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 81.04% is 54% above its 5-year average of 52.48%, near the high end of its 5-year range (21.12%–101.02%).
As of Sunday, July 26, 2026. 9.85% above its 12-month average of 73.77%.
Dividend Payout Ratio (81.04%) = TTM Dividends/Share ($1.58) / TTM EPS ($1.95)
DIVIDEND PAYOUT RATIO
81.04%
DIVIDEND PAYOUT RATIO AVG TTM
73.77%
DIVIDEND PAYOUT RATIO AVG 3Y
63.38%
DIVIDEND PAYOUT RATIO AVG 5Y
52.48%
DIVIDEND PAYOUT RATIO AVG 10Y
42.05%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+9.85%
CURRENT VS 3Y AVG
+27.86%
CURRENT VS 5Y AVG
+54.42%
CURRENT VS 10Y AVG
+92.69%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $1.96 | $1.56 | 79.6% |
| 2024 | $2.62 | $1.52 | 58.0% |
| 2023 | $3.13 | $1.44 | 46.0% |
| 2022 | $3.76 | $1.20 | 31.9% |
| 2021 | $3.65 | $0.98 | 26.8% |
| 2020 | $2.67 | $0.80 |
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 | 81.04% |
| 2026-07-23 | 81.02% |
| 2026-07-22 | 81.04% |
| 2026-07-21 | 81.02% |
| 2026-07-20 | 81.03% |
| 2026-07-17 | 81.02% |
| 2026-07-16 | 81.03% |
| 2026-07-15 | 81.04% |
| 2026-07-14 | 81.03% |
| 2026-07-13 | 81.02% |
| 2026-07-10 | 81.04% |
| 2026-07-09 | 81.02% |
| 2026-07-08 | 81.03% |
| 2026-07-07 | 81.03% |
| 2026-07-06 | 81.03% |
| 2026-07-02 | 81.03% |
| 2026-07-01 | 81.03% |
| 2026-06-30 | 81.02% |
| 2026-06-29 | 81.03% |
| 2026-06-26 | 81.03% |
| 2026-06-25 | 81.03% |
| 2026-06-24 | 81.04% |
| 2026-06-23 | 81.03% |
| 2026-06-22 | 81.01% |
| 2026-06-18 | 81.04% |
| 2026-06-17 | 81.03% |
| 2026-06-16 | 81.03% |
| 2026-06-15 | 81.04% |
| 2026-06-12 | 101.02% |
| 2026-06-11 | 80.51% |
| 2026-06-10 | 80.51% |
| 2026-06-09 | 80.52% |
| 2026-06-08 | 80.52% |
| 2026-06-05 | 80.50% |
| 2026-06-04 | 80.53% |
| 2026-06-03 | 80.53% |
| 2026-06-02 | 80.52% |
| 2026-06-01 | 80.52% |
| 2026-05-29 | 80.52% |
| 2026-05-28 | 80.50% |
| 2026-05-27 | 80.53% |
| 2026-05-26 | 80.52% |
| 2026-05-22 | 80.52% |
| 2026-05-21 | 80.52% |
| 2026-05-20 | 80.51% |
| 2026-05-19 | 80.50% |
| 2026-05-18 | 80.53% |
| 2026-05-15 | 80.51% |
| 2026-05-14 | 80.53% |
| 2026-05-13 | 80.51% |
| 2026-05-12 | 80.50% |
| 2026-05-11 | 80.49% |
| 2026-05-08 | 80.52% |
| 2026-05-07 | 80.50% |
| 2026-05-06 | 80.50% |
| 2026-05-05 | 80.52% |
| 2026-05-04 | 80.52% |
| 2026-05-01 | 80.51% |
| 2026-04-30 | 80.50% |
| 2026-04-29 | 80.52% |
| 2026-04-28 | 80.91% |
| 2026-04-27 | 80.93% |
| 2026-04-24 | 80.95% |
| 2026-04-23 | 80.95% |
| 2026-04-22 | 80.93% |
| 2026-04-21 | 80.94% |
| 2026-04-20 | 80.94% |
| 2026-04-17 | 80.91% |
| 2026-04-16 | 80.91% |
| 2026-04-15 | 80.95% |
| 2026-04-14 | 80.92% |
| 2026-04-13 | 80.91% |
| 2026-04-10 | 80.92% |
| 2026-04-09 | 80.90% |
