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 38.46% is 275% above its 5-year average of 10.26%, near the high end of its 5-year range (5.45%–38.46%).
As of Wednesday, November 5, 2025. 39.57% above its 12-month average of 27.56%.
Dividend Payout Ratio (38.46%) = TTM Dividends/Share ($0.20) / TTM EPS ($0.52)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2025-11-05.
DIVIDEND PAYOUT RATIO
38.46%
DIVIDEND PAYOUT RATIO AVG TTM
27.56%
DIVIDEND PAYOUT RATIO AVG 3Y
15.87%
DIVIDEND PAYOUT RATIO AVG 5Y
10.26%
DIVIDEND PAYOUT RATIO AVG 10Y
13.27%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+39.57%
CURRENT VS 3Y AVG
+142.39%
CURRENT VS 5Y AVG
+274.82%
CURRENT VS 10Y AVG
+189.78%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($0.15) | $0.20 | N/A (Loss) |
| 2024-12-31 | $0.76 | $0.20 | 26.3% |
| 2023-12-31 | $2.92 | $0.20 | 6.8% |
| 2022-12-31 | $2.00 | $0.20 | 10.0% |
| 2021-12-31 | $1.83 | $0.16 | 8.7% |
| 2020-12-31 | $1.03 |
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 |
|---|---|
| 2025-11-05 | 38.46% |
| 2025-11-04 | 38.46% |
| 2025-11-03 | 38.46% |
| 2025-10-31 | 38.46% |
| 2025-10-30 | 38.46% |
| 2025-10-29 | 38.46% |
| 2025-10-28 | 38.46% |
| 2025-10-27 | 38.46% |
| 2025-10-24 | 38.46% |
| 2025-10-23 | 38.46% |
| 2025-10-22 | 38.46% |
| 2025-10-21 | 38.46% |
| 2025-10-20 | 38.46% |
| 2025-10-17 | 38.46% |
| 2025-10-16 | 38.46% |
| 2025-10-15 | 38.46% |
| 2025-10-14 | 38.46% |
| 2025-10-13 | 38.46% |
| 2025-10-10 | 38.46% |
| 2025-10-09 | 38.46% |
| 2025-10-08 | 38.46% |
| 2025-10-07 | 38.46% |
| 2025-10-06 | 38.46% |
| 2025-10-03 | 38.46% |
| 2025-10-02 | 38.46% |
| 2025-10-01 | 38.46% |
| 2025-09-30 | 38.46% |
| 2025-09-29 | 38.46% |
| 2025-09-26 | 38.46% |
| 2025-09-25 | 38.46% |
| 2025-09-24 | 38.46% |
| 2025-09-23 | 38.46% |
| 2025-09-22 | 28.85% |
| 2025-09-19 | 28.85% |
| 2025-09-18 | 28.85% |
| 2025-09-17 | 28.85% |
| 2025-09-16 | 28.85% |
| 2025-09-15 | 28.84% |
| 2025-09-12 | 28.85% |
| 2025-09-11 | 28.84% |
| 2025-09-10 | 28.84% |
| 2025-09-09 | 28.85% |
| 2025-09-08 | 28.85% |
| 2025-09-05 | 28.85% |
| 2025-09-04 | 28.85% |
| 2025-09-03 | 28.84% |
| 2025-09-02 | 28.84% |
| 2025-08-29 | 38.46% |
| 2025-08-27 | 38.46% |
| 2025-08-25 | 38.46% |
| 2025-08-21 | 38.46% |
| 2025-08-19 | 38.46% |
| 2025-08-15 | 38.46% |
| 2025-08-13 | 38.46% |
| 2025-08-11 | 38.46% |
| 2025-08-07 | 38.46% |
| 2025-08-05 | 38.46% |
| 2025-08-01 | 38.46% |
| 2025-07-30 | 38.46% |
| 2025-07-28 | 38.46% |
