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 8.51% is 97% below its 5-year average of 317.82%, near the low end of its 5-year range (6.89%–781.28%).
As of Monday, October 5, 2026. 10.06% above its 12-month average of 7.73%.
Dividend Payout Ratio (8.51%) = TTM Dividends/Share ($2.00) / TTM EPS ($23.50)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
8.51%
DIVIDEND PAYOUT RATIO AVG TTM
7.73%
DIVIDEND PAYOUT RATIO AVG 3Y
7.73%
DIVIDEND PAYOUT RATIO AVG 5Y
317.82%
DIVIDEND PAYOUT RATIO AVG 10Y
N/A
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+10.06%
CURRENT VS 3Y AVG
+10.06%
CURRENT VS 5Y AVG
-97.32%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-03-31 | $28.85 | $2.00 | 6.9% |
| 2025-03-31 | ($2.23) | $2.00 | N/A (Loss) |
| 2024-03-31 | ($2.42) | $2.00 | N/A (Loss) |
| 2023-03-31 | ($4.32) | $2.00 | N/A (Loss) |
| 2022-03-31 | $3.79 | $2.00 | 52.8% |
| 2021-03-31 | ($2.53) |
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 | 8.51% |
| 2026-10-02 | 8.47% |
| 2026-10-01 | 8.47% |
| 2026-09-30 | 8.47% |
| 2026-09-29 | 8.47% |
| 2026-09-28 | 8.51% |
| 2026-09-25 | 8.49% |
| 2026-09-24 | 8.50% |
| 2026-09-23 | 8.46% |
| 2026-09-22 | 8.43% |
| 2026-09-21 | 8.47% |
| 2026-09-18 | 8.47% |
| 2026-09-17 | 8.45% |
| 2026-09-16 | 8.45% |
| 2026-09-15 | 8.52% |
| 2026-09-14 | 8.52% |
| 2026-09-11 | 8.52% |
| 2026-09-10 | 8.49% |
| 2026-09-09 | 8.47% |
| 2026-09-08 | 8.45% |
| 2026-09-04 | 8.51% |
| 2026-09-03 | 8.48% |
| 2026-09-02 | 8.43% |
| 2026-09-01 | 8.52% |
| 2026-08-31 | 8.51% |
| 2026-08-28 | 8.43% |
| 2026-08-27 | 8.49% |
| 2026-08-26 | 8.43% |
| 2026-08-25 | 8.48% |
| 2026-08-24 | 8.48% |
| 2026-08-21 | 8.48% |
| 2026-08-20 | 8.52% |
| 2026-08-19 | 8.47% |
| 2026-08-18 | 8.44% |
| 2026-08-17 | 8.52% |
| 2026-08-14 | 6.96% |
| 2026-08-13 | 6.97% |
| 2026-08-12 | 6.95% |
| 2026-08-11 | 6.93% |
| 2026-08-10 | 6.94% |
| 2026-08-07 | 6.94% |
| 2026-08-06 | 6.94% |
| 2026-08-05 | 6.93% |
| 2026-08-04 | 6.91% |
| 2026-08-03 | 6.92% |
| 2026-07-31 | 6.95% |
| 2026-07-30 | 6.93% |
| 2026-07-29 | 6.94% |
| 2026-07-28 | 6.98% |
| 2026-07-27 | 6.96% |
| 2026-07-24 | 6.96% |
| 2026-07-23 | 6.98% |
| 2026-07-22 | 6.93% |
| 2026-07-21 | 6.96% |
| 2026-07-20 | 6.92% |
| 2026-07-17 | 6.95% |
| 2026-07-16 | 6.95% |
| 2026-07-15 | 6.95% |
| 2026-07-14 | 6.90% |
| 2026-07-13 | 6.98% |
| 2026-07-10 | 6.92% |
| 2026-07-09 | 6.89% |
| 2026-07-08 | 6.89% |
| 2026-07-07 | 6.92% |
| 2026-07-06 | 6.93% |
