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 52.38% is 14% below its 5-year average of 61.20%, near the low end of its 5-year range (35.81%–105.33%).
As of Wednesday, August 12, 2026. 8.25% above its 12-month average of 48.39%.
Dividend Payout Ratio (52.38%) = TTM Dividends/Share ($5.75) / TTM EPS ($10.98)
DIVIDEND PAYOUT RATIO
52.38%
DIVIDEND PAYOUT RATIO AVG TTM
48.39%
DIVIDEND PAYOUT RATIO AVG 3Y
49.84%
DIVIDEND PAYOUT RATIO AVG 5Y
61.20%
DIVIDEND PAYOUT RATIO AVG 10Y
67.56%
DIVIDEND PAYOUT RATIO AVG 15Y
70.20%
DIVIDEND PAYOUT RATIO AVG 20Y
68.24%
CURRENT VS TTM AVG
+8.25%
CURRENT VS 3Y AVG
+5.10%
CURRENT VS 5Y AVG
-14.41%
CURRENT VS 10Y AVG
-22.46%
CURRENT VS 15Y AVG
-25.38%
CURRENT VS 20Y AVG
-23.24%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $12.01 | $5.46 | 45.5% |
| 2024 | $12.89 | $5.10 | 39.6% |
| 2023 | $9.58 | $4.76 | 49.7% |
| 2022 | $6.41 | $4.44 | 69.3% |
| 2021 | $6.40 | $4.14 | 64.7% |
| 2020 | $6.30 | $5.86 |
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 |
|---|---|
| 2026-08-12 | 52.38% |
| 2026-08-11 | 52.38% |
| 2026-08-10 | 52.38% |
| 2026-08-07 | 52.38% |
| 2026-08-06 | 52.39% |
| 2026-08-05 | 52.39% |
| 2026-08-04 | 52.39% |
| 2026-08-03 | 52.39% |
| 2026-07-31 | 52.38% |
| 2026-07-30 | 52.39% |
| 2026-07-29 | 52.93% |
| 2026-07-28 | 52.91% |
| 2026-07-27 | 52.92% |
| 2026-07-24 | 52.93% |
| 2026-07-23 | 52.93% |
| 2026-07-22 | 52.93% |
| 2026-07-21 | 52.91% |
| 2026-07-20 | 52.92% |
| 2026-07-17 | 52.92% |
| 2026-07-16 | 52.93% |
| 2026-07-15 | 52.93% |
| 2026-07-14 | 52.92% |
| 2026-07-13 | 52.92% |
| 2026-07-10 | 52.93% |
| 2026-07-09 | 52.93% |
| 2026-07-08 | 52.91% |
| 2026-07-07 | 65.49% |
| 2026-07-06 | 52.03% |
| 2026-07-02 | 52.02% |
| 2026-07-01 | 52.02% |
| 2026-06-30 | 52.03% |
| 2026-06-29 | 52.02% |
| 2026-06-26 | 52.02% |
| 2026-06-25 | 52.04% |
| 2026-06-24 | 52.03% |
| 2026-06-23 | 52.02% |
| 2026-06-22 | 52.02% |
| 2026-06-18 | 52.01% |
| 2026-06-17 | 52.02% |
| 2026-06-16 | 52.03% |
| 2026-06-15 | 52.02% |
| 2026-06-12 | 52.02% |
| 2026-06-11 | 52.02% |
| 2026-06-10 | 52.02% |
| 2026-06-09 | 52.02% |
| 2026-06-08 | 52.02% |
| 2026-06-05 | 52.02% |
| 2026-06-04 | 52.01% |
| 2026-06-03 | 52.04% |
| 2026-06-02 | 52.02% |
| 2026-06-01 | 52.03% |
| 2026-05-29 | 52.02% |
| 2026-05-28 | 52.02% |
| 2026-05-27 | 52.01% |
| 2026-05-26 | 52.02% |
| 2026-05-22 | 52.03% |
| 2026-05-21 | 52.01% |
| 2026-05-20 | 52.02% |
| 2026-05-19 | 52.03% |
| 2026-05-18 | 52.03% |
| 2026-05-15 | 52.02% |
| 2026-05-14 | 52.01% |
| 2026-05-13 | 52.01% |
| 2026-05-12 | 52.02% |
| 2026-05-11 | 52.02% |
| 2026-05-08 | 52.02% |
| 2026-05-07 | 52.02% |
| 2026-05-06 | 52.03% |
| 2026-05-05 | 52.02% |
| 2026-05-04 | 52.03% |
