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 147.27% is 44% below its 5-year average of 265.03%, near the low end of its 5-year range (115.52%–768.04%).
As of Sunday, July 26, 2026. 16.35% below its 12-month average of 176.04%.
Dividend Payout Ratio (147.27%) = TTM Dividends/Share ($2.96) / TTM EPS ($2.01)
DIVIDEND PAYOUT RATIO
147.27%
DIVIDEND PAYOUT RATIO AVG TTM
176.04%
DIVIDEND PAYOUT RATIO AVG 3Y
186.36%
DIVIDEND PAYOUT RATIO AVG 5Y
229.49%
DIVIDEND PAYOUT RATIO AVG 10Y
181.59%
DIVIDEND PAYOUT RATIO AVG 15Y
200.33%
DIVIDEND PAYOUT RATIO AVG 20Y
196.23%
CURRENT VS TTM AVG
-16.35%
CURRENT VS 3Y AVG
-20.98%
CURRENT VS 5Y AVG
-35.83%
CURRENT VS 10Y AVG
-18.90%
CURRENT VS 15Y AVG
-26.49%
CURRENT VS 20Y AVG
-24.95%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $1.41 | $2.82 | 200.0% |
| 2024 | $1.58 | $2.56 | 162.0% |
| 2023 | $0.66 | $2.44 | 369.7% |
| 2022 | $0.31 | $2.44 | 787.1% |
| 2021 | $0.79 | $2.44 | 308.9% |
| 2020 | $2.36 | $2.70 |
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 | 147.27% |
| 2026-07-23 | 147.26% |
| 2026-07-22 | 147.26% |
| 2026-07-21 | 147.26% |
| 2026-07-20 | 147.26% |
| 2026-07-17 | 147.26% |
| 2026-07-16 | 147.26% |
| 2026-07-15 | 147.26% |
| 2026-07-14 | 147.26% |
| 2026-07-13 | 147.26% |
| 2026-07-10 | 147.27% |
| 2026-07-09 | 147.26% |
| 2026-07-08 | 147.27% |
| 2026-07-07 | 147.26% |
| 2026-07-06 | 147.27% |
| 2026-07-02 | 147.26% |
| 2026-07-01 | 147.26% |
| 2026-06-30 | 147.26% |
| 2026-06-29 | 147.27% |
| 2026-06-26 | 147.26% |
| 2026-06-25 | 147.27% |
| 2026-06-24 | 147.26% |
| 2026-06-23 | 147.26% |
| 2026-06-22 | 147.27% |
| 2026-06-18 | 147.26% |
| 2026-06-17 | 147.26% |
| 2026-06-16 | 147.27% |
| 2026-06-15 | 147.26% |
| 2026-06-12 | 147.26% |
| 2026-06-11 | 147.26% |
| 2026-06-10 | 147.26% |
| 2026-06-09 | 147.26% |
| 2026-06-08 | 147.26% |
| 2026-06-05 | 147.26% |
| 2026-06-04 | 147.27% |
| 2026-06-03 | 147.27% |
| 2026-06-02 | 147.27% |
| 2026-06-01 | 147.27% |
| 2026-05-29 | 147.26% |
| 2026-05-28 | 147.26% |
| 2026-05-27 | 147.27% |
| 2026-05-26 | 147.26% |
| 2026-05-22 | 147.27% |
| 2026-05-21 | 147.27% |
| 2026-05-20 | 147.26% |
| 2026-05-19 | 147.27% |
| 2026-05-18 | 147.27% |
| 2026-05-15 | 147.27% |
| 2026-05-14 | 147.26% |
| 2026-05-13 | 180.59% |
| 2026-05-12 | 143.78% |
| 2026-05-11 | 143.79% |
| 2026-05-08 | 143.78% |
| 2026-05-07 | 143.79% |
| 2026-05-06 | 143.79% |
| 2026-05-05 | 143.79% |
| 2026-05-04 | 143.78% |
| 2026-05-01 | 143.79% |
| 2026-04-30 | 143.78% |
| 2026-04-29 | 143.78% |
| 2026-04-28 | 207.91% |
| 2026-04-27 | 207.92% |
| 2026-04-24 | 207.91% |
| 2026-04-23 | 207.91% |
| 2026-04-22 | 207.92% |
| 2026-04-21 | 207.91% |
| 2026-04-20 | 207.91% |
| 2026-04-17 | 207.91% |
| 2026-04-16 | 207.91% |
| 2026-04-15 | 207.92% |
| 2026-04-14 | 207.91% |
| 2026-04-13 | 207.91% |
