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 64.04% is in line with its 5-year average of 59.44%, around the middle of its 5-year range (28.40%–126.55%).
As of Tuesday, July 28, 2026. 11.61% below its 12-month average of 72.45%.
Dividend Payout Ratio (64.04%) = TTM Dividends/Share ($0.82) / TTM EPS ($1.28)
DIVIDEND PAYOUT RATIO
64.04%
DIVIDEND PAYOUT RATIO AVG TTM
72.45%
DIVIDEND PAYOUT RATIO AVG 3Y
77.58%
DIVIDEND PAYOUT RATIO AVG 5Y
59.44%
DIVIDEND PAYOUT RATIO AVG 10Y
42.96%
DIVIDEND PAYOUT RATIO AVG 15Y
35.04%
DIVIDEND PAYOUT RATIO AVG 20Y
36.88%
CURRENT VS TTM AVG
-11.61%
CURRENT VS 3Y AVG
-17.45%
CURRENT VS 5Y AVG
+7.75%
CURRENT VS 10Y AVG
+49.06%
CURRENT VS 15Y AVG
+82.79%
CURRENT VS 20Y AVG
+73.63%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $1.53 | $0.82 | 53.6% |
| 2024 | ($0.32) | $0.82 | N/A (Loss) |
| 2023 | $0.89 | $0.82 | 92.1% |
| 2022 | $1.94 | $0.79 | 40.7% |
| 2021 | $2.66 | $0.75 | 28.2% |
| 2020 | $1.28 | $0.74 |
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 |
|---|---|
| 2026-07-27 | 64.04% |
| 2026-07-24 | 64.04% |
| 2026-07-23 | 64.03% |
| 2026-07-22 | 64.05% |
| 2026-07-21 | 64.03% |
| 2026-07-20 | 50.32% |
| 2026-07-17 | 50.31% |
| 2026-07-16 | 50.31% |
| 2026-07-15 | 50.32% |
| 2026-07-14 | 50.29% |
| 2026-07-13 | 50.32% |
| 2026-07-10 | 50.29% |
| 2026-07-09 | 50.30% |
| 2026-07-08 | 50.31% |
| 2026-07-07 | 50.32% |
| 2026-07-06 | 50.29% |
| 2026-07-02 | 50.30% |
| 2026-07-01 | 50.29% |
| 2026-06-30 | 50.30% |
| 2026-06-29 | 50.30% |
| 2026-06-26 | 50.31% |
| 2026-06-25 | 50.30% |
| 2026-06-24 | 50.29% |
| 2026-06-23 | 50.30% |
| 2026-06-22 | 50.32% |
| 2026-06-18 | 50.31% |
| 2026-06-17 | 50.32% |
| 2026-06-16 | 50.32% |
| 2026-06-15 | 50.29% |
| 2026-06-12 | 50.32% |
| 2026-06-11 | 50.31% |
| 2026-06-10 | 50.29% |
| 2026-06-09 | 50.31% |
| 2026-06-08 | 50.31% |
| 2026-06-05 | 50.31% |
| 2026-06-04 | 50.29% |
| 2026-06-03 | 50.31% |
| 2026-06-02 | 50.29% |
| 2026-06-01 | 37.72% |
| 2026-05-29 | 37.74% |
| 2026-05-28 | 37.72% |
| 2026-05-27 | 37.73% |
| 2026-05-26 | 50.32% |
| 2026-05-22 | 50.32% |
| 2026-05-21 | 50.29% |
| 2026-05-20 | 50.29% |
| 2026-05-19 | 50.29% |
| 2026-05-18 | 50.32% |
| 2026-05-15 | 50.31% |
| 2026-05-14 | 50.30% |
| 2026-05-13 | 50.31% |
| 2026-05-12 | 50.33% |
| 2026-05-11 | 50.29% |
| 2026-05-08 | 50.30% |
| 2026-05-07 | 50.32% |
| 2026-05-06 | 50.31% |
| 2026-05-05 | 50.32% |
| 2026-05-04 | 53.95% |
| 2026-05-01 | 53.95% |
| 2026-04-30 | 53.96% |
| 2026-04-29 | 53.96% |
| 2026-04-28 | 53.96% |
| 2026-04-27 | 53.93% |
| 2026-04-24 | 53.95% |
| 2026-04-23 | 53.95% |
| 2026-04-22 | 53.95% |
| 2026-04-21 | 53.95% |
| 2026-04-20 | 53.95% |
| 2026-04-17 | 53.94% |
| 2026-04-16 | 53.96% |
| 2026-04-15 | 53.94% |
| 2026-04-14 | 53.95% |
| 2026-04-13 | 53.95% |
