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 27.46% is 34% below its 5-year average of 41.62%, near the low end of its 5-year range (23.00%–71.14%).
As of Sunday, August 9, 2026. 21.94% below its 12-month average of 35.18%.
Dividend Payout Ratio (27.46%) = TTM Dividends/Share ($3.20) / TTM EPS ($11.65)
DIVIDEND PAYOUT RATIO
27.46%
DIVIDEND PAYOUT RATIO AVG TTM
35.18%
DIVIDEND PAYOUT RATIO AVG 3Y
38.85%
DIVIDEND PAYOUT RATIO AVG 5Y
40.40%
DIVIDEND PAYOUT RATIO AVG 10Y
38.56%
DIVIDEND PAYOUT RATIO AVG 15Y
39.14%
DIVIDEND PAYOUT RATIO AVG 20Y
38.37%
CURRENT VS TTM AVG
-21.94%
CURRENT VS 3Y AVG
-29.31%
CURRENT VS 5Y AVG
-32.02%
CURRENT VS 10Y AVG
-28.77%
CURRENT VS 15Y AVG
-29.83%
CURRENT VS 20Y AVG
-28.42%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $8.79 | $3.10 | 35.3% |
| 2024 | $9.80 | $3.00 | 30.6% |
| 2023 | $5.09 | $3.00 | 58.9% |
| 2022 | $6.16 | $2.90 | 47.1% |
| 2021 | $7.16 | $2.80 | 39.1% |
| 2020 | $5.48 | $2.80 |
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 |
|---|---|
| 2026-08-07 | 27.46% |
| 2026-08-06 | 27.47% |
| 2026-08-05 | 27.47% |
| 2026-08-04 | 27.47% |
| 2026-08-03 | 27.47% |
| 2026-07-31 | 27.47% |
| 2026-07-30 | 27.47% |
| 2026-07-29 | 33.50% |
| 2026-07-28 | 33.51% |
| 2026-07-27 | 33.50% |
| 2026-07-24 | 33.50% |
| 2026-07-23 | 33.50% |
| 2026-07-22 | 33.51% |
| 2026-07-21 | 33.51% |
| 2026-07-20 | 33.51% |
| 2026-07-17 | 33.51% |
| 2026-07-16 | 33.51% |
| 2026-07-15 | 33.50% |
| 2026-07-14 | 33.50% |
| 2026-07-13 | 33.51% |
| 2026-07-10 | 33.51% |
| 2026-07-09 | 33.51% |
| 2026-07-08 | 33.51% |
| 2026-07-07 | 33.50% |
| 2026-07-06 | 33.51% |
| 2026-07-02 | 33.50% |
| 2026-07-01 | 33.51% |
| 2026-06-30 | 33.50% |
| 2026-06-29 | 33.52% |
| 2026-06-26 | 33.51% |
| 2026-06-25 | 33.51% |
| 2026-06-24 | 33.50% |
| 2026-06-23 | 33.51% |
| 2026-06-22 | 33.50% |
| 2026-06-18 | 33.50% |
| 2026-06-17 | 33.51% |
| 2026-06-16 | 33.51% |
| 2026-06-15 | 33.52% |
| 2026-06-12 | 33.52% |
| 2026-06-11 | 33.51% |
| 2026-06-10 | 33.52% |
| 2026-06-09 | 33.50% |
| 2026-06-08 | 33.51% |
| 2026-06-05 | 41.36% |
| 2026-06-04 | 32.98% |
| 2026-06-03 | 32.99% |
| 2026-06-02 | 32.99% |
| 2026-06-01 | 32.99% |
| 2026-05-29 | 32.98% |
| 2026-05-28 | 32.99% |
| 2026-05-27 | 32.99% |
| 2026-05-26 | 32.98% |
| 2026-05-22 | 32.99% |
| 2026-05-21 | 32.99% |
| 2026-05-20 | 32.99% |
| 2026-05-19 | 32.99% |
| 2026-05-18 | 32.99% |
| 2026-05-15 | 32.99% |
| 2026-05-14 | 32.98% |
| 2026-05-13 | 32.97% |
| 2026-05-12 | 32.98% |
| 2026-05-11 | 32.99% |
| 2026-05-08 | 32.99% |
| 2026-05-07 | 32.99% |
| 2026-05-06 | 32.99% |
| 2026-05-05 | 32.98% |
| 2026-05-04 | 32.98% |
| 2026-05-01 | 32.98% |
| 2026-04-30 | 32.99% |
| 2026-04-29 | 36.04% |
