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 788.11% is 449% above its 5-year average of 143.55%, near the high end of its 5-year range (88.27%–788.15%).
As of Thursday, July 20, 2023. 0.00% below its 12-month average of 788.12%.
Dividend Payout Ratio (788.11%) = TTM Dividends/Share ($3.05) / TTM EPS ($0.39)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2023-07-20.
DIVIDEND PAYOUT RATIO
788.11%
DIVIDEND PAYOUT RATIO AVG TTM
788.12%
DIVIDEND PAYOUT RATIO AVG 3Y
788.12%
DIVIDEND PAYOUT RATIO AVG 5Y
143.55%
DIVIDEND PAYOUT RATIO AVG 10Y
170.49%
DIVIDEND PAYOUT RATIO AVG 15Y
160.52%
DIVIDEND PAYOUT RATIO AVG 20Y
159.64%
CURRENT VS TTM AVG
-0.00%
CURRENT VS 3Y AVG
-0.00%
CURRENT VS 5Y AVG
+449.02%
CURRENT VS 10Y AVG
+362.25%
CURRENT VS 15Y AVG
+390.99%
CURRENT VS 20Y AVG
+393.68%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($6.10) | $0.20 | N/A (Loss) |
| 2024-12-31 | ($8.35) | $3.05 | N/A (Loss) |
| 2023-12-31 | ($1.00) | $4.00 | N/A (Loss) |
| 2022-12-31 | ($4.10) | $1.15 | N/A (Loss) |
| 2021-12-31 | ($16.50) | $0.20 | N/A (Loss) |
| 2020-12-31 | ($9.15) |
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 |
|---|---|
| 2023-07-20 | 788.11% |
| 2023-07-18 | 788.15% |
| 2023-07-14 | 788.09% |
| 2023-07-12 | 788.14% |
| 2023-07-10 | 788.13% |
| 2023-07-06 | 788.15% |
| 2023-07-03 | 788.14% |
| 2023-06-29 | 788.09% |
| 2023-06-27 | 788.11% |
| 2023-06-23 | 788.13% |
| 2023-06-21 | 788.11% |
| 2023-06-16 | 788.09% |
| 2023-06-14 | 788.11% |
| 2023-06-12 | 788.13% |
| 2023-06-08 | 788.12% |
| 2023-06-06 | 788.14% |
| 2023-06-02 | 788.10% |
| 2023-05-31 | 788.10% |
| 2023-05-26 | 788.11% |
| 2023-05-24 | 788.14% |
| 2023-05-22 | 788.14% |
| 2023-05-18 | 788.11% |
| 2023-05-16 | 788.11% |
| 2023-05-12 | 788.09% |
| 2023-05-10 | 788.13% |
| 2020-05-08 | 103.75% |
| 2020-05-06 | 103.93% |
| 2020-05-04 | 103.77% |
| 2020-04-30 | 103.96% |
| 2020-04-28 | 103.77% |
| 2020-04-24 | 138.30% |
| 2020-04-22 | 138.30% |
| 2020-04-20 | 138.13% |
| 2020-04-16 | 137.45% |
| 2020-04-14 | 137.79% |
| 2020-04-09 | 137.57% |
| 2020-04-07 | 137.56% |
| 2020-04-03 | 137.54% |
| 2020-04-01 | 137.57% |
| 2020-03-30 | 137.56% |
| 2020-03-26 | 137.77% |
| 2020-03-24 | 137.76% |
| 2020-03-20 | 137.68% |
| 2020-03-18 | 137.78% |
| 2020-03-16 | 137.48% |
| 2020-03-12 | 137.64% |
| 2020-03-10 | 137.70% |
| 2020-03-06 | 137.66% |
| 2020-03-04 | 137.62% |
| 2020-03-02 | 137.58% |
| 2020-02-27 | 216.00% |
| 2020-02-25 | 216.00% |
| 2020-02-21 | 216.00% |
| 2020-02-19 | 216.00% |
| 2020-02-14 | 216.00% |
| 2020-02-12 | 216.00% |
| 2020-02-10 | 216.00% |
| 2020-02-06 | 216.00% |
| 2020-02-04 | 216.00% |
| 2020-01-31 | 216.00% |
| 2020-01-29 | 216.00% |
| 2020-01-27 | 216.00% |
| 2020-01-23 | 215.00% |
| 2020-01-21 | 215.00% |
| 2020-01-16 | 215.00% |
| 2020-01-14 | 215.00% |
| 2020-01-10 | 215.00% |
| 2020-01-08 | 215.00% |
| 2020-01-06 | 215.00% |
| 2020-01-02 | 215.00% |
