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 27.90% is 45% below its 5-year average of 50.81%, near the low end of its 5-year range (24.66%–181.94%).
As of Sunday, July 26, 2026. 19.67% below its 12-month average of 34.72%.
Dividend Payout Ratio (27.90%) = TTM Dividends/Share ($2.94) / TTM EPS ($10.54)
DIVIDEND PAYOUT RATIO
27.90%
DIVIDEND PAYOUT RATIO AVG TTM
34.72%
DIVIDEND PAYOUT RATIO AVG 3Y
37.14%
DIVIDEND PAYOUT RATIO AVG 5Y
40.52%
DIVIDEND PAYOUT RATIO AVG 10Y
56.78%
DIVIDEND PAYOUT RATIO AVG 15Y
48.85%
DIVIDEND PAYOUT RATIO AVG 20Y
42.77%
CURRENT VS TTM AVG
-19.67%
CURRENT VS 3Y AVG
-24.89%
CURRENT VS 5Y AVG
-31.16%
CURRENT VS 10Y AVG
-50.87%
CURRENT VS 15Y AVG
-42.90%
CURRENT VS 20Y AVG
-34.78%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $6.93 | $2.90 | 41.8% |
| 2024 | $1.60 | $2.82 | 176.2% |
| 2023 | ($2.56) | $2.80 | N/A (Loss) |
| 2022 | $7.50 | $2.80 | 37.3% |
| 2021 | $5.43 | $2.71 | 49.9% |
| 2020 | $3.83 | $2.62 |
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 |
|---|---|
| 2026-07-24 | 27.90% |
| 2026-07-23 | 27.89% |
| 2026-07-22 | 27.89% |
| 2026-07-21 | 27.89% |
| 2026-07-20 | 27.89% |
| 2026-07-17 | 27.89% |
| 2026-07-16 | 27.89% |
| 2026-07-15 | 27.90% |
| 2026-07-14 | 27.89% |
| 2026-07-13 | 27.89% |
| 2026-07-10 | 27.89% |
| 2026-07-09 | 27.89% |
| 2026-07-08 | 27.90% |
| 2026-07-07 | 27.89% |
| 2026-07-06 | 27.89% |
| 2026-07-02 | 27.89% |
| 2026-07-01 | 27.89% |
| 2026-06-30 | 27.89% |
| 2026-06-29 | 27.89% |
| 2026-06-26 | 27.89% |
| 2026-06-25 | 27.89% |
| 2026-06-24 | 34.73% |
| 2026-06-23 | 27.70% |
| 2026-06-22 | 27.70% |
| 2026-06-18 | 27.70% |
| 2026-06-17 | 27.71% |
| 2026-06-16 | 27.70% |
| 2026-06-15 | 27.70% |
| 2026-06-12 | 27.70% |
| 2026-06-11 | 27.70% |
| 2026-06-10 | 27.70% |
| 2026-06-09 | 27.71% |
| 2026-06-08 | 27.71% |
| 2026-06-05 | 27.71% |
| 2026-06-04 | 27.70% |
| 2026-06-03 | 27.70% |
| 2026-06-02 | 27.70% |
| 2026-06-01 | 27.71% |
| 2026-05-29 | 27.70% |
| 2026-05-28 | 27.70% |
| 2026-05-27 | 27.71% |
| 2026-05-26 | 27.70% |
| 2026-05-22 | 27.70% |
| 2026-05-21 | 27.70% |
| 2026-05-20 | 27.70% |
| 2026-05-19 | 27.70% |
| 2026-05-18 | 27.70% |
| 2026-05-15 | 27.70% |
| 2026-05-14 | 27.70% |
| 2026-05-13 | 27.70% |
| 2026-05-12 | 27.71% |
| 2026-05-11 | 27.70% |
| 2026-05-08 | 27.70% |
| 2026-05-07 | 27.71% |
| 2026-05-06 | 27.70% |
| 2026-05-05 | 27.70% |
| 2026-05-04 | 27.70% |
| 2026-05-01 | 27.70% |
| 2026-04-30 | 27.70% |
| 2026-04-29 | 27.70% |
| 2026-04-28 | 33.03% |
| 2026-04-27 | 33.03% |
| 2026-04-24 | 33.03% |
| 2026-04-23 | 33.03% |
| 2026-04-22 | 33.03% |
| 2026-04-21 | 33.03% |
| 2026-04-20 | 33.03% |
| 2026-04-17 | 33.03% |
| 2026-04-16 | 33.03% |
