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 60.72% is in line with its 5-year average of 58.00%, around the middle of its 5-year range (23.90%–95.83%).
As of Thursday, July 30, 2026. 14.51% above its 12-month average of 53.03%.
Dividend Payout Ratio (60.72%) = TTM Dividends/Share ($5.24) / TTM EPS ($8.63)
DIVIDEND PAYOUT RATIO
60.72%
DIVIDEND PAYOUT RATIO AVG TTM
53.03%
DIVIDEND PAYOUT RATIO AVG 3Y
51.80%
DIVIDEND PAYOUT RATIO AVG 5Y
53.84%
DIVIDEND PAYOUT RATIO AVG 10Y
59.54%
DIVIDEND PAYOUT RATIO AVG 15Y
58.12%
DIVIDEND PAYOUT RATIO AVG 20Y
53.39%
CURRENT VS TTM AVG
+14.51%
CURRENT VS 3Y AVG
+17.21%
CURRENT VS 5Y AVG
+12.79%
CURRENT VS 10Y AVG
+1.98%
CURRENT VS 15Y AVG
+4.47%
CURRENT VS 20Y AVG
+13.74%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $11.03 | $5.14 | 46.6% |
| 2024 | $5.84 | $4.91 | 84.1% |
| 2023 | $6.83 | $4.70 | 68.8% |
| 2023 | $13.88 | $4.70 | 33.9% |
| 2022 | $7.93 | $4.45 | 56.1% |
| 2021 | $5.59 | $4.19 |
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 |
|---|---|
| 2026-07-29 | 60.72% |
| 2026-07-28 | 60.72% |
| 2026-07-27 | 60.72% |
| 2026-07-24 | 60.72% |
| 2026-07-23 | 60.71% |
| 2026-07-22 | 60.57% |
| 2026-07-21 | 60.57% |
| 2026-07-20 | 60.59% |
| 2026-07-17 | 60.57% |
| 2026-07-16 | 60.58% |
| 2026-07-15 | 60.58% |
| 2026-07-14 | 60.58% |
| 2026-07-13 | 60.58% |
| 2026-07-10 | 60.58% |
| 2026-07-09 | 60.57% |
| 2026-07-08 | 60.58% |
| 2026-07-07 | 60.57% |
| 2026-07-06 | 60.58% |
| 2026-07-02 | 60.58% |
| 2026-07-01 | 60.57% |
| 2026-06-30 | 60.58% |
| 2026-06-29 | 60.59% |
| 2026-06-26 | 60.58% |
| 2026-06-25 | 60.58% |
| 2026-06-24 | 60.58% |
| 2026-06-23 | 60.58% |
| 2026-06-22 | 60.58% |
| 2026-06-18 | 60.57% |
| 2026-06-17 | 60.59% |
| 2026-06-16 | 60.58% |
| 2026-06-15 | 60.57% |
| 2026-06-12 | 60.59% |
| 2026-06-11 | 60.57% |
| 2026-06-10 | 60.58% |
| 2026-06-09 | 60.58% |
| 2026-06-08 | 60.58% |
| 2026-06-05 | 60.58% |
| 2026-06-04 | 60.58% |
| 2026-06-03 | 60.58% |
| 2026-06-02 | 60.58% |
| 2026-06-01 | 60.58% |
| 2026-05-29 | 60.58% |
| 2026-05-28 | 60.57% |
| 2026-05-27 | 60.58% |
| 2026-05-26 | 75.61% |
| 2026-05-22 | 60.11% |
| 2026-05-21 | 60.12% |
| 2026-05-20 | 60.11% |
| 2026-05-19 | 60.12% |
| 2026-05-18 | 60.10% |
| 2026-05-15 | 60.12% |
| 2026-05-14 | 60.11% |
| 2026-05-13 | 60.12% |
| 2026-05-12 | 60.12% |
| 2026-05-11 | 60.12% |
| 2026-05-08 | 60.12% |
| 2026-05-07 | 60.11% |
| 2026-05-06 | 60.12% |
| 2026-05-05 | 60.12% |
| 2026-05-04 | 60.12% |
| 2026-05-01 | 60.10% |
| 2026-04-30 | 60.11% |
| 2026-04-29 | 60.11% |
| 2026-04-28 | 60.11% |
| 2026-04-27 | 60.11% |
| 2026-04-24 | 60.11% |
| 2026-04-23 | 60.10% |
| 2026-04-22 | 60.12% |
| 2026-04-21 | 47.07% |
| 2026-04-20 | 47.07% |
| 2026-04-17 | 47.05% |
