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 71.27% is in line with its 5-year average of 66.06%, around the middle of its 5-year range (26.68%–171.73%).
As of Monday, October 5, 2026. 28.90% below its 12-month average of 100.25%.
Dividend Payout Ratio (71.27%) = TTM Dividends/Share ($2.26) / TTM EPS ($3.17)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
71.27%
DIVIDEND PAYOUT RATIO AVG TTM
100.25%
DIVIDEND PAYOUT RATIO AVG 3Y
84.56%
DIVIDEND PAYOUT RATIO AVG 5Y
66.06%
DIVIDEND PAYOUT RATIO AVG 10Y
58.95%
DIVIDEND PAYOUT RATIO AVG 15Y
40.86%
DIVIDEND PAYOUT RATIO AVG 20Y
40.87%
CURRENT VS TTM AVG
-28.90%
CURRENT VS 3Y AVG
-15.71%
CURRENT VS 5Y AVG
+7.89%
CURRENT VS 10Y AVG
+20.90%
CURRENT VS 15Y AVG
+74.44%
CURRENT VS 20Y AVG
+74.39%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $2.66 | $3.31 | 124.4% |
| 2024-12-31 | $2.81 | $1.20 | 42.7% |
| 2023-12-31 | $2.67 | $1.16 | 43.4% |
| 2022-12-31 | $2.82 | $1.12 | 39.7% |
| 2021-12-31 | $2.95 | $1.04 | 35.3% |
| 2020-12-31 | $2.02 |
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 | 71.27% |
| 2026-10-02 | 71.28% |
| 2026-10-01 | 71.31% |
| 2026-09-30 | 71.28% |
| 2026-09-29 | 71.29% |
| 2026-09-28 | 71.31% |
| 2026-09-25 | 71.28% |
| 2026-09-24 | 71.28% |
| 2026-09-23 | 71.29% |
| 2026-09-22 | 71.29% |
| 2026-09-21 | 71.31% |
| 2026-09-18 | 71.30% |
| 2026-09-17 | 71.27% |
| 2026-09-16 | 71.29% |
| 2026-09-15 | 71.29% |
| 2026-09-14 | 71.30% |
| 2026-09-11 | 71.27% |
| 2026-09-10 | 71.29% |
| 2026-09-09 | 71.30% |
| 2026-09-08 | 71.28% |
| 2026-09-04 | 71.31% |
| 2026-09-03 | 71.30% |
| 2026-09-02 | 71.28% |
| 2026-09-01 | 71.29% |
| 2026-08-31 | 71.31% |
| 2026-08-28 | 71.28% |
| 2026-08-27 | 71.30% |
| 2026-08-26 | 71.28% |
| 2026-08-25 | 71.27% |
| 2026-08-24 | 71.29% |
| 2026-08-21 | 71.31% |
| 2026-08-20 | 71.29% |
| 2026-08-19 | 71.30% |
| 2026-08-18 | 71.31% |
| 2026-08-17 | 71.27% |
| 2026-08-14 | 71.29% |
| 2026-08-13 | 71.30% |
| 2026-08-12 | 71.29% |
| 2026-08-11 | 71.30% |
| 2026-08-10 | 71.29% |
| 2026-08-07 | 96.97% |
| 2026-08-06 | 84.54% |
| 2026-08-05 | 84.52% |
| 2026-08-04 | 84.55% |
| 2026-08-03 | 84.55% |
| 2026-07-31 | 84.54% |
| 2026-07-30 | 84.51% |
| 2026-07-29 | 84.54% |
| 2026-07-28 | 84.54% |
| 2026-07-27 | 84.54% |
| 2026-07-24 | 84.51% |
| 2026-07-23 | 84.51% |
| 2026-07-22 | 84.52% |
| 2026-07-21 | 84.52% |
| 2026-07-20 | 84.51% |
| 2026-07-17 | 84.52% |
| 2026-07-16 | 84.54% |
| 2026-07-15 | 84.55% |
| 2026-07-14 | 84.54% |
| 2026-07-13 | 84.52% |
| 2026-07-10 | 84.51% |
| 2026-07-09 | 84.55% |
| 2026-07-08 | 84.52% |
| 2026-07-07 | 84.51% |
| 2026-07-06 | 84.52% |
| 2026-07-02 | 84.55% |
| 2026-07-01 | 84.52% |
| 2026-06-30 | 84.52% |
| 2026-06-29 | 84.52% |
| 2026-06-26 | 84.54% |
| 2026-06-25 | 84.51% |
| 2026-06-24 | 84.51% |
| 2026-06-23 | 84.50% |