| 2026-05-01 | 52.04% |
| 2026-04-30 | 52.02% |
| 2026-04-29 | 52.01% |
| 2026-04-28 | 52.01% |
| 2026-04-27 | 52.02% |
| 2026-04-24 | 52.02% |
| 2026-04-23 | 52.03% |
| 2026-04-22 | 53.04% |
| 2026-04-21 | 53.04% |
| 2026-04-20 | 53.04% |
| 2026-04-17 | 53.06% |
| 2026-04-16 | 53.04% |
| 2026-04-15 | 53.05% |
| 2026-04-14 | 53.05% |
| 2026-04-13 | 53.05% |
| 2026-04-10 | 53.04% |
| 2026-04-09 | 53.04% |
| 2026-04-08 | 53.05% |
| 2026-04-07 | 53.06% |
| 2026-04-06 | 52.14% |
| 2026-04-02 | 52.14% |
| 2026-04-01 | 52.13% |
| 2026-03-31 | 52.15% |
| 2026-03-30 | 52.13% |
| 2026-03-27 | 52.14% |
| 2026-03-26 | 52.13% |
| 2026-03-25 | 52.14% |
| 2026-03-24 | 52.13% |
| 2026-03-23 | 52.14% |
| 2026-03-20 | 52.14% |
| 2026-03-19 | 52.13% |
| 2026-03-18 | 52.14% |
| 2026-03-17 | 52.14% |
| 2026-03-16 | 52.13% |
| 2026-03-13 | 52.13% |
| 2026-03-12 | 52.14% |
| 2026-03-11 | 52.14% |
| 2026-03-10 | 52.14% |
| 2026-03-09 | 52.13% |
| 2026-03-06 | 52.14% |
| 2026-03-05 | 52.13% |
| 2026-03-04 | 52.13% |
| 2026-03-03 | 52.13% |
| 2026-03-02 | 52.13% |
| 2026-02-27 | 52.14% |
| 2026-02-26 | 52.14% |
| 2026-02-25 | 52.13% |
| 2026-02-24 | 52.13% |
| 2026-02-23 | 52.13% |
| 2026-02-20 | 44.92% |
| 2026-02-19 | 44.92% |
| 2026-02-18 | 44.94% |
| 2026-02-17 | 44.93% |
| 2026-02-13 | 44.92% |
| 2026-02-12 | 44.92% |
| 2026-02-11 | 44.94% |
| 2026-02-10 | 44.94% |
| 2026-02-09 | 44.92% |
| 2026-02-06 | 44.93% |
| 2026-02-05 | 44.93% |
| 2026-02-04 | 44.92% |
| 2026-02-03 | 44.94% |
| 2026-02-02 | 44.92% |
| 2026-01-30 | 44.93% |
| 2026-01-29 | 44.94% |
| 2026-01-28 | 44.92% |
| 2026-01-27 | 44.93% |
| 2026-01-26 | 44.93% |
| 2026-01-23 | 44.93% |
| 2026-01-22 | 44.93% |
| 2026-01-21 | 44.93% |
| 2026-01-20 | 44.92% |
| 2026-01-16 | 44.92% |
| 2026-01-15 | 44.92% |
| 2026-01-14 | 44.93% |
| 2026-01-13 | 44.93% |
| 2026-01-12 | 44.92% |
| 2026-01-09 | 44.93% |
| 2026-01-08 | 44.93% |
| 2026-01-07 | 44.93% |
| 2026-01-06 | 55.96% |
| 2026-01-05 | 44.14% |
| 2026-01-02 | 44.14% |
| 2025-12-31 | 44.13% |
| 2025-12-30 | 44.14% |
| 2025-12-29 | 44.15% |
| 2025-12-26 | 44.14% |
| 2025-12-24 | 44.14% |
| 2025-12-23 | 44.14% |
| 2025-12-22 | 44.13% |
| 2025-12-19 | 44.13% |
| 2025-12-18 | 44.14% |
| 2025-12-17 | 44.14% |
| 2025-12-16 | 44.13% |
| 2025-12-15 | 44.13% |
| 2025-12-12 | 44.14% |
| 2025-12-11 | 44.14% |
| 2025-12-10 | 44.14% |
| 2025-12-09 | 44.15% |
| 2025-12-08 | 44.14% |
| 2025-12-05 | 44.15% |
| 2025-12-04 | 44.13% |
| 2025-12-03 | 44.15% |
| 2025-12-02 | 44.13% |
| 2025-12-01 | 44.14% |
| 2025-11-28 | 44.14% |
| 2025-11-26 | 44.15% |
| 2025-11-25 | 44.14% |
| 2025-11-24 | 44.14% |
| 2025-11-21 | 44.14% |
| 2025-11-20 | 44.14% |
| 2025-11-19 | 44.13% |
| 2025-11-18 | 44.14% |
