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 12.97% is 13% below its 4-year average of 14.84%, around the middle of its 4-year range (4.78%–30.21%).
As of Monday, October 5, 2026. 0.41% below its 12-month average of 13.03%.
Dividend Payout Ratio (12.97%) = TTM Dividends/Share ($1.65) / TTM EPS ($12.72)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
12.97%
DIVIDEND PAYOUT RATIO AVG TTM
13.03%
DIVIDEND PAYOUT RATIO AVG 3Y
13.03%
DIVIDEND PAYOUT RATIO AVG 5Y
14.84%
DIVIDEND PAYOUT RATIO AVG 10Y
N/A
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-0.41%
CURRENT VS 3Y AVG
-0.41%
CURRENT VS 5Y AVG
-12.59%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $5.79 | $1.65 | 28.5% |
| 2024-12-31 | $4.64 | $1.65 | 35.6% |
| 2023-12-31 | ($18.65) | $1.65 | N/A (Loss) |
| 2022-12-31 | $51.73 | $1.65 | 3.2% |
| 2021-12-31 | $18.55 | $1.65 | 8.9% |
| 2020-12-31 | ($11.59) |
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 | 12.97% |
| 2026-10-02 | 13.03% |
| 2026-10-01 | 12.98% |
| 2026-09-30 | 13.06% |
| 2026-09-29 | 13.04% |
| 2026-09-28 | 13.06% |
| 2026-09-25 | 13.04% |
| 2026-09-24 | 12.98% |
| 2026-09-23 | 13.06% |
| 2026-09-22 | 13.01% |
| 2026-09-21 | 13.01% |
| 2026-09-18 | 13.00% |
| 2026-09-17 | 12.96% |
| 2026-09-16 | 12.97% |
| 2026-09-15 | 12.96% |
| 2026-09-14 | 13.05% |
| 2026-09-11 | 13.08% |
| 2026-09-10 | 13.07% |
| 2026-09-09 | 13.00% |
| 2026-09-08 | 13.07% |
| 2026-09-04 | 13.04% |
| 2026-09-03 | 13.08% |
| 2026-09-02 | 12.98% |
| 2026-09-01 | 13.06% |
| 2026-08-31 | 13.07% |
| 2026-08-28 | 13.06% |
| 2026-08-27 | 13.04% |
| 2026-08-26 | 13.05% |
| 2026-08-25 | 12.97% |
| 2026-08-24 | 13.00% |
| 2026-08-21 | 12.98% |
| 2026-08-20 | 12.96% |
| 2026-08-19 | 13.07% |
| 2026-08-18 | 13.05% |
| 2026-08-17 | 13.07% |
| 2026-08-14 | 13.05% |
| 2026-08-13 | 13.00% |
| 2026-08-12 | 13.02% |
| 2026-08-11 | 13.07% |
| 2026-08-10 | 13.00% |
| 2026-08-07 | 13.07% |
| 2023-08-09 | 24.21% |
| 2023-08-08 | 24.16% |
| 2023-08-07 | 24.18% |
| 2023-08-04 | 24.23% |
| 2023-08-03 | 24.23% |
| 2023-08-02 | 24.19% |
| 2023-08-01 | 24.16% |
| 2023-07-31 | 24.16% |
| 2023-07-28 | 24.16% |
| 2023-07-27 | 24.20% |
| 2023-07-26 | 24.17% |
| 2023-07-25 | 24.23% |
| 2023-07-24 | 24.16% |
| 2023-07-21 | 24.17% |
| 2023-07-20 | 24.21% |
| 2023-07-19 | 24.23% |
| 2023-07-18 | 24.20% |
| 2023-07-17 | 24.23% |
| 2023-07-14 | 24.22% |
| 2023-07-13 | 24.21% |