| 2026-06-22 | 84.52% |
| 2026-06-18 | 84.50% |
| 2026-06-17 | 84.53% |
| 2026-06-16 | 84.52% |
| 2026-06-15 | 84.52% |
| 2026-06-12 | 84.54% |
| 2026-06-11 | 84.52% |
| 2026-06-10 | 84.51% |
| 2026-06-09 | 84.53% |
| 2026-06-08 | 84.50% |
| 2026-06-05 | 84.52% |
| 2026-06-04 | 84.52% |
| 2026-06-03 | 84.53% |
| 2026-06-02 | 84.52% |
| 2026-06-01 | 84.54% |
| 2026-05-29 | 84.54% |
| 2026-05-28 | 84.54% |
| 2026-05-27 | 84.54% |
| 2026-05-26 | 84.50% |
| 2026-05-22 | 84.52% |
| 2026-05-21 | 84.50% |
| 2026-05-20 | 84.52% |
| 2026-05-19 | 84.53% |
| 2026-05-18 | 84.55% |
| 2026-05-15 | 84.52% |
| 2026-05-14 | 72.83% |
| 2026-05-13 | 72.81% |
| 2026-05-12 | 72.81% |
| 2026-05-11 | 72.83% |
| 2026-05-08 | 84.21% |
| 2026-05-07 | 84.21% |
| 2026-05-06 | 84.19% |
| 2026-05-05 | 84.22% |
| 2026-05-04 | 84.21% |
| 2026-05-01 | 84.21% |
| 2026-04-30 | 84.20% |
| 2026-04-29 | 84.22% |
| 2026-04-28 | 84.19% |
| 2026-04-27 | 84.19% |
| 2026-04-24 | 84.20% |
| 2026-04-23 | 84.23% |
| 2026-04-22 | 84.20% |
| 2026-04-21 | 84.20% |
| 2026-04-20 | 84.23% |
| 2026-04-17 | 84.20% |
| 2026-04-16 | 84.23% |
| 2026-04-15 | 84.19% |
| 2026-04-14 | 84.23% |
| 2026-04-13 | 84.19% |
| 2026-04-10 | 84.19% |
| 2026-04-09 | 84.19% |
| 2026-04-08 | 84.23% |
| 2026-04-07 | 84.19% |
| 2026-04-06 | 84.21% |
| 2026-04-02 | 84.19% |
| 2026-04-01 | 84.22% |
| 2026-03-31 | 84.22% |
| 2026-03-30 | 84.22% |
| 2026-03-27 | 84.18% |
| 2026-03-26 | 84.18% |
| 2026-03-25 | 84.20% |
| 2026-03-24 | 84.18% |
| 2026-03-23 | 84.19% |
| 2026-03-20 | 84.18% |
| 2026-03-19 | 84.22% |
| 2026-03-18 | 84.21% |
| 2026-03-17 | 84.24% |
| 2026-03-16 | 84.19% |
| 2026-03-13 | 84.23% |
| 2026-03-12 | 84.20% |
| 2026-03-11 | 84.21% |
| 2026-03-10 | 84.21% |
| 2026-03-09 | 84.23% |
| 2026-03-06 | 83.27% |
| 2026-03-05 | 83.25% |
| 2026-03-04 | 83.25% |
| 2026-03-03 | 83.27% |
| 2026-03-02 | 83.29% |
| 2026-02-27 | 83.29% |
| 2026-02-26 | 83.26% |
| 2026-02-25 | 83.27% |
| 2026-02-24 | 83.27% |
| 2026-02-23 | 83.25% |
| 2026-02-20 | 83.29% |
| 2026-02-19 | 83.30% |
| 2026-02-18 | 83.29% |
| 2026-02-17 | 83.27% |
| 2026-02-13 | 171.73% |
| 2026-02-12 | 160.25% |
| 2026-02-11 | 160.20% |
| 2026-02-10 | 160.19% |
| 2026-02-09 | 160.19% |
| 2026-02-06 | 160.26% |
| 2026-02-05 | 160.18% |
| 2026-02-04 | 160.22% |
| 2026-02-03 | 160.24% |
| 2026-02-02 | 160.26% |
| 2026-01-30 | 160.22% |
| 2026-01-29 | 160.28% |
| 2026-01-28 | 160.18% |
| 2026-01-27 | 160.18% |
| 2026-01-26 | 160.26% |
| 2026-01-23 | 160.23% |
| 2026-01-22 | 160.21% |
| 2026-01-21 | 160.19% |
| 2026-01-20 | 160.21% |
| 2026-01-16 | 160.19% |
| 2026-01-15 | 160.21% |
| 2026-01-14 | 160.24% |
| 2026-01-13 | 160.22% |
| 2026-01-12 | 160.26% |
| 2026-01-09 | 160.21% |
| 2026-01-08 | 160.17% |
| 2026-01-07 | 160.28% |
| 2026-01-06 | 160.24% |
| 2026-01-05 | 160.18% |
| 2026-01-02 | 160.16% |
