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 73.79% is 21% above its 5-year average of 60.88%, around the middle of its 5-year range (39.92%–104.80%).
As of Friday, August 7, 2026. 13.42% below its 12-month average of 85.23%.
Dividend Payout Ratio (73.79%) = TTM Dividends/Share ($2.00) / TTM EPS ($2.71)
DIVIDEND PAYOUT RATIO
73.79%
DIVIDEND PAYOUT RATIO AVG TTM
85.23%
DIVIDEND PAYOUT RATIO AVG 3Y
66.16%
DIVIDEND PAYOUT RATIO AVG 5Y
60.88%
DIVIDEND PAYOUT RATIO AVG 10Y
56.80%
DIVIDEND PAYOUT RATIO AVG 15Y
49.88%
DIVIDEND PAYOUT RATIO AVG 20Y
51.76%
CURRENT VS TTM AVG
-13.42%
CURRENT VS 3Y AVG
+11.54%
CURRENT VS 5Y AVG
+21.20%
CURRENT VS 10Y AVG
+29.91%
CURRENT VS 15Y AVG
+47.95%
CURRENT VS 20Y AVG
+42.56%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $1.89 | $1.94 | 102.6% |
| 2024 | $3.44 | $1.79 | 52.0% |
| 2023 | $3.64 | $1.62 | 44.5% |
| 2022 | $1.97 | $1.47 | 74.6% |
| 2021 | $3.06 | $1.33 | 43.5% |
| 2020 | $2.48 | $1.20 |
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 |
|---|---|
| 2026-08-07 | 73.79% |
| 2026-08-06 | 73.78% |
| 2026-08-05 | 73.80% |
| 2026-08-04 | 73.81% |
| 2026-08-03 | 73.81% |
| 2026-07-31 | 73.79% |
| 2026-07-30 | 73.81% |
| 2026-07-29 | 73.80% |
| 2026-07-28 | 73.82% |
| 2026-07-27 | 100.02% |
| 2026-07-24 | 100.00% |
| 2026-07-23 | 100.02% |
| 2026-07-22 | 100.00% |
| 2026-07-21 | 100.00% |
| 2026-07-20 | 100.02% |
| 2026-07-17 | 100.00% |
| 2026-07-16 | 100.00% |
| 2026-07-15 | 100.00% |
| 2026-07-14 | 100.00% |
| 2026-07-13 | 100.00% |
| 2026-07-10 | 100.02% |
| 2026-07-09 | 100.00% |
| 2026-07-08 | 100.00% |
| 2026-07-07 | 100.00% |
| 2026-07-06 | 100.02% |
| 2026-07-02 | 100.02% |
| 2026-07-01 | 100.02% |
| 2026-06-30 | 100.00% |
| 2026-06-29 | 98.52% |
| 2026-06-26 | 98.52% |
| 2026-06-25 | 98.50% |
| 2026-06-24 | 98.50% |
| 2026-06-23 | 98.50% |
| 2026-06-22 | 98.52% |
| 2026-06-18 | 98.50% |
| 2026-06-17 | 98.50% |
| 2026-06-16 | 98.52% |
| 2026-06-15 | 98.50% |
| 2026-06-12 | 98.52% |
| 2026-06-11 | 98.50% |
| 2026-06-10 | 98.50% |
| 2026-06-09 | 98.52% |
| 2026-06-08 | 98.50% |
| 2026-06-05 | 98.50% |
| 2026-06-04 | 98.52% |
| 2026-06-03 | 98.52% |
| 2026-06-02 | 98.52% |
| 2026-06-01 | 98.52% |
| 2026-05-29 | 98.52% |
| 2026-05-28 | 98.52% |
| 2026-05-27 | 98.52% |
| 2026-05-26 | 98.50% |
| 2026-05-22 | 98.50% |
| 2026-05-21 | 98.50% |
| 2026-05-20 | 98.50% |
| 2026-05-19 | 98.52% |
| 2026-05-18 | 98.50% |
| 2026-05-15 | 98.50% |
| 2026-05-14 | 98.52% |
| 2026-05-13 | 98.50% |
| 2026-05-12 | 98.50% |
| 2026-05-11 | 98.52% |
| 2026-05-08 | 98.52% |
| 2026-05-07 | 98.52% |
| 2026-05-06 | 98.52% |
| 2026-05-05 | 98.50% |
| 2026-05-04 | 98.50% |
| 2026-05-01 | 98.52% |
| 2026-04-30 | 98.50% |
