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 79.31% is in line with its 5-year average of 75.99%, near the low end of its 5-year range (31.50%–283.49%).
As of Monday, October 5, 2026. 13.56% above its 12-month average of 69.84%.
Dividend Payout Ratio (79.31%) = TTM Dividends/Share ($3.68) / TTM EPS ($4.64)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
79.31%
DIVIDEND PAYOUT RATIO AVG TTM
69.84%
DIVIDEND PAYOUT RATIO AVG 3Y
76.75%
DIVIDEND PAYOUT RATIO AVG 5Y
75.99%
DIVIDEND PAYOUT RATIO AVG 10Y
66.69%
DIVIDEND PAYOUT RATIO AVG 15Y
66.93%
DIVIDEND PAYOUT RATIO AVG 20Y
58.95%
CURRENT VS TTM AVG
+13.56%
CURRENT VS 3Y AVG
+3.33%
CURRENT VS 5Y AVG
+4.37%
CURRENT VS 10Y AVG
+18.93%
CURRENT VS 15Y AVG
+18.50%
CURRENT VS 20Y AVG
+34.53%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $6.72 | $3.64 | 54.2% |
| 2024-12-31 | $4.79 | $3.60 | 75.2% |
| 2023-12-31 | $1.28 | $3.60 | 281.3% |
| 2022-12-31 | $3.17 | $3.60 | 113.6% |
| 2021-12-31 | $8.85 | $3.60 | 40.7% |
| 2020-12-31 | $9.25 |
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 | 79.31% |
| 2026-10-02 | 79.32% |
| 2026-10-01 | 79.30% |
| 2026-09-30 | 79.30% |
| 2026-09-29 | 79.30% |
| 2026-09-28 | 79.31% |
| 2026-09-25 | 79.32% |
| 2026-09-24 | 79.32% |
| 2026-09-23 | 79.32% |
| 2026-09-22 | 79.32% |
| 2026-09-21 | 79.32% |
| 2026-09-18 | 79.32% |
| 2026-09-17 | 79.30% |
| 2026-09-16 | 79.32% |
| 2026-09-15 | 79.32% |
| 2026-09-14 | 79.30% |
| 2026-09-11 | 79.31% |
| 2026-09-10 | 79.32% |
| 2026-09-09 | 79.31% |
| 2026-09-08 | 79.32% |
| 2026-09-04 | 79.31% |
| 2026-09-03 | 79.31% |
| 2026-09-02 | 79.30% |
| 2026-09-01 | 99.13% |
| 2026-08-31 | 79.32% |
| 2026-08-28 | 79.32% |
| 2026-08-27 | 79.32% |
| 2026-08-26 | 79.32% |
| 2026-08-25 | 79.32% |
| 2026-08-24 | 79.31% |
| 2026-08-21 | 79.33% |
| 2026-08-20 | 79.29% |
| 2026-08-19 | 79.31% |
| 2026-08-18 | 79.32% |
| 2026-08-17 | 79.33% |
| 2026-08-14 | 79.30% |
| 2026-08-13 | 79.30% |
| 2026-08-12 | 79.31% |
| 2026-08-11 | 79.33% |
| 2026-08-10 | 79.29% |
| 2026-08-07 | 87.00% |
| 2026-08-06 | 87.00% |
| 2026-08-05 | 87.00% |
| 2026-08-04 | 86.99% |
| 2026-08-03 | 86.98% |
| 2026-07-31 | 86.99% |
| 2026-07-30 | 86.98% |
| 2026-07-29 | 86.99% |
| 2026-07-28 | 87.01% |
| 2026-07-27 | 87.00% |
| 2026-07-24 | 87.01% |
| 2026-07-23 | 86.98% |
| 2026-07-22 | 87.00% |
| 2026-07-21 | 87.00% |
| 2026-07-20 | 87.00% |
| 2026-07-17 | 87.01% |
| 2026-07-16 | 87.02% |
| 2026-07-15 | 86.98% |
| 2026-07-14 | 87.01% |
| 2026-07-13 | 87.00% |
| 2026-07-10 | 87.00% |
| 2026-07-09 | 87.00% |
| 2026-07-08 | 86.98% |
| 2026-07-07 | 87.02% |
| 2026-07-06 | 86.99% |
| 2026-07-02 | 86.98% |
| 2026-07-01 | 87.01% |
| 2026-06-30 | 87.01% |
