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 19.60% is 45% below its 5-year average of 35.46%, near the low end of its 5-year range (2.09%–532.91%).
As of Monday, July 27, 2026. 5.24% above its 12-month average of 18.62%.
Dividend Payout Ratio (19.60%) = TTM Dividends/Share ($1.66) / TTM EPS ($8.47)
DIVIDEND PAYOUT RATIO
19.60%
DIVIDEND PAYOUT RATIO AVG TTM
18.62%
DIVIDEND PAYOUT RATIO AVG 3Y
18.26%
DIVIDEND PAYOUT RATIO AVG 5Y
14.58%
DIVIDEND PAYOUT RATIO AVG 10Y
25.74%
DIVIDEND PAYOUT RATIO AVG 15Y
23.37%
DIVIDEND PAYOUT RATIO AVG 20Y
26.86%
CURRENT VS TTM AVG
+5.24%
CURRENT VS 3Y AVG
+7.29%
CURRENT VS 5Y AVG
+34.46%
CURRENT VS 10Y AVG
-23.86%
CURRENT VS 15Y AVG
-16.14%
CURRENT VS 20Y AVG
-27.03%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $8.16 | $1.44 | 17.6% |
| 2024 | $6.04 | $1.12 | 18.5% |
| 2023 | $8.44 | $0.26 | 3.0% |
| 2022 | $0.04 | $0.20 | 463.1% |
| 2021 | ($6.16) | $0.20 | N/A (Loss) |
| 2020 | $4.67 | $0.20 |
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 |
|---|---|
| 2026-07-24 | 19.60% |
| 2026-07-23 | 19.60% |
| 2026-07-22 | 19.60% |
| 2026-07-21 | 19.60% |
| 2026-07-20 | 19.60% |
| 2026-07-17 | 19.60% |
| 2026-07-16 | 19.60% |
| 2026-07-15 | 20.49% |
| 2026-07-14 | 20.49% |
| 2026-07-13 | 20.49% |
| 2026-07-10 | 20.49% |
| 2026-07-09 | 20.50% |
| 2026-07-08 | 20.49% |
| 2026-07-07 | 20.50% |
| 2026-07-06 | 24.94% |
| 2026-07-02 | 19.14% |
| 2026-07-01 | 19.14% |
| 2026-06-30 | 19.14% |
| 2026-06-29 | 19.14% |
| 2026-06-26 | 19.14% |
| 2026-06-25 | 19.14% |
| 2026-06-24 | 19.14% |
| 2026-06-23 | 19.14% |
| 2026-06-22 | 19.13% |
| 2026-06-18 | 19.13% |
| 2026-06-17 | 19.14% |
| 2026-06-16 | 19.13% |
| 2026-06-15 | 19.13% |
| 2026-06-12 | 19.14% |
| 2026-06-11 | 19.14% |
| 2026-06-10 | 19.14% |
| 2026-06-09 | 19.14% |
| 2026-06-08 | 19.14% |
| 2026-06-05 | 19.13% |
| 2026-06-04 | 19.14% |
| 2026-06-03 | 19.13% |
| 2026-06-02 | 19.13% |
| 2026-06-01 | 19.13% |
| 2026-05-29 | 19.14% |
| 2026-05-28 | 19.14% |
| 2026-05-27 | 19.13% |
| 2026-05-26 | 19.14% |
| 2026-05-22 | 19.14% |
| 2026-05-21 | 19.13% |
| 2026-05-20 | 19.14% |
| 2026-05-19 | 19.14% |
| 2026-05-18 | 19.14% |
| 2026-05-15 | 19.14% |
| 2026-05-14 | 19.13% |
| 2026-05-13 | 19.13% |
| 2026-05-12 | 19.13% |
| 2026-05-11 | 19.13% |
| 2026-05-08 | 19.14% |
| 2026-05-07 | 19.13% |
| 2026-05-06 | 19.14% |
| 2026-05-05 | 19.13% |
| 2026-05-04 | 19.13% |
| 2026-05-01 | 19.13% |
| 2026-04-30 | 19.13% |
| 2026-04-29 | 19.14% |
| 2026-04-28 | 19.13% |
| 2026-04-27 | 19.14% |
| 2026-04-24 | 19.14% |
| 2026-04-23 | 19.14% |
| 2026-04-22 | 19.14% |
| 2026-04-21 | 19.14% |
| 2026-04-20 | 19.09% |
| 2026-04-17 | 19.09% |
| 2026-04-16 | 19.09% |
| 2026-04-15 | 19.09% |
| 2026-04-14 | 19.09% |
