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 70.38% is in line with its 5-year average of 74.77%, near the low end of its 5-year range (34.39%–875.00%).
As of Tuesday, September 8, 2026. 75.41% below its 12-month average of 286.26%.
Dividend Payout Ratio (70.38%) = TTM Dividends/Share ($2.66) / TTM EPS ($3.78)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-08.
DIVIDEND PAYOUT RATIO
70.38%
DIVIDEND PAYOUT RATIO AVG TTM
286.26%
DIVIDEND PAYOUT RATIO AVG 3Y
86.08%
DIVIDEND PAYOUT RATIO AVG 5Y
74.77%
DIVIDEND PAYOUT RATIO AVG 10Y
53.63%
DIVIDEND PAYOUT RATIO AVG 15Y
44.29%
DIVIDEND PAYOUT RATIO AVG 20Y
32.46%
CURRENT VS TTM AVG
-75.41%
CURRENT VS 3Y AVG
-18.24%
CURRENT VS 5Y AVG
-5.86%
CURRENT VS 10Y AVG
+31.24%
CURRENT VS 15Y AVG
+58.92%
CURRENT VS 20Y AVG
+116.84%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $1.40 | $2.66 | 190.0% |
| 2024-12-31 | $3.66 | $2.66 | 72.7% |
| 2023-12-31 | $6.49 | $2.42 | 37.3% |
| 2022-12-31 | $3.29 | $2.20 | 66.9% |
| 2021-12-31 | $6.00 | $2.00 | 33.3% |
| 2020-12-31 | $5.48 |
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 |
|---|---|
| 2026-09-08 | 70.38% |
| 2026-09-04 | 70.36% |
| 2026-09-03 | 70.36% |
| 2026-09-02 | 70.36% |
| 2026-09-01 | 70.37% |
| 2026-08-31 | 70.36% |
| 2026-08-28 | 70.37% |
| 2026-08-27 | 70.36% |
| 2026-08-26 | 70.36% |
| 2026-08-25 | 70.38% |
| 2026-08-24 | 70.38% |
| 2026-08-21 | 70.37% |
| 2026-08-20 | 70.38% |
| 2026-08-19 | 70.38% |
| 2026-08-18 | 70.37% |
| 2026-08-17 | 70.37% |
| 2026-08-14 | 70.36% |
| 2026-08-13 | 70.37% |
| 2026-08-12 | 70.38% |
| 2026-08-11 | 70.38% |
| 2026-08-10 | 70.37% |
| 2026-08-07 | 70.38% |
| 2026-08-06 | 70.38% |
| 2026-08-05 | 70.36% |
| 2026-08-04 | 117.18% |
| 2026-08-03 | 117.18% |
| 2026-07-31 | 117.17% |
| 2026-07-30 | 117.17% |
| 2026-07-29 | 117.18% |
| 2026-07-28 | 117.19% |
| 2026-07-27 | 117.19% |
| 2026-07-24 | 117.17% |
| 2026-07-23 | 117.19% |
| 2026-07-22 | 87.88% |
| 2026-07-21 | 117.17% |
| 2026-07-20 | 117.19% |
| 2026-07-17 | 117.17% |
| 2026-07-16 | 117.19% |
| 2026-07-15 | 117.19% |
| 2026-07-14 | 117.19% |
| 2026-07-13 | 117.18% |
| 2026-07-10 | 117.18% |
| 2026-07-09 | 117.18% |
| 2026-07-08 | 117.18% |
| 2026-07-07 | 117.18% |
| 2026-07-06 | 117.18% |
| 2026-07-02 | 117.18% |
| 2026-07-01 | 117.18% |
| 2026-06-30 | 117.17% |
| 2026-06-29 | 117.18% |
| 2026-06-26 | 117.17% |
| 2026-06-25 | 117.19% |
| 2026-06-24 | 117.19% |
| 2026-06-23 | 117.17% |
| 2026-06-22 | 117.19% |
| 2026-06-18 | 117.17% |
| 2026-06-17 | 117.17% |
| 2026-06-16 | 117.18% |
| 2026-06-15 | 117.17% |
| 2026-06-12 | 117.19% |
| 2026-06-11 | 117.17% |
| 2026-06-10 | 117.18% |
| 2026-06-09 | 117.19% |
| 2026-06-08 | 117.19% |
| 2026-06-05 | 117.18% |
| 2026-06-04 | 117.18% |
| 2026-06-03 | 117.18% |
| 2026-06-02 | 117.19% |
| 2026-06-01 | 117.18% |
| 2026-05-29 | 117.18% |
| 2026-05-28 | 117.19% |