| 2026-04-29 | 98.50% |
| 2026-04-28 | 98.50% |
| 2026-04-27 | 104.78% |
| 2026-04-24 | 104.77% |
| 2026-04-23 | 104.80% |
| 2026-04-22 | 104.79% |
| 2026-04-21 | 104.80% |
| 2026-04-20 | 104.77% |
| 2026-04-17 | 104.78% |
| 2026-04-16 | 104.80% |
| 2026-04-15 | 104.80% |
| 2026-04-14 | 104.80% |
| 2026-04-13 | 104.78% |
| 2026-04-10 | 104.78% |
| 2026-04-09 | 104.78% |
| 2026-04-08 | 104.78% |
| 2026-04-07 | 104.79% |
| 2026-04-06 | 104.78% |
| 2026-04-02 | 104.80% |
| 2026-04-01 | 104.80% |
| 2026-03-31 | 104.79% |
| 2026-03-30 | 103.18% |
| 2026-03-27 | 103.18% |
| 2026-03-26 | 103.20% |
| 2026-03-25 | 103.20% |
| 2026-03-24 | 103.17% |
| 2026-03-23 | 103.18% |
| 2026-03-20 | 103.20% |
| 2026-03-19 | 103.20% |
| 2026-03-18 | 103.20% |
| 2026-03-17 | 103.19% |
| 2026-03-16 | 103.18% |
| 2026-03-13 | 103.20% |
| 2026-03-12 | 103.19% |
| 2026-03-11 | 103.20% |
| 2026-03-10 | 103.21% |
| 2026-03-09 | 103.19% |
| 2026-03-06 | 103.18% |
| 2026-03-05 | 103.20% |
| 2026-03-04 | 103.20% |
| 2026-03-03 | 103.19% |
| 2026-03-02 | 103.19% |
| 2026-02-27 | 103.21% |
| 2026-02-26 | 103.18% |
| 2026-02-25 | 103.20% |
| 2026-02-24 | 103.20% |
| 2026-02-23 | 103.20% |
| 2026-02-20 | 103.20% |
| 2026-02-19 | 103.19% |
| 2026-02-18 | 103.20% |
| 2026-02-17 | 103.19% |
| 2026-02-13 | 103.18% |
| 2026-02-12 | 103.18% |
| 2026-02-11 | 103.20% |
| 2026-02-10 | 103.19% |
| 2026-02-09 | 103.18% |
| 2026-02-06 | 103.21% |
| 2026-02-05 | 103.19% |
| 2026-02-04 | 103.21% |
| 2026-02-03 | 72.65% |
| 2026-02-02 | 72.65% |
| 2026-01-30 | 72.66% |
| 2026-01-29 | 72.64% |
| 2026-01-28 | 72.65% |
| 2026-01-27 | 72.64% |
| 2026-01-26 | 72.65% |
| 2026-01-23 | 72.65% |
| 2026-01-22 | 72.67% |
| 2026-01-21 | 72.66% |
| 2026-01-20 | 72.66% |
| 2026-01-16 | 72.67% |
| 2026-01-15 | 72.66% |
| 2026-01-14 | 72.64% |
| 2026-01-13 | 72.65% |
| 2026-01-12 | 72.66% |
| 2026-01-09 | 72.65% |
| 2026-01-08 | 72.66% |
| 2026-01-07 | 72.65% |
| 2026-01-06 | 72.66% |
| 2026-01-05 | 72.67% |
| 2026-01-02 | 72.65% |
| 2025-12-31 | 72.66% |
| 2025-12-30 | 71.54% |
| 2025-12-29 | 71.52% |
| 2025-12-26 | 71.52% |
| 2025-12-24 | 71.55% |
| 2025-12-23 | 71.53% |
| 2025-12-22 | 71.53% |
| 2025-12-19 | 71.53% |
| 2025-12-18 | 71.55% |
| 2025-12-17 | 71.55% |
| 2025-12-16 | 71.52% |
| 2025-12-15 | 71.53% |
| 2025-12-12 | 71.54% |
| 2025-12-11 | 71.55% |
| 2025-12-10 | 71.52% |
| 2025-12-09 | 71.55% |
| 2025-12-08 | 71.54% |
| 2025-12-05 | 71.55% |
| 2025-12-04 | 71.54% |
| 2025-12-03 | 71.55% |
| 2025-12-02 | 71.54% |
| 2025-12-01 | 71.52% |
| 2025-11-28 | 71.53% |
| 2025-11-26 | 71.55% |
| 2025-11-25 | 71.53% |
| 2025-11-24 | 71.52% |
| 2025-11-21 | 71.54% |
| 2025-11-20 | 71.54% |
| 2025-11-19 | 71.52% |
| 2025-11-18 | 71.53% |