| 2026-07-02 | 6.96% |
| 2026-07-01 | 6.97% |
| 2026-06-30 | 6.96% |
| 2023-06-27 | 625.01% |
| 2023-06-26 | 625.01% |
| 2023-06-23 | 625.01% |
| 2023-06-22 | 625.01% |
| 2023-06-21 | 625.01% |
| 2023-06-20 | 625.02% |
| 2023-06-16 | 625.00% |
| 2023-06-15 | 625.01% |
| 2023-06-14 | 625.01% |
| 2023-06-13 | 625.00% |
| 2023-06-12 | 625.00% |
| 2023-06-09 | 625.00% |
| 2023-06-08 | 625.03% |
| 2023-06-07 | 625.03% |
| 2023-06-06 | 624.95% |
| 2023-06-05 | 625.00% |
| 2023-06-02 | 625.00% |
| 2023-06-01 | 625.00% |
| 2023-05-31 | 625.04% |
| 2023-05-30 | 625.03% |
| 2023-05-26 | 625.04% |
| 2023-05-25 | 624.96% |
| 2023-05-24 | 624.96% |
| 2023-05-23 | 624.95% |
| 2023-05-22 | 624.96% |
| 2023-05-19 | 625.00% |
| 2023-05-18 | 624.95% |
| 2023-05-17 | 625.02% |
| 2023-05-16 | 625.02% |
| 2023-05-15 | 625.02% |
| 2023-05-12 | 625.02% |
| 2023-05-11 | 781.28% |
| 2023-05-10 | 625.02% |
| 2023-05-09 | 625.02% |
| 2023-05-08 | 625.02% |
| 2023-05-05 | 625.02% |
| 2023-05-04 | 625.02% |
| 2023-05-03 | 625.00% |
| 2023-05-02 | 625.00% |
| 2023-05-01 | 625.00% |
| 2023-04-28 | 625.01% |
| 2023-04-27 | 624.95% |
| 2023-04-26 | 624.99% |
| 2023-04-25 | 624.99% |
| 2023-04-24 | 624.99% |
| 2023-04-21 | 624.99% |
| 2023-04-20 | 624.99% |
| 2023-04-19 | 624.97% |
| 2023-04-18 | 625.00% |
| 2023-04-17 | 625.00% |
| 2023-04-14 | 625.00% |
| 2023-04-13 | 625.00% |
| 2023-04-12 | 624.97% |
| 2023-04-11 | 624.97% |
| 2023-04-10 | 624.98% |
| 2023-04-06 | 624.98% |
| 2023-04-05 | 624.98% |
| 2023-04-04 | 624.98% |
| 2023-04-03 | 625.00% |
| 2023-03-31 | 624.99% |
| 2023-03-30 | 624.99% |
| 2023-03-29 | 624.99% |
| 2023-03-28 | 624.99% |
| 2023-03-27 | 624.99% |
| 2023-03-24 | 625.00% |
| 2023-03-23 | 625.00% |
| 2023-03-22 | 625.03% |
| 2023-03-21 | 624.96% |
| 2023-03-20 | 625.03% |
| 2023-03-17 | 625.03% |
| 2023-03-16 | 625.03% |
| 2023-03-15 | 625.03% |
| 2023-03-14 | 624.96% |
| 2023-03-13 | 624.96% |
| 2023-03-10 | 624.96% |
| 2023-03-09 | 625.03% |
| 2023-03-08 | 625.02% |
| 2023-03-07 | 625.01% |
| 2023-03-06 | 625.01% |
| 2023-03-03 | 625.01% |
| 2023-03-02 | 625.03% |
| 2023-03-01 | 624.96% |
| 2023-02-28 | 624.96% |
| 2023-02-27 | 624.96% |
| 2023-02-24 | 624.96% |
| 2023-02-23 | 625.02% |
| 2023-02-22 | 625.00% |
| 2023-02-21 | 625.00% |
| 2023-02-17 | 624.99% |
| 2023-02-16 | 624.99% |
| 2023-02-15 | 624.97% |
| 2023-02-14 | 624.98% |
| 2023-02-13 | 625.02% |
| 2022-11-10 | 63.28% |
| 2022-11-09 | 63.28% |
| 2022-11-08 | 63.28% |
