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 36.89% is 35% below its 4-year average of 56.42%, near the low end of its 4-year range (36.02%–90.37%).
As of Sunday, July 26, 2026. 16.12% below its 12-month average of 43.98%.
Dividend Payout Ratio (36.89%) = TTM Dividends/Share ($1.11) / TTM EPS ($3.01)
DIVIDEND PAYOUT RATIO
36.89%
DIVIDEND PAYOUT RATIO AVG TTM
43.98%
DIVIDEND PAYOUT RATIO AVG 3Y
54.85%
DIVIDEND PAYOUT RATIO AVG 5Y
56.42%
DIVIDEND PAYOUT RATIO AVG 10Y
70.22%
DIVIDEND PAYOUT RATIO AVG 15Y
88.08%
DIVIDEND PAYOUT RATIO AVG 20Y
73.49%
CURRENT VS TTM AVG
-16.12%
CURRENT VS 3Y AVG
-32.74%
CURRENT VS 5Y AVG
-34.61%
CURRENT VS 10Y AVG
-47.46%
CURRENT VS 15Y AVG
-58.12%
CURRENT VS 20Y AVG
-49.80%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $3.04 | $1.11 | 36.5% |
| 2024 | $1.49 | $1.11 | 74.5% |
| 2023 | $1.97 | $1.11 | 56.3% |
| 2022 | ($1.22) | $1.35 | N/A (Loss) |
| 2021 | $2.77 | $2.08 | 75.1% |
| 2020 | ($0.75) | $2.08 |
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 | 36.89% |
| 2026-07-23 | 36.89% |
| 2026-07-22 | 36.86% |
| 2026-07-21 | 37.35% |
| 2026-07-20 | 37.37% |
| 2026-07-17 | 37.36% |
| 2026-07-16 | 37.37% |
| 2026-07-15 | 37.40% |
| 2026-07-14 | 37.35% |
| 2026-07-13 | 37.39% |
| 2026-07-10 | 37.35% |
| 2026-07-09 | 37.35% |
| 2026-07-08 | 37.37% |
| 2026-07-07 | 37.37% |
| 2026-07-06 | 37.38% |
| 2026-07-02 | 37.38% |
| 2026-07-01 | 37.40% |
| 2026-06-30 | 37.38% |
| 2026-06-29 | 37.39% |
| 2026-06-26 | 37.37% |
| 2026-06-25 | 37.38% |
| 2026-06-24 | 37.36% |
| 2026-06-23 | 37.37% |
| 2026-06-22 | 37.37% |
| 2026-06-18 | 37.37% |
| 2026-06-17 | 37.40% |
| 2026-06-16 | 37.38% |
| 2026-06-15 | 37.37% |
| 2026-06-12 | 37.38% |
| 2026-06-11 | 37.35% |
| 2026-06-10 | 37.35% |
| 2026-06-09 | 37.39% |
| 2026-06-08 | 37.39% |
| 2026-06-05 | 37.37% |
| 2026-06-04 | 37.39% |
| 2026-06-03 | 37.38% |
| 2026-06-02 | 37.39% |
| 2026-06-01 | 37.39% |
| 2026-05-29 | 37.37% |
| 2026-05-28 | 37.39% |
| 2026-05-27 | 37.37% |
| 2026-05-26 | 37.35% |
| 2026-05-22 | 37.40% |
| 2026-05-21 | 37.37% |
| 2026-05-20 | 37.36% |
| 2026-05-19 | 37.37% |
| 2026-05-18 | 37.39% |
| 2026-05-15 | 37.37% |
| 2026-05-14 | 37.38% |
| 2026-05-13 | 37.37% |
| 2026-05-12 | 37.35% |
| 2026-05-11 | 37.36% |
| 2026-05-08 | 37.37% |
| 2026-05-07 | 37.40% |
| 2026-05-06 | 37.38% |
| 2026-05-05 | 37.37% |
| 2026-05-04 | 37.38% |
| 2026-05-01 | 37.35% |
| 2026-04-30 | 37.38% |
| 2026-04-29 | 37.37% |
| 2026-04-28 | 37.35% |
| 2026-04-27 | 37.36% |
| 2026-04-24 | 36.52% |
| 2026-04-23 | 36.50% |
| 2026-04-22 | 36.53% |
| 2026-04-21 | 36.50% |
| 2026-04-20 | 36.51% |
| 2026-04-17 | 36.51% |
| 2026-04-16 | 36.50% |
| 2026-04-15 | 36.53% |
| 2026-04-14 | 36.52% |