| 2025-11-17 | 71.53% |
| 2025-11-14 | 71.55% |
| 2025-11-13 | 71.55% |
| 2025-11-12 | 71.53% |
| 2025-11-11 | 71.52% |
| 2025-11-10 | 71.54% |
| 2025-11-07 | 71.55% |
| 2025-11-06 | 71.52% |
| 2025-11-05 | 71.53% |
| 2025-11-04 | 71.52% |
| 2025-11-03 | 71.54% |
| 2025-10-31 | 71.53% |
| 2025-10-30 | 71.53% |
| 2025-10-29 | 71.55% |
| 2025-10-28 | 71.53% |
| 2025-10-27 | 69.98% |
| 2025-10-24 | 69.96% |
| 2025-10-23 | 69.97% |
| 2025-10-22 | 69.96% |
| 2025-10-21 | 69.97% |
| 2025-10-20 | 69.97% |
| 2025-10-17 | 69.97% |
| 2025-10-16 | 69.95% |
| 2025-10-15 | 69.98% |
| 2025-10-14 | 69.97% |
| 2025-10-13 | 69.97% |
| 2025-10-10 | 69.97% |
| 2025-10-09 | 69.95% |
| 2025-10-08 | 69.98% |
| 2025-10-07 | 69.96% |
| 2025-10-06 | 69.96% |
| 2025-10-03 | 69.98% |
| 2025-10-02 | 69.96% |
| 2025-10-01 | 69.97% |
| 2025-09-30 | 69.95% |
| 2025-09-29 | 68.86% |
| 2025-09-26 | 68.87% |
| 2025-09-25 | 68.88% |
| 2025-09-24 | 68.88% |
| 2025-09-23 | 68.87% |
| 2025-09-22 | 68.86% |
| 2025-09-19 | 68.87% |
| 2025-09-18 | 68.87% |
| 2025-09-17 | 68.85% |
| 2025-09-16 | 68.87% |
| 2025-09-15 | 68.85% |
| 2025-09-12 | 68.85% |
| 2025-09-11 | 68.87% |
| 2025-09-10 | 68.87% |
| 2025-09-09 | 68.87% |
| 2025-09-08 | 68.87% |
| 2025-09-05 | 68.88% |
| 2025-09-04 | 68.87% |
| 2025-09-03 | 68.85% |
| 2025-09-02 | 68.85% |
| 2025-08-29 | 68.88% |
| 2025-08-28 | 68.87% |
| 2025-08-27 | 68.86% |
| 2025-08-26 | 68.87% |
| 2025-08-25 | 68.88% |
| 2025-08-22 | 68.87% |
| 2025-08-21 | 68.85% |
| 2025-08-20 | 68.87% |
| 2025-08-19 | 68.86% |
| 2025-08-18 | 68.86% |
| 2025-08-15 | 68.86% |
| 2025-08-14 | 68.86% |
| 2025-08-13 | 68.86% |
| 2025-08-12 | 68.87% |
| 2025-08-11 | 68.87% |
| 2025-08-08 | 68.87% |
| 2025-08-07 | 68.87% |
| 2025-08-06 | 68.88% |
| 2025-08-05 | 68.86% |
| 2025-08-04 | 68.86% |
| 2025-08-01 | 68.87% |
| 2025-07-31 | 68.88% |
| 2025-07-30 | 68.88% |
| 2025-07-29 | 68.85% |
| 2025-07-28 | 69.90% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| 48.4% |
| 2019 | $2.68 | $1.09 | 40.7% |
| 2018 | $2.30 | $0.96 | 41.7% |
| 2017 | $1.93 | $0.82 | 42.5% |
| 2016 | $1.07 | $0.72 | 67.3% |
| 2015 | $4.49 | $0.64 | 14.3% |
| 2014 | $1.29 | $0.58 | 45.0% |
| 2013 | $2.21 | $0.67 | 30.3% |
| 2012 | $1.70 | $1.00 | 58.8% |
| 2011 | $2.00 | $1.16 | 58.0% |
| 2010 | $2.40 | $1.16 | 48.3% |
| 2009 | $2.04 | $1.16 | 56.9% |
| 2008 | $1.92 | $1.12 | 58.3% |
| 2007 | $1.64 | $1.04 | 63.4% |
| 2006 | $1.86 | $0.96 | 51.6% |
| 2005 | $1.56 | $0.87 | 55.8% |
| 2004 | $1.56 | $0.77 | 49.4% |
| 2003 | $2.01 | $0.66 | 32.8% |
| 2002 | $1.96 | $0.56 | 28.6% |
| 2001 | $1.17 | $0.26 | 22.2% |
| 2000 | $1.36 | $0.00 | 0.0% |
| 1999 | $1.20 | $0.00 | 0.0% |
| 1998 | $1.12 | $0.00 | 0.0% |
