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 61.62% is 24% below its 5-year average of 80.82%, near the low end of its 5-year range (57.12%–181.97%).
As of Sunday, July 26, 2026. 8.22% below its 12-month average of 67.14%.
Dividend Payout Ratio (61.62%) = TTM Dividends/Share ($1.80) / TTM EPS ($2.92)
DIVIDEND PAYOUT RATIO
61.62%
DIVIDEND PAYOUT RATIO AVG TTM
67.14%
DIVIDEND PAYOUT RATIO AVG 3Y
66.01%
DIVIDEND PAYOUT RATIO AVG 5Y
68.40%
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
-8.22%
CURRENT VS 3Y AVG
-6.66%
CURRENT VS 5Y AVG
-9.92%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $2.61 | $1.76 | 67.6% |
| 2024 | $2.56 | $1.69 | 66.2% |
| 2023 | $2.48 | $1.61 | 64.9% |
| 2022 | $1.27 | $1.50 | 118.1% |
| 2021 | $1.80 | $1.38 | 76.7% |
| 2020 | $1.76 | $1.26 |
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 |
|---|---|
| 2026-07-24 | 61.62% |
| 2026-07-23 | 61.62% |
| 2026-07-22 | 61.63% |
| 2026-07-21 | 61.63% |
| 2026-07-20 | 61.63% |
| 2026-07-17 | 61.63% |
| 2026-07-16 | 61.66% |
| 2026-07-15 | 61.64% |
| 2026-07-14 | 61.64% |
| 2026-07-13 | 61.64% |
| 2026-07-10 | 61.66% |
| 2026-07-09 | 61.64% |
| 2026-07-08 | 61.61% |
| 2026-07-07 | 61.66% |
| 2026-07-06 | 61.62% |
| 2026-07-02 | 61.63% |
| 2026-07-01 | 61.67% |
| 2026-06-30 | 61.63% |
| 2026-06-29 | 61.66% |
| 2026-06-26 | 61.65% |
| 2026-06-25 | 61.67% |
| 2026-06-24 | 61.64% |
| 2026-06-23 | 61.67% |
| 2026-06-22 | 61.61% |
| 2026-06-18 | 61.64% |
| 2026-06-17 | 61.08% |
| 2026-06-16 | 61.03% |
| 2026-06-15 | 61.07% |
| 2026-06-12 | 61.06% |
| 2026-06-11 | 61.05% |
| 2026-06-10 | 61.05% |
| 2026-06-09 | 61.07% |
| 2026-06-08 | 61.02% |
| 2026-06-05 | 61.04% |
| 2026-06-04 | 61.05% |
| 2026-06-03 | 61.03% |
| 2026-06-02 | 61.03% |
| 2026-06-01 | 61.04% |
| 2026-05-29 | 61.02% |
| 2026-05-28 | 61.03% |
| 2026-05-27 | 61.01% |
| 2026-05-26 | 61.04% |
| 2026-05-22 | 61.04% |
| 2026-05-21 | 61.06% |
| 2026-05-20 | 61.07% |
| 2026-05-19 | 61.07% |
| 2026-05-18 | 61.04% |
| 2026-05-15 | 61.01% |
| 2026-05-14 | 61.06% |
| 2026-05-13 | 61.04% |
| 2026-05-12 | 61.06% |
| 2026-05-11 | 61.02% |
| 2026-05-08 | 61.06% |
| 2026-05-07 | 61.05% |
| 2026-05-06 | 61.03% |
| 2026-05-05 | 61.04% |
| 2026-05-04 | 61.05% |
| 2026-05-01 | 61.06% |
| 2026-04-30 | 61.04% |
| 2026-04-29 | 61.02% |
| 2026-04-28 | 68.31% |
| 2026-04-27 | 68.32% |
| 2026-04-24 | 68.30% |
| 2026-04-23 | 68.27% |
| 2026-04-22 | 68.27% |
| 2026-04-21 | 68.30% |
| 2026-04-20 | 68.31% |
