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 116.23% is 15% below its 5-year average of 136.48%, near the low end of its 5-year range (46.66%–570.93%).
As of Wednesday, August 5, 2026. 6.32% below its 12-month average of 124.07%.
Dividend Payout Ratio (116.23%) = TTM Dividends/Share ($5.23) / TTM EPS ($4.50)
DIVIDEND PAYOUT RATIO
116.23%
DIVIDEND PAYOUT RATIO AVG TTM
124.07%
DIVIDEND PAYOUT RATIO AVG 3Y
123.75%
DIVIDEND PAYOUT RATIO AVG 5Y
114.01%
DIVIDEND PAYOUT RATIO AVG 10Y
124.34%
DIVIDEND PAYOUT RATIO AVG 15Y
121.82%
DIVIDEND PAYOUT RATIO AVG 20Y
119.23%
CURRENT VS TTM AVG
-6.32%
CURRENT VS 3Y AVG
-6.08%
CURRENT VS 5Y AVG
+1.94%
CURRENT VS 10Y AVG
-6.53%
CURRENT VS 15Y AVG
-4.59%
CURRENT VS 20Y AVG
-2.52%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.88 | $4.69 | 120.9% |
| 2024 | $3.62 | $3.45 | 95.3% |
| 2023 | $1.84 | $3.32 | 180.4% |
| 2022 | $2.36 | $4.94 | 209.3% |
| 2021 | $8.14 | $3.57 | 43.9% |
| 2020 | $1.50 | $1.91 |
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 |
|---|---|
| 2026-08-05 | 116.23% |
| 2026-08-04 | 116.23% |
| 2026-08-03 | 139.12% |
| 2026-07-31 | 110.45% |
| 2026-07-30 | 110.44% |
| 2026-07-29 | 110.46% |
| 2026-07-28 | 110.46% |
| 2026-07-27 | 110.46% |
| 2026-07-24 | 110.45% |
| 2026-07-23 | 110.46% |
| 2026-07-22 | 127.10% |
| 2026-07-21 | 127.10% |
| 2026-07-20 | 127.09% |
| 2026-07-17 | 127.12% |
| 2026-07-16 | 127.09% |
| 2026-07-15 | 127.10% |
| 2026-07-14 | 127.12% |
| 2026-07-13 | 127.10% |
| 2026-07-10 | 127.11% |
| 2026-07-09 | 127.11% |
| 2026-07-08 | 127.12% |
| 2026-07-07 | 127.12% |
| 2026-07-06 | 127.13% |
| 2026-07-02 | 127.10% |
| 2026-07-01 | 127.13% |
| 2026-06-30 | 127.09% |
| 2026-06-29 | 127.11% |
| 2026-06-26 | 127.09% |
| 2026-06-25 | 127.10% |
| 2026-06-24 | 127.12% |
| 2026-06-23 | 127.12% |
| 2026-06-22 | 127.09% |
| 2026-06-18 | 127.11% |
| 2026-06-17 | 127.10% |
| 2026-06-16 | 127.10% |
| 2026-06-15 | 127.09% |
| 2026-06-12 | 127.09% |
| 2026-06-11 | 127.13% |
| 2026-06-10 | 127.10% |
| 2026-06-09 | 127.09% |
| 2026-06-08 | 127.09% |
| 2026-06-05 | 127.10% |
| 2026-06-04 | 127.11% |
| 2026-06-03 | 127.09% |
| 2026-06-02 | 127.12% |
| 2026-06-01 | 127.12% |
| 2026-05-29 | 127.13% |
| 2026-05-28 | 127.10% |
| 2026-05-27 | 127.11% |
| 2026-05-26 | 127.11% |
| 2026-05-22 | 127.11% |
| 2026-05-21 | 127.09% |
| 2026-05-20 | 127.11% |
| 2026-05-19 | 127.10% |
| 2026-05-18 | 127.10% |
| 2026-05-15 | 127.11% |
| 2026-05-14 | 127.11% |
| 2026-05-13 | 127.10% |
| 2026-05-12 | 127.12% |
| 2026-05-11 | 127.12% |
| 2026-05-08 | 127.09% |
| 2026-05-07 | 128.10% |
| 2026-05-06 | 128.11% |
| 2026-05-05 | 128.10% |
| 2026-05-04 | 128.08% |
| 2026-05-01 | 98.18% |
| 2026-04-30 | 98.21% |
| 2026-04-29 | 98.18% |
| 2026-04-28 | 98.20% |