| 2019-12-30 | 215.00% |
| 2019-12-26 | 215.00% |
| 2019-12-23 | 215.00% |
| 2019-12-19 | 215.00% |
| 2019-12-17 | 215.00% |
| 2019-12-13 | 215.00% |
| 2019-12-11 | 215.00% |
| 2019-12-09 | 215.00% |
| 2019-12-05 | 215.00% |
| 2019-12-03 | 215.00% |
| 2019-11-29 | 215.00% |
| 2019-11-26 | 215.00% |
| 2019-11-22 | 215.00% |
| 2019-11-20 | 215.00% |
| 2019-11-18 | 215.00% |
| 2019-11-14 | 215.00% |
| 2019-11-12 | 215.00% |
| 2019-11-08 | 146.26% |
| 2019-11-06 | 146.22% |
| 2019-11-04 | 146.27% |
| 2019-10-31 | 146.25% |
| 2019-10-29 | 146.28% |
| 2019-10-25 | 182.29% |
| 2019-10-23 | 145.55% |
| 2019-10-21 | 145.57% |
| 2019-10-17 | 145.56% |
| 2019-10-15 | 145.56% |
| 2019-10-11 | 145.55% |
| 2019-10-09 | 145.59% |
| 2019-10-07 | 145.57% |
| 2019-10-03 | 145.57% |
| 2019-10-01 | 145.62% |
| 2019-09-27 | 145.61% |
| 2019-09-25 | 145.56% |
| 2019-09-23 | 145.58% |
| 2019-09-19 | 145.60% |
| 2019-09-17 | 145.60% |
| 2019-09-13 | 145.58% |
| 2019-09-11 | 145.55% |
| 2019-09-09 | 145.57% |
| 2019-09-05 | 145.56% |
| 2019-09-03 | 145.59% |
| 2019-08-29 | 145.55% |
| 2019-08-27 | 145.59% |
| 2019-08-23 | 145.57% |
| 2019-08-21 | 145.56% |
| 2019-08-19 | 145.58% |
| 2019-08-15 | 145.56% |
| 2019-08-13 | 145.57% |
| 2019-08-09 | 106.43% |
| 2019-08-07 | 106.46% |
| 2019-08-05 | 106.50% |
| 2019-08-01 | 106.43% |
| 2019-07-30 | 106.48% |
| 2019-07-26 | 132.79% |
| 2019-07-24 | 105.95% |
| 2019-07-22 | 105.98% |
| 2019-07-18 | 105.94% |
| 2019-07-16 | 105.94% |
| 2019-07-12 | 105.98% |
| 2019-07-10 | 105.95% |
| 2019-07-08 | 105.99% |
| 2019-07-03 | 105.99% |
| 2019-07-01 | 105.94% |
| 2019-06-27 | 105.98% |
| 2019-06-25 | 105.98% |
| 2019-06-21 | 105.99% |
| 2019-06-19 | 106.00% |
| 2019-06-17 | 105.99% |
| 2019-06-13 | 105.94% |
| 2019-06-11 | 105.94% |
| 2019-06-07 | 105.93% |
| 2019-06-05 | 105.93% |
| 2019-06-03 | 105.97% |
| 2019-05-30 | 105.95% |
| 2019-05-28 | 106.00% |
| 2019-05-23 | 106.01% |
| 2019-05-21 | 105.93% |
| 2019-05-17 | 105.93% |
| 2019-05-15 | 105.93% |
| 2019-05-13 | 105.97% |
| 2019-05-09 | 188.49% |
| 2019-05-07 | 188.48% |
| 2019-05-03 | 188.53% |
| 2019-05-01 | 188.48% |
| 2019-04-29 | 188.47% |
| 2019-04-25 | 187.64% |
| 2019-04-23 | 187.58% |
| 2019-04-18 | 187.62% |
| 2019-04-16 | 187.61% |
| 2019-04-12 | 187.65% |
| 2019-04-10 | 187.59% |
| 2019-04-08 | 187.61% |
| 2019-04-04 | 187.61% |
| 2019-04-02 | 187.58% |
| 2019-03-29 | 187.58% |
| 2019-03-27 | 187.62% |
| 2019-03-25 | 187.64% |
| 2019-03-21 | 187.59% |
| 2019-03-19 | 187.64% |
| 2019-03-15 | 187.59% |
| 2019-03-13 | 187.58% |
| 2019-03-11 | 187.59% |
| 2019-03-07 | 187.60% |
| 2019-03-05 | 187.59% |
| 2019-03-01 | 187.63% |
| 2019-02-27 | 107.10% |
| 2019-02-25 | 107.08% |
| 2019-02-21 | 107.03% |
| 2019-02-19 | 107.08% |
| 2019-02-14 | 107.05% |
| 2019-02-12 | 107.10% |
| 2019-02-08 | 107.10% |
| 2019-02-06 | 107.08% |
| 2019-02-04 | 107.09% |
| 2019-01-31 | 107.03% |
| 2019-01-29 | 107.09% |
