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 21.34% is 12% below its 5-year average of 24.26%, near the low end of its 5-year range (11.17%–92.86%).
As of Friday, August 9, 2024. 11.09% above its 12-month average of 19.21%.
Dividend Payout Ratio (21.34%) = TTM Dividends/Share ($0.48) / TTM EPS ($2.25)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2024-08-09.
DIVIDEND PAYOUT RATIO
21.34%
DIVIDEND PAYOUT RATIO AVG TTM
19.21%
DIVIDEND PAYOUT RATIO AVG 3Y
17.30%
DIVIDEND PAYOUT RATIO AVG 5Y
24.26%
DIVIDEND PAYOUT RATIO AVG 10Y
25.57%
DIVIDEND PAYOUT RATIO AVG 15Y
25.29%
DIVIDEND PAYOUT RATIO AVG 20Y
22.86%
CURRENT VS TTM AVG
+11.09%
CURRENT VS 3Y AVG
+23.36%
CURRENT VS 5Y AVG
-12.04%
CURRENT VS 10Y AVG
-16.52%
CURRENT VS 15Y AVG
-15.62%
CURRENT VS 20Y AVG
-6.65%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($3.48) | $0.00 | N/A (Loss) |
| 2024-12-31 | ($29.43) | $0.00 | N/A (Loss) |
| 2022-12-31 | $7.18 | $0.96 | 13.4% |
| 2021-12-31 | $3.87 | $0.84 | 21.7% |
| 2020-12-31 | $0.85 | $0.75 | 88.2% |
| 2019-12-31 | $3.06 |
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 |
|---|---|
| 2024-08-09 | 21.34% |
| 2024-08-07 | 21.33% |
| 2024-08-05 | 21.33% |
| 2024-08-01 | 21.34% |
| 2024-07-30 | 21.33% |
| 2024-07-26 | 21.34% |
| 2024-07-24 | 21.32% |
| 2024-07-22 | 21.33% |
| 2024-07-18 | 21.34% |
| 2024-07-16 | 21.33% |
| 2024-07-12 | 21.34% |
| 2024-07-10 | 21.32% |
| 2024-07-08 | 21.33% |
| 2024-07-03 | 21.32% |
| 2024-07-01 | 21.32% |
| 2024-06-27 | 21.34% |
| 2024-06-25 | 21.32% |
| 2024-06-21 | 21.34% |
| 2024-06-18 | 21.32% |
| 2024-06-14 | 21.33% |
| 2024-06-12 | 21.33% |
| 2024-06-10 | 21.34% |
| 2024-06-06 | 21.33% |
| 2024-06-04 | 21.34% |
| 2024-05-31 | 21.34% |
| 2024-05-29 | 21.34% |
| 2024-05-24 | 21.33% |
| 2024-05-22 | 31.97% |
| 2024-05-20 | 32.00% |
| 2024-05-16 | 31.98% |
| 2024-05-14 | 11.17% |
| 2024-05-10 | 11.19% |
| 2024-05-08 | 11.21% |
| 2024-05-06 | 11.20% |
| 2024-05-02 | 11.18% |
| 2024-04-30 | 11.18% |
| 2024-04-26 | 11.19% |
| 2024-04-24 | 11.19% |
| 2024-04-22 | 11.19% |
| 2024-04-18 | 11.20% |
| 2024-04-16 | 11.19% |
| 2024-04-12 | 11.20% |
| 2024-04-10 | 11.20% |
| 2024-04-08 | 11.19% |
| 2024-04-04 | 11.21% |
| 2024-04-02 | 11.19% |
| 2024-03-28 | 11.20% |
| 2024-03-26 | 11.19% |
| 2024-03-22 | 11.19% |
| 2024-03-20 | 11.20% |
| 2024-03-18 | 11.21% |
| 2024-03-14 | 17.60% |
| 2024-03-12 | 17.62% |
| 2024-03-08 | 17.62% |
| 2024-03-06 | 17.61% |
| 2024-03-04 | 17.60% |
| 2024-02-29 | 17.61% |
| 2024-02-27 | 23.48% |
| 2024-02-23 | 23.48% |
| 2024-02-21 | 23.47% |
| 2024-02-16 | 23.47% |
| 2024-02-14 | 23.47% |
| 2024-02-12 | 23.46% |
| 2024-02-08 | 23.47% |
| 2024-02-06 | 23.46% |
