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 235.75% is 22% above its 5-year average of 193.42%, around the middle of its 5-year range (78.37%–568.78%).
As of Friday, September 4, 2026. 82.51% above its 12-month average of 129.17%.
Dividend Payout Ratio (235.75%) = TTM Dividends/Share ($4.88) / TTM EPS ($2.07)
DIVIDEND PAYOUT RATIO
235.75%
DIVIDEND PAYOUT RATIO AVG TTM
129.17%
DIVIDEND PAYOUT RATIO AVG 3Y
164.05%
DIVIDEND PAYOUT RATIO AVG 5Y
193.42%
DIVIDEND PAYOUT RATIO AVG 10Y
237.64%
DIVIDEND PAYOUT RATIO AVG 15Y
227.54%
DIVIDEND PAYOUT RATIO AVG 20Y
229.14%
CURRENT VS TTM AVG
+82.51%
CURRENT VS 3Y AVG
+43.70%
CURRENT VS 5Y AVG
+21.89%
CURRENT VS 10Y AVG
-0.79%
CURRENT VS 15Y AVG
+3.61%
CURRENT VS 20Y AVG
+2.88%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $3.73 | $4.88 | 130.8% |
| 2024-12-31 | $1.74 | $4.88 | 280.5% |
| 2023-12-31 | $3.04 | $4.88 | 160.5% |
| 2022-12-31 | $1.18 | $4.88 | 413.6% |
| 2021-12-31 | $5.95 | $4.64 | 78.0% |
| 2020-12-31 | $1.01 |
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. For REITs, GAAP earnings understate cash generation (large non-cash depreciation), so read this alongside the FCF payout ratio — FFO/AFFO payout is the industry standard.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-09-04 | 235.75% |
| 2026-09-03 | 235.75% |
| 2026-09-02 | 235.74% |
| 2026-09-01 | 235.76% |
| 2026-08-31 | 235.76% |
| 2026-08-28 | 235.75% |
| 2026-08-27 | 235.74% |
| 2026-08-26 | 235.74% |
| 2026-08-25 | 235.75% |
| 2026-08-24 | 235.76% |
| 2026-08-21 | 235.76% |
| 2026-08-20 | 235.74% |
| 2026-08-19 | 235.74% |
| 2026-08-18 | 235.74% |
| 2026-08-17 | 235.75% |
| 2026-08-14 | 235.75% |
| 2026-08-13 | 235.75% |
| 2026-08-12 | 235.75% |
| 2026-08-11 | 235.75% |
| 2026-08-10 | 235.76% |
| 2026-08-07 | 235.74% |
| 2026-08-06 | 235.74% |
| 2026-08-05 | 235.75% |
| 2026-08-04 | 235.76% |
| 2026-08-03 | 235.76% |
| 2026-07-31 | 235.74% |
| 2026-07-30 | 128.42% |
| 2026-07-29 | 128.42% |
| 2026-07-28 | 128.43% |
| 2026-07-27 | 128.43% |
| 2026-07-24 | 128.42% |
| 2026-07-23 | 128.41% |
| 2026-07-22 | 128.42% |
| 2026-07-21 | 128.43% |
| 2026-07-20 | 128.42% |
| 2026-07-17 | 128.43% |
| 2026-07-16 | 128.41% |
| 2026-07-15 | 128.41% |
| 2026-07-14 | 128.43% |
| 2026-07-13 | 128.42% |
| 2026-07-10 | 128.43% |
| 2026-07-09 | 128.42% |
| 2026-07-08 | 128.41% |
| 2026-07-07 | 128.43% |
| 2026-07-06 | 128.42% |
| 2026-07-02 | 128.43% |
| 2026-07-01 | 128.42% |
| 2026-06-30 | 128.43% |
| 2026-06-29 | 128.41% |
| 2026-06-26 | 128.42% |
| 2026-06-25 | 128.42% |
| 2026-06-24 | 128.41% |
| 2026-06-23 | 128.43% |
| 2026-06-22 | 128.43% |
| 2026-06-18 | 128.41% |
| 2026-06-17 | 128.42% |
| 2026-06-16 | 128.43% |
| 2026-06-15 | 128.43% |
| 2026-06-12 | 128.41% |
| 2026-06-11 | 128.43% |
| 2026-06-10 | 128.41% |
| 2026-06-09 | 128.43% |
| 2026-06-08 | 128.41% |
