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 92.36% is 29% above its 3-year average of 71.70%, near the high end of its 3-year range (37.09%–114.32%).
As of Tuesday, November 14, 2017. 8.50% above its 12-month average of 85.13%.
Dividend Payout Ratio (92.36%) = TTM Dividends/Share ($0.48) / TTM EPS ($0.52)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2017-11-14.
DIVIDEND PAYOUT RATIO
92.36%
DIVIDEND PAYOUT RATIO AVG TTM
85.13%
DIVIDEND PAYOUT RATIO AVG 3Y
74.18%
DIVIDEND PAYOUT RATIO AVG 5Y
N/A
DIVIDEND PAYOUT RATIO AVG 10Y
N/A
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+8.50%
CURRENT VS 3Y AVG
+24.50%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($0.28) | $0.00 | N/A (Loss) |
| 2024-12-31 | ($0.45) | $0.00 | N/A (Loss) |
| 2023-12-31 | ($1.69) | $0.00 | N/A (Loss) |
| 2022-12-31 | ($0.61) | $0.00 | N/A (Loss) |
| 2021-12-31 | $1.49 | $0.00 | 0.0% |
| 2020-12-31 | $0.02 |
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 |
|---|---|
| 2017-11-14 | 92.36% |
| 2017-11-13 | 92.31% |
| 2017-11-10 | 92.28% |
| 2017-11-09 | 92.36% |
| 2017-11-08 | 92.33% |
| 2017-11-07 | 92.27% |
| 2017-11-06 | 92.25% |
| 2017-11-03 | 92.25% |
| 2017-11-02 | 92.25% |
| 2017-11-01 | 92.28% |
| 2017-10-31 | 92.28% |
| 2017-10-30 | 92.28% |
| 2017-10-27 | 92.28% |
| 2017-10-26 | 92.25% |
| 2017-10-25 | 92.31% |
| 2017-10-24 | 92.31% |
| 2017-10-23 | 92.36% |
| 2017-10-20 | 92.32% |
| 2017-10-19 | 92.37% |
| 2017-10-18 | 92.37% |
| 2017-10-17 | 92.35% |
| 2017-10-16 | 92.33% |
| 2017-10-13 | 92.30% |
| 2017-10-12 | 92.33% |
| 2017-10-11 | 92.33% |
| 2017-10-10 | 92.31% |
| 2017-10-09 | 92.31% |
| 2017-10-06 | 92.26% |
| 2017-10-05 | 92.26% |
| 2017-10-04 | 92.35% |
| 2017-10-03 | 92.32% |
| 2017-10-02 | 92.27% |
| 2017-09-29 | 92.31% |
| 2017-09-28 | 92.36% |
| 2017-09-27 | 92.29% |
| 2017-09-26 | 92.29% |
| 2017-09-25 | 92.28% |
| 2017-09-22 | 92.35% |
| 2017-09-21 | 92.29% |
| 2017-09-20 | 92.32% |
| 2017-09-19 | 92.28% |
| 2017-09-18 | 92.28% |
| 2017-09-15 | 92.32% |
| 2017-09-14 | 92.33% |
| 2017-09-13 | 92.33% |
| 2017-09-12 | 92.35% |
| 2017-09-11 | 92.33% |
| 2017-09-08 | 92.34% |
| 2017-09-07 | 92.34% |
| 2017-09-06 | 92.28% |
| 2017-09-05 | 92.30% |
| 2017-09-01 | 92.31% |
| 2017-08-31 | 92.34% |
| 2017-08-30 | 92.33% |
| 2017-08-29 | 92.28% |
| 2017-08-28 | 92.33% |
| 2017-08-25 | 92.28% |
| 2017-08-24 | 92.31% |
| 2017-08-23 | 92.28% |
| 2017-08-22 | 92.29% |
| 2017-08-21 | 92.35% |
| 2017-08-18 | 92.31% |
| 2017-08-17 | 92.28% |
| 2017-08-16 | 92.28% |
| 2017-08-15 | 92.33% |
| 2017-08-14 | 102.14% |
