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 126.07% is 127% above its 5-year average of 55.60%, near the high end of its 5-year range (38.23%–126.08%).
As of Saturday, July 25, 2026. 64.71% above its 12-month average of 76.54%.
Dividend Payout Ratio (126.07%) = TTM Dividends/Share ($8.22) / TTM EPS ($6.52)
DIVIDEND PAYOUT RATIO
126.07%
DIVIDEND PAYOUT RATIO AVG TTM
76.54%
DIVIDEND PAYOUT RATIO AVG 3Y
47.56%
DIVIDEND PAYOUT RATIO AVG 5Y
49.78%
DIVIDEND PAYOUT RATIO AVG 10Y
41.56%
DIVIDEND PAYOUT RATIO AVG 15Y
41.59%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+64.71%
CURRENT VS 3Y AVG
+165.07%
CURRENT VS 5Y AVG
+153.28%
CURRENT VS 10Y AVG
+203.33%
CURRENT VS 15Y AVG
+203.15%
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $2.49 | $0.00 | 0.0% |
| 2024 | ($18.36) | $0.00 | N/A (Loss) |
| 2023 | ($3.67) | $0.00 | N/A (Loss) |
| 2022 | ($8.30) | $0.00 | N/A (Loss) |
| 2021 | ($7.15) | $0.00 | N/A (Loss) |
| 2020 | ($21.00) | $2.06 |
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 |
|---|---|
| 2020-01-29 | 126.07% |
| 2020-01-27 | 126.08% |
| 2020-01-23 | 126.07% |
| 2020-01-21 | 126.07% |
| 2020-01-16 | 126.07% |
| 2020-01-14 | 126.06% |
| 2020-01-10 | 126.07% |
| 2020-01-08 | 126.06% |
| 2020-01-06 | 126.08% |
| 2020-01-02 | 126.07% |
| 2019-12-30 | 126.07% |
| 2019-12-26 | 126.07% |
| 2019-12-23 | 126.07% |
| 2019-12-19 | 126.07% |
| 2019-12-17 | 126.07% |
| 2019-12-13 | 126.07% |
| 2019-12-11 | 126.07% |
| 2019-12-09 | 126.08% |
| 2019-12-05 | 126.08% |
| 2019-12-03 | 126.07% |
| 2019-11-29 | 126.07% |
| 2019-11-26 | 126.08% |
| 2019-11-22 | 126.06% |
| 2019-11-20 | 126.08% |
| 2019-11-18 | 126.08% |
| 2019-11-14 | 126.08% |
| 2019-11-12 | 126.08% |
| 2019-11-08 | 126.06% |
| 2019-11-06 | 120.77% |
| 2019-11-04 | 120.79% |
| 2019-10-31 | 120.77% |
| 2019-10-29 | 120.79% |
| 2019-10-25 | 120.78% |
| 2019-10-23 | 120.77% |
| 2019-10-21 | 92.22% |
| 2019-10-17 | 92.22% |
| 2019-10-15 | 92.22% |
| 2019-10-11 | 92.21% |
| 2019-10-09 | 92.22% |
| 2019-10-07 | 92.21% |
| 2019-10-03 | 92.22% |
| 2019-10-01 | 92.20% |
| 2019-09-27 | 92.21% |
| 2019-09-25 | 92.21% |
| 2019-09-23 | 92.22% |
| 2019-09-19 | 92.22% |
| 2019-09-17 | 92.22% |
| 2019-09-13 | 92.22% |
| 2019-09-11 | 92.21% |
| 2019-09-09 | 92.21% |
| 2019-09-05 | 92.21% |
| 2019-09-03 | 92.21% |
| 2019-08-29 | 92.22% |
| 2019-08-27 | 92.22% |
| 2019-08-23 | 92.22% |
| 2019-08-21 | 92.21% |
| 2019-08-19 | 92.20% |
| 2019-08-15 | 92.22% |
| 2019-08-13 | 92.22% |
| 2019-08-09 | 92.22% |
| 2019-08-07 | 88.17% |
| 2019-08-05 | 88.18% |
| 2019-08-01 | 88.16% |
| 2019-07-30 | 88.18% |
| 2019-07-26 | 88.18% |
| 2019-07-24 | 88.17% |
| 2019-07-22 | 43.07% |
| 2019-07-18 | 43.08% |
| 2019-07-16 | 43.07% |
| 2019-07-12 | 43.08% |
