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 49.65% is 28% below its 5-year average of 68.55%, near the low end of its 5-year range (40.86%–141.05%).
As of Friday, September 4, 2026. 7.29% below its 12-month average of 53.55%.
Dividend Payout Ratio (49.65%) = TTM Dividends/Share ($2.82) / TTM EPS ($5.68)
DIVIDEND PAYOUT RATIO
49.65%
DIVIDEND PAYOUT RATIO AVG TTM
53.55%
DIVIDEND PAYOUT RATIO AVG 3Y
64.46%
DIVIDEND PAYOUT RATIO AVG 5Y
68.55%
DIVIDEND PAYOUT RATIO AVG 10Y
52.25%
DIVIDEND PAYOUT RATIO AVG 15Y
41.94%
DIVIDEND PAYOUT RATIO AVG 20Y
34.78%
CURRENT VS TTM AVG
-7.29%
CURRENT VS 3Y AVG
-22.97%
CURRENT VS 5Y AVG
-27.58%
CURRENT VS 10Y AVG
-4.98%
CURRENT VS 15Y AVG
+18.37%
CURRENT VS 20Y AVG
+42.76%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $5.02 | $2.67 | 53.2% |
| 2024-12-31 | $3.58 | $2.48 | 69.3% |
| 2023-12-31 | $2.24 | $2.32 | 103.6% |
| 2022-12-31 | $3.52 | $2.16 | 61.4% |
| 2021-12-31 | $2.57 | $2.00 | 78.0% |
| 2020-12-31 | ($2.59) |
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 |
|---|---|
| 2026-09-04 | 49.65% |
| 2026-09-03 | 49.65% |
| 2026-09-02 | 49.65% |
| 2026-09-01 | 49.65% |
| 2026-08-31 | 49.64% |
| 2026-08-28 | 49.64% |
| 2026-08-27 | 49.65% |
| 2026-08-26 | 49.64% |
| 2026-08-25 | 49.65% |
| 2026-08-24 | 49.64% |
| 2026-08-21 | 49.65% |
| 2026-08-20 | 49.65% |
| 2026-08-19 | 49.64% |
| 2026-08-18 | 49.65% |
| 2026-08-17 | 49.65% |
| 2026-08-14 | 61.63% |
| 2026-08-13 | 48.77% |
| 2026-08-12 | 48.77% |
| 2026-08-11 | 48.77% |
| 2026-08-10 | 48.77% |
| 2026-08-07 | 48.77% |
| 2026-08-06 | 48.76% |
| 2026-08-05 | 48.77% |
| 2026-08-04 | 48.77% |
| 2026-08-03 | 48.76% |
| 2026-07-31 | 48.77% |
| 2026-07-30 | 48.76% |
| 2026-07-29 | 48.77% |
| 2026-07-28 | 48.76% |
| 2026-07-27 | 48.76% |
| 2026-07-24 | 48.76% |
| 2026-07-23 | 48.76% |
| 2026-07-22 | 51.97% |
| 2026-07-21 | 51.98% |
| 2026-07-20 | 51.97% |
| 2026-07-17 | 51.98% |
| 2026-07-16 | 51.98% |
| 2026-07-15 | 51.97% |
| 2026-07-14 | 51.97% |
| 2026-07-13 | 51.98% |
| 2026-07-10 | 51.97% |
| 2026-07-09 | 51.97% |
| 2026-07-08 | 51.97% |
| 2026-07-07 | 51.97% |
| 2026-07-06 | 51.97% |
| 2026-07-02 | 51.97% |
| 2026-07-01 | 51.97% |
| 2026-06-30 | 51.97% |
| 2026-06-29 | 51.98% |
| 2026-06-26 | 51.97% |
| 2026-06-25 | 51.97% |
| 2026-06-24 | 51.97% |
| 2026-06-23 | 51.97% |
| 2026-06-22 | 51.96% |
| 2026-06-18 | 51.97% |
| 2026-06-17 | 51.97% |
| 2026-06-16 | 51.97% |
| 2026-06-15 | 51.96% |
| 2026-06-12 | 51.96% |
| 2026-06-11 | 51.97% |
| 2026-06-10 | 51.98% |
| 2026-06-09 | 51.96% |
| 2026-06-08 | 51.97% |
| 2026-06-05 | 51.97% |
| 2026-06-04 | 51.97% |
| 2026-06-03 | 51.96% |
| 2026-06-02 | 51.96% |
| 2026-06-01 | 51.97% |
| 2026-05-29 | 51.97% |
| 2026-05-28 | 51.98% |
| 2026-05-27 | 51.97% |
| 2026-05-26 | 51.97% |