| 2026-04-10 | 207.92% |
| 2026-04-09 | 207.92% |
| 2026-04-08 | 207.92% |
| 2026-04-07 | 207.91% |
| 2026-04-06 | 207.91% |
| 2026-04-02 | 207.91% |
| 2026-04-01 | 207.91% |
| 2026-03-31 | 207.92% |
| 2026-03-30 | 207.91% |
| 2026-03-27 | 207.91% |
| 2026-03-26 | 207.92% |
| 2026-03-25 | 207.91% |
| 2026-03-24 | 207.92% |
| 2026-03-23 | 207.92% |
| 2026-03-20 | 207.91% |
| 2026-03-19 | 207.92% |
| 2026-03-18 | 207.91% |
| 2026-03-17 | 207.91% |
| 2026-03-16 | 207.92% |
| 2026-03-13 | 207.91% |
| 2026-03-12 | 207.92% |
| 2026-03-11 | 207.91% |
| 2026-03-10 | 207.92% |
| 2026-03-09 | 207.91% |
| 2026-03-06 | 207.91% |
| 2026-03-05 | 207.92% |
| 2026-03-04 | 207.91% |
| 2026-03-03 | 207.91% |
| 2026-03-02 | 207.91% |
| 2026-02-27 | 207.92% |
| 2026-02-26 | 207.91% |
| 2026-02-25 | 207.91% |
| 2026-02-24 | 202.88% |
| 2026-02-23 | 202.88% |
| 2026-02-20 | 202.88% |
| 2026-02-19 | 202.88% |
| 2026-02-18 | 202.87% |
| 2026-02-17 | 202.88% |
| 2026-02-13 | 202.88% |
| 2026-02-12 | 202.88% |
| 2026-02-11 | 195.83% |
| 2026-02-10 | 195.83% |
| 2026-02-09 | 195.83% |
| 2026-02-06 | 195.84% |
| 2026-02-05 | 195.83% |
| 2026-02-04 | 195.84% |
| 2026-02-03 | 195.84% |
| 2026-02-02 | 195.83% |
| 2026-01-30 | 195.84% |
| 2026-01-29 | 195.83% |
| 2026-01-28 | 195.84% |
| 2026-01-27 | 195.83% |
| 2026-01-26 | 195.83% |
| 2026-01-23 | 195.84% |
| 2026-01-22 | 195.83% |
| 2026-01-21 | 195.84% |
| 2026-01-20 | 195.84% |
| 2026-01-16 | 195.83% |
| 2026-01-15 | 195.83% |
| 2026-01-14 | 195.84% |
| 2026-01-13 | 195.83% |
| 2026-01-12 | 195.84% |
| 2026-01-09 | 195.83% |
| 2026-01-08 | 195.83% |
| 2026-01-07 | 195.83% |
| 2026-01-06 | 195.83% |
| 2026-01-05 | 195.83% |
| 2026-01-02 | 195.83% |
| 2025-12-31 | 195.84% |
| 2025-12-30 | 195.84% |
| 2025-12-29 | 195.83% |
| 2025-12-26 | 195.84% |
| 2025-12-24 | 195.84% |
| 2025-12-23 | 195.83% |
| 2025-12-22 | 195.84% |
| 2025-12-19 | 195.83% |
| 2025-12-18 | 195.83% |
| 2025-12-17 | 195.83% |
| 2025-12-16 | 195.83% |
| 2025-12-15 | 195.83% |
| 2025-12-12 | 195.83% |
| 2025-12-11 | 195.83% |
| 2025-12-10 | 195.84% |
| 2025-12-09 | 195.83% |
| 2025-12-08 | 195.83% |
| 2025-12-05 | 195.83% |
| 2025-12-04 | 195.84% |
| 2025-12-03 | 195.83% |
| 2025-12-02 | 195.83% |
| 2025-12-01 | 195.84% |
| 2025-11-28 | 195.84% |
| 2025-11-26 | 195.83% |
| 2025-11-25 | 195.84% |
| 2025-11-24 | 195.84% |
| 2025-11-21 | 195.83% |
| 2025-11-20 | 195.84% |
| 2025-11-19 | 195.84% |
| 2025-11-18 | 195.83% |
| 2025-11-17 | 195.83% |
| 2025-11-14 | 195.84% |
| 2025-11-13 | 195.84% |
| 2025-11-12 | 242.36% |
| 2025-11-11 | 242.36% |
| 2025-11-10 | 242.36% |
| 2025-11-07 | 190.98% |
| 2025-11-06 | 190.97% |
| 2025-11-05 | 190.97% |
| 2025-11-04 | 190.97% |
| 2025-11-03 | 190.97% |
| 2025-10-31 | 190.97% |
| 2025-10-30 | 190.97% |
| 2025-10-29 | 190.97% |