| 2026-04-15 | 33.03% |
| 2026-04-14 | 33.03% |
| 2026-04-13 | 33.03% |
| 2026-04-10 | 33.03% |
| 2026-04-09 | 33.03% |
| 2026-04-08 | 33.03% |
| 2026-04-07 | 33.03% |
| 2026-04-06 | 33.03% |
| 2026-04-02 | 33.03% |
| 2026-04-01 | 33.03% |
| 2026-03-31 | 33.03% |
| 2026-03-30 | 33.03% |
| 2026-03-27 | 33.03% |
| 2026-03-26 | 33.03% |
| 2026-03-25 | 33.03% |
| 2026-03-24 | 24.66% |
| 2026-03-23 | 24.66% |
| 2026-03-20 | 24.66% |
| 2026-03-19 | 24.66% |
| 2026-03-18 | 32.80% |
| 2026-03-17 | 32.80% |
| 2026-03-16 | 32.80% |
| 2026-03-13 | 32.81% |
| 2026-03-12 | 32.81% |
| 2026-03-11 | 32.80% |
| 2026-03-10 | 32.80% |
| 2026-03-09 | 32.81% |
| 2026-03-06 | 32.81% |
| 2026-03-05 | 32.80% |
| 2026-03-04 | 32.80% |
| 2026-03-03 | 32.80% |
| 2026-03-02 | 32.80% |
| 2026-02-27 | 32.81% |
| 2026-02-26 | 32.80% |
| 2026-02-25 | 32.81% |
| 2026-02-24 | 32.81% |
| 2026-02-23 | 32.81% |
| 2026-02-20 | 32.81% |
| 2026-02-19 | 32.80% |
| 2026-02-18 | 32.81% |
| 2026-02-17 | 32.80% |
| 2026-02-13 | 32.81% |
| 2026-02-12 | 32.80% |
| 2026-02-11 | 32.81% |
| 2026-02-10 | 32.80% |
| 2026-02-09 | 32.81% |
| 2026-02-06 | 32.81% |
| 2026-02-05 | 32.81% |
| 2026-02-04 | 32.81% |
| 2026-02-03 | 32.81% |
| 2026-02-02 | 32.81% |
| 2026-01-30 | 32.81% |
| 2026-01-29 | 37.23% |
| 2026-01-28 | 37.23% |
| 2026-01-27 | 37.23% |
| 2026-01-26 | 37.22% |
| 2026-01-23 | 37.23% |
| 2026-01-22 | 37.22% |
| 2026-01-21 | 37.23% |
| 2026-01-20 | 37.23% |
| 2026-01-16 | 37.23% |
| 2026-01-15 | 37.23% |
| 2026-01-14 | 37.23% |
| 2026-01-13 | 37.23% |
| 2026-01-12 | 37.23% |
| 2026-01-09 | 37.23% |
| 2026-01-08 | 37.23% |
| 2026-01-07 | 37.23% |
| 2026-01-06 | 37.23% |
| 2026-01-05 | 37.23% |
| 2026-01-02 | 37.23% |
| 2025-12-31 | 37.23% |
| 2025-12-30 | 37.22% |
| 2025-12-29 | 37.23% |
| 2025-12-26 | 37.23% |
| 2025-12-24 | 37.23% |
| 2025-12-23 | 27.73% |
| 2025-12-22 | 27.73% |
| 2025-12-19 | 27.73% |
| 2025-12-18 | 27.72% |
| 2025-12-17 | 27.73% |
| 2025-12-16 | 27.73% |
| 2025-12-15 | 27.73% |
| 2025-12-12 | 36.97% |
| 2025-12-11 | 36.97% |
| 2025-12-10 | 36.97% |
| 2025-12-09 | 36.97% |
| 2025-12-08 | 36.97% |
| 2025-12-05 | 36.97% |
| 2025-12-04 | 36.97% |
| 2025-12-03 | 36.98% |
| 2025-12-02 | 36.97% |
| 2025-12-01 | 36.97% |
| 2025-11-28 | 36.97% |
| 2025-11-26 | 36.97% |
| 2025-11-25 | 36.97% |
| 2025-11-24 | 36.97% |
| 2025-11-21 | 36.97% |
| 2025-11-20 | 36.97% |
| 2025-11-19 | 36.98% |
| 2025-11-18 | 36.97% |
| 2025-11-17 | 36.97% |
| 2025-11-14 | 36.97% |
| 2025-11-13 | 36.97% |
| 2025-11-12 | 36.97% |
| 2025-11-11 | 36.97% |
| 2025-11-10 | 36.97% |
| 2025-11-07 | 36.97% |
| 2025-11-06 | 36.97% |
| 2025-11-05 | 36.97% |
| 2025-11-04 | 36.97% |
