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 29.26% is 88% above its 2-year average of 15.55%, near the high end of its 2-year range (0.00%–33.58%).
As of Wednesday, December 31, 2025. 6.30% below its 12-month average of 31.22%.
Dividend Payout Ratio (29.26%) = TTM Dividends/Share ($0.50) / TTM EPS ($1.71)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2025-12-31.
DIVIDEND PAYOUT RATIO
29.26%
DIVIDEND PAYOUT RATIO AVG TTM
31.22%
DIVIDEND PAYOUT RATIO AVG 3Y
15.55%
DIVIDEND PAYOUT RATIO AVG 5Y
15.55%
DIVIDEND PAYOUT RATIO AVG 10Y
31.73%
DIVIDEND PAYOUT RATIO AVG 15Y
12.90%
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-6.30%
CURRENT VS 3Y AVG
+88.14%
CURRENT VS 5Y AVG
+88.14%
CURRENT VS 10Y AVG
-7.81%
CURRENT VS 15Y AVG
+126.72%
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $2.20 | $0.50 | 22.7% |
| 2024-12-31 | $1.58 | $0.00 | 0.0% |
| 2023-12-31 | $7.11 | $0.00 | 0.0% |
| 2022-12-31 | ($10.87) | $0.06 | N/A (Loss) |
| 2021-12-31 | ($1.35) | $0.24 | N/A (Loss) |
| 2020-12-31 | ($2.25) |
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 |
|---|---|
| 2025-12-31 | 29.26% |
| 2025-12-30 | 29.26% |
| 2025-12-29 | 29.25% |
| 2025-12-26 | 29.23% |
| 2025-12-24 | 29.26% |
| 2025-12-23 | 29.23% |
| 2025-12-22 | 29.23% |
| 2025-12-19 | 29.24% |
| 2025-12-18 | 29.24% |
| 2025-12-17 | 29.23% |
| 2025-12-16 | 29.23% |
| 2025-12-15 | 29.25% |
| 2025-12-12 | 29.24% |
| 2025-12-11 | 29.25% |
| 2025-12-10 | 29.25% |
| 2025-12-09 | 29.25% |
| 2025-12-08 | 29.24% |
| 2025-12-05 | 29.23% |
| 2025-12-04 | 29.22% |
| 2025-12-03 | 29.23% |
| 2025-12-02 | 29.26% |
| 2025-12-01 | 29.25% |
| 2025-11-28 | 29.25% |
| 2025-11-26 | 29.25% |
| 2025-11-25 | 29.25% |
| 2025-11-24 | 29.24% |
| 2025-11-21 | 29.23% |
| 2025-11-20 | 29.25% |
| 2025-11-19 | 29.25% |
| 2025-11-18 | 29.25% |
| 2025-11-17 | 29.25% |
| 2025-11-14 | 29.24% |
| 2025-11-13 | 29.25% |
| 2025-11-12 | 29.24% |
| 2025-11-11 | 29.24% |
| 2025-11-10 | 29.24% |
| 2025-11-07 | 29.24% |
| 2025-11-06 | 30.68% |
| 2025-11-05 | 30.69% |
| 2025-11-04 | 30.68% |
| 2025-11-03 | 30.66% |
| 2025-10-31 | 30.66% |
| 2025-10-30 | 30.69% |
| 2025-10-29 | 30.69% |
| 2025-10-28 | 30.65% |
| 2025-10-27 | 30.68% |
| 2025-10-24 | 30.66% |
| 2025-10-23 | 30.67% |
| 2025-10-22 | 30.68% |
| 2025-10-21 | 30.69% |
| 2025-10-20 | 30.68% |
| 2025-10-17 | 30.66% |
| 2025-10-16 | 30.69% |
| 2025-10-15 | 30.67% |
| 2025-10-14 | 30.69% |
| 2025-10-13 | 30.69% |
| 2025-10-10 | 30.67% |
| 2025-10-09 | 30.66% |
| 2025-10-08 | 30.69% |
| 2025-10-07 | 30.68% |
| 2025-10-06 | 30.68% |
| 2025-10-03 | 30.66% |
| 2025-10-02 | 30.67% |
| 2025-10-01 | 30.67% |