| 2017-08-11 | 102.11% |
| 2017-08-10 | 102.11% |
| 2017-08-09 | 102.12% |
| 2017-08-08 | 102.11% |
| 2017-08-07 | 102.09% |
| 2017-08-04 | 102.11% |
| 2017-08-03 | 102.09% |
| 2017-08-02 | 102.12% |
| 2017-08-01 | 102.17% |
| 2017-07-31 | 102.11% |
| 2017-07-28 | 102.15% |
| 2017-07-27 | 102.15% |
| 2017-07-26 | 102.15% |
| 2017-07-25 | 102.09% |
| 2017-07-24 | 102.15% |
| 2017-07-21 | 102.13% |
| 2017-07-20 | 102.15% |
| 2017-07-19 | 102.15% |
| 2017-07-18 | 102.15% |
| 2017-07-17 | 102.09% |
| 2017-07-14 | 102.10% |
| 2017-07-13 | 102.12% |
| 2017-07-12 | 102.16% |
| 2017-07-11 | 102.12% |
| 2017-07-10 | 102.15% |
| 2017-07-07 | 102.15% |
| 2017-07-06 | 102.17% |
| 2017-07-05 | 102.17% |
| 2017-07-03 | 102.09% |
| 2017-06-30 | 102.12% |
| 2017-06-29 | 102.09% |
| 2017-06-28 | 102.09% |
| 2017-06-27 | 102.10% |
| 2017-06-26 | 102.12% |
| 2017-06-23 | 102.12% |
| 2017-06-22 | 102.16% |
| 2017-06-21 | 102.12% |
| 2017-06-20 | 76.62% |
| 2017-06-19 | 76.58% |
| 2017-06-16 | 76.60% |
| 2017-06-15 | 102.15% |
| 2017-06-14 | 102.11% |
| 2017-06-13 | 102.10% |
| 2017-06-12 | 102.10% |
| 2017-06-09 | 102.13% |
| 2017-06-08 | 102.10% |
| 2017-06-07 | 102.12% |
| 2017-06-06 | 102.09% |
| 2017-06-05 | 102.12% |
| 2017-06-02 | 102.09% |
| 2017-06-01 | 102.12% |
| 2017-05-31 | 102.09% |
| 2017-05-30 | 102.09% |
| 2017-05-26 | 102.09% |
| 2017-05-25 | 102.13% |
| 2017-05-24 | 102.12% |
| 2017-05-23 | 102.15% |
| 2017-05-22 | 102.12% |
| 2017-05-19 | 102.12% |
| 2017-05-18 | 102.10% |
| 2017-05-17 | 102.09% |
| 2017-05-16 | 102.13% |
| 2017-05-15 | 114.29% |
| 2017-05-12 | 114.31% |
| 2017-05-11 | 114.31% |
| 2017-05-10 | 114.29% |
| 2017-05-09 | 114.25% |
| 2017-05-08 | 114.31% |
| 2017-05-05 | 114.30% |
| 2017-05-04 | 114.30% |
| 2017-05-03 | 114.31% |
| 2017-05-02 | 114.31% |
| 2017-05-01 | 114.30% |
| 2017-04-28 | 114.32% |
| 2017-04-27 | 114.25% |
| 2017-04-26 | 114.26% |
| 2017-04-25 | 114.32% |
| 2017-04-24 | 114.26% |
| 2017-04-21 | 114.26% |
| 2017-04-20 | 114.26% |
| 2017-04-19 | 114.26% |
| 2017-04-18 | 114.27% |
| 2017-04-17 | 114.26% |
| 2017-04-13 | 114.26% |
| 2017-04-12 | 114.26% |
| 2017-04-11 | 114.29% |
| 2017-04-10 | 114.27% |
| 2017-04-07 | 114.27% |
| 2017-04-06 | 114.26% |
| 2017-04-05 | 114.26% |
| 2017-04-04 | 114.26% |
| 2017-04-03 | 114.31% |
| 2017-03-31 | 114.29% |
| 2017-03-30 | 114.29% |
| 2017-03-29 | 114.31% |
| 2017-03-28 | 114.27% |
| 2017-03-27 | 114.29% |
| 2017-03-24 | 114.27% |
| 2017-03-23 | 114.26% |
| 2017-03-22 | 114.31% |
| 2017-03-21 | 114.26% |
| 2017-03-20 | 114.30% |
