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 371.09% is in line with its 5-year average of 364.21%, around the middle of its 5-year range (112.43%–881.23%).
As of Monday, August 10, 2026. 30.51% below its 12-month average of 534.04%.
Dividend Payout Ratio (371.09%) = TTM Dividends/Share ($3.38) / TTM EPS ($0.91)
DIVIDEND PAYOUT RATIO
371.09%
DIVIDEND PAYOUT RATIO AVG TTM
534.04%
DIVIDEND PAYOUT RATIO AVG 3Y
487.75%
DIVIDEND PAYOUT RATIO AVG 5Y
364.21%
DIVIDEND PAYOUT RATIO AVG 10Y
350.27%
DIVIDEND PAYOUT RATIO AVG 15Y
280.61%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-30.51%
CURRENT VS 3Y AVG
-23.92%
CURRENT VS 5Y AVG
+1.89%
CURRENT VS 10Y AVG
+5.94%
CURRENT VS 15Y AVG
+32.25%
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $0.49 | $3.22 | 656.9% |
| 2024 | $0.61 | $2.73 | 447.5% |
| 2023 | $0.63 | $2.54 | 402.7% |
| 2022 | $1.92 | $2.47 | 128.9% |
| 2021 | $1.56 | $2.47 | 158.6% |
| 2020 | $1.19 | $2.47 |
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 |
|---|---|
| 2026-08-10 | 371.09% |
| 2026-08-07 | 371.09% |
| 2026-08-06 | 371.09% |
| 2026-08-05 | 371.09% |
| 2026-08-04 | 371.09% |
| 2026-08-03 | 371.09% |
| 2026-07-31 | 371.11% |
| 2026-07-30 | 371.11% |
| 2026-07-29 | 371.09% |
| 2026-07-28 | 371.09% |
| 2026-07-27 | 371.10% |
| 2026-07-24 | 371.10% |
| 2026-07-23 | 371.10% |
| 2026-07-22 | 371.09% |
| 2026-07-21 | 371.10% |
| 2026-07-20 | 371.11% |
| 2026-07-17 | 371.11% |
| 2026-07-16 | 371.09% |
| 2026-07-15 | 371.11% |
| 2026-07-14 | 371.10% |
| 2026-07-13 | 371.09% |
| 2026-07-10 | 371.11% |
| 2026-07-09 | 371.11% |
| 2026-07-08 | 371.10% |
| 2026-07-07 | 371.11% |
| 2026-07-06 | 371.10% |
| 2026-07-02 | 371.11% |
| 2026-07-01 | 371.11% |
| 2026-06-30 | 371.09% |
| 2026-06-29 | 371.09% |
| 2026-06-26 | 371.10% |
| 2026-06-25 | 371.09% |
| 2026-06-24 | 371.11% |
| 2026-06-23 | 371.10% |
| 2026-06-22 | 371.10% |
| 2026-06-18 | 371.09% |
| 2026-06-17 | 371.11% |
| 2026-06-16 | 371.10% |
| 2026-06-15 | 457.37% |
| 2026-06-12 | 362.41% |
| 2026-06-11 | 362.42% |
| 2026-06-10 | 362.42% |
| 2026-06-09 | 362.43% |
| 2026-06-08 | 362.41% |
| 2026-06-05 | 362.42% |
| 2026-06-04 | 362.41% |
| 2026-06-03 | 362.41% |
| 2026-06-02 | 362.41% |
| 2026-06-01 | 362.42% |
| 2026-05-29 | 362.41% |
| 2026-05-28 | 362.41% |
| 2026-05-27 | 362.41% |
| 2026-05-26 | 362.42% |
| 2026-05-22 | 362.43% |
| 2026-05-21 | 362.41% |
| 2026-05-20 | 362.41% |
| 2026-05-19 | 362.43% |
| 2026-05-18 | 362.42% |
| 2026-05-15 | 362.42% |
| 2026-05-14 | 362.41% |
| 2026-05-13 | 362.41% |
| 2026-05-12 | 362.41% |
| 2026-05-11 | 362.41% |
| 2026-05-08 | 362.41% |
| 2026-05-07 | 362.41% |
| 2026-05-06 | 362.42% |
| 2026-05-05 | 362.43% |
| 2026-05-04 | 362.41% |
| 2026-05-01 | 362.42% |
| 2026-04-30 | 362.42% |
| 2026-04-29 | 681.11% |
| 2026-04-28 | 681.12% |
