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 160.00% is 192% above its 5-year average of 54.72%, near the high end of its 5-year range (27.58%–180.00%).
As of Wednesday, March 9, 2022. 0.00% below its 12-month average of 160.00%.
Dividend Payout Ratio (160.00%) = TTM Dividends/Share ($0.40) / TTM EPS ($0.25)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2022-03-09.
DIVIDEND PAYOUT RATIO
160.00%
DIVIDEND PAYOUT RATIO AVG TTM
160.00%
DIVIDEND PAYOUT RATIO AVG 3Y
57.84%
DIVIDEND PAYOUT RATIO AVG 5Y
54.72%
DIVIDEND PAYOUT RATIO AVG 10Y
80.14%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-0.00%
CURRENT VS 3Y AVG
+176.62%
CURRENT VS 5Y AVG
+192.40%
CURRENT VS 10Y AVG
+99.64%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-07-31 | ($6.95) | $0.00 | N/A (Loss) |
| 2024-07-31 | ($4.70) | $0.00 | N/A (Loss) |
| 2023-07-31 | ($0.96) | $0.20 | N/A (Loss) |
| 2022-07-31 | ($1.25) | $0.40 | N/A (Loss) |
| 2021-07-31 | ($2.86) | $0.40 | N/A (Loss) |
| 2020-07-31 | $0.28 |
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 |
|---|---|
| 2022-03-09 | 160.00% |
| 2022-03-07 | 160.00% |
| 2022-03-03 | 160.00% |
| 2022-03-01 | 160.00% |
| 2022-02-25 | 160.00% |
| 2022-02-23 | 160.00% |
| 2022-02-18 | 160.00% |
| 2022-02-16 | 160.00% |
| 2022-02-14 | 160.00% |
| 2022-02-10 | 160.00% |
| 2022-02-08 | 160.00% |
| 2022-02-04 | 160.00% |
| 2022-02-02 | 160.00% |
| 2022-01-31 | 160.00% |
| 2022-01-27 | 160.00% |
| 2022-01-25 | 160.00% |
| 2022-01-21 | 160.00% |
| 2022-01-19 | 160.00% |
| 2022-01-14 | 160.00% |
| 2022-01-12 | 160.00% |
| 2022-01-10 | 160.00% |
| 2022-01-06 | 160.00% |
| 2022-01-04 | 160.00% |
| 2021-12-31 | 160.00% |
| 2021-12-29 | 160.00% |
| 2021-12-27 | 160.00% |
| 2021-12-22 | 160.00% |
| 2021-12-20 | 160.00% |
| 2021-12-16 | 160.00% |
| 2021-12-14 | 160.00% |
| 2021-12-10 | 160.00% |
| 2020-12-08 | 142.86% |
| 2020-12-04 | 142.86% |
| 2020-12-02 | 142.86% |
| 2020-11-30 | 142.85% |
| 2020-11-25 | 142.87% |
| 2020-11-23 | 142.86% |
| 2020-11-19 | 142.87% |
| 2020-11-17 | 142.85% |
| 2020-11-13 | 142.86% |
| 2020-11-11 | 142.87% |
| 2020-11-09 | 142.85% |
| 2020-11-05 | 142.85% |
| 2020-11-03 | 142.87% |
| 2020-10-30 | 142.86% |
| 2020-10-28 | 142.85% |
| 2020-10-26 | 142.86% |
| 2020-10-22 | 142.85% |
| 2020-10-20 | 142.86% |
| 2020-10-16 | 142.86% |
| 2020-10-14 | 142.85% |
| 2020-10-12 | 142.86% |
| 2020-10-08 | 142.85% |
| 2020-10-06 | 142.85% |
| 2020-10-02 | 142.85% |
| 2020-09-30 | 142.86% |
| 2020-09-28 | 81.63% |
| 2020-09-24 | 81.62% |
| 2020-09-22 | 81.64% |
| 2020-09-18 | 81.63% |
| 2020-09-16 | 81.64% |
| 2020-09-14 | 81.64% |
