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 24.09% is 73% below its 5-year average of 90.42%, near the low end of its 5-year range (20.74%–193.97%).
As of Tuesday, August 11, 2026. 57.31% below its 12-month average of 56.43%.
Dividend Payout Ratio (24.09%) = TTM Dividends/Share ($1.05) / TTM EPS ($4.36)
DIVIDEND PAYOUT RATIO
24.09%
DIVIDEND PAYOUT RATIO AVG TTM
56.43%
DIVIDEND PAYOUT RATIO AVG 3Y
74.79%
DIVIDEND PAYOUT RATIO AVG 5Y
90.42%
DIVIDEND PAYOUT RATIO AVG 10Y
101.18%
DIVIDEND PAYOUT RATIO AVG 15Y
80.89%
DIVIDEND PAYOUT RATIO AVG 20Y
75.78%
CURRENT VS TTM AVG
-57.31%
CURRENT VS 3Y AVG
-67.79%
CURRENT VS 5Y AVG
-73.36%
CURRENT VS 10Y AVG
-76.19%
CURRENT VS 15Y AVG
-70.22%
CURRENT VS 20Y AVG
-68.21%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2026 | $4.17 | $0.70 | 16.8% |
| 2025 | $3.92 | $3.90 | 99.5% |
| 2024 | $4.44 | $3.90 | 87.8% |
| 2023 | $5.17 | $4.05 | 78.3% |
| 2022 | $5.20 | $1.05 | 20.2% |
| 2021 | $2.67 | $6.99 |
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 |
|---|---|
| 2026-08-11 | 24.09% |
| 2026-08-10 | 24.08% |
| 2026-08-07 | 24.09% |
| 2026-08-06 | 24.09% |
| 2026-08-05 | 24.09% |
| 2026-08-04 | 24.09% |
| 2026-08-03 | 24.07% |
| 2026-07-31 | 24.08% |
| 2026-07-30 | 24.07% |
| 2026-07-29 | 24.08% |
| 2026-07-28 | 24.09% |
| 2026-07-27 | 24.08% |
| 2026-07-24 | 24.08% |
| 2026-07-23 | 24.08% |
| 2026-07-22 | 24.09% |
| 2026-07-21 | 24.08% |
| 2026-07-20 | 24.09% |
| 2026-07-17 | 24.08% |
| 2026-07-16 | 24.08% |
| 2026-07-15 | 24.09% |
| 2026-07-14 | 24.07% |
| 2026-07-13 | 24.08% |
| 2026-07-10 | 24.09% |
| 2026-07-09 | 24.09% |
| 2026-07-08 | 24.08% |
| 2026-07-07 | 24.08% |
| 2026-07-06 | 24.08% |
| 2026-07-02 | 24.09% |
| 2026-07-01 | 24.09% |
| 2026-06-30 | 24.09% |
| 2026-06-29 | 24.09% |
| 2026-06-26 | 24.09% |
| 2026-06-25 | 24.08% |
| 2026-06-24 | 24.08% |
| 2026-06-23 | 24.09% |
| 2026-06-22 | 24.08% |
| 2026-06-18 | 24.08% |
| 2026-06-17 | 24.08% |
| 2026-06-16 | 24.09% |
| 2026-06-15 | 24.07% |
| 2026-06-12 | 24.09% |
| 2026-06-11 | 24.07% |
| 2026-06-10 | 25.37% |
| 2026-06-09 | 25.35% |
| 2026-06-08 | 25.36% |
| 2026-06-05 | 25.37% |
| 2026-06-04 | 25.36% |
| 2026-06-03 | 25.36% |
| 2026-06-02 | 25.35% |
| 2026-06-01 | 25.36% |
| 2026-05-29 | 25.36% |
| 2026-05-28 | 25.36% |
| 2026-05-27 | 25.36% |
| 2026-05-26 | 25.35% |
| 2026-05-22 | 25.37% |
| 2026-05-21 | 25.36% |
| 2026-05-20 | 25.37% |
| 2026-05-19 | 25.37% |
| 2026-05-18 | 25.35% |
| 2026-05-15 | 25.36% |
| 2026-05-14 | 25.37% |
| 2026-05-13 | 25.37% |
| 2026-05-12 | 25.37% |
| 2026-05-11 | 25.36% |
| 2026-05-08 | 25.36% |
| 2026-05-07 | 25.37% |
| 2026-05-06 | 25.37% |
| 2026-05-05 | 25.36% |
| 2026-05-04 | 25.37% |
| 2026-05-01 | 25.36% |
