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 16.93% is 16% below its 5-year average of 20.10%, near the low end of its 5-year range (12.14%–46.23%).
As of Friday, August 7, 2026. 8.28% above its 12-month average of 15.63%.
Dividend Payout Ratio (16.93%) = TTM Dividends/Share ($0.97) / TTM EPS ($5.73)
DIVIDEND PAYOUT RATIO
16.93%
DIVIDEND PAYOUT RATIO AVG TTM
15.63%
DIVIDEND PAYOUT RATIO AVG 3Y
16.55%
DIVIDEND PAYOUT RATIO AVG 5Y
20.10%
DIVIDEND PAYOUT RATIO AVG 10Y
30.00%
DIVIDEND PAYOUT RATIO AVG 15Y
31.14%
DIVIDEND PAYOUT RATIO AVG 20Y
31.12%
CURRENT VS TTM AVG
+8.28%
CURRENT VS 3Y AVG
+2.26%
CURRENT VS 5Y AVG
-15.80%
CURRENT VS 10Y AVG
-43.58%
CURRENT VS 15Y AVG
-45.64%
CURRENT VS 20Y AVG
-45.61%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $6.38 | $0.92 | 14.4% |
| 2024 | $5.15 | $0.82 | 15.9% |
| 2023 | $4.51 | $1.01 | 22.4% |
| 2022 | $7.11 | $1.88 | 26.4% |
| 2021 | $7.46 | $1.72 | 23.1% |
| 2020 | $3.10 | $1.72 |
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 |
|---|---|
| 2026-08-07 | 16.93% |
| 2026-08-06 | 16.93% |
| 2026-08-05 | 16.93% |
| 2026-08-04 | 16.93% |
| 2026-08-03 | 16.93% |
| 2026-07-31 | 16.93% |
| 2026-07-30 | 17.77% |
| 2026-07-29 | 17.76% |
| 2026-07-28 | 17.76% |
| 2026-07-27 | 17.76% |
| 2026-07-24 | 17.77% |
| 2026-07-23 | 17.77% |
| 2026-07-22 | 17.77% |
| 2026-07-21 | 17.76% |
| 2026-07-20 | 17.76% |
| 2026-07-17 | 17.76% |
| 2026-07-16 | 17.76% |
| 2026-07-15 | 17.77% |
| 2026-07-14 | 17.77% |
| 2026-07-13 | 17.76% |
| 2026-07-10 | 17.76% |
| 2026-07-09 | 17.77% |
| 2026-07-08 | 17.77% |
| 2026-07-07 | 17.77% |
| 2026-07-06 | 17.76% |
| 2026-07-02 | 17.77% |
| 2026-07-01 | 17.77% |
| 2026-06-30 | 17.77% |
| 2026-06-29 | 17.77% |
| 2026-06-26 | 17.77% |
| 2026-06-25 | 17.77% |
| 2026-06-24 | 17.77% |
| 2026-06-23 | 17.76% |
| 2026-06-22 | 17.77% |
| 2026-06-18 | 17.77% |
| 2026-06-17 | 17.77% |
| 2026-06-16 | 17.77% |
| 2026-06-15 | 17.76% |
| 2026-06-12 | 17.76% |
| 2026-06-11 | 17.77% |
| 2026-06-10 | 17.76% |
| 2026-06-09 | 17.77% |
| 2026-06-08 | 17.77% |
| 2026-06-05 | 17.77% |
| 2026-06-04 | 17.77% |
| 2026-06-03 | 17.76% |
| 2026-06-02 | 17.77% |
| 2026-06-01 | 17.76% |
| 2026-05-29 | 21.98% |
| 2026-05-28 | 17.31% |
| 2026-05-27 | 17.31% |
| 2026-05-26 | 17.31% |
| 2026-05-22 | 17.31% |
| 2026-05-21 | 17.31% |
| 2026-05-20 | 17.31% |
| 2026-05-19 | 17.31% |
| 2026-05-18 | 17.31% |
| 2026-05-15 | 17.31% |
| 2026-05-14 | 17.31% |
| 2026-05-13 | 17.31% |
| 2026-05-12 | 17.31% |
| 2026-05-11 | 17.31% |
| 2026-05-08 | 17.31% |
| 2026-05-07 | 17.31% |
| 2026-05-06 | 17.31% |
| 2026-05-05 | 15.27% |
| 2026-05-04 | 15.27% |
| 2026-05-01 | 15.27% |
| 2026-04-30 | 15.27% |
| 2026-04-29 | 15.26% |
| 2026-04-28 | 15.26% |
