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 11.84% is 17% below its 5-year average of 14.24%, near the low end of its 5-year range (10.17%–42.51%).
As of Monday, October 5, 2026. 0.06% below its 12-month average of 11.85%.
Dividend Payout Ratio (11.84%) = TTM Dividends/Share ($0.17) / TTM EPS ($1.44)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
11.84%
DIVIDEND PAYOUT RATIO AVG TTM
11.85%
DIVIDEND PAYOUT RATIO AVG 3Y
11.85%
DIVIDEND PAYOUT RATIO AVG 5Y
14.24%
DIVIDEND PAYOUT RATIO AVG 10Y
15.55%
DIVIDEND PAYOUT RATIO AVG 15Y
16.11%
DIVIDEND PAYOUT RATIO AVG 20Y
17.29%
CURRENT VS TTM AVG
-0.06%
CURRENT VS 3Y AVG
-0.06%
CURRENT VS 5Y AVG
-16.84%
CURRENT VS 10Y AVG
-23.85%
CURRENT VS 15Y AVG
-26.52%
CURRENT VS 20Y AVG
-31.54%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($1.24) | $0.17 | N/A (Loss) |
| 2024-12-31 | ($0.71) | $0.17 | N/A (Loss) |
| 2023-12-31 | ($0.40) | $0.17 | N/A (Loss) |
| 2022-12-31 | ($0.29) | $0.17 | N/A (Loss) |
| 2021-12-31 | $0.97 | $0.17 | 17.5% |
| 2020-12-31 | ($0.14) |
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 |
|---|---|
| 2026-10-05 | 11.84% |
| 2026-10-02 | 11.86% |
| 2026-10-01 | 11.85% |
| 2026-09-30 | 11.84% |
| 2026-09-29 | 11.85% |
| 2026-09-28 | 11.86% |
| 2026-09-25 | 11.84% |
| 2026-09-24 | 11.85% |
| 2026-09-23 | 11.85% |
| 2026-09-22 | 11.85% |
| 2026-09-21 | 11.85% |
| 2026-09-18 | 11.84% |
| 2026-09-17 | 11.85% |
| 2026-09-16 | 11.85% |
| 2026-09-15 | 11.84% |
| 2026-09-14 | 11.85% |
| 2026-09-11 | 11.85% |
| 2026-09-10 | 11.84% |
| 2026-09-09 | 11.85% |
| 2026-09-08 | 11.84% |
| 2026-09-04 | 11.84% |
| 2026-09-03 | 11.85% |
| 2026-09-02 | 11.85% |
| 2026-09-01 | 11.84% |
| 2026-08-31 | 11.86% |
| 2026-08-28 | 11.86% |
| 2026-08-27 | 11.85% |
| 2026-08-26 | 11.84% |
| 2026-08-25 | 11.84% |
| 2026-08-24 | 11.85% |
| 2026-08-21 | 11.85% |
| 2026-08-20 | 11.85% |
| 2026-08-19 | 11.85% |
| 2026-08-18 | 11.85% |
| 2026-08-17 | 11.85% |
| 2026-08-14 | 11.85% |
| 2026-08-13 | 11.85% |
| 2026-08-12 | 11.84% |
| 2026-08-11 | 11.85% |
| 2026-08-10 | 11.85% |
| 2026-08-07 | 11.84% |
| 2022-11-03 | 42.51% |
| 2022-11-01 | 42.51% |
| 2022-10-28 | 42.51% |
| 2022-10-26 | 42.51% |
| 2022-10-24 | 42.51% |
| 2022-10-20 | 42.51% |
| 2022-10-18 | 42.50% |
| 2022-10-14 | 42.51% |
| 2022-10-12 | 42.51% |
| 2022-10-10 | 42.50% |
| 2022-10-06 | 42.50% |
| 2022-10-04 | 42.51% |
| 2022-09-30 | 42.51% |
| 2022-09-28 | 42.51% |
| 2022-09-26 | 42.51% |
| 2022-09-22 | 42.50% |
| 2022-09-20 | 42.50% |
| 2022-09-16 | 42.51% |
| 2022-09-14 | 42.50% |
| 2022-09-12 | 42.51% |
| 2022-09-08 | 42.50% |
| 2022-09-06 | 42.50% |
| 2022-09-01 | 42.51% |
| 2022-08-30 | 42.50% |
| 2022-08-26 | 42.51% |
| 2022-08-24 | 42.50% |
| 2022-08-22 | 42.51% |
| 2022-08-18 | 42.50% |
| 2022-08-16 | 42.50% |