| 2025-09-30 | 30.68% |
| 2025-09-29 | 30.68% |
| 2025-09-26 | 30.66% |
| 2025-09-25 | 30.65% |
| 2025-09-24 | 30.66% |
| 2025-09-23 | 30.69% |
| 2025-09-22 | 30.67% |
| 2025-09-19 | 30.67% |
| 2025-09-18 | 30.66% |
| 2025-09-17 | 30.68% |
| 2025-09-16 | 30.69% |
| 2025-09-15 | 30.67% |
| 2025-09-12 | 30.69% |
| 2025-09-11 | 30.70% |
| 2025-09-10 | 30.66% |
| 2025-09-09 | 30.70% |
| 2025-09-08 | 30.66% |
| 2025-09-05 | 30.69% |
| 2025-09-04 | 30.66% |
| 2025-09-03 | 30.69% |
| 2025-09-02 | 30.67% |
| 2025-08-29 | 30.68% |
| 2025-08-28 | 30.68% |
| 2025-08-27 | 30.65% |
| 2025-08-26 | 30.70% |
| 2025-08-25 | 30.67% |
| 2025-08-22 | 30.68% |
| 2025-08-21 | 30.69% |
| 2025-08-20 | 30.69% |
| 2025-08-19 | 30.66% |
| 2025-08-18 | 30.68% |
| 2025-08-15 | 30.68% |
| 2025-08-14 | 30.67% |
| 2025-08-13 | 30.65% |
| 2025-08-12 | 30.68% |
| 2025-08-11 | 33.57% |
| 2025-08-08 | 33.54% |
| 2025-08-07 | 33.57% |
| 2025-08-06 | 33.55% |
| 2025-08-05 | 33.58% |
| 2025-08-04 | 33.54% |
| 2025-08-01 | 33.56% |
| 2025-07-31 | 33.57% |
| 2025-07-30 | 33.57% |
| 2025-07-29 | 33.56% |
| 2025-07-28 | 33.54% |
| 2025-07-25 | 33.54% |
| 2025-07-24 | 33.54% |
| 2025-07-23 | 33.55% |
| 2025-07-22 | 33.56% |
| 2025-07-21 | 33.54% |
| 2025-07-18 | 33.56% |
| 2025-07-17 | 33.58% |
| 2025-07-16 | 33.58% |
| 2025-07-15 | 33.55% |
| 2025-07-14 | 33.58% |
| 2025-07-11 | 33.57% |
| 2025-07-10 | 33.56% |
| 2025-07-09 | 33.55% |
| 2025-07-08 | 33.56% |
| 2025-07-07 | 33.55% |
| 2025-07-03 | 33.56% |
| 2025-07-02 | 33.58% |
| 2025-07-01 | 33.55% |
| 2025-06-30 | 33.54% |
| 2025-06-27 | 33.54% |
| 2025-06-26 | 33.57% |
| 2025-06-25 | 33.57% |
| 2025-06-24 | 33.57% |
| 2025-06-23 | 33.56% |
| 2025-06-20 | 33.54% |
| 2025-06-18 | 33.58% |
| 2025-06-17 | 33.57% |
| 2025-06-16 | 33.54% |
| 2025-06-13 | 33.56% |
| 2025-06-12 | 33.57% |
| 2025-06-11 | 33.54% |
| 2025-06-10 | 33.57% |
| 2025-06-09 | 33.56% |
| 2025-06-06 | 33.56% |
| 2025-06-05 | 33.58% |
| 2025-06-04 | 33.57% |
| 2025-06-03 | 33.57% |
| 2025-06-02 | 33.55% |
| 2025-05-30 | 33.56% |
| 2025-05-29 | 33.58% |
| 2025-05-28 | 33.55% |
| 2025-05-27 | 33.55% |
| 2025-05-23 | 33.55% |
| 2025-05-22 | 33.55% |
| 2025-05-21 | 33.54% |
| 2025-05-20 | 33.54% |
| 2025-05-19 | 33.54% |
| 2025-05-16 | 33.54% |
| 2025-05-15 | 33.55% |
| 2025-05-14 | 33.56% |
| 2025-05-13 | 33.57% |
| 2025-05-12 | 32.48% |
| 2025-05-09 | 32.48% |
| 2025-05-08 | 32.47% |
| 2025-05-07 | 32.46% |
| 2025-05-06 | 32.45% |
| 2025-05-05 | 32.48% |
| 2025-05-02 | 32.46% |
| 2025-05-01 | 32.48% |
| 2025-04-30 | 32.46% |
| 2025-04-29 | 32.48% |
| 2025-04-28 | 32.45% |
| 2025-04-25 | 32.47% |