| 2026-04-27 | 15.27% |
| 2026-04-24 | 15.27% |
| 2026-04-23 | 15.27% |
| 2026-04-22 | 15.27% |
| 2026-04-21 | 15.27% |
| 2026-04-20 | 15.27% |
| 2026-04-17 | 15.27% |
| 2026-04-16 | 15.26% |
| 2026-04-15 | 15.27% |
| 2026-04-14 | 15.26% |
| 2026-04-13 | 15.27% |
| 2026-04-10 | 15.27% |
| 2026-04-09 | 15.27% |
| 2026-04-08 | 15.27% |
| 2026-04-07 | 15.27% |
| 2026-04-06 | 15.26% |
| 2026-04-02 | 15.27% |
| 2026-04-01 | 15.27% |
| 2026-03-31 | 15.27% |
| 2026-03-30 | 15.27% |
| 2026-03-27 | 15.27% |
| 2026-03-26 | 15.27% |
| 2026-03-25 | 15.26% |
| 2026-03-24 | 15.27% |
| 2026-03-23 | 15.27% |
| 2026-03-20 | 15.27% |
| 2026-03-19 | 15.27% |
| 2026-03-18 | 15.26% |
| 2026-03-17 | 15.27% |
| 2026-03-16 | 15.27% |
| 2026-03-13 | 15.27% |
| 2026-03-12 | 15.27% |
| 2026-03-11 | 15.27% |
| 2026-03-10 | 15.27% |
| 2026-03-09 | 15.27% |
| 2026-03-06 | 15.27% |
| 2026-03-05 | 15.26% |
| 2026-03-04 | 15.27% |
| 2026-03-03 | 15.27% |
| 2026-03-02 | 15.27% |
| 2026-02-27 | 18.98% |
| 2026-02-26 | 14.86% |
| 2026-02-25 | 14.84% |
| 2026-02-24 | 14.84% |
| 2026-02-23 | 14.84% |
| 2026-02-20 | 14.84% |
| 2026-02-19 | 14.84% |
| 2026-02-18 | 14.84% |
| 2026-02-17 | 14.84% |
| 2026-02-13 | 14.84% |
| 2026-02-12 | 14.84% |
| 2026-02-11 | 14.84% |
| 2026-02-10 | 14.84% |
| 2026-02-09 | 14.84% |
| 2026-02-06 | 14.84% |
| 2026-02-05 | 14.84% |
| 2026-02-04 | 14.84% |
| 2026-02-03 | 14.84% |
| 2026-02-02 | 14.84% |
| 2026-01-30 | 14.84% |
| 2026-01-29 | 14.84% |
| 2026-01-28 | 14.84% |
| 2026-01-27 | 14.84% |
| 2026-01-26 | 14.84% |
| 2026-01-23 | 14.84% |
| 2026-01-22 | 14.84% |
| 2026-01-21 | 14.84% |
| 2026-01-20 | 14.84% |
| 2026-01-16 | 14.84% |
| 2026-01-15 | 14.84% |
| 2026-01-14 | 14.84% |
| 2026-01-13 | 14.84% |
| 2026-01-12 | 14.84% |
| 2026-01-09 | 14.84% |
| 2026-01-08 | 14.84% |
| 2026-01-07 | 14.84% |
| 2026-01-06 | 14.84% |
| 2026-01-05 | 14.84% |
| 2026-01-02 | 14.84% |
| 2025-12-31 | 14.84% |
| 2025-12-30 | 14.84% |
| 2025-12-29 | 14.84% |
| 2025-12-26 | 14.84% |
| 2025-12-24 | 14.84% |
| 2025-12-23 | 14.84% |
| 2025-12-22 | 14.84% |
| 2025-12-19 | 14.84% |
| 2025-12-18 | 14.84% |
| 2025-12-17 | 14.84% |
| 2025-12-16 | 14.84% |
| 2025-12-15 | 14.84% |
| 2025-12-12 | 14.84% |
| 2025-12-11 | 14.84% |
| 2025-12-10 | 14.84% |
| 2025-12-09 | 14.84% |
| 2025-12-08 | 14.84% |
| 2025-12-05 | 14.84% |
| 2025-12-04 | 14.84% |
| 2025-12-03 | 14.84% |
| 2025-12-02 | 14.84% |
| 2025-12-01 | 14.84% |
| 2025-11-28 | 18.15% |
| 2025-11-26 | 14.44% |
| 2025-11-25 | 14.44% |
| 2025-11-24 | 14.44% |
| 2025-11-21 | 14.43% |
| 2025-11-20 | 14.43% |
| 2025-11-19 | 14.44% |
| 2025-11-18 | 14.44% |
| 2025-11-17 | 14.44% |
| 2025-11-14 | 14.44% |
| 2025-11-13 | 14.43% |
| 2025-11-12 | 14.43% |
| 2025-11-11 | 14.43% |