| 2020-09-10 | 81.64% |
| 2020-09-08 | 81.63% |
| 2020-09-03 | 81.63% |
| 2020-09-01 | 81.64% |
| 2020-08-28 | 81.62% |
| 2020-08-26 | 81.63% |
| 2020-08-24 | 81.62% |
| 2020-08-20 | 81.62% |
| 2020-08-18 | 81.64% |
| 2020-08-14 | 81.64% |
| 2020-08-12 | 81.64% |
| 2020-08-10 | 81.63% |
| 2020-08-06 | 81.63% |
| 2020-08-04 | 81.63% |
| 2020-07-31 | 81.63% |
| 2020-07-29 | 81.64% |
| 2020-07-27 | 81.64% |
| 2020-07-23 | 81.62% |
| 2020-07-21 | 81.64% |
| 2020-07-17 | 81.63% |
| 2020-07-15 | 81.64% |
| 2020-07-13 | 81.62% |
| 2020-07-09 | 81.65% |
| 2020-07-07 | 81.63% |
| 2020-07-02 | 81.62% |
| 2020-06-30 | 81.63% |
| 2020-06-26 | 81.63% |
| 2020-06-24 | 81.64% |
| 2020-06-22 | 81.62% |
| 2020-06-18 | 81.63% |
| 2020-06-16 | 81.63% |
| 2020-06-12 | 81.63% |
| 2020-06-10 | 81.63% |
| 2020-06-08 | 81.64% |
| 2020-06-04 | 81.63% |
| 2020-06-02 | 41.66% |
| 2020-05-29 | 41.66% |
| 2020-05-27 | 41.66% |
| 2020-05-22 | 41.66% |
| 2020-05-20 | 41.68% |
| 2020-05-18 | 41.66% |
| 2020-05-14 | 41.66% |
| 2020-05-12 | 41.66% |
| 2020-05-08 | 41.67% |
| 2020-05-06 | 41.66% |
| 2020-05-04 | 41.67% |
| 2020-04-30 | 41.66% |
| 2020-04-28 | 41.66% |
| 2020-04-24 | 41.67% |
| 2020-04-22 | 41.67% |
| 2020-04-20 | 41.68% |
| 2020-04-16 | 41.66% |
| 2020-04-14 | 52.09% |
| 2020-04-09 | 41.66% |
| 2020-04-07 | 41.65% |
| 2020-04-03 | 41.67% |
| 2020-04-01 | 41.68% |
| 2020-03-30 | 41.67% |
| 2020-03-26 | 41.66% |
| 2020-03-24 | 41.68% |
| 2020-03-20 | 41.67% |
| 2020-03-18 | 41.65% |
| 2020-03-16 | 41.68% |
| 2020-03-12 | 41.66% |
| 2020-03-10 | 41.67% |
| 2020-03-06 | 41.66% |
| 2020-03-04 | 35.09% |
| 2020-03-02 | 35.09% |
| 2020-02-27 | 35.09% |
| 2020-02-25 | 35.08% |
| 2020-02-21 | 35.09% |
| 2020-02-19 | 35.08% |
| 2020-02-14 | 35.08% |
| 2020-02-12 | 35.09% |
| 2020-02-10 | 35.09% |
| 2020-02-06 | 35.09% |
| 2020-02-04 | 35.09% |
| 2020-01-31 | 35.09% |
| 2020-01-29 | 35.08% |
| 2020-01-27 | 35.09% |
| 2020-01-23 | 35.09% |
| 2020-01-21 | 35.09% |
| 2020-01-16 | 35.09% |
| 2020-01-14 | 43.86% |
| 2020-01-10 | 35.09% |
| 2020-01-08 | 35.08% |
| 2020-01-06 | 35.08% |
| 2020-01-02 | 35.09% |
| 2019-12-30 | 35.09% |
| 2019-12-26 | 35.08% |
| 2019-12-23 | 35.09% |
| 2019-12-19 | 35.09% |
| 2019-12-17 | 35.09% |
| 2019-12-13 | 35.09% |
| 2019-12-11 | 35.09% |
| 2019-12-09 | 35.09% |
| 2019-12-05 | 35.09% |
| 2019-12-03 | 39.21% |
| 2019-11-29 | 39.22% |
| 2019-11-26 | 39.21% |
| 2019-11-22 | 39.22% |
| 2019-11-20 | 39.22% |
| 2019-11-18 | 39.22% |
| 2019-11-14 | 39.21% |
| 2019-11-12 | 39.22% |
| 2019-11-08 | 39.22% |
| 2019-11-06 | 39.21% |
| 2019-11-04 | 39.22% |
| 2019-10-31 | 39.21% |