| 2026-04-27 | 681.13% |
| 2026-04-24 | 681.12% |
| 2026-04-23 | 681.13% |
| 2026-04-22 | 681.12% |
| 2026-04-21 | 681.12% |
| 2026-04-20 | 681.13% |
| 2026-04-17 | 681.14% |
| 2026-04-16 | 681.11% |
| 2026-04-15 | 681.12% |
| 2026-04-14 | 681.12% |
| 2026-04-13 | 681.12% |
| 2026-04-10 | 681.13% |
| 2026-04-09 | 681.11% |
| 2026-04-08 | 681.12% |
| 2026-04-07 | 681.11% |
| 2026-04-06 | 681.12% |
| 2026-04-02 | 681.12% |
| 2026-04-01 | 681.13% |
| 2026-03-31 | 681.14% |
| 2026-03-30 | 681.12% |
| 2026-03-27 | 681.14% |
| 2026-03-26 | 681.12% |
| 2026-03-25 | 681.12% |
| 2026-03-24 | 681.12% |
| 2026-03-23 | 681.11% |
| 2026-03-20 | 681.12% |
| 2026-03-19 | 681.13% |
| 2026-03-18 | 681.12% |
| 2026-03-17 | 681.14% |
| 2026-03-16 | 843.26% |
| 2026-03-13 | 664.80% |
| 2026-03-12 | 664.81% |
| 2026-03-11 | 664.80% |
| 2026-03-10 | 664.80% |
| 2026-03-09 | 664.80% |
| 2026-03-06 | 664.79% |
| 2026-03-05 | 664.80% |
| 2026-03-04 | 664.81% |
| 2026-03-03 | 664.80% |
| 2026-03-02 | 664.81% |
| 2026-02-27 | 664.81% |
| 2026-02-26 | 664.82% |
| 2026-02-25 | 664.82% |
| 2026-02-24 | 664.81% |
| 2026-02-23 | 664.82% |
| 2026-02-20 | 664.81% |
| 2026-02-19 | 664.81% |
| 2026-02-18 | 664.82% |
| 2026-02-17 | 664.81% |
| 2026-02-13 | 664.81% |
| 2026-02-12 | 664.81% |
| 2026-02-11 | 602.59% |
| 2026-02-10 | 602.57% |
| 2026-02-09 | 602.58% |
| 2026-02-06 | 602.60% |
| 2026-02-05 | 602.58% |
| 2026-02-04 | 602.59% |
| 2026-02-03 | 602.57% |
| 2026-02-02 | 602.58% |
| 2026-01-30 | 602.57% |
| 2026-01-29 | 602.59% |
| 2026-01-28 | 602.59% |
| 2026-01-27 | 602.60% |
| 2026-01-26 | 602.57% |
| 2026-01-23 | 602.60% |
| 2026-01-22 | 602.57% |
| 2026-01-21 | 602.59% |
| 2026-01-20 | 602.60% |
| 2026-01-16 | 602.59% |
| 2026-01-15 | 602.57% |
| 2026-01-14 | 602.59% |
| 2026-01-13 | 602.57% |
| 2026-01-12 | 602.58% |
| 2026-01-09 | 602.58% |
| 2026-01-08 | 602.59% |
| 2026-01-07 | 602.57% |
| 2026-01-06 | 602.58% |
| 2026-01-05 | 602.60% |
| 2026-01-02 | 602.58% |
| 2025-12-31 | 602.59% |
| 2025-12-30 | 602.60% |
| 2025-12-29 | 602.58% |
| 2025-12-26 | 602.58% |
| 2025-12-24 | 602.58% |
| 2025-12-23 | 602.57% |
| 2025-12-22 | 602.60% |
| 2025-12-19 | 602.60% |
| 2025-12-18 | 602.57% |
| 2025-12-17 | 602.56% |
| 2025-12-16 | 602.59% |
| 2025-12-15 | 736.41% |
| 2025-12-12 | 574.70% |
| 2025-12-11 | 574.70% |
| 2025-12-10 | 574.68% |
| 2025-12-09 | 574.68% |
| 2025-12-08 | 574.69% |
| 2025-12-05 | 574.67% |
| 2025-12-04 | 574.68% |
| 2025-12-03 | 574.70% |
| 2025-12-02 | 574.68% |
| 2025-12-01 | 574.68% |
| 2025-11-28 | 574.68% |
| 2025-11-26 | 574.69% |
| 2025-11-25 | 574.68% |
| 2025-11-24 | 574.69% |
| 2025-11-21 | 574.68% |
| 2025-11-20 | 574.68% |
| 2025-11-19 | 574.70% |
| 2025-11-18 | 574.70% |
| 2025-11-17 | 574.71% |
| 2025-11-14 | 574.69% |
| 2025-11-13 | 574.69% |
| 2025-11-12 | 574.69% |
