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 75.50% is in line with its 5-year average of 73.54%, around the middle of its 5-year range (40.94%–142.01%).
As of Tuesday, September 8, 2026. 6.52% below its 12-month average of 80.76%.
Dividend Payout Ratio (75.50%) = TTM Dividends/Share ($2.61) / TTM EPS ($3.45)
DIVIDEND PAYOUT RATIO
75.50%
DIVIDEND PAYOUT RATIO AVG TTM
80.76%
DIVIDEND PAYOUT RATIO AVG 3Y
67.59%
DIVIDEND PAYOUT RATIO AVG 5Y
73.54%
DIVIDEND PAYOUT RATIO AVG 10Y
66.42%
DIVIDEND PAYOUT RATIO AVG 15Y
58.27%
DIVIDEND PAYOUT RATIO AVG 20Y
49.38%
CURRENT VS TTM AVG
-6.52%
CURRENT VS 3Y AVG
+11.69%
CURRENT VS 5Y AVG
+2.66%
CURRENT VS 10Y AVG
+13.66%
CURRENT VS 15Y AVG
+29.56%
CURRENT VS 20Y AVG
+52.89%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $2.75 | $2.58 | 93.8% |
| 2024-12-31 | $4.44 | $2.48 | 55.9% |
| 2023-12-31 | $4.81 | $2.38 | 49.5% |
| 2022-12-31 | $3.32 | $2.29 | 68.9% |
| 2021-12-31 | $2.01 | $2.20 | 109.4% |
| 2020-12-31 | $6.47 |
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 |
|---|---|
| 2026-09-08 | 75.50% |
| 2026-09-04 | 75.51% |
| 2026-09-03 | 75.50% |
| 2026-09-02 | 75.52% |
| 2026-09-01 | 75.50% |
| 2026-08-31 | 75.50% |
| 2026-08-28 | 75.51% |
| 2026-08-27 | 75.52% |
| 2026-08-26 | 75.51% |
| 2026-08-25 | 75.52% |
| 2026-08-24 | 75.50% |
| 2026-08-21 | 75.52% |
| 2026-08-20 | 75.51% |
| 2026-08-19 | 75.51% |
| 2026-08-18 | 75.51% |
| 2026-08-17 | 75.51% |
| 2026-08-14 | 75.52% |
| 2026-08-13 | 75.52% |
| 2026-08-12 | 75.49% |
| 2026-08-11 | 75.52% |
| 2026-08-10 | 75.51% |
| 2026-08-07 | 75.50% |
| 2026-08-06 | 75.51% |
| 2026-08-05 | 88.31% |
| 2026-08-04 | 88.30% |
| 2026-08-03 | 88.31% |
| 2026-07-31 | 88.31% |
| 2026-07-30 | 88.32% |
| 2026-07-29 | 88.31% |
| 2026-07-28 | 88.31% |
| 2026-07-27 | 88.30% |
| 2026-07-24 | 88.31% |
| 2026-07-23 | 88.29% |
| 2026-07-22 | 88.30% |
| 2026-07-21 | 88.31% |
| 2026-07-20 | 88.30% |
| 2026-07-17 | 88.30% |
| 2026-07-16 | 88.32% |
| 2026-07-15 | 88.30% |
| 2026-07-14 | 88.31% |
| 2026-07-13 | 88.30% |
| 2026-07-10 | 88.30% |
| 2026-07-09 | 88.29% |
| 2026-07-08 | 88.32% |
| 2026-07-07 | 88.29% |
| 2026-07-06 | 88.31% |
| 2026-07-02 | 88.32% |
| 2026-07-01 | 88.30% |
| 2026-06-30 | 88.31% |
| 2026-06-29 | 88.29% |
| 2026-06-26 | 88.32% |
| 2026-06-25 | 110.17% |
| 2026-06-24 | 87.87% |
| 2026-06-23 | 87.87% |
| 2026-06-22 | 87.89% |
| 2026-06-18 | 87.87% |
| 2026-06-17 | 87.87% |
| 2026-06-16 | 87.89% |
| 2026-06-15 | 87.87% |
| 2026-06-12 | 87.87% |
| 2026-06-11 | 87.88% |
| 2026-06-10 | 87.89% |
| 2026-06-09 | 87.87% |
| 2026-06-08 | 87.88% |
| 2026-06-05 | 87.88% |
| 2026-06-04 | 87.87% |
| 2026-06-03 | 87.88% |
| 2026-06-02 | 87.89% |
| 2026-06-01 | 87.89% |
| 2026-05-29 | 87.87% |
| 2026-05-28 | 87.89% |
| 2026-05-27 | 87.89% |
