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 138.77% is 202% above its 5-year average of 45.93%, near the high end of its 5-year range (27.33%–138.85%).
As of Friday, June 27, 2025. 31.03% above its 12-month average of 105.90%.
Dividend Payout Ratio (138.77%) = TTM Dividends/Share ($1.44) / TTM EPS ($1.04)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2025-06-27.
DIVIDEND PAYOUT RATIO
138.77%
DIVIDEND PAYOUT RATIO AVG TTM
105.90%
DIVIDEND PAYOUT RATIO AVG 3Y
50.20%
DIVIDEND PAYOUT RATIO AVG 5Y
45.93%
DIVIDEND PAYOUT RATIO AVG 10Y
79.88%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+31.03%
CURRENT VS 3Y AVG
+176.44%
CURRENT VS 5Y AVG
+202.11%
CURRENT VS 10Y AVG
+73.73%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $0.73 | $1.44 | 197.7% |
| 2024-12-31 | $1.11 | $1.44 | 130.0% |
| 2023-12-31 | $1.75 | $1.28 | 73.3% |
| 2022-12-31 | ($0.27) | $0.75 | N/A (Loss) |
| 2021-12-31 | $0.82 | $0.78 | 95.0% |
| 2020-12-31 | $0.12 |
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 |
|---|---|
| 2025-06-27 | 138.77% |
| 2025-06-25 | 138.84% |
| 2025-06-23 | 138.79% |
| 2025-06-18 | 138.82% |
| 2025-06-16 | 138.75% |
| 2025-06-12 | 138.83% |
| 2025-06-10 | 138.74% |
| 2025-06-06 | 138.83% |
| 2025-06-04 | 138.81% |
| 2025-06-02 | 138.84% |
| 2025-05-29 | 138.83% |
| 2025-05-27 | 138.79% |
| 2025-05-22 | 138.81% |
| 2025-05-20 | 138.75% |
| 2025-05-16 | 138.78% |
| 2025-05-14 | 127.19% |
| 2025-05-12 | 138.80% |
| 2025-05-08 | 138.83% |
| 2025-05-06 | 138.81% |
| 2025-05-02 | 138.82% |
| 2025-04-30 | 138.83% |
| 2025-04-28 | 138.81% |
| 2025-04-24 | 138.82% |
| 2025-04-22 | 138.81% |
| 2025-04-17 | 138.78% |
| 2025-04-15 | 138.85% |
| 2025-04-11 | 138.80% |
| 2025-04-09 | 138.83% |
| 2025-04-07 | 138.80% |
| 2025-04-03 | 138.80% |
| 2025-04-01 | 138.75% |
| 2025-03-28 | 138.77% |
| 2025-03-26 | 138.79% |
| 2025-03-24 | 138.74% |
| 2025-03-20 | 138.84% |
| 2025-03-18 | 138.76% |
| 2025-03-14 | 138.83% |
| 2025-03-12 | 138.75% |
| 2025-03-10 | 138.83% |
| 2025-03-06 | 138.76% |
| 2025-03-04 | 138.76% |
| 2025-02-28 | 138.75% |
| 2025-02-26 | 138.82% |
| 2025-02-24 | 138.82% |
| 2025-02-20 | 138.75% |
| 2025-02-18 | 138.76% |
| 2025-02-13 | 127.25% |
| 2025-02-11 | 138.80% |
| 2025-02-07 | 138.78% |
| 2025-02-05 | 138.76% |
| 2025-02-03 | 138.78% |
| 2025-01-30 | 138.77% |
| 2025-01-28 | 138.75% |
| 2025-01-24 | 138.76% |
| 2025-01-22 | 138.73% |
| 2025-01-17 | 138.80% |
| 2025-01-15 | 138.73% |
| 2025-01-13 | 127.18% |
| 2025-01-08 | 138.81% |
| 2025-01-06 | 138.81% |
| 2025-01-02 | 138.75% |
| 2024-12-30 | 80.61% |
