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 57.56% is 38% above its 5-year average of 41.78%, around the middle of its 5-year range (29.56%–84.28%).
As of Sunday, July 26, 2026. 11.26% above its 12-month average of 51.74%.
Dividend Payout Ratio (57.56%) = TTM Dividends/Share ($8.95) / TTM EPS ($15.55)
DIVIDEND PAYOUT RATIO
57.56%
DIVIDEND PAYOUT RATIO AVG TTM
51.74%
DIVIDEND PAYOUT RATIO AVG 3Y
46.16%
DIVIDEND PAYOUT RATIO AVG 5Y
41.67%
DIVIDEND PAYOUT RATIO AVG 10Y
32.71%
DIVIDEND PAYOUT RATIO AVG 15Y
28.83%
DIVIDEND PAYOUT RATIO AVG 20Y
23.19%
CURRENT VS TTM AVG
+11.26%
CURRENT VS 3Y AVG
+24.71%
CURRENT VS 5Y AVG
+38.12%
CURRENT VS 10Y AVG
+75.99%
CURRENT VS 15Y AVG
+99.64%
CURRENT VS 20Y AVG
+148.20%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $13.23 | $8.73 | 66.0% |
| 2024 | $15.64 | $8.18 | 52.3% |
| 2023 | $24.12 | $7.29 | 30.2% |
| 2022 | $21.54 | $6.40 | 29.7% |
| 2021 | $18.33 | $5.60 | 30.6% |
| 2020 | $16.28 | $4.83 |
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 | 57.56% |
| 2026-07-23 | 57.56% |
| 2026-07-22 | 57.56% |
| 2026-07-21 | 57.55% |
| 2026-07-20 | 57.56% |
| 2026-07-17 | 57.55% |
| 2026-07-16 | 57.56% |
| 2026-07-15 | 67.60% |
| 2026-07-14 | 67.59% |
| 2026-07-13 | 67.60% |
| 2026-07-10 | 67.60% |
| 2026-07-09 | 67.59% |
| 2026-07-08 | 67.59% |
| 2026-07-07 | 67.60% |
| 2026-07-06 | 67.60% |
| 2026-07-02 | 67.58% |
| 2026-07-01 | 67.59% |
| 2026-06-30 | 67.59% |
| 2026-06-29 | 67.60% |
| 2026-06-26 | 67.60% |
| 2026-06-25 | 67.59% |
| 2026-06-24 | 67.60% |
| 2026-06-23 | 67.60% |
| 2026-06-22 | 67.58% |
| 2026-06-18 | 67.59% |
| 2026-06-17 | 67.58% |
| 2026-06-16 | 67.60% |
| 2026-06-15 | 84.28% |
| 2026-06-12 | 66.76% |
| 2026-06-11 | 66.77% |
| 2026-06-10 | 66.76% |
| 2026-06-09 | 66.76% |
| 2026-06-08 | 66.77% |
| 2026-06-05 | 66.76% |
| 2026-06-04 | 66.76% |
| 2026-06-03 | 66.76% |
| 2026-06-02 | 66.76% |
| 2026-06-01 | 66.77% |
| 2026-05-29 | 66.76% |
| 2026-05-28 | 66.76% |
| 2026-05-27 | 66.76% |
| 2026-05-26 | 66.76% |
| 2026-05-22 | 66.77% |
| 2026-05-21 | 66.77% |
| 2026-05-20 | 66.77% |
| 2026-05-19 | 66.77% |
| 2026-05-18 | 66.76% |
| 2026-05-15 | 66.75% |
| 2026-05-14 | 66.76% |
| 2026-05-13 | 66.77% |
| 2026-05-12 | 66.77% |
| 2026-05-11 | 66.75% |
| 2026-05-08 | 66.77% |
| 2026-05-07 | 66.75% |
| 2026-05-06 | 66.77% |
| 2026-05-05 | 66.76% |
| 2026-05-04 | 67.02% |
| 2026-05-01 | 67.02% |
| 2026-04-30 | 67.03% |
| 2026-04-29 | 67.03% |
| 2026-04-28 | 67.00% |
| 2026-04-27 | 67.02% |
| 2026-04-24 | 67.02% |
| 2026-04-23 | 67.02% |
| 2026-04-22 | 67.02% |
| 2026-04-21 | 67.01% |
| 2026-04-20 | 67.01% |
| 2026-04-17 | 67.02% |
| 2026-04-16 | 67.03% |
| 2026-04-15 | 67.02% |
| 2026-04-14 | 67.02% |