| 2019-10-29 | 39.21% |
| 2019-10-25 | 39.21% |
| 2019-10-23 | 39.21% |
| 2019-10-21 | 39.22% |
| 2019-10-17 | 39.22% |
| 2019-10-15 | 49.02% |
| 2019-10-11 | 39.22% |
| 2019-10-09 | 39.21% |
| 2019-10-07 | 39.22% |
| 2019-10-03 | 39.21% |
| 2019-10-01 | 39.21% |
| 2019-09-27 | 39.22% |
| 2019-09-25 | 39.21% |
| 2019-09-23 | 37.04% |
| 2019-09-19 | 37.03% |
| 2019-09-17 | 37.04% |
| 2019-09-13 | 37.04% |
| 2019-09-11 | 37.04% |
| 2019-09-09 | 37.03% |
| 2019-09-05 | 37.04% |
| 2019-09-03 | 37.04% |
| 2019-08-29 | 37.03% |
| 2019-08-27 | 37.04% |
| 2019-08-23 | 37.03% |
| 2019-08-21 | 37.04% |
| 2019-08-19 | 37.03% |
| 2019-08-15 | 37.04% |
| 2019-08-13 | 37.03% |
| 2019-08-09 | 37.03% |
| 2019-08-07 | 37.04% |
| 2019-08-05 | 37.03% |
| 2019-08-01 | 37.03% |
| 2019-07-30 | 37.04% |
| 2019-07-26 | 37.04% |
| 2019-07-24 | 37.04% |
| 2019-07-22 | 37.04% |
| 2019-07-18 | 37.04% |
| 2019-07-16 | 37.03% |
| 2019-07-12 | 37.04% |
| 2019-07-10 | 37.04% |
| 2019-07-08 | 37.04% |
| 2019-07-03 | 37.04% |
| 2019-07-01 | 37.04% |
| 2019-06-27 | 37.04% |
| 2019-06-25 | 37.03% |
| 2019-06-21 | 37.04% |
| 2019-06-19 | 37.04% |
| 2019-06-17 | 37.04% |
| 2019-06-13 | 37.04% |
| 2019-06-11 | 37.04% |
| 2019-06-07 | 37.03% |
| 2019-06-05 | 36.04% |
| 2019-06-03 | 36.04% |
| 2019-05-30 | 36.04% |
| 2019-05-28 | 36.03% |
| 2019-05-23 | 36.04% |
| 2019-05-21 | 36.03% |
| 2019-05-17 | 36.03% |
| 2019-05-15 | 36.03% |
| 2019-05-13 | 36.04% |
| 2019-05-09 | 36.04% |
| 2019-05-07 | 36.03% |
| 2019-05-03 | 36.03% |
| 2019-05-01 | 36.03% |
| 2019-04-29 | 36.03% |
| 2019-04-25 | 36.03% |
| 2019-04-23 | 36.04% |
| 2019-04-18 | 36.04% |
| 2019-04-16 | 45.04% |
| 2019-04-12 | 36.03% |
| 2019-04-10 | 36.04% |
| 2019-04-08 | 36.04% |
| 2019-04-04 | 36.03% |
| 2019-04-02 | 36.03% |
| 2019-03-29 | 36.04% |
| 2019-03-27 | 36.04% |
| 2019-03-25 | 36.04% |
| 2019-03-21 | 36.04% |
| 2019-03-19 | 36.03% |
| 2019-03-15 | 36.04% |
| 2019-03-13 | 36.04% |
| 2019-03-11 | 36.04% |
| 2019-03-07 | 36.04% |
| 2019-03-05 | 27.59% |
| 2019-03-01 | 27.58% |
| 2019-02-27 | 27.58% |
| 2019-02-25 | 27.59% |
| 2019-02-21 | 27.58% |
| 2019-02-19 | 27.58% |
Showing the most recent 260 of 1,182 data points. The chart above shows the full history.
| $0.40 |
| 142.9% |
| 2019-07-31 | $1.04 | $0.40 | 38.5% |
| 2018-07-31 | $1.25 | $0.40 | 32.0% |
| 2017-07-31 | $0.68 | $0.60 | 88.2% |
| 2016-07-31 | ($0.46) | $1.20 | N/A (Loss) |
| 2015-07-31 | $1.43 | $1.20 | 83.9% |
| 2014-07-31 | $1.58 | $1.18 | 74.4% |
| 2013-07-31 | $1.05 | $1.10 | 104.8% |
| 2012-07-31 | $1.62 | $1.10 | 67.9% |
| 2011-07-31 | $2.53 | $1.00 | 39.5% |