| 2026-04-08 | 80.93% |
| 2026-04-07 | 80.91% |
| 2026-04-06 | 80.91% |
| 2026-04-02 | 80.91% |
| 2026-04-01 | 80.93% |
| 2026-03-31 | 80.92% |
| 2026-03-30 | 80.95% |
| 2026-03-27 | 80.94% |
| 2026-03-26 | 80.91% |
| 2026-03-25 | 80.92% |
| 2026-03-24 | 80.93% |
| 2026-03-23 | 80.95% |
| 2026-03-20 | 80.94% |
| 2026-03-19 | 80.95% |
| 2026-03-18 | 80.90% |
| 2026-03-17 | 80.93% |
| 2026-03-16 | 80.94% |
| 2026-03-13 | 80.91% |
| 2026-03-12 | 80.94% |
| 2026-03-11 | 80.93% |
| 2026-03-10 | 80.94% |
| 2026-03-09 | 80.92% |
| 2026-03-06 | 101.01% |
| 2026-03-05 | 80.44% |
| 2026-03-04 | 80.39% |
| 2026-03-03 | 80.41% |
| 2026-03-02 | 80.42% |
| 2026-02-27 | 80.42% |
| 2026-02-26 | 80.42% |
| 2026-02-25 | 80.42% |
| 2026-02-24 | 80.41% |
| 2026-02-23 | 80.43% |
| 2026-02-20 | 80.41% |
| 2026-02-19 | 70.25% |
| 2026-02-18 | 70.24% |
| 2026-02-17 | 70.27% |
| 2026-02-13 | 70.27% |
| 2026-02-12 | 70.25% |
| 2026-02-11 | 70.28% |
| 2026-02-10 | 70.28% |
| 2026-02-09 | 70.26% |
| 2026-02-06 | 70.26% |
| 2026-02-05 | 70.28% |
| 2026-02-04 | 70.25% |
| 2026-02-03 | 70.26% |
| 2026-02-02 | 70.26% |
| 2026-01-30 | 70.25% |
| 2026-01-29 | 70.25% |
| 2026-01-28 | 70.26% |
| 2026-01-27 | 70.25% |
| 2026-01-26 | 70.26% |
| 2026-01-23 | 70.27% |
| 2026-01-22 | 70.29% |
| 2026-01-21 | 70.26% |
| 2026-01-20 | 70.27% |
| 2026-01-16 | 70.28% |
| 2026-01-15 | 70.27% |
| 2026-01-14 | 70.28% |
| 2026-01-13 | 70.25% |
| 2026-01-12 | 70.26% |
| 2026-01-09 | 70.26% |
| 2026-01-08 | 70.27% |
| 2026-01-07 | 70.26% |
| 2026-01-06 | 70.27% |
| 2026-01-05 | 70.28% |
| 2026-01-02 | 70.26% |
| 2025-12-31 | 70.28% |
| 2025-12-30 | 70.27% |
| 2025-12-29 | 70.27% |
| 2025-12-26 | 70.28% |
| 2025-12-24 | 70.28% |
| 2025-12-23 | 70.29% |
| 2025-12-22 | 70.28% |
| 2025-12-19 | 70.27% |
| 2025-12-18 | 70.28% |
| 2025-12-17 | 70.25% |
| 2025-12-16 | 70.25% |
| 2025-12-15 | 70.27% |
| 2025-12-12 | 70.25% |
| 2025-12-11 | 70.28% |
| 2025-12-10 | 70.29% |
| 2025-12-09 | 70.25% |
| 2025-12-08 | 70.28% |
| 2025-12-05 | 87.38% |
| 2025-12-04 | 69.81% |
| 2025-12-03 | 69.82% |
| 2025-12-02 | 69.80% |
| 2025-12-01 | 69.82% |
| 2025-11-28 | 69.80% |
| 2025-11-26 | 69.83% |
| 2025-11-25 | 69.80% |
| 2025-11-24 | 69.79% |
| 2025-11-21 | 69.81% |
| 2025-11-20 | 69.80% |
| 2025-11-19 | 69.79% |
| 2025-11-18 | 69.81% |
| 2025-11-17 | 69.84% |
| 2025-11-14 | 69.80% |
| 2025-11-13 | 69.84% |
| 2025-11-12 | 69.80% |
| 2025-11-11 | 69.80% |
| 2025-11-10 | 69.83% |
| 2025-11-07 | 69.81% |
| 2025-11-06 | 69.80% |
| 2025-11-05 | 69.82% |
| 2025-11-04 | 66.51% |
| 2025-11-03 | 66.51% |
| 2025-10-31 | 66.53% |
| 2025-10-30 | 66.51% |
| 2025-10-29 | 66.50% |
| 2025-10-28 | 66.54% |
| 2025-10-27 | 66.51% |