| 2026-06-05 | 128.43% |
| 2026-06-04 | 128.43% |
| 2026-06-03 | 128.42% |
| 2026-06-02 | 128.42% |
| 2026-06-01 | 128.41% |
| 2026-05-29 | 128.42% |
| 2026-05-28 | 128.43% |
| 2026-05-27 | 128.42% |
| 2026-05-26 | 128.43% |
| 2026-05-22 | 128.41% |
| 2026-05-21 | 128.41% |
| 2026-05-20 | 128.42% |
| 2026-05-19 | 128.42% |
| 2026-05-18 | 128.43% |
| 2026-05-15 | 128.43% |
| 2026-05-14 | 128.43% |
| 2026-05-13 | 128.42% |
| 2026-05-12 | 128.43% |
| 2026-05-11 | 128.42% |
| 2026-05-08 | 128.43% |
| 2026-05-07 | 128.43% |
| 2026-05-06 | 128.43% |
| 2026-05-05 | 128.42% |
| 2026-05-04 | 128.42% |
| 2026-05-01 | 128.43% |
| 2026-04-30 | 135.18% |
| 2026-04-29 | 135.17% |
| 2026-04-28 | 135.18% |
| 2026-04-27 | 135.19% |
| 2026-04-24 | 135.18% |
| 2026-04-23 | 135.18% |
| 2026-04-22 | 135.18% |
| 2026-04-21 | 135.17% |
| 2026-04-20 | 135.17% |
| 2026-04-17 | 135.17% |
| 2026-04-16 | 135.18% |
| 2026-04-15 | 135.19% |
| 2026-04-14 | 135.19% |
| 2026-04-13 | 135.17% |
| 2026-04-10 | 135.18% |
| 2026-04-09 | 135.18% |
| 2026-04-08 | 135.18% |
| 2026-04-07 | 135.18% |
| 2026-04-06 | 135.17% |
| 2026-04-02 | 135.18% |
| 2026-04-01 | 135.19% |
| 2026-03-31 | 135.18% |
| 2026-03-30 | 135.19% |
| 2026-03-27 | 135.17% |
| 2026-03-26 | 135.19% |
| 2026-03-25 | 135.17% |
| 2026-03-24 | 135.19% |
| 2026-03-23 | 135.19% |
| 2026-03-20 | 135.19% |
| 2026-03-19 | 135.18% |
| 2026-03-18 | 135.19% |
| 2026-03-17 | 135.18% |
| 2026-03-16 | 135.19% |
| 2026-03-13 | 168.96% |
| 2026-03-12 | 135.18% |
| 2026-03-11 | 135.17% |
| 2026-03-10 | 135.18% |
| 2026-03-09 | 135.17% |
| 2026-03-06 | 135.19% |
| 2026-03-05 | 135.17% |
| 2026-03-04 | 135.19% |
| 2026-03-03 | 135.17% |
| 2026-03-02 | 135.18% |
| 2026-02-27 | 135.19% |
| 2026-02-26 | 135.19% |
| 2026-02-25 | 135.19% |
| 2026-02-24 | 135.17% |
| 2026-02-23 | 135.18% |
| 2026-02-20 | 135.17% |
| 2026-02-19 | 135.17% |
| 2026-02-18 | 135.18% |
| 2026-02-17 | 135.18% |
| 2026-02-13 | 135.18% |
| 2026-02-12 | 126.09% |
| 2026-02-11 | 126.10% |
| 2026-02-10 | 126.09% |
| 2026-02-09 | 126.10% |
| 2026-02-06 | 126.11% |
| 2026-02-05 | 126.11% |
| 2026-02-04 | 126.10% |
| 2026-02-03 | 126.09% |
| 2026-02-02 | 126.09% |
| 2026-01-30 | 126.09% |
| 2026-01-29 | 126.11% |
| 2026-01-28 | 126.09% |
| 2026-01-27 | 126.10% |
| 2026-01-26 | 126.10% |
| 2026-01-23 | 126.11% |
| 2026-01-22 | 126.10% |
| 2026-01-21 | 126.11% |
| 2026-01-20 | 126.11% |
| 2026-01-16 | 126.09% |
| 2026-01-15 | 126.10% |
| 2026-01-14 | 126.09% |
| 2026-01-13 | 126.11% |
| 2026-01-12 | 126.09% |
| 2026-01-09 | 126.10% |
| 2026-01-08 | 126.11% |
| 2026-01-07 | 126.10% |
| 2026-01-06 | 126.09% |
| 2026-01-05 | 126.10% |
| 2026-01-02 | 126.10% |
| 2025-12-31 | 126.11% |
| 2025-12-30 | 126.11% |
| 2025-12-29 | 126.10% |
| 2025-12-26 | 126.08% |
| 2025-12-24 | 126.10% |
| 2025-12-23 | 126.09% |
