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 59.54% is 58% below its 5-year average of 140.12%, near the low end of its 5-year range (55.03%–485.32%).
As of Sunday, July 26, 2026. 24.91% below its 12-month average of 79.29%.
Dividend Payout Ratio (59.54%) = TTM Dividends/Share ($6.73) / TTM EPS ($11.30)
DIVIDEND PAYOUT RATIO
59.54%
DIVIDEND PAYOUT RATIO AVG TTM
79.29%
DIVIDEND PAYOUT RATIO AVG 3Y
85.07%
DIVIDEND PAYOUT RATIO AVG 5Y
90.83%
DIVIDEND PAYOUT RATIO AVG 10Y
79.50%
DIVIDEND PAYOUT RATIO AVG 15Y
62.31%
DIVIDEND PAYOUT RATIO AVG 20Y
51.92%
CURRENT VS TTM AVG
-24.91%
CURRENT VS 3Y AVG
-30.01%
CURRENT VS 5Y AVG
-34.45%
CURRENT VS 10Y AVG
-25.10%
CURRENT VS 15Y AVG
-4.43%
CURRENT VS 20Y AVG
+14.68%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $11.36 | $6.71 | 59.1% |
| 2024 | $6.53 | $6.67 | 102.1% |
| 2023 | $8.23 | $6.63 | 80.6% |
| 2022 | $1.82 | $6.59 | 362.1% |
| 2021 | $6.41 | $6.33 | 98.8% |
| 2020 | $6.28 | $6.22 |
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 | 59.54% |
| 2026-07-23 | 59.57% |
| 2026-07-22 | 59.56% |
| 2026-07-21 | 59.50% |
| 2026-07-20 | 59.50% |
| 2026-07-17 | 59.49% |
| 2026-07-16 | 59.51% |
| 2026-07-15 | 59.49% |
| 2026-07-14 | 59.50% |
| 2026-07-13 | 59.50% |
| 2026-07-10 | 59.52% |
| 2026-07-09 | 59.51% |
| 2026-07-08 | 59.51% |
| 2026-07-07 | 59.51% |
| 2026-07-06 | 59.50% |
| 2026-07-02 | 59.51% |
| 2026-07-01 | 59.51% |
| 2026-06-30 | 59.50% |
| 2026-06-29 | 59.50% |
| 2026-06-26 | 59.51% |
| 2026-06-25 | 59.52% |
| 2026-06-24 | 59.50% |
| 2026-06-23 | 59.52% |
| 2026-06-22 | 59.50% |
| 2026-06-18 | 59.49% |
| 2026-06-17 | 59.51% |
| 2026-06-16 | 59.49% |
| 2026-06-15 | 59.51% |
| 2026-06-12 | 59.50% |
| 2026-06-11 | 59.50% |
| 2026-06-10 | 59.50% |
| 2026-06-09 | 59.49% |
| 2026-06-08 | 59.51% |
| 2026-06-05 | 59.49% |
| 2026-06-04 | 59.50% |
| 2026-06-03 | 59.50% |
| 2026-06-02 | 59.51% |
| 2026-06-01 | 59.50% |
| 2026-05-29 | 59.50% |
| 2026-05-28 | 59.50% |
| 2026-05-27 | 59.49% |
| 2026-05-26 | 59.52% |
| 2026-05-22 | 59.49% |
| 2026-05-21 | 59.51% |
| 2026-05-20 | 59.49% |
| 2026-05-19 | 59.51% |
| 2026-05-18 | 59.49% |
| 2026-05-15 | 59.51% |
| 2026-05-14 | 59.51% |
| 2026-05-13 | 59.51% |
| 2026-05-12 | 59.50% |
| 2026-05-11 | 59.52% |
| 2026-05-08 | 74.34% |
| 2026-05-07 | 59.41% |
| 2026-05-06 | 59.42% |
| 2026-05-05 | 59.42% |
| 2026-05-04 | 59.42% |
| 2026-05-01 | 59.41% |
| 2026-04-30 | 59.41% |
| 2026-04-29 | 59.42% |
| 2026-04-28 | 59.40% |
| 2026-04-27 | 59.41% |
| 2026-04-24 | 59.41% |
| 2026-04-23 | 59.41% |
| 2026-04-22 | 60.27% |
| 2026-04-21 | 60.27% |
| 2026-04-20 | 60.26% |
| 2026-04-17 | 60.26% |
| 2026-04-16 | 60.27% |
| 2026-04-15 | 60.28% |
| 2026-04-14 | 60.27% |
| 2026-04-13 | 60.27% |