| 2019-01-25 | 133.33% |
| 2019-01-23 | 106.57% |
| 2019-01-18 | 106.59% |
| 2019-01-16 | 106.57% |
| 2019-01-14 | 106.56% |
| 2019-01-10 | 106.59% |
| 2019-01-08 | 106.59% |
| 2019-01-04 | 106.59% |
| 2019-01-02 | 106.58% |
| 2018-12-28 | 106.61% |
| 2018-12-26 | 106.57% |
| 2018-12-21 | 106.53% |
| 2018-12-19 | 106.57% |
| 2018-12-17 | 106.59% |
| 2018-12-13 | 106.60% |
| 2018-12-11 | 106.57% |
| 2018-12-07 | 106.55% |
| 2018-12-04 | 106.59% |
| 2018-11-30 | 106.60% |
| 2018-11-28 | 106.57% |
| 2018-11-26 | 106.54% |
| 2018-11-21 | 106.54% |
| 2018-11-19 | 106.54% |
| 2018-11-15 | 106.53% |
| 2018-11-13 | 106.54% |
| 2018-11-09 | 106.54% |
| 2018-11-07 | 106.53% |
| 2018-11-05 | 117.92% |
| 2018-11-01 | 117.85% |
| 2018-10-30 | 117.89% |
| 2018-10-26 | 117.91% |
| 2018-10-24 | 88.30% |
| 2018-10-22 | 88.27% |
| 2018-10-18 | 117.29% |
| 2018-10-16 | 117.35% |
| 2018-10-12 | 117.36% |
| 2018-10-10 | 117.29% |
| 2018-10-08 | 117.34% |
| 2018-10-04 | 117.30% |
| 2018-10-02 | 117.32% |
| 2018-09-28 | 117.31% |
| 2018-09-26 | 117.33% |
| 2018-09-24 | 117.33% |
| 2018-09-20 | 117.31% |
| 2018-09-18 | 117.31% |
| 2018-09-14 | 117.31% |
| 2018-09-12 | 117.31% |
| 2018-09-10 | 117.32% |
| 2018-09-06 | 117.33% |
| 2018-09-04 | 117.29% |
| 2018-08-30 | 117.35% |
| 2018-08-28 | 117.34% |
| 2018-08-24 | 117.29% |
| 2018-08-22 | 117.28% |
| 2018-08-20 | 117.34% |
| 2018-08-16 | 117.28% |
| 2018-08-14 | 117.28% |
| 2018-08-10 | 117.35% |
| 2018-08-08 | 133.76% |
| 2018-08-06 | 133.74% |
| 2018-08-02 | 133.76% |
| 2018-07-31 | 133.78% |
| 2018-07-27 | 133.77% |
| 2018-07-25 | 100.01% |
| 2018-07-23 | 99.98% |
| 2018-07-19 | 133.14% |
| 2018-07-17 | 133.11% |
| 2018-07-13 | 133.09% |
| 2018-07-11 | 133.13% |
| 2018-07-09 | 133.11% |
| 2018-07-05 | 133.10% |
| 2018-07-02 | 133.11% |
| 2018-06-28 | 133.09% |
Showing the most recent 260 of 1,947 data points. The chart above shows the full history.
| $2.85 |
| N/A (Loss) |
| 2019-12-31 | $7.90 | $10.75 | 136.1% |
| 2018-12-31 | $5.65 | $10.55 | 186.7% |
| 2017-12-31 | $6.20 | $10.35 | 166.9% |
| 2016-12-31 | $6.50 | $10.15 | 156.2% |
| 2015-12-31 | $4.85 | $9.87 | 203.6% |
| 2014-12-31 | $5.90 | $9.68 | 164.0% |
| 2013-12-31 | $3.65 | $9.38 | 256.9% |
| 2012-12-31 | $4.20 | $9.03 | 215.0% |
| 2011-12-31 | $6.50 | $8.93 | 137.4% |
| 2010-12-31 | ($0.35) | $8.93 | N/A (Loss) |
| 2009-12-31 | $7.55 | $3.82 | 50.6% |
| 2008-12-31 | $5.55 | $15.28 | 275.4% |
| 2007-12-31 | $16.35 | $29.89 | 182.8% |
| 2006-12-31 | $11.00 | $14.59 | 132.6% |
| 2005-12-31 | $8.75 | $10.77 | 123.1% |
| 2004-12-31 | $8.55 | $14.29 | 167.1% |
| 2003-12-31 | $17.85 | $17.86 | 100.1% |
| 2002-12-31 | $10.75 | $14.19 | 132.0% |
| 2001-12-31 | $10.60 | $13.99 | 132.0% |
| 2000-12-31 | $10.55 | $13.74 | 130.3% |
| 1999-12-31 | $10.15 | $10.22 | 100.7% |
| 1998-12-31 | $9.60 | $13.00 | 135.4% |
| 1997-12-31 | $10.75 | $12.16 | 113.1% |
| 1996-12-31 | $11.15 | $11.61 | 104.1% |