| 2025-10-24 | 66.52% |
| 2025-10-23 | 66.53% |
| 2025-10-22 | 66.52% |
| 2025-10-21 | 66.54% |
| 2025-10-20 | 66.51% |
| 2025-10-17 | 66.52% |
| 2025-10-16 | 66.50% |
| 2025-10-15 | 66.54% |
| 2025-10-14 | 66.54% |
| 2025-10-13 | 66.51% |
| 2025-10-10 | 66.52% |
| 2025-10-09 | 66.51% |
| 2025-10-08 | 66.54% |
| 2025-10-07 | 66.52% |
| 2025-10-06 | 66.52% |
| 2025-10-03 | 66.50% |
| 2025-10-02 | 66.53% |
| 2025-10-01 | 66.51% |
| 2025-09-30 | 66.54% |
| 2025-09-29 | 66.52% |
| 2025-09-26 | 66.51% |
| 2025-09-25 | 66.51% |
| 2025-09-24 | 66.52% |
| 2025-09-23 | 66.52% |
| 2025-09-22 | 66.54% |
| 2025-09-19 | 66.55% |
| 2025-09-18 | 66.50% |
| 2025-09-17 | 66.54% |
| 2025-09-16 | 66.52% |
| 2025-09-15 | 66.50% |
| 2025-09-12 | 82.81% |
| 2025-09-11 | 66.10% |
| 2025-09-10 | 66.11% |
| 2025-09-09 | 66.09% |
| 2025-09-08 | 66.11% |
| 2025-09-05 | 66.10% |
| 2025-09-04 | 66.10% |
| 2025-09-03 | 66.09% |
| 2025-09-02 | 66.11% |
| 2025-08-29 | 66.09% |
| 2025-08-28 | 66.11% |
| 2025-08-27 | 66.11% |
| 2025-08-26 | 66.08% |
| 2025-08-25 | 66.11% |
| 2025-08-22 | 66.09% |
| 2025-08-21 | 66.08% |
| 2025-08-20 | 66.12% |
| 2025-08-19 | 66.08% |
| 2025-08-18 | 66.08% |
| 2025-08-15 | 66.09% |
| 2025-08-14 | 66.09% |
| 2025-08-13 | 66.11% |
| 2025-08-12 | 66.08% |
| 2025-08-11 | 66.11% |
| 2025-08-08 | 66.11% |
| 2025-08-07 | 66.12% |
| 2025-08-06 | 66.10% |
| 2025-08-05 | 66.08% |
| 2025-08-04 | 66.09% |
| 2025-08-01 | 66.12% |
| 2025-07-31 | 66.11% |
| 2025-07-30 | 66.11% |
| 2025-07-29 | 61.62% |
| 2025-07-28 | 61.59% |
| 2025-07-25 | 61.60% |
| 2025-07-24 | 61.59% |
| 2025-07-23 | 61.61% |
| 2025-07-22 | 61.59% |
| 2025-07-21 | 61.61% |
| 2025-07-18 | 61.59% |
| 2025-07-17 | 61.61% |
| 2025-07-16 | 61.61% |
| 2025-07-15 | 61.61% |
| 2025-07-14 | 61.60% |
Showing the most recent 260 of 1,723 data points. The chart above shows the full history.
| 30.0% |
| 2019 | $2.35 | $0.72 | 30.6% |
| 2018 | $2.34 | $0.60 | 25.6% |
| 2017 | $1.26 | $0.48 | 38.1% |
| 2016 | $1.22 | $0.48 | 39.3% |
| 2015 | $1.53 | $0.45 | 29.4% |
| 2014 | $2.89 | $0.41 | 14.2% |
| 2013 | $0.32 | $0.10 | 31.3% |
| 2012 | ($0.38) | $0.00 | N/A (Loss) |
| 2011 | $0.72 | $0.00 | 0.0% |
| 2010 | $0.49 | $0.00 | 0.0% |
| 2009 | $0.33 | $0.00 | 0.0% |
| 2008 | ($2.13) | $0.00 | N/A (Loss) |
| 2007 | $0.98 | $0.00 | 0.0% |
| 2006 | $0.81 | $0.00 | 0.0% |
| 2005 | $0.58 | $0.00 | 0.0% |
| 2004 | $0.73 | $0.00 | 0.0% |
| 2003 | $0.17 | $0.00 | 0.0% |
| 2002 | ($1.49) | $0.00 | N/A (Loss) |
| 2001 | ($0.38) | $0.00 | N/A (Loss) |
| 2000 | ($0.01) | $0.00 | N/A (Loss) |
| 1999 | ($0.53) | $0.00 | N/A (Loss) |
| 1998 | $0.33 | $0.00 | 0.0% |
| 1997 | $0.55 | $0.00 | 0.0% |
| 1996 | $0.35 | $0.00 | 0.0% |
