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 146.16% is in line with its 4-year average of 150.91%, near the low end of its 4-year range (5.52%–540.56%).
As of Friday, September 11, 2026. 56.04% below its 12-month average of 332.46%.
Dividend Payout Ratio (146.16%) = TTM Dividends/Share ($0.36) / TTM EPS ($0.25)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-11.
DIVIDEND PAYOUT RATIO
146.16%
DIVIDEND PAYOUT RATIO AVG TTM
332.46%
DIVIDEND PAYOUT RATIO AVG 3Y
190.26%
DIVIDEND PAYOUT RATIO AVG 5Y
150.91%
DIVIDEND PAYOUT RATIO AVG 10Y
90.66%
DIVIDEND PAYOUT RATIO AVG 15Y
82.81%
DIVIDEND PAYOUT RATIO AVG 20Y
98.39%
CURRENT VS TTM AVG
-56.04%
CURRENT VS 3Y AVG
-23.18%
CURRENT VS 5Y AVG
-3.14%
CURRENT VS 10Y AVG
+61.22%
CURRENT VS 15Y AVG
+76.51%
CURRENT VS 20Y AVG
+48.56%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $0.04 | $0.36 | 849.1% |
| 2024-12-31 | $0.14 | $0.34 | 242.9% |
| 2023-12-31 | $0.93 | $0.30 | 32.3% |
| 2022-12-31 | $0.34 | $0.10 | 29.4% |
| 2021-12-31 | $0.16 | $0.00 | 0.0% |
| 2020-12-31 | ($1.90) |
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. For REITs, GAAP earnings understate cash generation (large non-cash depreciation), so read this alongside the FCF payout ratio — FFO/AFFO payout is the industry standard.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-09-11 | 146.16% |
| 2026-09-10 | 146.17% |
| 2026-09-09 | 146.16% |
| 2026-09-08 | 146.15% |
| 2026-09-04 | 146.15% |
| 2026-09-03 | 146.16% |
| 2026-09-02 | 146.16% |
| 2026-09-01 | 146.17% |
| 2026-08-31 | 146.16% |
| 2026-08-28 | 146.16% |
| 2026-08-27 | 146.16% |
| 2026-08-26 | 146.15% |
| 2026-08-25 | 146.15% |
| 2026-08-24 | 146.16% |
| 2026-08-21 | 146.17% |
| 2026-08-20 | 146.17% |
| 2026-08-19 | 146.16% |
| 2026-08-18 | 146.15% |
| 2026-08-17 | 146.15% |
| 2026-08-14 | 146.17% |
| 2026-08-13 | 146.15% |
| 2026-08-12 | 146.17% |
| 2026-08-11 | 146.17% |
| 2026-08-10 | 146.17% |
| 2026-08-07 | 146.18% |
| 2026-08-06 | 255.67% |
| 2026-08-05 | 255.67% |
| 2026-08-04 | 255.69% |
| 2026-08-03 | 255.69% |
| 2026-07-31 | 255.67% |
| 2026-07-30 | 255.69% |
| 2026-07-29 | 255.67% |
| 2026-07-28 | 255.67% |
| 2026-07-27 | 255.69% |
| 2026-07-24 | 255.68% |
| 2026-07-23 | 255.68% |
| 2026-07-22 | 255.68% |
| 2026-07-21 | 255.68% |
| 2026-07-20 | 255.69% |
| 2026-07-17 | 255.68% |
| 2026-07-16 | 255.69% |
| 2026-07-15 | 255.68% |
| 2026-07-14 | 255.68% |
| 2026-07-13 | 255.70% |
| 2026-07-10 | 255.69% |
| 2026-07-09 | 255.69% |
| 2026-07-08 | 255.68% |
| 2026-07-07 | 255.67% |
| 2026-07-06 | 255.67% |
| 2026-07-02 | 255.67% |
| 2026-07-01 | 255.67% |
| 2026-06-30 | 255.68% |
| 2026-06-29 | 255.67% |
| 2026-06-26 | 255.68% |
| 2026-06-25 | 255.69% |
| 2026-06-24 | 255.68% |
| 2026-06-23 | 255.68% |
| 2026-06-22 | 255.67% |
| 2026-06-18 | 255.69% |
| 2026-06-17 | 255.68% |
| 2026-06-16 | 255.68% |
