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 10.27% is 49% above its 5-year average of 6.89%, near the high end of its 5-year range (3.90%–11.80%).
As of Friday, August 7, 2026. 29.06% above its 12-month average of 7.95%.
Dividend Payout Ratio (10.27%) = TTM Dividends/Share ($1.00) / TTM EPS ($9.74)
DIVIDEND PAYOUT RATIO
10.27%
DIVIDEND PAYOUT RATIO AVG TTM
7.95%
DIVIDEND PAYOUT RATIO AVG 3Y
6.84%
DIVIDEND PAYOUT RATIO AVG 5Y
6.89%
DIVIDEND PAYOUT RATIO AVG 10Y
9.87%
DIVIDEND PAYOUT RATIO AVG 15Y
10.99%
DIVIDEND PAYOUT RATIO AVG 20Y
10.63%
CURRENT VS TTM AVG
+29.06%
CURRENT VS 3Y AVG
+50.15%
CURRENT VS 5Y AVG
+49.01%
CURRENT VS 10Y AVG
+4.00%
CURRENT VS 15Y AVG
-6.57%
CURRENT VS 20Y AVG
-3.40%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $11.21 | $0.92 | 8.2% |
| 2024 | $14.82 | $0.82 | 5.5% |
| 2023 | $11.79 | $0.68 | 5.8% |
| 2022 | $11.07 | $0.61 | 5.5% |
| 2021 | $7.44 | $0.57 | 7.7% |
| 2020 | $5.19 | $0.50 |
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 |
|---|---|
| 2026-08-06 | 10.27% |
| 2026-08-05 | 10.27% |
| 2026-08-04 | 10.27% |
| 2026-08-03 | 10.26% |
| 2026-07-31 | 10.26% |
| 2026-07-30 | 10.27% |
| 2026-07-29 | 10.26% |
| 2026-07-28 | 10.26% |
| 2026-07-27 | 10.27% |
| 2026-07-24 | 10.27% |
| 2026-07-23 | 10.27% |
| 2026-07-22 | 10.26% |
| 2026-07-21 | 9.67% |
| 2026-07-20 | 9.67% |
| 2026-07-17 | 9.67% |
| 2026-07-16 | 9.67% |
| 2026-07-15 | 9.67% |
| 2026-07-14 | 9.67% |
| 2026-07-13 | 9.67% |
| 2026-07-10 | 9.67% |
| 2026-07-09 | 9.68% |
| 2026-07-08 | 9.67% |
| 2026-07-07 | 9.67% |
| 2026-07-06 | 9.67% |
| 2026-07-02 | 9.67% |
| 2026-07-01 | 9.67% |
| 2026-06-30 | 9.67% |
| 2026-06-29 | 9.67% |
| 2026-06-26 | 9.67% |
| 2026-06-25 | 9.67% |
| 2026-06-24 | 9.67% |
| 2026-06-23 | 9.67% |
| 2026-06-22 | 9.67% |
| 2026-06-18 | 9.67% |
| 2026-06-17 | 9.67% |
| 2026-06-16 | 11.80% |
| 2026-06-15 | 9.28% |
| 2026-06-12 | 9.28% |
| 2026-06-11 | 9.28% |
| 2026-06-10 | 9.28% |
| 2026-06-09 | 9.28% |
| 2026-06-08 | 9.28% |
| 2026-06-05 | 9.28% |
| 2026-06-04 | 9.28% |
| 2026-06-03 | 9.29% |
| 2026-06-02 | 9.28% |
| 2026-06-01 | 9.28% |
| 2026-05-29 | 9.28% |
| 2026-05-28 | 9.28% |
| 2026-05-27 | 9.29% |
| 2026-05-26 | 9.29% |
| 2026-05-22 | 9.28% |
| 2026-05-21 | 9.29% |
| 2026-05-20 | 9.28% |
| 2026-05-19 | 9.28% |
| 2026-05-18 | 9.28% |
| 2026-05-15 | 9.29% |
| 2026-05-14 | 9.28% |
| 2026-05-13 | 9.29% |
| 2026-05-12 | 9.29% |
| 2026-05-11 | 9.29% |
| 2026-05-08 | 9.29% |
| 2026-05-07 | 9.29% |
| 2026-05-06 | 9.29% |
| 2026-05-05 | 9.29% |
| 2026-05-04 | 9.29% |
| 2026-05-01 | 9.29% |
| 2026-04-30 | 9.28% |
| 2026-04-29 | 9.28% |
| 2026-04-28 | 9.28% |
