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 22.22% is 20% below its 4-year average of 27.87%, near the low end of its 4-year range (0.91%–92.82%).
As of Tuesday, June 30, 2020. 50.71% below its 12-month average of 45.07%.
Dividend Payout Ratio (22.22%) = TTM Dividends/Share ($0.70) / TTM EPS ($3.15)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2020-06-30.
DIVIDEND PAYOUT RATIO
22.22%
DIVIDEND PAYOUT RATIO AVG TTM
45.07%
DIVIDEND PAYOUT RATIO AVG 3Y
45.07%
DIVIDEND PAYOUT RATIO AVG 5Y
27.87%
DIVIDEND PAYOUT RATIO AVG 10Y
27.87%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-50.71%
CURRENT VS 3Y AVG
-50.71%
CURRENT VS 5Y AVG
-20.28%
CURRENT VS 10Y AVG
-20.28%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($9.10) | $0.77 | N/A (Loss) |
| 2024-12-31 | $1.93 | $1.65 | 85.8% |
| 2023-12-31 | $6.60 | $1.47 | 22.3% |
| 2022-12-31 | $5.72 | $1.12 | 19.6% |
| 2021-12-31 | $5.28 | $2.73 | 51.7% |
| 2020-12-31 | $1.72 |
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 |
|---|---|
| 2020-06-30 | 22.22% |
| 2020-06-29 | 22.23% |
| 2020-06-26 | 22.22% |
| 2020-06-25 | 22.21% |
| 2020-06-24 | 22.23% |
| 2020-06-23 | 22.19% |
| 2020-06-22 | 22.20% |
| 2020-06-19 | 22.20% |
| 2020-06-18 | 22.16% |
| 2020-06-17 | 22.21% |
| 2020-06-16 | 22.20% |
| 2020-06-15 | 22.17% |
| 2020-06-12 | 22.18% |
| 2020-06-11 | 22.17% |
| 2020-06-10 | 22.17% |
| 2020-06-09 | 22.21% |
| 2020-06-08 | 22.23% |
| 2020-06-05 | 22.21% |
| 2020-06-04 | 22.18% |
| 2020-06-03 | 22.22% |
| 2020-06-02 | 22.18% |
| 2020-06-01 | 22.17% |
| 2020-05-29 | 22.17% |
| 2020-05-28 | 22.16% |
| 2020-05-27 | 22.17% |
| 2020-05-26 | 22.17% |
| 2020-05-22 | 22.16% |
| 2020-05-21 | 22.17% |
| 2020-05-20 | 22.19% |
| 2020-05-19 | 22.22% |
| 2020-05-18 | 68.33% |
| 2020-05-15 | 68.23% |
| 2020-05-14 | 68.13% |
| 2020-05-13 | 68.17% |
| 2020-05-12 | 68.12% |
| 2020-05-11 | 68.35% |
| 2020-05-08 | 68.17% |
| 2020-05-07 | 68.30% |
| 2020-05-06 | 68.11% |
| 2020-05-05 | 68.23% |
| 2020-05-04 | 68.17% |
| 2020-05-01 | 68.32% |
| 2020-04-30 | 68.22% |
| 2020-04-29 | 68.18% |
| 2020-04-28 | 68.25% |
| 2020-04-27 | 68.29% |
| 2020-04-24 | 68.31% |
| 2020-04-23 | 68.28% |
| 2020-04-22 | 68.32% |
| 2020-04-21 | 91.39% |
| 2020-04-20 | 91.52% |
| 2020-04-17 | 69.17% |
| 2020-04-16 | 69.37% |
| 2020-04-15 | 69.20% |
| 2020-04-14 | 69.30% |
| 2020-04-13 | 69.17% |
| 2020-04-09 | 69.15% |
| 2020-04-08 | 69.17% |
| 2020-04-07 | 69.34% |
| 2020-04-06 | 69.27% |
| 2020-04-03 | 69.31% |
| 2020-04-02 | 69.25% |
| 2020-04-01 | 69.15% |
| 2020-03-31 | 45.55% |
| 2020-03-30 | 45.74% |
| 2020-03-27 | 45.69% |
| 2020-03-26 | 45.76% |
| 2020-03-25 | 45.55% |
| 2020-03-24 | 45.79% |
| 2020-03-23 | 45.73% |
| 2020-03-20 | 45.73% |
