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 67.99% is 22% below its 4-year average of 86.78%, near the low end of its 4-year range (63.85%–170.02%).
As of Sunday, August 2, 2026. 3.60% below its 12-month average of 70.53%.
Dividend Payout Ratio (67.99%) = TTM Dividends/Share ($1.11) / TTM EPS ($1.64)
DIVIDEND PAYOUT RATIO
67.99%
DIVIDEND PAYOUT RATIO AVG TTM
70.53%
DIVIDEND PAYOUT RATIO AVG 3Y
79.80%
DIVIDEND PAYOUT RATIO AVG 5Y
82.64%
DIVIDEND PAYOUT RATIO AVG 10Y
77.01%
DIVIDEND PAYOUT RATIO AVG 15Y
75.69%
DIVIDEND PAYOUT RATIO AVG 20Y
74.70%
CURRENT VS TTM AVG
-3.60%
CURRENT VS 3Y AVG
-14.80%
CURRENT VS 5Y AVG
-17.73%
CURRENT VS 10Y AVG
-11.71%
CURRENT VS 15Y AVG
-10.18%
CURRENT VS 20Y AVG
-8.99%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $1.59 | $1.09 | 68.6% |
| 2024 | $1.20 | $1.03 | 85.8% |
| 2023 | $1.00 | $0.96 | 96.0% |
| 2022 | $1.02 | $0.88 | 85.8% |
| 2021 | ($1.93) | $1.66 | N/A (Loss) |
| 2020 | $1.91 | $1.66 |
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 |
|---|---|
| 2026-07-31 | 67.99% |
| 2026-07-30 | 67.98% |
| 2026-07-29 | 67.99% |
| 2026-07-28 | 67.98% |
| 2026-07-27 | 68.00% |
| 2026-07-24 | 68.00% |
| 2026-07-23 | 68.00% |
| 2026-07-22 | 67.98% |
| 2026-07-21 | 67.98% |
| 2026-07-20 | 67.98% |
| 2026-07-17 | 67.99% |
| 2026-07-16 | 67.98% |
| 2026-07-15 | 67.97% |
| 2026-07-14 | 67.98% |
| 2026-07-13 | 67.98% |
| 2026-07-10 | 68.00% |
| 2026-07-09 | 67.98% |
| 2026-07-08 | 68.00% |
| 2026-07-07 | 67.99% |
| 2026-07-06 | 67.99% |
| 2026-07-02 | 67.98% |
| 2026-07-01 | 67.99% |
| 2026-06-30 | 67.97% |
| 2026-06-29 | 67.98% |
| 2026-06-26 | 67.98% |
| 2026-06-25 | 67.98% |
| 2026-06-24 | 67.98% |
| 2026-06-23 | 67.99% |
| 2026-06-22 | 67.98% |
| 2026-06-18 | 67.98% |
| 2026-06-17 | 67.98% |
| 2026-06-16 | 67.98% |
| 2026-06-15 | 67.97% |
| 2026-06-12 | 67.99% |
| 2026-06-11 | 67.98% |
| 2026-06-10 | 68.00% |
| 2026-06-09 | 67.23% |
| 2026-06-08 | 67.21% |
| 2026-06-05 | 67.22% |
| 2026-06-04 | 67.23% |
| 2026-06-03 | 67.21% |
| 2026-06-02 | 67.23% |
| 2026-06-01 | 67.23% |
| 2026-05-29 | 67.23% |
| 2026-05-28 | 67.22% |
| 2026-05-27 | 67.21% |
| 2026-05-26 | 67.21% |
| 2026-05-22 | 67.24% |
| 2026-05-21 | 67.21% |
| 2026-05-20 | 67.23% |
| 2026-05-19 | 67.21% |
| 2026-05-18 | 67.23% |
| 2026-05-15 | 67.23% |
| 2026-05-14 | 67.23% |
| 2026-05-13 | 67.23% |
| 2026-05-12 | 67.21% |
| 2026-05-11 | 67.23% |
| 2026-05-08 | 67.24% |
| 2026-05-07 | 67.22% |
| 2026-05-06 | 67.23% |
| 2026-05-05 | 67.21% |
| 2026-05-04 | 67.23% |
| 2026-05-01 | 67.23% |
| 2026-04-30 | 67.23% |
| 2026-04-29 | 67.22% |
| 2026-04-28 | 67.21% |
| 2026-04-27 | 67.22% |
| 2026-04-24 | 67.23% |
| 2026-04-23 | 67.23% |
| 2026-04-22 | 67.24% |
| 2026-04-21 | 67.23% |