| 2026-04-27 | 9.29% |
| 2026-04-24 | 9.29% |
| 2026-04-23 | 9.28% |
| 2026-04-22 | 8.63% |
| 2026-04-21 | 8.63% |
| 2026-04-20 | 8.64% |
| 2026-04-17 | 8.63% |
| 2026-04-16 | 8.63% |
| 2026-04-15 | 8.64% |
| 2026-04-14 | 8.63% |
| 2026-04-13 | 8.63% |
| 2026-04-10 | 8.63% |
| 2026-04-09 | 8.63% |
| 2026-04-08 | 8.63% |
| 2026-04-07 | 8.63% |
| 2026-04-06 | 8.64% |
| 2026-04-02 | 8.64% |
| 2026-04-01 | 8.64% |
| 2026-03-31 | 8.64% |
| 2026-03-30 | 8.64% |
| 2026-03-27 | 8.63% |
| 2026-03-26 | 8.63% |
| 2026-03-25 | 8.63% |
| 2026-03-24 | 8.63% |
| 2026-03-23 | 8.63% |
| 2026-03-20 | 8.63% |
| 2026-03-19 | 8.63% |
| 2026-03-18 | 8.63% |
| 2026-03-17 | 10.61% |
| 2026-03-16 | 8.28% |
| 2026-03-13 | 8.27% |
| 2026-03-12 | 8.27% |
| 2026-03-11 | 8.28% |
| 2026-03-10 | 8.28% |
| 2026-03-09 | 8.27% |
| 2026-03-06 | 8.28% |
| 2026-03-05 | 8.27% |
| 2026-03-04 | 8.28% |
| 2026-03-03 | 8.27% |
| 2026-03-02 | 8.28% |
| 2026-02-27 | 8.27% |
| 2026-02-26 | 8.27% |
| 2026-02-25 | 8.28% |
| 2026-02-24 | 8.27% |
| 2026-02-23 | 8.27% |
| 2026-02-20 | 8.27% |
| 2026-02-19 | 8.27% |
| 2026-02-18 | 8.27% |
| 2026-02-17 | 8.27% |
| 2026-02-13 | 8.27% |
| 2026-02-12 | 8.27% |
| 2026-02-11 | 8.27% |
| 2026-02-10 | 8.27% |
| 2026-02-09 | 8.27% |
| 2026-02-06 | 8.27% |
| 2026-02-05 | 8.27% |
| 2026-02-04 | 8.27% |
| 2026-02-03 | 7.08% |
| 2026-02-02 | 7.08% |
| 2026-01-30 | 7.08% |
| 2026-01-29 | 7.08% |
| 2026-01-28 | 7.08% |
| 2026-01-27 | 7.08% |
| 2026-01-26 | 7.08% |
| 2026-01-23 | 7.09% |
| 2026-01-22 | 7.09% |
| 2026-01-21 | 7.09% |
| 2026-01-20 | 7.08% |
| 2026-01-16 | 7.09% |
| 2026-01-15 | 7.08% |
| 2026-01-14 | 7.08% |
| 2026-01-13 | 7.08% |
| 2026-01-12 | 7.08% |
| 2026-01-09 | 7.08% |
| 2026-01-08 | 7.08% |
| 2026-01-07 | 7.08% |
| 2026-01-06 | 7.09% |
| 2026-01-05 | 7.08% |
| 2026-01-02 | 7.09% |
| 2025-12-31 | 7.08% |
| 2025-12-30 | 7.08% |
| 2025-12-29 | 7.08% |
| 2025-12-26 | 7.09% |
| 2025-12-24 | 7.08% |
| 2025-12-23 | 7.09% |
| 2025-12-22 | 7.08% |
| 2025-12-19 | 7.08% |
| 2025-12-18 | 7.09% |
| 2025-12-17 | 7.08% |
| 2025-12-16 | 8.78% |
| 2025-12-15 | 6.78% |
| 2025-12-12 | 6.77% |
| 2025-12-11 | 6.77% |
| 2025-12-10 | 6.78% |
| 2025-12-09 | 6.77% |
| 2025-12-08 | 6.77% |
| 2025-12-05 | 6.78% |
| 2025-12-04 | 6.78% |
| 2025-12-03 | 6.77% |
| 2025-12-02 | 6.77% |
| 2025-12-01 | 6.77% |
| 2025-11-28 | 6.77% |
| 2025-11-26 | 6.77% |
| 2025-11-25 | 6.78% |
| 2025-11-24 | 6.77% |
| 2025-11-21 | 6.77% |
| 2025-11-20 | 6.77% |
| 2025-11-19 | 6.78% |
| 2025-11-18 | 6.78% |
| 2025-11-17 | 6.78% |
| 2025-11-14 | 6.77% |
| 2025-11-13 | 6.78% |
| 2025-11-12 | 6.78% |
| 2025-11-11 | 6.77% |
| 2025-11-10 | 6.77% |