| 2026-04-10 | 60.28% |
| 2026-04-09 | 60.26% |
| 2026-04-08 | 60.27% |
| 2026-04-07 | 60.27% |
| 2026-04-06 | 60.27% |
| 2026-04-02 | 60.28% |
| 2026-04-01 | 60.28% |
| 2026-03-31 | 60.27% |
| 2026-03-30 | 60.27% |
| 2026-03-27 | 60.28% |
| 2026-03-26 | 60.26% |
| 2026-03-25 | 60.27% |
| 2026-03-24 | 60.28% |
| 2026-03-23 | 60.26% |
| 2026-03-20 | 60.26% |
| 2026-03-19 | 60.26% |
| 2026-03-18 | 60.28% |
| 2026-03-17 | 60.27% |
| 2026-03-16 | 60.26% |
| 2026-03-13 | 60.27% |
| 2026-03-12 | 60.26% |
| 2026-03-11 | 60.27% |
| 2026-03-10 | 60.27% |
| 2026-03-09 | 60.27% |
| 2026-03-06 | 60.28% |
| 2026-03-05 | 60.27% |
| 2026-03-04 | 60.28% |
| 2026-03-03 | 60.27% |
| 2026-03-02 | 60.27% |
| 2026-02-27 | 60.26% |
| 2026-02-26 | 60.26% |
| 2026-02-25 | 60.26% |
| 2026-02-24 | 60.28% |
| 2026-02-23 | 80.39% |
| 2026-02-20 | 80.38% |
| 2026-02-19 | 80.39% |
| 2026-02-18 | 80.37% |
| 2026-02-17 | 80.39% |
| 2026-02-13 | 80.40% |
| 2026-02-12 | 80.37% |
| 2026-02-11 | 80.38% |
| 2026-02-10 | 80.38% |
| 2026-02-09 | 80.27% |
| 2026-02-06 | 80.27% |
| 2026-02-05 | 80.27% |
| 2026-02-04 | 80.27% |
| 2026-02-03 | 80.25% |
| 2026-02-02 | 80.27% |
| 2026-01-30 | 80.27% |
| 2026-01-29 | 80.26% |
| 2026-01-28 | 80.27% |
| 2026-01-27 | 80.26% |
| 2026-01-26 | 80.27% |
| 2026-01-23 | 80.26% |
| 2026-01-22 | 80.27% |
| 2026-01-21 | 80.26% |
| 2026-01-20 | 80.26% |
| 2026-01-16 | 80.26% |
| 2026-01-15 | 80.26% |
| 2026-01-14 | 80.27% |
| 2026-01-13 | 80.26% |
| 2026-01-12 | 80.26% |
| 2026-01-09 | 80.26% |
| 2026-01-08 | 80.26% |
| 2026-01-07 | 80.25% |
| 2026-01-06 | 80.26% |
| 2026-01-05 | 80.26% |
| 2026-01-02 | 80.27% |
| 2025-12-31 | 80.26% |
| 2025-12-30 | 80.26% |
| 2025-12-29 | 80.26% |
| 2025-12-26 | 80.25% |
| 2025-12-24 | 80.26% |
| 2025-12-23 | 80.27% |
| 2025-12-22 | 80.27% |
| 2025-12-19 | 80.26% |
| 2025-12-18 | 80.27% |
| 2025-12-17 | 80.26% |
| 2025-12-16 | 80.27% |
| 2025-12-15 | 80.26% |
| 2025-12-12 | 80.26% |
| 2025-12-11 | 80.26% |
| 2025-12-10 | 80.26% |
| 2025-12-09 | 80.27% |
| 2025-12-08 | 80.26% |
| 2025-12-05 | 80.25% |
| 2025-12-04 | 80.26% |
| 2025-12-03 | 80.27% |
| 2025-12-02 | 80.27% |
| 2025-12-01 | 80.26% |
| 2025-11-28 | 80.26% |
| 2025-11-26 | 80.27% |
| 2025-11-25 | 80.26% |
| 2025-11-24 | 80.27% |
| 2025-11-21 | 80.27% |
| 2025-11-20 | 80.27% |
| 2025-11-19 | 80.26% |
| 2025-11-18 | 80.26% |
| 2025-11-17 | 80.27% |
| 2025-11-14 | 80.27% |
| 2025-11-13 | 80.27% |
| 2025-11-12 | 80.27% |
| 2025-11-11 | 100.25% |
| 2025-11-10 | 100.25% |
| 2025-11-07 | 80.15% |
| 2025-11-06 | 80.14% |
| 2025-11-05 | 80.13% |
| 2025-11-04 | 80.15% |
| 2025-11-03 | 80.14% |
| 2025-10-31 | 80.14% |
| 2025-10-30 | 80.15% |
| 2025-10-29 | 80.15% |
| 2025-10-28 | 80.15% |
