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 16.09% is 22% above its 5-year average of 13.16%, near the low end of its 5-year range (8.65%–35.72%).
As of Monday, October 5, 2026. 1.28% below its 12-month average of 16.30%.
Dividend Payout Ratio (16.09%) = TTM Dividends/Share ($0.28) / TTM EPS ($1.74)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
16.09%
DIVIDEND PAYOUT RATIO AVG TTM
16.30%
DIVIDEND PAYOUT RATIO AVG 3Y
13.39%
DIVIDEND PAYOUT RATIO AVG 5Y
13.16%
DIVIDEND PAYOUT RATIO AVG 10Y
10.10%
DIVIDEND PAYOUT RATIO AVG 15Y
7.00%
DIVIDEND PAYOUT RATIO AVG 20Y
11.73%
CURRENT VS TTM AVG
-1.28%
CURRENT VS 3Y AVG
+20.17%
CURRENT VS 5Y AVG
+22.27%
CURRENT VS 10Y AVG
+59.33%
CURRENT VS 15Y AVG
+129.86%
CURRENT VS 20Y AVG
+37.14%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $1.64 | $0.25 | 15.2% |
| 2024-12-31 | $1.90 | $0.21 | 11.1% |
| 2023-12-31 | $2.05 | $0.20 | 9.8% |
| 2022-12-31 | $1.51 | $0.20 | 13.2% |
| 2021-12-31 | $0.66 | $0.16 | 24.2% |
| 2020-12-31 | $0.94 |
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 |
|---|---|
| 2026-10-05 | 16.09% |
| 2026-10-02 | 16.09% |
| 2026-10-01 | 16.10% |
| 2026-09-30 | 16.09% |
| 2026-09-29 | 16.10% |
| 2026-09-28 | 16.09% |
| 2026-09-25 | 16.09% |
| 2026-09-24 | 16.09% |
| 2026-09-23 | 16.09% |
| 2026-09-22 | 16.10% |
| 2026-09-21 | 16.09% |
| 2026-09-18 | 16.09% |
| 2026-09-17 | 16.09% |
| 2026-09-16 | 16.10% |
| 2026-09-15 | 16.09% |
| 2026-09-14 | 16.09% |
| 2026-09-11 | 16.09% |
| 2026-09-10 | 16.09% |
| 2026-09-09 | 16.10% |
| 2026-09-08 | 16.09% |
| 2026-09-04 | 16.09% |
| 2026-09-03 | 16.09% |
| 2026-09-02 | 16.09% |
| 2026-09-01 | 16.09% |
| 2026-08-31 | 16.09% |
| 2026-08-28 | 16.10% |
| 2026-08-27 | 16.10% |
| 2026-08-26 | 16.09% |
| 2026-08-25 | 16.10% |
| 2026-08-24 | 16.10% |
| 2026-08-21 | 16.09% |
| 2026-08-20 | 16.09% |
| 2026-08-19 | 16.09% |
| 2026-08-18 | 16.10% |
| 2026-08-17 | 16.09% |
| 2026-08-14 | 16.09% |
| 2026-08-13 | 16.09% |
| 2026-08-12 | 16.09% |
| 2026-08-11 | 16.10% |
| 2026-08-10 | 16.09% |
| 2026-08-07 | 16.09% |
| 2026-08-06 | 16.67% |
| 2026-08-05 | 16.67% |
| 2026-08-04 | 16.67% |
| 2026-08-03 | 16.67% |
| 2026-07-31 | 16.66% |
| 2026-07-30 | 12.50% |
| 2026-07-29 | 12.50% |
| 2026-07-28 | 12.50% |
| 2026-07-27 | 12.50% |
| 2026-07-24 | 16.07% |
| 2026-07-23 | 16.07% |
| 2026-07-22 | 16.07% |
| 2026-07-21 | 16.08% |
| 2026-07-20 | 16.07% |
| 2026-07-17 | 16.07% |
| 2026-07-16 | 16.07% |
| 2026-07-15 | 16.07% |
| 2026-07-14 | 16.08% |
| 2026-07-13 | 16.08% |
| 2026-07-10 | 16.08% |
| 2026-07-09 | 16.07% |
| 2026-07-08 | 16.07% |
| 2026-07-07 | 16.07% |
| 2026-07-06 | 16.07% |
| 2026-07-02 | 16.07% |
| 2026-07-01 | 16.07% |
| 2026-06-30 | 16.07% |
| 2026-06-29 | 16.08% |
| 2026-06-26 | 16.08% |
| 2026-06-25 | 16.07% |
| 2026-06-24 | 16.08% |
