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 268.75% is 606% above its 5-year average of 38.04%, around the middle of its 5-year range (24.49%–447.92%).
As of Friday, December 13, 2019. 87.53% above its 12-month average of 143.31%.
Dividend Payout Ratio (268.75%) = TTM Dividends/Share ($0.57) / TTM EPS ($0.21)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2019-12-13.
DIVIDEND PAYOUT RATIO
268.75%
DIVIDEND PAYOUT RATIO AVG TTM
143.31%
DIVIDEND PAYOUT RATIO AVG 3Y
37.92%
DIVIDEND PAYOUT RATIO AVG 5Y
38.04%
DIVIDEND PAYOUT RATIO AVG 10Y
36.72%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+87.53%
CURRENT VS 3Y AVG
+608.72%
CURRENT VS 5Y AVG
+606.47%
CURRENT VS 10Y AVG
+631.84%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-04-30 | $3.36 | $0.00 | 0.0% |
| 2025-04-30 | $3.98 | $0.00 | 0.0% |
| 2024-04-30 | $6.51 | $0.00 | 0.0% |
| 2023-04-30 | $0.48 | $0.00 | 0.0% |
| 2022-04-30 | ($2.15) | $0.00 | N/A (Loss) |
| 2021-04-30 | ($1.31) |
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 |
|---|---|
| 2019-12-13 | 268.75% |
| 2019-12-11 | 268.75% |
| 2019-12-09 | 268.75% |
| 2019-12-05 | 268.73% |
| 2019-12-03 | 268.74% |
| 2019-11-29 | 358.30% |
| 2019-11-26 | 358.32% |
| 2019-11-22 | 358.33% |
| 2019-11-20 | 358.34% |
| 2019-11-18 | 358.30% |
| 2019-11-14 | 358.34% |
| 2019-11-12 | 358.31% |
| 2019-11-08 | 358.34% |
| 2019-11-06 | 358.33% |
| 2019-11-04 | 358.34% |
| 2019-10-31 | 358.32% |
| 2019-10-29 | 358.30% |
| 2019-10-25 | 358.31% |
| 2019-10-23 | 358.34% |
| 2019-10-21 | 358.33% |
| 2019-10-17 | 358.33% |
| 2019-10-15 | 358.32% |
| 2019-10-11 | 358.32% |
| 2019-10-09 | 358.32% |
| 2019-10-07 | 358.32% |
| 2019-10-03 | 358.30% |
| 2019-10-01 | 358.30% |
| 2019-09-27 | 358.32% |
| 2019-09-25 | 358.30% |
| 2019-09-23 | 358.31% |
| 2019-09-19 | 358.33% |
| 2019-09-17 | 358.33% |
| 2019-09-13 | 358.33% |
| 2019-09-11 | 358.33% |
| 2019-09-09 | 447.92% |
| 2019-09-05 | 140.19% |
| 2019-09-03 | 140.19% |
| 2019-08-29 | 140.20% |
| 2019-08-27 | 140.19% |
| 2019-08-23 | 140.19% |
| 2019-08-21 | 140.22% |
| 2019-08-19 | 140.22% |
| 2019-08-15 | 140.20% |
| 2019-08-13 | 140.19% |
| 2019-08-09 | 140.20% |
| 2019-08-07 | 140.20% |
| 2019-08-05 | 140.18% |
| 2019-08-01 | 140.21% |
| 2019-07-30 | 140.17% |
| 2019-07-26 | 140.21% |
| 2019-07-24 | 140.20% |
| 2019-07-22 | 140.21% |
| 2019-07-18 | 140.19% |
| 2019-07-16 | 140.18% |
| 2019-07-12 | 140.21% |
| 2019-07-10 | 49.92% |
| 2019-07-08 | 49.92% |
| 2019-07-03 | 49.91% |
| 2019-07-01 | 49.92% |
| 2019-06-27 | 49.95% |
| 2019-06-25 | 49.93% |
| 2019-06-21 | 49.95% |
| 2019-06-19 | 49.91% |
| 2019-06-17 | 49.94% |
| 2019-06-13 | 49.93% |
| 2019-06-11 | 49.92% |
| 2019-06-07 | 49.94% |
| 2019-06-05 | 48.62% |
| 2019-06-03 | 48.61% |
| 2019-05-30 | 48.61% |
| 2019-05-28 | 48.62% |