| 2026-05-26 | 87.87% |
| 2026-05-22 | 87.89% |
| 2026-05-21 | 87.87% |
| 2026-05-20 | 87.87% |
| 2026-05-19 | 87.87% |
| 2026-05-18 | 87.89% |
| 2026-05-15 | 87.87% |
| 2026-05-14 | 87.89% |
| 2026-05-13 | 87.89% |
| 2026-05-12 | 87.87% |
| 2026-05-11 | 87.89% |
| 2026-05-08 | 87.89% |
| 2026-05-07 | 87.88% |
| 2026-05-06 | 94.02% |
| 2026-05-05 | 94.01% |
| 2026-05-04 | 94.03% |
| 2026-05-01 | 94.01% |
| 2026-04-30 | 94.03% |
| 2026-04-29 | 94.03% |
| 2026-04-28 | 94.02% |
| 2026-04-27 | 94.02% |
| 2026-04-24 | 94.02% |
| 2026-04-23 | 94.03% |
| 2026-04-22 | 94.01% |
| 2026-04-21 | 94.01% |
| 2026-04-20 | 94.03% |
| 2026-04-17 | 94.03% |
| 2026-04-16 | 94.02% |
| 2026-04-15 | 94.01% |
| 2026-04-14 | 94.01% |
| 2026-04-13 | 94.02% |
| 2026-04-10 | 94.02% |
| 2026-04-09 | 94.03% |
| 2026-04-08 | 94.02% |
| 2026-04-07 | 94.03% |
| 2026-04-06 | 94.01% |
| 2026-04-02 | 94.03% |
| 2026-04-01 | 94.03% |
| 2026-03-31 | 94.02% |
| 2026-03-30 | 94.03% |
| 2026-03-27 | 94.01% |
| 2026-03-26 | 94.02% |
| 2026-03-25 | 94.02% |
| 2026-03-24 | 94.01% |
| 2026-03-23 | 94.01% |
| 2026-03-20 | 94.01% |
| 2026-03-19 | 117.40% |
| 2026-03-18 | 93.57% |
| 2026-03-17 | 93.56% |
| 2026-03-16 | 93.56% |
| 2026-03-13 | 93.56% |
| 2026-03-12 | 93.58% |
| 2026-03-11 | 93.56% |
| 2026-03-10 | 93.58% |
| 2026-03-09 | 93.56% |
| 2026-03-06 | 93.56% |
| 2026-03-05 | 93.57% |
| 2026-03-04 | 93.56% |
| 2026-03-03 | 93.56% |
| 2026-03-02 | 93.58% |
| 2026-02-27 | 93.56% |
| 2026-02-26 | 93.58% |
| 2026-02-25 | 79.28% |
| 2026-02-24 | 79.29% |
| 2026-02-23 | 79.27% |
| 2026-02-20 | 79.29% |
| 2026-02-19 | 79.28% |
| 2026-02-18 | 79.29% |
| 2026-02-17 | 79.28% |
| 2026-02-13 | 79.29% |
| 2026-02-12 | 79.27% |
| 2026-02-11 | 79.28% |
| 2026-02-10 | 79.27% |
| 2026-02-09 | 79.28% |
| 2026-02-06 | 79.30% |
| 2026-02-05 | 79.28% |
| 2026-02-04 | 79.28% |
| 2026-02-03 | 79.27% |
| 2026-02-02 | 79.27% |
| 2026-01-30 | 79.29% |
| 2026-01-29 | 79.30% |
| 2026-01-28 | 79.29% |
| 2026-01-27 | 79.29% |
| 2026-01-26 | 79.27% |
| 2026-01-23 | 79.29% |
| 2026-01-22 | 79.28% |
| 2026-01-21 | 79.28% |
| 2026-01-20 | 79.27% |
| 2026-01-16 | 79.28% |
| 2026-01-15 | 79.28% |
| 2026-01-14 | 79.28% |
| 2026-01-13 | 79.29% |
| 2026-01-12 | 79.28% |
| 2026-01-09 | 79.27% |
| 2026-01-08 | 79.28% |
| 2026-01-07 | 79.29% |
| 2026-01-06 | 79.28% |
| 2026-01-05 | 79.28% |
| 2026-01-02 | 79.29% |
| 2025-12-31 | 79.28% |
| 2025-12-30 | 79.28% |
| 2025-12-29 | 79.28% |
| 2025-12-26 | 79.28% |
| 2025-12-24 | 79.28% |
| 2025-12-23 | 79.28% |
| 2025-12-22 | 79.28% |
| 2025-12-19 | 79.29% |
| 2025-12-18 | 79.28% |
| 2025-12-17 | 79.29% |
| 2025-12-16 | 79.27% |
| 2025-12-15 | 79.27% |
| 2025-12-12 | 79.27% |
| 2025-12-11 | 79.28% |
| 2025-12-10 | 59.46% |
| 2025-12-09 | 59.46% |
| 2025-12-08 | 59.46% |
