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 69.45% is 38% below its 4-year average of 111.61%, near the low end of its 4-year range (22.13%–220.03%).
As of Tuesday, July 26, 2022. 23.51% below its 12-month average of 90.80%.
Dividend Payout Ratio (69.45%) = TTM Dividends/Share ($1.00) / TTM EPS ($1.44)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2022-07-26.
DIVIDEND PAYOUT RATIO
69.45%
DIVIDEND PAYOUT RATIO AVG TTM
90.80%
DIVIDEND PAYOUT RATIO AVG 3Y
125.94%
DIVIDEND PAYOUT RATIO AVG 5Y
N/A
DIVIDEND PAYOUT RATIO AVG 10Y
N/A
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-23.51%
CURRENT VS 3Y AVG
-44.86%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($1.00) | $0.12 | N/A (Loss) |
| 2024-12-31 | ($1.46) | $0.04 | N/A (Loss) |
| 2023-12-31 | ($1.65) | $0.04 | N/A (Loss) |
| 2022-12-31 | ($3.48) | $0.68 | N/A (Loss) |
| 2021-12-31 | $1.83 | $1.32 | 72.1% |
| 2020-12-31 | $1.26 |
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 |
|---|---|
| 2022-07-26 | 69.45% |
| 2022-07-25 | 69.39% |
| 2022-07-22 | 92.35% |
| 2022-07-21 | 91.61% |
| 2022-07-20 | 91.60% |
| 2022-07-19 | 91.62% |
| 2022-07-18 | 91.72% |
| 2022-07-15 | 91.66% |
| 2022-07-14 | 91.70% |
| 2022-07-13 | 91.64% |
| 2022-07-12 | 91.65% |
| 2022-07-11 | 91.63% |
| 2022-07-08 | 91.64% |
| 2022-07-07 | 91.70% |
| 2022-07-06 | 91.65% |
| 2022-07-05 | 91.69% |
| 2022-07-01 | 91.62% |
| 2022-06-30 | 91.69% |
| 2022-06-29 | 91.62% |
| 2022-06-28 | 91.68% |
| 2022-06-27 | 91.70% |
| 2022-06-24 | 91.67% |
| 2022-06-23 | 91.62% |
| 2022-06-22 | 91.63% |
| 2022-06-21 | 91.70% |
| 2022-06-17 | 91.65% |
| 2022-06-16 | 91.66% |
| 2022-06-15 | 91.65% |
| 2022-06-14 | 91.71% |
| 2022-06-13 | 91.63% |
| 2022-06-10 | 91.69% |
| 2022-06-09 | 91.66% |
| 2022-06-08 | 91.67% |
| 2022-06-07 | 91.63% |
| 2022-06-06 | 91.68% |
| 2022-06-03 | 91.65% |
| 2022-06-02 | 91.68% |
| 2022-06-01 | 91.62% |
| 2022-05-31 | 91.69% |
| 2022-05-27 | 91.69% |
| 2022-05-26 | 91.65% |
| 2022-05-25 | 91.66% |
| 2022-05-24 | 91.62% |
| 2022-05-23 | 91.67% |
| 2022-05-20 | 91.65% |
| 2022-05-19 | 91.64% |
| 2022-05-18 | 91.70% |
| 2022-05-17 | 91.66% |
| 2022-05-16 | 91.68% |
| 2022-05-13 | 91.66% |
| 2022-05-12 | 91.69% |
| 2022-05-11 | 91.70% |
| 2022-05-10 | 91.63% |
| 2022-05-09 | 91.70% |
| 2022-05-06 | 91.70% |
| 2022-05-05 | 91.68% |
| 2022-05-04 | 91.69% |
| 2022-05-03 | 91.66% |
| 2022-05-02 | 91.64% |
| 2022-04-29 | 91.65% |
| 2022-04-28 | 91.65% |
| 2022-04-27 | 91.64% |