| 2024-12-26 | 80.64% |
| 2024-12-23 | 80.67% |
| 2024-12-19 | 80.64% |
| 2024-12-17 | 80.68% |
| 2024-12-13 | 73.96% |
| 2024-12-11 | 80.66% |
| 2024-12-09 | 80.59% |
| 2024-12-05 | 80.59% |
| 2024-12-03 | 80.61% |
| 2024-11-29 | 80.62% |
| 2024-11-26 | 80.61% |
| 2024-11-22 | 80.63% |
| 2024-11-20 | 80.61% |
| 2024-11-18 | 80.63% |
| 2024-11-14 | 73.87% |
| 2024-11-12 | 80.30% |
| 2024-11-08 | 80.31% |
| 2024-11-06 | 80.22% |
| 2024-11-04 | 80.21% |
| 2024-10-31 | 80.25% |
| 2024-10-29 | 80.29% |
| 2024-10-25 | 80.31% |
| 2024-10-23 | 80.27% |
| 2024-10-21 | 80.21% |
| 2024-10-17 | 80.30% |
| 2024-10-15 | 80.27% |
| 2024-10-11 | 79.93% |
| 2024-10-09 | 79.90% |
| 2024-10-07 | 79.87% |
| 2024-10-03 | 79.85% |
| 2024-10-01 | 79.85% |
| 2024-09-27 | 73.00% |
| 2024-09-25 | 73.00% |
| 2024-09-23 | 72.90% |
| 2024-09-19 | 72.95% |
| 2024-09-17 | 72.95% |
| 2024-09-13 | 66.81% |
| 2024-09-11 | 72.60% |
| 2024-09-09 | 72.61% |
| 2024-09-05 | 72.67% |
| 2024-09-03 | 72.56% |
| 2024-08-29 | 72.62% |
| 2024-08-27 | 72.62% |
| 2024-08-23 | 72.65% |
| 2024-08-21 | 72.67% |
| 2024-08-19 | 72.56% |
| 2024-08-15 | 72.65% |
| 2024-08-13 | 66.47% |
| 2024-08-09 | 72.31% |
| 2024-08-07 | 72.22% |
| 2024-08-05 | 72.26% |
| 2024-08-01 | 72.22% |
| 2024-07-30 | 72.28% |
| 2024-07-26 | 72.24% |
| 2024-07-24 | 72.24% |
| 2024-07-22 | 72.30% |
| 2024-07-18 | 72.31% |
| 2024-07-16 | 72.28% |
| 2024-07-12 | 66.11% |
| 2024-07-10 | 71.91% |
| 2024-07-08 | 71.90% |
| 2024-07-03 | 71.91% |
| 2024-07-01 | 71.97% |
| 2024-06-27 | 52.46% |
| 2024-06-25 | 52.39% |
| 2024-06-21 | 52.39% |
| 2024-06-18 | 52.41% |
| 2024-06-14 | 52.43% |
| 2024-06-12 | 52.12% |
| 2024-06-10 | 52.13% |
| 2024-06-06 | 52.20% |
| 2024-06-04 | 52.20% |
| 2024-05-31 | 52.13% |
| 2024-05-29 | 52.15% |
| 2024-05-24 | 52.22% |
| 2024-05-22 | 52.12% |
| 2024-05-20 | 52.17% |
| 2024-05-16 | 52.16% |
| 2024-05-14 | 52.15% |
| 2024-05-10 | 51.68% |
| 2024-05-08 | 51.73% |
| 2024-05-06 | 51.70% |
| 2024-05-02 | 51.72% |
| 2024-04-30 | 51.76% |
| 2024-04-26 | 51.76% |
| 2024-04-24 | 51.73% |
| 2024-04-22 | 51.70% |
| 2024-04-18 | 51.71% |
| 2024-04-16 | 51.69% |
| 2024-04-12 | 51.76% |
| 2024-04-10 | 51.25% |
| 2024-04-08 | 51.30% |
| 2024-04-04 | 51.31% |
| 2024-04-02 | 51.23% |
| 2024-03-28 | 47.92% |
| 2024-03-26 | 47.92% |
| 2024-03-22 | 47.93% |
| 2024-03-20 | 47.89% |
| 2024-03-18 | 47.88% |
| 2024-03-14 | 47.85% |
| 2024-03-12 | 47.49% |
| 2024-03-08 | 47.49% |
| 2024-03-06 | 47.46% |
| 2024-03-04 | 47.50% |
| 2024-02-29 | 47.52% |
| 2024-02-27 | 47.43% |
| 2024-02-23 | 47.49% |
| 2024-02-21 | 47.46% |