| 2025-12-22 | 126.11% |
| 2025-12-19 | 126.11% |
| 2025-12-18 | 126.08% |
| 2025-12-17 | 126.09% |
| 2025-12-16 | 126.09% |
| 2025-12-15 | 126.11% |
| 2025-12-12 | 126.11% |
| 2025-12-11 | 126.10% |
| 2025-12-10 | 126.11% |
| 2025-12-09 | 126.11% |
| 2025-12-08 | 126.10% |
| 2025-12-05 | 126.11% |
| 2025-12-04 | 126.11% |
| 2025-12-03 | 126.09% |
| 2025-12-02 | 126.10% |
| 2025-12-01 | 126.10% |
| 2025-11-28 | 126.08% |
| 2025-11-26 | 126.09% |
| 2025-11-25 | 126.09% |
| 2025-11-24 | 126.10% |
| 2025-11-21 | 126.08% |
| 2025-11-20 | 126.10% |
| 2025-11-19 | 126.09% |
| 2025-11-18 | 126.11% |
| 2025-11-17 | 126.10% |
| 2025-11-14 | 126.09% |
| 2025-11-13 | 126.11% |
| 2025-11-12 | 126.09% |
| 2025-11-11 | 126.10% |
| 2025-11-10 | 126.09% |
| 2025-11-07 | 126.10% |
| 2025-11-06 | 126.09% |
| 2025-11-05 | 126.10% |
| 2025-11-04 | 126.10% |
| 2025-11-03 | 126.09% |
| 2025-10-31 | 126.09% |
| 2025-10-30 | 128.01% |
| 2025-10-29 | 128.00% |
| 2025-10-28 | 128.01% |
| 2025-10-27 | 128.01% |
| 2025-10-24 | 127.99% |
| 2025-10-23 | 127.99% |
| 2025-10-22 | 127.99% |
| 2025-10-21 | 128.01% |
| 2025-10-20 | 128.01% |
| 2025-10-17 | 128.01% |
| 2025-10-16 | 128.00% |
| 2025-10-15 | 127.99% |
| 2025-10-14 | 127.99% |
| 2025-10-13 | 128.00% |
| 2025-10-10 | 127.99% |
| 2025-10-09 | 128.01% |
| 2025-10-08 | 127.99% |
| 2025-10-07 | 128.00% |
| 2025-10-06 | 128.01% |
| 2025-10-03 | 128.01% |
| 2025-10-02 | 127.99% |
| 2025-10-01 | 128.00% |
| 2025-09-30 | 128.01% |
| 2025-09-29 | 128.00% |
| 2025-09-26 | 127.99% |
| 2025-09-25 | 128.01% |
| 2025-09-24 | 127.99% |
| 2025-09-23 | 128.00% |
| 2025-09-22 | 128.00% |
| 2025-09-19 | 128.01% |
| 2025-09-18 | 128.01% |
| 2025-09-17 | 127.99% |
| 2025-09-16 | 127.99% |
| 2025-09-15 | 127.99% |
| 2025-09-12 | 128.01% |
| 2025-09-11 | 128.01% |
| 2025-09-10 | 128.00% |
| 2025-09-09 | 128.00% |
| 2025-09-08 | 127.99% |
| 2025-09-05 | 128.01% |
| 2025-09-04 | 127.99% |
| 2025-09-03 | 128.00% |
| 2025-09-02 | 128.00% |
| 2025-08-29 | 128.00% |
| 2025-08-28 | 128.01% |
| 2025-08-27 | 128.00% |
| 2025-08-26 | 127.99% |
| 2025-08-25 | 127.99% |
Showing the most recent 260 of 2,654 data points. The chart above shows the full history.
| $4.48 |
| 443.6% |
| 2019-12-31 | $2.37 | $4.32 | 182.3% |
| 2018-12-31 | $1.21 | $4.04 | 333.9% |
| 2017-12-31 | $0.99 | $3.72 | 375.8% |
| 2016-12-31 | $2.21 | $3.52 | 159.3% |
| 2015-12-31 | $1.57 | $3.40 | 216.6% |
| 2014-12-31 | $1.00 | $3.32 | 332.0% |
| 2013-12-31 | $2.12 | $3.12 | 147.2% |
| 2012-12-31 | $1.48 | $2.92 | 197.3% |
| 2011-12-31 | $1.33 | $2.72 | 204.5% |
| 2010-12-31 | $0.69 | $2.02 | 292.8% |
| 2009-12-31 | $0.62 | $1.47 | 237.1% |
| 2008-12-31 | $0.42 | $1.26 | 300.0% |
| 2007-12-31 | $0.31 | $1.17 | 377.0% |
| 2006-12-31 | $0.49 | $1.08 | 220.7% |
| 2005-12-31 | $0.25 | $1.00 | 398.5% |
| 2004-12-31 | $0.22 | $0.16 | 71.1% |