| 2024-02-02 | 23.47% |
| 2024-01-31 | 23.47% |
| 2024-01-29 | 23.47% |
| 2024-01-25 | 23.47% |
| 2024-01-23 | 23.47% |
| 2024-01-19 | 23.47% |
| 2024-01-17 | 23.47% |
| 2024-01-12 | 23.48% |
| 2024-01-10 | 23.48% |
| 2024-01-08 | 23.48% |
| 2024-01-04 | 23.47% |
| 2024-01-02 | 23.47% |
| 2023-12-28 | 23.48% |
| 2023-12-26 | 23.47% |
| 2023-12-21 | 23.47% |
| 2023-12-19 | 23.47% |
| 2023-12-15 | 23.47% |
| 2023-12-13 | 23.47% |
| 2023-12-11 | 23.47% |
| 2023-12-07 | 23.47% |
| 2023-12-05 | 23.47% |
| 2023-12-01 | 23.47% |
| 2023-11-29 | 23.47% |
| 2023-11-27 | 23.48% |
| 2023-11-22 | 23.47% |
| 2023-11-20 | 23.48% |
| 2023-11-16 | 23.47% |
| 2023-11-14 | 23.47% |
| 2023-11-10 | 23.48% |
| 2023-11-08 | 16.94% |
| 2023-11-06 | 16.93% |
| 2023-11-02 | 16.93% |
| 2023-10-31 | 16.93% |
| 2023-10-27 | 16.93% |
| 2023-10-25 | 16.93% |
| 2023-10-23 | 16.94% |
| 2023-10-19 | 16.94% |
| 2023-10-17 | 16.93% |
| 2023-10-13 | 16.93% |
| 2023-10-11 | 16.93% |
| 2023-10-09 | 16.93% |
| 2023-10-05 | 16.93% |
| 2023-10-03 | 16.93% |
| 2023-09-29 | 16.93% |
| 2023-09-27 | 16.93% |
| 2023-09-25 | 16.92% |
| 2023-09-21 | 16.93% |
| 2023-09-19 | 16.93% |
| 2023-09-15 | 16.94% |
| 2023-09-13 | 16.93% |
| 2023-09-11 | 16.93% |
| 2023-09-07 | 16.94% |
| 2023-09-05 | 16.93% |
| 2023-08-31 | 16.93% |
| 2023-08-29 | 16.93% |
| 2023-08-25 | 16.93% |
| 2023-08-23 | 16.93% |
| 2023-08-21 | 16.93% |
| 2023-08-17 | 16.93% |
| 2023-08-15 | 16.93% |
| 2023-08-11 | 16.93% |
| 2023-08-09 | 16.93% |
| 2023-08-07 | 16.94% |
| 2023-08-03 | 13.79% |
| 2023-08-01 | 13.80% |
| 2023-07-28 | 13.80% |
| 2023-07-26 | 13.79% |
| 2023-07-24 | 13.79% |
| 2023-07-20 | 13.79% |
| 2023-07-18 | 13.79% |
| 2023-07-14 | 13.79% |
| 2023-07-12 | 13.80% |
| 2023-07-10 | 13.79% |
| 2023-07-06 | 13.79% |
| 2023-07-03 | 13.79% |
| 2023-06-29 | 13.79% |
| 2023-06-27 | 13.80% |
| 2023-06-23 | 13.79% |
| 2023-06-21 | 13.79% |
| 2023-06-16 | 13.79% |
| 2023-06-14 | 13.79% |
| 2023-06-12 | 13.80% |
| 2023-06-08 | 13.79% |
| 2023-06-06 | 13.80% |
| 2023-06-02 | 13.80% |
| 2023-05-31 | 13.80% |
| 2023-05-26 | 13.79% |
| 2023-05-24 | 17.24% |
| 2023-05-22 | 13.80% |
| 2023-05-18 | 13.80% |
| 2023-05-16 | 13.80% |
| 2023-05-12 | 13.79% |
| 2023-05-10 | 13.39% |
| 2023-05-08 | 13.39% |
| 2023-05-04 | 13.39% |
| 2023-05-02 | 13.38% |
| 2023-04-28 | 13.39% |
| 2023-04-26 | 13.39% |
| 2023-04-24 | 13.39% |
| 2023-04-20 | 13.39% |
| 2023-04-18 | 13.39% |
| 2023-04-14 | 13.39% |
| 2023-04-12 | 13.39% |
| 2023-04-10 | 13.38% |
| 2023-04-05 | 13.39% |
| 2023-04-03 | 13.39% |
| 2023-03-30 | 13.39% |
| 2023-03-28 | 13.39% |
| 2023-03-24 | 13.39% |
| 2023-03-22 | 13.39% |
| 2023-03-20 | 13.39% |