| 2026-04-16 | 47.07% |
| 2026-04-15 | 47.06% |
| 2026-04-14 | 47.06% |
| 2026-04-13 | 47.05% |
| 2026-04-10 | 47.06% |
| 2026-04-09 | 47.06% |
| 2026-04-08 | 47.07% |
| 2026-04-07 | 47.07% |
| 2026-04-06 | 47.06% |
| 2026-04-02 | 47.05% |
| 2026-04-01 | 47.05% |
| 2026-03-31 | 47.06% |
| 2026-03-30 | 47.05% |
| 2026-03-27 | 47.06% |
| 2026-03-26 | 47.05% |
| 2026-03-25 | 47.05% |
| 2026-03-24 | 47.06% |
| 2026-03-23 | 47.05% |
| 2026-03-20 | 47.06% |
| 2026-03-19 | 47.05% |
| 2026-03-18 | 47.05% |
| 2026-03-17 | 47.06% |
| 2026-03-16 | 47.06% |
| 2026-03-13 | 47.07% |
| 2026-03-12 | 47.05% |
| 2026-03-11 | 47.06% |
| 2026-03-10 | 47.07% |
| 2026-03-09 | 47.05% |
| 2026-03-06 | 47.07% |
| 2026-03-05 | 47.07% |
| 2026-03-04 | 47.06% |
| 2026-03-03 | 47.06% |
| 2026-03-02 | 47.05% |
| 2026-02-27 | 47.05% |
| 2026-02-26 | 47.05% |
| 2026-02-25 | 47.06% |
| 2026-02-24 | 47.06% |
| 2026-02-23 | 35.30% |
| 2026-02-20 | 35.29% |
| 2026-02-19 | 35.29% |
| 2026-02-18 | 35.29% |
| 2026-02-17 | 46.51% |
| 2026-02-13 | 46.51% |
| 2026-02-12 | 46.51% |
| 2026-02-11 | 46.52% |
| 2026-02-10 | 49.62% |
| 2026-02-09 | 49.60% |
| 2026-02-06 | 49.62% |
| 2026-02-05 | 49.61% |
| 2026-02-04 | 49.61% |
| 2026-02-03 | 49.61% |
| 2026-02-02 | 49.61% |
| 2026-01-30 | 49.62% |
| 2026-01-29 | 49.62% |
| 2026-01-28 | 49.61% |
| 2026-01-27 | 49.60% |
| 2026-01-26 | 49.62% |
| 2026-01-23 | 49.62% |
| 2026-01-22 | 49.61% |
| 2026-01-21 | 49.61% |
| 2026-01-20 | 49.61% |
| 2026-01-16 | 49.62% |
| 2026-01-15 | 49.60% |
| 2026-01-14 | 49.62% |
| 2026-01-13 | 49.61% |
| 2026-01-12 | 49.61% |
| 2026-01-09 | 49.62% |
| 2026-01-08 | 49.61% |
| 2026-01-07 | 49.62% |
| 2026-01-06 | 49.62% |
| 2026-01-05 | 49.61% |
| 2026-01-02 | 49.60% |
| 2025-12-31 | 49.62% |
| 2025-12-30 | 49.61% |
| 2025-12-29 | 49.60% |
| 2025-12-26 | 49.61% |
| 2025-12-24 | 49.62% |
| 2025-12-23 | 49.61% |
| 2025-12-22 | 49.61% |
| 2025-12-19 | 49.61% |
| 2025-12-18 | 49.62% |
| 2025-12-17 | 49.61% |
| 2025-12-16 | 49.61% |
| 2025-12-15 | 49.61% |
| 2025-12-12 | 49.61% |
| 2025-12-11 | 49.61% |
| 2025-12-10 | 49.62% |
| 2025-12-09 | 49.61% |
| 2025-12-08 | 49.61% |
| 2025-12-05 | 49.61% |
| 2025-12-04 | 49.60% |
| 2025-12-03 | 49.62% |
| 2025-12-02 | 49.62% |
| 2025-12-01 | 49.61% |
| 2025-11-28 | 49.61% |
| 2025-11-26 | 49.60% |
| 2025-11-25 | 61.59% |
| 2025-11-24 | 49.04% |
| 2025-11-21 | 49.03% |
| 2025-11-20 | 49.03% |
| 2025-11-19 | 49.04% |
| 2025-11-18 | 49.05% |
| 2025-11-17 | 49.02% |
| 2025-11-14 | 49.03% |
| 2025-11-13 | 49.04% |
| 2025-11-12 | 49.03% |
| 2025-11-11 | 49.04% |
| 2025-11-10 | 49.04% |
| 2025-11-07 | 49.04% |
| 2025-11-06 | 49.04% |
| 2025-11-05 | 49.02% |
| 2025-11-04 | 49.04% |
| 2025-11-03 | 49.04% |