| 2025-11-07 | 6.77% |
| 2025-11-06 | 6.78% |
| 2025-11-05 | 6.78% |
| 2025-11-04 | 6.77% |
| 2025-11-03 | 6.77% |
| 2025-10-31 | 6.78% |
| 2025-10-30 | 6.77% |
| 2025-10-29 | 6.77% |
| 2025-10-28 | 6.77% |
| 2025-10-27 | 6.77% |
| 2025-10-24 | 6.78% |
| 2025-10-23 | 6.77% |
| 2025-10-22 | 6.77% |
| 2025-10-21 | 6.77% |
| 2025-10-20 | 6.57% |
| 2025-10-17 | 6.58% |
| 2025-10-16 | 6.58% |
| 2025-10-15 | 6.58% |
| 2025-10-14 | 6.57% |
| 2025-10-13 | 6.58% |
| 2025-10-10 | 6.58% |
| 2025-10-09 | 6.57% |
| 2025-10-08 | 6.58% |
| 2025-10-07 | 6.58% |
| 2025-10-06 | 6.58% |
| 2025-10-03 | 6.57% |
| 2025-10-02 | 6.58% |
| 2025-10-01 | 6.58% |
| 2025-09-30 | 6.58% |
| 2025-09-29 | 6.58% |
| 2025-09-26 | 6.58% |
| 2025-09-25 | 6.58% |
| 2025-09-24 | 6.57% |
| 2025-09-23 | 6.58% |
| 2025-09-22 | 6.58% |
| 2025-09-19 | 6.58% |
| 2025-09-18 | 6.58% |
| 2025-09-17 | 6.58% |
| 2025-09-16 | 8.08% |
| 2025-09-15 | 6.43% |
| 2025-09-12 | 6.43% |
| 2025-09-11 | 6.43% |
| 2025-09-10 | 6.43% |
| 2025-09-09 | 6.43% |
| 2025-09-08 | 6.43% |
| 2025-09-05 | 6.43% |
| 2025-09-04 | 6.42% |
| 2025-09-03 | 6.43% |
| 2025-09-02 | 6.43% |
| 2025-08-29 | 6.43% |
| 2025-08-28 | 6.43% |
| 2025-08-27 | 6.43% |
| 2025-08-26 | 6.43% |
| 2025-08-25 | 6.43% |
| 2025-08-22 | 6.43% |
| 2025-08-21 | 6.43% |
| 2025-08-20 | 6.43% |
| 2025-08-19 | 6.43% |
| 2025-08-18 | 6.43% |
| 2025-08-15 | 6.43% |
| 2025-08-14 | 6.43% |
| 2025-08-13 | 6.43% |
| 2025-08-12 | 6.43% |
| 2025-08-11 | 6.42% |
| 2025-08-08 | 6.43% |
| 2025-08-07 | 6.43% |
| 2025-08-06 | 6.43% |
| 2025-08-05 | 6.42% |
| 2025-08-04 | 6.43% |
| 2025-08-01 | 6.43% |
| 2025-07-31 | 6.43% |
| 2025-07-30 | 6.43% |
| 2025-07-29 | 6.43% |
| 2025-07-28 | 6.43% |
| 2025-07-25 | 6.43% |
Showing the most recent 260 of 1,996 data points. The chart above shows the full history.
| 9.6% |
| 2019 | $3.67 | $0.45 | 12.3% |
| 2018 | $3.60 | $0.38 | 10.6% |
| 2017 | $1.45 | $0.36 | 24.8% |
| 2016 | $1.76 | $0.36 | 20.5% |
| 2015 | $1.38 | $0.33 | 23.9% |
| 2014 | $1.27 | $0.23 | 18.1% |
| 2013 | $6.79 | $0.15 | 2.2% |
| 2012 | $0.54 | $0.00 | 0.0% |
| 2011 | ($0.55) | $0.00 | N/A (Loss) |
| 2010 | ($2.87) | $0.00 | N/A (Loss) |
| 2009 | ($4.31) | $0.00 | N/A (Loss) |
| 2008 | ($5.81) | $0.16 | N/A (Loss) |
| 2007 | ($8.94) | $0.16 | N/A (Loss) |
| 2006 | $2.73 | $0.16 | 5.9% |
| 2005 | $5.84 | $0.13 | 2.2% |
| 2004 | $3.91 | $0.10 | 2.6% |
| 2003 | $2.56 | $0.06 | 2.1% |
| 2002 | $1.88 | $0.04 | 2.1% |
| 2001 | $1.53 | $0.04 | 2.6% |
| 2000 | $1.14 | $0.04 | 3.5% |
| 1999 | $1.03 | $0.04 | 3.9% |
| 1998 | $0.60 | $0.04 | 6.3% |
| 1997 | $0.30 | $0.03 | 10.0% |
| 1996 | $0.90 | $0.03 | 3.3% |