| 2025-12-31 | 123.06% |
| 2025-12-30 | 123.01% |
| 2025-12-29 | 123.02% |
| 2025-12-26 | 123.10% |
| 2025-12-24 | 123.03% |
| 2025-12-23 | 123.04% |
| 2025-12-22 | 123.09% |
| 2025-12-19 | 123.10% |
| 2025-12-18 | 123.02% |
| 2025-12-17 | 123.02% |
| 2025-12-16 | 123.07% |
| 2025-12-15 | 123.01% |
| 2025-12-12 | 123.03% |
| 2025-12-11 | 123.07% |
| 2025-12-10 | 123.01% |
| 2025-12-09 | 123.05% |
| 2025-12-08 | 123.08% |
| 2025-12-05 | 123.08% |
| 2025-12-04 | 123.03% |
| 2025-12-03 | 123.10% |
| 2025-12-02 | 123.09% |
| 2025-12-01 | 123.00% |
| 2025-11-28 | 123.01% |
| 2025-11-26 | 123.03% |
| 2025-11-25 | 123.03% |
| 2025-11-24 | 123.08% |
| 2025-11-21 | 123.06% |
| 2025-11-20 | 123.03% |
| 2025-11-19 | 123.05% |
| 2025-11-18 | 123.05% |
| 2025-11-17 | 123.00% |
| 2025-11-14 | 123.09% |
| 2025-11-13 | 111.51% |
| 2025-11-12 | 111.52% |
| 2025-11-11 | 111.51% |
| 2025-11-10 | 111.49% |
| 2025-11-07 | 121.26% |
| 2025-11-06 | 121.28% |
| 2025-11-05 | 121.27% |
| 2025-11-04 | 121.21% |
| 2025-11-03 | 121.21% |
| 2025-10-31 | 121.28% |
| 2025-10-30 | 121.20% |
| 2025-10-29 | 121.22% |
| 2025-10-28 | 121.29% |
| 2025-10-27 | 121.28% |
| 2025-10-24 | 121.29% |
| 2025-10-23 | 121.29% |
| 2025-10-22 | 121.21% |
| 2025-10-21 | 121.27% |
| 2025-10-20 | 121.24% |
| 2025-10-17 | 121.26% |
| 2025-10-16 | 121.25% |
| 2025-10-15 | 121.29% |
| 2025-10-14 | 121.24% |
| 2025-10-13 | 121.28% |
| 2025-10-10 | 121.20% |
| 2025-10-09 | 121.29% |
| 2025-10-08 | 121.25% |
| 2025-10-07 | 121.28% |
| 2025-10-06 | 121.21% |
| 2025-10-03 | 121.25% |
| 2025-10-02 | 121.26% |
| 2025-10-01 | 121.25% |
| 2025-09-30 | 121.27% |
| 2025-09-29 | 121.20% |
| 2025-09-26 | 121.20% |
| 2025-09-25 | 121.21% |
| 2025-09-24 | 121.24% |
| 2025-09-23 | 121.28% |
Showing the most recent 260 of 2,444 data points. The chart above shows the full history.
| $1.00 |
| 49.5% |
| 2019-12-31 | $2.47 | $0.96 | 38.9% |
| 2018-12-31 | $2.19 | $1.26 | 57.5% |
| 2017-12-31 | $1.26 | $0.68 | 54.0% |
| 2016-12-31 | $1.45 | $0.60 | 41.4% |
| 2015-12-31 | $1.32 | $0.54 | 40.9% |
| 2014-12-31 | $1.34 | $0.50 | 37.3% |
| 2013-12-31 | $1.13 | $0.48 | 42.5% |
| 2012-12-31 | $1.44 | $0.43 | 29.9% |
| 2011-12-31 | $1.08 | $0.40 | 37.0% |
| 2010-12-31 | $1.23 | $0.40 | 32.5% |
| 2009-12-31 | ($2.72) | $0.30 | N/A (Loss) |
| 2008-12-31 | $0.26 | $1.12 | 430.8% |
| 2007-12-31 | $2.64 | $1.08 | 40.9% |
| 2006-12-31 | $2.58 | $1.04 | 40.3% |
| 2005-12-31 | $2.33 | $1.02 | 43.8% |
| 2004-12-31 | $1.99 | $1.00 | 50.3% |
| 2003-12-31 | $2.27 | $0.97 | 42.9% |
| 2002-12-31 | $2.26 | $0.91 | 40.2% |
| 2001-12-31 | $1.75 | $0.85 | 48.6% |
| 2000-12-31 | $1.61 | $0.90 | 56.1% |
| 1999-12-31 | $1.59 | $0.99 | 62.4% |
| 1998-12-31 | $1.23 | $1.42 | 115.6% |
| 1997-12-31 | $1.41 | $0.65 | 46.0% |
| 1996-12-31 | $1.63 | $0.55 | 33.7% |
