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 13.63% is 44% above its 5-year average of 9.48%, around the middle of its 5-year range (4.88%–25.64%).
As of Monday, November 10, 2025. 24.03% above its 12-month average of 10.99%.
Dividend Payout Ratio (13.63%) = TTM Dividends/Share ($0.24) / TTM EPS ($1.76)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2025-11-10.
DIVIDEND PAYOUT RATIO
13.63%
DIVIDEND PAYOUT RATIO AVG TTM
10.99%
DIVIDEND PAYOUT RATIO AVG 3Y
11.06%
DIVIDEND PAYOUT RATIO AVG 5Y
9.48%
DIVIDEND PAYOUT RATIO AVG 10Y
10.58%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+24.03%
CURRENT VS 3Y AVG
+23.25%
CURRENT VS 5Y AVG
+43.70%
CURRENT VS 10Y AVG
+28.83%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($4.03) | $0.24 | N/A (Loss) |
| 2024-12-31 | $2.91 | $0.24 | 8.2% |
| 2023-12-31 | $0.95 | $0.24 | 25.3% |
| 2022-12-31 | $3.73 | $0.24 | 6.4% |
| 2021-12-31 | $4.85 | $0.24 | 4.9% |
| 2020-12-31 | $2.99 |
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 |
|---|---|
| 2025-11-10 | 13.63% |
| 2025-11-07 | 13.62% |
| 2025-11-06 | 13.61% |
| 2025-11-05 | 13.62% |
| 2025-11-04 | 13.62% |
| 2025-11-03 | 13.62% |
| 2025-10-31 | 13.62% |
| 2025-10-30 | 13.62% |
| 2025-10-29 | 13.62% |
| 2025-10-28 | 13.63% |
| 2025-10-27 | 13.62% |
| 2025-10-24 | 13.62% |
| 2025-10-23 | 13.62% |
| 2025-10-22 | 13.62% |
| 2025-10-21 | 13.62% |
| 2025-10-20 | 13.62% |
| 2025-10-17 | 13.62% |
| 2025-10-16 | 13.62% |
| 2025-10-15 | 13.62% |
| 2025-10-14 | 13.62% |
| 2025-10-13 | 13.63% |
| 2025-10-10 | 13.62% |
| 2025-10-09 | 13.62% |
| 2025-10-08 | 13.62% |
| 2025-10-07 | 13.62% |
| 2025-10-06 | 13.62% |
| 2025-10-03 | 13.62% |
| 2025-10-02 | 13.62% |
| 2025-10-01 | 13.62% |
| 2025-09-30 | 13.62% |
| 2025-09-29 | 13.62% |
| 2025-09-26 | 13.62% |
| 2025-09-25 | 13.63% |
| 2025-09-24 | 13.62% |
| 2025-09-23 | 13.62% |
| 2025-09-22 | 13.62% |
| 2025-09-19 | 13.62% |
| 2025-09-18 | 13.62% |
| 2025-09-17 | 13.62% |
| 2025-09-16 | 13.62% |
| 2025-09-15 | 13.62% |
| 2025-09-12 | 13.62% |
| 2025-09-11 | 13.62% |
| 2025-09-10 | 13.62% |
| 2025-09-09 | 13.62% |
| 2025-09-08 | 13.62% |
| 2025-09-05 | 13.62% |
| 2025-09-04 | 13.62% |
| 2025-09-03 | 13.62% |
| 2025-09-02 | 13.62% |
| 2025-08-28 | 13.62% |
| 2025-08-26 | 13.62% |
| 2025-08-22 | 13.62% |
| 2025-08-20 | 13.62% |
| 2025-08-18 | 13.62% |
| 2025-08-14 | 13.62% |
| 2025-08-12 | 13.62% |
| 2025-08-08 | 13.62% |
| 2025-08-06 | 9.96% |
| 2025-08-04 | 9.96% |
| 2025-07-31 | 9.96% |
| 2025-07-29 | 9.96% |
| 2025-07-25 | 9.96% |
