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 113.02% is 49% above its 4-year average of 75.95%, around the middle of its 4-year range (6.28%–212.13%).
As of Friday, October 2, 2026. 6.71% above its 12-month average of 105.91%.
Dividend Payout Ratio (113.02%) = TTM Dividends/Share ($0.16) / TTM EPS ($0.14)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-02.
DIVIDEND PAYOUT RATIO
113.02%
DIVIDEND PAYOUT RATIO AVG TTM
105.91%
DIVIDEND PAYOUT RATIO AVG 3Y
102.95%
DIVIDEND PAYOUT RATIO AVG 5Y
75.95%
DIVIDEND PAYOUT RATIO AVG 10Y
83.40%
DIVIDEND PAYOUT RATIO AVG 15Y
84.65%
DIVIDEND PAYOUT RATIO AVG 20Y
65.84%
CURRENT VS TTM AVG
+6.71%
CURRENT VS 3Y AVG
+9.78%
CURRENT VS 5Y AVG
+48.81%
CURRENT VS 10Y AVG
+35.52%
CURRENT VS 15Y AVG
+33.51%
CURRENT VS 20Y AVG
+71.66%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $0.13 | $0.16 | 121.3% |
| 2024-12-31 | $0.24 | $0.14 | 59.0% |
| 2023-12-31 | $0.13 | $0.12 | 90.1% |
| 2022-12-31 | $0.81 | $0.06 | 7.5% |
| 2021-12-31 | $0.33 | $0.00 | 0.0% |
| 2020-12-31 | ($0.55) |
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 |
|---|---|
| 2026-10-02 | 113.02% |
| 2026-10-01 | 113.02% |
| 2026-09-30 | 113.02% |
| 2026-09-29 | 113.01% |
| 2026-09-28 | 113.03% |
| 2026-09-25 | 113.02% |
| 2026-09-24 | 113.02% |
| 2026-09-23 | 113.02% |
| 2026-09-22 | 113.03% |
| 2026-09-21 | 113.03% |
| 2026-09-18 | 113.03% |
| 2026-09-17 | 113.02% |
| 2026-09-16 | 113.02% |
| 2026-09-15 | 113.02% |
| 2026-09-14 | 113.03% |
| 2026-09-11 | 113.02% |
| 2026-09-10 | 113.02% |
| 2026-09-09 | 113.02% |
| 2026-09-08 | 113.02% |
| 2026-09-04 | 113.02% |
| 2026-09-03 | 113.03% |
| 2026-09-02 | 113.02% |
| 2026-09-01 | 113.02% |
| 2026-08-31 | 113.02% |
| 2026-08-28 | 113.03% |
| 2026-08-27 | 113.03% |
| 2026-08-26 | 113.02% |
| 2026-08-25 | 113.03% |
| 2026-08-24 | 113.02% |
| 2026-08-21 | 113.03% |
| 2026-08-20 | 113.02% |
| 2026-08-19 | 113.01% |
| 2026-08-18 | 113.02% |
| 2026-08-17 | 113.02% |
| 2026-08-14 | 113.02% |
| 2026-08-13 | 113.03% |
| 2026-08-12 | 113.02% |
| 2026-08-11 | 113.02% |
| 2026-08-10 | 113.02% |
| 2026-08-07 | 113.02% |
| 2026-08-06 | 113.01% |
| 2026-08-05 | 113.02% |
| 2026-08-04 | 113.02% |
| 2026-08-03 | 113.02% |
| 2026-07-31 | 113.02% |
| 2026-07-30 | 113.02% |
| 2026-07-29 | 113.02% |
| 2026-07-28 | 145.23% |
| 2026-07-27 | 113.31% |
| 2026-07-24 | 113.30% |
| 2026-07-23 | 97.63% |
| 2026-07-22 | 97.62% |
| 2026-07-21 | 97.63% |
| 2026-07-20 | 97.62% |
| 2026-07-17 | 97.63% |
| 2026-07-16 | 97.63% |
| 2026-07-15 | 97.62% |
| 2026-07-14 | 97.62% |
| 2026-07-13 | 97.62% |
| 2026-07-10 | 97.62% |
| 2026-07-09 | 97.62% |
| 2026-07-08 | 97.62% |
| 2026-07-07 | 97.63% |
| 2026-07-06 | 97.63% |
| 2026-07-02 | 97.63% |
| 2026-07-01 | 97.62% |
| 2026-06-30 | 97.63% |
| 2026-06-29 | 97.63% |
| 2026-06-26 | 97.63% |
| 2026-06-25 | 97.63% |
| 2026-06-24 | 97.62% |