| 2026-04-13 | 19.09% |
| 2026-04-10 | 19.09% |
| 2026-04-09 | 19.09% |
| 2026-04-08 | 19.09% |
| 2026-04-07 | 19.09% |
| 2026-04-06 | 19.09% |
| 2026-04-02 | 19.09% |
| 2026-04-01 | 19.09% |
| 2026-03-31 | 19.09% |
| 2026-03-30 | 19.09% |
| 2026-03-27 | 19.09% |
| 2026-03-26 | 19.09% |
| 2026-03-25 | 19.09% |
| 2026-03-24 | 19.09% |
| 2026-03-23 | 19.09% |
| 2026-03-20 | 19.09% |
| 2026-03-19 | 19.09% |
| 2026-03-18 | 19.09% |
| 2026-03-17 | 19.09% |
| 2026-03-16 | 19.09% |
| 2026-03-13 | 19.09% |
| 2026-03-12 | 19.09% |
| 2026-03-11 | 19.09% |
| 2026-03-10 | 19.09% |
| 2026-03-09 | 23.52% |
| 2026-03-06 | 17.73% |
| 2026-03-05 | 17.73% |
| 2026-03-04 | 17.73% |
| 2026-03-03 | 17.73% |
| 2026-03-02 | 17.73% |
| 2026-02-27 | 17.73% |
| 2026-02-26 | 17.74% |
| 2026-02-25 | 17.73% |
| 2026-02-24 | 17.74% |
| 2026-02-23 | 17.74% |
| 2026-02-20 | 17.73% |
| 2026-02-19 | 17.73% |
| 2026-02-18 | 17.73% |
| 2026-02-17 | 17.73% |
| 2026-02-13 | 17.73% |
| 2026-02-12 | 17.73% |
| 2026-02-11 | 17.74% |
| 2026-02-10 | 17.74% |
| 2026-02-09 | 17.74% |
| 2026-02-06 | 17.73% |
| 2026-02-05 | 17.73% |
| 2026-02-04 | 17.73% |
| 2026-02-03 | 17.73% |
| 2026-02-02 | 17.73% |
| 2026-01-30 | 17.73% |
| 2026-01-29 | 17.74% |
| 2026-01-28 | 19.23% |
| 2026-01-27 | 19.23% |
| 2026-01-26 | 19.22% |
| 2026-01-23 | 19.22% |
| 2026-01-22 | 19.23% |
| 2026-01-21 | 19.22% |
| 2026-01-20 | 19.23% |
| 2026-01-16 | 19.23% |
| 2026-01-15 | 19.23% |
| 2026-01-14 | 19.22% |
| 2026-01-13 | 19.23% |
| 2026-01-12 | 19.23% |
| 2026-01-09 | 19.23% |
| 2026-01-08 | 19.23% |
| 2026-01-07 | 19.23% |
| 2026-01-06 | 19.23% |
| 2026-01-05 | 19.23% |
| 2026-01-02 | 19.22% |
| 2025-12-31 | 19.23% |
| 2025-12-30 | 19.23% |
| 2025-12-29 | 19.23% |
| 2025-12-26 | 18.16% |
| 2025-12-24 | 18.16% |
| 2025-12-23 | 18.16% |
| 2025-12-22 | 18.16% |
| 2025-12-19 | 18.16% |
| 2025-12-18 | 18.16% |
| 2025-12-17 | 18.16% |
| 2025-12-16 | 18.16% |
| 2025-12-15 | 18.16% |
| 2025-12-12 | 18.16% |
| 2025-12-11 | 18.16% |
| 2025-12-10 | 18.16% |
| 2025-12-09 | 18.16% |
| 2025-12-08 | 18.16% |
| 2025-12-05 | 18.16% |
| 2025-12-04 | 18.16% |
| 2025-12-03 | 18.16% |
| 2025-12-02 | 18.16% |
| 2025-12-01 | 18.16% |
| 2025-11-28 | 18.16% |
| 2025-11-26 | 18.16% |
| 2025-11-25 | 18.16% |
| 2025-11-24 | 18.16% |
| 2025-11-21 | 18.16% |
| 2025-11-20 | 18.16% |
| 2025-11-19 | 18.16% |
| 2025-11-18 | 18.16% |
| 2025-11-17 | 18.16% |
| 2025-11-14 | 18.16% |
| 2025-11-13 | 18.16% |
| 2025-11-12 | 18.16% |
| 2025-11-11 | 18.16% |
| 2025-11-10 | 18.16% |
| 2025-11-07 | 18.16% |
| 2025-11-06 | 18.16% |
| 2025-11-05 | 18.16% |
| 2025-11-04 | 18.16% |
| 2025-11-03 | 18.16% |
| 2025-10-31 | 18.16% |
| 2025-10-30 | 18.16% |
| 2025-10-29 | 18.16% |
| 2025-10-28 | 18.16% |