| 2025-10-27 | 80.14% |
| 2025-10-24 | 80.15% |
| 2025-10-23 | 80.14% |
| 2025-10-22 | 108.76% |
| 2025-10-21 | 108.77% |
| 2025-10-20 | 108.77% |
| 2025-10-17 | 108.76% |
| 2025-10-16 | 108.77% |
| 2025-10-15 | 108.78% |
| 2025-10-14 | 108.77% |
| 2025-10-13 | 108.76% |
| 2025-10-10 | 108.76% |
| 2025-10-09 | 108.76% |
| 2025-10-08 | 108.77% |
| 2025-10-07 | 108.77% |
| 2025-10-06 | 108.76% |
| 2025-10-03 | 108.76% |
| 2025-10-02 | 108.78% |
| 2025-10-01 | 108.77% |
| 2025-09-30 | 108.78% |
| 2025-09-29 | 108.76% |
| 2025-09-26 | 108.76% |
| 2025-09-25 | 108.77% |
| 2025-09-24 | 108.77% |
| 2025-09-23 | 108.75% |
| 2025-09-22 | 108.76% |
| 2025-09-19 | 108.77% |
| 2025-09-18 | 108.77% |
| 2025-09-17 | 108.77% |
| 2025-09-16 | 108.78% |
| 2025-09-15 | 108.77% |
| 2025-09-12 | 108.76% |
| 2025-09-11 | 108.76% |
| 2025-09-10 | 108.76% |
| 2025-09-09 | 108.76% |
| 2025-09-08 | 108.76% |
| 2025-09-05 | 108.78% |
| 2025-09-04 | 108.78% |
| 2025-09-03 | 108.78% |
| 2025-09-02 | 108.75% |
| 2025-08-29 | 108.77% |
| 2025-08-28 | 108.76% |
| 2025-08-27 | 108.78% |
| 2025-08-26 | 108.77% |
| 2025-08-25 | 108.77% |
| 2025-08-22 | 108.77% |
| 2025-08-21 | 108.76% |
| 2025-08-20 | 108.78% |
| 2025-08-19 | 108.77% |
| 2025-08-18 | 108.76% |
| 2025-08-15 | 108.78% |
| 2025-08-14 | 108.76% |
| 2025-08-13 | 108.76% |
| 2025-08-12 | 108.76% |
| 2025-08-11 | 108.77% |
| 2025-08-08 | 135.88% |
| 2025-08-07 | 108.60% |
| 2025-08-06 | 108.59% |
| 2025-08-05 | 108.60% |
| 2025-08-04 | 108.61% |
| 2025-08-01 | 108.60% |
| 2025-07-31 | 108.62% |
| 2025-07-30 | 108.60% |
| 2025-07-29 | 108.61% |
| 2025-07-28 | 108.61% |
| 2025-07-25 | 108.60% |
| 2025-07-24 | 108.60% |
| 2025-07-23 | 115.15% |
| 2025-07-22 | 115.15% |
| 2025-07-21 | 115.14% |
| 2025-07-18 | 115.14% |
| 2025-07-17 | 115.15% |
| 2025-07-16 | 115.14% |
| 2025-07-15 | 115.15% |
| 2025-07-14 | 115.16% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| 99.1% |
| 2019 | $10.63 | $6.15 | 57.8% |
| 2018 | $9.57 | $5.94 | 62.0% |
| 2017 | $6.17 | $5.64 | 91.4% |
| 2016 | $12.43 | $5.26 | 42.3% |
| 2015 | $13.48 | $4.78 | 35.5% |
| 2014 | $11.97 | $4.06 | 33.9% |
| 2013 | $15.06 | $3.54 | 23.5% |
| 2012 | $14.53 | $3.15 | 21.7% |
| 2011 | $13.25 | $2.77 | 20.9% |
| 2010 | $11.69 | $2.39 | 20.4% |
| 2009 | $10.12 | $2.06 | 20.3% |
| 2008 | $9.07 | $1.82 | 20.0% |
| 2007 | $7.32 | $1.43 | 19.6% |
| 2006 | $6.20 | $1.05 | 17.0% |
| 2005 | $4.96 | $0.75 | 15.0% |
| 2004 | $5.03 | $0.67 | 13.3% |
| 2003 | $4.40 | $0.60 | 13.7% |
| 2002 | $2.10 | $0.56 | 26.9% |
| 2001 | $4.45 | $0.53 | 11.8% |
| 2000 | $4.58 | $0.49 | 10.6% |
| 1999 | $4.25 | $0.45 | 10.6% |
| 1998 | $3.38 | $0.41 | 12.2% |
| 1997 | $3.09 | $0.37 | 12.0% |
| 1996 | $2.56 | $0.31 | 12.1% |