| 2025-07-24 | 38.46% |
| 2025-07-22 | 38.46% |
| 2025-07-18 | 38.46% |
| 2025-07-16 | 38.46% |
| 2025-07-14 | 38.46% |
| 2025-07-10 | 38.46% |
| 2025-07-08 | 38.46% |
| 2025-07-03 | 38.46% |
| 2025-07-01 | 38.46% |
| 2025-06-27 | 38.46% |
| 2025-06-25 | 38.46% |
| 2025-06-23 | 38.46% |
| 2025-06-18 | 38.46% |
| 2025-06-16 | 38.46% |
| 2025-06-12 | 28.84% |
| 2025-06-10 | 28.85% |
| 2025-06-06 | 28.84% |
| 2025-06-04 | 28.85% |
| 2025-06-02 | 38.46% |
| 2025-05-29 | 38.46% |
| 2025-05-27 | 38.46% |
| 2025-05-22 | 38.46% |
| 2025-05-20 | 38.46% |
| 2025-05-16 | 38.46% |
| 2025-05-14 | 38.46% |
| 2025-05-12 | 38.46% |
| 2025-05-08 | 38.46% |
| 2025-05-06 | 26.32% |
| 2025-05-02 | 26.32% |
| 2025-04-30 | 26.32% |
| 2025-04-28 | 26.31% |
| 2025-04-24 | 26.32% |
| 2025-04-22 | 26.31% |
| 2025-04-17 | 26.32% |
| 2025-04-15 | 26.32% |
| 2025-04-11 | 26.32% |
| 2025-04-09 | 26.32% |
| 2025-04-07 | 26.32% |
| 2025-04-03 | 26.31% |
| 2025-04-01 | 26.32% |
| 2025-03-28 | 26.32% |
| 2025-03-26 | 26.32% |
| 2025-03-24 | 26.31% |
| 2025-03-20 | 26.31% |
| 2025-03-18 | 26.32% |
| 2025-03-14 | 19.74% |
| 2025-03-12 | 19.74% |
| 2025-03-10 | 19.74% |
| 2025-03-06 | 19.74% |
| 2025-03-04 | 19.74% |
| 2025-02-28 | 7.21% |
| 2025-02-26 | 9.62% |
| 2025-02-24 | 9.62% |
| 2025-02-20 | 9.61% |
| 2025-02-18 | 9.62% |
| 2025-02-13 | 9.61% |
| 2025-02-11 | 9.62% |
| 2025-02-07 | 9.62% |
| 2025-02-05 | 9.62% |
| 2025-02-03 | 9.61% |
| 2025-01-30 | 9.61% |
| 2025-01-28 | 9.62% |
| 2025-01-24 | 9.61% |
| 2025-01-22 | 9.61% |
| 2025-01-17 | 9.62% |
| 2025-01-15 | 9.62% |
| 2025-01-13 | 9.61% |
| 2025-01-08 | 9.61% |
| 2025-01-06 | 9.62% |
| 2025-01-02 | 9.61% |
| 2024-12-30 | 9.62% |
| 2024-12-26 | 9.61% |
| 2024-12-23 | 9.61% |
| 2024-12-19 | 9.61% |
| 2024-12-17 | 9.61% |
| 2024-12-13 | 9.61% |
| 2024-12-11 | 9.62% |
| 2024-12-09 | 9.61% |
| 2024-12-05 | 9.62% |
| 2024-12-03 | 9.62% |
| 2024-11-29 | 7.21% |
| 2024-11-26 | 9.61% |
| 2024-11-22 | 9.62% |
| 2024-11-20 | 9.62% |
| 2024-11-18 | 9.61% |
| 2024-11-14 | 9.62% |
| 2024-11-12 | 9.61% |
| 2024-11-08 | 9.61% |
| 2024-11-06 | 9.62% |
| 2024-11-04 | 8.30% |
| 2024-10-31 | 8.30% |
| 2024-10-29 | 8.30% |
| 2024-10-25 | 8.30% |
| 2024-10-23 | 8.30% |
| 2024-10-21 | 8.30% |
| 2024-10-17 | 8.30% |
| 2024-10-15 | 8.30% |
| 2024-10-11 | 8.30% |
| 2024-10-09 | 8.30% |
| 2024-10-07 | 8.30% |
| 2024-10-03 | 8.30% |
| 2024-10-01 | 8.30% |
| 2024-09-27 | 8.30% |
| 2024-09-25 | 8.30% |
| 2024-09-23 | 8.30% |
