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 26.63% is 25% above its 5-year average of 21.32%, near the high end of its 5-year range (14.77%–30.18%).
As of Monday, October 5, 2026. 12.29% above its 12-month average of 23.72%.
Dividend Payout Ratio (26.63%) = TTM Dividends/Share ($1.34) / TTM EPS ($5.03)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
26.63%
DIVIDEND PAYOUT RATIO AVG TTM
23.72%
DIVIDEND PAYOUT RATIO AVG 3Y
23.04%
DIVIDEND PAYOUT RATIO AVG 5Y
21.32%
DIVIDEND PAYOUT RATIO AVG 10Y
20.13%
DIVIDEND PAYOUT RATIO AVG 15Y
18.50%
DIVIDEND PAYOUT RATIO AVG 20Y
18.09%
CURRENT VS TTM AVG
+12.29%
CURRENT VS 3Y AVG
+15.60%
CURRENT VS 5Y AVG
+24.91%
CURRENT VS 10Y AVG
+32.32%
CURRENT VS 15Y AVG
+44.01%
CURRENT VS 20Y AVG
+47.27%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $5.35 | $1.22 | 22.8% |
| 2024-12-31 | $4.86 | $1.06 | 21.8% |
| 2023-12-31 | $5.09 | $1.00 | 19.6% |
| 2022-12-31 | $5.32 | $0.90 | 16.9% |
| 2021-12-31 | $3.86 | $0.75 | 19.4% |
| 2020-12-31 | $2.76 |
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 | 26.63% |
| 2026-10-02 | 26.63% |
| 2026-10-01 | 26.64% |
| 2026-09-30 | 26.64% |
| 2026-09-29 | 26.63% |
| 2026-09-28 | 26.64% |
| 2026-09-25 | 26.63% |
| 2026-09-24 | 26.65% |
| 2026-09-23 | 26.64% |
| 2026-09-22 | 26.65% |
| 2026-09-21 | 26.63% |
| 2026-09-18 | 26.65% |
| 2026-09-17 | 26.63% |
| 2026-09-16 | 26.65% |
| 2026-09-15 | 26.64% |
| 2026-09-14 | 25.84% |
| 2026-09-11 | 25.85% |
| 2026-09-10 | 25.85% |
| 2026-09-09 | 25.85% |
| 2026-09-08 | 25.84% |
| 2026-09-04 | 25.84% |
| 2026-09-03 | 25.84% |
| 2026-09-02 | 25.84% |
| 2026-09-01 | 25.86% |
| 2026-08-31 | 25.84% |
| 2026-08-28 | 25.84% |
| 2026-08-27 | 25.84% |
| 2026-08-26 | 25.84% |
| 2026-08-25 | 25.84% |
| 2026-08-24 | 25.85% |
| 2026-08-21 | 25.85% |
| 2026-08-20 | 25.85% |
| 2026-08-19 | 25.84% |
| 2026-08-18 | 25.85% |
| 2026-08-17 | 25.84% |
| 2026-08-14 | 25.85% |
| 2026-08-13 | 25.84% |
| 2026-08-12 | 25.84% |
| 2026-08-11 | 25.84% |
| 2026-08-10 | 25.85% |
| 2026-08-07 | 25.84% |
| 2026-08-06 | 25.85% |
| 2026-08-05 | 25.85% |
| 2026-08-04 | 25.85% |
| 2026-08-03 | 25.84% |
| 2026-07-31 | 24.53% |
| 2026-07-30 | 24.52% |
| 2026-07-29 | 24.53% |
| 2026-07-28 | 24.53% |
| 2026-07-27 | 24.53% |
| 2026-07-24 | 24.53% |
| 2026-07-23 | 24.52% |
| 2026-07-22 | 24.52% |
| 2026-07-21 | 24.54% |
| 2026-07-20 | 24.53% |
| 2026-07-17 | 24.54% |
| 2026-07-16 | 24.53% |
| 2026-07-15 | 24.53% |
| 2026-07-14 | 24.53% |
| 2026-07-13 | 24.53% |
| 2026-07-10 | 24.53% |
| 2026-07-09 | 24.53% |
| 2026-07-08 | 24.52% |
| 2026-07-07 | 24.52% |
| 2026-07-06 | 24.52% |
| 2026-07-02 | 24.54% |
| 2026-07-01 | 24.52% |