| 2017-03-17 | 114.31% |
| 2017-03-16 | 114.32% |
| 2017-03-15 | 114.31% |
| 2017-03-14 | 85.72% |
| 2017-03-13 | 41.40% |
| 2017-03-10 | 41.38% |
| 2017-03-09 | 41.35% |
| 2017-03-08 | 41.37% |
| 2017-03-07 | 41.39% |
| 2017-03-06 | 41.40% |
| 2017-03-03 | 41.39% |
| 2017-03-02 | 41.37% |
| 2017-03-01 | 41.37% |
| 2017-02-28 | 41.40% |
| 2017-02-27 | 41.36% |
| 2017-02-24 | 55.20% |
| 2017-02-23 | 55.18% |
| 2017-02-22 | 55.18% |
| 2017-02-21 | 55.20% |
| 2017-02-17 | 55.20% |
| 2017-02-16 | 55.19% |
| 2017-02-15 | 55.16% |
| 2017-02-14 | 55.16% |
| 2017-02-13 | 55.14% |
| 2017-02-10 | 55.16% |
| 2017-02-09 | 55.20% |
| 2017-02-08 | 55.14% |
| 2017-02-07 | 55.20% |
| 2017-02-06 | 55.20% |
| 2017-02-03 | 55.14% |
| 2017-02-02 | 55.16% |
| 2017-02-01 | 55.14% |
| 2017-01-31 | 55.20% |
| 2017-01-30 | 55.16% |
| 2017-01-27 | 55.16% |
| 2017-01-26 | 55.14% |
| 2017-01-25 | 55.15% |
| 2017-01-24 | 55.18% |
| 2017-01-23 | 55.19% |
| 2017-01-20 | 55.21% |
| 2017-01-19 | 55.18% |
| 2017-01-18 | 55.13% |
| 2017-01-17 | 55.14% |
| 2017-01-13 | 55.17% |
| 2017-01-12 | 55.14% |
| 2017-01-11 | 55.16% |
| 2017-01-10 | 55.16% |
| 2017-01-09 | 55.14% |
| 2017-01-06 | 55.20% |
| 2017-01-05 | 55.16% |
| 2017-01-04 | 55.18% |
| 2017-01-03 | 55.14% |
| 2016-12-30 | 55.20% |
| 2016-12-29 | 55.14% |
| 2016-12-28 | 55.14% |
| 2016-12-27 | 55.16% |
| 2016-12-23 | 55.16% |
| 2016-12-22 | 55.14% |
| 2016-12-21 | 55.16% |
| 2016-12-20 | 41.40% |
| 2016-12-19 | 41.38% |
| 2016-12-16 | 41.40% |
| 2016-12-15 | 41.38% |
| 2016-12-14 | 41.38% |
| 2016-12-13 | 41.37% |
| 2016-12-12 | 41.37% |
| 2016-12-09 | 41.37% |
| 2016-12-08 | 41.40% |
| 2016-12-07 | 41.40% |
| 2016-12-06 | 41.37% |
| 2016-12-05 | 41.37% |
| 2016-12-02 | 41.40% |
| 2016-12-01 | 55.16% |
| 2016-11-30 | 55.13% |
| 2016-11-29 | 55.18% |
| 2016-11-28 | 55.16% |
| 2016-11-25 | 55.18% |
| 2016-11-23 | 55.18% |
| 2016-11-22 | 55.15% |
| 2016-11-21 | 55.15% |
| 2016-11-18 | 55.18% |
| 2016-11-17 | 55.20% |
| 2016-11-16 | 55.14% |
| 2016-11-15 | 55.14% |
| 2016-11-14 | 97.96% |
| 2016-11-11 | 97.94% |
| 2016-11-10 | 97.94% |
| 2016-11-09 | 97.92% |
| 2016-11-08 | 97.95% |
| 2016-11-07 | 97.96% |
| 2016-11-04 | 97.96% |
| 2016-11-03 | 97.98% |
Showing the most recent 260 of 827 data points. The chart above shows the full history.
| $0.00 |
| 0.0% |
| 2019-12-31 | ($0.03) | $0.00 | N/A (Loss) |
| 2018-12-31 | ($1.00) | $0.00 | N/A (Loss) |
| 2017-12-31 | ($3.55) | $0.36 | N/A (Loss) |
| 2016-12-31 | $0.43 | $0.48 | 111.6% |
| 2015-12-31 | $0.76 | $0.48 | 63.2% |
| 2014-12-31 | $0.82 | $0.36 | 43.9% |