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 226.11% is 31% below its 2-year average of 328.39%, near the low end of its 2-year range (226.03%–495.67%).
As of Monday, October 5, 2026. 29.32% below its 12-month average of 319.91%.
Dividend Payout Ratio (226.11%) = TTM Dividends/Share ($1.20) / TTM EPS ($0.53)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
226.11%
DIVIDEND PAYOUT RATIO AVG TTM
319.91%
DIVIDEND PAYOUT RATIO AVG 3Y
328.39%
DIVIDEND PAYOUT RATIO AVG 5Y
328.39%
DIVIDEND PAYOUT RATIO AVG 10Y
328.39%
DIVIDEND PAYOUT RATIO AVG 15Y
413.34%
DIVIDEND PAYOUT RATIO AVG 20Y
373.63%
CURRENT VS TTM AVG
-29.32%
CURRENT VS 3Y AVG
-31.14%
CURRENT VS 5Y AVG
-31.14%
CURRENT VS 10Y AVG
-31.14%
CURRENT VS 15Y AVG
-45.30%
CURRENT VS 20Y AVG
-39.48%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $0.41 | $1.20 | 292.7% |
| 2024-12-31 | $0.26 | $1.20 | 461.5% |
| 2023-12-31 | ($0.19) | $1.20 | N/A (Loss) |
| 2022-12-31 | ($0.04) | $1.50 | N/A (Loss) |
| 2021-12-31 | ($0.09) | $1.50 | N/A (Loss) |
| 2020-12-31 | $0.09 |
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 |
|---|---|
| 2026-10-05 | 226.11% |
| 2026-10-02 | 226.09% |
| 2026-10-01 | 226.04% |
| 2026-09-30 | 226.03% |
| 2026-09-29 | 226.12% |
| 2026-09-28 | 226.05% |
| 2026-09-25 | 226.08% |
| 2026-09-24 | 226.05% |
| 2026-09-23 | 226.06% |
| 2026-09-22 | 226.09% |
| 2026-09-21 | 244.94% |
| 2026-09-18 | 226.11% |
| 2026-09-17 | 226.07% |
| 2026-09-16 | 226.08% |
| 2026-09-15 | 226.11% |
| 2026-09-14 | 226.07% |
| 2026-09-11 | 226.03% |
| 2026-09-10 | 226.10% |
| 2026-09-09 | 226.10% |
| 2026-09-08 | 226.07% |
| 2026-09-04 | 226.09% |
| 2026-09-03 | 226.08% |
| 2026-09-02 | 226.06% |
| 2026-09-01 | 226.05% |
| 2026-08-31 | 226.03% |
| 2026-08-28 | 226.07% |
| 2026-08-27 | 226.04% |
| 2026-08-26 | 226.07% |
| 2026-08-25 | 226.10% |
| 2026-08-24 | 226.07% |
| 2026-08-21 | 226.06% |
| 2026-08-20 | 226.04% |
| 2026-08-19 | 244.95% |
| 2026-08-18 | 244.91% |
| 2026-08-17 | 226.03% |
| 2026-08-14 | 226.08% |
| 2026-08-13 | 226.04% |
| 2026-08-12 | 226.07% |
| 2026-08-11 | 226.10% |
| 2026-08-10 | 226.09% |
| 2026-08-07 | 226.10% |
| 2026-08-06 | 226.06% |
| 2026-08-05 | 265.29% |
| 2026-08-04 | 265.32% |
| 2026-08-03 | 265.31% |
| 2026-07-31 | 265.34% |
| 2026-07-30 | 265.30% |
| 2026-07-29 | 265.29% |
| 2026-07-28 | 265.30% |
| 2026-07-27 | 265.30% |
| 2026-07-24 | 265.28% |
| 2026-07-23 | 243.24% |
| 2026-07-22 | 243.18% |
| 2026-07-21 | 243.22% |
| 2026-07-20 | 265.33% |
| 2026-07-17 | 265.28% |
| 2026-07-16 | 265.33% |
| 2026-07-15 | 265.30% |
| 2026-07-14 | 265.30% |
| 2026-07-13 | 265.26% |
| 2026-07-10 | 265.27% |
| 2026-07-09 | 265.33% |
| 2026-07-08 | 265.27% |
| 2026-07-07 | 265.28% |
| 2026-07-06 | 265.28% |
| 2026-07-02 | 265.29% |
| 2026-07-01 | 265.29% |