| 2022-04-26 | 71.72% |
| 2022-04-25 | 71.77% |
| 2022-04-22 | 89.70% |
| 2022-04-21 | 71.77% |
| 2022-04-20 | 71.76% |
| 2022-04-19 | 71.76% |
| 2022-04-18 | 71.75% |
| 2022-04-14 | 71.73% |
| 2022-04-13 | 71.75% |
| 2022-04-12 | 71.72% |
| 2022-04-11 | 71.77% |
| 2022-04-08 | 71.72% |
| 2022-04-07 | 71.75% |
| 2022-04-06 | 71.77% |
| 2022-04-05 | 71.73% |
| 2022-04-04 | 71.74% |
| 2022-04-01 | 71.75% |
| 2022-03-31 | 71.74% |
| 2022-03-30 | 71.72% |
| 2022-03-29 | 71.76% |
| 2022-03-28 | 71.72% |
| 2022-03-25 | 71.74% |
| 2022-03-24 | 71.73% |
| 2022-03-23 | 71.74% |
| 2022-03-22 | 71.72% |
| 2022-03-21 | 71.73% |
| 2022-03-18 | 71.75% |
| 2022-03-17 | 71.73% |
| 2022-03-16 | 71.77% |
| 2022-03-15 | 71.77% |
| 2022-03-14 | 71.77% |
| 2022-03-11 | 71.73% |
| 2022-03-10 | 71.71% |
| 2022-03-09 | 71.73% |
| 2022-03-08 | 71.75% |
| 2022-03-07 | 71.73% |
| 2022-03-04 | 71.76% |
| 2022-03-03 | 71.76% |
| 2022-03-02 | 71.75% |
| 2022-03-01 | 71.74% |
| 2022-02-28 | 71.75% |
| 2022-02-25 | 71.72% |
| 2022-02-24 | 71.72% |
| 2022-02-23 | 71.77% |
| 2022-02-22 | 71.72% |
| 2022-02-18 | 71.72% |
| 2022-02-17 | 71.77% |
| 2022-02-16 | 71.76% |
| 2022-02-15 | 88.57% |
| 2022-02-14 | 88.57% |
| 2022-02-11 | 88.60% |
| 2022-02-10 | 88.62% |
| 2022-02-09 | 88.57% |
| 2022-02-08 | 88.61% |
| 2022-02-07 | 88.56% |
| 2022-02-04 | 88.58% |
| 2022-02-03 | 88.60% |
| 2022-02-02 | 88.60% |
| 2022-02-01 | 88.61% |
| 2022-01-31 | 88.59% |
| 2022-01-28 | 88.58% |
| 2022-01-27 | 88.60% |
| 2022-01-26 | 88.57% |
| 2022-01-25 | 88.56% |
| 2022-01-24 | 88.57% |
| 2022-01-21 | 110.76% |
| 2022-01-20 | 88.57% |
| 2022-01-19 | 88.60% |
| 2022-01-18 | 88.62% |
| 2022-01-14 | 88.61% |
| 2022-01-13 | 88.57% |
| 2022-01-12 | 88.61% |
| 2022-01-11 | 88.59% |
| 2022-01-10 | 88.58% |
| 2022-01-07 | 88.61% |
| 2022-01-06 | 88.60% |
| 2022-01-05 | 88.62% |
| 2022-01-04 | 88.60% |
| 2022-01-03 | 88.60% |
| 2021-12-31 | 88.58% |
| 2021-12-30 | 88.57% |
| 2021-12-29 | 88.57% |
| 2021-12-28 | 88.60% |
| 2021-12-27 | 88.61% |
| 2021-12-23 | 88.57% |
| 2021-12-22 | 88.57% |
| 2021-12-21 | 88.59% |
| 2021-12-20 | 88.61% |
| 2021-12-17 | 88.56% |
| 2021-12-16 | 88.57% |
| 2021-12-15 | 88.61% |
| 2021-12-14 | 88.60% |
| 2021-12-13 | 88.57% |
| 2021-12-10 | 88.59% |
| 2021-12-09 | 88.56% |
| 2021-12-08 | 88.57% |
| 2021-12-07 | 88.61% |
| 2021-12-06 | 88.60% |
| 2021-12-03 | 88.61% |
| 2021-12-02 | 88.62% |
| 2021-12-01 | 88.62% |
| 2021-11-30 | 88.58% |
| 2021-11-29 | 88.61% |
