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 21.19% is in line with its 5-year average of 21.92%, around the middle of its 5-year range (13.95%–33.55%).
As of Monday, October 5, 2026. 4.56% below its 12-month average of 22.20%.
Dividend Payout Ratio (21.19%) = TTM Dividends/Share ($1.90) / TTM EPS ($8.97)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
21.19%
DIVIDEND PAYOUT RATIO AVG TTM
22.20%
DIVIDEND PAYOUT RATIO AVG 3Y
24.56%
DIVIDEND PAYOUT RATIO AVG 5Y
21.92%
DIVIDEND PAYOUT RATIO AVG 10Y
26.05%
DIVIDEND PAYOUT RATIO AVG 15Y
27.33%
DIVIDEND PAYOUT RATIO AVG 20Y
28.76%
CURRENT VS TTM AVG
-4.56%
CURRENT VS 3Y AVG
-13.75%
CURRENT VS 5Y AVG
-3.37%
CURRENT VS 10Y AVG
-18.67%
CURRENT VS 15Y AVG
-22.49%
CURRENT VS 20Y AVG
-26.35%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $8.29 | $1.84 | 22.2% |
| 2024-12-31 | $6.01 | $1.76 | 29.3% |
| 2023-12-31 | $6.92 | $1.76 | 25.4% |
| 2022-12-31 | $8.29 | $1.64 | 19.8% |
| 2021-12-31 | $7.95 | $1.58 | 19.9% |
| 2020-12-31 | $6.06 |
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 | 21.19% |
| 2026-10-02 | 21.18% |
| 2026-10-01 | 21.19% |
| 2026-09-30 | 21.18% |
| 2026-09-29 | 21.17% |
| 2026-09-28 | 21.19% |
| 2026-09-25 | 21.17% |
| 2026-09-24 | 21.18% |
| 2026-09-23 | 21.19% |
| 2026-09-22 | 21.18% |
| 2026-09-21 | 21.19% |
| 2026-09-18 | 21.17% |
| 2026-09-17 | 21.18% |
| 2026-09-16 | 21.18% |
| 2026-09-15 | 21.18% |
| 2026-09-14 | 20.97% |
| 2026-09-11 | 20.96% |
| 2026-09-10 | 20.96% |
| 2026-09-09 | 20.96% |
| 2026-09-08 | 20.95% |
| 2026-09-04 | 20.96% |
| 2026-09-03 | 20.96% |
| 2026-09-02 | 20.95% |
| 2026-09-01 | 20.96% |
| 2026-08-31 | 20.97% |
| 2026-08-28 | 20.96% |
| 2026-08-27 | 20.96% |
| 2026-08-26 | 20.96% |
| 2026-08-25 | 20.96% |
| 2026-08-24 | 20.96% |
| 2026-08-21 | 20.96% |
| 2026-08-20 | 20.95% |
| 2026-08-19 | 20.95% |
| 2026-08-18 | 20.96% |
| 2026-08-17 | 20.95% |
| 2026-08-14 | 20.95% |
| 2026-08-13 | 20.95% |
| 2026-08-12 | 20.96% |
| 2026-08-11 | 20.96% |
| 2026-08-10 | 21.59% |
| 2026-08-07 | 21.59% |
| 2026-08-06 | 21.59% |
| 2026-08-05 | 21.58% |
| 2026-08-04 | 21.59% |
| 2026-08-03 | 21.58% |
| 2026-07-31 | 21.58% |
| 2026-07-30 | 21.60% |
| 2026-07-29 | 21.58% |
| 2026-07-28 | 21.59% |
| 2026-07-27 | 21.58% |
| 2026-07-24 | 21.60% |
| 2026-07-23 | 21.59% |
| 2026-07-22 | 21.59% |
| 2026-07-21 | 21.59% |
| 2026-07-20 | 21.57% |
| 2026-07-17 | 21.58% |
| 2026-07-16 | 21.58% |
| 2026-07-15 | 21.60% |
| 2026-07-14 | 21.59% |
| 2026-07-13 | 21.59% |
| 2026-07-10 | 21.58% |
| 2026-07-09 | 21.58% |
| 2026-07-08 | 21.58% |
| 2026-07-07 | 21.57% |
| 2026-07-06 | 21.59% |
| 2026-07-02 | 21.57% |
| 2026-07-01 | 21.58% |
| 2026-06-30 | 21.57% |
| 2026-06-29 | 21.57% |
| 2026-06-26 | 21.57% |
| 2026-06-25 | 21.57% |