| 2026-05-27 | 117.18% |
| 2026-05-26 | 117.18% |
| 2026-05-22 | 117.17% |
| 2026-05-21 | 117.18% |
| 2026-05-20 | 117.17% |
| 2026-05-19 | 117.18% |
| 2026-05-18 | 117.19% |
| 2026-05-15 | 117.17% |
| 2026-05-14 | 117.19% |
| 2026-05-13 | 117.18% |
| 2026-05-12 | 117.19% |
| 2026-05-11 | 117.19% |
| 2026-05-08 | 117.18% |
| 2026-05-07 | 117.17% |
| 2026-05-06 | 117.17% |
| 2026-05-05 | 192.75% |
| 2026-05-04 | 192.76% |
| 2026-05-01 | 192.77% |
| 2026-04-30 | 192.77% |
| 2026-04-29 | 192.76% |
| 2026-04-28 | 192.75% |
| 2026-04-27 | 192.74% |
| 2026-04-24 | 192.76% |
| 2026-04-23 | 192.74% |
| 2026-04-22 | 144.55% |
| 2026-04-21 | 192.76% |
| 2026-04-20 | 192.74% |
| 2026-04-17 | 192.74% |
| 2026-04-16 | 192.74% |
| 2026-04-15 | 192.75% |
| 2026-04-14 | 192.77% |
| 2026-04-13 | 192.76% |
| 2026-04-10 | 192.77% |
| 2026-04-09 | 192.75% |
| 2026-04-08 | 192.74% |
| 2026-04-07 | 192.75% |
| 2026-04-06 | 192.75% |
| 2026-04-02 | 192.74% |
| 2026-04-01 | 192.76% |
| 2026-03-31 | 192.74% |
| 2026-03-30 | 192.77% |
| 2026-03-27 | 192.74% |
| 2026-03-26 | 192.75% |
| 2026-03-25 | 192.74% |
| 2026-03-24 | 192.74% |
| 2026-03-23 | 192.76% |
| 2026-03-20 | 192.76% |
| 2026-03-19 | 192.74% |
| 2026-03-18 | 192.74% |
| 2026-03-17 | 192.75% |
| 2026-03-16 | 192.77% |
| 2026-03-13 | 192.77% |
| 2026-03-12 | 192.74% |
| 2026-03-11 | 192.76% |
| 2026-03-10 | 192.74% |
| 2026-03-09 | 192.75% |
| 2026-03-06 | 192.74% |
| 2026-03-05 | 192.75% |
| 2026-03-04 | 192.74% |
| 2026-03-03 | 192.77% |
| 2026-03-02 | 192.74% |
| 2026-02-27 | 192.76% |
| 2026-02-26 | 192.76% |
| 2026-02-25 | 192.75% |
| 2026-02-24 | 192.74% |
| 2026-02-23 | 192.76% |
| 2026-02-20 | 192.75% |
| 2026-02-19 | 192.76% |
| 2026-02-18 | 192.75% |
| 2026-02-17 | 192.76% |
| 2026-02-13 | 192.76% |
| 2026-02-12 | 192.75% |
| 2026-02-11 | 192.75% |
| 2026-02-10 | 192.76% |
| 2026-02-09 | 699.98% |
| 2026-02-06 | 699.99% |
| 2026-02-05 | 700.01% |
| 2026-02-04 | 700.00% |
| 2026-02-03 | 699.99% |
| 2026-02-02 | 699.99% |
| 2026-01-30 | 700.02% |
| 2026-01-29 | 699.98% |
| 2026-01-28 | 700.02% |
| 2026-01-27 | 699.99% |
| 2026-01-26 | 700.00% |
| 2026-01-23 | 700.01% |
| 2026-01-22 | 875.00% |
| 2026-01-21 | 700.01% |
| 2026-01-20 | 699.99% |
| 2026-01-16 | 699.99% |
| 2026-01-15 | 700.02% |
| 2026-01-14 | 699.99% |
| 2026-01-13 | 700.01% |
| 2026-01-12 | 699.99% |
| 2026-01-09 | 700.01% |
| 2026-01-08 | 700.02% |
| 2026-01-07 | 699.99% |
| 2026-01-06 | 700.01% |
| 2026-01-05 | 699.99% |
| 2026-01-02 | 700.01% |
| 2025-12-31 | 699.99% |
| 2025-12-30 | 699.99% |
| 2025-12-29 | 700.00% |
| 2025-12-26 | 700.00% |
| 2025-12-24 | 700.00% |
| 2025-12-23 | 700.01% |
| 2025-12-22 | 700.00% |
| 2025-12-19 | 700.01% |
| 2025-12-18 | 700.00% |
| 2025-12-17 | 700.01% |
| 2025-12-16 | 700.01% |
| 2025-12-15 | 700.00% |
| 2025-12-12 | 700.00% |
| 2025-12-11 | 700.00% |
| 2025-12-10 | 700.01% |
