
| 2026-05-13 | 65.12% |
| 2026-05-12 | 65.11% |
| 2026-05-11 | 65.11% |
| 2026-05-08 | 65.13% |
| 2026-05-07 | 65.12% |
| 2026-05-06 | 65.11% |
| 2026-05-05 | 65.11% |
| 2026-05-04 | 65.12% |
| 2026-05-01 | 65.12% |
| 2026-04-30 | 65.11% |
| 2026-04-29 | 65.11% |
| 2026-04-28 | 51.56% |
| 2026-04-27 | 51.56% |
| 2026-04-24 | 51.56% |
| 2026-04-23 | 51.56% |
| 2026-04-22 | 51.56% |
| 2026-04-21 | 51.56% |
| 2026-04-20 | 51.56% |
| 2026-04-17 | 51.56% |
| 2026-04-16 | 51.56% |
| 2026-04-15 | 51.57% |
| 2026-04-14 | 51.57% |
| 2026-04-13 | 51.56% |
| 2026-04-10 | 51.56% |
| 2026-04-09 | 51.55% |
| 2026-04-08 | 51.57% |
| 2026-04-07 | 51.56% |
| 2026-04-06 | 51.57% |
| 2026-04-02 | 51.56% |
| 2026-04-01 | 51.56% |
| 2026-03-31 | 51.58% |
| 2026-03-30 | 51.57% |
| 2026-03-27 | 51.58% |
| 2026-03-26 | 51.56% |
| 2026-03-25 | 51.56% |
| 2026-03-24 | 51.56% |
| 2026-03-23 | 51.56% |
| 2026-03-20 | 51.57% |
| 2026-03-19 | 51.58% |
| 2026-03-18 | 51.56% |
| 2026-03-17 | 51.57% |
| 2026-03-16 | 51.57% |
| 2026-03-13 | 51.56% |
| 2026-03-12 | 51.56% |
| 2026-03-11 | 51.56% |
| 2026-03-10 | 51.56% |
| 2026-03-09 | 51.57% |
| 2026-03-06 | 51.57% |
| 2026-03-05 | 51.57% |
| 2026-03-04 | 51.56% |
| 2026-03-03 | 51.57% |
| 2026-03-02 | 51.56% |
| 2026-02-27 | 51.57% |
| 2026-02-26 | 51.56% |
| 2026-02-25 | 51.56% |
| 2026-02-24 | 51.56% |
| 2026-02-23 | 51.56% |
| 2026-02-20 | 51.57% |
| 2026-02-19 | 51.56% |
| 2026-02-18 | 30.10% |
| 2026-02-17 | 37.43% |
| 2026-02-13 | 29.90% |
| 2026-02-12 | 29.89% |
| 2026-02-11 | 29.89% |
| 2026-02-10 | 29.90% |
| 2026-02-09 | 29.90% |
| 2026-02-06 | 29.90% |
| 2026-02-05 | 29.89% |
| 2026-02-04 | 29.90% |
| 2026-02-03 | 29.90% |
| 2026-02-02 | 29.90% |
| 2026-01-30 | 29.90% |
| 2026-01-29 | 29.89% |
| 2026-01-28 | 29.90% |
| 2026-01-27 | 29.89% |
| 2026-01-26 | 29.90% |
| 2026-01-23 | 29.90% |
| 2026-01-22 | 29.88% |
| 2026-01-21 | 29.89% |
| 2026-01-20 | 29.88% |
| 2026-01-16 | 29.89% |
| 2026-01-15 | 29.89% |
| 2026-01-14 | 29.89% |
| 2026-01-13 | 29.89% |
| 2026-01-12 | 29.89% |
| 2026-01-09 | 29.89% |
| 2026-01-08 | 29.88% |
| 2026-01-07 | 29.90% |
| 2026-01-06 | 29.90% |
| 2026-01-05 | 29.88% |
| 2026-01-02 | 29.89% |
| 2025-12-31 | 29.90% |
| 2025-12-30 | 29.88% |
| 2025-12-29 | 29.90% |
| 2025-12-26 | 29.90% |
| 2025-12-24 | 29.90% |
| 2025-12-23 | 29.89% |
| 2025-12-22 | 29.88% |
| 2025-12-19 | 29.91% |
| 2025-12-18 | 29.89% |
| 2025-12-17 | 29.89% |
| 2025-12-16 | 29.89% |
| 2025-12-15 | 29.90% |
| 2025-12-12 | 29.88% |
| 2025-12-11 | 29.90% |
| 2025-12-10 | 29.90% |
| 2025-12-09 | 29.88% |
| 2025-12-08 | 29.88% |
| 2025-12-05 | 29.90% |
| 2025-12-04 | 29.89% |
| 2025-12-03 | 29.90% |
| 2025-12-02 | 29.90% |
| 2025-12-01 | 29.90% |
| 2025-11-28 | 29.89% |
| 2025-11-26 | 29.88% |
| 2025-11-25 | 29.90% |
| 2025-11-24 | 29.88% |
| 2025-11-21 | 29.89% |
| 2025-11-20 | 29.90% |