| 2025-11-10 | 14.44% |
| 2025-11-07 | 14.43% |
| 2025-11-06 | 14.43% |
| 2025-11-05 | 14.44% |
| 2025-11-04 | 14.43% |
| 2025-11-03 | 14.44% |
| 2025-10-31 | 14.44% |
| 2025-10-30 | 14.44% |
| 2025-10-29 | 14.44% |
| 2025-10-28 | 14.99% |
| 2025-10-27 | 14.99% |
| 2025-10-24 | 14.99% |
| 2025-10-23 | 14.99% |
| 2025-10-22 | 14.99% |
| 2025-10-21 | 14.99% |
| 2025-10-20 | 14.99% |
| 2025-10-17 | 14.99% |
| 2025-10-16 | 14.99% |
| 2025-10-15 | 14.99% |
| 2025-10-14 | 14.99% |
| 2025-10-13 | 14.99% |
| 2025-10-10 | 14.99% |
| 2025-10-09 | 14.99% |
| 2025-10-08 | 14.99% |
| 2025-10-07 | 14.99% |
| 2025-10-06 | 14.99% |
| 2025-10-03 | 14.99% |
| 2025-10-02 | 14.99% |
| 2025-10-01 | 14.99% |
| 2025-09-30 | 14.99% |
| 2025-09-29 | 14.99% |
| 2025-09-26 | 14.99% |
| 2025-09-25 | 14.99% |
| 2025-09-24 | 14.99% |
| 2025-09-23 | 14.99% |
| 2025-09-22 | 14.99% |
| 2025-09-19 | 14.99% |
| 2025-09-18 | 14.99% |
| 2025-09-17 | 14.99% |
| 2025-09-16 | 14.99% |
| 2025-09-15 | 14.99% |
| 2025-09-12 | 14.99% |
| 2025-09-11 | 14.99% |
| 2025-09-10 | 14.99% |
| 2025-09-09 | 14.99% |
| 2025-09-08 | 14.99% |
| 2025-09-05 | 14.99% |
| 2025-09-04 | 14.99% |
| 2025-09-03 | 14.99% |
| 2025-09-02 | 14.99% |
| 2025-08-29 | 18.43% |
| 2025-08-28 | 14.57% |
| 2025-08-27 | 14.57% |
| 2025-08-26 | 14.57% |
| 2025-08-25 | 14.57% |
| 2025-08-22 | 14.57% |
| 2025-08-21 | 14.57% |
| 2025-08-20 | 14.57% |
| 2025-08-19 | 14.57% |
| 2025-08-18 | 14.57% |
| 2025-08-15 | 14.57% |
| 2025-08-14 | 14.57% |
| 2025-08-13 | 14.57% |
| 2025-08-12 | 14.57% |
| 2025-08-11 | 14.57% |
| 2025-08-08 | 14.57% |
| 2025-08-07 | 14.57% |
| 2025-08-06 | 14.57% |
| 2025-08-05 | 14.92% |
| 2025-08-04 | 14.92% |
| 2025-08-01 | 14.92% |
| 2025-07-31 | 14.92% |
| 2025-07-30 | 14.92% |
| 2025-07-29 | 14.92% |
| 2025-07-28 | 14.92% |
Showing the most recent 260 of 2,527 data points. The chart above shows the full history.
| 55.5% |
| 2019 | $2.23 | $1.56 | 70.0% |
| 2018 | $5.63 | $1.40 | 24.9% |
| 2017 | $2.89 | $1.32 | 45.7% |
| 2016 | $2.10 | $1.32 | 62.9% |
| 2015 | $3.94 | $1.32 | 33.5% |
| 2014 | $3.28 | $1.26 | 38.4% |
| 2013 | $3.79 | $1.16 | 30.6% |
| 2012 | $3.78 | $1.08 | 28.6% |
| 2011 | $0.45 | $0.98 | 217.8% |
| 2010 | $2.59 | $0.86 | 33.2% |
| 2009 | $2.28 | $0.80 | 35.1% |
| 2008 | $2.27 | $0.76 | 33.5% |
| 2007 | ($1.04) | $0.66 | N/A (Loss) |
| 2006 | $2.72 | $0.55 | 20.2% |
| 2005 | $2.27 | $0.45 | 19.8% |
| 2004 | ($1.78) | $0.40 | N/A (Loss) |
| 2003 | $1.75 | $0.40 | 22.9% |
| 2002 | ($0.19) | $0.40 | N/A (Loss) |
| 2001 | $1.48 | $0.40 | 27.0% |
| 2000 | $2.03 | $0.40 | 19.7% |
| 1999 | $1.71 | $0.40 | 23.4% |
| 1998 | $2.02 | $0.33 | 16.5% |
| 1997 | $1.64 | $0.33 | 20.3% |
| 1996 | $1.35 | $0.33 | 24.7% |