| 2026-04-30 | 25.36% |
| 2026-04-29 | 25.36% |
| 2026-04-28 | 25.35% |
| 2026-04-27 | 25.37% |
| 2026-04-24 | 25.36% |
| 2026-04-23 | 25.36% |
| 2026-04-22 | 25.35% |
| 2026-04-21 | 25.37% |
| 2026-04-20 | 25.36% |
| 2026-04-17 | 25.36% |
| 2026-04-16 | 25.35% |
| 2026-04-15 | 25.36% |
| 2026-04-14 | 25.37% |
| 2026-04-13 | 25.36% |
| 2026-04-10 | 25.35% |
| 2026-04-09 | 25.37% |
| 2026-04-08 | 25.37% |
| 2026-04-07 | 25.36% |
| 2026-04-06 | 25.36% |
| 2026-04-02 | 25.36% |
| 2026-04-01 | 25.37% |
| 2026-03-31 | 25.73% |
| 2026-03-30 | 25.74% |
| 2026-03-27 | 25.74% |
| 2026-03-26 | 25.74% |
| 2026-03-25 | 25.73% |
| 2026-03-24 | 25.73% |
| 2026-03-23 | 25.74% |
| 2026-03-20 | 25.74% |
| 2026-03-19 | 25.74% |
| 2026-03-18 | 25.73% |
| 2026-03-17 | 25.74% |
| 2026-03-16 | 25.74% |
| 2026-03-13 | 25.73% |
| 2026-03-12 | 25.74% |
| 2026-03-11 | 25.73% |
| 2026-03-10 | 25.73% |
| 2026-03-09 | 25.73% |
| 2026-03-06 | 25.74% |
| 2026-03-05 | 25.73% |
| 2026-03-04 | 25.73% |
| 2026-03-03 | 25.74% |
| 2026-03-02 | 25.73% |
| 2026-02-27 | 25.73% |
| 2026-02-26 | 25.73% |
| 2026-02-25 | 25.73% |
| 2026-02-24 | 25.74% |
| 2026-02-23 | 25.73% |
| 2026-02-20 | 25.73% |
| 2026-02-19 | 25.73% |
| 2026-02-18 | 25.73% |
| 2026-02-17 | 25.73% |
| 2026-02-13 | 25.73% |
| 2026-02-12 | 25.73% |
| 2026-02-11 | 25.73% |
| 2026-02-10 | 25.74% |
| 2026-02-09 | 25.73% |
| 2026-02-06 | 25.74% |
| 2026-02-05 | 25.73% |
| 2026-02-04 | 25.75% |
| 2026-02-03 | 25.74% |
| 2026-02-02 | 25.73% |
| 2026-01-30 | 25.73% |
| 2026-01-29 | 25.73% |
| 2026-01-28 | 25.73% |
| 2026-01-27 | 25.73% |
| 2026-01-26 | 25.73% |
| 2026-01-23 | 25.73% |
| 2026-01-22 | 25.73% |
| 2026-01-21 | 25.73% |
| 2026-01-20 | 25.73% |
| 2026-01-16 | 25.73% |
| 2026-01-15 | 25.73% |
| 2026-01-14 | 95.56% |
| 2026-01-13 | 95.56% |
| 2026-01-12 | 95.57% |
| 2026-01-09 | 95.57% |
| 2026-01-08 | 95.59% |
| 2026-01-07 | 95.60% |
| 2026-01-06 | 95.57% |
| 2026-01-05 | 95.59% |
| 2026-01-02 | 95.58% |
| 2025-12-31 | 95.57% |
| 2025-12-30 | 95.58% |
| 2025-12-29 | 95.56% |
| 2025-12-26 | 95.60% |
| 2025-12-24 | 95.59% |
| 2025-12-23 | 95.61% |
| 2025-12-22 | 95.57% |
| 2025-12-19 | 95.56% |
| 2025-12-18 | 95.61% |
| 2025-12-17 | 95.56% |
| 2025-12-16 | 95.61% |
| 2025-12-15 | 95.62% |
| 2025-12-12 | 95.57% |
| 2025-12-11 | 95.56% |
| 2025-12-10 | 97.53% |
| 2025-12-09 | 97.50% |
| 2025-12-08 | 97.52% |
| 2025-12-05 | 97.52% |
| 2025-12-04 | 97.50% |
| 2025-12-03 | 97.48% |
| 2025-12-02 | 97.53% |
| 2025-12-01 | 97.52% |
| 2025-11-28 | 97.50% |
| 2025-11-26 | 97.52% |
| 2025-11-25 | 97.48% |
| 2025-11-24 | 97.52% |
| 2025-11-21 | 97.52% |
| 2025-11-20 | 97.54% |
| 2025-11-19 | 97.52% |
| 2025-11-18 | 97.50% |
| 2025-11-17 | 97.48% |
| 2025-11-14 | 97.50% |