| 2020-03-19 | 45.56% |
| 2020-03-18 | 45.50% |
| 2020-03-17 | 45.62% |
| 2020-03-16 | 45.56% |
| 2020-03-13 | 45.72% |
| 2020-03-12 | 45.66% |
| 2020-03-11 | 45.73% |
| 2020-03-10 | 45.65% |
| 2020-03-09 | 45.57% |
| 2020-03-06 | 45.59% |
| 2020-03-05 | 45.65% |
| 2020-03-04 | 45.68% |
| 2020-03-03 | 45.67% |
| 2020-03-02 | 45.65% |
| 2020-02-28 | 45.63% |
| 2020-02-27 | 45.58% |
| 2020-02-26 | 45.59% |
| 2020-02-25 | 45.64% |
| 2020-02-24 | 45.60% |
| 2020-02-21 | 45.67% |
| 2020-02-20 | 45.64% |
| 2020-02-19 | 45.62% |
| 2020-02-18 | 45.59% |
| 2020-02-14 | 45.58% |
| 2020-02-13 | 45.65% |
| 2020-02-12 | 45.59% |
| 2020-02-11 | 45.73% |
| 2020-02-10 | 45.73% |
| 2020-02-07 | 45.69% |
| 2020-02-06 | 45.65% |
| 2020-02-05 | 45.69% |
| 2020-02-04 | 45.62% |
| 2020-02-03 | 45.60% |
| 2020-01-31 | 45.61% |
| 2020-01-30 | 45.61% |
| 2020-01-29 | 45.68% |
| 2020-01-28 | 45.71% |
| 2020-01-27 | 45.61% |
| 2020-01-24 | 45.63% |
| 2020-01-23 | 45.72% |
| 2020-01-22 | 45.58% |
| 2020-01-21 | 45.59% |
| 2020-01-17 | 45.73% |
| 2020-01-16 | 45.59% |
| 2020-01-15 | 45.69% |
| 2020-01-14 | 45.66% |
| 2020-01-13 | 45.69% |
| 2020-01-10 | 45.67% |
| 2020-01-09 | 45.66% |
| 2020-01-08 | 45.66% |
| 2020-01-07 | 45.70% |
| 2020-01-06 | 45.63% |
| 2020-01-03 | 45.66% |
| 2020-01-02 | 45.61% |
| 2019-12-31 | 47.27% |
| 2019-12-30 | 47.27% |
| 2019-12-27 | 47.28% |
| 2019-12-26 | 47.23% |
| 2019-12-24 | 47.24% |
| 2019-12-23 | 47.23% |
| 2019-12-20 | 47.29% |
| 2019-12-19 | 47.30% |
| 2019-12-18 | 47.29% |
| 2019-12-17 | 47.29% |
| 2019-12-16 | 47.28% |
| 2019-12-13 | 47.23% |
| 2019-12-12 | 47.23% |
| 2019-12-11 | 47.23% |
| 2019-12-10 | 47.28% |
| 2019-12-09 | 47.25% |
| 2019-12-06 | 47.31% |
| 2019-12-05 | 47.27% |
| 2019-12-04 | 47.23% |
| 2019-12-03 | 47.22% |
| 2019-12-02 | 47.29% |
| 2019-11-29 | 47.22% |
| 2019-11-27 | 47.29% |
| 2019-11-26 | 47.26% |
| 2019-11-25 | 47.24% |
| 2019-11-22 | 47.21% |
| 2019-11-21 | 47.27% |
| 2019-11-20 | 47.31% |
| 2019-11-19 | 47.23% |
| 2019-11-18 | 47.30% |
| 2019-11-15 | 47.26% |
| 2019-11-14 | 47.28% |
| 2019-11-13 | 47.24% |
| 2019-11-12 | 47.31% |
| 2019-11-11 | 47.30% |
| 2019-11-08 | 47.20% |
| 2019-11-07 | 47.19% |
| 2019-11-06 | 47.30% |
| 2019-11-05 | 47.19% |
| 2019-11-04 | 47.20% |
| 2019-11-01 | 47.30% |
| 2019-10-31 | 47.32% |
| 2019-10-30 | 47.23% |
| 2019-10-29 | 47.26% |
| 2019-10-28 | 47.20% |
| 2019-10-25 | 47.23% |
| 2019-10-24 | 47.25% |
| 2019-10-23 | 47.17% |
| 2019-10-22 | 47.31% |
| 2019-10-21 | 47.17% |
| 2019-10-18 | 47.24% |
| 2019-10-17 | 47.19% |
| 2019-10-16 | 47.33% |
| 2019-10-15 | 47.28% |
| 2019-10-14 | 47.17% |
| 2019-10-11 | 47.20% |
| 2019-10-10 | 47.27% |
| 2019-10-09 | 47.33% |
| 2019-10-08 | 47.33% |
| 2019-10-07 | 47.25% |