| 2019-05-23 | 48.63% |
| 2019-05-21 | 48.63% |
| 2019-05-17 | 48.63% |
| 2019-05-15 | 48.62% |
| 2019-05-13 | 48.61% |
| 2019-05-09 | 48.61% |
| 2019-05-07 | 48.62% |
| 2019-05-03 | 48.62% |
| 2019-05-01 | 48.62% |
| 2019-04-29 | 48.63% |
| 2019-04-25 | 48.63% |
| 2019-04-23 | 48.63% |
| 2019-04-18 | 48.61% |
| 2019-04-16 | 48.62% |
| 2019-04-12 | 48.63% |
| 2019-04-10 | 48.63% |
| 2019-04-08 | 48.62% |
| 2019-04-04 | 48.63% |
| 2019-04-02 | 48.61% |
| 2019-03-29 | 48.63% |
| 2019-03-27 | 48.63% |
| 2019-03-25 | 48.62% |
| 2019-03-21 | 48.62% |
| 2019-03-19 | 48.61% |
| 2019-03-15 | 40.23% |
| 2019-03-13 | 40.22% |
| 2019-03-11 | 40.21% |
| 2019-03-07 | 39.13% |
| 2019-03-05 | 39.14% |
| 2019-03-01 | 39.14% |
| 2019-02-27 | 39.12% |
| 2019-02-25 | 39.12% |
| 2019-02-21 | 39.13% |
| 2019-02-19 | 39.14% |
| 2019-02-14 | 39.12% |
| 2019-02-12 | 39.13% |
| 2019-02-08 | 39.14% |
| 2019-02-06 | 39.13% |
| 2019-02-04 | 39.12% |
| 2019-01-31 | 39.13% |
| 2019-01-29 | 39.12% |
| 2019-01-25 | 39.13% |
| 2019-01-23 | 39.12% |
| 2019-01-18 | 39.13% |
| 2019-01-16 | 39.14% |
| 2019-01-14 | 39.14% |
| 2019-01-10 | 39.13% |
| 2019-01-08 | 39.12% |
| 2019-01-04 | 39.13% |
| 2019-01-02 | 39.13% |
| 2018-12-28 | 39.12% |
| 2018-12-26 | 39.14% |
| 2018-12-21 | 39.13% |
| 2018-12-19 | 39.13% |
| 2018-12-17 | 39.13% |
| 2018-12-13 | 36.94% |
| 2018-12-11 | 36.92% |
| 2018-12-07 | 36.92% |
| 2018-12-04 | 36.93% |
| 2018-11-30 | 35.90% |
| 2018-11-28 | 35.89% |
| 2018-11-26 | 35.89% |
| 2018-11-21 | 35.90% |
| 2018-11-19 | 35.91% |
| 2018-11-15 | 35.89% |
| 2018-11-13 | 35.91% |
| 2018-11-09 | 35.90% |
| 2018-11-07 | 35.89% |
| 2018-11-05 | 35.90% |
| 2018-11-01 | 35.90% |
| 2018-10-30 | 35.89% |
| 2018-10-26 | 35.90% |
| 2018-10-24 | 35.91% |
| 2018-10-22 | 35.90% |
| 2018-10-18 | 35.89% |
| 2018-10-16 | 35.90% |
| 2018-10-12 | 35.89% |
| 2018-10-10 | 35.89% |
| 2018-10-08 | 35.90% |
| 2018-10-04 | 35.89% |
| 2018-10-02 | 35.89% |
| 2018-09-28 | 35.89% |
| 2018-09-26 | 35.90% |
| 2018-09-24 | 35.89% |
| 2018-09-20 | 35.89% |
| 2018-09-18 | 35.90% |
| 2018-09-14 | 35.89% |
| 2018-09-12 | 35.90% |
| 2018-09-10 | 37.43% |
| 2018-09-06 | 36.35% |
| 2018-09-04 | 36.36% |
| 2018-08-30 | 36.36% |
| 2018-08-28 | 36.37% |
| 2018-08-24 | 36.37% |
| 2018-08-22 | 36.35% |
| 2018-08-20 | 36.37% |
| 2018-08-16 | 36.37% |
| 2018-08-14 | 36.36% |
| 2018-08-10 | 36.35% |
| 2018-08-08 | 36.35% |
| 2018-08-06 | 36.36% |
| 2018-08-02 | 36.35% |
| 2018-07-31 | 36.37% |
| 2018-07-27 | 36.36% |
| 2018-07-25 | 36.36% |
| 2018-07-23 | 36.36% |
| 2018-07-19 | 36.55% |
| 2018-07-17 | 36.56% |
| 2018-07-13 | 36.55% |
| 2018-07-11 | 36.56% |
| 2018-07-09 | 36.55% |
| 2018-07-05 | 36.56% |
| 2018-07-02 | 36.56% |
| 2018-06-28 | 36.56% |
| 2018-06-26 | 36.57% |
| 2018-06-22 | 36.56% |
| 2018-06-20 | 36.56% |