| 2026-04-13 | 67.02% |
| 2026-04-10 | 67.01% |
| 2026-04-09 | 67.03% |
| 2026-04-08 | 67.03% |
| 2026-04-07 | 67.02% |
| 2026-04-06 | 67.02% |
| 2026-04-02 | 67.02% |
| 2026-04-01 | 67.01% |
| 2026-03-31 | 67.00% |
| 2026-03-30 | 67.03% |
| 2026-03-27 | 67.03% |
| 2026-03-26 | 67.01% |
| 2026-03-25 | 67.01% |
| 2026-03-24 | 67.01% |
| 2026-03-23 | 67.00% |
| 2026-03-20 | 67.01% |
| 2026-03-19 | 67.02% |
| 2026-03-18 | 67.00% |
| 2026-03-17 | 67.01% |
| 2026-03-16 | 67.01% |
| 2026-03-13 | 67.03% |
| 2026-03-12 | 67.01% |
| 2026-03-11 | 67.00% |
| 2026-03-10 | 67.00% |
| 2026-03-09 | 82.94% |
| 2026-03-06 | 66.19% |
| 2026-03-05 | 66.18% |
| 2026-03-04 | 66.17% |
| 2026-03-03 | 66.17% |
| 2026-03-02 | 66.19% |
| 2026-02-27 | 45.57% |
| 2026-02-26 | 45.56% |
| 2026-02-25 | 45.55% |
| 2026-02-24 | 45.57% |
| 2026-02-23 | 45.58% |
| 2026-02-20 | 45.58% |
| 2026-02-19 | 45.56% |
| 2026-02-18 | 45.56% |
| 2026-02-17 | 45.57% |
| 2026-02-13 | 45.56% |
| 2026-02-12 | 45.56% |
| 2026-02-11 | 45.57% |
| 2026-02-10 | 45.56% |
| 2026-02-09 | 45.57% |
| 2026-02-06 | 45.57% |
| 2026-02-05 | 45.58% |
| 2026-02-04 | 45.56% |
| 2026-02-03 | 45.56% |
| 2026-02-02 | 45.58% |
| 2026-01-30 | 45.58% |
| 2026-01-29 | 45.58% |
| 2026-01-28 | 45.58% |
| 2026-01-27 | 45.55% |
| 2026-01-26 | 45.56% |
| 2026-01-23 | 45.55% |
| 2026-01-22 | 45.56% |
| 2026-01-21 | 45.56% |
| 2026-01-20 | 45.56% |
| 2026-01-16 | 45.57% |
| 2026-01-15 | 45.56% |
| 2026-01-14 | 45.56% |
| 2026-01-13 | 45.57% |
| 2026-01-12 | 45.56% |
| 2026-01-09 | 45.56% |
| 2026-01-08 | 45.56% |
| 2026-01-07 | 45.55% |
| 2026-01-06 | 45.56% |
| 2026-01-05 | 45.56% |
| 2026-01-02 | 45.57% |
| 2025-12-31 | 45.57% |
| 2025-12-30 | 45.56% |
| 2025-12-29 | 45.57% |
| 2025-12-26 | 45.57% |
| 2025-12-24 | 45.57% |
| 2025-12-23 | 45.56% |
| 2025-12-22 | 45.56% |
| 2025-12-19 | 45.57% |
| 2025-12-18 | 45.57% |
| 2025-12-17 | 45.57% |
| 2025-12-16 | 45.56% |
| 2025-12-15 | 45.56% |
| 2025-12-12 | 45.56% |
| 2025-12-11 | 45.55% |
| 2025-12-10 | 45.57% |
| 2025-12-09 | 45.57% |
| 2025-12-08 | 56.52% |
| 2025-12-05 | 44.99% |
| 2025-12-04 | 45.00% |
| 2025-12-03 | 44.99% |
| 2025-12-02 | 44.99% |
| 2025-12-01 | 44.99% |
| 2025-11-28 | 44.99% |
| 2025-11-26 | 44.99% |
| 2025-11-25 | 44.99% |
| 2025-11-24 | 44.98% |
| 2025-11-21 | 44.99% |
| 2025-11-20 | 44.99% |
| 2025-11-19 | 44.98% |
| 2025-11-18 | 45.00% |
| 2025-11-17 | 44.99% |
| 2025-11-14 | 44.99% |
| 2025-11-13 | 44.98% |
| 2025-11-12 | 45.00% |
| 2025-11-11 | 44.99% |
| 2025-11-10 | 44.98% |
| 2025-11-07 | 44.99% |
| 2025-11-06 | 44.98% |
| 2025-11-05 | 45.00% |
| 2025-11-04 | 45.00% |
| 2025-11-03 | 44.99% |
| 2025-10-31 | 45.00% |
| 2025-10-30 | 44.98% |
| 2025-10-29 | 44.99% |
