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 50.80% is 48% above its 5-year average of 34.34%, near the low end of its 5-year range (8.49%–500.01%).
As of Friday, September 27, 2019. 77.64% above its 12-month average of 28.60%.
Dividend Payout Ratio (50.80%) = TTM Dividends/Share ($0.25) / TTM EPS ($0.49)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2019-09-27.
DIVIDEND PAYOUT RATIO
50.80%
DIVIDEND PAYOUT RATIO AVG TTM
28.60%
DIVIDEND PAYOUT RATIO AVG 3Y
34.15%
DIVIDEND PAYOUT RATIO AVG 5Y
34.34%
DIVIDEND PAYOUT RATIO AVG 10Y
40.82%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+77.64%
CURRENT VS 3Y AVG
+48.78%
CURRENT VS 5Y AVG
+47.92%
CURRENT VS 10Y AVG
+24.44%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($0.58) | $0.00 | N/A (Loss) |
| 2024-12-31 | ($1.34) | $0.00 | N/A (Loss) |
| 2023-12-31 | ($2.63) | $0.00 | N/A (Loss) |
| 2022-12-31 | $2.16 | $0.00 | 0.0% |
| 2021-12-31 | $2.17 | $0.00 | 0.0% |
| 2020-12-31 | ($3.00) |
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 |
|---|---|
| 2019-09-27 | 50.80% |
| 2019-09-25 | 50.80% |
| 2019-09-23 | 50.80% |
| 2019-09-19 | 50.81% |
| 2019-09-17 | 50.80% |
| 2019-09-13 | 50.81% |
| 2019-09-11 | 50.80% |
| 2019-09-09 | 50.81% |
| 2019-09-05 | 50.80% |
| 2019-09-03 | 50.80% |
| 2019-08-29 | 50.81% |
| 2019-08-27 | 50.80% |
| 2019-08-23 | 50.80% |
| 2019-08-21 | 50.80% |
| 2019-08-19 | 50.81% |
| 2019-08-15 | 50.80% |
| 2019-08-13 | 50.81% |
| 2019-08-09 | 50.81% |
| 2019-08-07 | 50.80% |
| 2019-08-05 | 50.80% |
| 2019-08-01 | 50.80% |
| 2019-07-30 | 50.81% |
| 2019-07-26 | 50.81% |
| 2019-07-24 | 50.80% |
| 2019-07-22 | 50.80% |
| 2019-07-18 | 50.80% |
| 2019-07-16 | 50.80% |
| 2019-07-12 | 50.80% |
| 2019-07-10 | 50.81% |
| 2019-07-08 | 50.80% |
| 2019-07-03 | 50.80% |
| 2019-07-01 | 50.81% |
| 2019-06-27 | 26.84% |
| 2019-06-25 | 26.84% |
| 2019-06-21 | 26.85% |
| 2019-06-19 | 26.84% |
| 2019-06-17 | 26.84% |
| 2019-06-13 | 26.84% |
| 2019-06-11 | 26.84% |
| 2019-06-07 | 26.84% |
| 2019-06-05 | 26.84% |
| 2019-06-03 | 26.84% |
| 2019-05-30 | 26.85% |
| 2019-05-28 | 26.84% |
| 2019-05-23 | 26.84% |
| 2019-05-21 | 26.84% |
| 2019-05-17 | 26.84% |
| 2019-05-15 | 26.84% |
| 2019-05-13 | 26.84% |
| 2019-05-09 | 26.85% |
| 2019-05-07 | 26.85% |
| 2019-05-03 | 26.84% |
| 2019-05-01 | 26.84% |
| 2019-04-29 | 26.84% |
| 2019-04-25 | 26.84% |
| 2019-04-23 | 26.84% |
| 2019-04-18 | 26.83% |
| 2019-04-16 | 26.85% |
| 2019-04-12 | 26.84% |
| 2019-04-10 | 26.85% |
| 2019-04-08 | 26.84% |
| 2019-04-04 | 26.84% |
| 2019-04-02 | 26.84% |
| 2019-03-29 | 16.99% |
| 2019-03-27 | 16.99% |
| 2019-03-25 | 16.99% |
| 2019-03-21 | 16.99% |
| 2019-03-19 | 16.99% |
| 2019-03-15 | 16.99% |
| 2019-03-13 | 17.00% |
| 2019-03-11 | 16.99% |
| 2019-03-07 | 16.99% |
| 2019-03-05 | 16.99% |
