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 187.00% is 71% above its 5-year average of 109.24%, near the high end of its 5-year range (47.38%–220.32%).
As of Thursday, October 26, 2017. 8.20% above its 12-month average of 172.82%.
Dividend Payout Ratio (187.00%) = TTM Dividends/Share ($1.29) / TTM EPS ($0.69)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2017-10-26.
DIVIDEND PAYOUT RATIO
187.00%
DIVIDEND PAYOUT RATIO AVG TTM
172.82%
DIVIDEND PAYOUT RATIO AVG 3Y
142.89%
DIVIDEND PAYOUT RATIO AVG 5Y
109.24%
DIVIDEND PAYOUT RATIO AVG 10Y
81.55%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+8.20%
CURRENT VS 3Y AVG
+30.87%
CURRENT VS 5Y AVG
+71.18%
CURRENT VS 10Y AVG
+129.29%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $1.25 | $0.00 | 0.0% |
| 2024-12-31 | $1.59 | $0.00 | 0.0% |
| 2023-12-31 | $0.61 | $0.00 | 0.0% |
| 2022-12-31 | $1.11 | $0.00 | 0.0% |
| 2021-12-31 | $2.58 | $0.00 | 0.0% |
| 2020-12-31 | $0.36 |
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 |
|---|---|
| 2017-10-26 | 187.00% |
| 2017-10-24 | 186.97% |
| 2017-10-20 | 186.92% |
| 2017-10-18 | 186.94% |
| 2017-10-16 | 186.99% |
| 2017-10-12 | 186.98% |
| 2017-10-10 | 186.97% |
| 2017-10-06 | 186.99% |
| 2017-10-04 | 186.94% |
| 2017-10-02 | 186.96% |
| 2017-09-28 | 186.93% |
| 2017-09-26 | 186.96% |
| 2017-09-22 | 186.93% |
| 2017-09-20 | 186.93% |
| 2017-09-18 | 186.95% |
| 2017-09-14 | 186.98% |
| 2017-09-12 | 186.93% |
| 2017-09-08 | 186.91% |
| 2017-09-06 | 186.96% |
| 2017-09-01 | 186.92% |
| 2017-08-30 | 186.94% |
| 2017-08-28 | 186.96% |
| 2017-08-24 | 186.99% |
| 2017-08-22 | 186.97% |
| 2017-08-18 | 220.32% |
| 2017-08-16 | 220.32% |
| 2017-08-14 | 220.28% |
| 2017-08-10 | 220.29% |
| 2017-08-08 | 220.28% |
| 2017-08-04 | 220.32% |
| 2017-08-02 | 191.43% |
| 2017-07-31 | 191.40% |
| 2017-07-27 | 191.46% |
| 2017-07-25 | 191.42% |
| 2017-07-21 | 191.42% |
| 2017-07-19 | 191.46% |
| 2017-07-17 | 191.44% |
| 2017-07-13 | 191.45% |
| 2017-07-11 | 191.46% |
| 2017-07-07 | 191.44% |
| 2017-07-05 | 191.43% |
| 2017-06-30 | 191.46% |
| 2017-06-28 | 191.45% |
| 2017-06-26 | 191.46% |
| 2017-06-22 | 191.46% |
| 2017-06-20 | 191.40% |
| 2017-06-16 | 191.47% |
| 2017-06-14 | 191.46% |
| 2017-06-12 | 191.45% |
| 2017-06-08 | 191.44% |
| 2017-06-06 | 191.47% |
| 2017-06-02 | 191.41% |
| 2017-05-31 | 191.41% |
| 2017-05-26 | 191.47% |
| 2017-05-24 | 191.41% |
| 2017-05-22 | 191.44% |
| 2017-05-18 | 191.45% |
| 2017-05-16 | 191.46% |
| 2017-05-12 | 191.41% |
| 2017-05-10 | 191.45% |
| 2017-05-08 | 191.40% |
| 2017-05-04 | 191.43% |
| 2017-05-02 | 191.41% |
| 2017-04-28 | 191.46% |
| 2017-04-26 | 166.32% |
| 2017-04-24 | 166.29% |
| 2017-04-20 | 166.29% |
| 2017-04-18 | 166.27% |
| 2017-04-13 | 166.28% |
| 2017-04-11 | 166.30% |
| 2017-04-07 | 166.27% |
| 2017-04-05 | 166.33% |
| 2017-04-03 | 166.28% |
| 2017-03-30 | 166.30% |