| 2024-02-16 | 47.51% |
| 2024-02-14 | 47.51% |
| 2024-02-12 | 46.04% |
| 2024-02-08 | 45.96% |
| 2024-02-06 | 46.03% |
| 2024-02-02 | 45.99% |
| 2024-01-31 | 45.95% |
| 2024-01-29 | 46.03% |
| 2024-01-25 | 46.00% |
| 2024-01-23 | 45.98% |
| 2024-01-19 | 46.06% |
| 2024-01-17 | 45.99% |
| 2024-01-12 | 46.00% |
| 2024-01-10 | 44.54% |
| 2024-01-08 | 44.51% |
| 2024-01-04 | 44.49% |
| 2024-01-02 | 44.53% |
| 2023-12-28 | 44.53% |
| 2023-12-26 | 44.55% |
| 2023-12-21 | 44.53% |
| 2023-12-19 | 44.52% |
| 2023-12-15 | 44.49% |
| 2023-12-13 | 43.07% |
| 2023-12-11 | 43.12% |
| 2023-12-07 | 43.11% |
| 2023-12-05 | 43.03% |
| 2023-12-01 | 43.10% |
| 2023-11-29 | 43.04% |
| 2023-11-27 | 43.11% |
| 2023-11-22 | 43.12% |
| 2023-11-20 | 43.08% |
| 2023-11-16 | 43.09% |
| 2023-11-14 | 43.11% |
| 2023-11-10 | 41.80% |
| 2023-11-08 | 41.83% |
| 2023-11-06 | 41.80% |
| 2023-11-02 | 41.87% |
| 2023-10-31 | 41.78% |
| 2023-10-27 | 41.86% |
| 2023-10-25 | 41.79% |
| 2023-10-23 | 41.83% |
| 2023-10-19 | 41.82% |
| 2023-10-17 | 41.87% |
| 2023-10-13 | 41.81% |
| 2023-10-11 | 40.61% |
| 2023-10-09 | 40.60% |
| 2023-10-05 | 40.59% |
| 2023-10-03 | 40.55% |
| 2023-09-29 | 41.20% |
| 2023-09-27 | 41.19% |
| 2023-09-25 | 41.18% |
| 2023-09-21 | 41.19% |
| 2023-09-19 | 41.14% |
| 2023-09-15 | 41.12% |
| 2023-09-13 | 39.42% |
| 2023-09-11 | 39.50% |
| 2023-09-07 | 39.43% |
| 2023-09-05 | 39.45% |
| 2023-08-31 | 39.46% |
| 2023-08-29 | 39.47% |
| 2023-08-25 | 39.50% |
| 2023-08-23 | 39.46% |
| 2023-08-21 | 39.46% |
| 2023-08-17 | 39.48% |
| 2023-08-15 | 39.47% |
| 2023-08-11 | 37.74% |
| 2023-08-09 | 37.79% |
| 2023-08-07 | 37.72% |
| 2023-08-03 | 37.71% |
| 2023-08-01 | 37.73% |
| 2023-07-28 | 37.71% |
| 2023-07-26 | 37.78% |
| 2023-07-24 | 37.71% |
| 2023-07-20 | 37.71% |
| 2023-07-18 | 37.73% |
| 2023-07-14 | 37.71% |
| 2023-07-12 | 36.00% |
| 2023-07-10 | 36.05% |
| 2023-07-06 | 36.01% |
| 2023-07-03 | 36.07% |
| 2023-06-29 | 36.06% |
| 2023-06-27 | 36.06% |
| 2023-06-23 | 36.05% |
| 2023-06-21 | 36.06% |
| 2023-06-16 | 36.02% |
| 2023-06-14 | 36.04% |
| 2023-06-12 | 34.35% |
| 2023-06-08 | 34.35% |
| 2023-06-06 | 34.30% |
| 2023-06-02 | 34.37% |
Showing the most recent 260 of 1,530 data points. The chart above shows the full history.
| $0.89 |
| 743.7% |
| 2019-10-31 | $0.39 | $0.81 | 208.6% |
| 2018-10-31 | $0.55 | $0.71 | 129.7% |
| 2017-10-31 | $0.85 | $0.77 | 90.2% |
| 2016-10-31 | $0.93 | $0.70 | 75.2% |
| 2015-10-31 | $0.42 | $0.81 | 192.9% |
| 2014-10-31 | $0.62 | $0.84 | 135.9% |
| 2013-10-31 | $1.31 | $1.04 | 79.8% |
| 2012-10-31 | $1.65 | $1.09 | 66.4% |
