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 20.30% is 32% below its 5-year average of 29.80%, near the low end of its 5-year range (18.49%–750.00%).
As of Tuesday, September 8, 2026. 28.79% below its 12-month average of 28.50%.
Dividend Payout Ratio (20.30%) = TTM Dividends/Share ($0.68) / TTM EPS ($3.35)
DIVIDEND PAYOUT RATIO
20.30%
DIVIDEND PAYOUT RATIO AVG TTM
28.50%
DIVIDEND PAYOUT RATIO AVG 3Y
28.50%
DIVIDEND PAYOUT RATIO AVG 5Y
29.80%
DIVIDEND PAYOUT RATIO AVG 10Y
36.32%
DIVIDEND PAYOUT RATIO AVG 15Y
33.71%
DIVIDEND PAYOUT RATIO AVG 20Y
31.74%
CURRENT VS TTM AVG
-28.79%
CURRENT VS 3Y AVG
-28.77%
CURRENT VS 5Y AVG
-31.90%
CURRENT VS 10Y AVG
-44.11%
CURRENT VS 15Y AVG
-39.78%
CURRENT VS 20Y AVG
-36.05%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-01-31 | $2.18 | $0.66 | 30.3% |
| 2025-01-31 | $2.24 | $0.60 | 26.8% |
| 2024-01-31 | $1.36 | $0.60 | 44.1% |
| 2023-01-31 | ($0.55) | $0.60 | N/A (Loss) |
| 2022-01-31 | $0.68 | $0.60 | 88.6% |
| 2021-01-31 | ($1.78) |
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 | 20.30% |
| 2026-09-04 | 20.31% |
| 2026-09-03 | 20.29% |
| 2026-09-02 | 20.31% |
| 2026-09-01 | 20.31% |
| 2026-08-31 | 20.30% |
| 2026-08-28 | 20.30% |
| 2026-08-27 | 26.79% |
| 2026-08-26 | 26.78% |
| 2026-08-25 | 26.76% |
| 2026-08-24 | 26.79% |
| 2026-08-21 | 26.79% |
| 2026-08-20 | 26.78% |
| 2026-08-19 | 26.76% |
| 2026-08-18 | 26.79% |
| 2026-08-17 | 26.76% |
| 2026-08-14 | 26.77% |
| 2026-08-13 | 26.78% |
| 2026-08-12 | 26.76% |
| 2026-08-11 | 26.77% |
| 2026-08-10 | 26.78% |
| 2026-08-07 | 26.77% |
| 2026-08-06 | 26.78% |
| 2026-08-05 | 26.78% |
| 2026-08-04 | 26.78% |
| 2026-08-03 | 26.78% |
| 2026-07-31 | 26.77% |
| 2026-07-30 | 26.76% |
| 2026-07-29 | 26.78% |
| 2026-07-28 | 26.78% |
| 2026-07-27 | 26.76% |
| 2026-07-24 | 26.76% |
| 2026-07-23 | 26.76% |
| 2026-07-22 | 26.78% |
| 2026-07-21 | 26.78% |
| 2026-07-20 | 26.78% |
| 2026-07-17 | 26.77% |
| 2026-07-16 | 26.77% |
| 2026-07-15 | 26.76% |
| 2026-07-14 | 26.79% |
| 2026-07-13 | 26.79% |
| 2026-07-10 | 26.77% |
| 2026-07-09 | 26.77% |
| 2026-07-08 | 33.25% |
| 2026-07-07 | 26.39% |
| 2026-07-06 | 26.39% |
| 2026-07-02 | 26.38% |
| 2026-07-01 | 26.38% |
| 2026-06-30 | 26.36% |
| 2026-06-29 | 26.36% |
| 2026-06-26 | 26.39% |
| 2026-06-25 | 26.38% |
| 2026-06-24 | 26.39% |
| 2026-06-23 | 26.37% |
| 2026-06-22 | 26.38% |
| 2026-06-18 | 26.39% |
| 2026-06-17 | 26.36% |
| 2026-06-16 | 26.39% |
| 2026-06-15 | 26.38% |
| 2026-06-12 | 26.38% |
| 2026-06-11 | 26.39% |
| 2026-06-10 | 26.39% |
| 2026-06-09 | 26.39% |
| 2026-06-08 | 26.37% |
| 2026-06-05 | 26.38% |
| 2026-06-04 | 26.38% |
| 2026-06-03 | 26.37% |
| 2026-06-02 | 26.38% |
| 2026-06-01 | 26.37% |
| 2026-05-29 | 26.39% |
| 2026-05-28 | 31.17% |
| 2026-05-27 | 31.17% |