| 2025-12-09 | 699.98% |
| 2025-12-08 | 699.98% |
| 2025-12-05 | 700.01% |
| 2025-12-04 | 699.99% |
| 2025-12-03 | 700.01% |
| 2025-12-02 | 699.99% |
| 2025-12-01 | 700.01% |
| 2025-11-28 | 699.99% |
| 2025-11-26 | 700.01% |
| 2025-11-25 | 700.00% |
| 2025-11-24 | 700.00% |
| 2025-11-21 | 699.99% |
| 2025-11-20 | 700.02% |
| 2025-11-19 | 700.01% |
| 2025-11-18 | 700.02% |
| 2025-11-17 | 699.99% |
| 2025-11-14 | 699.99% |
| 2025-11-13 | 700.01% |
| 2025-11-12 | 700.00% |
| 2025-11-11 | 699.99% |
| 2025-11-10 | 699.99% |
| 2025-11-07 | 700.01% |
| 2025-11-06 | 700.00% |
| 2025-11-05 | 700.00% |
| 2025-11-04 | 699.99% |
| 2025-11-03 | 700.00% |
| 2025-10-31 | 700.01% |
| 2025-10-30 | 700.01% |
| 2025-10-29 | 700.02% |
| 2025-10-28 | 74.33% |
| 2025-10-27 | 74.33% |
| 2025-10-24 | 74.32% |
| 2025-10-23 | 74.32% |
| 2025-10-22 | 55.73% |
| 2025-10-21 | 55.74% |
| 2025-10-20 | 74.30% |
| 2025-10-17 | 74.33% |
| 2025-10-16 | 74.30% |
| 2025-10-15 | 74.32% |
| 2025-10-14 | 74.33% |
| 2025-10-13 | 74.33% |
| 2025-10-10 | 74.34% |
| 2025-10-09 | 74.32% |
| 2025-10-08 | 74.31% |
| 2025-10-07 | 74.33% |
| 2025-10-06 | 74.32% |
| 2025-10-03 | 74.32% |
| 2025-10-02 | 74.32% |
| 2025-10-01 | 74.33% |
| 2025-09-30 | 74.31% |
| 2025-09-29 | 74.31% |
| 2025-09-26 | 74.32% |
| 2025-09-25 | 74.33% |
| 2025-09-24 | 74.32% |
| 2025-09-23 | 74.31% |
| 2025-09-22 | 74.32% |
| 2025-09-19 | 74.31% |
| 2025-09-18 | 74.31% |
| 2025-09-17 | 74.34% |
| 2025-09-16 | 74.32% |
| 2025-09-15 | 74.30% |
| 2025-09-12 | 74.32% |
| 2025-09-11 | 74.31% |
| 2025-09-10 | 74.33% |
| 2025-09-09 | 74.33% |
| 2025-09-08 | 74.32% |
| 2025-09-05 | 74.31% |
| 2025-09-04 | 74.32% |
| 2025-09-03 | 74.34% |
| 2025-09-02 | 74.32% |
| 2025-08-29 | 74.33% |
| 2025-08-28 | 74.34% |
| 2025-08-27 | 74.33% |
| 2025-08-26 | 74.32% |
Showing the most recent 260 of 2,598 data points. The chart above shows the full history.
| $2.00 |
| 36.5% |
| 2019-12-31 | $5.10 | $2.00 | 39.2% |
| 2018-12-31 | ($0.57) | $2.00 | N/A (Loss) |
| 2017-12-31 | $6.47 | $2.00 | 30.9% |
| 2016-12-31 | $4.93 | $1.70 | 34.5% |
| 2015-12-31 | $4.66 | $1.40 | 30.0% |
| 2014-12-31 | $3.98 | $1.10 | 27.6% |
| 2013-12-31 | $3.77 | $0.90 | 23.9% |
| 2012-12-31 | $3.05 | $0.65 | 21.3% |
| 2011-12-31 | $2.59 | $0.50 | 19.3% |
| 2010-12-31 | $2.51 | $0.35 | 13.9% |
| 2009-12-31 | $2.58 | $0.30 | 11.8% |
| 2008-12-31 | $2.23 | $0.26 | 11.6% |
| 2007-12-31 | $1.97 | $0.23 | 11.6% |
| 2006-12-31 | $1.65 | $0.15 | 9.4% |
| 2005-12-31 | $1.49 | $0.15 | 9.8% |
| 2004-12-31 | $1.13 | $0.13 | 11.8% |
| 2003-12-31 | $1.06 | $0.12 | 10.8% |
| 2002-12-31 | $0.90 | $0.12 | 12.8% |
| 2001-12-31 | $0.51 | $0.12 | 22.5% |
| 2000-12-31 | $0.94 | $0.12 | 12.2% |
| 1999-12-31 | $0.80 | $0.12 | 14.4% |
| 1998-12-31 | $0.48 | $0.11 | 23.4% |
| 1997-12-31 | $0.10 | $0.05 | 48.5% |
| 1996-12-31 | $0.27 | $0.08 | 30.6% |