| 2025-11-03 | 36.97% |
| 2025-10-31 | 36.97% |
| 2025-10-30 | 42.55% |
| 2025-10-29 | 42.54% |
| 2025-10-28 | 42.54% |
| 2025-10-27 | 42.54% |
| 2025-10-24 | 42.54% |
| 2025-10-23 | 42.54% |
| 2025-10-22 | 42.55% |
| 2025-10-21 | 42.53% |
| 2025-10-20 | 42.54% |
| 2025-10-17 | 42.54% |
| 2025-10-16 | 42.54% |
| 2025-10-15 | 42.53% |
| 2025-10-14 | 42.54% |
| 2025-10-13 | 42.54% |
| 2025-10-10 | 42.55% |
| 2025-10-09 | 42.54% |
| 2025-10-08 | 42.54% |
| 2025-10-07 | 42.55% |
| 2025-10-06 | 42.54% |
| 2025-10-03 | 42.54% |
| 2025-10-02 | 42.54% |
| 2025-10-01 | 42.54% |
| 2025-09-30 | 42.54% |
| 2025-09-29 | 31.91% |
| 2025-09-26 | 31.91% |
| 2025-09-25 | 31.90% |
| 2025-09-24 | 31.90% |
| 2025-09-23 | 31.91% |
| 2025-09-22 | 42.24% |
| 2025-09-19 | 42.25% |
| 2025-09-18 | 42.25% |
| 2025-09-17 | 42.25% |
| 2025-09-16 | 42.25% |
| 2025-09-15 | 42.24% |
| 2025-09-12 | 42.25% |
| 2025-09-11 | 42.24% |
| 2025-09-10 | 42.24% |
| 2025-09-09 | 42.25% |
| 2025-09-08 | 42.24% |
| 2025-09-05 | 42.24% |
| 2025-09-04 | 42.25% |
| 2025-09-03 | 42.24% |
| 2025-09-02 | 42.24% |
| 2025-08-29 | 42.25% |
| 2025-08-28 | 42.24% |
| 2025-08-27 | 42.24% |
| 2025-08-26 | 42.25% |
| 2025-08-25 | 42.24% |
| 2025-08-22 | 42.25% |
| 2025-08-21 | 42.25% |
| 2025-08-20 | 42.25% |
| 2025-08-19 | 42.25% |
| 2025-08-18 | 42.24% |
| 2025-08-15 | 42.24% |
| 2025-08-14 | 42.24% |
| 2025-08-13 | 42.25% |
| 2025-08-12 | 42.24% |
| 2025-08-11 | 42.25% |
| 2025-08-08 | 42.24% |
| 2025-08-07 | 42.25% |
| 2025-08-06 | 42.24% |
| 2025-08-05 | 42.24% |
| 2025-08-04 | 42.25% |
| 2025-08-01 | 42.25% |
| 2025-07-31 | 41.33% |
| 2025-07-30 | 41.32% |
| 2025-07-29 | 41.32% |
| 2025-07-28 | 41.32% |
| 2025-07-25 | 41.32% |
| 2025-07-24 | 41.33% |
| 2025-07-23 | 41.34% |
| 2025-07-22 | 41.32% |
| 2025-07-21 | 41.32% |
| 2025-07-18 | 41.33% |
| 2025-07-17 | 41.32% |
| 2025-07-16 | 41.33% |
| 2025-07-15 | 41.33% |
| 2025-07-14 | 41.32% |
Showing the most recent 260 of 2,217 data points. The chart above shows the full history.
| 68.4% |
| 2019 | $7.13 | $2.54 | 35.6% |
| 2018 | $4.10 | $2.52 | 61.5% |
| 2017 | $2.61 | $2.52 | 96.6% |
| 2016 | $0.83 | $2.52 | 303.6% |
| 2015 | $5.38 | $2.25 | 41.8% |
| 2014 | $4.66 | $1.83 | 39.3% |
| 2013 | $4.97 | $1.19 | 23.9% |
| 2012 | $6.72 | $1.52 | 22.6% |
| 2011 | $1.13 | $0.54 | 47.8% |
| 2010 | $3.28 | $0.00 | 0.0% |
| 2009 | ($6.32) | $0.03 | N/A (Loss) |
| 2008 | $2.46 | $0.46 | 18.7% |
| 2007 | $1.64 | $0.40 | 24.4% |
| 2006 | $1.70 | $0.34 | 20.0% |
| 2005 | $1.51 | $0.30 | 19.9% |
| 2004 | $1.17 | $0.24 | 20.5% |
| 2003 | $1.53 | $0.14 | 9.2% |
| 2002 | $0.38 | $0.00 | 0.0% |
| 2001 | ($1.30) | $0.00 | N/A (Loss) |
| 2000 | $0.91 | $0.00 | 0.0% |
