Basis: Latest reported fiscal year. 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 17.10% is 89% below its 5-year average of 159.48%, near the low end of its 5-year range (0.00%–461.33%).
As of the fiscal period ended Wednesday, December 31, 2025.
Dividend Payout Ratio (17.10%) = TTM Dividends/Share ($0.83) / TTM EPS ($4.85)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted.
DIVIDEND PAYOUT RATIO
17.10%
DIVIDEND PAYOUT RATIO AVG TTM
N/A
DIVIDEND PAYOUT RATIO AVG 3Y
N/A
DIVIDEND PAYOUT RATIO AVG 5Y
159.48%
DIVIDEND PAYOUT RATIO AVG 10Y
113.24%
DIVIDEND PAYOUT RATIO AVG 15Y
86.28%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
-89.27%
CURRENT VS 10Y AVG
-84.90%
CURRENT VS 15Y AVG
-80.18%
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $4.85 | $0.83 | 17.1% |
| 2024 | ($0.40) | $0.59 | N/A (Loss) |
| 2023 | $2.23 | $0.37 | 16.5% |
| 2022 | ($1.54) | $0.13 | N/A (Loss) |
| 2021 | $0.03 | $0.13 | 460.8% |
| 2020 | $0.26 | $0.00 | 0.0% |
| 2019 | $1.59 | $0.51 | 31.9% |
| 2018 | $0.86 | $0.48 | 55.7% |
| 2017 | $2.68 | $0.23 | 8.6% |
| 2016 | $1.16 | $0.41 | 35.0% |
| 2015 | ($0.29) | $0.33 | N/A (Loss) |
| 2014 | ($0.09) | $0.39 | N/A (Loss) |
| 2013 | $1.14 | $0.34 | 29.3% |
| 2012 | $1.02 | $0.23 | 22.2% |
| 2011 | $0.39 | $0.26 | 66.2% |
| 2010 | $0.17 | $0.13 | 72.7% |
| 2009 | $0.57 | $0.06 | 10.3% |
| 2008 | ($0.17) | $0.18 | N/A (Loss) |
| 2007 | $0.03 | $0.00 | 0.0% |
| 2006 | $0.01 | $0.00 | 0.0% |
| 2005 | ($0.25) | $0.00 | N/A (Loss) |
| 2004 | $0.26 | $0.00 | 0.0% |
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 |
|---|---|
| 2025-12-31 | 17.10% |
| 2021-12-31 | 461.33% |
| 2020-12-31 | 0.00% |
| 2019-12-31 | 31.83% |
| 2018-12-31 | 55.96% |
| 2013-12-31 | 29.27% |
| 2012-12-31 | 22.11% |
| 2010-12-31 | 72.67% |