| 2026-06-30 | 24.53% |
| 2026-06-29 | 24.52% |
| 2026-06-26 | 24.54% |
| 2026-06-25 | 24.52% |
| 2026-06-24 | 24.52% |
| 2026-06-23 | 24.52% |
| 2026-06-22 | 24.53% |
| 2026-06-18 | 24.53% |
| 2026-06-17 | 24.52% |
| 2026-06-16 | 24.52% |
| 2026-06-15 | 30.18% |
| 2026-06-12 | 23.77% |
| 2026-06-11 | 23.78% |
| 2026-06-10 | 23.78% |
| 2026-06-09 | 23.78% |
| 2026-06-08 | 23.77% |
| 2026-06-05 | 23.78% |
| 2026-06-04 | 23.78% |
| 2026-06-03 | 23.77% |
| 2026-06-02 | 23.76% |
| 2026-06-01 | 23.77% |
| 2026-05-29 | 23.78% |
| 2026-05-28 | 23.77% |
| 2026-05-27 | 23.78% |
| 2026-05-26 | 23.78% |
| 2026-05-22 | 23.78% |
| 2026-05-21 | 23.77% |
| 2026-05-20 | 23.77% |
| 2026-05-19 | 23.78% |
| 2026-05-18 | 23.78% |
| 2026-05-15 | 23.77% |
| 2026-05-14 | 23.77% |
| 2026-05-13 | 23.77% |
| 2026-05-12 | 23.78% |
| 2026-05-11 | 23.78% |
| 2026-05-08 | 23.78% |
| 2026-05-07 | 23.78% |
| 2026-05-06 | 23.77% |
| 2026-05-05 | 23.77% |
| 2026-05-04 | 23.78% |
| 2026-05-01 | 23.73% |
| 2026-04-30 | 23.73% |
| 2026-04-29 | 23.73% |
| 2026-04-28 | 23.72% |
| 2026-04-27 | 23.73% |
| 2026-04-24 | 23.73% |
| 2026-04-23 | 23.72% |
| 2026-04-22 | 23.73% |
| 2026-04-21 | 23.72% |
| 2026-04-20 | 23.74% |
| 2026-04-17 | 23.73% |
| 2026-04-16 | 23.74% |
| 2026-04-15 | 23.73% |
| 2026-04-14 | 23.73% |
| 2026-04-13 | 23.74% |
| 2026-04-10 | 23.73% |
| 2026-04-09 | 23.72% |
| 2026-04-08 | 23.74% |
| 2026-04-07 | 23.73% |
| 2026-04-06 | 23.74% |
| 2026-04-02 | 23.74% |
| 2026-04-01 | 23.73% |
| 2026-03-31 | 23.73% |
| 2026-03-30 | 23.73% |
| 2026-03-27 | 23.73% |
| 2026-03-26 | 23.73% |
| 2026-03-25 | 23.73% |
| 2026-03-24 | 23.72% |
| 2026-03-23 | 23.72% |
| 2026-03-20 | 23.72% |
| 2026-03-19 | 23.74% |
| 2026-03-18 | 23.73% |
| 2026-03-17 | 23.72% |
| 2026-03-16 | 23.73% |
| 2026-03-13 | 29.18% |
| 2026-03-12 | 22.97% |
| 2026-03-11 | 22.98% |
| 2026-03-10 | 22.98% |
| 2026-03-09 | 22.99% |
| 2026-03-06 | 22.98% |
| 2026-03-05 | 22.98% |
| 2026-03-04 | 22.99% |
| 2026-03-03 | 22.97% |
| 2026-03-02 | 22.98% |
| 2026-02-27 | 23.74% |
| 2026-02-26 | 23.74% |
| 2026-02-25 | 23.74% |
| 2026-02-24 | 23.73% |
| 2026-02-23 | 23.75% |
| 2026-02-20 | 23.73% |
| 2026-02-19 | 23.74% |
| 2026-02-18 | 23.73% |
| 2026-02-17 | 23.74% |
| 2026-02-13 | 23.74% |
| 2026-02-12 | 23.74% |
| 2026-02-11 | 23.74% |
| 2026-02-10 | 23.73% |
| 2026-02-09 | 23.73% |
| 2026-02-06 | 23.73% |
| 2026-02-05 | 23.73% |
| 2026-02-04 | 23.74% |
| 2026-02-03 | 23.73% |
| 2026-02-02 | 23.73% |
| 2026-01-30 | 23.74% |
| 2026-01-29 | 23.73% |
| 2026-01-28 | 23.74% |
| 2026-01-27 | 23.73% |
| 2026-01-26 | 23.74% |
| 2026-01-23 | 23.74% |
| 2026-01-22 | 23.73% |
| 2026-01-21 | 23.73% |