| 2026-04-17 | 68.26% |
| 2026-04-16 | 68.29% |
| 2026-04-15 | 68.31% |
| 2026-04-14 | 68.32% |
| 2026-04-13 | 68.27% |
| 2026-04-10 | 68.29% |
| 2026-04-09 | 68.29% |
| 2026-04-08 | 68.27% |
| 2026-04-07 | 68.28% |
| 2026-04-06 | 68.31% |
| 2026-04-02 | 68.31% |
| 2026-04-01 | 68.29% |
| 2026-03-31 | 68.31% |
| 2026-03-30 | 68.31% |
| 2026-03-27 | 68.33% |
| 2026-03-26 | 68.32% |
| 2026-03-25 | 68.28% |
| 2026-03-24 | 68.30% |
| 2026-03-23 | 68.27% |
| 2026-03-20 | 68.30% |
| 2026-03-19 | 84.86% |
| 2026-03-18 | 67.65% |
| 2026-03-17 | 67.65% |
| 2026-03-16 | 67.65% |
| 2026-03-13 | 67.63% |
| 2026-03-12 | 67.63% |
| 2026-03-11 | 67.63% |
| 2026-03-10 | 67.63% |
| 2026-03-09 | 67.61% |
| 2026-03-06 | 67.64% |
| 2026-03-05 | 67.65% |
| 2026-03-04 | 67.61% |
| 2026-03-03 | 67.62% |
| 2026-03-02 | 67.61% |
| 2026-02-27 | 67.60% |
| 2026-02-26 | 67.62% |
| 2026-02-25 | 67.65% |
| 2026-02-24 | 67.38% |
| 2026-02-23 | 67.34% |
| 2026-02-20 | 67.34% |
| 2026-02-19 | 67.36% |
| 2026-02-18 | 67.35% |
| 2026-02-17 | 67.38% |
| 2026-02-13 | 67.35% |
| 2026-02-12 | 67.36% |
| 2026-02-11 | 67.34% |
| 2026-02-10 | 67.34% |
| 2026-02-09 | 67.36% |
| 2026-02-06 | 67.38% |
| 2026-02-05 | 67.37% |
| 2026-02-04 | 67.36% |
| 2026-02-03 | 67.39% |
| 2026-02-02 | 67.38% |
| 2026-01-30 | 67.38% |
| 2026-01-29 | 67.37% |
| 2026-01-28 | 67.40% |
| 2026-01-27 | 67.38% |
| 2026-01-26 | 67.36% |
| 2026-01-23 | 67.35% |
| 2026-01-22 | 67.37% |
| 2026-01-21 | 67.38% |
| 2026-01-20 | 67.37% |
| 2026-01-16 | 67.36% |
| 2026-01-15 | 67.38% |
| 2026-01-14 | 67.34% |
| 2026-01-13 | 67.34% |
| 2026-01-12 | 67.40% |
| 2026-01-09 | 67.40% |
| 2026-01-08 | 67.34% |
| 2026-01-07 | 67.37% |
| 2026-01-06 | 67.37% |
| 2026-01-05 | 67.39% |
| 2026-01-02 | 67.34% |
| 2025-12-31 | 67.35% |
| 2025-12-30 | 67.39% |
| 2025-12-29 | 67.36% |
| 2025-12-26 | 67.39% |
| 2025-12-24 | 67.36% |
| 2025-12-23 | 67.40% |
| 2025-12-22 | 67.34% |
| 2025-12-19 | 67.35% |
| 2025-12-18 | 67.40% |
| 2025-12-17 | 67.39% |
| 2025-12-16 | 66.73% |
| 2025-12-15 | 66.72% |
| 2025-12-12 | 66.70% |
| 2025-12-11 | 66.68% |
| 2025-12-10 | 66.73% |
| 2025-12-09 | 66.73% |
| 2025-12-08 | 66.72% |
| 2025-12-05 | 66.67% |
| 2025-12-04 | 66.72% |
| 2025-12-03 | 66.69% |
| 2025-12-02 | 66.71% |
| 2025-12-01 | 66.68% |
| 2025-11-28 | 66.70% |
| 2025-11-26 | 66.68% |
| 2025-11-25 | 66.68% |
| 2025-11-24 | 66.69% |
| 2025-11-21 | 66.70% |
| 2025-11-20 | 66.68% |
| 2025-11-19 | 66.72% |
| 2025-11-18 | 66.72% |