| 2023-07-12 | 24.17% |
| 2023-07-11 | 24.20% |
| 2023-07-10 | 24.21% |
| 2023-07-07 | 24.16% |
| 2023-07-06 | 24.21% |
| 2023-07-05 | 24.21% |
| 2023-07-03 | 24.16% |
| 2023-06-30 | 24.21% |
| 2023-06-29 | 24.17% |
| 2023-06-28 | 24.23% |
| 2023-06-27 | 24.23% |
| 2023-06-26 | 24.22% |
| 2023-06-23 | 24.20% |
| 2023-06-22 | 24.18% |
| 2023-06-21 | 24.21% |
| 2023-06-20 | 24.21% |
| 2023-06-16 | 24.23% |
| 2023-06-15 | 24.17% |
| 2023-06-14 | 24.21% |
| 2023-06-13 | 24.16% |
| 2023-06-12 | 24.21% |
| 2023-06-09 | 24.16% |
| 2023-06-08 | 30.21% |
| 2023-06-07 | 24.22% |
| 2023-06-06 | 24.17% |
| 2023-06-05 | 24.16% |
| 2023-06-02 | 24.16% |
| 2023-06-01 | 24.21% |
| 2023-05-31 | 24.21% |
| 2023-05-30 | 24.19% |
| 2023-05-26 | 24.17% |
| 2023-05-25 | 24.22% |
| 2023-05-24 | 24.23% |
| 2023-05-23 | 24.20% |
| 2023-05-22 | 24.16% |
| 2023-05-19 | 24.20% |
| 2023-05-18 | 24.16% |
| 2023-05-17 | 24.21% |
| 2023-05-16 | 24.19% |
| 2023-05-15 | 24.19% |
| 2023-05-12 | 24.22% |
| 2023-05-11 | 24.19% |
| 2023-05-10 | 24.22% |
| 2023-05-09 | 4.78% |
| 2023-05-08 | 4.81% |
| 2023-05-05 | 4.80% |
| 2023-05-04 | 4.85% |
| 2023-05-03 | 4.80% |
| 2023-05-02 | 4.85% |
| 2023-05-01 | 4.84% |
| 2023-04-28 | 4.82% |
| 2023-04-27 | 4.80% |
| 2023-04-26 | 4.82% |
| 2023-04-25 | 4.84% |
| 2023-04-24 | 4.83% |
| 2023-04-21 | 4.82% |
| 2023-04-20 | 4.82% |
| 2023-04-19 | 4.79% |
| 2023-04-18 | 4.80% |
| 2023-04-17 | 4.78% |
| 2023-04-14 | 4.83% |
| 2023-04-13 | 4.81% |
| 2023-04-12 | 4.83% |
| 2023-04-11 | 4.83% |
| 2023-04-10 | 4.79% |
| 2023-04-06 | 4.84% |
| 2023-04-05 | 4.85% |
| 2023-04-04 | 4.81% |
| 2023-04-03 | 4.82% |
| 2023-03-31 | 4.79% |
| 2023-03-30 | 4.85% |
| 2023-03-29 | 4.84% |
| 2023-03-28 | 4.81% |
| 2023-03-27 | 4.86% |
| 2023-03-24 | 4.82% |
| 2023-03-23 | 4.83% |
| 2023-03-22 | 4.83% |
| 2023-03-21 | 4.80% |
| 2023-03-20 | 4.82% |
| 2023-03-17 | 4.83% |
| 2023-03-16 | 4.83% |
| 2023-03-15 | 4.82% |
| 2023-03-14 | 4.80% |
| 2023-03-13 | 4.82% |
| 2023-03-10 | 4.80% |
| 2023-03-09 | 4.85% |
| 2023-03-08 | 4.82% |
| 2023-03-07 | 4.80% |
| 2023-03-06 | 4.82% |
| 2023-03-03 | 4.81% |
| 2023-03-02 | 4.85% |
| 2023-03-01 | 4.85% |
| 2023-02-28 | 4.81% |
| 2023-02-27 | 4.84% |
| 2023-02-24 | 4.85% |
| 2020-11-06 | 7.43% |
| 2020-11-05 | 7.39% |
| 2020-11-04 | 7.39% |
| 2020-11-03 | 7.40% |
| 2020-11-02 | 7.44% |
| 2020-10-30 | 7.41% |
| 2020-10-29 | 7.40% |
