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 94.64% is 13% above its 5-year average of 83.67%, near the low end of its 5-year range (34.91%–337.79%).
As of Sunday, July 26, 2026. 105.26% above its 12-month average of 46.11%.
Dividend Payout Ratio (94.64%) = TTM Dividends/Share ($3.36) / TTM EPS ($3.55)
DIVIDEND PAYOUT RATIO
94.64%
DIVIDEND PAYOUT RATIO AVG TTM
46.11%
DIVIDEND PAYOUT RATIO AVG 3Y
65.59%
DIVIDEND PAYOUT RATIO AVG 5Y
61.34%
DIVIDEND PAYOUT RATIO AVG 10Y
68.54%
DIVIDEND PAYOUT RATIO AVG 15Y
76.10%
DIVIDEND PAYOUT RATIO AVG 20Y
69.37%
CURRENT VS TTM AVG
+105.26%
CURRENT VS 3Y AVG
+44.29%
CURRENT VS 5Y AVG
+54.30%
CURRENT VS 10Y AVG
+38.08%
CURRENT VS 15Y AVG
+24.36%
CURRENT VS 20Y AVG
+36.43%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $7.30 | $3.28 | 44.9% |
| 2024 | $6.76 | $3.12 | 46.2% |
| 2023 | $0.14 | $2.96 | N/A |
| 2022 | $5.73 | $2.80 | 48.9% |
| 2021 | $5.16 | $2.61 | 50.6% |
| 2020 | $2.79 | $2.37 |
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 | 94.64% |
| 2026-07-23 | 94.64% |
| 2026-07-22 | 94.66% |
| 2026-07-21 | 94.66% |
| 2026-07-20 | 94.64% |
| 2026-07-17 | 94.66% |
| 2026-07-16 | 94.64% |
| 2026-07-15 | 94.65% |
| 2026-07-14 | 94.64% |
| 2026-07-13 | 94.65% |
| 2026-07-10 | 94.65% |
| 2026-07-09 | 94.65% |
| 2026-07-08 | 94.65% |
| 2026-07-07 | 94.65% |
| 2026-07-06 | 94.64% |
| 2026-07-02 | 94.66% |
| 2026-07-01 | 94.66% |
| 2026-06-30 | 94.66% |
| 2026-06-29 | 94.66% |
| 2026-06-26 | 94.64% |
| 2026-06-25 | 94.65% |
| 2026-06-24 | 94.64% |
| 2026-06-23 | 94.65% |
| 2026-06-22 | 94.65% |
| 2026-06-18 | 94.66% |
| 2026-06-17 | 94.65% |
| 2026-06-16 | 94.64% |
| 2026-06-15 | 117.48% |
| 2026-06-12 | 93.53% |
| 2026-06-11 | 93.53% |
| 2026-06-10 | 93.53% |
| 2026-06-09 | 93.52% |
| 2026-06-08 | 93.53% |
| 2026-06-05 | 93.53% |
| 2026-06-04 | 93.53% |
| 2026-06-03 | 93.52% |
| 2026-06-02 | 93.53% |
| 2026-06-01 | 93.51% |
| 2026-05-29 | 93.51% |
| 2026-05-28 | 93.52% |
| 2026-05-27 | 93.52% |
| 2026-05-26 | 93.51% |
| 2026-05-22 | 93.52% |
| 2026-05-21 | 93.51% |
| 2026-05-20 | 93.52% |
| 2026-05-19 | 93.52% |
| 2026-05-18 | 93.53% |
| 2026-05-15 | 93.51% |
| 2026-05-14 | 93.53% |
| 2026-05-13 | 93.53% |
| 2026-05-12 | 93.51% |
| 2026-05-11 | 93.53% |
| 2026-05-08 | 93.51% |
| 2026-05-07 | 93.51% |
| 2026-05-06 | 93.52% |
| 2026-05-05 | 93.51% |
| 2026-05-04 | 93.52% |
| 2026-05-01 | 45.61% |
| 2026-04-30 | 45.61% |
| 2026-04-29 | 45.60% |
| 2026-04-28 | 45.59% |
| 2026-04-27 | 45.60% |
| 2026-04-24 | 45.60% |
| 2026-04-23 | 45.59% |
| 2026-04-22 | 45.61% |
| 2026-04-21 | 45.60% |
| 2026-04-20 | 45.62% |
| 2026-04-17 | 45.62% |
| 2026-04-16 | 45.60% |
| 2026-04-15 | 45.62% |
| 2026-04-14 | 45.61% |
| 2026-04-13 | 45.59% |