| 2026-05-22 | 64.73% |
| 2026-05-21 | 51.04% |
| 2026-05-20 | 51.02% |
| 2026-05-19 | 51.04% |
| 2026-05-18 | 51.03% |
| 2026-05-15 | 51.04% |
| 2026-05-14 | 51.03% |
| 2026-05-13 | 51.04% |
| 2026-05-12 | 51.03% |
| 2026-05-11 | 51.03% |
| 2026-05-08 | 51.04% |
| 2026-05-07 | 51.04% |
| 2026-05-06 | 51.03% |
| 2026-05-05 | 51.03% |
| 2026-05-04 | 51.03% |
| 2026-05-01 | 51.03% |
| 2026-04-30 | 51.03% |
| 2026-04-29 | 51.03% |
| 2026-04-28 | 51.03% |
| 2026-04-27 | 51.03% |
| 2026-04-24 | 51.03% |
| 2026-04-23 | 51.03% |
| 2026-04-22 | 51.03% |
| 2026-04-21 | 51.04% |
| 2026-04-20 | 54.83% |
| 2026-04-17 | 54.84% |
| 2026-04-16 | 54.84% |
| 2026-04-15 | 54.84% |
| 2026-04-14 | 54.84% |
| 2026-04-13 | 54.84% |
| 2026-04-10 | 54.84% |
| 2026-04-09 | 54.84% |
| 2026-04-08 | 54.83% |
| 2026-04-07 | 54.83% |
| 2026-04-06 | 54.84% |
| 2026-04-02 | 54.84% |
| 2026-04-01 | 54.84% |
| 2026-03-31 | 54.84% |
| 2026-03-30 | 54.84% |
| 2026-03-27 | 54.84% |
| 2026-03-26 | 54.84% |
| 2026-03-25 | 54.83% |
| 2026-03-24 | 54.83% |
| 2026-03-23 | 54.84% |
| 2026-03-20 | 54.84% |
| 2026-03-19 | 54.84% |
| 2026-03-18 | 54.84% |
| 2026-03-17 | 54.83% |
| 2026-03-16 | 54.83% |
| 2026-03-13 | 54.83% |
| 2026-03-12 | 54.84% |
| 2026-03-11 | 54.84% |
| 2026-03-10 | 54.83% |
| 2026-03-09 | 54.84% |
| 2026-03-06 | 54.84% |
| 2026-03-05 | 54.84% |
| 2026-03-04 | 54.84% |
| 2026-03-03 | 54.84% |
| 2026-03-02 | 54.83% |
| 2026-02-27 | 54.84% |
| 2026-02-26 | 54.83% |
| 2026-02-25 | 54.84% |
| 2026-02-24 | 54.84% |
| 2026-02-23 | 54.84% |
| 2026-02-20 | 67.53% |
| 2026-02-19 | 53.83% |
| 2026-02-18 | 53.83% |
| 2026-02-17 | 53.83% |
| 2026-02-13 | 53.82% |
| 2026-02-12 | 53.83% |
| 2026-02-11 | 53.83% |
| 2026-02-10 | 53.83% |
| 2026-02-09 | 53.82% |
| 2026-02-06 | 53.83% |
| 2026-02-05 | 54.83% |
| 2026-02-04 | 54.83% |
| 2026-02-03 | 54.83% |
| 2026-02-02 | 54.82% |
| 2026-01-30 | 54.83% |
| 2026-01-29 | 54.82% |
| 2026-01-28 | 54.83% |
| 2026-01-27 | 54.82% |
| 2026-01-26 | 54.82% |
| 2026-01-23 | 54.82% |
| 2026-01-22 | 54.83% |
| 2026-01-21 | 54.82% |
| 2026-01-20 | 54.83% |
| 2026-01-16 | 54.82% |
| 2026-01-15 | 54.82% |
| 2026-01-14 | 54.83% |
| 2026-01-13 | 54.82% |
| 2026-01-12 | 54.82% |
| 2026-01-09 | 54.83% |
| 2026-01-08 | 54.82% |
| 2026-01-07 | 54.82% |
| 2026-01-06 | 54.83% |
| 2026-01-05 | 54.83% |
| 2026-01-02 | 54.83% |
| 2025-12-31 | 54.83% |
| 2025-12-30 | 54.82% |
| 2025-12-29 | 54.83% |
| 2025-12-26 | 54.82% |
| 2025-12-24 | 54.82% |
| 2025-12-23 | 54.82% |
| 2025-12-22 | 54.83% |
| 2025-12-19 | 54.82% |
| 2025-12-18 | 54.83% |
| 2025-12-17 | 54.83% |
| 2025-12-16 | 54.83% |
| 2025-12-15 | 54.82% |
| 2025-12-12 | 54.83% |
| 2025-12-11 | 54.82% |
| 2025-12-10 | 54.83% |
| 2025-12-09 | 54.82% |
| 2025-12-08 | 54.83% |
| 2025-12-05 | 54.82% |