| 2022-11-07 | 63.27% |
| 2022-11-04 | 63.32% |
| 2022-11-03 | 63.33% |
| 2022-11-02 | 63.31% |
| 2022-11-01 | 63.29% |
| 2022-10-31 | 63.29% |
| 2022-10-28 | 63.29% |
| 2022-10-27 | 63.29% |
| 2022-10-26 | 63.30% |
| 2022-10-25 | 63.30% |
| 2022-10-24 | 63.30% |
| 2022-10-21 | 63.30% |
| 2022-10-20 | 63.27% |
| 2022-10-19 | 63.27% |
| 2022-10-18 | 63.27% |
| 2022-10-17 | 63.27% |
| 2022-10-14 | 63.29% |
| 2022-10-13 | 63.29% |
| 2022-10-12 | 63.29% |
| 2022-10-11 | 63.33% |
| 2022-10-10 | 63.29% |
| 2022-10-07 | 63.29% |
| 2022-10-06 | 63.29% |
| 2022-10-05 | 63.29% |
| 2022-10-04 | 63.29% |
| 2022-10-03 | 63.25% |
| 2022-09-30 | 63.25% |
| 2022-09-29 | 63.34% |
| 2022-09-28 | 63.30% |
| 2022-09-27 | 63.30% |
| 2022-09-26 | 63.29% |
| 2022-09-23 | 63.28% |
| 2022-09-22 | 63.33% |
| 2022-09-21 | 63.33% |
| 2022-09-20 | 63.33% |
| 2022-09-19 | 63.33% |
| 2022-09-16 | 63.33% |
| 2022-09-15 | 63.31% |
| 2022-09-14 | 63.31% |
| 2022-09-13 | 63.25% |
| 2022-09-12 | 63.28% |
| 2022-09-09 | 63.28% |
| 2022-09-08 | 63.31% |
| 2022-09-07 | 63.27% |
| 2022-09-06 | 63.27% |
| 2022-09-02 | 63.29% |
| 2022-09-01 | 63.29% |
| 2022-08-31 | 63.29% |
| 2022-08-30 | 63.26% |
| 2022-08-29 | 63.30% |
| 2022-08-26 | 63.30% |
| 2022-08-25 | 63.29% |
| 2022-08-24 | 63.25% |
| 2022-08-23 | 63.25% |
| 2022-08-22 | 63.29% |
| 2022-08-19 | 63.32% |
| 2022-08-18 | 63.32% |
| 2022-08-17 | 63.29% |
| 2022-08-16 | 63.29% |
| 2022-08-15 | 63.27% |
| 2022-08-12 | 53.22% |
| 2022-08-11 | 66.46% |
| 2022-08-10 | 53.16% |
| 2022-08-09 | 53.20% |
| 2022-08-08 | 53.22% |
| 2022-08-05 | 53.20% |
| 2022-08-04 | 53.17% |
| 2022-08-03 | 53.21% |
| 2022-08-02 | 53.19% |
| 2022-08-01 | 53.19% |
| 2022-07-29 | 53.22% |
| 2022-07-28 | 53.19% |
| 2022-07-27 | 53.19% |
| 2022-07-26 | 53.19% |
| 2022-07-25 | 53.20% |
| 2022-07-22 | 53.20% |
| 2022-07-21 | 53.19% |
| 2022-07-20 | 53.17% |
| 2022-07-19 | 53.19% |
| 2022-07-18 | 53.22% |
| 2022-07-15 | 53.16% |
| 2022-07-14 | 53.15% |
| 2022-07-13 | 53.24% |
| 2022-07-12 | 53.23% |
| 2022-07-11 | 53.23% |
| 2022-07-08 | 53.23% |
| 2022-07-07 | 53.18% |
| 2022-07-06 | 53.18% |
| 2022-07-05 | 53.18% |
| 2022-07-01 | 53.15% |
| 2022-06-30 | 53.15% |
| 2022-06-29 | 53.23% |
| 2022-06-28 | 624.96% |
| 2022-06-27 | 624.96% |
| 2022-06-24 | 624.98% |
| 2022-06-23 | 625.00% |
Showing the most recent 260 of 721 data points. The chart above shows the full history.
| $2.00 |
| N/A (Loss) |
| 2020-03-31 | $1.14 | $1.37 | 119.8% |