| 2026-06-15 | 255.67% |
| 2026-06-12 | 255.69% |
| 2026-06-11 | 255.69% |
| 2026-06-10 | 255.69% |
| 2026-06-09 | 255.67% |
| 2026-06-08 | 255.69% |
| 2026-06-05 | 255.67% |
| 2026-06-04 | 255.69% |
| 2026-06-03 | 255.67% |
| 2026-06-02 | 255.67% |
| 2026-06-01 | 255.67% |
| 2026-05-29 | 255.69% |
| 2026-05-28 | 255.70% |
| 2026-05-27 | 255.67% |
| 2026-05-26 | 255.68% |
| 2026-05-22 | 255.69% |
| 2026-05-21 | 255.70% |
| 2026-05-20 | 255.69% |
| 2026-05-19 | 255.67% |
| 2026-05-18 | 255.67% |
| 2026-05-15 | 255.69% |
| 2026-05-14 | 255.68% |
| 2026-05-13 | 255.69% |
| 2026-05-12 | 255.69% |
| 2026-05-11 | 255.68% |
| 2026-05-08 | 255.67% |
| 2026-05-07 | 255.69% |
| 2026-05-06 | 255.69% |
| 2026-05-05 | 540.54% |
| 2026-05-04 | 540.56% |
| 2026-05-01 | 540.55% |
| 2026-04-30 | 540.55% |
| 2026-04-29 | 540.55% |
| 2026-04-28 | 540.55% |
| 2026-04-27 | 540.56% |
| 2026-04-24 | 540.52% |
| 2026-04-23 | 540.53% |
| 2026-04-22 | 540.53% |
| 2026-04-21 | 540.52% |
| 2026-04-20 | 540.55% |
| 2026-04-17 | 540.52% |
| 2026-04-16 | 540.53% |
| 2026-04-15 | 540.53% |
| 2026-04-14 | 540.55% |
| 2026-04-13 | 540.53% |
| 2026-04-10 | 540.53% |
| 2026-04-09 | 540.53% |
| 2026-04-08 | 540.55% |
| 2026-04-07 | 540.56% |
| 2026-04-06 | 540.56% |
| 2026-04-02 | 540.56% |
| 2026-04-01 | 540.52% |
| 2026-03-31 | 540.56% |
| 2026-03-30 | 540.52% |
| 2026-03-27 | 540.52% |
| 2026-03-26 | 540.54% |
| 2026-03-25 | 540.54% |
| 2026-03-24 | 540.55% |
| 2026-03-23 | 540.55% |
| 2026-03-20 | 540.53% |
| 2026-03-19 | 540.55% |
| 2026-03-18 | 540.56% |
| 2026-03-17 | 540.55% |
| 2026-03-16 | 540.55% |
| 2026-03-13 | 540.52% |
| 2026-03-12 | 540.56% |
| 2026-03-11 | 540.54% |
| 2026-03-10 | 540.54% |
| 2026-03-09 | 540.54% |
| 2026-03-06 | 540.54% |
| 2026-03-05 | 540.53% |
| 2026-03-04 | 540.56% |
| 2026-03-03 | 540.53% |
| 2026-03-02 | 540.53% |
| 2025-08-06 | 373.85% |
| 2025-08-04 | 373.82% |
| 2025-07-31 | 373.82% |
| 2025-07-29 | 373.82% |
| 2025-07-25 | 373.85% |
| 2025-07-23 | 373.83% |
| 2025-07-21 | 373.83% |
| 2025-07-17 | 373.83% |
| 2025-07-15 | 373.82% |
| 2025-07-11 | 373.83% |
| 2025-07-09 | 373.82% |
| 2025-07-07 | 373.83% |
| 2025-07-02 | 373.84% |
| 2025-06-30 | 373.81% |
| 2025-06-26 | 373.82% |
| 2025-06-24 | 373.81% |
| 2025-06-20 | 373.82% |
| 2025-06-17 | 373.82% |
| 2025-06-13 | 373.82% |
| 2025-06-11 | 373.83% |
| 2025-06-09 | 373.81% |
| 2025-06-05 | 373.82% |
| 2025-06-03 | 373.82% |
| 2025-05-30 | 373.82% |
| 2025-05-28 | 373.84% |
| 2025-05-23 | 373.83% |
| 2025-05-21 | 373.83% |
| 2025-05-19 | 373.82% |
| 2025-05-15 | 373.81% |
| 2025-05-13 | 373.83% |
| 2025-05-09 | 373.82% |
| 2025-05-07 | 373.84% |
| 2025-05-05 | 239.20% |
| 2025-05-01 | 239.21% |
| 2025-04-29 | 239.20% |
| 2025-04-25 | 239.20% |
| 2025-04-23 | 239.19% |
| 2025-04-21 | 239.22% |
| 2025-04-16 | 239.21% |