| 2025-12-04 | 54.83% |
| 2025-12-03 | 54.83% |
| 2025-12-02 | 54.82% |
| 2025-12-01 | 54.82% |
| 2025-11-28 | 54.83% |
| 2025-11-26 | 54.82% |
| 2025-11-25 | 54.83% |
| 2025-11-24 | 54.83% |
| 2025-11-21 | 54.82% |
| 2025-11-20 | 40.86% |
| 2025-11-19 | 40.86% |
| 2025-11-18 | 40.87% |
| 2025-11-17 | 40.86% |
| 2025-11-14 | 53.80% |
| 2025-11-13 | 53.80% |
| 2025-11-12 | 53.80% |
| 2025-11-11 | 53.80% |
| 2025-11-10 | 53.80% |
| 2025-11-07 | 53.80% |
| 2025-11-06 | 53.79% |
| 2025-11-05 | 53.80% |
| 2025-11-04 | 53.80% |
| 2025-11-03 | 53.79% |
| 2025-10-31 | 53.79% |
| 2025-10-30 | 53.80% |
| 2025-10-29 | 53.79% |
| 2025-10-28 | 53.80% |
| 2025-10-27 | 53.79% |
| 2025-10-24 | 53.79% |
| 2025-10-23 | 53.80% |
| 2025-10-22 | 53.80% |
| 2025-10-21 | 53.80% |
| 2025-10-20 | 57.58% |
| 2025-10-17 | 57.58% |
| 2025-10-16 | 57.59% |
| 2025-10-15 | 57.59% |
| 2025-10-14 | 57.58% |
| 2025-10-13 | 57.58% |
| 2025-10-10 | 57.58% |
| 2025-10-09 | 57.58% |
| 2025-10-08 | 57.58% |
| 2025-10-07 | 57.58% |
| 2025-10-06 | 57.58% |
| 2025-10-03 | 57.58% |
| 2025-10-02 | 57.58% |
| 2025-10-01 | 57.59% |
| 2025-09-30 | 57.59% |
| 2025-09-29 | 57.58% |
| 2025-09-26 | 57.58% |
| 2025-09-25 | 57.59% |
| 2025-09-24 | 57.59% |
| 2025-09-23 | 57.58% |
| 2025-09-22 | 57.58% |
| 2025-09-19 | 57.59% |
| 2025-09-18 | 57.59% |
| 2025-09-17 | 57.58% |
| 2025-09-16 | 57.58% |
| 2025-09-15 | 57.59% |
| 2025-09-12 | 57.58% |
| 2025-09-11 | 57.59% |
| 2025-09-10 | 57.59% |
| 2025-09-09 | 57.58% |
| 2025-09-08 | 57.57% |
| 2025-09-05 | 57.58% |
| 2025-09-04 | 57.57% |
| 2025-09-03 | 57.58% |
| 2025-09-02 | 57.59% |
| 2025-08-29 | 57.59% |
| 2025-08-28 | 57.58% |
| 2025-08-27 | 57.58% |
| 2025-08-26 | 57.58% |
| 2025-08-25 | 57.59% |
Showing the most recent 260 of 2,528 data points. The chart above shows the full history.
| $1.89 |
| N/A (Loss) |
| 2019-12-31 | $6.48 | $1.85 | 28.6% |
| 2018-12-31 | $6.58 | $1.78 | 27.1% |
| 2017-12-31 | $5.76 | $1.71 | 29.7% |
| 2016-12-31 | $6.18 | $1.65 | 26.7% |
| 2015-12-31 | $8.72 | $1.61 | 18.5% |
| 2014-12-31 | $6.92 | $1.49 | 21.5% |
| 2013-12-31 | $6.35 | $1.38 | 21.8% |
| 2012-12-31 | $5.73 | $1.28 | 22.3% |
| 2011-12-31 | $5.58 | $1.17 | 21.0% |
| 2010-12-31 | $4.82 | $1.07 | 22.2% |
| 2009-12-31 | $4.17 | $0.97 | 23.2% |
| 2008-12-31 | $5.00 | $0.85 | 16.9% |
| 2007-12-31 | $4.38 | $0.74 | 16.8% |
| 2006-12-31 | $3.81 | $0.64 | 16.8% |
| 2005-12-31 | $3.10 | $0.55 | 17.9% |
| 2004-12-31 | $2.69 | $0.44 | 16.4% |
| 2003-12-31 | $4.93 | $0.36 | 7.2% |
| 2002-12-31 | $2.34 | $0.31 | 13.2% |
| 2001-12-31 | $2.03 | $0.28 | 14.0% |
| 2000-12-31 | $1.89 | $0.26 | 13.7% |
| 1999-12-31 | $1.61 | $0.23 | 14.5% |
| 1998-12-31 | $0.67 | $0.22 | 32.6% |
| 1997-12-31 | $0.56 | $0.20 | 34.8% |
| 1996-12-31 | $0.45 | $0.17 | 38.5% |