| 2026-04-28 | 36.05% |
| 2026-04-27 | 36.04% |
| 2026-04-24 | 36.05% |
| 2026-04-23 | 36.03% |
| 2026-04-22 | 36.04% |
| 2026-04-21 | 36.04% |
| 2026-04-20 | 36.04% |
| 2026-04-17 | 36.04% |
| 2026-04-16 | 36.05% |
| 2026-04-15 | 36.05% |
| 2026-04-14 | 36.04% |
| 2026-04-13 | 36.04% |
| 2026-04-10 | 36.05% |
| 2026-04-09 | 36.03% |
| 2026-04-08 | 36.04% |
| 2026-04-07 | 36.04% |
| 2026-04-06 | 36.05% |
| 2026-04-02 | 36.05% |
| 2026-04-01 | 36.04% |
| 2026-03-31 | 36.04% |
| 2026-03-30 | 36.05% |
| 2026-03-27 | 36.05% |
| 2026-03-26 | 36.05% |
| 2026-03-25 | 36.05% |
| 2026-03-24 | 36.04% |
| 2026-03-23 | 36.04% |
| 2026-03-20 | 36.04% |
| 2026-03-19 | 36.05% |
| 2026-03-18 | 36.04% |
| 2026-03-17 | 36.04% |
| 2026-03-16 | 36.05% |
| 2026-03-13 | 44.63% |
| 2026-03-12 | 44.62% |
| 2026-03-11 | 44.62% |
| 2026-03-10 | 44.63% |
| 2026-03-09 | 44.63% |
| 2026-03-06 | 44.63% |
| 2026-03-05 | 35.47% |
| 2026-03-04 | 35.47% |
| 2026-03-03 | 35.46% |
| 2026-03-02 | 35.48% |
| 2026-02-27 | 35.47% |
| 2026-02-26 | 35.48% |
| 2026-02-25 | 35.48% |
| 2026-02-24 | 35.47% |
| 2026-02-23 | 36.13% |
| 2026-02-20 | 36.13% |
| 2026-02-19 | 36.13% |
| 2026-02-18 | 36.12% |
| 2026-02-17 | 36.13% |
| 2026-02-13 | 36.13% |
| 2026-02-12 | 36.14% |
| 2026-02-11 | 36.12% |
| 2026-02-10 | 36.13% |
| 2026-02-09 | 36.13% |
| 2026-02-06 | 36.12% |
| 2026-02-05 | 36.13% |
| 2026-02-04 | 36.14% |
| 2026-02-03 | 36.12% |
| 2026-02-02 | 36.13% |
| 2026-01-30 | 36.14% |
| 2026-01-29 | 36.13% |
| 2026-01-28 | 36.13% |
| 2026-01-27 | 36.13% |
| 2026-01-26 | 36.13% |
| 2026-01-23 | 36.12% |
| 2026-01-22 | 36.14% |
| 2026-01-21 | 36.13% |
| 2026-01-20 | 36.13% |
| 2026-01-16 | 36.14% |
| 2026-01-15 | 36.12% |
| 2026-01-14 | 36.13% |
| 2026-01-13 | 36.13% |
| 2026-01-12 | 36.14% |
| 2026-01-09 | 36.14% |
| 2026-01-08 | 36.14% |
| 2026-01-07 | 36.13% |
| 2026-01-06 | 36.14% |
| 2026-01-05 | 36.12% |
| 2026-01-02 | 36.12% |
| 2025-12-31 | 36.13% |
| 2025-12-30 | 36.13% |
| 2025-12-29 | 36.12% |
| 2025-12-26 | 36.12% |
| 2025-12-24 | 36.13% |
| 2025-12-23 | 36.13% |
| 2025-12-22 | 36.14% |
| 2025-12-19 | 36.12% |
| 2025-12-18 | 36.13% |
| 2025-12-17 | 36.13% |
| 2025-12-16 | 36.14% |
| 2025-12-15 | 36.12% |
| 2025-12-12 | 36.12% |
| 2025-12-11 | 36.14% |
| 2025-12-10 | 36.12% |
| 2025-12-09 | 36.14% |
| 2025-12-08 | 36.13% |
| 2025-12-05 | 44.88% |
| 2025-12-04 | 35.56% |
| 2025-12-03 | 35.54% |
| 2025-12-02 | 35.54% |
| 2025-12-01 | 35.56% |
| 2025-11-28 | 35.55% |
| 2025-11-26 | 35.55% |
| 2025-11-25 | 35.54% |
| 2025-11-24 | 35.56% |
| 2025-11-21 | 35.55% |
| 2025-11-20 | 35.54% |
| 2025-11-19 | 35.56% |
| 2025-11-18 | 35.54% |
| 2025-11-17 | 35.54% |
| 2025-11-14 | 35.55% |
| 2025-11-13 | 35.54% |