| 2025-07-23 | 9.96% |
| 2025-07-21 | 9.96% |
| 2025-07-17 | 9.96% |
| 2025-07-15 | 9.96% |
| 2025-07-11 | 9.96% |
| 2025-07-09 | 9.95% |
| 2025-07-07 | 9.96% |
| 2025-07-02 | 9.96% |
| 2025-06-30 | 9.96% |
| 2025-06-26 | 9.95% |
| 2025-06-24 | 9.96% |
| 2025-06-20 | 9.96% |
| 2025-06-17 | 9.96% |
| 2025-06-13 | 9.95% |
| 2025-06-11 | 9.96% |
| 2025-06-09 | 9.96% |
| 2025-06-05 | 9.96% |
| 2025-06-03 | 9.96% |
| 2025-05-30 | 9.96% |
| 2025-05-28 | 9.96% |
| 2025-05-23 | 9.96% |
| 2025-05-21 | 9.96% |
| 2025-05-19 | 9.96% |
| 2025-05-15 | 9.96% |
| 2025-05-13 | 9.96% |
| 2025-05-09 | 9.96% |
| 2025-05-07 | 8.31% |
| 2025-05-05 | 8.31% |
| 2025-05-01 | 8.31% |
| 2025-04-29 | 8.30% |
| 2025-04-25 | 8.30% |
| 2025-04-23 | 8.31% |
| 2025-04-21 | 8.30% |
| 2025-04-16 | 8.31% |
| 2025-04-14 | 8.31% |
| 2025-04-10 | 8.30% |
| 2025-04-08 | 8.31% |
| 2025-04-04 | 8.30% |
| 2025-04-02 | 8.31% |
| 2025-03-31 | 8.31% |
| 2025-03-27 | 6.23% |
| 2025-03-25 | 8.31% |
| 2025-03-21 | 8.31% |
| 2025-03-19 | 8.31% |
| 2025-03-17 | 8.31% |
| 2025-03-13 | 8.31% |
| 2025-03-11 | 9.45% |
| 2025-03-07 | 9.45% |
| 2025-03-05 | 9.45% |
| 2025-03-03 | 9.44% |
| 2025-02-27 | 9.44% |
| 2025-02-25 | 9.45% |
| 2025-02-21 | 9.45% |
| 2025-02-19 | 9.45% |
| 2025-02-14 | 9.45% |
| 2025-02-12 | 9.45% |
| 2025-02-10 | 9.45% |
| 2025-02-06 | 9.45% |
| 2025-02-04 | 9.45% |
| 2025-01-31 | 9.45% |
| 2025-01-29 | 9.45% |
| 2025-01-27 | 9.45% |
| 2025-01-23 | 9.45% |
| 2025-01-21 | 9.45% |
| 2025-01-16 | 9.45% |
| 2025-01-14 | 9.45% |
| 2025-01-10 | 9.45% |
| 2025-01-07 | 9.45% |
| 2025-01-03 | 9.45% |
| 2024-12-31 | 9.45% |
| 2024-12-27 | 7.09% |
| 2024-12-24 | 9.45% |
| 2024-12-20 | 9.45% |
| 2024-12-18 | 9.45% |
| 2024-12-16 | 9.45% |
| 2024-12-12 | 9.45% |
| 2024-12-10 | 9.45% |
| 2024-12-06 | 9.45% |
| 2024-12-04 | 9.45% |
| 2024-12-02 | 9.45% |
| 2024-11-27 | 9.45% |
| 2024-11-25 | 9.45% |
| 2024-11-21 | 9.45% |
| 2024-11-19 | 9.45% |
| 2024-11-15 | 9.45% |
| 2024-11-13 | 9.45% |
| 2024-11-11 | 9.45% |
| 2024-11-07 | 9.45% |
| 2024-11-05 | 9.45% |
| 2024-11-01 | 9.45% |
| 2024-10-30 | 9.45% |
| 2024-10-28 | 9.45% |
| 2024-10-24 | 9.45% |
| 2024-10-22 | 11.27% |
| 2024-10-18 | 11.27% |
| 2024-10-16 | 11.27% |
| 2024-10-14 | 11.27% |
| 2024-10-10 | 11.27% |
| 2024-10-08 | 11.27% |
| 2024-10-04 | 11.27% |
| 2024-10-02 | 11.27% |
| 2024-09-30 | 11.26% |
| 2024-09-26 | 11.27% |
| 2024-09-24 | 11.27% |
| 2024-09-20 | 11.27% |
| 2024-09-18 | 11.27% |
| 2024-09-16 | 11.27% |
| 2024-09-12 | 11.27% |
| 2024-09-10 | 11.27% |