| 2025-11-17 | 66.70% |
| 2025-11-14 | 66.71% |
| 2025-11-13 | 66.69% |
| 2025-11-12 | 66.69% |
| 2025-11-11 | 66.69% |
| 2025-11-10 | 66.67% |
| 2025-11-07 | 66.70% |
| 2025-11-06 | 66.72% |
| 2025-11-05 | 66.73% |
| 2025-11-04 | 66.72% |
| 2025-11-03 | 66.67% |
| 2025-10-31 | 66.72% |
| 2025-10-30 | 66.72% |
| 2025-10-29 | 66.96% |
| 2025-10-28 | 66.94% |
| 2025-10-27 | 66.98% |
| 2025-10-24 | 66.95% |
| 2025-10-23 | 66.96% |
| 2025-10-22 | 66.95% |
| 2025-10-21 | 66.95% |
| 2025-10-20 | 66.97% |
| 2025-10-17 | 66.93% |
| 2025-10-16 | 66.93% |
| 2025-10-15 | 66.96% |
| 2025-10-14 | 66.94% |
| 2025-10-13 | 66.94% |
| 2025-10-10 | 66.94% |
| 2025-10-09 | 66.96% |
| 2025-10-08 | 66.94% |
| 2025-10-07 | 66.97% |
| 2025-10-06 | 66.94% |
| 2025-10-03 | 66.94% |
| 2025-10-02 | 66.97% |
| 2025-10-01 | 66.96% |
| 2025-09-30 | 66.93% |
| 2025-09-29 | 66.98% |
| 2025-09-26 | 66.95% |
| 2025-09-25 | 66.98% |
| 2025-09-24 | 66.96% |
| 2025-09-23 | 66.93% |
| 2025-09-22 | 66.94% |
| 2025-09-19 | 66.96% |
| 2025-09-18 | 66.97% |
| 2025-09-17 | 66.28% |
| 2025-09-16 | 66.31% |
| 2025-09-15 | 66.26% |
| 2025-09-12 | 66.26% |
| 2025-09-11 | 66.28% |
| 2025-09-10 | 66.30% |
| 2025-09-09 | 66.29% |
| 2025-09-08 | 66.27% |
| 2025-09-05 | 66.27% |
| 2025-09-04 | 66.31% |
| 2025-09-03 | 66.30% |
| 2025-09-02 | 66.26% |
| 2025-08-29 | 66.27% |
| 2025-08-28 | 66.29% |
| 2025-08-27 | 66.28% |
| 2025-08-26 | 66.30% |
| 2025-08-25 | 66.31% |
| 2025-08-22 | 66.30% |
| 2025-08-21 | 66.29% |
| 2025-08-20 | 66.27% |
| 2025-08-19 | 66.28% |
| 2025-08-18 | 66.30% |
| 2025-08-15 | 66.27% |
| 2025-08-14 | 66.26% |
| 2025-08-13 | 66.26% |
| 2025-08-12 | 66.26% |
| 2025-08-11 | 66.26% |
| 2025-08-08 | 66.31% |
| 2025-08-07 | 66.30% |
| 2025-08-06 | 66.30% |
| 2025-08-05 | 66.27% |
| 2025-08-04 | 66.28% |
| 2025-08-01 | 66.31% |
| 2025-07-31 | 66.28% |
| 2025-07-30 | 66.26% |
| 2025-07-29 | 69.21% |
| 2025-07-28 | 69.22% |
| 2025-07-25 | 69.19% |
| 2025-07-24 | 69.18% |
| 2025-07-23 | 69.18% |
| 2025-07-22 | 69.20% |
| 2025-07-21 | 69.20% |
| 2025-07-18 | 69.20% |
| 2025-07-17 | 69.22% |
| 2025-07-16 | 69.19% |
| 2025-07-15 | 69.19% |
| 2025-07-14 | 69.20% |
Showing the most recent 260 of 2,092 data points. The chart above shows the full history.
| 71.3% |
| 2019 | $1.25 | $1.17 | 93.6% |
| 2018 | $1.43 | $1.00 | 69.8% |
| 2017 | $0.13 | $0.00 | 0.0% |
| 2016 | $0.01 | $0.00 | 0.0% |
| 2015 | $0.00 | $0.00 | N/A (Loss) |
| 2014 | $0.00 | $0.00 | N/A (Loss) |