| 2025-10-28 | 190.97% |
| 2025-10-27 | 155.37% |
| 2025-10-24 | 155.37% |
| 2025-10-23 | 155.37% |
| 2025-10-22 | 155.37% |
| 2025-10-21 | 155.37% |
| 2025-10-20 | 155.37% |
| 2025-10-17 | 155.37% |
| 2025-10-16 | 155.37% |
| 2025-10-15 | 155.37% |
| 2025-10-14 | 155.36% |
| 2025-10-13 | 155.37% |
| 2025-10-10 | 155.36% |
| 2025-10-09 | 155.36% |
| 2025-10-08 | 155.37% |
| 2025-10-07 | 155.37% |
| 2025-10-06 | 155.36% |
| 2025-10-03 | 155.36% |
| 2025-10-02 | 155.36% |
| 2025-10-01 | 155.36% |
| 2025-09-30 | 155.36% |
| 2025-09-29 | 155.37% |
| 2025-09-26 | 155.36% |
| 2025-09-25 | 155.37% |
| 2025-09-24 | 155.36% |
| 2025-09-23 | 155.37% |
| 2025-09-22 | 155.37% |
| 2025-09-19 | 155.37% |
| 2025-09-18 | 155.36% |
| 2025-09-17 | 155.36% |
| 2025-09-16 | 155.37% |
| 2025-09-15 | 155.38% |
| 2025-09-12 | 155.36% |
| 2025-09-11 | 155.37% |
| 2025-09-10 | 155.37% |
| 2025-09-09 | 155.37% |
| 2025-09-08 | 155.36% |
| 2025-09-05 | 155.36% |
| 2025-09-04 | 155.36% |
| 2025-09-03 | 155.36% |
| 2025-09-02 | 155.37% |
| 2025-08-29 | 155.36% |
| 2025-08-28 | 155.37% |
| 2025-08-27 | 155.36% |
| 2025-08-26 | 155.36% |
| 2025-08-25 | 155.36% |
| 2025-08-22 | 155.37% |
| 2025-08-21 | 155.37% |
| 2025-08-20 | 155.37% |
| 2025-08-19 | 155.36% |
| 2025-08-18 | 155.37% |
| 2025-08-15 | 155.36% |
| 2025-08-14 | 155.37% |
| 2025-08-13 | 155.36% |
| 2025-08-12 | 155.36% |
| 2025-08-11 | 151.41% |
| 2025-08-08 | 151.41% |
| 2025-08-07 | 151.41% |
| 2025-08-06 | 151.42% |
| 2025-08-05 | 151.41% |
| 2025-08-04 | 151.42% |
| 2025-08-01 | 151.41% |
| 2025-07-31 | 151.41% |
| 2025-07-30 | 151.41% |
| 2025-07-29 | 151.41% |
| 2025-07-28 | 154.02% |
| 2025-07-25 | 154.02% |
| 2025-07-24 | 154.03% |
| 2025-07-23 | 154.02% |
| 2025-07-22 | 154.02% |
| 2025-07-21 | 154.03% |
| 2025-07-18 | 154.03% |
| 2025-07-17 | 154.02% |
| 2025-07-16 | 154.03% |
| 2025-07-15 | 154.02% |
| 2025-07-14 | 154.01% |
Showing the most recent 260 of 2,529 data points. The chart above shows the full history.
| 114.4% |
| 2019 | $3.07 | $3.48 | 113.4% |
| 2018 | $2.03 | $3.48 | 171.4% |
| 2017 | $1.26 | $3.48 | 276.2% |
| 2016 | $2.83 | $3.44 | 121.6% |
| 2015 | $2.35 | $3.30 | 140.4% |
| 2014 | $1.44 | $3.18 | 220.8% |
| 2013 | $0.10 | $3.06 | N/A |
| 2012 | $0.48 | $2.96 | 616.7% |
| 2011 | $0.90 | $2.83 | 315.0% |
| 2010 | $0.84 | $2.74 | 326.2% |
| 2009 | $1.50 | $2.72 | 181.3% |
| 2008 | $2.83 | $2.70 | 95.4% |
| 2007 | $1.44 | $2.28 | 158.3% |
| 2006 | $1.32 | $2.88 | 218.3% |
| 2005 | $1.16 | $2.46 | 212.1% |
| 2004 | $1.41 | $2.39 | 169.1% |
| 2003 | $1.62 | $2.34 | 144.4% |
| 2002 | $1.50 | $2.34 | 156.0% |
| 2001 | $1.54 | $2.34 | 151.9% |
| 2000 | $1.92 | $2.33 | 121.6% |
| 1999 | $2.23 | $2.27 | 101.8% |
| 1998 | $2.27 | $2.19 | 96.5% |
| 1997 | $2.15 | $2.11 | 98.1% |
| 1996 | $2.18 | $2.08 | 95.4% |