| 2019-07-10 | 43.07% |
| 2019-07-08 | 43.08% |
| 2019-07-03 | 43.08% |
| 2019-07-01 | 43.07% |
| 2019-06-27 | 43.07% |
| 2019-06-25 | 43.08% |
| 2019-06-21 | 43.07% |
| 2019-06-19 | 43.07% |
| 2019-06-17 | 43.07% |
| 2019-06-13 | 43.08% |
| 2019-06-11 | 43.07% |
| 2019-06-07 | 43.07% |
| 2019-06-05 | 43.07% |
| 2019-06-03 | 43.08% |
| 2019-05-30 | 43.09% |
| 2019-05-28 | 43.07% |
| 2019-05-23 | 43.07% |
| 2019-05-21 | 43.07% |
| 2019-05-17 | 43.08% |
| 2019-05-15 | 43.07% |
| 2019-05-13 | 43.08% |
| 2019-05-09 | 52.86% |
| 2019-05-07 | 41.11% |
| 2019-05-03 | 41.11% |
| 2019-05-01 | 41.11% |
| 2019-04-29 | 41.10% |
| 2019-04-25 | 41.11% |
| 2019-04-23 | 40.19% |
| 2019-04-18 | 40.19% |
| 2019-04-16 | 40.19% |
| 2019-04-12 | 40.18% |
| 2019-04-10 | 40.18% |
| 2019-04-08 | 40.19% |
| 2019-04-04 | 40.18% |
| 2019-04-02 | 40.18% |
| 2019-03-29 | 40.18% |
| 2019-03-27 | 40.19% |
| 2019-03-25 | 40.19% |
| 2019-03-21 | 40.18% |
| 2019-03-19 | 40.19% |
| 2019-03-15 | 40.19% |
| 2019-03-13 | 40.18% |
| 2019-03-11 | 40.18% |
| 2019-03-07 | 40.18% |
| 2019-03-05 | 40.19% |
| 2019-03-01 | 40.18% |
| 2019-02-27 | 40.18% |
| 2019-02-25 | 40.18% |
| 2019-02-21 | 40.18% |
| 2019-02-19 | 40.18% |
| 2019-02-14 | 40.18% |
| 2019-02-12 | 40.18% |
| 2019-02-08 | 40.19% |
| 2019-02-06 | 39.93% |
| 2019-02-04 | 39.94% |
| 2019-01-31 | 39.93% |
| 2019-01-29 | 39.93% |
| 2019-01-25 | 39.93% |
| 2019-01-23 | 39.92% |
| 2019-01-18 | 39.93% |
| 2019-01-16 | 39.93% |
| 2019-01-14 | 39.92% |
| 2019-01-10 | 39.92% |
| 2019-01-08 | 39.93% |
| 2019-01-04 | 39.92% |
| 2019-01-02 | 39.92% |
| 2018-12-28 | 39.93% |
| 2018-12-26 | 39.94% |
| 2018-12-21 | 39.93% |
| 2018-12-19 | 39.92% |
| 2018-12-17 | 39.92% |
| 2018-12-13 | 39.93% |
| 2018-12-11 | 39.93% |
| 2018-12-07 | 39.93% |
| 2018-12-04 | 39.92% |
| 2018-11-30 | 39.92% |
| 2018-11-28 | 39.93% |
| 2018-11-26 | 39.93% |
| 2018-11-21 | 39.92% |
| 2018-11-19 | 39.94% |
| 2018-11-15 | 39.93% |
| 2018-11-13 | 39.92% |
| 2018-11-09 | 39.93% |
| 2018-11-07 | 38.24% |
| 2018-11-05 | 38.23% |
| 2018-11-01 | 38.23% |
| 2018-10-30 | 38.24% |
| 2018-10-26 | 38.23% |
| 2018-10-24 | 38.23% |
| 2018-10-22 | 40.81% |
| 2018-10-18 | 40.81% |
| 2018-10-16 | 40.80% |
| 2018-10-12 | 40.82% |
| 2018-10-10 | 40.82% |
| 2018-10-08 | 40.82% |
| 2018-10-04 | 40.81% |
| 2018-10-02 | 40.81% |
| 2018-09-28 | 40.81% |
| 2018-09-26 | 40.80% |
| 2018-09-24 | 40.81% |
| 2018-09-20 | 40.80% |
| 2018-09-18 | 40.80% |
| 2018-09-14 | 40.81% |
| 2018-09-12 | 40.81% |
| 2018-09-10 | 40.81% |
| 2018-09-06 | 40.82% |
| 2018-09-04 | 40.80% |
| 2018-08-30 | 40.80% |
| 2018-08-28 | 40.81% |
| 2018-08-24 | 40.81% |
| 2018-08-22 | 40.81% |
| 2018-08-20 | 40.80% |
| 2018-08-16 | 40.82% |
| 2018-08-14 | 40.81% |