| 2026-04-10 | 53.95% |
| 2026-04-09 | 53.93% |
| 2026-04-08 | 53.96% |
| 2026-04-07 | 53.96% |
| 2026-04-06 | 53.94% |
| 2026-04-02 | 53.96% |
| 2026-04-01 | 53.94% |
| 2026-03-31 | 53.94% |
| 2026-03-30 | 53.93% |
| 2026-03-27 | 53.96% |
| 2026-03-26 | 53.95% |
| 2026-03-25 | 53.96% |
| 2026-03-24 | 53.95% |
| 2026-03-23 | 53.96% |
| 2026-03-20 | 53.95% |
| 2026-03-19 | 53.93% |
| 2026-03-18 | 53.96% |
| 2026-03-17 | 53.97% |
| 2026-03-16 | 53.93% |
| 2026-03-13 | 53.93% |
| 2026-03-12 | 53.93% |
| 2026-03-11 | 53.96% |
| 2026-03-10 | 53.95% |
| 2026-03-09 | 53.93% |
| 2026-03-06 | 53.96% |
| 2026-03-05 | 53.94% |
| 2026-03-04 | 53.97% |
| 2026-03-03 | 67.45% |
| 2026-03-02 | 53.96% |
| 2026-02-27 | 53.93% |
| 2026-02-26 | 53.94% |
| 2026-02-25 | 53.97% |
| 2026-02-24 | 53.96% |
| 2026-02-23 | 53.94% |
| 2026-02-20 | 101.24% |
| 2026-02-19 | 101.23% |
| 2026-02-18 | 101.25% |
| 2026-02-17 | 101.24% |
| 2026-02-13 | 101.23% |
| 2026-02-12 | 101.22% |
| 2026-02-11 | 101.24% |
| 2026-02-10 | 101.23% |
| 2026-02-09 | 101.24% |
| 2026-02-06 | 101.22% |
| 2026-02-05 | 101.22% |
| 2026-02-04 | 101.22% |
| 2026-02-03 | 101.23% |
| 2026-02-02 | 101.23% |
| 2026-01-30 | 101.24% |
| 2026-01-29 | 101.22% |
| 2026-01-28 | 101.24% |
| 2026-01-27 | 101.22% |
| 2026-01-26 | 101.22% |
| 2026-01-23 | 101.24% |
| 2026-01-22 | 101.24% |
| 2026-01-21 | 101.24% |
| 2026-01-20 | 101.25% |
| 2026-01-16 | 101.25% |
| 2026-01-15 | 101.24% |
| 2026-01-14 | 101.22% |
| 2026-01-13 | 101.23% |
| 2026-01-12 | 101.23% |
| 2026-01-09 | 101.23% |
| 2026-01-08 | 101.22% |
| 2026-01-07 | 101.25% |
| 2026-01-06 | 101.24% |
| 2026-01-05 | 101.22% |
| 2026-01-02 | 101.23% |
| 2025-12-31 | 101.23% |
| 2025-12-30 | 101.22% |
| 2025-12-29 | 101.24% |
| 2025-12-26 | 101.23% |
| 2025-12-24 | 101.24% |
| 2025-12-23 | 101.24% |
| 2025-12-22 | 101.25% |
| 2025-12-19 | 101.23% |
| 2025-12-18 | 101.23% |
| 2025-12-17 | 101.24% |
| 2025-12-16 | 101.24% |
| 2025-12-15 | 101.24% |
| 2025-12-12 | 101.25% |
| 2025-12-11 | 101.22% |
| 2025-12-10 | 101.22% |
| 2025-12-09 | 101.25% |
| 2025-12-08 | 101.24% |
| 2025-12-05 | 101.24% |
| 2025-12-04 | 101.22% |
| 2025-12-03 | 101.24% |
| 2025-12-02 | 126.55% |
| 2025-12-01 | 101.24% |
| 2025-11-28 | 101.23% |
| 2025-11-26 | 101.25% |
| 2025-11-25 | 101.24% |
| 2025-11-24 | 101.25% |
| 2025-11-21 | 101.23% |
| 2025-11-20 | 101.22% |
| 2025-11-19 | 101.24% |
| 2025-11-18 | 101.22% |
| 2025-11-17 | 101.25% |
| 2025-11-14 | 101.22% |
| 2025-11-13 | 101.22% |
| 2025-11-12 | 101.26% |
| 2025-11-11 | 101.23% |
| 2025-11-10 | 101.23% |
| 2025-11-07 | 101.23% |
| 2025-11-06 | 101.25% |
| 2025-11-05 | 101.24% |
| 2025-11-04 | 101.23% |
| 2024-11-05 | 106.18% |
| 2024-11-01 | 106.18% |
| 2024-10-30 | 106.19% |
| 2024-10-28 | 106.20% |