| 2017-03-28 | 166.28% |
| 2017-03-24 | 166.32% |
| 2017-03-22 | 166.31% |
| 2017-03-20 | 166.29% |
| 2017-03-16 | 166.32% |
| 2017-03-14 | 166.31% |
| 2017-03-10 | 166.28% |
| 2017-03-08 | 166.27% |
| 2017-03-06 | 166.32% |
| 2017-03-02 | 166.32% |
| 2017-02-28 | 166.30% |
| 2017-02-24 | 166.28% |
| 2017-02-22 | 145.57% |
| 2017-02-17 | 145.59% |
| 2017-02-15 | 145.57% |
| 2017-02-13 | 109.20% |
| 2017-02-09 | 145.59% |
| 2017-02-07 | 145.60% |
| 2017-02-03 | 145.58% |
| 2017-02-01 | 145.56% |
| 2017-01-30 | 145.59% |
| 2017-01-26 | 145.57% |
| 2017-01-24 | 145.62% |
| 2017-01-20 | 145.57% |
| 2017-01-18 | 145.61% |
| 2017-01-13 | 145.62% |
| 2017-01-11 | 145.61% |
| 2017-01-09 | 145.58% |
| 2017-01-05 | 145.61% |
| 2017-01-03 | 145.60% |
| 2016-12-29 | 145.62% |
| 2016-12-27 | 145.61% |
| 2016-12-22 | 145.62% |
| 2016-12-20 | 145.58% |
| 2016-12-16 | 145.62% |
| 2016-12-14 | 145.59% |
| 2016-12-12 | 145.59% |
| 2016-12-08 | 145.60% |
| 2016-12-06 | 145.60% |
| 2016-12-02 | 145.61% |
| 2016-11-30 | 145.60% |
| 2016-11-28 | 145.58% |
| 2016-11-23 | 145.59% |
| 2016-11-21 | 181.97% |
| 2016-11-17 | 145.60% |
| 2016-11-15 | 145.61% |
| 2016-11-11 | 145.60% |
| 2016-11-09 | 145.61% |
| 2016-11-07 | 145.59% |
| 2016-11-03 | 145.58% |
| 2016-11-01 | 145.58% |
| 2016-10-28 | 145.58% |
| 2016-10-26 | 148.44% |
| 2016-10-24 | 148.42% |
| 2016-10-20 | 148.44% |
| 2016-10-18 | 148.44% |
| 2016-10-14 | 148.41% |
| 2016-10-12 | 148.46% |
| 2016-10-10 | 148.44% |
| 2016-10-06 | 148.46% |
| 2016-10-04 | 148.43% |
| 2016-09-30 | 148.44% |
| 2016-09-28 | 148.43% |
| 2016-09-26 | 148.45% |
| 2016-09-22 | 148.45% |
| 2016-09-20 | 148.43% |
| 2016-09-16 | 148.45% |
| 2016-09-14 | 148.46% |
| 2016-09-12 | 148.43% |
| 2016-09-08 | 148.44% |
| 2016-09-06 | 148.44% |
| 2016-09-01 | 148.42% |
| 2016-08-30 | 148.42% |
| 2016-08-26 | 148.44% |
| 2016-08-24 | 148.43% |
| 2016-08-22 | 185.53% |
| 2016-08-18 | 148.45% |
| 2016-08-16 | 148.43% |
| 2016-08-12 | 148.43% |
| 2016-08-10 | 148.44% |
| 2016-08-08 | 148.43% |
| 2016-08-04 | 148.46% |
| 2016-08-02 | 148.45% |
| 2016-07-29 | 148.45% |
| 2016-07-27 | 145.26% |
| 2016-07-25 | 145.28% |
| 2016-07-21 | 145.27% |
| 2016-07-19 | 145.24% |
| 2016-07-15 | 145.27% |
| 2016-07-13 | 145.28% |
| 2016-07-11 | 145.25% |
| 2016-07-07 | 145.28% |
| 2016-07-05 | 145.27% |
| 2016-06-30 | 145.25% |
| 2016-06-28 | 145.28% |
| 2016-06-24 | 145.26% |
| 2016-06-22 | 145.28% |
| 2016-06-20 | 145.25% |
| 2016-06-16 | 145.28% |
| 2016-06-14 | 145.26% |
| 2016-06-10 | 145.25% |
| 2016-06-08 | 145.27% |
| 2016-06-06 | 145.26% |
| 2016-06-02 | 145.28% |
| 2016-05-31 | 145.28% |
| 2016-05-26 | 145.27% |
| 2016-05-24 | 145.26% |
| 2016-05-20 | 145.28% |
| 2016-05-18 | 181.59% |
| 2016-05-16 | 145.27% |
| 2016-05-12 | 145.28% |
| 2016-05-10 | 145.25% |
| 2016-05-06 | 145.28% |
| 2016-05-04 | 145.24% |
| 2016-05-02 | 145.26% |