| 2019-03-01 | 16.99% |
| 2019-02-27 | 16.99% |
| 2019-02-25 | 16.99% |
| 2019-02-21 | 17.00% |
| 2019-02-19 | 17.00% |
| 2019-02-14 | 16.99% |
| 2019-02-12 | 16.98% |
| 2019-02-08 | 16.99% |
| 2019-02-06 | 16.99% |
| 2019-02-04 | 16.99% |
| 2019-01-31 | 16.99% |
| 2019-01-29 | 16.98% |
| 2019-01-25 | 16.99% |
| 2019-01-23 | 17.00% |
| 2019-01-18 | 16.99% |
| 2019-01-16 | 16.99% |
| 2019-01-14 | 16.99% |
| 2019-01-10 | 16.99% |
| 2019-01-08 | 16.99% |
| 2019-01-04 | 17.00% |
| 2019-01-02 | 16.99% |
| 2018-12-28 | 16.34% |
| 2018-12-26 | 16.33% |
| 2018-12-21 | 16.34% |
| 2018-12-19 | 16.34% |
| 2018-12-17 | 16.34% |
| 2018-12-13 | 16.34% |
| 2018-12-11 | 16.34% |
| 2018-12-07 | 16.34% |
| 2018-12-04 | 16.35% |
| 2018-11-30 | 16.34% |
| 2018-10-22 | 8.50% |
| 2018-10-18 | 8.50% |
| 2018-10-16 | 8.49% |
| 2018-10-12 | 8.49% |
| 2018-10-10 | 8.50% |
| 2018-10-08 | 8.50% |
| 2018-10-04 | 8.50% |
| 2018-10-02 | 8.50% |
| 2018-09-28 | 15.66% |
| 2018-09-26 | 15.66% |
| 2018-09-24 | 15.66% |
| 2018-09-20 | 15.66% |
| 2018-09-18 | 15.66% |
| 2018-09-14 | 15.66% |
| 2018-09-12 | 15.66% |
| 2018-09-10 | 15.66% |
| 2018-09-06 | 15.66% |
| 2018-09-04 | 15.66% |
| 2018-08-30 | 15.66% |
| 2018-08-28 | 15.66% |
| 2018-08-24 | 15.66% |
| 2018-08-22 | 15.66% |
| 2018-08-20 | 15.66% |
| 2018-08-16 | 15.66% |
| 2018-08-14 | 15.66% |
| 2018-08-10 | 15.66% |
| 2018-08-08 | 15.66% |
| 2018-08-06 | 15.66% |
| 2018-08-02 | 15.66% |
| 2018-07-31 | 15.66% |
| 2018-07-27 | 15.66% |
| 2018-07-25 | 15.66% |
| 2018-07-23 | 15.66% |
| 2018-07-19 | 15.66% |
| 2018-07-17 | 15.66% |
| 2018-07-13 | 15.66% |
| 2018-07-11 | 15.66% |
| 2018-07-09 | 15.66% |
| 2018-07-05 | 15.66% |
| 2018-07-02 | 15.67% |
| 2018-06-28 | 25.22% |
| 2018-06-26 | 25.22% |
| 2018-06-22 | 25.22% |
| 2018-06-20 | 25.22% |
| 2018-06-18 | 25.23% |
| 2018-06-14 | 25.22% |
| 2018-06-12 | 25.22% |
| 2018-06-08 | 25.23% |
| 2018-06-06 | 25.22% |
| 2018-06-04 | 25.22% |
| 2018-05-31 | 25.22% |
| 2018-05-29 | 25.22% |
| 2018-05-24 | 25.22% |
| 2018-05-22 | 25.22% |
| 2018-05-18 | 25.22% |
| 2018-05-16 | 25.22% |
| 2018-05-14 | 25.22% |
| 2018-05-10 | 25.22% |
| 2018-05-08 | 25.22% |
| 2018-05-04 | 25.23% |
| 2018-05-02 | 25.23% |
| 2018-04-30 | 25.22% |
| 2018-04-26 | 25.22% |
| 2018-04-24 | 25.22% |
| 2018-04-20 | 25.22% |
| 2018-04-18 | 25.22% |
| 2018-04-16 | 25.22% |
| 2018-04-12 | 25.22% |
| 2018-04-10 | 25.22% |
| 2018-04-06 | 25.23% |
| 2018-04-04 | 25.22% |
| 2018-04-02 | 25.23% |
| 2018-03-28 | 83.66% |
| 2018-03-26 | 83.66% |
| 2018-03-22 | 83.65% |
| 2018-03-20 | 83.66% |
| 2018-03-16 | 83.66% |
| 2018-03-14 | 83.65% |
| 2018-03-12 | 83.66% |
| 2018-03-08 | 83.65% |
| 2018-03-06 | 83.66% |
| 2018-03-02 | 83.66% |
| 2018-02-28 | 83.66% |
| 2018-02-26 | 83.66% |
| 2018-02-22 | 83.65% |