| 2024-10-24 | 106.22% |
| 2024-10-22 | 106.21% |
| 2024-10-18 | 106.20% |
| 2024-10-16 | 106.18% |
| 2024-10-14 | 106.22% |
| 2024-10-10 | 106.20% |
| 2024-10-08 | 106.21% |
| 2024-10-04 | 106.19% |
| 2024-10-02 | 106.18% |
| 2024-09-30 | 106.18% |
| 2024-09-26 | 106.23% |
| 2024-09-24 | 106.23% |
| 2024-09-20 | 106.19% |
| 2024-09-18 | 106.22% |
| 2024-09-16 | 106.19% |
| 2024-09-12 | 106.19% |
| 2024-09-10 | 106.22% |
| 2024-09-06 | 106.18% |
| 2024-09-04 | 106.21% |
| 2024-08-30 | 106.23% |
| 2024-08-28 | 106.20% |
| 2024-08-26 | 106.19% |
| 2024-08-22 | 106.22% |
| 2024-08-20 | 106.22% |
| 2024-08-16 | 106.21% |
| 2024-08-14 | 106.22% |
| 2024-08-12 | 106.18% |
| 2024-08-08 | 106.19% |
| 2024-08-06 | 106.21% |
| 2024-08-02 | 106.23% |
| 2024-07-31 | 106.20% |
| 2024-07-29 | 106.18% |
| 2024-07-25 | 103.50% |
| 2024-07-23 | 103.51% |
| 2024-07-19 | 103.51% |
| 2024-07-17 | 103.50% |
| 2024-07-15 | 103.53% |
| 2024-07-11 | 103.52% |
| 2024-07-09 | 103.52% |
| 2024-07-05 | 103.51% |
| 2024-07-02 | 103.54% |
| 2024-06-28 | 103.52% |
| 2024-06-26 | 103.52% |
| 2024-06-24 | 103.50% |
| 2024-06-20 | 103.52% |
| 2024-06-17 | 103.53% |
| 2024-06-13 | 103.52% |
| 2024-06-11 | 103.51% |
| 2024-06-07 | 103.54% |
| 2024-06-05 | 103.54% |
| 2024-06-03 | 103.55% |
| 2024-05-30 | 103.51% |
| 2024-05-28 | 103.50% |
| 2024-05-23 | 103.55% |
| 2024-05-21 | 103.52% |
| 2024-05-17 | 103.51% |
| 2024-05-15 | 103.54% |
| 2024-05-13 | 103.55% |
| 2024-05-09 | 103.53% |
| 2024-05-07 | 103.53% |
| 2024-05-03 | 103.53% |
| 2024-05-01 | 91.92% |
| 2024-04-29 | 91.91% |
| 2024-04-25 | 91.93% |
| 2024-04-23 | 91.92% |
| 2024-04-19 | 91.92% |
| 2024-04-17 | 91.94% |
| 2024-04-15 | 91.94% |
| 2024-04-11 | 91.92% |
| 2024-04-09 | 91.93% |
| 2024-04-05 | 91.91% |
| 2024-04-03 | 91.90% |
| 2024-04-01 | 91.90% |
| 2024-03-27 | 91.91% |
| 2024-03-25 | 91.93% |
Showing the most recent 260 of 2,161 data points. The chart above shows the full history.
| 57.8% |
| 2019 | $1.63 | $0.71 | 43.6% |
| 2018 | $1.73 | $0.57 | 32.7% |
| 2017 | $1.14 | $0.38 | 33.3% |
| 2016 | $0.81 | $0.33 | 40.7% |
| 2015 | $1.07 | $0.29 | 27.1% |
| 2014 | $1.01 | $0.25 | 24.8% |
| 2013 | $0.98 | $0.21 | 21.9% |
| 2012 | $0.89 | $0.18 | 20.2% |
| 2011 | $0.87 | $0.10 | 11.5% |
| 2010 | $0.45 | $0.04 | 8.9% |
| 2009 | ($2.34) | $0.09 | N/A (Loss) |
| 2008 | ($3.36) | $1.00 | N/A (Loss) |
| 2007 | $2.35 | $1.46 | 62.1% |
| 2006 | $2.61 | $1.38 | 52.9% |
| 2005 | $2.76 | $1.30 | 47.1% |
| 2004 | $2.32 | $1.24 | 53.4% |
| 2003 | $2.14 | $1.22 | 57.0% |
| 2002 | $2.29 | $1.20 | 52.4% |
| 2001 | $0.31 | $1.18 | 380.6% |
| 2000 | $2.32 | $1.12 | 48.3% |
| 1999 | $2.47 | $1.04 | 42.1% |
| 1998 | $2.25 | $0.94 | 41.8% |
| 1997 | $2.09 | $0.84 | 40.2% |
| 1996 | $1.69 | $0.95 | 56.2% |