| 2026-04-10 | 45.61% |
| 2026-04-09 | 45.60% |
| 2026-04-08 | 45.60% |
| 2026-04-07 | 45.59% |
| 2026-04-06 | 45.60% |
| 2026-04-02 | 45.60% |
| 2026-04-01 | 45.61% |
| 2026-03-31 | 45.60% |
| 2026-03-30 | 45.60% |
| 2026-03-27 | 45.60% |
| 2026-03-26 | 45.61% |
| 2026-03-25 | 45.61% |
| 2026-03-24 | 45.59% |
| 2026-03-23 | 45.60% |
| 2026-03-20 | 45.59% |
| 2026-03-19 | 45.61% |
| 2026-03-18 | 45.61% |
| 2026-03-17 | 45.62% |
| 2026-03-16 | 56.75% |
| 2026-03-13 | 45.05% |
| 2026-03-12 | 45.05% |
| 2026-03-11 | 45.05% |
| 2026-03-10 | 45.04% |
| 2026-03-09 | 45.06% |
| 2026-03-06 | 45.07% |
| 2026-03-05 | 45.04% |
| 2026-03-04 | 45.05% |
| 2026-03-03 | 45.05% |
| 2026-03-02 | 45.06% |
| 2026-02-27 | 45.06% |
| 2026-02-26 | 45.06% |
| 2026-02-25 | 45.05% |
| 2026-02-24 | 45.05% |
| 2026-02-23 | 43.34% |
| 2026-02-20 | 43.33% |
| 2026-02-19 | 43.33% |
| 2026-02-18 | 43.33% |
| 2026-02-17 | 43.33% |
| 2026-02-13 | 43.33% |
| 2026-02-12 | 43.32% |
| 2026-02-11 | 43.32% |
| 2026-02-10 | 43.34% |
| 2026-02-09 | 43.32% |
| 2026-02-06 | 43.34% |
| 2026-02-05 | 43.33% |
| 2026-02-04 | 43.32% |
| 2026-02-03 | 43.32% |
| 2026-02-02 | 43.34% |
| 2026-01-30 | 43.34% |
| 2026-01-29 | 43.32% |
| 2026-01-28 | 43.32% |
| 2026-01-27 | 43.34% |
| 2026-01-26 | 43.34% |
| 2026-01-23 | 43.33% |
| 2026-01-22 | 43.32% |
| 2026-01-21 | 43.34% |
| 2026-01-20 | 43.33% |
| 2026-01-16 | 43.34% |
| 2026-01-15 | 43.33% |
| 2026-01-14 | 43.32% |
| 2026-01-13 | 43.33% |
| 2026-01-12 | 43.32% |
| 2026-01-09 | 43.33% |
| 2026-01-08 | 43.32% |
| 2026-01-07 | 43.34% |
| 2026-01-06 | 43.32% |
| 2026-01-05 | 43.32% |
| 2026-01-02 | 43.32% |
| 2025-12-31 | 43.31% |
| 2025-12-30 | 43.33% |
| 2025-12-29 | 43.31% |
| 2025-12-26 | 43.34% |
| 2025-12-24 | 43.32% |
| 2025-12-23 | 43.34% |
| 2025-12-22 | 43.32% |
| 2025-12-19 | 43.32% |
| 2025-12-18 | 43.33% |
| 2025-12-17 | 43.32% |
| 2025-12-16 | 43.32% |
| 2025-12-15 | 54.01% |
| 2025-12-12 | 42.80% |
| 2025-12-11 | 42.80% |
| 2025-12-10 | 42.81% |
| 2025-12-09 | 42.80% |
| 2025-12-08 | 42.80% |
| 2025-12-05 | 42.79% |
| 2025-12-04 | 42.81% |
| 2025-12-03 | 42.80% |
| 2025-12-02 | 42.81% |
| 2025-12-01 | 42.79% |
| 2025-11-28 | 42.81% |
| 2025-11-26 | 42.80% |
| 2025-11-25 | 42.81% |
| 2025-11-24 | 42.79% |
| 2025-11-21 | 42.79% |
| 2025-11-20 | 42.82% |
| 2025-11-19 | 42.81% |
| 2025-11-18 | 42.81% |
| 2025-11-17 | 42.81% |
| 2025-11-14 | 42.78% |
| 2025-11-13 | 42.81% |
| 2025-11-12 | 42.80% |
| 2025-11-11 | 42.78% |
| 2025-11-10 | 42.80% |
| 2025-11-07 | 42.81% |
| 2025-11-06 | 42.79% |
| 2025-11-05 | 42.81% |
| 2025-11-04 | 49.92% |
| 2025-11-03 | 49.92% |
| 2025-10-31 | 49.93% |
| 2025-10-30 | 49.91% |
| 2025-10-29 | 49.92% |
| 2025-10-28 | 49.92% |