| 2026-04-27 | 122.15% |
| 2026-04-24 | 122.15% |
| 2026-04-23 | 122.17% |
| 2026-04-22 | 122.18% |
| 2026-04-21 | 122.17% |
| 2026-04-20 | 122.15% |
| 2026-04-17 | 122.17% |
| 2026-04-16 | 122.15% |
| 2026-04-15 | 122.15% |
| 2026-04-14 | 122.17% |
| 2026-04-13 | 122.18% |
| 2026-04-10 | 122.18% |
| 2026-04-09 | 122.17% |
| 2026-04-08 | 122.18% |
| 2026-04-07 | 122.15% |
| 2026-04-06 | 122.17% |
| 2026-04-02 | 122.18% |
| 2026-04-01 | 122.18% |
| 2026-03-31 | 122.18% |
| 2026-03-30 | 122.15% |
| 2026-03-27 | 122.15% |
| 2026-03-26 | 122.19% |
| 2026-03-25 | 122.15% |
| 2026-03-24 | 122.17% |
| 2026-03-23 | 122.15% |
| 2026-03-20 | 122.16% |
| 2026-03-19 | 122.14% |
| 2026-03-18 | 122.16% |
| 2026-03-17 | 122.18% |
| 2026-03-16 | 122.17% |
| 2026-03-13 | 122.16% |
| 2026-03-12 | 122.17% |
| 2026-03-11 | 122.16% |
| 2026-03-10 | 122.16% |
| 2026-03-09 | 122.17% |
| 2026-03-06 | 122.15% |
| 2026-03-05 | 122.16% |
| 2026-03-04 | 122.18% |
| 2026-03-03 | 122.18% |
| 2026-03-02 | 122.15% |
| 2026-02-27 | 122.17% |
| 2026-02-26 | 135.43% |
| 2026-02-25 | 135.44% |
| 2026-02-24 | 135.43% |
| 2026-02-23 | 135.43% |
| 2026-02-20 | 135.43% |
| 2026-02-19 | 135.42% |
| 2026-02-18 | 135.42% |
| 2026-02-17 | 135.43% |
| 2026-02-13 | 135.42% |
| 2026-02-12 | 135.44% |
| 2026-02-11 | 135.41% |
| 2026-02-10 | 135.41% |
| 2026-02-09 | 176.58% |
| 2026-02-06 | 133.98% |
| 2026-02-05 | 134.01% |
| 2026-02-04 | 134.00% |
| 2026-02-03 | 133.99% |
| 2026-02-02 | 134.01% |
| 2026-01-30 | 134.00% |
| 2026-01-29 | 134.00% |
| 2026-01-28 | 134.00% |
| 2026-01-27 | 133.99% |
| 2026-01-26 | 134.01% |
| 2026-01-23 | 133.99% |
| 2026-01-22 | 134.00% |
| 2026-01-21 | 133.99% |
| 2026-01-20 | 133.99% |
| 2026-01-16 | 133.99% |
| 2026-01-15 | 134.01% |
| 2026-01-14 | 134.01% |
| 2026-01-13 | 134.01% |
| 2026-01-12 | 134.01% |
| 2026-01-09 | 133.99% |
| 2026-01-08 | 134.00% |
| 2026-01-07 | 133.99% |
| 2026-01-06 | 134.00% |
| 2026-01-05 | 134.01% |
| 2026-01-02 | 134.00% |
| 2025-12-31 | 134.00% |
| 2025-12-30 | 133.99% |
| 2025-12-29 | 133.99% |
| 2025-12-26 | 133.99% |
| 2025-12-24 | 134.00% |
| 2025-12-23 | 134.00% |
| 2025-12-22 | 133.99% |
| 2025-12-19 | 134.00% |
| 2025-12-18 | 133.99% |
| 2025-12-17 | 134.00% |
| 2025-12-16 | 133.99% |
| 2025-12-15 | 133.99% |
| 2025-12-12 | 133.99% |
| 2025-12-11 | 134.00% |
| 2025-12-10 | 133.99% |
| 2025-12-09 | 134.01% |
| 2025-12-08 | 134.00% |
| 2025-12-05 | 134.00% |
| 2025-12-04 | 133.99% |
| 2025-12-03 | 134.00% |
| 2025-12-02 | 134.01% |
| 2025-12-01 | 133.99% |
| 2025-11-28 | 133.99% |
| 2025-11-26 | 134.01% |
| 2025-11-25 | 134.00% |
| 2025-11-24 | 134.01% |
| 2025-11-21 | 133.99% |
| 2025-11-20 | 134.00% |
| 2025-11-19 | 133.99% |
| 2025-11-18 | 134.00% |
| 2025-11-17 | 134.00% |
| 2025-11-14 | 134.00% |