| 2026-01-20 | 23.73% |
| 2026-01-16 | 23.73% |
| 2026-01-15 | 23.74% |
| 2026-01-14 | 23.74% |
| 2026-01-13 | 23.74% |
| 2026-01-12 | 23.74% |
| 2026-01-09 | 23.74% |
| 2026-01-08 | 23.74% |
| 2026-01-07 | 23.74% |
| 2026-01-06 | 23.73% |
| 2026-01-05 | 23.74% |
| 2026-01-02 | 23.75% |
| 2025-12-31 | 23.74% |
| 2025-12-30 | 23.74% |
| 2025-12-29 | 23.73% |
| 2025-12-26 | 23.74% |
| 2025-12-24 | 23.74% |
| 2025-12-23 | 23.74% |
| 2025-12-22 | 23.72% |
| 2025-12-19 | 23.73% |
| 2025-12-18 | 23.74% |
| 2025-12-17 | 23.73% |
| 2025-12-16 | 23.74% |
| 2025-12-15 | 29.19% |
| 2025-12-12 | 22.95% |
| 2025-12-11 | 22.95% |
| 2025-12-10 | 22.96% |
| 2025-12-09 | 22.95% |
| 2025-12-08 | 22.95% |
| 2025-12-05 | 22.95% |
| 2025-12-04 | 22.96% |
| 2025-12-03 | 22.96% |
| 2025-12-02 | 22.95% |
| 2025-12-01 | 22.95% |
| 2025-11-28 | 22.95% |
| 2025-11-26 | 22.95% |
| 2025-11-25 | 22.96% |
| 2025-11-24 | 22.96% |
| 2025-11-21 | 22.96% |
| 2025-11-20 | 22.95% |
| 2025-11-19 | 22.95% |
| 2025-11-18 | 22.95% |
| 2025-11-17 | 22.95% |
| 2025-11-14 | 22.95% |
| 2025-11-13 | 22.95% |
| 2025-11-12 | 22.96% |
| 2025-11-11 | 22.96% |
| 2025-11-10 | 22.95% |
| 2025-11-07 | 22.96% |
| 2025-11-06 | 22.96% |
| 2025-11-05 | 22.96% |
| 2025-11-04 | 22.96% |
| 2025-11-03 | 22.95% |
| 2025-10-31 | 22.40% |
| 2025-10-30 | 22.39% |
| 2025-10-29 | 22.40% |
| 2025-10-28 | 22.40% |
| 2025-10-27 | 22.39% |
| 2025-10-24 | 22.40% |
| 2025-10-23 | 22.39% |
| 2025-10-22 | 22.40% |
| 2025-10-21 | 22.40% |
| 2025-10-20 | 22.39% |
| 2025-10-17 | 22.39% |
| 2025-10-16 | 22.39% |
| 2025-10-15 | 22.40% |
| 2025-10-14 | 22.39% |
| 2025-10-13 | 22.39% |
| 2025-10-10 | 22.39% |
| 2025-10-09 | 22.38% |
| 2025-10-08 | 22.40% |
| 2025-10-07 | 22.40% |
| 2025-10-06 | 22.40% |
| 2025-10-03 | 22.39% |
| 2025-10-02 | 22.38% |
| 2025-10-01 | 22.38% |
| 2025-09-30 | 22.39% |
| 2025-09-29 | 22.40% |
| 2025-09-26 | 22.40% |
| 2025-09-25 | 22.38% |
| 2025-09-24 | 22.39% |
| 2025-09-23 | 22.38% |
Showing the most recent 260 of 2,420 data points. The chart above shows the full history.
| $0.72 |
| 26.1% |
| 2019-12-31 | $3.56 | $0.62 | 17.4% |
| 2018-12-31 | $3.86 | $0.47 | 12.2% |
| 2017-12-31 | $2.10 | $0.44 | 21.0% |
| 2016-12-31 | $2.44 | $0.41 | 16.8% |
| 2015-12-31 | $1.92 | $0.26 | 13.7% |
| 2014-12-31 | $1.38 | $0.21 | 15.2% |
| 2013-12-31 | $1.78 | $0.21 | 11.7% |
| 2012-12-31 | $1.41 | $0.21 | 14.9% |
| 2011-12-31 | $1.37 | $0.21 | 15.3% |
| 2010-12-31 | $0.21 | $0.21 | 100.2% |
| 2009-12-31 | ($3.92) | $0.21 | N/A (Loss) |
| 2008-12-31 | $0.14 | $0.21 | 150.0% |
| 2007-12-31 | $1.44 | $0.21 | 14.6% |
| 2006-12-31 | $1.41 | $0.18 | 12.8% |
| 2005-12-31 | $1.12 | $0.14 | 12.5% |