| 2026-06-29 | 87.01% |
| 2026-06-26 | 87.00% |
| 2026-06-25 | 87.01% |
| 2026-06-24 | 86.99% |
| 2026-06-23 | 87.02% |
| 2026-06-22 | 87.02% |
| 2026-06-18 | 86.98% |
| 2026-06-17 | 87.02% |
| 2026-06-16 | 86.98% |
| 2026-06-15 | 86.98% |
| 2026-06-12 | 87.02% |
| 2026-06-11 | 86.99% |
| 2026-06-10 | 86.98% |
| 2026-06-09 | 87.01% |
| 2026-06-08 | 86.98% |
| 2026-06-05 | 86.99% |
| 2026-06-04 | 87.02% |
| 2026-06-03 | 86.99% |
| 2026-06-02 | 87.02% |
| 2026-06-01 | 108.29% |
| 2026-05-29 | 86.53% |
| 2026-05-28 | 86.53% |
| 2026-05-27 | 86.54% |
| 2026-05-26 | 86.55% |
| 2026-05-22 | 86.52% |
| 2026-05-21 | 86.51% |
| 2026-05-20 | 86.54% |
| 2026-05-19 | 86.51% |
| 2026-05-18 | 86.50% |
| 2026-05-15 | 86.51% |
| 2026-05-14 | 86.55% |
| 2026-05-13 | 86.54% |
| 2026-05-12 | 86.51% |
| 2026-05-11 | 86.53% |
| 2026-05-08 | 54.62% |
| 2026-05-07 | 54.65% |
| 2026-05-06 | 54.63% |
| 2026-05-05 | 54.61% |
| 2026-05-04 | 54.64% |
| 2026-05-01 | 54.64% |
| 2026-04-30 | 54.64% |
| 2026-04-29 | 54.62% |
| 2026-04-28 | 54.65% |
| 2026-04-27 | 54.60% |
| 2026-04-24 | 54.63% |
| 2026-04-23 | 54.63% |
| 2026-04-22 | 54.63% |
| 2026-04-21 | 54.64% |
| 2026-04-20 | 54.65% |
| 2026-04-17 | 54.64% |
| 2026-04-16 | 54.62% |
| 2026-04-15 | 54.61% |
| 2026-04-14 | 54.61% |
| 2026-04-13 | 54.61% |
| 2026-04-10 | 54.64% |
| 2026-04-09 | 54.64% |
| 2026-04-08 | 54.60% |
| 2026-04-07 | 54.63% |
| 2026-04-06 | 54.63% |
| 2026-04-02 | 54.62% |
| 2026-04-01 | 54.60% |
| 2026-03-31 | 54.62% |
| 2026-03-30 | 54.62% |
| 2026-03-27 | 54.62% |
| 2026-03-26 | 54.63% |
| 2026-03-25 | 54.63% |
| 2026-03-24 | 54.61% |
| 2026-03-23 | 54.62% |
| 2026-03-20 | 54.65% |
| 2026-03-19 | 54.65% |
| 2026-03-18 | 54.64% |
| 2026-03-17 | 54.63% |
| 2026-03-16 | 54.60% |
| 2026-03-13 | 54.62% |
| 2026-03-12 | 54.64% |
| 2026-03-11 | 54.64% |
| 2026-03-10 | 54.60% |
| 2026-03-09 | 54.61% |
| 2026-03-06 | 54.61% |
| 2026-03-05 | 54.64% |
| 2026-03-04 | 54.62% |
| 2026-03-03 | 54.63% |
| 2026-03-02 | 68.08% |
| 2026-02-27 | 61.89% |
| 2026-02-26 | 61.89% |
| 2026-02-25 | 61.89% |
| 2026-02-24 | 61.90% |
| 2026-02-23 | 61.89% |
| 2026-02-20 | 61.92% |
| 2026-02-19 | 61.91% |
| 2026-02-18 | 61.91% |
| 2026-02-17 | 61.91% |
| 2026-02-13 | 61.90% |
| 2026-02-12 | 61.92% |
| 2026-02-11 | 61.89% |
| 2026-02-10 | 61.92% |
| 2026-02-09 | 61.88% |
| 2026-02-06 | 61.89% |
| 2026-02-05 | 61.93% |
| 2026-02-04 | 61.93% |
| 2026-02-03 | 61.90% |
| 2026-02-02 | 61.89% |
| 2026-01-30 | 61.88% |
| 2026-01-29 | 61.92% |
| 2026-01-28 | 61.90% |
| 2026-01-27 | 61.92% |
| 2026-01-26 | 61.89% |
| 2026-01-23 | 61.89% |
| 2026-01-22 | 61.93% |
| 2026-01-21 | 61.91% |
| 2026-01-20 | 61.92% |
| 2026-01-16 | 61.91% |