| 2025-11-13 | 134.01% |
| 2025-11-12 | 134.01% |
| 2025-11-11 | 133.99% |
| 2025-11-10 | 134.00% |
| 2025-11-07 | 134.01% |
| 2025-11-06 | 126.09% |
| 2025-11-05 | 126.09% |
| 2025-11-04 | 126.07% |
| 2025-11-03 | 126.07% |
| 2025-10-31 | 91.40% |
| 2025-10-30 | 91.40% |
| 2025-10-29 | 91.39% |
| 2025-10-28 | 91.40% |
| 2025-10-27 | 114.52% |
| 2025-10-24 | 114.52% |
| 2025-10-23 | 114.51% |
| 2025-10-22 | 114.51% |
| 2025-10-21 | 114.53% |
| 2025-10-20 | 114.52% |
| 2025-10-17 | 114.52% |
| 2025-10-16 | 114.53% |
| 2025-10-15 | 114.51% |
| 2025-10-14 | 114.51% |
| 2025-10-13 | 114.53% |
| 2025-10-10 | 114.53% |
| 2025-10-09 | 114.53% |
| 2025-10-08 | 114.51% |
| 2025-10-07 | 114.51% |
| 2025-10-06 | 114.51% |
| 2025-10-03 | 114.51% |
| 2025-10-02 | 114.52% |
| 2025-10-01 | 114.52% |
| 2025-09-30 | 114.52% |
| 2025-09-29 | 114.52% |
| 2025-09-26 | 114.52% |
| 2025-09-25 | 114.51% |
| 2025-09-24 | 114.51% |
| 2025-09-23 | 114.52% |
| 2025-09-22 | 114.51% |
| 2025-09-19 | 114.53% |
| 2025-09-18 | 114.52% |
| 2025-09-17 | 114.52% |
| 2025-09-16 | 114.52% |
| 2025-09-15 | 114.52% |
| 2025-09-12 | 114.52% |
| 2025-09-11 | 114.51% |
| 2025-09-10 | 114.51% |
| 2025-09-09 | 114.51% |
| 2025-09-08 | 114.53% |
| 2025-09-05 | 114.53% |
| 2025-09-04 | 114.51% |
| 2025-09-03 | 114.51% |
| 2025-09-02 | 114.52% |
| 2025-08-29 | 114.53% |
| 2025-08-28 | 114.51% |
| 2025-08-27 | 114.52% |
| 2025-08-26 | 114.51% |
| 2025-08-25 | 114.50% |
| 2025-08-22 | 114.51% |
| 2025-08-21 | 114.53% |
| 2025-08-20 | 114.51% |
| 2025-08-19 | 114.52% |
| 2025-08-18 | 114.52% |
| 2025-08-15 | 114.51% |
| 2025-08-14 | 114.52% |
| 2025-08-13 | 114.51% |
| 2025-08-12 | 114.51% |
| 2025-08-11 | 114.52% |
| 2025-08-08 | 114.53% |
| 2025-08-07 | 128.30% |
| 2025-08-06 | 128.32% |
| 2025-08-05 | 128.32% |
| 2025-08-04 | 128.32% |
| 2025-08-01 | 97.30% |
| 2025-07-31 | 97.30% |
| 2025-07-30 | 97.28% |
| 2025-07-29 | 97.30% |
| 2025-07-28 | 122.00% |
| 2025-07-25 | 121.98% |
| 2025-07-24 | 121.99% |
Showing the most recent 260 of 3,700 data points. The chart above shows the full history.
| 127.3% |
| 2019 | $3.03 | $1.92 | 63.4% |
| 2018 | $2.27 | $2.42 | 106.6% |
| 2017 | $2.21 | $2.32 | 105.0% |
| 2016 | $1.60 | $1.66 | 103.7% |
| 2015 | $1.12 | $2.86 | 254.9% |
| 2014 | $2.60 | $1.88 | 72.5% |
| 2013 | $2.00 | $1.16 | 57.9% |
| 2012 | $0.41 | $0.51 | 124.5% |
| 2011 | ($0.35) | $0.71 | N/A (Loss) |
| 2010 | ($1.02) | $0.59 | N/A (Loss) |
| 2009 | ($2.48) | $0.89 | N/A (Loss) |
| 2008 | ($4.33) | $1.18 | N/A (Loss) |
| 2007 | $6.24 | $0.29 | 4.7% |
| 2006 | $12.33 | $0.00 | 0.0% |
| 2005 | $7.24 | $0.00 | 0.0% |
| 2004 | $8.28 | $0.00 | 0.0% |
| 2003 | $4.97 | $0.00 | 0.0% |
| 2002 | $0.21 | $0.00 | 0.0% |
| 1999 | $10.75 | $0.00 | 0.0% |