| 2022-08-12 | 42.50% |
| 2022-08-10 | 42.51% |
| 2022-08-08 | 42.50% |
| 2022-08-04 | 20.73% |
| 2022-08-02 | 20.74% |
| 2022-07-29 | 25.91% |
| 2022-07-27 | 20.73% |
| 2022-07-25 | 20.74% |
| 2022-07-21 | 20.73% |
| 2022-07-19 | 20.73% |
| 2022-07-15 | 20.73% |
| 2022-07-13 | 20.74% |
| 2022-07-11 | 20.73% |
| 2022-07-07 | 20.74% |
| 2022-07-05 | 20.73% |
| 2022-06-30 | 20.73% |
| 2022-06-28 | 20.74% |
| 2022-06-24 | 20.74% |
| 2022-06-22 | 20.74% |
| 2022-06-17 | 20.73% |
| 2022-06-15 | 20.74% |
| 2022-06-13 | 20.73% |
| 2022-06-09 | 20.73% |
| 2022-06-07 | 20.73% |
| 2022-06-03 | 20.73% |
| 2022-06-01 | 20.73% |
| 2022-05-27 | 20.73% |
| 2022-05-25 | 20.73% |
| 2022-05-23 | 20.74% |
| 2022-05-19 | 20.73% |
| 2022-05-17 | 20.73% |
| 2022-05-13 | 20.73% |
| 2022-05-11 | 20.74% |
| 2022-05-09 | 20.73% |
| 2022-05-05 | 18.08% |
| 2022-05-03 | 18.09% |
| 2022-04-29 | 22.61% |
| 2022-04-27 | 18.08% |
| 2022-04-25 | 18.09% |
| 2022-04-21 | 18.09% |
| 2022-04-19 | 18.08% |
| 2022-04-14 | 18.08% |
| 2022-04-12 | 18.08% |
| 2022-04-08 | 18.09% |
| 2022-04-06 | 18.08% |
| 2022-04-04 | 18.08% |
| 2022-03-31 | 18.09% |
| 2022-03-29 | 18.08% |
| 2022-03-25 | 18.09% |
| 2022-03-23 | 18.08% |
| 2022-03-21 | 18.09% |
| 2022-03-17 | 18.09% |
| 2022-03-15 | 18.09% |
| 2022-03-11 | 18.09% |
| 2022-03-09 | 10.18% |
| 2022-03-07 | 10.19% |
| 2022-03-03 | 10.18% |
| 2022-03-01 | 10.18% |
| 2022-02-25 | 10.18% |
| 2022-02-23 | 10.18% |
| 2022-02-18 | 10.18% |
| 2022-02-16 | 10.17% |
| 2022-02-14 | 10.18% |
| 2022-02-10 | 10.18% |
| 2022-02-08 | 10.18% |
| 2022-02-04 | 10.18% |
| 2022-02-02 | 10.18% |
| 2022-01-31 | 10.18% |
| 2022-01-27 | 10.18% |
| 2022-01-25 | 10.18% |
| 2022-01-21 | 10.18% |
| 2022-01-19 | 10.18% |
| 2022-01-14 | 10.18% |
| 2022-01-12 | 10.18% |
| 2022-01-10 | 10.18% |
| 2022-01-06 | 10.18% |
| 2022-01-04 | 10.18% |
| 2021-12-31 | 10.18% |
| 2021-12-29 | 10.17% |
| 2021-12-27 | 10.18% |
| 2021-12-22 | 10.18% |
| 2021-12-20 | 10.18% |
| 2021-12-16 | 10.18% |
| 2021-12-14 | 10.18% |
| 2021-12-10 | 10.18% |
| 2021-12-08 | 10.18% |
| 2021-12-06 | 10.17% |
| 2021-12-02 | 10.18% |
| 2021-11-30 | 10.17% |
| 2021-11-26 | 10.18% |
| 2021-11-23 | 10.18% |
| 2021-11-19 | 10.18% |
| 2021-11-17 | 10.18% |
| 2021-11-15 | 10.18% |
| 2021-11-11 | 12.73% |
| 2021-11-09 | 12.73% |
| 2021-11-05 | 12.73% |
| 2021-11-03 | 12.15% |
| 2021-11-01 | 12.14% |
| 2021-10-28 | 12.14% |
| 2021-10-26 | 12.14% |
| 2021-10-22 | 12.15% |
| 2021-10-20 | 12.14% |
| 2021-10-18 | 12.15% |
| 2021-10-14 | 12.14% |
| 2021-10-12 | 12.15% |
| 2021-10-08 | 12.15% |
| 2021-10-06 | 12.14% |
| 2021-10-04 | 12.14% |
| 2021-09-30 | 12.14% |
| 2021-09-28 | 12.15% |
| 2021-09-24 | 12.14% |
| 2021-09-22 | 12.14% |
| 2021-09-20 | 12.14% |
| 2021-09-16 | 12.14% |
| 2021-09-14 | 12.14% |