| 2025-04-14 | 239.20% |
| 2025-04-10 | 239.19% |
| 2025-04-08 | 239.22% |
| 2025-04-04 | 239.20% |
| 2025-04-02 | 239.20% |
| 2025-03-31 | 239.18% |
| 2025-03-27 | 179.41% |
| 2025-03-25 | 225.92% |
| 2025-03-21 | 225.91% |
| 2025-03-19 | 225.91% |
| 2025-03-17 | 225.91% |
| 2025-03-13 | 225.93% |
| 2025-03-11 | 225.91% |
| 2025-03-07 | 225.93% |
| 2025-03-05 | 225.90% |
| 2025-03-03 | 225.91% |
| 2025-02-27 | 225.91% |
| 2025-02-25 | 225.91% |
| 2025-02-21 | 44.12% |
| 2025-02-19 | 44.12% |
| 2025-02-14 | 44.14% |
| 2025-02-12 | 44.14% |
| 2025-02-10 | 44.14% |
| 2025-02-06 | 44.13% |
| 2025-02-04 | 44.13% |
| 2025-01-31 | 44.11% |
| 2025-01-29 | 44.14% |
| 2025-01-27 | 44.11% |
| 2025-01-23 | 44.11% |
| 2025-01-21 | 44.14% |
| 2025-01-16 | 44.11% |
| 2025-01-14 | 44.12% |
| 2025-01-10 | 44.13% |
| 2025-01-07 | 44.14% |
| 2025-01-03 | 44.12% |
| 2024-12-31 | 44.14% |
| 2024-12-27 | 32.45% |
| 2024-12-24 | 49.32% |
| 2024-12-20 | 49.33% |
| 2024-12-18 | 49.32% |
| 2024-12-16 | 49.33% |
| 2024-12-12 | 49.32% |
| 2024-12-10 | 49.33% |
| 2024-12-06 | 49.33% |
| 2024-12-04 | 49.32% |
| 2024-12-02 | 49.33% |
| 2024-11-27 | 49.31% |
| 2024-11-25 | 49.33% |
| 2024-11-21 | 49.31% |
| 2024-11-19 | 49.33% |
| 2024-11-15 | 49.32% |
| 2024-11-13 | 49.32% |
| 2024-11-11 | 45.57% |
| 2024-11-07 | 45.56% |
| 2024-11-05 | 45.56% |
| 2024-11-01 | 45.58% |
| 2024-10-30 | 45.57% |
| 2024-10-28 | 45.59% |
| 2024-10-24 | 45.59% |
| 2024-10-22 | 45.59% |
| 2024-10-18 | 45.58% |
| 2024-10-16 | 45.56% |
| 2024-10-14 | 45.56% |
| 2024-10-10 | 45.58% |
| 2024-10-08 | 45.56% |
| 2024-10-04 | 45.59% |
| 2024-10-02 | 45.56% |
| 2024-09-30 | 45.59% |
| 2024-09-26 | 43.18% |
| 2024-09-24 | 43.16% |
| 2024-09-20 | 43.17% |
| 2024-09-18 | 43.19% |
| 2024-09-16 | 43.19% |
| 2024-09-12 | 43.17% |
| 2024-09-10 | 43.16% |
| 2024-09-06 | 43.17% |
| 2024-09-04 | 43.16% |
| 2024-08-30 | 43.18% |
| 2024-08-28 | 43.19% |
| 2024-08-26 | 43.17% |
| 2024-08-22 | 43.19% |
| 2024-08-20 | 43.18% |
| 2024-08-16 | 43.17% |
| 2024-08-14 | 43.19% |
| 2024-08-12 | 43.19% |
| 2024-08-08 | 43.19% |
Showing the most recent 260 of 1,692 data points. The chart above shows the full history.
| $0.05 |
| N/A (Loss) |
| 2019-12-31 | $0.54 | $0.15 | 27.8% |
| 2018-12-31 | $1.11 | $0.69 | 62.2% |
| 2017-12-31 | $0.59 | $0.73 | 123.7% |
| 2016-12-31 | $0.55 | $0.68 | 123.6% |
| 2015-12-31 | $1.62 | $1.41 | 87.0% |
| 2014-12-31 | $0.37 | $0.51 | 137.8% |
| 2013-12-31 | $0.29 | $0.10 | 34.5% |
| 2012-12-31 | $0.14 | $0.00 | 0.0% |
| 2011-12-31 | $0.45 | $0.00 | 0.0% |
| 2010-12-31 | $0.18 | $0.00 | 0.0% |
| 2009-12-31 | ($3.86) | $0.00 | N/A (Loss) |
| 2008-12-31 | $0.92 | $2.20 | 239.1% |
| 2007-12-31 | $1.75 | $1.31 | 74.9% |
| 2006-12-31 | $0.59 | $1.22 | 206.8% |
| 2005-12-31 | $0.47 | $1.16 | 245.7% |
| 2004-12-31 | ($1.09) | $0.28 | N/A (Loss) |