| 2025-11-19 | 29.90% |
| 2025-11-18 | 29.90% |
| 2025-11-17 | 37.19% |
| 2025-11-14 | 29.67% |
| 2025-11-13 | 29.68% |
| 2025-11-12 | 29.66% |
| 2025-11-11 | 29.67% |
| 2025-11-10 | 29.67% |
| 2025-11-07 | 29.66% |
| 2025-11-06 | 29.68% |
| 2025-11-05 | 29.69% |
| 2025-11-04 | 27.57% |
| 2025-11-03 | 27.56% |
| 2025-10-31 | 27.57% |
| 2025-10-30 | 27.56% |
| 2025-10-29 | 27.57% |
| 2025-10-28 | 27.58% |
| 2025-10-27 | 27.57% |
| 2025-10-24 | 27.57% |
| 2025-10-23 | 27.57% |
| 2025-10-22 | 27.58% |
| 2025-10-21 | 27.56% |
| 2025-10-20 | 27.59% |
| 2025-10-17 | 27.57% |
| 2025-10-16 | 27.56% |
| 2025-10-15 | 27.57% |
| 2025-10-14 | 27.56% |
| 2025-10-13 | 27.57% |
| 2025-10-10 | 27.58% |
| 2025-10-09 | 27.58% |
| 2025-10-08 | 27.59% |
| 2025-10-07 | 27.56% |
| 2025-10-06 | 27.56% |
| 2025-10-03 | 27.58% |
| 2025-10-02 | 27.56% |
| 2025-10-01 | 27.57% |
| 2025-09-30 | 27.58% |
| 2025-09-29 | 27.56% |
| 2025-09-26 | 27.58% |
| 2025-09-25 | 27.57% |
| 2025-09-24 | 27.57% |
| 2025-09-23 | 27.58% |
| 2025-09-22 | 27.59% |
| 2025-09-19 | 27.58% |
| 2025-09-18 | 27.57% |
| 2025-09-17 | 27.56% |
| 2025-09-16 | 27.57% |
| 2025-09-15 | 27.57% |
| 2025-09-12 | 27.56% |
| 2025-09-11 | 27.59% |
| 2025-09-10 | 27.59% |
| 2025-09-09 | 27.58% |
| 2025-09-08 | 27.59% |
| 2025-09-05 | 27.56% |
| 2025-09-04 | 27.56% |
| 2025-09-03 | 27.56% |
| 2025-09-02 | 27.56% |
| 2025-08-29 | 27.56% |
| 2025-08-28 | 27.56% |
| 2025-08-27 | 27.58% |
| 2025-08-26 | 27.56% |
| 2025-08-25 | 27.58% |
| 2025-08-22 | 27.57% |
| 2025-08-21 | 27.57% |
| 2025-08-20 | 27.58% |
| 2025-08-19 | 27.58% |
| 2025-08-18 | 27.38% |
| 2025-08-15 | 27.37% |
| 2025-08-14 | 27.37% |
| 2025-08-13 | 27.39% |
| 2025-08-12 | 27.36% |
| 2025-08-11 | 27.36% |
| 2025-08-08 | 27.39% |
| 2025-08-07 | 27.38% |
| 2025-08-06 | 27.38% |
| 2025-08-05 | 27.36% |
| 2025-08-04 | 34.78% |
| 2025-08-01 | 34.78% |
| 2025-07-31 | 34.77% |
| 2025-07-30 | 34.77% |
| 2025-07-29 | 34.78% |
| 2025-07-28 | 34.76% |
| 2025-07-25 | 34.79% |
| 2025-07-24 | 34.76% |
| 2025-07-23 | 34.78% |
Showing the most recent 260 of 2,424 data points. The chart above shows the full history.
| 24.9% |
| 2019 | ($9.32) | $2.00 | N/A (Loss) |
| 2018 | $1.65 | $1.92 | 116.4% |
| 2017 | $0.90 | $1.76 | 195.6% |
| 2016 | $5.07 | $1.60 | 31.6% |
| 2015 | $5.18 | $1.44 | 27.8% |
| 2014 | $4.19 | $1.28 | 30.5% |
| 2013 | $1.57 | $1.14 | 72.6% |
| 2012 | $0.19 | $1.04 | 547.4% |
| 2011 | $6.07 | $0.96 | 15.8% |
| 2010 | $16.20 | $0.88 | 5.4% |
| 2009 | $2.11 | $0.80 | 37.9% |
| 2008 | $8.11 | $0.72 | 8.9% |
| 2007 | $6.11 | $0.66 | 10.8% |
| 2006 | $4.32 | $0.62 | 14.4% |
| 2005 | $4.73 | $0.56 | 11.8% |
| 2004 | $4.42 | $0.48 | 10.9% |
| 2003 | $4.12 | $0.42 | 10.2% |
| 2002 | $2.66 | $0.39 | 14.5% |
| 2001 | $1.87 | $0.10 | 5.1% |
| 2000 | $0.19 | $0.00 | 0.0% |
| 1999 | ($0.08) | $0.00 | N/A (Loss) |