| 2018-08-10 | 40.82% |
| 2018-08-08 | 39.01% |
| 2018-08-06 | 39.00% |
| 2018-08-02 | 39.00% |
| 2018-07-31 | 39.00% |
| 2018-07-27 | 39.00% |
| 2018-07-25 | 39.01% |
| 2018-07-23 | 41.16% |
| 2018-07-19 | 41.15% |
| 2018-07-17 | 41.15% |
| 2018-07-13 | 41.15% |
| 2018-07-11 | 41.15% |
| 2018-07-09 | 41.16% |
| 2018-07-05 | 41.17% |
| 2018-07-02 | 41.16% |
| 2018-06-28 | 41.15% |
| 2018-06-26 | 41.15% |
| 2018-06-22 | 41.15% |
| 2018-06-20 | 41.16% |
| 2018-06-18 | 41.15% |
| 2018-06-14 | 41.16% |
| 2018-06-12 | 41.16% |
| 2018-06-08 | 41.15% |
| 2018-06-06 | 41.16% |
| 2018-06-04 | 41.16% |
| 2018-05-31 | 41.15% |
| 2018-05-29 | 41.15% |
| 2018-05-24 | 41.15% |
| 2018-05-22 | 41.15% |
| 2018-05-18 | 41.15% |
| 2018-05-16 | 41.16% |
| 2018-05-14 | 41.17% |
| 2018-05-10 | 41.15% |
| 2018-05-08 | 39.26% |
| 2018-05-04 | 39.25% |
| 2018-05-02 | 39.24% |
| 2018-04-30 | 39.25% |
| 2018-04-26 | 39.26% |
| 2018-04-24 | 43.91% |
| 2018-04-20 | 43.89% |
| 2018-04-18 | 43.89% |
| 2018-04-16 | 43.89% |
| 2018-04-12 | 43.89% |
| 2018-04-10 | 43.90% |
| 2018-04-06 | 43.90% |
| 2018-04-04 | 43.90% |
| 2018-04-02 | 43.90% |
| 2018-03-28 | 43.90% |
| 2018-03-26 | 43.90% |
| 2018-03-22 | 43.90% |
| 2018-03-20 | 43.90% |
| 2018-03-16 | 43.90% |
| 2018-03-14 | 43.89% |
| 2018-03-12 | 43.90% |
| 2018-03-08 | 43.89% |
| 2018-03-06 | 43.90% |
| 2018-03-02 | 43.89% |
| 2018-02-28 | 43.89% |
| 2018-02-26 | 43.90% |
| 2018-02-22 | 43.90% |
| 2018-02-20 | 43.89% |
| 2018-02-15 | 43.90% |
| 2018-02-13 | 43.89% |
| 2018-02-09 | 54.22% |
| 2018-02-07 | 51.59% |
| 2018-02-05 | 51.59% |
| 2018-02-01 | 51.59% |
| 2018-01-30 | 51.58% |
| 2018-01-26 | 51.58% |
| 2018-01-24 | 51.59% |
| 2018-01-22 | 51.59% |
| 2018-01-18 | 51.60% |
| 2018-01-16 | 51.59% |
| 2018-01-11 | 51.59% |
| 2018-01-09 | 51.59% |
| 2018-01-05 | 51.59% |
Showing the most recent 260 of 1,665 data points. The chart above shows the full history.
| N/A (Loss) |
| 2019 | ($1.12) | $8.22 | N/A (Loss) |
| 2018 | $18.05 | $6.84 | 37.9% |
| 2017 | $13.60 | $5.68 | 41.8% |
| 2016 | $7.70 | $4.36 | 56.6% |
| 2015 | $7.52 | $3.64 | 48.4% |
| 2014 | $7.47 | $2.92 | 39.1% |
| 2013 | $6.03 | $1.94 | 32.2% |
| 2012 | $5.15 | $1.76 | 34.2% |
| 2011 | $5.39 | $1.68 | 31.2% |
| 2010 | $4.49 | $1.68 | 37.4% |
| 2009 | $1.86 | $1.68 | 90.3% |
| 2008 | $3.70 | $1.60 | 43.2% |
| 2007 | $5.38 | $1.40 | 26.0% |
| 2006 | $2.89 | $1.20 | 41.5% |
| 2005 | $3.27 | $1.00 | 30.6% |
| 2004 | $2.33 | $0.77 | 33.0% |
| 2003 | $0.90 | $0.68 | 75.6% |
| 2002 | $0.62 | $0.68 | 109.7% |
| 2001 | $3.46 | $0.68 | 19.7% |
| 2000 | $2.48 | $0.56 | 22.6% |
| 1999 | $2.52 | $0.56 | 22.2% |
| 1998 | $1.16 | $0.56 | 48.3% |
| 1997 | ($0.18) | $0.56 | N/A (Loss) |
| 1996 | $1.88 | $0.55 | 29.0% |