| 2025-04-24 | 32.45% |
| 2025-04-23 | 32.48% |
| 2025-04-22 | 32.47% |
| 2025-04-21 | 32.46% |
| 2025-04-17 | 32.48% |
| 2025-04-16 | 32.48% |
| 2025-04-15 | 32.45% |
| 2025-04-14 | 32.48% |
| 2025-04-11 | 32.45% |
| 2025-04-10 | 32.48% |
| 2025-04-09 | 32.45% |
| 2025-04-08 | 32.45% |
| 2025-04-07 | 32.48% |
| 2025-04-04 | 32.47% |
| 2025-04-03 | 32.45% |
| 2025-04-02 | 32.48% |
| 2025-04-01 | 32.48% |
| 2025-03-31 | 32.45% |
| 2025-03-28 | 32.48% |
| 2025-03-27 | 32.46% |
| 2025-03-26 | 32.48% |
| 2025-03-25 | 32.45% |
| 2025-03-24 | 32.46% |
| 2025-03-21 | 32.48% |
| 2025-03-20 | 32.49% |
| 2025-03-19 | 32.45% |
| 2025-03-18 | 32.45% |
| 2025-03-17 | 32.46% |
| 2025-03-14 | 32.45% |
| 2025-03-13 | 32.46% |
| 2025-03-12 | 32.45% |
| 2025-03-11 | 32.47% |
| 2025-03-10 | 32.46% |
| 2025-03-07 | 32.47% |
| 2025-03-06 | 32.48% |
| 2025-03-05 | 32.47% |
| 2025-03-04 | 32.48% |
| 2025-03-03 | 32.48% |
| 2025-02-28 | 32.45% |
| 2025-02-27 | 28.57% |
| 2025-02-26 | 28.58% |
| 2025-02-25 | 28.57% |
| 2025-02-24 | 28.58% |
| 2025-02-21 | 28.58% |
| 2025-02-20 | 28.58% |
| 2025-02-19 | 28.59% |
| 2025-02-18 | 28.57% |
| 2025-02-14 | 28.58% |
| 2025-02-13 | 28.55% |
| 2025-02-12 | 28.55% |
| 2025-02-11 | 28.58% |
| 2025-02-10 | 28.56% |
| 2025-02-07 | 28.55% |
| 2025-02-06 | 28.59% |
| 2025-02-05 | 28.57% |
| 2025-02-04 | 28.57% |
| 2025-02-03 | 28.57% |
| 2025-01-31 | 28.59% |
| 2025-01-30 | 28.58% |
| 2025-01-29 | 28.58% |
| 2025-01-28 | 28.58% |
| 2025-01-27 | 28.59% |
| 2025-01-24 | 28.56% |
| 2025-01-23 | 28.57% |
| 2025-01-22 | 28.55% |
| 2025-01-21 | 28.58% |
| 2025-01-17 | 28.59% |
| 2025-01-16 | 28.58% |
| 2025-01-15 | 28.57% |
| 2025-01-14 | 28.57% |
| 2025-01-13 | 28.56% |
| 2025-01-10 | 28.57% |
| 2025-01-08 | 28.57% |
| 2025-01-07 | 28.57% |
| 2025-01-06 | 28.57% |
| 2025-01-03 | 28.58% |
| 2025-01-02 | 28.55% |
| 2024-12-31 | 0.00% |
| 2024-12-30 | 0.00% |
| 2024-12-27 | 0.00% |
| 2024-12-26 | 0.00% |
| 2024-12-24 | 0.00% |
| 2024-12-23 | 0.00% |
| 2024-12-20 | 0.00% |
| 2024-12-19 | 0.00% |
| 2024-12-18 | 0.00% |
| 2024-12-17 | 0.00% |
Showing the most recent 260 of 2,600 data points. The chart above shows the full history.
| $0.24 |
| N/A (Loss) |
| 2019-12-31 | ($0.70) | $0.24 | N/A (Loss) |
| 2018-12-31 | $0.01 | $0.24 | N/A |
| 2017-12-31 | $0.27 | $0.24 | 88.9% |
| 2016-12-31 | $0.27 | $0.23 | 85.2% |
| 2015-12-31 | $1.29 | $0.20 | 15.5% |
| 2014-12-31 | $2.06 | $0.16 | 7.8% |
| 2013-12-31 | $1.26 | $0.12 | 9.5% |
| 2012-12-31 | $0.91 | $0.08 | 8.8% |
| 2011-12-31 | $0.77 | $0.05 | 6.5% |
| 2010-12-31 | ($0.09) | $0.05 | N/A (Loss) |
| 2009-12-31 | $0.38 | $0.15 | 39.5% |