| 2018-06-18 | 36.57% |
| 2018-06-14 | 36.55% |
| 2018-06-12 | 36.56% |
| 2018-06-08 | 36.56% |
| 2018-06-06 | 35.48% |
| 2018-06-04 | 35.48% |
| 2018-05-31 | 35.48% |
| 2018-05-29 | 35.48% |
| 2018-05-24 | 35.48% |
| 2018-05-22 | 35.48% |
| 2018-05-18 | 35.48% |
| 2018-05-16 | 35.48% |
| 2018-05-14 | 35.48% |
| 2018-05-10 | 35.48% |
| 2018-05-08 | 35.49% |
| 2018-05-04 | 35.48% |
| 2018-05-02 | 35.48% |
| 2018-04-30 | 35.48% |
| 2018-04-26 | 35.49% |
| 2018-04-24 | 35.48% |
| 2018-04-20 | 35.48% |
| 2018-04-18 | 35.49% |
| 2018-04-16 | 35.49% |
| 2018-04-12 | 35.49% |
| 2018-04-10 | 35.48% |
| 2018-04-06 | 35.47% |
| 2018-04-04 | 35.48% |
| 2018-04-02 | 35.49% |
| 2018-03-28 | 35.48% |
| 2018-03-26 | 35.48% |
| 2018-03-22 | 35.49% |
| 2018-03-20 | 35.49% |
| 2018-03-16 | 35.49% |
| 2018-03-14 | 35.48% |
| 2018-03-12 | 35.49% |
| 2018-03-08 | 39.28% |
| 2018-03-06 | 38.10% |
| 2018-03-02 | 38.10% |
| 2018-02-28 | 38.10% |
| 2018-02-26 | 38.09% |
| 2018-02-22 | 38.09% |
| 2018-02-20 | 38.08% |
| 2018-02-15 | 38.11% |
| 2018-02-13 | 38.10% |
| 2018-02-09 | 38.08% |
| 2018-02-07 | 38.11% |
| 2018-02-05 | 38.09% |
| 2018-02-01 | 38.10% |
| 2018-01-30 | 38.09% |
| 2018-01-26 | 38.10% |
| 2018-01-24 | 38.10% |
| 2018-01-22 | 38.10% |
| 2018-01-18 | 38.10% |
| 2018-01-16 | 38.10% |
| 2018-01-11 | 38.09% |
| 2018-01-09 | 38.08% |
| 2018-01-05 | 38.09% |
| 2018-01-03 | 38.10% |
| 2017-12-29 | 38.10% |
| 2017-12-27 | 38.09% |
| 2017-12-22 | 38.09% |
| 2017-12-20 | 38.10% |
| 2017-12-18 | 38.10% |
| 2017-12-14 | 39.99% |
| 2017-12-12 | 40.01% |
| 2017-12-08 | 40.01% |
| 2017-12-06 | 39.99% |
| 2017-12-04 | 39.99% |
| 2017-11-30 | 38.75% |
| 2017-11-28 | 38.74% |
| 2017-11-24 | 38.76% |
| 2017-11-21 | 38.76% |
Showing the most recent 260 of 1,562 data points. The chart above shows the full history.
| $0.00 |
| N/A (Loss) |
| 2020-04-30 | ($1.68) | $0.38 | N/A (Loss) |
| 2019-04-30 | $0.56 | $0.74 | 132.1% |
| 2018-04-30 | $1.91 | $0.66 | 34.6% |
| 2017-04-30 | $1.67 | $0.58 | 34.7% |
| 2016-04-30 | $1.43 | $0.51 | 35.7% |
| 2015-04-30 | $1.34 | $0.47 | 35.1% |
| 2014-04-30 | $1.49 | $0.43 | 28.9% |
| 2013-04-30 | $1.18 | $0.40 | 33.9% |
| 2012-04-30 | $0.40 | $0.40 | 100.0% |
| 2011-04-30 | $0.72 | $0.40 | 55.6% |
| 2010-04-30 | $1.39 | $0.38 | 27.3% |
| 2009-04-30 | $1.66 | $0.32 | 19.3% |
| 2008-04-30 | $1.24 | $0.28 | 22.6% |
| 2007-04-30 | $0.62 | $0.28 | 45.2% |
| 2006-04-30 | $0.08 | $0.28 | 350.0% |
| 2005-04-30 | ($0.06) | $0.28 | N/A (Loss) |
| 2004-04-30 | $0.59 | $0.28 | 47.5% |
| 2003-04-30 | ($0.14) | $0.28 | N/A (Loss) |
| 2002-04-30 | $0.77 | $0.28 | 36.4% |
| 2001-04-30 | $0.52 | $0.28 | 53.8% |
| 2000-04-30 | $1.45 | $0.26 | 17.9% |
| 1999-04-30 | $1.40 | $0.22 | 15.7% |
| 1998-04-30 | $1.07 | $0.18 | 16.8% |
| 1997-04-30 | $0.96 | $0.08 | 8.3% |