| 2016-04-28 | 139.92% |
| 2016-04-26 | 139.90% |
| 2016-04-22 | 139.90% |
| 2016-04-20 | 139.90% |
| 2016-04-18 | 139.90% |
| 2016-04-14 | 139.90% |
| 2016-04-12 | 139.91% |
| 2016-04-08 | 139.91% |
| 2016-04-06 | 139.90% |
| 2016-04-04 | 139.91% |
| 2016-03-31 | 139.93% |
| 2016-03-29 | 139.90% |
| 2016-03-24 | 139.92% |
| 2016-03-22 | 139.92% |
| 2016-03-18 | 139.90% |
| 2016-03-16 | 139.90% |
| 2016-03-14 | 139.91% |
| 2016-03-10 | 139.93% |
| 2016-03-08 | 139.92% |
| 2016-03-04 | 139.92% |
| 2016-03-02 | 139.89% |
| 2016-02-29 | 139.89% |
| 2016-02-25 | 169.57% |
| 2016-02-23 | 169.54% |
| 2016-02-19 | 169.55% |
| 2016-02-17 | 169.58% |
| 2016-02-12 | 211.99% |
| 2016-02-10 | 169.59% |
| 2016-02-08 | 169.55% |
| 2016-02-04 | 169.56% |
| 2016-02-02 | 169.57% |
| 2016-01-29 | 169.57% |
| 2016-01-27 | 169.58% |
| 2016-01-25 | 169.56% |
| 2016-01-21 | 169.54% |
| 2016-01-19 | 169.54% |
| 2016-01-14 | 169.57% |
| 2016-01-12 | 169.55% |
| 2016-01-08 | 169.55% |
| 2016-01-06 | 169.56% |
| 2016-01-04 | 169.57% |
| 2015-12-30 | 169.56% |
| 2015-12-28 | 169.54% |
| 2015-12-23 | 169.58% |
| 2015-12-21 | 169.57% |
| 2015-12-17 | 169.55% |
| 2015-12-15 | 169.56% |
| 2015-12-11 | 169.55% |
| 2015-12-09 | 169.60% |
| 2015-12-07 | 169.59% |
| 2015-12-03 | 169.57% |
| 2015-12-01 | 169.57% |
| 2015-11-27 | 169.57% |
| 2015-11-24 | 169.59% |
| 2015-11-20 | 169.59% |
| 2015-11-18 | 169.54% |
| 2015-11-16 | 169.58% |
| 2015-11-12 | 169.56% |
| 2015-11-10 | 169.55% |
| 2015-11-06 | 169.60% |
| 2015-11-04 | 169.54% |
| 2015-11-02 | 169.54% |
| 2015-10-29 | 169.59% |
| 2015-10-27 | 125.98% |
| 2015-10-23 | 126.01% |
| 2015-10-21 | 126.00% |
| 2015-10-19 | 125.99% |
| 2015-10-15 | 126.03% |
| 2015-10-13 | 126.02% |
| 2015-10-09 | 126.02% |
| 2015-10-07 | 126.02% |
Showing the most recent 260 of 1,391 data points. The chart above shows the full history.
| $0.00 |
| 0.0% |
| 2019-12-31 | ($0.62) | $0.00 | N/A (Loss) |
| 2018-12-31 | ($1.54) | $0.00 | N/A (Loss) |
| 2017-12-31 | ($3.07) | $0.91 | N/A (Loss) |
| 2016-12-31 | $0.93 | $1.52 | 163.4% |
| 2015-12-31 | $1.08 | $1.52 | 140.7% |
| 2014-12-31 | $1.46 | $1.52 | 104.1% |
| 2013-12-31 | $2.61 | $1.44 | 55.2% |
| 2012-12-31 | $2.25 | $1.23 | 54.8% |
| 2011-12-31 | $2.20 | $0.91 | 41.4% |
| 2010-12-31 | $1.88 | $0.82 | 43.7% |
| 2009-12-31 | $1.45 | $0.74 | 51.2% |
| 2008-12-31 | $1.05 | $0.74 | 70.7% |
| 2007-12-31 | $1.56 | $0.74 | 47.6% |
| 2006-12-31 | $1.55 | $0.64 | 41.5% |
| 2005-12-31 | $1.02 | $0.50 | 48.5% |
| 2004-12-31 | $1.37 | $0.45 | 32.5% |
| 2003-12-31 | $1.23 | $0.40 | 32.2% |
| 2002-12-31 | $0.52 | $0.05 | 9.5% |
| 2001-12-31 | $0.69 | $0.14 | 20.2% |
| 2000-12-31 | ($1.01) | $0.27 | N/A (Loss) |
| 1999-12-31 | ($0.20) | $0.35 | N/A (Loss) |
| 1998-12-31 | $0.51 | $0.31 | 60.2% |
| 1997-12-31 | ($0.52) | $0.27 | N/A (Loss) |
| 1996-12-31 | $1.26 | $0.24 | 18.9% |