| 2026-04-20 | 67.24% |
| 2026-04-17 | 67.22% |
| 2026-04-16 | 67.23% |
| 2026-04-15 | 67.23% |
| 2026-04-14 | 67.22% |
| 2026-04-13 | 67.24% |
| 2026-04-10 | 67.23% |
| 2026-04-09 | 67.21% |
| 2026-04-08 | 67.22% |
| 2026-04-07 | 67.24% |
| 2026-04-06 | 67.23% |
| 2026-04-02 | 67.22% |
| 2026-04-01 | 67.24% |
| 2026-03-31 | 67.22% |
| 2026-03-30 | 67.22% |
| 2026-03-27 | 68.90% |
| 2026-03-26 | 68.90% |
| 2026-03-25 | 68.92% |
| 2026-03-24 | 68.90% |
| 2026-03-23 | 68.90% |
| 2026-03-20 | 68.89% |
| 2026-03-19 | 68.90% |
| 2026-03-18 | 68.90% |
| 2026-03-17 | 68.91% |
| 2026-03-16 | 68.90% |
| 2026-03-13 | 68.91% |
| 2026-03-12 | 68.90% |
| 2026-03-11 | 68.92% |
| 2026-03-10 | 68.91% |
| 2026-03-09 | 68.11% |
| 2026-03-06 | 68.11% |
| 2026-03-05 | 68.14% |
| 2026-03-04 | 68.13% |
| 2026-03-03 | 68.14% |
| 2026-03-02 | 68.14% |
| 2026-02-27 | 68.12% |
| 2026-02-26 | 68.14% |
| 2026-02-25 | 68.14% |
| 2026-02-24 | 68.11% |
| 2026-02-23 | 68.13% |
| 2026-02-20 | 68.12% |
| 2026-02-19 | 68.14% |
| 2026-02-18 | 68.14% |
| 2026-02-17 | 68.12% |
| 2026-02-13 | 68.13% |
| 2026-02-12 | 68.12% |
| 2026-02-11 | 68.12% |
| 2026-02-10 | 68.11% |
| 2026-02-09 | 68.12% |
| 2026-02-06 | 68.12% |
| 2026-02-05 | 68.11% |
| 2026-02-04 | 68.14% |
| 2026-02-03 | 68.13% |
| 2026-02-02 | 68.13% |
| 2026-01-30 | 68.14% |
| 2026-01-29 | 68.11% |
| 2026-01-28 | 68.13% |
| 2026-01-27 | 68.12% |
| 2026-01-26 | 68.12% |
| 2026-01-23 | 68.12% |
| 2026-01-22 | 68.11% |
| 2026-01-21 | 68.13% |
| 2026-01-20 | 68.13% |
| 2026-01-16 | 68.13% |
| 2026-01-15 | 68.13% |
| 2026-01-14 | 68.14% |
| 2026-01-13 | 68.12% |
| 2026-01-12 | 68.12% |
| 2026-01-09 | 68.13% |
| 2026-01-08 | 68.13% |
| 2026-01-07 | 68.14% |
| 2026-01-06 | 68.14% |
| 2026-01-05 | 68.13% |
| 2026-01-02 | 68.11% |
| 2025-12-31 | 68.13% |
| 2025-12-30 | 73.64% |
| 2025-12-29 | 73.66% |
| 2025-12-26 | 73.64% |
| 2025-12-24 | 73.65% |
| 2025-12-23 | 73.65% |
| 2025-12-22 | 73.64% |
| 2025-12-19 | 73.65% |
| 2025-12-18 | 73.65% |
| 2025-12-17 | 73.64% |
| 2025-12-16 | 73.65% |
| 2025-12-15 | 73.65% |
| 2025-12-12 | 73.66% |
| 2025-12-11 | 73.65% |
| 2025-12-10 | 73.64% |
| 2025-12-09 | 72.64% |
| 2025-12-08 | 72.65% |
| 2025-12-05 | 72.64% |
| 2025-12-04 | 72.63% |
| 2025-12-03 | 72.63% |
| 2025-12-02 | 72.64% |
| 2025-12-01 | 72.64% |
| 2025-11-28 | 72.63% |
| 2025-11-26 | 72.62% |
| 2025-11-25 | 72.63% |
| 2025-11-24 | 72.64% |
| 2025-11-21 | 72.65% |
| 2025-11-20 | 72.62% |
| 2025-11-19 | 72.63% |
| 2025-11-18 | 72.65% |
| 2025-11-17 | 72.62% |
| 2025-11-14 | 72.64% |
| 2025-11-13 | 72.65% |
| 2025-11-12 | 72.64% |
| 2025-11-11 | 72.65% |
| 2025-11-10 | 72.63% |
| 2025-11-07 | 72.65% |
| 2025-11-06 | 72.63% |
| 2025-11-05 | 72.62% |