| 2020-10-28 | 7.41% |
| 2020-10-27 | 7.43% |
| 2020-10-26 | 7.40% |
| 2020-10-23 | 7.42% |
| 2020-10-22 | 7.38% |
| 2020-10-21 | 7.43% |
| 2020-10-20 | 7.38% |
| 2020-10-19 | 7.39% |
| 2020-10-16 | 7.43% |
| 2020-10-15 | 7.41% |
| 2020-10-14 | 7.42% |
| 2020-10-13 | 7.41% |
| 2020-10-12 | 7.41% |
| 2020-10-09 | 7.43% |
| 2020-10-08 | 7.39% |
| 2020-10-07 | 7.44% |
| 2020-10-06 | 7.43% |
| 2020-10-05 | 7.44% |
| 2020-10-02 | 7.44% |
| 2020-10-01 | 7.41% |
| 2020-09-30 | 7.44% |
| 2020-09-29 | 7.43% |
| 2020-09-28 | 7.42% |
| 2020-09-25 | 7.42% |
| 2020-09-24 | 7.41% |
| 2020-09-23 | 7.43% |
| 2020-09-22 | 7.41% |
| 2020-09-21 | 7.41% |
| 2020-09-18 | 7.39% |
| 2020-09-17 | 7.42% |
| 2020-09-16 | 7.44% |
| 2020-09-15 | 7.41% |
| 2020-09-14 | 7.42% |
| 2020-09-11 | 7.42% |
| 2020-09-10 | 7.40% |
| 2020-09-09 | 7.43% |
| 2020-09-08 | 5.57% |
| 2020-09-04 | 7.38% |
| 2020-09-03 | 7.40% |
| 2020-09-02 | 7.41% |
| 2020-09-01 | 7.44% |
| 2020-08-31 | 7.40% |
| 2020-08-28 | 7.40% |
| 2020-08-27 | 7.42% |
| 2020-08-26 | 7.39% |
| 2020-08-25 | 7.42% |
| 2020-08-24 | 7.40% |
| 2020-08-21 | 7.42% |
| 2020-08-20 | 7.41% |
| 2020-08-19 | 7.43% |
| 2020-08-18 | 7.43% |
| 2020-08-17 | 7.42% |
| 2020-08-14 | 7.42% |
| 2020-08-13 | 7.41% |
| 2020-08-12 | 7.44% |
| 2020-08-11 | 7.42% |
| 2020-08-10 | 7.44% |
| 2020-08-07 | 3.56% |
| 2020-08-06 | 3.56% |
| 2020-08-05 | 3.57% |
| 2020-08-04 | 3.54% |
| 2020-08-03 | 3.56% |
| 2020-07-31 | 3.55% |
| 2020-07-30 | 3.57% |
| 2020-07-29 | 3.57% |
| 2020-07-28 | 3.55% |
| 2020-07-27 | 3.56% |
| 2020-07-24 | 3.53% |
| 2020-07-23 | 3.54% |
| 2020-07-22 | 3.54% |
| 2020-07-21 | 3.53% |
| 2020-07-20 | 3.54% |
| 2020-07-17 | 3.52% |
| 2020-07-16 | 3.56% |
| 2020-07-15 | 3.54% |
| 2020-07-14 | 3.52% |
| 2020-07-13 | 3.54% |
| 2020-07-10 | 3.55% |
| 2020-07-09 | 3.57% |
| 2020-07-08 | 3.51% |
| 2020-07-07 | 3.53% |
| 2020-07-06 | 3.52% |
| 2020-07-02 | 3.54% |
| 2020-07-01 | 3.55% |
| 2020-06-30 | 3.54% |
| 2020-06-29 | 3.54% |
| 2020-06-26 | 3.58% |
| 2020-06-25 | 3.53% |
| 2020-06-24 | 3.51% |
| 2020-06-23 | 3.51% |
| 2020-06-22 | 3.55% |
| 2020-06-19 | 3.57% |
| 2020-06-18 | 3.53% |
| 2020-06-17 | 3.54% |
| 2020-06-16 | 3.55% |
| 2020-06-15 | 3.55% |
| 2020-06-12 | 3.55% |
Showing the most recent 260 of 464 data points. The chart above shows the full history.
| $1.65 |
| N/A (Loss) |
| 2019-12-31 | ($6.53) | $1.24 | N/A (Loss) |