| 2026-06-23 | 97.63% |
| 2026-06-22 | 97.63% |
| 2026-06-18 | 97.63% |
| 2026-06-17 | 97.62% |
| 2026-06-16 | 97.63% |
| 2026-06-15 | 97.62% |
| 2026-06-12 | 97.62% |
| 2026-06-11 | 97.62% |
| 2026-06-10 | 97.62% |
| 2026-06-09 | 97.62% |
| 2026-06-08 | 97.63% |
| 2026-06-05 | 97.63% |
| 2026-06-04 | 97.63% |
| 2026-06-03 | 97.63% |
| 2026-06-02 | 97.63% |
| 2026-06-01 | 97.63% |
| 2026-05-29 | 97.63% |
| 2026-05-28 | 97.62% |
| 2026-05-27 | 97.62% |
| 2026-05-26 | 97.62% |
| 2026-05-22 | 97.62% |
| 2026-05-21 | 97.63% |
| 2026-05-20 | 97.62% |
| 2026-05-19 | 97.63% |
| 2026-05-18 | 97.63% |
| 2026-05-15 | 97.63% |
| 2026-05-14 | 97.63% |
| 2026-05-13 | 97.63% |
| 2026-05-12 | 97.62% |
| 2026-05-11 | 97.63% |
| 2026-05-08 | 97.63% |
| 2026-05-07 | 97.63% |
| 2026-05-06 | 97.63% |
| 2026-05-05 | 97.63% |
| 2026-05-04 | 124.11% |
| 2026-05-01 | 124.12% |
| 2026-04-30 | 124.11% |
| 2026-04-29 | 124.12% |
| 2026-04-28 | 124.12% |
| 2026-04-27 | 96.05% |
| 2026-04-24 | 96.07% |
| 2026-04-23 | 96.06% |
| 2026-04-22 | 96.06% |
| 2026-04-21 | 96.06% |
| 2026-04-20 | 96.06% |
| 2026-04-17 | 96.06% |
| 2026-04-16 | 96.05% |
| 2026-04-15 | 96.07% |
| 2026-04-14 | 96.06% |
| 2026-04-13 | 96.06% |
| 2026-04-10 | 96.06% |
| 2026-04-09 | 96.05% |
| 2026-04-08 | 96.06% |
| 2026-04-07 | 96.05% |
| 2026-04-06 | 96.05% |
| 2026-04-02 | 96.07% |
| 2026-04-01 | 96.06% |
| 2026-03-31 | 116.60% |
| 2026-03-30 | 116.59% |
| 2026-03-27 | 116.61% |
| 2026-03-26 | 116.61% |
| 2026-03-25 | 116.61% |
| 2026-03-24 | 116.60% |
| 2026-03-23 | 116.61% |
| 2026-03-20 | 116.61% |
| 2026-03-19 | 116.60% |
| 2026-03-18 | 116.61% |
| 2026-03-17 | 116.60% |
| 2026-03-16 | 116.60% |
| 2026-03-13 | 116.60% |
| 2026-03-12 | 116.61% |
| 2026-03-11 | 116.60% |
| 2026-03-10 | 116.61% |
| 2026-03-09 | 116.61% |
| 2026-03-06 | 116.60% |
| 2025-03-13 | 186.11% |
| 2025-03-11 | 186.13% |
| 2025-03-07 | 186.14% |
| 2025-03-05 | 186.11% |
| 2025-03-03 | 186.13% |
| 2025-02-27 | 186.12% |
| 2025-02-25 | 186.13% |
| 2025-02-21 | 186.12% |
| 2025-02-19 | 186.11% |
| 2025-02-14 | 186.13% |
| 2025-02-12 | 186.13% |
| 2025-02-10 | 186.12% |
| 2025-02-06 | 186.13% |
| 2025-02-04 | 186.12% |
| 2025-01-31 | 144.45% |
| 2025-01-29 | 144.45% |
| 2025-01-27 | 187.58% |
| 2025-01-23 | 187.58% |
| 2025-01-21 | 187.58% |
| 2025-01-16 | 187.60% |
| 2025-01-14 | 187.60% |
| 2025-01-10 | 187.59% |
| 2025-01-07 | 187.59% |
| 2025-01-03 | 187.57% |
| 2024-12-31 | 187.60% |
| 2024-12-27 | 187.57% |
| 2024-12-24 | 187.59% |
| 2024-12-20 | 187.60% |
| 2024-12-18 | 187.58% |
| 2024-12-16 | 187.58% |
| 2024-12-12 | 187.60% |
| 2024-12-10 | 187.60% |
| 2024-12-06 | 187.59% |
| 2024-12-04 | 187.58% |
| 2024-12-02 | 187.57% |
| 2024-11-27 | 187.59% |
| 2024-11-25 | 187.59% |
| 2024-11-21 | 187.59% |
| 2024-11-19 | 187.60% |
| 2024-11-15 | 187.59% |
| 2024-11-13 | 187.59% |