| 2025-11-04 | 72.63% |
| 2025-11-03 | 72.63% |
| 2025-10-31 | 72.65% |
| 2025-10-30 | 72.64% |
| 2025-10-29 | 72.64% |
| 2025-10-28 | 72.64% |
| 2025-10-27 | 72.63% |
| 2025-10-24 | 72.65% |
| 2025-10-23 | 72.63% |
| 2025-10-22 | 72.64% |
| 2025-10-21 | 72.63% |
| 2025-10-20 | 72.63% |
| 2025-10-17 | 72.64% |
| 2025-10-16 | 72.64% |
| 2025-10-15 | 72.65% |
| 2025-10-14 | 72.63% |
| 2025-10-13 | 72.64% |
| 2025-10-10 | 72.65% |
| 2025-10-09 | 72.64% |
| 2025-10-08 | 72.65% |
| 2025-10-07 | 72.63% |
| 2025-10-06 | 72.63% |
| 2025-10-03 | 72.64% |
| 2025-10-02 | 72.62% |
| 2025-10-01 | 72.63% |
| 2025-09-30 | 72.64% |
| 2025-09-29 | 80.22% |
| 2025-09-26 | 80.22% |
| 2025-09-25 | 80.24% |
| 2025-09-24 | 80.23% |
| 2025-09-23 | 80.23% |
| 2025-09-22 | 80.21% |
| 2025-09-19 | 80.21% |
| 2025-09-18 | 80.22% |
| 2025-09-17 | 80.21% |
| 2025-09-16 | 80.24% |
| 2025-09-15 | 80.21% |
| 2025-09-12 | 80.24% |
| 2025-09-11 | 80.22% |
| 2025-09-10 | 80.23% |
| 2025-09-09 | 79.09% |
| 2025-09-08 | 79.09% |
| 2025-09-05 | 79.12% |
| 2025-09-04 | 79.11% |
| 2025-09-03 | 79.10% |
| 2025-09-02 | 79.11% |
| 2025-08-29 | 79.11% |
| 2025-08-28 | 79.09% |
| 2025-08-27 | 79.11% |
| 2025-08-26 | 79.09% |
| 2025-08-25 | 79.12% |
| 2025-08-22 | 79.11% |
| 2025-08-21 | 79.10% |
| 2025-08-20 | 79.11% |
| 2025-08-19 | 79.10% |
| 2025-08-18 | 79.09% |
| 2025-08-15 | 79.12% |
| 2025-08-14 | 79.10% |
| 2025-08-13 | 79.10% |
| 2025-08-12 | 79.11% |
| 2025-08-11 | 79.09% |
| 2025-08-08 | 79.11% |
| 2025-08-07 | 79.10% |
| 2025-08-06 | 79.11% |
| 2025-08-05 | 79.10% |
| 2025-08-04 | 79.10% |
| 2025-08-01 | 79.10% |
| 2025-07-31 | 79.09% |
| 2025-07-30 | 79.12% |
| 2025-07-29 | 79.09% |
| 2025-07-28 | 79.11% |
| 2025-07-25 | 79.10% |
| 2025-07-24 | 79.11% |
| 2025-07-23 | 79.10% |
| 2025-07-22 | 79.10% |
| 2025-07-21 | 79.09% |
Showing the most recent 260 of 2,528 data points. The chart above shows the full history.
| 86.9% |
| 2019 | $2.39 | $1.65 | 69.0% |
| 2018 | $2.59 | $1.64 | 63.3% |
| 2017 | $1.64 | $1.58 | 96.3% |
| 2016 | $2.80 | $1.52 | 54.3% |
| 2015 | $1.01 | $1.47 | 146.0% |
| 2014 | $2.64 | $1.39 | 52.6% |
| 2013 | $1.85 | $1.37 | 74.0% |
| 2012 | $2.61 | $1.34 | 51.4% |
| 2011 | $2.61 | $1.30 | 50.0% |
| 2010 | $2.17 | $1.30 | 60.1% |
| 2009 | $1.08 | $1.29 | 119.0% |
| 2008 | $2.48 | $1.25 | 50.3% |
| 2007 | $3.39 | $1.14 | 33.5% |
| 2006 | $2.27 | $1.02 | 45.1% |
| 2005 | $1.67 | $1.13 | 67.5% |
| 2004 | $1.89 | $0.76 | 40.4% |
| 2003 | $2.22 | $0.72 | 32.3% |
| 2002 | $0.69 | $0.67 | 97.2% |
| 2001 | $0.61 | $0.49 | 80.9% |
| 2000 | $1.73 | $0.49 | 28.5% |
| 1999 | $1.42 | $0.47 | 32.8% |
| 1998 | ($1.73) | $1.34 | N/A (Loss) |
| 1997 | $0.90 | $0.78 | 86.5% |
| 1996 | $1.02 | $0.78 | 76.3% |