| 2025-11-13 | 97.52% |
| 2025-11-12 | 97.52% |
| 2025-11-11 | 97.50% |
| 2025-11-10 | 97.48% |
| 2025-11-07 | 97.50% |
| 2025-11-06 | 97.53% |
| 2025-11-05 | 97.53% |
| 2025-11-04 | 97.50% |
| 2025-11-03 | 97.54% |
| 2025-10-31 | 97.50% |
| 2025-10-30 | 97.50% |
| 2025-10-29 | 97.52% |
| 2025-10-28 | 97.54% |
| 2025-10-27 | 97.50% |
| 2025-10-24 | 97.54% |
| 2025-10-23 | 97.52% |
| 2025-10-22 | 97.54% |
| 2025-10-21 | 97.48% |
| 2025-10-20 | 97.50% |
| 2025-10-17 | 97.48% |
| 2025-10-16 | 97.52% |
| 2025-10-15 | 97.54% |
| 2025-10-14 | 88.73% |
| 2025-10-13 | 88.75% |
| 2025-10-10 | 97.48% |
| 2025-10-09 | 97.54% |
| 2025-10-08 | 97.52% |
| 2025-10-07 | 97.50% |
| 2025-10-06 | 97.48% |
| 2025-10-03 | 97.53% |
| 2025-10-02 | 97.53% |
| 2025-10-01 | 97.50% |
| 2025-09-30 | 97.53% |
| 2025-09-29 | 97.50% |
| 2025-09-26 | 97.52% |
| 2025-09-25 | 97.48% |
| 2025-09-24 | 97.52% |
| 2025-09-23 | 97.50% |
| 2025-09-22 | 97.52% |
| 2025-09-19 | 97.48% |
| 2025-09-18 | 97.48% |
| 2025-09-17 | 97.50% |
| 2025-09-16 | 97.48% |
| 2025-09-15 | 97.48% |
| 2025-09-12 | 97.50% |
| 2025-09-11 | 97.53% |
| 2025-09-10 | 100.24% |
| 2025-09-09 | 100.27% |
| 2025-09-08 | 100.24% |
| 2025-09-05 | 100.28% |
| 2025-09-04 | 100.27% |
| 2025-09-03 | 100.23% |
| 2025-09-02 | 100.25% |
| 2025-08-29 | 100.27% |
| 2025-08-28 | 100.25% |
| 2025-08-27 | 100.23% |
| 2025-08-26 | 100.24% |
| 2025-08-25 | 100.26% |
| 2025-08-22 | 100.24% |
| 2025-08-21 | 100.26% |
| 2025-08-20 | 100.26% |
| 2025-08-19 | 100.26% |
| 2025-08-18 | 100.29% |
| 2025-08-15 | 100.27% |
| 2025-08-14 | 100.23% |
| 2025-08-13 | 100.26% |
| 2025-08-12 | 100.23% |
| 2025-08-11 | 100.28% |
| 2025-08-08 | 100.28% |
| 2025-08-07 | 100.28% |
| 2025-08-06 | 100.25% |
| 2025-08-05 | 100.29% |
| 2025-08-04 | 100.24% |
| 2025-08-01 | 100.29% |
| 2025-07-31 | 100.25% |
| 2025-07-30 | 100.22% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| 261.8% |
| 2020 | $2.15 | $4.15 | 193.0% |
| 2019 | $1.97 | $2.00 | 101.5% |
| 2018 | $1.86 | $2.50 | 134.4% |
| 2017 | $2.04 | $1.50 | 73.5% |
| 2016 | $3.06 | $2.00 | 65.4% |
| 2015 | $3.39 | $3.46 | 102.1% |
| 2014 | $3.41 | $2.08 | 61.0% |
| 2013 | $3.47 | $0.59 | 16.9% |
| 2012 | $3.23 | $0.78 | 24.2% |
| 2011 | $2.92 | $0.59 | 20.1% |
| 2010 | $2.79 | $3.22 | 115.5% |
| 2009 | $2.30 | $0.59 | 25.5% |
| 2008 | $1.69 | $2.64 | 156.0% |
| 2007 | $1.29 | $0.42 | 32.8% |
| 2006 | $1.17 | $0.31 | 26.3% |
| 2005 | $0.90 | $0.24 | 27.0% |
| 2004 | $0.71 | $0.18 | 25.7% |
| 2003 | $0.68 | $0.00 | 0.0% |
| 2002 | $0.71 | $0.00 | 0.0% |
| 2001 | $0.75 | $0.00 | 0.0% |
| 2000 | $0.77 | $0.00 | 0.0% |
| 1999 | $0.69 | $0.00 | 0.0% |
| 1998 | $0.49 | $0.00 | 0.0% |
| 1997 | $0.29 | $0.00 | 0.0% |