| 2024-09-19 | 8.30% |
| 2024-09-17 | 8.30% |
| 2024-09-13 | 8.30% |
| 2024-09-11 | 8.30% |
| 2024-09-09 | 8.30% |
| 2024-09-05 | 8.30% |
| 2024-09-03 | 8.30% |
| 2024-08-29 | 8.30% |
| 2024-08-27 | 8.30% |
| 2024-08-23 | 8.30% |
| 2024-08-21 | 8.30% |
| 2024-08-19 | 8.30% |
| 2024-08-15 | 8.30% |
| 2024-08-13 | 8.30% |
| 2024-08-09 | 7.27% |
| 2024-08-07 | 7.27% |
| 2024-08-05 | 7.27% |
| 2024-08-01 | 7.27% |
| 2024-07-30 | 7.27% |
| 2024-07-26 | 7.27% |
| 2024-07-24 | 7.27% |
| 2024-07-22 | 7.27% |
| 2024-07-18 | 7.27% |
| 2024-07-16 | 7.27% |
| 2024-07-12 | 7.27% |
| 2024-07-10 | 7.27% |
| 2024-07-08 | 7.27% |
| 2024-07-03 | 7.27% |
| 2024-07-01 | 7.27% |
| 2024-06-27 | 7.27% |
| 2024-06-25 | 7.27% |
| 2024-06-21 | 7.27% |
| 2024-06-18 | 7.27% |
| 2024-06-14 | 7.27% |
| 2024-06-12 | 7.27% |
| 2024-06-10 | 7.27% |
| 2024-06-06 | 7.27% |
| 2024-06-04 | 7.27% |
| 2024-05-31 | 5.45% |
| 2024-05-29 | 7.27% |
| 2024-05-24 | 7.27% |
| 2024-05-22 | 7.27% |
| 2024-05-20 | 7.27% |
| 2024-05-16 | 7.27% |
| 2024-05-14 | 7.27% |
| 2024-05-10 | 6.85% |
| 2024-05-08 | 6.85% |
| 2024-05-06 | 6.85% |
| 2024-05-02 | 6.85% |
| 2024-04-30 | 6.85% |
| 2024-04-26 | 6.85% |
| 2024-04-24 | 6.85% |
| 2024-04-22 | 6.85% |
| 2024-04-18 | 6.85% |
| 2024-04-16 | 6.85% |
| 2024-04-12 | 6.85% |
| 2024-04-10 | 6.85% |
| 2024-04-08 | 6.85% |
| 2024-04-04 | 6.85% |
| 2024-04-02 | 6.85% |
| 2024-03-28 | 6.85% |
| 2024-03-26 | 6.85% |
| 2024-03-22 | 6.85% |
| 2024-03-20 | 6.85% |
| 2024-03-18 | 6.85% |
| 2024-03-14 | 6.85% |
| 2024-03-12 | 6.85% |
| 2024-03-08 | 6.85% |
| 2024-03-06 | 6.85% |
| 2024-03-04 | 6.85% |
| 2024-02-29 | 9.22% |
| 2024-02-27 | 9.22% |
| 2024-02-23 | 9.22% |
| 2024-02-21 | 9.22% |
| 2024-02-16 | 9.22% |
| 2024-02-14 | 9.22% |
| 2024-02-12 | 9.22% |
| 2024-02-08 | 9.22% |
| 2024-02-06 | 9.22% |
| 2024-02-02 | 9.22% |
| 2024-01-31 | 9.22% |
| 2024-01-29 | 9.22% |
| 2024-01-25 | 9.22% |
| 2024-01-23 | 9.22% |
| 2024-01-19 | 9.22% |
| 2024-01-17 | 9.22% |
| 2024-01-12 | 9.22% |
| 2024-01-10 | 9.22% |
| 2024-01-08 | 9.22% |
| 2024-01-04 | 9.22% |
| 2024-01-02 | 9.22% |
| 2023-12-28 | 9.22% |
| 2023-12-26 | 9.22% |
| 2023-12-21 | 9.22% |
| 2023-12-19 | 9.22% |
Showing the most recent 260 of 1,242 data points. The chart above shows the full history.
| $0.16 |
| 15.5% |
| 2019-12-31 | $1.27 | $0.16 | 12.6% |
| 2018-12-31 | $1.15 | $0.16 | 13.9% |
| 2017-12-31 | $0.50 | $0.16 | 32.0% |
| 2016-12-31 | $0.95 | $0.16 | 16.8% |