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 92.57% is 65% above its 5-year average of 56.03%, near the high end of its 5-year range (25.54%–102.77%).
As of Monday, October 5, 2026. 11.45% above its 12-month average of 83.06%.
Dividend Payout Ratio (92.57%) = TTM Dividends/Share ($3.00) / TTM EPS ($3.24)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
92.57%
DIVIDEND PAYOUT RATIO AVG TTM
83.06%
DIVIDEND PAYOUT RATIO AVG 3Y
65.78%
DIVIDEND PAYOUT RATIO AVG 5Y
56.03%
DIVIDEND PAYOUT RATIO AVG 10Y
51.97%
DIVIDEND PAYOUT RATIO AVG 15Y
56.61%
DIVIDEND PAYOUT RATIO AVG 20Y
53.53%
CURRENT VS TTM AVG
+11.45%
CURRENT VS 3Y AVG
+40.73%
CURRENT VS 5Y AVG
+65.22%
CURRENT VS 10Y AVG
+78.13%
CURRENT VS 15Y AVG
+63.53%
CURRENT VS 20Y AVG
+72.94%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $2.92 | $2.00 | 68.5% |
| 2024-12-31 | $2.70 | $1.56 | 57.8% |
| 2023-12-31 | $2.41 | $0.68 | 28.2% |
| 2022-12-31 | $1.82 | $0.56 | 30.8% |
| 2021-12-31 | $1.65 | $0.90 | 54.5% |
| 2020-12-31 | $0.77 |
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 | 92.57% |
| 2026-10-02 | 92.58% |
| 2026-10-01 | 92.60% |
| 2026-09-30 | 92.60% |
| 2026-09-29 | 92.57% |
| 2026-09-28 | 77.18% |
| 2026-09-25 | 77.14% |
| 2026-09-24 | 92.58% |
| 2026-09-23 | 92.59% |
| 2026-09-22 | 92.57% |
| 2026-09-21 | 92.60% |
| 2026-09-18 | 92.57% |
| 2026-09-17 | 92.57% |
| 2026-09-16 | 92.59% |
| 2026-09-15 | 92.59% |
| 2026-09-14 | 92.61% |
| 2026-09-11 | 92.61% |
| 2026-09-10 | 92.58% |
| 2026-09-09 | 92.60% |
| 2026-09-08 | 92.57% |
| 2026-09-04 | 92.60% |
| 2026-09-03 | 92.57% |
| 2026-09-02 | 92.57% |
| 2026-09-01 | 92.60% |
| 2026-08-31 | 92.60% |
| 2026-08-28 | 92.58% |
| 2026-08-27 | 92.59% |
| 2026-08-26 | 92.61% |
| 2026-08-25 | 92.61% |
| 2026-08-24 | 92.57% |
| 2026-08-21 | 92.61% |
| 2026-08-20 | 92.58% |
| 2026-08-19 | 92.60% |
| 2026-08-18 | 92.58% |
| 2026-08-17 | 92.62% |
| 2026-08-14 | 92.60% |
| 2026-08-13 | 92.59% |
| 2026-08-12 | 98.71% |
| 2026-08-11 | 98.67% |
| 2026-08-10 | 98.67% |
| 2026-08-07 | 98.70% |
| 2026-08-06 | 98.68% |
| 2026-08-05 | 98.67% |
| 2026-08-04 | 98.67% |
| 2026-08-03 | 98.71% |
| 2026-07-31 | 98.66% |
| 2026-07-30 | 98.67% |
| 2026-07-29 | 98.66% |
| 2026-07-28 | 98.67% |
| 2026-07-27 | 98.68% |
| 2026-07-24 | 98.70% |
| 2026-07-23 | 98.68% |
| 2026-07-22 | 98.66% |
| 2026-07-21 | 98.68% |
| 2026-07-20 | 98.71% |
| 2026-07-17 | 98.71% |
| 2026-07-16 | 98.66% |
| 2026-07-15 | 98.71% |
| 2026-07-14 | 98.70% |
| 2026-07-13 | 98.69% |
| 2026-07-10 | 98.68% |
| 2026-07-09 | 98.67% |
| 2026-07-08 | 98.70% |
| 2026-07-07 | 98.69% |
| 2026-07-06 | 98.69% |
| 2026-07-02 | 98.70% |
| 2026-07-01 | 98.70% |
| 2026-06-30 | 98.69% |