| 2026-01-15 | 61.91% |
| 2026-01-14 | 61.90% |
| 2026-01-13 | 61.91% |
| 2026-01-12 | 61.91% |
| 2026-01-09 | 61.89% |
| 2026-01-08 | 61.88% |
| 2026-01-07 | 61.90% |
| 2026-01-06 | 61.91% |
| 2026-01-05 | 61.89% |
| 2026-01-02 | 61.92% |
| 2025-12-31 | 61.90% |
| 2025-12-30 | 61.92% |
| 2025-12-29 | 61.92% |
| 2025-12-26 | 61.89% |
| 2025-12-24 | 61.92% |
| 2025-12-23 | 61.88% |
| 2025-12-22 | 61.90% |
| 2025-12-19 | 61.92% |
| 2025-12-18 | 61.90% |
| 2025-12-17 | 61.92% |
| 2025-12-16 | 61.89% |
| 2025-12-15 | 61.89% |
| 2025-12-12 | 61.93% |
| 2025-12-11 | 61.91% |
| 2025-12-10 | 61.88% |
| 2025-12-09 | 61.90% |
| 2025-12-08 | 61.91% |
| 2025-12-05 | 61.92% |
| 2025-12-04 | 61.89% |
| 2025-12-03 | 61.93% |
| 2025-12-02 | 61.91% |
| 2025-12-01 | 77.19% |
| 2025-11-28 | 61.57% |
| 2025-11-26 | 61.59% |
| 2025-11-25 | 61.57% |
| 2025-11-24 | 61.55% |
| 2025-11-21 | 61.59% |
| 2025-11-20 | 61.56% |
| 2025-11-19 | 61.57% |
| 2025-11-18 | 61.55% |
| 2025-11-17 | 61.58% |
| 2025-11-14 | 61.58% |
| 2025-11-13 | 61.54% |
| 2025-11-12 | 61.58% |
| 2025-11-11 | 61.55% |
| 2025-11-10 | 61.59% |
| 2025-11-07 | 63.40% |
| 2025-11-06 | 63.40% |
| 2025-11-05 | 63.41% |
| 2025-11-04 | 63.38% |
| 2025-11-03 | 63.40% |
| 2025-10-31 | 63.41% |
| 2025-10-30 | 63.42% |
| 2025-10-29 | 63.41% |
| 2025-10-28 | 63.39% |
| 2025-10-27 | 63.41% |
| 2025-10-24 | 63.39% |
| 2025-10-23 | 63.41% |
| 2025-10-22 | 63.39% |
| 2025-10-21 | 63.42% |
| 2025-10-20 | 63.39% |
| 2025-10-17 | 63.39% |
| 2025-10-16 | 63.38% |
| 2025-10-15 | 63.40% |
| 2025-10-14 | 63.40% |
| 2025-10-13 | 63.41% |
| 2025-10-10 | 63.40% |
| 2025-10-09 | 63.40% |
| 2025-10-08 | 63.42% |
| 2025-10-07 | 63.38% |
| 2025-10-06 | 63.38% |
| 2025-10-03 | 63.40% |
| 2025-10-02 | 63.40% |
| 2025-10-01 | 63.41% |
| 2025-09-30 | 63.40% |
| 2025-09-29 | 63.39% |
| 2025-09-26 | 63.41% |
| 2025-09-25 | 63.40% |
| 2025-09-24 | 63.37% |
| 2025-09-23 | 63.40% |
Showing the most recent 260 of 2,558 data points. The chart above shows the full history.
| $3.60 |
| 38.9% |
| 2019-12-31 | $6.52 | $3.40 | 52.1% |
| 2018-12-31 | $5.52 | $3.20 | 58.0% |
| 2017-12-31 | $4.13 | $3.00 | 72.6% |
| 2016-12-31 | $4.29 | $2.80 | 65.3% |
| 2015-12-31 | ($0.93) | $2.80 | N/A (Loss) |
| 2014-12-31 | $3.93 | $2.60 | 66.2% |
| 2013-12-31 | $4.00 | $2.40 | 60.0% |
| 2012-12-31 | $3.80 | $2.20 | 57.9% |
| 2011-12-31 | $0.90 | $2.00 | 222.2% |
| 2010-12-31 | $3.74 | $1.80 | 48.1% |
| 2009-12-31 | $3.49 | $1.60 | 45.8% |
| 2008-12-31 | $4.38 | $1.60 | 36.5% |
| 2007-12-31 | $5.46 | $1.30 | 23.8% |
| 2006-12-31 | $7.07 | $0.86 | 12.2% |
| 2005-12-31 | $6.11 | $0.60 | 9.8% |
| 2004-12-31 | $2.94 | $0.44 | 15.0% |
| 2003-12-31 | $1.87 | $0.34 | 18.2% |