| 2026-05-26 | 31.18% |
| 2026-05-22 | 31.17% |
| 2026-05-21 | 31.17% |
| 2026-05-20 | 31.16% |
| 2026-05-19 | 31.18% |
| 2026-05-18 | 31.16% |
| 2026-05-15 | 31.16% |
| 2026-05-14 | 31.15% |
| 2026-05-13 | 31.17% |
| 2026-05-12 | 31.17% |
| 2026-05-11 | 31.16% |
| 2026-05-08 | 31.16% |
| 2026-05-07 | 31.17% |
| 2026-05-06 | 31.15% |
| 2026-05-05 | 31.18% |
| 2026-05-04 | 31.16% |
| 2026-05-01 | 31.17% |
| 2026-04-30 | 31.17% |
| 2026-04-29 | 31.15% |
| 2026-04-28 | 31.17% |
| 2026-04-27 | 31.17% |
| 2026-04-24 | 31.15% |
| 2026-04-23 | 31.17% |
| 2026-04-22 | 31.17% |
| 2026-04-21 | 31.17% |
| 2026-04-20 | 31.15% |
| 2026-04-17 | 31.17% |
| 2026-04-16 | 31.16% |
| 2026-04-15 | 31.16% |
| 2026-04-14 | 31.17% |
| 2026-04-13 | 31.17% |
| 2026-04-10 | 31.16% |
| 2026-04-09 | 31.16% |
| 2026-04-08 | 38.84% |
| 2026-04-07 | 30.69% |
| 2026-04-06 | 30.70% |
| 2026-04-02 | 30.71% |
| 2026-04-01 | 30.71% |
| 2026-03-31 | 30.71% |
| 2026-03-30 | 30.69% |
| 2026-03-27 | 30.71% |
| 2026-03-26 | 30.70% |
| 2026-03-25 | 30.71% |
| 2026-03-24 | 30.71% |
| 2026-03-23 | 30.70% |
| 2026-03-20 | 30.70% |
| 2026-03-19 | 30.70% |
| 2026-03-18 | 30.71% |
| 2026-03-17 | 30.69% |
| 2026-03-16 | 29.47% |
| 2026-03-13 | 29.45% |
| 2026-03-12 | 29.48% |
| 2026-03-11 | 29.47% |
| 2026-03-10 | 29.48% |
| 2026-03-09 | 29.46% |
| 2026-03-06 | 29.46% |
| 2026-03-05 | 29.46% |
| 2026-03-04 | 29.45% |
| 2026-03-03 | 29.48% |
| 2026-03-02 | 29.47% |
| 2026-02-27 | 29.47% |
| 2026-02-26 | 29.48% |
| 2026-02-25 | 29.45% |
| 2026-02-24 | 29.48% |
| 2026-02-23 | 29.46% |
| 2026-02-20 | 29.46% |
| 2026-02-19 | 29.47% |
| 2026-02-18 | 29.47% |
| 2026-02-17 | 29.46% |
| 2026-02-13 | 29.46% |
| 2026-02-12 | 29.47% |
| 2026-02-11 | 29.47% |
| 2026-02-10 | 29.47% |
| 2026-02-09 | 29.46% |
| 2026-02-06 | 29.45% |
| 2026-02-05 | 29.47% |
| 2026-02-04 | 29.46% |
| 2026-02-03 | 29.46% |
| 2026-02-02 | 29.47% |
| 2026-01-30 | 29.46% |
| 2026-01-29 | 29.47% |
| 2026-01-28 | 29.45% |
| 2026-01-27 | 29.45% |
| 2026-01-26 | 29.47% |
| 2026-01-23 | 29.47% |
| 2026-01-22 | 29.47% |
| 2026-01-21 | 29.47% |
| 2026-01-20 | 29.47% |
| 2026-01-16 | 29.46% |
| 2026-01-15 | 29.47% |
| 2026-01-14 | 29.47% |
| 2026-01-13 | 29.48% |
| 2026-01-12 | 29.45% |
| 2026-01-09 | 29.46% |
| 2026-01-08 | 29.47% |
| 2026-01-07 | 36.16% |
| 2026-01-06 | 28.80% |
| 2026-01-05 | 28.80% |
| 2026-01-02 | 28.81% |
| 2025-12-31 | 28.80% |
| 2025-12-30 | 28.79% |
| 2025-12-29 | 28.79% |
| 2025-12-26 | 28.80% |
| 2025-12-24 | 28.79% |
| 2025-12-23 | 28.79% |
| 2025-12-22 | 28.79% |
| 2025-12-19 | 28.80% |
| 2025-12-18 | 28.80% |
| 2025-12-17 | 28.80% |
| 2025-12-16 | 28.79% |
| 2025-12-15 | 28.79% |
| 2025-12-12 | 28.80% |
| 2025-12-11 | 28.80% |
| 2025-12-10 | 28.81% |
| 2025-12-09 | 28.78% |
| 2025-12-08 | 28.79% |