| 2026-06-29 | 98.70% |
| 2026-06-26 | 98.70% |
| 2026-06-25 | 98.66% |
| 2026-06-24 | 98.71% |
| 2026-06-23 | 82.22% |
| 2026-06-22 | 82.26% |
| 2026-06-18 | 82.23% |
| 2026-06-17 | 98.68% |
| 2026-06-16 | 98.67% |
| 2026-06-15 | 98.67% |
| 2026-06-12 | 98.70% |
| 2026-06-11 | 98.67% |
| 2026-06-10 | 98.67% |
| 2026-06-09 | 98.70% |
| 2026-06-08 | 98.68% |
| 2026-06-05 | 98.68% |
| 2026-06-04 | 98.70% |
| 2026-06-03 | 98.69% |
| 2026-06-02 | 98.67% |
| 2026-06-01 | 98.68% |
| 2026-05-29 | 98.67% |
| 2026-05-28 | 98.67% |
| 2026-05-27 | 98.68% |
| 2026-05-26 | 102.72% |
| 2026-05-22 | 102.76% |
| 2026-05-21 | 102.76% |
| 2026-05-20 | 102.76% |
| 2026-05-19 | 102.72% |
| 2026-05-18 | 102.73% |
| 2026-05-15 | 102.73% |
| 2026-05-14 | 102.75% |
| 2026-05-13 | 102.73% |
| 2026-05-12 | 102.72% |
| 2026-05-11 | 102.72% |
| 2026-05-08 | 102.76% |
| 2026-05-07 | 102.75% |
| 2026-05-06 | 102.75% |
| 2026-05-05 | 102.75% |
| 2026-05-04 | 102.72% |
| 2026-05-01 | 102.74% |
| 2026-04-30 | 102.76% |
| 2026-04-29 | 102.76% |
| 2026-04-28 | 102.76% |
| 2026-04-27 | 102.76% |
| 2026-04-24 | 102.72% |
| 2026-04-23 | 102.73% |
| 2026-04-22 | 102.72% |
| 2026-04-21 | 102.76% |
| 2026-04-20 | 102.73% |
| 2026-04-17 | 102.75% |
| 2026-04-16 | 102.75% |
| 2026-04-15 | 102.74% |
| 2026-04-14 | 102.72% |
| 2026-04-13 | 102.72% |
| 2026-04-10 | 102.76% |
| 2026-04-09 | 102.71% |
| 2026-04-08 | 102.74% |
| 2026-04-07 | 102.74% |
| 2026-04-06 | 102.77% |
| 2026-04-02 | 102.76% |
| 2026-04-01 | 102.74% |
| 2026-03-31 | 102.71% |
| 2026-03-30 | 102.71% |
| 2026-03-27 | 51.38% |
| 2026-03-26 | 51.37% |
| 2026-03-25 | 51.36% |
| 2026-03-24 | 51.37% |
| 2026-03-23 | 51.36% |
| 2026-03-20 | 51.37% |
| 2026-03-19 | 68.48% |
| 2026-03-18 | 68.49% |
| 2026-03-17 | 68.50% |
| 2026-03-16 | 68.48% |
| 2026-03-13 | 68.49% |
| 2026-03-12 | 68.50% |
| 2026-03-11 | 68.48% |
| 2026-03-10 | 68.51% |
| 2026-03-09 | 68.51% |
| 2026-03-06 | 68.48% |
| 2026-03-05 | 70.18% |
| 2026-03-04 | 70.17% |
| 2026-03-03 | 70.18% |
| 2026-03-02 | 70.16% |
| 2026-02-27 | 70.17% |
| 2026-02-26 | 70.19% |
| 2026-02-25 | 70.16% |
| 2026-02-24 | 70.17% |
| 2026-02-23 | 70.19% |
| 2026-02-20 | 70.18% |
| 2026-02-19 | 70.19% |
| 2026-02-18 | 70.16% |
| 2026-02-17 | 70.19% |
| 2026-02-13 | 70.19% |
| 2026-02-12 | 70.19% |
| 2026-02-11 | 70.16% |
| 2026-02-10 | 70.18% |
| 2026-02-09 | 70.15% |
| 2026-02-06 | 70.19% |
| 2026-02-05 | 70.18% |
| 2026-02-04 | 70.17% |
| 2026-02-03 | 70.17% |
| 2026-02-02 | 70.17% |
| 2026-01-30 | 70.18% |
| 2026-01-29 | 70.16% |
| 2026-01-28 | 70.17% |
| 2026-01-27 | 70.19% |
| 2026-01-26 | 70.16% |
| 2026-01-23 | 70.18% |
| 2026-01-22 | 70.16% |
| 2026-01-21 | 70.17% |
| 2026-01-20 | 70.18% |