| 2026-06-24 | 21.58% |
| 2026-06-23 | 21.58% |
| 2026-06-22 | 21.57% |
| 2026-06-18 | 21.59% |
| 2026-06-17 | 21.57% |
| 2026-06-16 | 21.59% |
| 2026-06-15 | 21.60% |
| 2026-06-12 | 21.35% |
| 2026-06-11 | 21.36% |
| 2026-06-10 | 21.35% |
| 2026-06-09 | 21.35% |
| 2026-06-08 | 21.35% |
| 2026-06-05 | 21.36% |
| 2026-06-04 | 21.36% |
| 2026-06-03 | 21.35% |
| 2026-06-02 | 21.36% |
| 2026-06-01 | 21.34% |
| 2026-05-29 | 21.36% |
| 2026-05-28 | 21.35% |
| 2026-05-27 | 21.36% |
| 2026-05-26 | 21.36% |
| 2026-05-22 | 21.37% |
| 2026-05-21 | 21.36% |
| 2026-05-20 | 21.36% |
| 2026-05-19 | 21.36% |
| 2026-05-18 | 21.35% |
| 2026-05-15 | 21.36% |
| 2026-05-14 | 21.36% |
| 2026-05-13 | 21.35% |
| 2026-05-12 | 21.37% |
| 2026-05-11 | 22.44% |
| 2026-05-08 | 22.43% |
| 2026-05-07 | 22.45% |
| 2026-05-06 | 22.45% |
| 2026-05-05 | 22.43% |
| 2026-05-04 | 22.43% |
| 2026-05-01 | 22.44% |
| 2026-04-30 | 22.44% |
| 2026-04-29 | 22.43% |
| 2026-04-28 | 22.45% |
| 2026-04-27 | 22.43% |
| 2026-04-24 | 22.44% |
| 2026-04-23 | 22.44% |
| 2026-04-22 | 22.43% |
| 2026-04-21 | 22.44% |
| 2026-04-20 | 22.43% |
| 2026-04-17 | 22.43% |
| 2026-04-16 | 22.44% |
| 2026-04-15 | 22.44% |
| 2026-04-14 | 22.43% |
| 2026-04-13 | 22.43% |
| 2026-04-10 | 22.43% |
| 2026-04-09 | 22.44% |
| 2026-04-08 | 22.44% |
| 2026-04-07 | 22.44% |
| 2026-04-06 | 22.43% |
| 2026-04-02 | 22.44% |
| 2026-04-01 | 22.44% |
| 2026-03-31 | 22.44% |
| 2026-03-30 | 22.45% |
| 2026-03-27 | 22.43% |
| 2026-03-26 | 22.44% |
| 2026-03-25 | 22.45% |
| 2026-03-24 | 22.44% |
| 2026-03-23 | 22.44% |
| 2026-03-20 | 22.44% |
| 2026-03-19 | 22.45% |
| 2026-03-18 | 22.45% |
| 2026-03-17 | 22.44% |
| 2026-03-16 | 22.45% |
| 2026-03-13 | 27.97% |
| 2026-03-12 | 22.20% |
| 2026-03-11 | 22.20% |
| 2026-03-10 | 22.21% |
| 2026-03-09 | 22.20% |
| 2026-03-06 | 22.20% |
| 2026-03-05 | 22.18% |
| 2026-03-04 | 22.19% |
| 2026-03-03 | 22.75% |
| 2026-03-02 | 22.73% |
| 2026-02-27 | 22.74% |
| 2026-02-26 | 22.74% |
| 2026-02-25 | 22.74% |
| 2026-02-24 | 22.74% |
| 2026-02-23 | 22.76% |
| 2026-02-20 | 22.75% |
| 2026-02-19 | 22.74% |
| 2026-02-18 | 22.75% |
| 2026-02-17 | 22.73% |
| 2026-02-13 | 22.74% |
| 2026-02-12 | 22.75% |
| 2026-02-11 | 22.74% |
| 2026-02-10 | 22.74% |
| 2026-02-09 | 22.73% |
| 2026-02-06 | 22.74% |
| 2026-02-05 | 22.74% |
| 2026-02-04 | 22.74% |
| 2026-02-03 | 22.75% |
| 2026-02-02 | 22.74% |
| 2026-01-30 | 22.75% |
| 2026-01-29 | 22.75% |
| 2026-01-28 | 22.75% |
| 2026-01-27 | 22.73% |
| 2026-01-26 | 22.74% |
| 2026-01-23 | 22.74% |
| 2026-01-22 | 22.75% |
| 2026-01-21 | 22.74% |
| 2026-01-20 | 22.74% |
| 2026-01-16 | 22.73% |
| 2026-01-15 | 22.73% |
| 2026-01-14 | 22.75% |
| 2026-01-13 | 22.74% |
| 2026-01-12 | 22.74% |
| 2026-01-09 | 22.73% |
| 2026-01-08 | 22.75% |