| 2021-11-26 | 88.58% |
| 2021-11-24 | 88.57% |
| 2021-11-23 | 88.56% |
| 2021-11-22 | 88.58% |
| 2021-11-19 | 88.59% |
| 2021-11-18 | 88.59% |
| 2021-11-17 | 88.61% |
| 2021-11-16 | 88.61% |
| 2021-11-15 | 88.60% |
| 2021-11-12 | 88.60% |
| 2021-11-11 | 88.61% |
| 2021-11-10 | 88.60% |
| 2021-11-09 | 88.61% |
| 2021-11-08 | 88.58% |
| 2021-11-05 | 88.61% |
| 2021-11-04 | 88.58% |
| 2021-11-03 | 88.58% |
| 2021-11-02 | 88.58% |
| 2021-11-01 | 88.61% |
| 2021-10-29 | 88.58% |
| 2021-10-28 | 88.59% |
| 2021-10-27 | 92.32% |
| 2021-10-26 | 92.32% |
| 2021-10-25 | 92.30% |
| 2021-10-22 | 115.37% |
| 2021-10-21 | 92.31% |
| 2021-10-20 | 92.32% |
| 2021-10-19 | 92.30% |
| 2021-10-18 | 92.31% |
| 2021-10-15 | 92.29% |
| 2021-10-14 | 92.31% |
| 2021-10-13 | 92.28% |
| 2021-10-12 | 92.33% |
| 2021-10-11 | 92.30% |
| 2021-10-08 | 92.31% |
| 2021-10-07 | 92.30% |
| 2021-10-06 | 92.33% |
| 2021-10-05 | 92.28% |
| 2021-10-04 | 92.29% |
| 2021-10-01 | 92.29% |
| 2021-09-30 | 92.31% |
| 2021-09-29 | 92.32% |
| 2021-09-28 | 92.30% |
| 2021-09-27 | 92.33% |
| 2021-09-24 | 92.30% |
| 2021-09-23 | 92.33% |
| 2021-09-22 | 92.32% |
| 2021-09-21 | 92.29% |
| 2021-09-20 | 92.31% |
| 2021-09-17 | 92.30% |
| 2021-09-16 | 92.30% |
| 2021-09-15 | 92.32% |
| 2021-09-14 | 92.33% |
| 2021-09-13 | 92.33% |
| 2021-09-10 | 92.32% |
| 2021-09-09 | 92.29% |
| 2021-09-08 | 92.31% |
| 2021-09-07 | 92.32% |
| 2021-09-03 | 92.31% |
| 2021-09-02 | 92.30% |
| 2021-09-01 | 92.31% |
| 2021-08-31 | 92.30% |
| 2021-08-30 | 92.28% |
| 2021-08-27 | 92.28% |
| 2021-08-26 | 92.32% |
| 2021-08-25 | 92.31% |
| 2021-08-24 | 92.30% |
| 2021-08-23 | 92.31% |
| 2021-08-20 | 92.32% |
| 2021-08-19 | 92.33% |
| 2021-08-18 | 92.29% |
| 2021-08-17 | 92.29% |
| 2021-08-16 | 92.30% |
| 2021-08-13 | 92.29% |
| 2021-08-12 | 92.31% |
| 2021-08-11 | 92.33% |
| 2021-08-10 | 92.32% |
| 2021-08-09 | 92.30% |
| 2021-08-06 | 92.31% |
| 2021-08-05 | 92.29% |
| 2021-08-04 | 92.33% |
| 2021-08-03 | 92.32% |
| 2021-08-02 | 92.33% |
| 2021-07-30 | 92.30% |
| 2021-07-29 | 92.29% |
| 2021-07-28 | 97.05% |
| 2021-07-27 | 97.08% |
| 2021-07-26 | 97.04% |
| 2021-07-23 | 121.30% |
| 2021-07-22 | 97.06% |
| 2021-07-21 | 97.06% |
| 2021-07-20 | 97.07% |
| 2021-07-19 | 97.06% |
| 2021-07-16 | 97.08% |
| 2021-07-15 | 97.07% |
Showing the most recent 260 of 1,069 data points. The chart above shows the full history.
| $1.32 |
| 104.8% |
| 2019-12-31 | $0.81 | $1.32 | 163.0% |
| 2018-12-31 | $1.16 | $0.93 | 80.2% |