| 2026-01-16 | 70.19% |
| 2026-01-15 | 70.16% |
| 2026-01-14 | 70.19% |
| 2026-01-13 | 70.18% |
| 2026-01-12 | 70.18% |
| 2026-01-09 | 70.20% |
| 2026-01-08 | 70.16% |
| 2026-01-07 | 70.18% |
| 2026-01-06 | 70.16% |
| 2026-01-05 | 70.16% |
| 2026-01-02 | 70.18% |
| 2025-12-31 | 70.17% |
| 2025-12-30 | 70.19% |
| 2025-12-29 | 70.15% |
| 2025-12-26 | 52.63% |
| 2025-12-24 | 52.65% |
| 2025-12-23 | 52.63% |
| 2025-12-22 | 66.33% |
| 2025-12-19 | 66.33% |
| 2025-12-18 | 66.29% |
| 2025-12-17 | 66.33% |
| 2025-12-16 | 66.33% |
| 2025-12-15 | 66.31% |
| 2025-12-12 | 66.30% |
| 2025-12-11 | 66.30% |
| 2025-12-10 | 66.33% |
| 2025-12-09 | 66.33% |
| 2025-12-08 | 66.32% |
| 2025-12-05 | 66.30% |
| 2025-12-04 | 66.32% |
| 2025-12-03 | 66.33% |
| 2025-12-02 | 66.33% |
| 2025-12-01 | 66.33% |
| 2025-11-28 | 66.32% |
| 2025-11-26 | 66.29% |
| 2025-11-25 | 66.32% |
| 2025-11-24 | 66.34% |
| 2025-11-21 | 66.32% |
| 2025-11-20 | 66.31% |
| 2025-11-19 | 66.30% |
| 2025-11-18 | 67.51% |
| 2025-11-17 | 67.50% |
| 2025-11-14 | 67.51% |
| 2025-11-13 | 67.53% |
| 2025-11-12 | 67.50% |
| 2025-11-11 | 67.52% |
| 2025-11-10 | 67.50% |
| 2025-11-07 | 67.51% |
| 2025-11-06 | 67.52% |
| 2025-11-05 | 67.51% |
| 2025-11-04 | 67.52% |
| 2025-11-03 | 67.49% |
| 2025-10-31 | 67.48% |
| 2025-10-30 | 67.48% |
| 2025-10-29 | 67.49% |
| 2025-10-28 | 67.50% |
| 2025-10-27 | 67.52% |
| 2025-10-24 | 67.50% |
| 2025-10-23 | 67.50% |
| 2025-10-22 | 67.49% |
| 2025-10-21 | 67.52% |
| 2025-10-20 | 67.49% |
| 2025-10-17 | 67.49% |
| 2025-10-16 | 67.51% |
| 2025-10-15 | 67.52% |
| 2025-10-14 | 67.50% |
| 2025-10-13 | 67.47% |
| 2025-10-10 | 67.53% |
| 2025-10-09 | 67.52% |
| 2025-10-08 | 67.50% |
| 2025-10-07 | 67.49% |
| 2025-10-06 | 67.49% |
| 2025-10-03 | 67.47% |
| 2025-10-02 | 67.50% |
| 2025-10-01 | 67.53% |
| 2025-09-30 | 67.52% |
| 2025-09-29 | 67.52% |
| 2025-09-26 | 67.51% |
| 2025-09-25 | 81.41% |
| 2025-09-24 | 63.58% |
| 2025-09-23 | 63.56% |
Showing the most recent 260 of 2,586 data points. The chart above shows the full history.
| $0.24 |
| 31.2% |
| 2019-12-31 | $0.52 | $0.95 | 182.7% |
| 2018-12-31 | $3.06 | $0.95 | 31.0% |
| 2017-12-31 | $2.09 | $0.88 | 42.1% |
| 2016-12-31 | $1.53 | $0.86 | 56.2% |
| 2015-12-31 | $1.19 | $0.78 | 65.5% |
| 2014-12-31 | $1.45 | $0.98 | 67.7% |
| 2013-12-31 | $1.13 | $0.81 | 71.9% |
| 2012-12-31 | $1.19 | $1.71 | 144.1% |
| 2011-12-31 | $1.01 | $1.04 | 102.5% |
| 2010-12-31 | $0.42 | $1.50 | 357.1% |
| 2009-12-31 | $0.87 | $0.18 | 20.3% |
| 2008-12-31 | $0.69 | $1.37 | 198.9% |
| 2007-12-31 | $2.21 | $0.21 | 9.3% |
| 2006-12-31 | $0.83 | $0.16 | 19.3% |
| 2005-12-31 | $0.73 | $1.84 | 252.7% |
| 2004-12-31 | $0.60 | $0.94 | 156.1% |