| 2025-12-05 | 59.46% |
| 2025-12-04 | 78.52% |
| 2025-12-03 | 78.51% |
| 2025-12-02 | 78.52% |
| 2025-12-01 | 78.52% |
| 2025-11-28 | 78.52% |
| 2025-11-26 | 78.51% |
| 2025-11-25 | 78.53% |
| 2025-11-24 | 78.52% |
| 2025-11-21 | 78.50% |
| 2025-11-20 | 78.50% |
| 2025-11-19 | 78.51% |
| 2025-11-18 | 78.52% |
| 2025-11-17 | 78.51% |
| 2025-11-14 | 78.51% |
| 2025-11-13 | 78.52% |
| 2025-11-12 | 78.53% |
| 2025-11-11 | 78.51% |
| 2025-11-10 | 78.51% |
| 2025-11-07 | 78.51% |
| 2025-11-06 | 78.51% |
| 2025-11-05 | 78.51% |
| 2025-11-04 | 61.80% |
| 2025-11-03 | 61.79% |
| 2025-10-31 | 61.80% |
| 2025-10-30 | 61.80% |
| 2025-10-29 | 61.80% |
| 2025-10-28 | 61.81% |
| 2025-10-27 | 61.81% |
| 2025-10-24 | 61.80% |
| 2025-10-23 | 61.81% |
| 2025-10-22 | 61.81% |
| 2025-10-21 | 61.79% |
| 2025-10-20 | 61.81% |
| 2025-10-17 | 61.80% |
| 2025-10-16 | 61.81% |
| 2025-10-15 | 61.79% |
| 2025-10-14 | 61.80% |
| 2025-10-13 | 61.79% |
| 2025-10-10 | 61.81% |
| 2025-10-09 | 61.81% |
| 2025-10-08 | 61.80% |
| 2025-10-07 | 61.80% |
| 2025-10-06 | 61.82% |
| 2025-10-03 | 61.81% |
| 2025-10-02 | 61.81% |
| 2025-10-01 | 61.80% |
| 2025-09-30 | 46.21% |
| 2025-09-29 | 46.21% |
| 2025-09-26 | 46.20% |
| 2025-09-25 | 61.20% |
| 2025-09-24 | 61.19% |
| 2025-09-23 | 61.18% |
| 2025-09-22 | 61.18% |
| 2025-09-19 | 61.21% |
| 2025-09-18 | 61.19% |
| 2025-09-17 | 61.19% |
| 2025-09-16 | 61.19% |
| 2025-09-15 | 61.19% |
| 2025-09-12 | 61.19% |
| 2025-09-11 | 61.20% |
| 2025-09-10 | 61.21% |
| 2025-09-09 | 61.20% |
| 2025-09-08 | 61.20% |
| 2025-09-05 | 61.20% |
| 2025-09-04 | 61.19% |
| 2025-09-03 | 61.20% |
| 2025-09-02 | 61.20% |
| 2025-08-29 | 61.20% |
| 2025-08-28 | 61.20% |
| 2025-08-27 | 61.20% |
| 2025-08-26 | 61.19% |
Showing the most recent 260 of 2,584 data points. The chart above shows the full history.
| $2.09 |
| 32.3% |
| 2019-12-31 | $3.70 | $1.94 | 52.3% |
| 2018-12-31 | $1.72 | $1.79 | 103.9% |
| 2017-12-31 | $0.51 | $1.65 | 322.7% |
| 2016-12-31 | $2.74 | $1.51 | 55.1% |
| 2015-12-31 | $2.71 | $1.40 | 51.6% |
| 2014-12-31 | $2.36 | $1.32 | 55.9% |
| 2013-12-31 | $2.05 | $1.26 | 61.5% |
| 2012-12-31 | $1.78 | $1.19 | 66.9% |
| 2011-12-31 | $2.83 | $0.95 | 33.7% |
| 2010-12-31 | $1.51 | $0.78 | 51.7% |
| 2009-12-31 | $2.30 | $0.78 | 33.9% |
| 2008-12-31 | $2.25 | $0.68 | 30.4% |
| 2007-12-31 | $2.17 | $0.62 | 28.6% |
| 2006-12-31 | $2.07 | $0.60 | 28.7% |
| 2005-12-31 | $1.85 | $0.58 | 31.3% |
| 2004-12-31 | $2.02 | $0.50 | 24.8% |
| 2003-12-31 | $1.54 | $0.50 | 32.5% |
| 2002-12-31 | $1.44 | $0.50 | 34.7% |
| 2001-12-31 | $1.27 | $0.50 | 39.4% |
| 2000-12-31 | $2.06 | $0.50 | 24.3% |
| 1999-12-31 | $1.66 | $0.78 | 47.0% |
| 1998-12-31 | $1.24 | $1.17 | 94.4% |
| 1997-12-31 | $1.83 | $1.56 | 85.2% |
| 1996-12-31 | $1.98 | $1.56 | 78.8% |