| 2018-02-20 | 83.66% |
| 2018-02-15 | 83.66% |
| 2018-02-13 | 83.65% |
| 2018-02-09 | 83.66% |
| 2018-02-07 | 83.66% |
| 2018-02-05 | 83.65% |
| 2018-02-01 | 83.65% |
| 2018-01-30 | 83.65% |
| 2018-01-26 | 83.65% |
| 2018-01-24 | 83.66% |
| 2018-01-22 | 83.65% |
| 2018-01-18 | 83.65% |
| 2018-01-16 | 83.65% |
| 2018-01-11 | 83.66% |
| 2018-01-09 | 83.65% |
| 2018-01-05 | 83.65% |
| 2018-01-03 | 83.65% |
| 2015-12-30 | 27.51% |
| 2015-12-28 | 27.52% |
| 2015-12-23 | 27.51% |
| 2015-12-21 | 27.53% |
| 2015-12-17 | 27.52% |
| 2015-12-15 | 27.50% |
| 2015-12-11 | 27.53% |
| 2015-12-09 | 27.50% |
| 2015-12-07 | 27.53% |
| 2015-12-03 | 27.52% |
| 2015-12-01 | 27.52% |
| 2015-11-27 | 27.52% |
| 2015-11-24 | 27.54% |
| 2015-11-18 | 27.52% |
| 2015-11-16 | 27.52% |
| 2015-11-12 | 27.53% |
| 2015-11-10 | 27.53% |
| 2015-11-06 | 27.53% |
| 2015-11-04 | 27.54% |
| 2015-11-02 | 27.52% |
| 2015-10-29 | 27.52% |
| 2015-10-27 | 27.51% |
| 2015-10-23 | 27.53% |
| 2015-10-21 | 27.53% |
| 2015-10-19 | 27.54% |
| 2015-10-15 | 27.52% |
| 2015-10-13 | 27.51% |
| 2015-10-09 | 27.51% |
| 2015-10-07 | 27.51% |
| 2015-10-05 | 27.53% |
| 2015-10-01 | 27.51% |
| 2015-09-29 | 28.03% |
| 2015-09-25 | 28.02% |
| 2015-09-23 | 28.03% |
| 2015-09-21 | 28.04% |
| 2015-09-17 | 28.04% |
| 2015-09-15 | 28.02% |
| 2015-09-11 | 28.05% |
| 2015-09-09 | 28.04% |
| 2015-09-04 | 28.04% |
| 2015-09-02 | 28.04% |
| 2015-08-31 | 28.03% |
| 2015-08-27 | 28.03% |
| 2015-08-25 | 28.04% |
| 2015-08-21 | 28.03% |
| 2015-08-19 | 28.03% |
| 2015-08-17 | 28.03% |
| 2015-08-13 | 28.03% |
| 2015-08-11 | 28.04% |
| 2015-08-07 | 28.04% |
| 2015-08-05 | 28.03% |
| 2015-08-03 | 28.03% |
| 2015-07-30 | 28.03% |
| 2015-07-28 | 28.03% |
Showing the most recent 260 of 1,250 data points. The chart above shows the full history.
| $0.00 |
| N/A (Loss) |
| 2019-12-31 | ($0.34) | $0.00 | N/A (Loss) |
| 2018-12-31 | $1.49 | $0.25 | 16.8% |
| 2017-12-31 | $0.15 | $0.13 | 86.7% |
| 2016-12-31 | ($0.82) | $0.00 | N/A (Loss) |
| 2015-12-31 | ($1.18) | $0.30 | N/A (Loss) |
| 2014-12-31 | $0.63 | $0.30 | 47.6% |
| 2013-12-31 | $0.25 | $0.26 | 104.0% |
| 2012-12-31 | $0.67 | $0.25 | 37.3% |
| 2011-12-31 | $0.92 | $0.25 | 27.2% |
| 2010-12-31 | $0.64 | $0.50 | 78.1% |
| 2009-12-31 | $0.03 | $0.10 | 333.3% |
| 2008-12-31 | $0.96 | $0.25 | 26.0% |
| 2007-12-31 | $1.63 | $0.15 | 9.2% |
| 2006-12-31 | $1.24 | $0.00 | 0.0% |
| 2005-12-31 | $0.84 | $0.00 | 0.0% |
| 2004-12-31 | $0.20 | $0.00 | 0.0% |
| 2003-12-31 | ($0.24) | $0.00 | N/A (Loss) |
| 2002-12-31 | ($0.81) | $0.00 | N/A (Loss) |
| 2001-12-31 | ($0.05) | $0.15 | N/A (Loss) |
| 2000-12-31 | ($0.18) | $0.20 | N/A (Loss) |
| 2000-01-01 | $0.45 | $0.20 | 44.4% |
| 1999-01-02 | $0.01 | $0.40 | N/A |
| 1998-01-03 | $0.84 | $0.37 | 44.0% |
| 1996-12-28 | $1.10 | $0.34 | 30.9% |