| 2026-01-07 | 22.74% |
| 2026-01-06 | 22.73% |
| 2026-01-05 | 22.73% |
| 2026-01-02 | 22.75% |
| 2025-12-31 | 22.74% |
| 2025-12-30 | 22.74% |
| 2025-12-29 | 22.74% |
| 2025-12-26 | 22.74% |
| 2025-12-24 | 22.73% |
| 2025-12-23 | 22.75% |
| 2025-12-22 | 22.73% |
| 2025-12-19 | 22.75% |
| 2025-12-18 | 22.75% |
| 2025-12-17 | 22.75% |
| 2025-12-16 | 22.75% |
| 2025-12-15 | 22.75% |
| 2025-12-12 | 22.50% |
| 2025-12-11 | 22.49% |
| 2025-12-10 | 22.49% |
| 2025-12-09 | 22.50% |
| 2025-12-08 | 22.51% |
| 2025-12-05 | 22.49% |
| 2025-12-04 | 22.50% |
| 2025-12-03 | 22.50% |
| 2025-12-02 | 22.49% |
| 2025-12-01 | 22.51% |
| 2025-11-28 | 22.48% |
| 2025-11-26 | 22.51% |
| 2025-11-25 | 22.50% |
| 2025-11-24 | 22.49% |
| 2025-11-21 | 22.49% |
| 2025-11-20 | 22.50% |
| 2025-11-19 | 22.49% |
| 2025-11-18 | 22.50% |
| 2025-11-17 | 22.49% |
| 2025-11-14 | 22.49% |
| 2025-11-13 | 22.49% |
| 2025-11-12 | 22.50% |
| 2025-11-11 | 22.49% |
| 2025-11-10 | 22.51% |
| 2025-11-07 | 22.50% |
| 2025-11-06 | 22.50% |
| 2025-11-05 | 22.51% |
| 2025-11-04 | 24.12% |
| 2025-11-03 | 24.11% |
| 2025-10-31 | 24.10% |
| 2025-10-30 | 24.09% |
| 2025-10-29 | 24.11% |
| 2025-10-28 | 24.11% |
| 2025-10-27 | 24.10% |
| 2025-10-24 | 24.11% |
| 2025-10-23 | 24.10% |
| 2025-10-22 | 24.12% |
| 2025-10-21 | 24.12% |
| 2025-10-20 | 24.10% |
| 2025-10-17 | 24.10% |
| 2025-10-16 | 24.12% |
| 2025-10-15 | 24.11% |
| 2025-10-14 | 24.12% |
| 2025-10-13 | 24.12% |
| 2025-10-10 | 24.12% |
| 2025-10-09 | 24.10% |
| 2025-10-08 | 24.11% |
| 2025-10-07 | 24.10% |
| 2025-10-06 | 24.10% |
| 2025-10-03 | 24.11% |
| 2025-10-02 | 24.11% |
| 2025-10-01 | 24.11% |
| 2025-09-30 | 24.10% |
| 2025-09-29 | 24.11% |
| 2025-09-26 | 24.12% |
| 2025-09-25 | 24.10% |
| 2025-09-24 | 24.10% |
| 2025-09-23 | 24.10% |
Showing the most recent 260 of 2,652 data points. The chart above shows the full history.
| $1.52 |
| 25.1% |
| 2019-12-31 | $5.47 | $1.49 | 27.2% |
| 2018-12-31 | $5.15 | $1.41 | 27.4% |
| 2017-12-31 | $1.89 | $1.33 | 70.4% |
| 2016-12-31 | $3.90 | $1.29 | 33.1% |
| 2015-12-31 | $3.68 | $1.22 | 33.2% |
| 2014-12-31 | $3.63 | $1.19 | 32.8% |
| 2013-12-31 | $4.37 | $1.16 | 26.5% |
| 2012-12-31 | $5.00 | $1.08 | 21.6% |
| 2011-12-31 | $3.76 | $1.01 | 26.9% |
| 2010-12-31 | $2.26 | $1.00 | 44.2% |
| 2009-12-31 | $1.44 | $1.06 | 73.6% |
| 2008-12-31 | $1.38 | $1.24 | 89.9% |
| 2007-12-31 | $2.79 | $1.24 | 44.4% |
| 2006-12-31 | $3.85 | $1.16 | 30.1% |
| 2005-12-31 | $3.49 | $1.00 | 28.7% |
| 2004-12-31 | $3.14 | $0.90 | 28.7% |
| 2003-12-31 | $3.58 | $0.72 | 20.1% |
| 2002-12-31 | $2.73 | $0.62 | 22.7% |
| 2001-12-31 | $2.25 | $0.58 | 25.8% |
| 2000-12-31 | $1.62 | $0.53 | 32.7% |
| 1999-12-31 | $1.83 | $0.49 | 26.8% |
| 1998-12-31 | $1.59 | $0.33 | 20.8% |