| 2026-06-23 | 16.07% |
| 2026-06-22 | 16.07% |
| 2026-06-18 | 16.07% |
| 2026-06-17 | 16.07% |
| 2026-06-16 | 16.07% |
| 2026-06-15 | 16.07% |
| 2026-06-12 | 16.07% |
| 2026-06-11 | 16.08% |
| 2026-06-10 | 16.08% |
| 2026-06-09 | 16.07% |
| 2026-06-08 | 16.07% |
| 2026-06-05 | 16.07% |
| 2026-06-04 | 16.07% |
| 2026-06-03 | 16.07% |
| 2026-06-02 | 16.07% |
| 2026-06-01 | 16.07% |
| 2026-05-29 | 16.07% |
| 2026-05-28 | 16.07% |
| 2026-05-27 | 16.08% |
| 2026-05-26 | 16.07% |
| 2026-05-22 | 16.07% |
| 2026-05-21 | 16.07% |
| 2026-05-20 | 16.07% |
| 2026-05-19 | 16.08% |
| 2026-05-18 | 16.07% |
| 2026-05-15 | 16.07% |
| 2026-05-14 | 16.07% |
| 2026-05-13 | 16.07% |
| 2026-05-12 | 16.07% |
| 2026-05-11 | 16.07% |
| 2026-05-08 | 16.08% |
| 2026-05-07 | 16.56% |
| 2026-05-06 | 16.57% |
| 2026-05-05 | 16.57% |
| 2026-05-04 | 16.57% |
| 2026-05-01 | 16.56% |
| 2026-04-30 | 12.27% |
| 2026-04-29 | 12.27% |
| 2026-04-28 | 12.27% |
| 2026-04-27 | 12.27% |
| 2026-04-24 | 15.95% |
| 2026-04-23 | 15.95% |
| 2026-04-22 | 15.95% |
| 2026-04-21 | 15.95% |
| 2026-04-20 | 15.95% |
| 2026-04-17 | 15.95% |
| 2026-04-16 | 15.95% |
| 2026-04-15 | 15.95% |
| 2026-04-14 | 15.95% |
| 2026-04-13 | 15.95% |
| 2026-04-10 | 15.95% |
| 2026-04-09 | 15.95% |
| 2026-04-08 | 15.95% |
| 2026-04-07 | 15.96% |
| 2026-04-06 | 15.96% |
| 2026-04-02 | 15.95% |
| 2026-04-01 | 15.96% |
| 2026-03-31 | 15.95% |
| 2026-03-30 | 15.95% |
| 2026-03-27 | 15.96% |
| 2026-03-26 | 15.96% |
| 2026-03-25 | 15.95% |
| 2026-03-24 | 15.95% |
| 2026-03-23 | 15.95% |
| 2026-03-20 | 15.95% |
| 2026-03-19 | 15.95% |
| 2026-03-18 | 15.95% |
| 2026-03-17 | 15.95% |
| 2026-03-16 | 15.95% |
| 2026-03-13 | 15.95% |
| 2026-03-12 | 15.95% |
| 2026-03-11 | 15.95% |
| 2026-03-10 | 15.95% |
| 2026-03-09 | 15.96% |
| 2026-03-06 | 15.95% |
| 2026-03-05 | 15.95% |
| 2026-03-04 | 15.95% |
| 2026-03-03 | 15.95% |
| 2026-03-02 | 15.94% |
| 2026-02-27 | 15.95% |
| 2026-02-26 | 17.22% |
| 2026-02-25 | 17.22% |
| 2026-02-24 | 17.22% |
| 2026-02-23 | 17.21% |
| 2026-02-20 | 17.22% |
| 2026-02-19 | 17.22% |
| 2026-02-18 | 17.22% |
| 2026-02-17 | 17.21% |
| 2026-02-13 | 17.22% |
| 2026-02-12 | 17.22% |
| 2026-02-11 | 17.22% |
| 2026-02-10 | 17.22% |
| 2026-02-09 | 17.22% |
| 2026-02-06 | 17.21% |
| 2026-02-05 | 17.22% |
| 2026-02-04 | 17.22% |
| 2026-02-03 | 17.22% |
| 2026-02-02 | 17.21% |
| 2026-01-30 | 21.19% |
| 2026-01-29 | 16.55% |
| 2026-01-28 | 16.56% |
| 2026-01-27 | 16.56% |
| 2026-01-26 | 16.56% |
| 2026-01-23 | 16.56% |
| 2026-01-22 | 16.56% |
| 2026-01-21 | 16.56% |
| 2026-01-20 | 16.56% |
| 2026-01-16 | 16.55% |
| 2026-01-15 | 16.56% |
| 2026-01-14 | 16.56% |
| 2026-01-13 | 16.56% |
| 2026-01-12 | 16.56% |
| 2026-01-09 | 16.56% |
| 2026-01-08 | 16.55% |
| 2026-01-07 | 16.55% |
| 2026-01-06 | 16.56% |