| 2026-04-13 | 36.49% |
| 2026-04-10 | 36.50% |
| 2026-04-09 | 36.52% |
| 2026-04-08 | 36.53% |
| 2026-04-07 | 36.50% |
| 2026-04-06 | 36.53% |
| 2026-04-02 | 36.52% |
| 2026-04-01 | 36.50% |
| 2026-03-31 | 36.53% |
| 2026-03-30 | 36.52% |
| 2026-03-27 | 36.50% |
| 2026-03-26 | 36.50% |
| 2026-03-25 | 36.52% |
| 2026-03-24 | 36.53% |
| 2026-03-23 | 36.51% |
| 2026-03-20 | 36.50% |
| 2026-03-19 | 36.53% |
| 2026-03-18 | 36.53% |
| 2026-03-17 | 36.51% |
| 2026-03-16 | 36.51% |
| 2026-03-13 | 36.52% |
| 2026-03-12 | 36.51% |
| 2026-03-11 | 36.50% |
| 2026-03-10 | 36.53% |
| 2026-03-09 | 36.53% |
| 2026-03-06 | 36.51% |
| 2026-03-05 | 36.51% |
| 2026-03-04 | 36.50% |
| 2026-03-03 | 36.51% |
| 2026-03-02 | 36.50% |
| 2026-02-27 | 36.50% |
| 2026-02-26 | 36.50% |
| 2026-02-25 | 36.52% |
| 2026-02-24 | 36.53% |
| 2026-02-23 | 36.51% |
| 2026-02-20 | 36.50% |
| 2026-02-19 | 36.51% |
| 2026-02-18 | 36.51% |
| 2026-02-17 | 36.50% |
| 2026-02-13 | 36.52% |
| 2026-02-12 | 36.50% |
| 2026-02-11 | 36.53% |
| 2026-02-10 | 36.53% |
| 2026-02-09 | 36.52% |
| 2026-02-06 | 36.05% |
| 2026-02-05 | 36.05% |
| 2026-02-04 | 36.05% |
| 2026-02-03 | 36.03% |
| 2026-02-02 | 36.04% |
| 2026-01-30 | 36.04% |
| 2026-01-29 | 36.04% |
| 2026-01-28 | 36.02% |
| 2026-01-27 | 36.05% |
| 2026-01-26 | 36.02% |
| 2026-01-23 | 36.04% |
| 2026-01-22 | 36.06% |
| 2026-01-21 | 36.04% |
| 2026-01-20 | 36.02% |
| 2026-01-16 | 36.05% |
| 2026-01-15 | 36.02% |
| 2026-01-14 | 36.06% |
| 2026-01-13 | 36.02% |
| 2026-01-12 | 36.05% |
| 2026-01-09 | 36.04% |
| 2026-01-08 | 36.05% |
| 2026-01-07 | 36.03% |
| 2026-01-06 | 36.03% |
| 2026-01-05 | 36.03% |
| 2026-01-02 | 36.02% |
| 2025-12-31 | 36.02% |
| 2025-12-30 | 36.06% |
| 2025-12-29 | 36.06% |
| 2025-12-26 | 36.02% |
| 2025-12-24 | 36.05% |
| 2025-12-23 | 36.03% |
| 2025-12-22 | 36.04% |
| 2025-12-19 | 36.03% |
| 2025-12-18 | 36.05% |
| 2025-12-17 | 36.04% |
| 2025-12-16 | 36.02% |
| 2025-12-15 | 36.03% |
| 2025-12-12 | 36.04% |
| 2025-12-11 | 36.04% |
| 2025-12-10 | 36.04% |
| 2025-12-09 | 36.05% |
| 2025-12-08 | 36.02% |
| 2025-12-05 | 36.05% |
| 2025-12-04 | 36.02% |
| 2025-12-03 | 36.04% |
| 2025-12-02 | 36.06% |
| 2025-12-01 | 36.02% |
| 2025-11-28 | 36.05% |
| 2025-11-26 | 36.03% |
| 2025-11-25 | 36.06% |
| 2025-11-24 | 36.05% |
| 2025-11-21 | 36.04% |
| 2025-11-20 | 36.06% |
| 2025-11-19 | 36.02% |
| 2025-11-18 | 36.03% |
| 2025-11-17 | 36.04% |
| 2025-11-14 | 36.05% |
| 2025-11-13 | 36.04% |
| 2025-11-12 | 36.05% |
| 2025-11-11 | 36.06% |
| 2025-11-10 | 36.03% |
| 2025-11-07 | 36.03% |
| 2025-11-06 | 36.03% |
| 2025-11-05 | 36.02% |
| 2025-11-04 | 36.06% |
| 2025-11-03 | 36.02% |
| 2025-10-31 | 36.06% |
| 2025-10-30 | 63.10% |
| 2025-10-29 | 63.14% |
| 2025-10-28 | 63.10% |