| 2025-11-11 | 574.70% |
| 2025-11-10 | 574.70% |
| 2025-11-07 | 574.70% |
| 2025-11-06 | 574.70% |
| 2025-11-05 | 574.70% |
| 2025-08-05 | 724.30% |
| 2025-08-04 | 724.28% |
| 2025-08-01 | 724.30% |
| 2025-07-31 | 724.30% |
| 2025-07-30 | 724.29% |
| 2025-07-29 | 724.29% |
| 2025-07-28 | 724.29% |
| 2025-07-25 | 724.30% |
| 2025-07-24 | 724.29% |
| 2025-07-23 | 724.28% |
| 2025-07-22 | 724.29% |
| 2025-07-21 | 724.28% |
| 2025-07-18 | 724.28% |
| 2025-07-17 | 724.30% |
| 2025-07-16 | 724.29% |
| 2025-07-15 | 724.28% |
| 2025-07-14 | 724.29% |
| 2025-07-11 | 724.30% |
| 2025-07-10 | 724.29% |
| 2025-07-09 | 724.29% |
| 2025-07-08 | 724.29% |
| 2025-07-07 | 724.28% |
| 2025-07-03 | 724.28% |
| 2025-07-01 | 724.29% |
| 2025-06-27 | 724.28% |
| 2025-06-25 | 724.29% |
| 2025-06-23 | 724.28% |
| 2025-06-18 | 724.30% |
| 2025-06-16 | 881.23% |
| 2025-06-12 | 691.70% |
| 2025-06-10 | 691.70% |
| 2025-06-06 | 691.68% |
| 2025-06-04 | 691.71% |
| 2025-06-02 | 691.70% |
| 2025-05-29 | 691.70% |
| 2025-05-27 | 691.68% |
| 2025-05-22 | 691.70% |
| 2025-05-20 | 691.69% |
| 2025-05-16 | 691.69% |
| 2025-05-14 | 691.68% |
| 2025-05-12 | 691.71% |
| 2025-05-08 | 691.70% |
| 2025-05-06 | 691.69% |
| 2025-05-02 | 691.69% |
| 2025-04-30 | 469.67% |
| 2025-04-28 | 469.66% |
| 2025-04-24 | 469.68% |
| 2025-04-22 | 469.66% |
| 2025-04-17 | 469.67% |
| 2025-04-15 | 469.68% |
| 2025-04-11 | 469.68% |
| 2025-04-09 | 469.68% |
| 2025-04-07 | 469.68% |
| 2025-04-03 | 469.67% |
| 2025-04-01 | 469.66% |
| 2025-03-28 | 469.68% |
| 2025-03-26 | 469.67% |
| 2025-03-24 | 469.68% |
| 2025-03-20 | 469.68% |
| 2025-03-18 | 469.67% |
| 2025-03-14 | 340.98% |
| 2025-03-12 | 447.54% |
| 2025-03-10 | 447.54% |
| 2025-03-06 | 447.54% |
| 2025-03-04 | 447.55% |
| 2025-02-28 | 447.55% |
| 2025-02-26 | 447.54% |
| 2025-02-24 | 447.53% |
| 2025-02-20 | 447.54% |
| 2025-02-18 | 447.53% |
Showing the most recent 260 of 2,041 data points. The chart above shows the full history.
| 207.9% |
| 2019 | $0.93 | $2.45 | 263.6% |
| 2018 | $1.27 | $2.37 | 186.9% |
| 2017 | $0.64 | $2.24 | 349.6% |
| 2016 | $0.43 | $2.00 | 466.3% |
| 2015 | $0.58 | $1.91 | 329.3% |
| 2014 | $1.67 | $1.67 | 99.9% |
| 2013 | $0.51 | $1.00 | 195.7% |
| 2012 | $0.99 | $0.98 | 99.0% |
| 2011 | $2.03 | $0.87 | 42.7% |
| 2010 | ($0.27) | $0.35 | N/A (Loss) |
| 2009 | $1.09 | $0.00 | 0.0% |
| 2008 | $0.41 | $0.00 | 0.0% |
| 2007 | $0.77 | $0.00 | 0.0% |
| 2006 | $0.65 | $0.00 | 0.0% |
| 2005 | $0.57 | $0.00 | 0.0% |
| 2004 | $0.49 | $0.00 | 0.0% |
| 2003 | $0.44 | $0.00 | 0.0% |
| 2002 | $0.31 | $0.00 | 0.0% |
| 2001 | ($0.23) | $0.00 | N/A (Loss) |
| 2000 | ($0.16) | $0.00 | N/A (Loss) |
| 1999 | ($0.13) | $0.00 | N/A (Loss) |
| 1998 | ($0.11) | $0.00 | N/A (Loss) |
| 1997 | ($0.26) | $0.00 | N/A (Loss) |
| 1996 | ($0.02) | $0.00 | N/A (Loss) |