| 2025-10-27 | 49.93% |
| 2025-10-24 | 49.92% |
| 2025-10-23 | 49.91% |
| 2025-10-22 | 49.93% |
| 2025-10-21 | 49.92% |
| 2025-10-20 | 49.92% |
| 2025-10-17 | 49.90% |
| 2025-10-16 | 49.92% |
| 2025-10-15 | 49.92% |
| 2025-10-14 | 49.92% |
| 2025-10-13 | 49.90% |
| 2025-10-10 | 49.92% |
| 2025-10-09 | 49.91% |
| 2025-10-08 | 49.91% |
| 2025-10-07 | 49.93% |
| 2025-10-06 | 49.91% |
| 2025-10-03 | 49.91% |
| 2025-10-02 | 49.92% |
| 2025-10-01 | 49.93% |
| 2025-09-30 | 49.91% |
| 2025-09-29 | 49.93% |
| 2025-09-26 | 49.90% |
| 2025-09-25 | 49.94% |
| 2025-09-24 | 49.94% |
| 2025-09-23 | 49.92% |
| 2025-09-22 | 49.93% |
| 2025-09-19 | 49.93% |
| 2025-09-18 | 49.91% |
| 2025-09-17 | 49.91% |
| 2025-09-16 | 49.90% |
| 2025-09-15 | 61.77% |
| 2025-09-12 | 49.31% |
| 2025-09-11 | 49.31% |
| 2025-09-10 | 49.32% |
| 2025-09-09 | 49.32% |
| 2025-09-08 | 49.32% |
| 2025-09-05 | 49.30% |
| 2025-09-04 | 49.30% |
| 2025-09-03 | 49.30% |
| 2025-09-02 | 49.30% |
| 2025-08-29 | 49.30% |
| 2025-08-28 | 49.30% |
| 2025-08-27 | 49.29% |
| 2025-08-26 | 49.32% |
| 2025-08-25 | 49.29% |
| 2025-08-22 | 49.30% |
| 2025-08-21 | 49.29% |
| 2025-08-20 | 49.29% |
| 2025-08-19 | 49.32% |
| 2025-08-18 | 49.32% |
| 2025-08-15 | 49.32% |
| 2025-08-14 | 49.30% |
| 2025-08-13 | 49.29% |
| 2025-08-12 | 49.30% |
| 2025-08-11 | 49.30% |
| 2025-08-08 | 49.29% |
| 2025-08-07 | 49.29% |
| 2025-08-06 | 49.31% |
| 2025-08-05 | 49.31% |
| 2025-08-04 | 46.56% |
| 2025-08-01 | 46.57% |
| 2025-07-31 | 46.57% |
| 2025-07-30 | 46.58% |
| 2025-07-29 | 46.59% |
| 2025-07-28 | 46.60% |
| 2025-07-25 | 46.58% |
| 2025-07-24 | 46.57% |
| 2025-07-23 | 46.56% |
| 2025-07-22 | 46.58% |
| 2025-07-21 | 46.56% |
| 2025-07-18 | 46.58% |
| 2025-07-17 | 46.59% |
| 2025-07-16 | 46.58% |
| 2025-07-15 | 46.59% |
| 2025-07-14 | 46.58% |
Showing the most recent 260 of 2,630 data points. The chart above shows the full history.
| 84.8% |
| 2019 | $3.84 | $2.16 | 56.2% |
| 2018 | $2.40 | $1.90 | 79.1% |
| 2017 | $0.95 | $1.80 | 189.8% |
| 2016 | $2.07 | $1.77 | 85.3% |
| 2015 | $1.60 | $1.73 | 107.9% |
| 2014 | $4.20 | $1.69 | 40.2% |
| 2013 | $1.50 | $1.65 | 110.1% |
| 2012 | $2.20 | $1.61 | 73.3% |
| 2011 | $2.06 | $1.49 | 72.3% |
| 2010 | $0.28 | $1.45 | 518.0% |
| 2009 | $4.15 | $1.45 | 34.9% |
| 2008 | $3.65 | $1.45 | 39.7% |
| 2007 | ($1.04) | $1.45 | N/A (Loss) |
| 2006 | $2.04 | $1.45 | 71.1% |
| 2005 | $2.11 | $1.45 | 68.7% |
| 2004 | $2.63 | $1.43 | 54.4% |
| 2003 | $2.97 | $1.39 | 46.9% |
| 2002 | $3.17 | $1.35 | 42.7% |
| 2001 | $3.18 | $1.32 | 41.4% |
| 2000 | $2.96 | $1.20 | 40.6% |
| 1999 | $2.51 | $1.07 | 42.6% |
| 1998 | $2.21 | $0.94 | 42.7% |
| 1997 | $1.92 | $0.83 | 43.2% |
| 1996 | $1.60 | $0.71 | 44.1% |