| 2025-11-17 | 44.13% |
| 2025-11-14 | 44.14% |
| 2025-11-13 | 44.15% |
| 2025-11-12 | 44.13% |
| 2025-11-11 | 44.14% |
| 2025-11-10 | 44.13% |
| 2025-11-07 | 44.15% |
| 2025-11-06 | 44.13% |
| 2025-11-05 | 44.15% |
| 2025-11-04 | 44.14% |
| 2025-11-03 | 44.14% |
| 2025-10-31 | 44.14% |
| 2025-10-30 | 44.14% |
| 2025-10-29 | 45.65% |
| 2025-10-28 | 45.64% |
| 2025-10-27 | 45.65% |
| 2025-10-24 | 45.66% |
| 2025-10-23 | 45.65% |
| 2025-10-22 | 45.64% |
| 2025-10-21 | 45.65% |
| 2025-10-20 | 45.66% |
| 2025-10-17 | 45.66% |
| 2025-10-16 | 45.65% |
| 2025-10-15 | 45.65% |
| 2025-10-14 | 45.65% |
| 2025-10-13 | 45.65% |
| 2025-10-10 | 45.66% |
| 2025-10-09 | 45.65% |
| 2025-10-08 | 45.65% |
| 2025-10-07 | 45.66% |
| 2025-10-06 | 56.32% |
| 2025-10-03 | 44.91% |
| 2025-10-02 | 44.91% |
| 2025-10-01 | 44.90% |
| 2025-09-30 | 44.90% |
| 2025-09-29 | 44.90% |
| 2025-09-26 | 44.90% |
| 2025-09-25 | 44.91% |
| 2025-09-24 | 44.91% |
| 2025-09-23 | 44.90% |
| 2025-09-22 | 44.90% |
| 2025-09-19 | 44.90% |
| 2025-09-18 | 44.89% |
| 2025-09-17 | 44.91% |
| 2025-09-16 | 44.90% |
| 2025-09-15 | 44.90% |
| 2025-09-12 | 44.91% |
| 2025-09-11 | 44.89% |
| 2025-09-10 | 44.90% |
| 2025-09-09 | 44.90% |
| 2025-09-08 | 44.89% |
| 2025-09-05 | 44.91% |
| 2025-09-04 | 44.90% |
| 2025-09-03 | 44.90% |
| 2025-09-02 | 44.91% |
| 2025-08-29 | 44.90% |
| 2025-08-28 | 44.90% |
| 2025-08-27 | 44.90% |
| 2025-08-26 | 44.90% |
| 2025-08-25 | 44.90% |
| 2025-08-22 | 44.90% |
| 2025-08-21 | 44.91% |
| 2025-08-20 | 44.90% |
| 2025-08-19 | 44.90% |
| 2025-08-18 | 44.90% |
| 2025-08-15 | 44.91% |
| 2025-08-14 | 44.91% |
| 2025-08-13 | 44.90% |
| 2025-08-12 | 44.90% |
| 2025-08-11 | 44.90% |
| 2025-08-08 | 44.91% |
| 2025-08-07 | 44.90% |
| 2025-08-06 | 45.70% |
| 2025-08-05 | 45.71% |
| 2025-08-04 | 45.71% |
| 2025-08-01 | 45.70% |
| 2025-07-31 | 45.70% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| 93.0% |
| 2019 | $6.80 | $3.60 | 52.9% |
| 2018 | $4.93 | $3.36 | 68.2% |
| 2017 | $4.23 | $3.13 | 74.0% |
| 2016 | $4.52 | $2.19 | 48.5% |
| 2015 | $3.75 | $3.45 | 92.1% |
| 2014 | $3.59 | $2.54 | 70.8% |
| 2013 | $3.46 | $1.78 | 51.4% |
| 2012 | $3.38 | $4.80 | 142.1% |
| 2011 | $3.45 | $2.06 | 59.7% |
| 2010 | $3.18 | $1.44 | 45.3% |
| 2009 | $2.10 | $1.83 | 87.1% |
| 2008 | $1.34 | $2.21 | 164.9% |
| 2007 | $3.80 | $1.60 | 42.1% |
| 2006 | $3.45 | $1.44 | 41.7% |
| 2005 | $3.69 | $1.30 | 35.2% |
| 2004 | $3.54 | $0.65 | 18.2% |
| 2003 | $3.09 | $0.97 | 31.6% |
| 2002 | $2.68 | $0.68 | 25.4% |
| 2001 | $1.71 | $0.61 | 35.7% |
| 2000 | $2.12 | $0.54 | 25.5% |
| 1999 | $1.95 | $0.48 | 24.6% |
| 1998 | $1.81 | $0.43 | 23.8% |
| 1997 | $1.59 | $0.38 | 23.9% |
| 1996 | $1.41 | $0.31 | 22.2% |