| 2025-10-27 | 63.13% |
| 2025-10-24 | 63.14% |
| 2025-10-23 | 63.12% |
| 2025-10-22 | 63.12% |
| 2025-10-21 | 63.11% |
| 2025-10-20 | 63.11% |
| 2025-10-17 | 63.13% |
| 2025-10-16 | 63.13% |
| 2025-10-15 | 63.10% |
| 2025-10-14 | 63.13% |
| 2025-10-13 | 63.11% |
| 2025-10-10 | 63.12% |
| 2025-10-09 | 63.11% |
| 2025-10-08 | 63.13% |
| 2025-10-07 | 63.14% |
| 2025-10-06 | 63.12% |
| 2025-10-03 | 63.13% |
| 2025-10-02 | 63.12% |
| 2025-10-01 | 63.14% |
| 2025-09-30 | 63.13% |
| 2025-09-29 | 63.11% |
| 2025-09-26 | 63.13% |
| 2025-09-25 | 63.11% |
| 2025-09-24 | 63.10% |
| 2025-09-23 | 63.11% |
| 2025-09-22 | 63.10% |
| 2025-09-19 | 63.13% |
| 2025-09-18 | 63.10% |
| 2025-09-17 | 63.13% |
| 2025-09-16 | 63.13% |
| 2025-09-15 | 63.11% |
| 2025-09-12 | 63.10% |
| 2025-09-11 | 63.12% |
| 2025-09-10 | 63.10% |
| 2025-09-09 | 63.12% |
| 2025-09-08 | 63.10% |
| 2025-09-05 | 63.13% |
| 2025-09-04 | 63.12% |
| 2025-09-03 | 63.11% |
| 2025-09-02 | 63.13% |
| 2025-08-29 | 63.14% |
| 2025-08-28 | 63.13% |
| 2025-08-27 | 63.10% |
| 2025-08-26 | 63.12% |
| 2025-08-25 | 63.11% |
| 2025-08-22 | 63.12% |
| 2025-08-21 | 63.12% |
| 2025-08-20 | 63.12% |
| 2025-08-19 | 63.12% |
| 2025-08-18 | 63.10% |
| 2025-08-15 | 63.13% |
| 2025-08-14 | 63.13% |
| 2025-08-13 | 63.12% |
| 2025-08-12 | 63.10% |
| 2025-08-11 | 63.11% |
| 2025-08-08 | 63.13% |
| 2025-08-07 | 63.13% |
| 2025-08-06 | 63.11% |
| 2025-08-05 | 63.11% |
| 2025-08-04 | 63.12% |
| 2025-08-01 | 63.12% |
| 2025-07-31 | 63.13% |
| 2025-07-30 | 63.13% |
| 2025-07-29 | 63.13% |
| 2025-07-28 | 63.10% |
| 2025-07-25 | 63.11% |
| 2025-07-24 | 63.13% |
| 2025-07-23 | 68.16% |
| 2025-07-22 | 68.17% |
| 2025-07-21 | 68.15% |
| 2025-07-18 | 68.15% |
| 2025-07-17 | 68.15% |
| 2025-07-16 | 68.17% |
| 2025-07-15 | 68.15% |
| 2025-07-14 | 68.17% |
Showing the most recent 260 of 2,400 data points. The chart above shows the full history.
| N/A (Loss) |
| 2019 | $1.90 | $2.04 | 107.4% |
| 2018 | $2.86 | $2.00 | 69.9% |
| 2017 | $4.77 | $1.96 | 41.1% |
| 2016 | $2.10 | $1.92 | 91.4% |
| 2015 | $2.37 | $1.88 | 79.3% |
| 2014 | $1.24 | $1.84 | 148.4% |
| 2013 | $3.42 | $1.80 | 52.6% |
| 2012 | $1.25 | $1.76 | 140.8% |
| 2011 | $0.66 | $1.72 | 260.6% |
| 2010 | $3.36 | $1.68 | 50.0% |
| 2009 | $2.06 | $1.64 | 79.6% |
| 2008 | ($0.44) | $1.60 | N/A (Loss) |
| 2007 | $1.95 | $1.42 | 72.8% |
| 2006 | $1.89 | $1.33 | 70.4% |
| 2005 | $1.42 | $1.29 | 90.8% |
| 2004 | $1.78 | $1.25 | 70.2% |
| 2003 | $2.56 | $1.37 | 53.5% |
| 2002 | $1.70 | $1.07 | 62.7% |
| 2001 | $2.08 | $1.02 | 49.1% |
| 2000 | $2.30 | $1.01 | 43.7% |
| 1999 | $2.39 | $0.96 | 40.2% |
| 1998 | $2.26 | $0.92 | 40.7% |
| 1997 | $2.23 | $0.89 | 39.7% |
| 1996 | $1.78 | $0.85 | 47.8% |