| 2026-06-30 | 265.27% |
| 2026-06-29 | 265.33% |
| 2026-06-26 | 265.27% |
| 2026-06-25 | 265.29% |
| 2026-06-24 | 265.26% |
| 2026-06-23 | 265.27% |
| 2026-06-22 | 243.20% |
| 2026-06-18 | 265.35% |
| 2026-06-17 | 265.28% |
| 2026-06-16 | 265.30% |
| 2026-06-15 | 265.32% |
| 2026-06-12 | 265.26% |
| 2026-06-11 | 265.33% |
| 2026-06-10 | 265.30% |
| 2026-06-09 | 265.35% |
| 2026-06-08 | 265.28% |
| 2026-06-05 | 265.32% |
| 2026-06-04 | 265.31% |
| 2026-06-03 | 265.30% |
| 2026-06-02 | 265.27% |
| 2026-06-01 | 265.28% |
| 2026-05-29 | 265.31% |
| 2026-05-28 | 265.36% |
| 2026-05-27 | 265.28% |
| 2026-05-26 | 265.34% |
| 2026-05-22 | 265.27% |
| 2026-05-21 | 265.32% |
| 2026-05-20 | 287.44% |
| 2026-05-19 | 265.33% |
| 2026-05-18 | 265.30% |
| 2026-05-15 | 265.35% |
| 2026-05-14 | 265.35% |
| 2026-05-13 | 265.33% |
| 2026-05-12 | 265.31% |
| 2026-05-11 | 265.28% |
| 2026-05-08 | 265.33% |
| 2026-05-07 | 265.28% |
| 2026-05-06 | 265.30% |
| 2026-05-05 | 291.10% |
| 2026-05-04 | 291.08% |
| 2026-05-01 | 291.08% |
| 2026-04-30 | 291.01% |
| 2026-04-29 | 291.03% |
| 2026-04-28 | 291.01% |
| 2026-04-27 | 291.05% |
| 2026-04-24 | 291.03% |
| 2026-04-23 | 266.79% |
| 2026-04-22 | 266.77% |
| 2026-04-21 | 266.82% |
| 2026-04-20 | 291.01% |
| 2026-04-17 | 291.09% |
| 2026-04-16 | 291.09% |
| 2026-04-15 | 291.08% |
| 2026-04-14 | 291.06% |
| 2026-04-13 | 291.04% |
| 2026-04-10 | 291.05% |
| 2026-04-09 | 291.05% |
| 2026-04-08 | 291.06% |
| 2026-04-07 | 291.09% |
| 2026-04-06 | 291.06% |
| 2026-04-02 | 291.08% |
| 2026-04-01 | 291.07% |
| 2026-03-31 | 291.02% |
| 2026-03-30 | 291.10% |
| 2026-03-27 | 291.10% |
| 2026-03-26 | 291.06% |
| 2026-03-25 | 291.00% |
| 2026-03-24 | 291.03% |
| 2026-03-23 | 291.00% |
| 2026-03-20 | 266.82% |
| 2026-03-19 | 266.82% |
| 2026-03-18 | 291.01% |
| 2026-03-17 | 291.06% |
| 2026-03-16 | 291.02% |
| 2026-03-13 | 291.09% |
| 2026-03-12 | 291.00% |
| 2026-03-11 | 291.09% |
| 2026-03-10 | 291.07% |
| 2026-03-09 | 291.05% |
| 2026-03-06 | 291.07% |
| 2026-03-05 | 291.04% |
| 2026-03-04 | 291.02% |
| 2026-03-03 | 291.07% |
| 2026-03-02 | 291.05% |
| 2026-02-27 | 291.02% |
| 2026-02-26 | 291.07% |
| 2026-02-25 | 291.06% |
| 2026-02-24 | 291.03% |
| 2026-02-23 | 291.05% |
| 2026-02-20 | 291.06% |
| 2026-02-19 | 291.06% |
| 2026-02-18 | 495.57% |
| 2026-02-17 | 457.47% |
| 2026-02-13 | 457.48% |
| 2026-02-12 | 457.52% |
| 2026-02-11 | 457.51% |
| 2026-02-10 | 457.45% |
| 2026-02-09 | 457.46% |
| 2026-02-06 | 457.50% |
| 2026-02-05 | 457.54% |
| 2026-02-04 | 457.49% |
| 2026-02-03 | 457.54% |
| 2026-02-02 | 457.47% |
| 2026-01-30 | 457.44% |
| 2026-01-29 | 457.50% |
| 2026-01-28 | 457.51% |
| 2026-01-27 | 457.47% |
| 2026-01-26 | 457.51% |
| 2026-01-23 | 495.62% |
| 2026-01-22 | 457.44% |
| 2026-01-21 | 457.51% |
| 2026-01-20 | 457.49% |