| 2026-01-05 | 16.56% |
| 2026-01-02 | 16.56% |
| 2025-12-31 | 16.55% |
| 2025-12-30 | 16.55% |
| 2025-12-29 | 16.56% |
| 2025-12-26 | 16.56% |
| 2025-12-24 | 16.55% |
| 2025-12-23 | 16.55% |
| 2025-12-22 | 16.56% |
| 2025-12-19 | 16.56% |
| 2025-12-18 | 16.56% |
| 2025-12-17 | 16.56% |
| 2025-12-16 | 16.55% |
| 2025-12-15 | 16.56% |
| 2025-12-12 | 16.55% |
| 2025-12-11 | 16.55% |
| 2025-12-10 | 16.56% |
| 2025-12-09 | 16.55% |
| 2025-12-08 | 16.55% |
| 2025-12-05 | 16.55% |
| 2025-12-04 | 16.56% |
| 2025-12-03 | 16.56% |
| 2025-12-02 | 16.56% |
| 2025-12-01 | 16.56% |
| 2025-11-28 | 16.55% |
| 2025-11-26 | 16.56% |
| 2025-11-25 | 16.55% |
| 2025-11-24 | 16.56% |
| 2025-11-21 | 16.55% |
| 2025-11-20 | 16.56% |
| 2025-11-19 | 16.55% |
| 2025-11-18 | 16.55% |
| 2025-11-17 | 16.55% |
| 2025-11-14 | 16.55% |
| 2025-11-13 | 16.56% |
| 2025-11-12 | 16.55% |
| 2025-11-11 | 16.56% |
| 2025-11-10 | 16.56% |
| 2025-11-07 | 16.55% |
| 2025-11-06 | 13.67% |
| 2025-11-05 | 13.66% |
| 2025-11-04 | 13.67% |
| 2025-11-03 | 13.67% |
| 2025-10-31 | 13.66% |
| 2025-10-30 | 9.83% |
| 2025-10-29 | 9.84% |
| 2025-10-28 | 9.84% |
| 2025-10-27 | 9.83% |
| 2025-10-24 | 13.11% |
| 2025-10-23 | 13.12% |
| 2025-10-22 | 13.12% |
| 2025-10-21 | 13.12% |
| 2025-10-20 | 13.12% |
| 2025-10-17 | 13.12% |
| 2025-10-16 | 13.11% |
| 2025-10-15 | 13.12% |
| 2025-10-14 | 13.12% |
| 2025-10-13 | 13.11% |
| 2025-10-10 | 13.12% |
| 2025-10-09 | 13.12% |
| 2025-10-08 | 13.12% |
| 2025-10-07 | 13.12% |
| 2025-10-06 | 13.12% |
| 2025-10-03 | 13.11% |
| 2025-10-02 | 13.11% |
| 2025-10-01 | 13.12% |
| 2025-09-30 | 13.12% |
| 2025-09-29 | 13.11% |
| 2025-09-26 | 13.11% |
| 2025-09-25 | 13.12% |
| 2025-09-24 | 13.11% |
| 2025-09-23 | 13.12% |
Showing the most recent 260 of 2,179 data points. The chart above shows the full history.
| $0.04 |
| 4.3% |
| 2019-12-31 | $1.32 | $0.04 | 3.0% |
| 2018-12-31 | $1.14 | $0.04 | 3.5% |
| 2017-12-31 | $0.51 | $0.04 | 7.8% |
| 2016-12-31 | $0.53 | $0.03 | 5.7% |
| 2015-12-31 | $0.46 | $0.00 | 0.0% |
| 2014-12-31 | $0.46 | $0.00 | 0.0% |
| 2013-12-31 | $5.45 | $0.00 | 0.0% |
| 2012-12-31 | ($0.36) | $0.00 | N/A (Loss) |
| 2011-12-31 | ($0.79) | $0.00 | N/A (Loss) |
| 2010-12-31 | ($8.03) | $0.02 | N/A (Loss) |
| 2009-12-31 | ($4.60) | $0.10 | N/A (Loss) |
| 2008-12-31 | $0.87 | $0.63 | 72.4% |
| 2007-12-31 | $1.92 | $0.59 | 30.7% |
| 2006-12-31 | $1.77 | $0.55 | 31.1% |
| 2005-12-31 | $2.05 | $0.51 | 24.9% |
| 2004-12-31 | $1.96 | $0.46 | 23.5% |
| 2003-12-31 | $1.57 | $0.40 | 25.5% |
| 2002-12-31 | $1.36 | $0.38 | 27.6% |
| 2001-12-31 | $1.12 | $0.30 | 26.8% |
| 2000-12-31 | $0.86 | $0.23 | 26.2% |
| 1999-12-31 | $0.77 | $0.22 | 28.0% |
| 1998-12-31 | $0.34 | $0.15 | 45.2% |
| 1997-12-31 | $0.11 | $0.12 | 109.1% |
| 1996-12-31 | $0.10 | $0.12 | 124.6% |