| 2023-03-16 | 13.39% |
| 2023-03-14 | 13.39% |
| 2023-03-10 | 13.39% |
| 2023-03-08 | 13.39% |
| 2023-03-06 | 13.39% |
| 2023-03-02 | 13.39% |
| 2023-02-28 | 13.62% |
| 2023-02-24 | 13.62% |
| 2023-02-22 | 13.61% |
| 2023-02-17 | 13.61% |
| 2023-02-15 | 13.62% |
| 2023-02-13 | 13.62% |
| 2023-02-09 | 13.61% |
| 2023-02-07 | 13.62% |
| 2023-02-03 | 13.61% |
| 2023-02-01 | 13.62% |
| 2023-01-30 | 13.62% |
| 2023-01-26 | 13.62% |
| 2023-01-24 | 13.62% |
| 2023-01-20 | 13.62% |
| 2023-01-18 | 13.62% |
| 2023-01-13 | 13.62% |
| 2023-01-11 | 13.62% |
| 2023-01-09 | 13.62% |
| 2023-01-05 | 13.62% |
| 2023-01-03 | 13.62% |
| 2022-12-29 | 13.62% |
| 2022-12-27 | 13.62% |
| 2022-12-22 | 13.61% |
| 2022-12-20 | 13.62% |
| 2022-12-16 | 13.62% |
| 2022-12-14 | 13.62% |
| 2022-12-12 | 13.62% |
| 2022-12-08 | 13.62% |
| 2022-12-06 | 13.62% |
| 2022-12-02 | 13.62% |
| 2022-11-30 | 13.62% |
| 2022-11-28 | 13.62% |
| 2022-11-23 | 13.62% |
| 2022-11-21 | 13.19% |
| 2022-11-17 | 13.19% |
| 2022-11-15 | 13.19% |
| 2022-11-11 | 13.19% |
| 2022-11-09 | 15.58% |
| 2022-11-07 | 15.58% |
| 2022-11-03 | 15.58% |
| 2022-11-01 | 15.58% |
| 2022-10-28 | 15.58% |
| 2022-10-26 | 15.58% |
| 2022-10-24 | 15.58% |
| 2022-10-20 | 15.58% |
| 2022-10-18 | 15.58% |
| 2022-10-14 | 15.57% |
| 2022-10-12 | 15.58% |
| 2022-10-10 | 15.58% |
| 2022-10-06 | 15.57% |
| 2022-10-04 | 15.58% |
| 2022-09-30 | 15.58% |
| 2022-09-28 | 15.58% |
| 2022-09-26 | 15.58% |
| 2022-09-22 | 15.58% |
| 2022-09-20 | 15.58% |
| 2022-09-16 | 15.58% |
| 2022-09-14 | 15.58% |
| 2022-09-12 | 15.57% |
| 2022-09-08 | 15.58% |
| 2022-09-06 | 15.58% |
| 2022-09-01 | 15.58% |
| 2022-08-30 | 15.58% |
| 2022-08-26 | 15.58% |
| 2022-08-24 | 15.58% |
| 2022-08-22 | 15.57% |
| 2022-08-18 | 19.10% |
| 2022-08-16 | 15.07% |
| 2022-08-12 | 15.07% |
| 2022-08-10 | 15.08% |
| 2022-08-08 | 17.89% |
| 2022-08-04 | 17.90% |
| 2022-08-02 | 17.89% |
| 2022-07-29 | 17.89% |
| 2022-07-27 | 17.89% |
| 2022-07-25 | 17.90% |
| 2022-07-21 | 17.89% |
| 2022-07-19 | 17.90% |
Showing the most recent 260 of 2,437 data points. The chart above shows the full history.
| $0.72 |
| 23.5% |
| 2018-12-31 | $3.17 | $0.63 | 19.9% |
| 2017-12-31 | $2.90 | $0.60 | 20.7% |
| 2016-12-31 | $0.91 | $0.51 | 56.0% |
| 2015-12-31 | $1.80 | $0.48 | 26.7% |
| 2014-12-31 | $1.99 | $0.48 | 24.1% |
| 2013-12-31 | $1.81 | $0.40 | 22.1% |
| 2012-12-31 | $1.82 | $0.34 | 18.7% |
| 2011-12-31 | $1.62 | $0.28 | 17.3% |
| 2010-12-31 | $1.11 | $0.28 | 25.2% |
| 2009-12-31 | $0.34 | $0.28 | 82.4% |
| 2008-12-31 | $1.48 | $0.28 | 18.9% |
| 2007-12-31 | $1.52 | $0.28 | 18.4% |
| 2006-12-31 | $1.57 | $0.28 | 17.8% |
| 2005-12-31 | $1.41 | $0.22 | 15.6% |