| 2024-11-11 | 187.57% |
| 2024-11-07 | 187.59% |
| 2024-11-05 | 187.59% |
| 2024-11-01 | 187.57% |
| 2024-10-30 | 187.58% |
| 2024-10-28 | 187.57% |
| 2024-10-24 | 187.59% |
| 2024-10-22 | 187.59% |
| 2024-10-18 | 186.71% |
| 2024-10-16 | 186.73% |
| 2024-10-14 | 186.73% |
| 2024-10-10 | 186.72% |
| 2024-10-08 | 186.73% |
| 2024-10-04 | 186.73% |
| 2024-10-02 | 186.71% |
| 2024-09-30 | 212.13% |
| 2024-09-26 | 212.10% |
| 2024-09-24 | 212.11% |
| 2024-09-20 | 212.12% |
| 2024-09-18 | 212.10% |
| 2024-09-16 | 212.12% |
| 2024-09-12 | 212.13% |
| 2024-09-10 | 212.10% |
| 2024-09-06 | 212.11% |
| 2024-09-04 | 212.12% |
| 2024-08-30 | 212.11% |
| 2024-08-28 | 212.10% |
| 2024-08-26 | 212.11% |
| 2024-08-22 | 212.12% |
| 2024-08-20 | 212.13% |
| 2024-08-16 | 212.12% |
| 2024-08-14 | 212.13% |
| 2024-08-12 | 212.12% |
| 2024-08-08 | 212.10% |
| 2024-08-06 | 212.12% |
| 2024-08-02 | 212.10% |
| 2024-07-31 | 90.56% |
| 2024-07-29 | 90.55% |
| 2024-07-25 | 90.57% |
| 2024-07-23 | 90.56% |
| 2024-07-19 | 90.78% |
| 2024-07-17 | 90.78% |
| 2024-07-15 | 90.78% |
| 2024-07-11 | 90.78% |
| 2024-07-09 | 90.77% |
| 2024-07-05 | 90.78% |
| 2024-07-02 | 90.79% |
| 2024-06-28 | 90.80% |
| 2024-06-26 | 90.78% |
| 2024-06-24 | 90.78% |
| 2024-06-20 | 90.80% |
| 2024-06-17 | 90.78% |
| 2024-06-13 | 90.78% |
| 2024-06-11 | 90.81% |
| 2024-06-07 | 90.80% |
| 2024-06-05 | 90.78% |
| 2024-06-03 | 90.80% |
| 2024-05-30 | 90.79% |
| 2024-05-28 | 90.79% |
| 2024-05-23 | 90.79% |
| 2024-05-21 | 90.77% |
| 2024-05-17 | 90.80% |
| 2024-05-15 | 90.79% |
| 2024-05-13 | 90.79% |
| 2024-05-09 | 90.80% |
| 2024-05-07 | 90.80% |
| 2024-05-03 | 90.78% |
| 2024-05-01 | 90.78% |
| 2024-04-29 | 90.80% |
| 2024-04-25 | 90.79% |
| 2024-04-23 | 90.80% |
| 2024-04-19 | 84.28% |
| 2024-04-17 | 84.28% |
Showing the most recent 260 of 1,293 data points. The chart above shows the full history.
| $0.00 |
| N/A (Loss) |
| 2019-12-31 | $0.00 | $0.11 | N/A |
| 2018-12-31 | ($0.07) | $0.22 | N/A (Loss) |
| 2017-12-31 | ($0.31) | $0.19 | N/A (Loss) |
| 2016-12-31 | ($0.14) | $0.29 | N/A (Loss) |
| 2015-12-31 | $0.73 | $0.16 | 21.4% |
| 2014-12-31 | $1.14 | $0.51 | 44.4% |
| 2013-12-31 | ($0.23) | $0.00 | N/A (Loss) |
| 2012-12-31 | ($1.12) | $0.25 | N/A (Loss) |
| 2011-12-31 | ($0.40) | $0.57 | N/A (Loss) |
| 2009-12-31 | $0.34 | $0.55 | 158.7% |
| 2008-12-31 | $1.49 | $0.83 | 55.9% |
| 2007-12-31 | $2.71 | $0.58 | 21.3% |
| 2006-12-31 | $1.40 | $0.46 | 32.6% |
| 2005-12-31 | $0.98 | $0.43 | 43.9% |
| 2004-12-31 | $0.95 | $0.36 | 37.8% |
| 2003-12-31 | $0.94 | $0.30 | 32.1% |
| 2002-12-31 | $0.75 | $0.24 | 31.7% |
| 2001-12-31 | $0.42 | $0.25 | 59.1% |
| 2000-12-31 | $0.80 | $0.19 | 23.9% |
| 1999-12-31 | $0.14 | $0.13 | 91.7% |
| 1998-12-31 | $0.22 | $0.07 | 31.7% |
| 1997-12-31 | $0.03 | $0.04 | 153.3% |
| 1996-12-31 | $0.15 | $0.04 | 26.4% |