| 2024-09-06 | 11.27% |
| 2024-09-04 | 11.27% |
| 2024-08-30 | 11.27% |
| 2024-08-28 | 11.27% |
| 2024-08-26 | 11.27% |
| 2024-08-22 | 11.27% |
| 2024-08-20 | 11.27% |
| 2024-08-16 | 11.27% |
| 2024-08-14 | 11.27% |
| 2024-08-12 | 11.27% |
| 2024-08-08 | 11.27% |
| 2024-08-06 | 11.27% |
| 2024-08-02 | 11.27% |
| 2024-07-31 | 11.27% |
| 2024-07-29 | 11.27% |
| 2024-07-25 | 11.27% |
| 2024-07-23 | 11.27% |
| 2024-07-19 | 11.26% |
| 2024-07-17 | 11.27% |
| 2024-07-15 | 11.27% |
| 2024-07-11 | 11.27% |
| 2024-07-09 | 11.27% |
| 2024-07-05 | 11.27% |
| 2024-07-02 | 11.27% |
| 2024-06-28 | 12.63% |
| 2024-06-26 | 12.63% |
| 2024-06-24 | 12.63% |
| 2024-06-20 | 12.64% |
| 2024-06-17 | 12.63% |
| 2024-06-13 | 12.63% |
| 2024-06-11 | 12.63% |
| 2024-06-07 | 12.63% |
| 2024-06-05 | 12.63% |
| 2024-06-03 | 12.63% |
| 2024-05-30 | 12.63% |
| 2024-05-28 | 12.63% |
| 2024-05-23 | 12.63% |
| 2024-05-21 | 12.63% |
| 2024-05-17 | 12.63% |
| 2024-05-15 | 12.64% |
| 2024-05-13 | 12.64% |
| 2024-05-09 | 12.63% |
| 2024-05-07 | 20.52% |
| 2024-05-03 | 20.51% |
| 2024-05-01 | 20.51% |
| 2024-04-29 | 20.52% |
| 2024-04-25 | 20.51% |
| 2024-04-23 | 20.51% |
| 2024-04-19 | 20.51% |
| 2024-04-17 | 20.52% |
| 2024-04-15 | 20.52% |
| 2024-04-11 | 20.51% |
| 2024-04-09 | 20.51% |
| 2024-04-05 | 20.51% |
| 2024-04-03 | 20.51% |
| 2024-04-01 | 20.51% |
| 2024-03-27 | 25.64% |
| 2024-03-25 | 20.51% |
| 2024-03-21 | 20.51% |
| 2024-03-19 | 20.51% |
| 2024-03-15 | 20.51% |
| 2024-03-13 | 17.52% |
| 2024-03-11 | 17.51% |
| 2024-03-07 | 17.52% |
| 2024-03-05 | 17.52% |
| 2024-03-01 | 17.52% |
| 2024-02-28 | 17.52% |
| 2024-02-26 | 17.52% |
| 2024-02-22 | 17.51% |
| 2024-02-20 | 17.52% |
| 2024-02-15 | 17.52% |
| 2024-02-13 | 17.52% |
| 2024-02-09 | 17.52% |
| 2024-02-07 | 17.52% |
| 2024-02-05 | 17.52% |
| 2024-02-01 | 17.52% |
| 2024-01-30 | 17.52% |
| 2024-01-26 | 17.52% |
| 2024-01-24 | 17.52% |
| 2024-01-22 | 17.51% |
| 2024-01-18 | 17.52% |
| 2024-01-16 | 17.52% |
| 2024-01-11 | 17.52% |
| 2024-01-09 | 17.52% |
| 2024-01-05 | 17.52% |
| 2024-01-03 | 17.52% |
| 2023-12-29 | 17.52% |
| 2023-12-27 | 17.52% |
Showing the most recent 260 of 1,612 data points. The chart above shows the full history.
| $0.24 |
| 8.0% |
| 2019-12-31 | $2.51 | $0.24 | 9.6% |
| 2018-12-31 | $2.31 | $0.24 | 10.4% |
| 2017-12-31 | $2.14 | $0.24 | 11.2% |
| 2016-12-31 | $2.32 | $0.24 | 10.3% |
| 2015-12-31 | $1.97 | $0.24 | 12.2% |
| 2014-12-31 | $0.96 | $0.24 | 25.0% |
| 2013-12-31 | $1.51 | $0.22 | 14.6% |
| 2012-12-31 | $1.95 | $0.17 | 8.5% |