| 2025-10-28 | 44.99% |
| 2025-10-27 | 37.36% |
| 2025-10-24 | 37.36% |
| 2025-10-23 | 37.35% |
| 2025-10-22 | 37.34% |
| 2025-10-21 | 37.35% |
| 2025-10-20 | 37.34% |
| 2025-10-17 | 37.35% |
| 2025-10-16 | 37.34% |
| 2025-10-15 | 37.35% |
| 2025-10-14 | 37.34% |
| 2025-10-13 | 37.35% |
| 2025-10-10 | 37.35% |
| 2025-10-09 | 37.35% |
| 2025-10-08 | 37.35% |
| 2025-10-07 | 37.36% |
| 2025-10-06 | 37.34% |
| 2025-10-03 | 37.36% |
| 2025-10-02 | 37.36% |
| 2025-10-01 | 37.35% |
| 2025-09-30 | 37.35% |
| 2025-09-29 | 37.36% |
| 2025-09-26 | 37.35% |
| 2025-09-25 | 37.34% |
| 2025-09-24 | 37.34% |
| 2025-09-23 | 37.34% |
| 2025-09-22 | 37.35% |
| 2025-09-19 | 37.35% |
| 2025-09-18 | 37.36% |
| 2025-09-17 | 37.35% |
| 2025-09-16 | 37.34% |
| 2025-09-15 | 46.44% |
| 2025-09-12 | 36.86% |
| 2025-09-11 | 36.87% |
| 2025-09-10 | 36.88% |
| 2025-09-09 | 36.86% |
| 2025-09-08 | 36.88% |
| 2025-09-05 | 36.89% |
| 2025-09-04 | 36.88% |
| 2025-09-03 | 36.87% |
| 2025-09-02 | 36.87% |
| 2025-08-29 | 36.88% |
| 2025-08-28 | 36.88% |
| 2025-08-27 | 36.88% |
| 2025-08-26 | 36.88% |
| 2025-08-25 | 36.87% |
| 2025-08-22 | 36.87% |
| 2025-08-21 | 36.86% |
| 2025-08-20 | 36.87% |
| 2025-08-19 | 36.87% |
| 2025-08-18 | 36.88% |
| 2025-08-15 | 36.87% |
| 2025-08-14 | 36.86% |
| 2025-08-13 | 36.88% |
| 2025-08-12 | 36.86% |
| 2025-08-11 | 36.86% |
| 2025-08-08 | 35.65% |
| 2025-08-07 | 35.65% |
| 2025-08-06 | 35.63% |
| 2025-08-05 | 35.63% |
| 2025-08-04 | 35.63% |
| 2025-08-01 | 35.65% |
| 2025-07-31 | 35.63% |
| 2025-07-30 | 35.63% |
| 2025-07-29 | 35.63% |
| 2025-07-28 | 35.62% |
| 2025-07-25 | 35.64% |
| 2025-07-24 | 35.65% |
| 2025-07-23 | 35.64% |
| 2025-07-22 | 35.64% |
| 2025-07-21 | 35.62% |
| 2025-07-18 | 35.65% |
| 2025-07-17 | 35.63% |
| 2025-07-16 | 35.64% |
| 2025-07-15 | 35.65% |
| 2025-07-14 | 35.64% |
Showing the most recent 260 of 2,652 data points. The chart above shows the full history.
| 29.7% |
| 2019 | $14.55 | $4.14 | 28.5% |
| 2018 | $12.45 | $3.45 | 27.7% |
| 2017 | $10.95 | $2.88 | 26.3% |
| 2016 | $7.37 | $2.38 | 32.2% |
| 2015 | $6.10 | $1.88 | 30.7% |
| 2014 | $5.78 | $1.41 | 24.3% |
| 2013 | $5.59 | $1.05 | 18.8% |
| 2012 | $5.38 | $0.80 | 14.9% |
| 2011 | $4.81 | $0.61 | 12.7% |
| 2010 | $4.14 | $0.41 | 9.8% |
| 2009 | $3.27 | $0.03 | 0.9% |
| 2008 | $2.45 | $0.03 | 1.2% |
| 2007 | $3.55 | $0.03 | 0.8% |
| 2006 | $3.09 | $0.03 | 1.0% |
| 2005 | $2.44 | $0.01 | 0.6% |
| 2004 | $1.93 | $0.01 | 0.8% |
| 2003 | $1.40 | $0.01 | 0.5% |
| 2002 | $1.12 | $0.01 | 0.7% |
| 2001 | $0.73 | $0.01 | 1.0% |
| 2000 | $0.57 | $0.00 | 0.7% |
| 1999 | $0.41 | $0.00 | 0.2% |
| 1998 | ($0.14) | $0.00 | N/A (Loss) |
| 1997 | $0.29 | $0.00 | 1.3% |
| 1996 | $0.22 | $0.00 | 0.5% |