| 2025-11-12 | 35.54% |
| 2025-11-11 | 35.54% |
| 2025-11-10 | 35.54% |
| 2025-11-07 | 35.56% |
| 2025-11-06 | 35.54% |
| 2025-11-05 | 35.55% |
| 2025-11-04 | 35.54% |
| 2025-11-03 | 35.55% |
| 2025-10-31 | 35.56% |
| 2025-10-30 | 35.55% |
| 2025-10-29 | 35.83% |
| 2025-10-28 | 35.83% |
| 2025-10-27 | 35.84% |
| 2025-10-24 | 35.84% |
| 2025-10-23 | 35.84% |
| 2025-10-22 | 35.85% |
| 2025-10-21 | 35.83% |
| 2025-10-20 | 35.84% |
| 2025-10-17 | 35.85% |
| 2025-10-16 | 35.84% |
| 2025-10-15 | 35.84% |
| 2025-10-14 | 35.84% |
| 2025-10-13 | 35.85% |
| 2025-10-10 | 35.85% |
| 2025-10-09 | 35.83% |
| 2025-10-08 | 35.83% |
| 2025-10-07 | 35.83% |
| 2025-10-06 | 35.85% |
| 2025-10-03 | 35.84% |
| 2025-10-02 | 35.85% |
| 2025-10-01 | 35.85% |
| 2025-09-30 | 35.85% |
| 2025-09-29 | 35.83% |
| 2025-09-26 | 35.85% |
| 2025-09-25 | 35.84% |
| 2025-09-24 | 35.84% |
| 2025-09-23 | 35.85% |
| 2025-09-22 | 35.85% |
| 2025-09-19 | 35.83% |
| 2025-09-18 | 35.85% |
| 2025-09-17 | 35.83% |
| 2025-09-16 | 35.84% |
| 2025-09-15 | 35.85% |
| 2025-09-12 | 35.84% |
| 2025-09-11 | 35.85% |
| 2025-09-10 | 35.84% |
| 2025-09-09 | 35.83% |
| 2025-09-08 | 35.83% |
| 2025-09-05 | 44.67% |
| 2025-09-04 | 35.26% |
| 2025-09-03 | 35.25% |
| 2025-09-02 | 35.25% |
| 2025-08-29 | 35.26% |
| 2025-08-28 | 35.25% |
| 2025-08-27 | 35.25% |
| 2025-08-26 | 35.26% |
| 2025-08-25 | 35.26% |
| 2025-08-22 | 35.25% |
| 2025-08-21 | 35.25% |
| 2025-08-20 | 35.26% |
| 2025-08-19 | 35.26% |
| 2025-08-18 | 35.25% |
| 2025-08-15 | 35.26% |
| 2025-08-14 | 35.26% |
| 2025-08-13 | 35.25% |
| 2025-08-12 | 35.26% |
| 2025-08-11 | 35.26% |
| 2025-08-08 | 35.24% |
| 2025-08-07 | 35.26% |
| 2025-08-06 | 35.26% |
| 2025-08-05 | 35.26% |
| 2025-08-04 | 35.25% |
| 2025-08-01 | 35.25% |
| 2025-07-31 | 35.26% |
| 2025-07-30 | 35.25% |
| 2025-07-29 | 27.99% |
| 2025-07-28 | 27.99% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| 51.1% |
| 2019 | $6.66 | $2.60 | 39.0% |
| 2018 | $6.68 | $1.94 | 29.0% |
| 2017 | $4.95 | $1.60 | 32.3% |
| 2016 | $4.35 | $1.48 | 34.0% |
| 2015 | $4.03 | $1.41 | 35.0% |
| 2014 | $3.34 | $1.30 | 38.9% |
| 2013 | $3.01 | $1.23 | 40.9% |
| 2012 | $2.82 | $1.18 | 41.8% |
| 2011 | $2.47 | $1.12 | 45.3% |
| 2010 | $2.74 | $1.12 | 40.9% |
| 2009 | $3.18 | $1.12 | 35.2% |
| 2008 | $3.51 | $1.12 | 31.9% |
| 2007 | $3.28 | $1.03 | 31.4% |
| 2006 | $3.06 | $0.94 | 30.7% |
| 2005 | $2.68 | $0.86 | 32.1% |
| 2004 | $2.30 | $0.78 | 33.9% |
| 2003 | $1.84 | $0.70 | 38.0% |
| 2002 | $2.02 | $0.68 | 33.7% |
| 2001 | $2.18 | $0.64 | 29.1% |
| 2000 | $2.17 | $0.56 | 25.8% |
| 1999 | $1.81 | $0.41 | 22.8% |
| 1998 | $1.58 | $0.42 | 26.6% |
| 1997 | $1.37 | $0.38 | 27.4% |
| 1996 | $1.14 | $0.32 | 28.3% |