| 2021-09-10 | 12.15% |
| 2021-09-08 | 12.14% |
| 2021-09-03 | 12.14% |
| 2021-09-01 | 12.15% |
| 2021-08-30 | 12.14% |
| 2021-08-26 | 12.14% |
| 2021-08-24 | 12.14% |
| 2021-08-20 | 12.15% |
| 2021-08-18 | 12.15% |
| 2021-08-16 | 12.15% |
| 2021-08-12 | 12.14% |
| 2021-08-10 | 12.14% |
| 2021-08-06 | 12.15% |
| 2021-08-04 | 16.35% |
| 2021-08-02 | 16.34% |
| 2021-07-29 | 16.34% |
| 2021-07-27 | 16.34% |
| 2021-07-23 | 16.35% |
| 2021-07-21 | 16.35% |
| 2021-07-19 | 16.35% |
| 2021-07-15 | 16.35% |
| 2021-07-13 | 16.34% |
| 2021-07-09 | 16.34% |
| 2021-07-07 | 16.35% |
| 2021-07-02 | 16.35% |
| 2021-06-30 | 16.35% |
| 2021-06-28 | 16.35% |
| 2021-06-24 | 16.34% |
| 2021-06-22 | 16.35% |
| 2021-06-18 | 16.35% |
| 2021-06-16 | 16.35% |
| 2021-06-14 | 16.35% |
| 2021-06-10 | 16.35% |
| 2021-06-08 | 16.35% |
| 2021-06-04 | 16.34% |
| 2021-06-02 | 16.35% |
| 2021-05-28 | 16.35% |
| 2021-05-26 | 16.34% |
| 2021-05-24 | 16.34% |
| 2021-05-20 | 16.35% |
| 2021-05-18 | 16.34% |
| 2021-05-14 | 16.34% |
| 2021-05-12 | 16.35% |
| 2021-05-10 | 16.34% |
| 2019-08-07 | 70.83% |
| 2019-08-05 | 70.84% |
| 2019-08-01 | 70.83% |
| 2019-07-30 | 70.83% |
| 2019-07-26 | 70.83% |
| 2019-07-24 | 70.83% |
| 2019-07-22 | 70.83% |
| 2019-07-18 | 70.84% |
| 2019-07-16 | 70.83% |
| 2019-07-12 | 70.84% |
| 2019-07-10 | 70.84% |
| 2019-07-08 | 70.83% |
| 2019-07-03 | 70.84% |
| 2019-07-01 | 70.83% |
| 2019-06-27 | 70.84% |
| 2019-06-25 | 70.84% |
| 2019-06-21 | 70.83% |
| 2019-06-19 | 70.83% |
| 2019-06-17 | 70.84% |
| 2019-06-13 | 70.83% |
| 2019-06-11 | 70.83% |
| 2019-06-07 | 70.83% |
| 2019-06-05 | 70.84% |
| 2019-06-03 | 70.83% |
| 2019-05-30 | 70.83% |
| 2019-05-28 | 70.84% |
| 2019-05-23 | 70.84% |
| 2019-05-21 | 70.84% |
| 2019-05-17 | 70.84% |
| 2019-05-15 | 70.83% |
Showing the most recent 260 of 1,410 data points. The chart above shows the full history.
| $0.17 |
| N/A (Loss) |
| 2019-12-31 | ($2.18) | $0.17 | N/A (Loss) |
| 2018-12-31 | ($0.09) | $0.17 | N/A (Loss) |
| 2017-12-31 | $0.15 | $0.17 | 113.3% |
| 2016-12-31 | $1.11 | $0.17 | 15.3% |
| 2015-12-31 | $0.89 | $0.15 | 17.4% |
| 2014-12-31 | $0.11 | $0.15 | 136.4% |
| 2013-12-31 | $0.73 | $0.12 | 16.3% |
| 2012-12-31 | $1.67 | $0.10 | 6.0% |
| 2011-12-31 | $1.16 | $0.08 | 6.5% |
| 2010-12-31 | $1.68 | $0.00 | 0.0% |
| 2009-12-31 | $0.23 | $0.00 | 0.0% |
| 2008-12-31 | ($4.09) | $0.25 | N/A (Loss) |
| 2007-12-31 | $0.69 | $0.25 | 36.2% |
| 2006-12-31 | $1.18 | $0.25 | 21.2% |
| 2005-12-31 | $1.25 | $0.25 | 20.0% |
| 2004-12-31 | $0.77 | $0.25 | 32.5% |
| 2003-12-31 | $0.79 | $0.25 | 31.6% |
| 2002-12-31 | $0.34 | $0.25 | 73.5% |
| 2001-12-31 | $0.28 | $0.25 | 89.3% |
| 2000-12-31 | $0.37 | $0.25 | 67.6% |
| 1999-12-31 | $0.32 | $0.25 | 77.8% |
| 1998-12-31 | $1.00 | $0.25 | 24.9% |