| 2019-10-04 | 47.25% |
| 2019-10-03 | 47.24% |
| 2019-10-02 | 47.20% |
| 2019-10-01 | 47.17% |
| 2019-09-30 | 42.32% |
| 2019-09-27 | 42.35% |
| 2019-09-26 | 42.39% |
| 2019-09-25 | 42.39% |
| 2019-09-24 | 42.33% |
| 2019-09-23 | 42.37% |
| 2019-09-20 | 42.34% |
| 2019-09-19 | 42.29% |
| 2019-09-18 | 42.36% |
| 2019-09-17 | 42.36% |
| 2019-09-16 | 42.34% |
| 2019-09-13 | 42.32% |
| 2019-09-12 | 42.38% |
| 2019-09-11 | 42.40% |
| 2019-09-10 | 42.26% |
| 2019-09-09 | 42.40% |
| 2019-09-06 | 42.32% |
| 2019-09-05 | 42.35% |
| 2019-09-04 | 42.32% |
| 2019-09-03 | 42.35% |
| 2019-08-30 | 42.37% |
| 2019-08-29 | 42.30% |
| 2019-08-28 | 42.25% |
| 2019-08-27 | 42.27% |
| 2019-08-26 | 42.29% |
| 2019-08-23 | 42.33% |
| 2019-08-22 | 42.40% |
| 2019-08-21 | 42.40% |
| 2019-08-20 | 42.40% |
| 2019-08-19 | 42.37% |
| 2019-08-16 | 42.36% |
| 2019-08-15 | 42.25% |
| 2019-08-14 | 42.38% |
| 2019-08-13 | 42.27% |
| 2019-08-12 | 42.36% |
| 2019-08-09 | 42.27% |
| 2019-08-08 | 42.28% |
| 2019-08-07 | 42.28% |
| 2019-08-06 | 42.29% |
| 2019-08-05 | 42.29% |
| 2019-08-02 | 42.36% |
| 2019-08-01 | 42.33% |
| 2019-07-31 | 42.38% |
| 2019-07-30 | 42.25% |
| 2019-07-29 | 42.26% |
| 2019-07-26 | 42.39% |
| 2019-07-25 | 42.27% |
| 2019-07-24 | 42.37% |
| 2019-07-23 | 42.25% |
| 2019-07-22 | 42.39% |
| 2019-07-19 | 42.30% |
| 2019-07-18 | 42.36% |
| 2019-07-17 | 42.35% |
| 2019-07-16 | 42.29% |
| 2019-07-15 | 42.34% |
| 2019-07-12 | 42.34% |
| 2019-07-11 | 42.26% |
| 2019-07-10 | 42.39% |
| 2019-07-09 | 42.32% |
| 2019-07-08 | 42.39% |
| 2019-07-05 | 42.37% |
| 2019-07-03 | 42.35% |
| 2019-07-02 | 42.30% |
| 2019-07-01 | 42.38% |
| 2019-06-28 | 92.74% |
| 2019-06-27 | 92.77% |
| 2019-06-26 | 92.81% |
| 2019-06-25 | 92.76% |
| 2019-06-24 | 92.71% |
| 2019-06-21 | 92.68% |
| 2019-06-20 | 92.80% |
Showing the most recent 260 of 581 data points. The chart above shows the full history.
| $0.70 |
| 40.6% |
| 2019-12-31 | $1.94 | $2.18 | 112.5% |
| 2018-12-31 | $2.63 | $0.00 | 0.0% |
| 2017-12-31 | $2.73 | $0.00 | 0.0% |
| 2016-12-31 | $1.25 | $0.01 | 0.9% |
| 2015-12-31 | $0.24 | $0.00 | 0.0% |
| 2014-12-31 | $0.57 | $0.00 | 0.0% |
| 2013-12-31 | $1.02 | $0.00 | 0.0% |
| 2012-12-31 | $0.38 | $0.00 | 0.0% |
| 2011-12-31 | $1.39 | $0.00 | 0.0% |
| 2010-12-31 | $0.55 | $0.00 | 0.0% |
| 2009-12-31 | ($0.97) | $0.00 | N/A (Loss) |
| 2008-12-31 | $1.80 | $0.60 | 33.2% |
| 2007-12-31 | $2.25 | $0.20 | 8.8% |
| 2006-12-31 | $1.04 | $0.00 | 0.0% |
| 2005-12-31 | $1.48 | $0.00 | 0.0% |
| 2004-12-31 | ($2.19) | $0.00 | N/A (Loss) |
| 2003-12-31 | ($3.17) | $0.28 | N/A (Loss) |
| 2002-12-31 | ($7.33) | $0.29 | N/A (Loss) |
| 2001-12-31 | ($0.73) | $0.50 | N/A (Loss) |
| 2000-12-31 | $1.14 | $0.55 | 48.2% |