| 2025-12-05 | 28.80% |
| 2025-12-04 | 28.78% |
| 2025-12-03 | 28.80% |
| 2025-12-02 | 28.79% |
| 2025-12-01 | 28.80% |
| 2025-11-28 | 28.78% |
| 2025-11-26 | 28.79% |
| 2025-11-25 | 28.81% |
| 2025-11-24 | 27.57% |
| 2025-11-21 | 27.57% |
| 2025-11-20 | 27.55% |
| 2025-11-19 | 27.55% |
| 2025-11-18 | 27.56% |
| 2025-11-17 | 27.57% |
| 2025-11-14 | 27.56% |
| 2025-11-13 | 27.56% |
| 2025-11-12 | 27.58% |
| 2025-11-11 | 27.55% |
| 2025-11-10 | 27.55% |
| 2025-11-07 | 27.58% |
| 2025-11-06 | 27.58% |
| 2025-11-05 | 27.56% |
| 2025-11-04 | 27.57% |
| 2025-11-03 | 27.57% |
| 2025-10-31 | 27.55% |
| 2025-10-30 | 27.58% |
| 2025-10-29 | 27.55% |
| 2025-10-28 | 27.57% |
| 2025-10-27 | 27.56% |
| 2025-10-24 | 27.58% |
| 2025-10-23 | 27.56% |
| 2025-10-22 | 27.55% |
| 2025-10-21 | 27.56% |
| 2025-10-20 | 27.55% |
| 2025-10-17 | 27.56% |
| 2025-10-16 | 27.55% |
| 2025-10-15 | 27.57% |
| 2025-10-14 | 27.58% |
| 2025-10-13 | 27.57% |
| 2025-10-10 | 27.57% |
| 2025-10-09 | 27.58% |
| 2025-10-08 | 33.97% |
| 2025-10-07 | 26.91% |
| 2025-10-06 | 26.92% |
| 2025-10-03 | 26.93% |
| 2025-10-02 | 26.92% |
| 2025-10-01 | 26.92% |
| 2025-09-30 | 26.92% |
| 2025-09-29 | 26.92% |
| 2025-09-26 | 26.93% |
| 2025-09-25 | 26.93% |
| 2025-09-24 | 26.91% |
| 2025-09-23 | 26.93% |
| 2025-09-22 | 26.92% |
| 2025-09-19 | 26.92% |
| 2025-09-18 | 26.93% |
| 2025-09-17 | 26.93% |
| 2025-09-16 | 26.94% |
| 2025-09-15 | 26.92% |
| 2025-09-12 | 26.93% |
| 2025-09-11 | 26.91% |
| 2025-09-10 | 26.93% |
| 2025-09-09 | 26.93% |
| 2025-09-08 | 26.93% |
| 2025-09-05 | 26.92% |
| 2025-09-04 | 26.93% |
| 2025-09-03 | 26.91% |
| 2025-09-02 | 26.93% |
| 2025-08-29 | 26.93% |
| 2025-08-28 | 27.29% |
| 2025-08-27 | 27.26% |
| 2025-08-26 | 27.27% |
Showing the most recent 260 of 2,406 data points. The chart above shows the full history.
| $0.00 |
| N/A (Loss) |
| 2020-01-31 | $0.93 | $0.97 | 104.3% |
| 2019-01-31 | $2.61 | $0.97 | 37.2% |
| 2018-01-31 | $2.16 | $0.92 | 42.6% |
| 2017-01-31 | $1.69 | $0.92 | 54.4% |
| 2016-01-31 | $2.24 | $0.92 | 41.1% |
| 2015-01-31 | $2.90 | $0.88 | 30.3% |
| 2014-01-31 | $2.78 | $0.70 | 25.2% |
| 2013-01-31 | $2.35 | $0.50 | 21.3% |
| 2012-01-31 | $1.57 | $0.45 | 28.8% |
| 2011-01-31 | $1.89 | $0.40 | 21.2% |
| 2010-01-31 | $1.59 | $0.34 | 21.4% |
| 2009-01-31 | $1.58 | $0.34 | 21.5% |
| 2008-01-31 | $1.05 | $0.32 | 30.5% |
| 2007-01-31 | $0.94 | $0.32 | 34.0% |
| 2006-01-31 | $1.26 | $0.20 | 16.0% |
| 2005-01-31 | $1.29 | $0.09 | 7.1% |
| 2004-01-31 | $1.15 | $0.09 | 7.8% |
| 2003-01-31 | $0.55 | $0.09 | 16.0% |
| 2002-01-31 | ($0.01) | $0.09 | N/A (Loss) |
| 2001-01-31 | $1.03 | $0.09 | 8.5% |
| 2000-01-31 | $1.32 | $0.09 | 6.7% |
| 1999-01-31 | $0.95 | $0.08 | 8.6% |
| 1998-01-31 | $0.60 | $0.09 | 14.8% |
| 1997-01-31 | $0.49 | $0.09 | 18.1% |