| 2025-10-27 | 18.16% |
| 2025-10-24 | 18.16% |
| 2025-10-23 | 18.16% |
| 2025-10-22 | 18.16% |
| 2025-10-21 | 18.16% |
| 2025-10-20 | 18.99% |
| 2025-10-17 | 18.99% |
| 2025-10-16 | 19.00% |
| 2025-10-15 | 19.00% |
| 2025-10-14 | 18.99% |
| 2025-10-13 | 18.99% |
| 2025-10-10 | 18.99% |
| 2025-10-09 | 19.00% |
| 2025-10-08 | 19.00% |
| 2025-10-07 | 18.99% |
| 2025-10-06 | 18.99% |
| 2025-10-03 | 18.99% |
| 2025-10-02 | 18.99% |
| 2025-10-01 | 18.99% |
| 2025-09-30 | 18.99% |
| 2025-09-29 | 18.99% |
| 2025-09-26 | 13.97% |
| 2025-09-25 | 17.88% |
| 2025-09-24 | 17.88% |
| 2025-09-23 | 17.88% |
| 2025-09-22 | 17.88% |
| 2025-09-19 | 17.88% |
| 2025-09-18 | 17.88% |
| 2025-09-17 | 17.88% |
| 2025-09-16 | 17.88% |
| 2025-09-15 | 17.88% |
| 2025-09-12 | 17.88% |
| 2025-09-11 | 17.88% |
| 2025-09-10 | 17.88% |
| 2025-09-09 | 17.88% |
| 2025-09-08 | 17.88% |
| 2025-09-05 | 17.88% |
| 2025-09-04 | 17.88% |
| 2025-09-03 | 17.88% |
| 2025-09-02 | 17.88% |
| 2025-08-29 | 17.88% |
| 2025-08-28 | 17.88% |
| 2025-08-27 | 17.88% |
| 2025-08-26 | 17.88% |
| 2025-08-25 | 17.88% |
| 2025-08-22 | 17.87% |
| 2025-08-21 | 17.88% |
| 2025-08-20 | 17.88% |
| 2025-08-19 | 17.88% |
| 2025-08-18 | 17.88% |
| 2025-08-15 | 17.88% |
| 2025-08-14 | 17.88% |
| 2025-08-13 | 17.88% |
| 2025-08-12 | 17.88% |
| 2025-08-11 | 17.88% |
| 2025-08-08 | 17.88% |
| 2025-08-07 | 17.88% |
| 2025-08-06 | 17.88% |
| 2025-08-05 | 17.88% |
| 2025-08-04 | 17.88% |
| 2025-08-01 | 17.88% |
| 2025-07-31 | 17.88% |
| 2025-07-30 | 17.88% |
| 2025-07-29 | 17.88% |
| 2025-07-28 | 17.87% |
| 2025-07-25 | 17.88% |
| 2025-07-24 | 17.88% |
| 2025-07-23 | 17.88% |
| 2025-07-22 | 17.88% |
| 2025-07-21 | 17.88% |
| 2025-07-18 | 19.94% |
| 2025-07-17 | 19.94% |
| 2025-07-16 | 19.94% |
| 2025-07-15 | 19.94% |
| 2025-07-14 | 19.94% |
Showing the most recent 260 of 2,004 data points. The chart above shows the full history.
| 4.3% |
| 2019 | ($4.96) | $0.20 | N/A (Loss) |
| 2018 | ($20.99) | $1.77 | N/A (Loss) |
| 2017 | ($8.35) | $4.02 | N/A (Loss) |
| 2016 | $6.90 | $4.45 | 64.5% |
| 2015 | ($4.93) | $4.40 | N/A (Loss) |
| 2014 | $12.08 | $4.26 | 35.3% |
| 2013 | $5.95 | $3.78 | 63.5% |
| 2012 | $10.32 | $3.35 | 32.5% |
| 2011 | $9.93 | $2.92 | 29.4% |
| 2010 | $8.55 | $2.20 | 25.7% |
| 2009 | $8.08 | $2.92 | 36.1% |
| 2008 | $13.76 | $5.93 | 43.1% |
| 2007 | $17.44 | $5.50 | 31.6% |
| 2006 | $16.00 | $4.93 | 30.8% |
| 2005 | $12.64 | $4.36 | 34.5% |
| 2004 | $13.20 | $3.92 | 29.7% |
| 2003 | $12.16 | $3.69 | 30.3% |
| 2002 | $11.36 | $3.49 | 30.8% |
| 2001 | $11.04 | $3.16 | 28.6% |
| 2000 | $10.32 | $2.73 | 26.4% |
| 1999 | $8.72 | $2.33 | 26.7% |
| 1998 | $7.60 | $1.99 | 26.2% |
| 1997 | $6.67 | $1.72 | 25.8% |
| 1996 | $5.87 | $1.52 | 25.8% |