| 2025-10-31 | 49.03% |
| 2025-10-30 | 49.04% |
| 2025-10-29 | 49.03% |
| 2025-10-28 | 49.03% |
| 2025-10-27 | 49.04% |
| 2025-10-24 | 49.04% |
| 2025-10-23 | 49.04% |
| 2025-10-22 | 49.03% |
| 2025-10-21 | 54.33% |
| 2025-10-20 | 54.33% |
| 2025-10-17 | 54.34% |
| 2025-10-16 | 54.34% |
| 2025-10-15 | 54.34% |
| 2025-10-14 | 54.33% |
| 2025-10-13 | 54.34% |
| 2025-10-10 | 54.34% |
| 2025-10-09 | 54.34% |
| 2025-10-08 | 54.34% |
| 2025-10-07 | 54.33% |
| 2025-10-06 | 54.32% |
| 2025-10-03 | 54.34% |
| 2025-10-02 | 54.33% |
| 2025-10-01 | 54.34% |
| 2025-09-30 | 54.33% |
| 2025-09-29 | 54.32% |
| 2025-09-26 | 54.33% |
| 2025-09-25 | 54.34% |
| 2025-09-24 | 54.34% |
| 2025-09-23 | 54.34% |
| 2025-09-22 | 54.33% |
| 2025-09-19 | 54.32% |
| 2025-09-18 | 54.34% |
| 2025-09-17 | 54.33% |
| 2025-09-16 | 54.32% |
| 2025-09-15 | 54.32% |
| 2025-09-12 | 54.32% |
| 2025-09-11 | 54.33% |
| 2025-09-10 | 54.33% |
| 2025-09-09 | 54.34% |
| 2025-09-08 | 54.33% |
| 2025-09-05 | 54.32% |
| 2025-09-04 | 54.34% |
| 2025-09-03 | 54.34% |
| 2025-09-02 | 54.32% |
| 2025-08-29 | 54.34% |
| 2025-08-28 | 54.32% |
| 2025-08-27 | 54.34% |
| 2025-08-26 | 67.61% |
| 2025-08-25 | 53.69% |
| 2025-08-22 | 53.70% |
| 2025-08-21 | 53.70% |
| 2025-08-20 | 53.70% |
| 2025-08-19 | 53.70% |
| 2025-08-18 | 53.69% |
| 2025-08-15 | 53.68% |
| 2025-08-14 | 53.70% |
| 2025-08-13 | 53.68% |
| 2025-08-12 | 53.69% |
| 2025-08-11 | 53.69% |
| 2025-08-08 | 53.70% |
| 2025-08-07 | 53.70% |
| 2025-08-06 | 53.68% |
| 2025-08-05 | 53.69% |
| 2025-08-04 | 53.68% |
| 2025-08-01 | 53.70% |
| 2025-07-31 | 53.69% |
| 2025-07-30 | 53.69% |
| 2025-07-29 | 53.69% |
| 2025-07-28 | 53.70% |
| 2025-07-25 | 53.69% |
| 2025-07-24 | 53.68% |
| 2025-07-23 | 55.84% |
| 2025-07-22 | 55.84% |
| 2025-07-21 | 55.83% |
| 2025-07-18 | 55.84% |
| 2025-07-17 | 55.84% |
Showing the most recent 260 of 2,653 data points. The chart above shows the full history.
| 75.0% |
| 2019 | $5.74 | $3.75 | 65.3% |
| 2018 | $5.75 | $3.54 | 61.6% |
| 2017 | $0.48 | $3.32 | 691.7% |
| 2016 | $6.08 | $3.15 | 51.8% |
| 2015 | $5.57 | $2.95 | 53.0% |
| 2014 | $5.86 | $2.76 | 47.1% |
| 2013 | $4.90 | $2.59 | 52.9% |
| 2012 | $3.91 | $2.40 | 61.4% |
| 2011 | $3.54 | $2.25 | 63.6% |
| 2010 | $4.86 | $2.11 | 43.4% |
| 2009 | $4.45 | $1.93 | 43.4% |
| 2008 | $4.67 | $1.79 | 38.4% |
| 2007 | $3.67 | $1.62 | 44.1% |
| 2006 | $3.76 | $1.46 | 38.7% |
| 2005 | $3.38 | $1.28 | 37.7% |
| 2004 | $2.75 | $1.09 | 39.8% |
| 2003 | $2.42 | $0.92 | 38.2% |
| 2002 | $2.20 | $0.79 | 36.1% |
| 2001 | $1.87 | $0.70 | 37.4% |
| 2000 | $1.65 | $0.62 | 37.6% |
| 1999 | $1.43 | $0.55 | 38.1% |
| 1998 | $1.08 | $0.48 | 44.9% |
| 1997 | $1.24 | $0.42 | 34.3% |
| 1996 | $1.09 | $0.37 | 33.7% |