| 2026-01-16 | 457.47% |
| 2026-01-15 | 457.53% |
| 2026-01-14 | 457.53% |
| 2026-01-13 | 457.51% |
| 2026-01-12 | 457.49% |
| 2026-01-09 | 457.50% |
| 2026-01-08 | 457.49% |
| 2026-01-07 | 457.44% |
| 2026-01-06 | 457.53% |
| 2026-01-05 | 457.48% |
| 2026-01-02 | 457.53% |
| 2025-12-31 | 457.51% |
| 2025-12-30 | 457.53% |
| 2025-12-29 | 457.48% |
| 2025-12-26 | 457.44% |
| 2025-12-24 | 457.47% |
| 2025-12-23 | 457.46% |
| 2025-12-22 | 457.44% |
| 2025-12-19 | 457.47% |
| 2025-12-18 | 457.52% |
| 2025-12-17 | 457.48% |
| 2025-12-16 | 457.45% |
| 2025-12-15 | 457.54% |
| 2025-12-12 | 457.44% |
| 2025-12-11 | 457.44% |
| 2025-12-10 | 457.47% |
| 2025-12-09 | 457.48% |
| 2025-12-08 | 457.49% |
| 2025-12-05 | 457.48% |
| 2025-12-04 | 457.50% |
| 2025-12-03 | 457.46% |
| 2025-12-02 | 457.45% |
| 2025-12-01 | 457.45% |
| 2025-11-28 | 457.54% |
| 2025-11-26 | 457.46% |
| 2025-11-25 | 457.52% |
| 2025-11-24 | 457.50% |
| 2025-11-21 | 457.47% |
| 2025-11-20 | 457.52% |
| 2025-11-19 | 495.67% |
| 2025-11-18 | 495.57% |
| 2025-11-17 | 495.60% |
| 2025-11-14 | 457.50% |
| 2025-11-13 | 457.53% |
| 2025-11-12 | 457.51% |
| 2025-11-11 | 457.47% |
| 2025-11-10 | 457.49% |
| 2025-11-07 | 457.53% |
| 2025-11-06 | 457.46% |
| 2025-11-05 | 457.48% |
| 2025-11-04 | 457.46% |
| 2025-11-03 | 271.79% |
| 2025-10-31 | 271.81% |
| 2025-10-30 | 271.80% |
| 2025-10-29 | 271.85% |
| 2025-10-28 | 271.76% |
| 2025-10-27 | 271.83% |
| 2025-10-24 | 271.78% |
| 2025-10-23 | 249.13% |
| 2025-10-22 | 249.10% |
| 2025-10-21 | 271.83% |
| 2025-10-20 | 271.79% |
| 2025-10-17 | 271.83% |
| 2025-10-16 | 271.80% |
| 2025-10-15 | 271.83% |
| 2025-10-14 | 271.79% |
| 2025-10-13 | 271.78% |
| 2025-10-10 | 271.83% |
| 2025-10-09 | 271.79% |
| 2025-10-08 | 271.80% |
| 2025-10-07 | 271.76% |
| 2025-10-06 | 271.82% |
| 2025-10-03 | 271.78% |
| 2025-10-02 | 271.77% |
| 2025-10-01 | 271.76% |
| 2025-09-30 | 271.75% |
| 2025-09-29 | 271.84% |
| 2025-09-26 | 271.78% |
| 2025-09-25 | 271.76% |
| 2025-09-24 | 271.82% |
| 2025-09-23 | 271.76% |
Showing the most recent 260 of 1,328 data points. The chart above shows the full history.
| $1.50 |
| N/A |
| 2019-12-31 | ($0.16) | $1.50 | N/A (Loss) |
| 2018-12-31 | $0.03 | $1.50 | N/A |
| 2017-12-31 | ($0.19) | $1.50 | N/A (Loss) |
| 2016-12-31 | ($0.16) | $1.50 | N/A (Loss) |
| 2015-12-31 | ($0.07) | $1.50 | N/A (Loss) |
| 2014-12-31 | ($0.33) | $1.50 | N/A (Loss) |
| 2013-12-31 | ($0.22) | $1.50 | N/A (Loss) |
| 2012-12-31 | $0.33 | $1.50 | 454.5% |
| 2011-12-31 | $0.15 | $1.50 | 1000.0% |
| 2010-12-31 | $0.09 | $1.50 | N/A |
| 2009-12-31 | $0.06 | $1.50 | N/A |
| 2008-12-31 | $0.10 | $1.50 | N/A |
| 2007-12-31 | $0.24 | $1.44 | 600.0% |
| 2006-12-31 | $0.28 | $1.44 | 514.3% |
| 2005-12-31 | $0.47 | $0.78 | 166.0% |
| 2004-12-31 | $0.21 | $0.48 | 228.6% |
