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 75.49% is 43% above its 5-year average of 52.89%, around the middle of its 5-year range (27.47%–121.68%).
As of Tuesday, June 3, 2014. 2.53% above its 12-month average of 73.63%.
Dividend Payout Ratio (75.49%) = TTM Dividends/Share ($0.30) / TTM EPS ($0.40)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2014-06-03.
DIVIDEND PAYOUT RATIO
75.49%
DIVIDEND PAYOUT RATIO AVG TTM
73.63%
DIVIDEND PAYOUT RATIO AVG 3Y
62.35%
DIVIDEND PAYOUT RATIO AVG 5Y
52.89%
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
+2.53%
CURRENT VS 3Y AVG
+21.08%
CURRENT VS 5Y AVG
+42.73%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2026-03-31 | $28.85 | $0.00 | 0.0% |
| 2025-03-31 | ($2.23) | $0.00 | N/A (Loss) |
| 2024-03-31 | ($2.42) | $0.00 | N/A (Loss) |
| 2023-03-31 | ($4.32) | $0.00 | N/A (Loss) |
| 2022-03-31 | $3.79 | $0.00 | 0.0% |
| 2021-03-31 | ($2.53) |
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 |
|---|---|
| 2014-06-03 | 75.49% |
| 2014-05-30 | 77.46% |
| 2014-05-28 | 77.43% |
| 2014-05-23 | 77.43% |
| 2014-05-21 | 77.45% |
| 2014-05-19 | 77.44% |
| 2014-05-15 | 77.45% |
| 2014-05-13 | 77.44% |
| 2014-05-09 | 77.45% |
| 2014-05-07 | 77.45% |
| 2014-05-05 | 77.43% |
| 2014-05-01 | 77.45% |
| 2014-04-29 | 77.42% |
| 2014-04-25 | 77.45% |
| 2014-04-23 | 77.45% |
| 2014-04-21 | 77.43% |
| 2014-04-16 | 77.43% |
| 2014-04-14 | 77.43% |
| 2014-04-10 | 77.45% |
| 2014-04-08 | 77.45% |
| 2014-04-04 | 77.45% |
| 2014-04-02 | 77.42% |
| 2014-03-31 | 77.43% |
| 2014-03-27 | 77.44% |
| 2014-03-25 | 77.45% |
| 2014-03-21 | 77.45% |
| 2014-03-19 | 77.42% |
| 2014-03-17 | 77.46% |
| 2014-03-13 | 77.45% |
| 2014-03-11 | 77.44% |
| 2014-03-07 | 77.42% |
| 2014-03-05 | 77.45% |
| 2014-03-03 | 77.45% |
| 2014-02-27 | 77.45% |
| 2014-02-25 | 77.45% |
| 2014-02-21 | 77.44% |
| 2014-02-19 | 77.44% |
| 2014-02-14 | 77.43% |
| 2014-02-12 | 77.43% |
| 2014-02-10 | 68.57% |
| 2014-02-06 | 68.59% |
| 2014-02-04 | 68.59% |
| 2014-01-31 | 68.60% |
| 2014-01-29 | 68.60% |
| 2014-01-27 | 68.60% |
| 2014-01-23 | 68.60% |
| 2014-01-21 | 68.60% |
| 2014-01-16 | 68.58% |
| 2014-01-14 | 68.58% |
| 2014-01-10 | 68.60% |
| 2014-01-08 | 68.60% |
| 2014-01-06 | 68.60% |
| 2014-01-02 | 68.58% |
| 2013-12-30 | 68.60% |
| 2013-12-26 | 68.60% |
| 2013-12-23 | 68.59% |
| 2013-12-19 | 68.58% |
| 2013-12-17 | 68.58% |
| 2013-12-13 | 68.60% |
| 2013-12-11 | 68.61% |
| 2013-12-09 | 68.60% |
| 2013-12-05 | 68.60% |
| 2013-12-03 | 68.61% |
| 2013-11-29 | 68.60% |
| 2013-11-26 | 68.59% |
| 2013-11-22 | 68.57% |
| 2013-11-20 | 68.59% |
| 2013-11-18 | 68.58% |
| 2013-11-14 | 68.60% |
| 2013-11-12 | 68.59% |
| 2013-11-08 | 68.59% |
| 2013-11-06 | 79.10% |
| 2013-11-04 | 79.08% |
| 2013-10-31 | 79.08% |
| 2013-10-29 | 79.09% |
| 2013-10-25 | 79.10% |
| 2013-10-23 | 79.09% |
| 2013-10-21 | 79.09% |
| 2013-10-17 | 79.10% |
| 2013-10-15 | 79.09% |
| 2013-10-11 | 79.09% |
| 2013-10-09 | 79.11% |
| 2013-10-07 | 79.09% |
| 2013-10-03 | 79.09% |
| 2013-10-01 | 79.08% |
| 2013-09-27 | 79.11% |
| 2013-09-25 | 79.11% |
| 2013-09-23 | 79.09% |
| 2013-09-19 | 79.08% |
| 2013-09-17 | 79.09% |
| 2013-09-13 | 79.11% |
| 2013-09-11 | 79.09% |
| 2013-09-09 | 79.10% |
| 2013-09-05 | 79.08% |
| 2013-09-03 | 79.10% |
| 2013-08-29 | 79.10% |
| 2013-08-27 | 79.09% |
| 2013-08-23 | 79.08% |
| 2013-08-21 | 79.11% |
| 2013-08-19 | 79.09% |
| 2013-08-15 | 79.08% |
| 2013-08-13 | 79.12% |
| 2013-08-09 | 79.11% |
| 2013-08-07 | 66.37% |
| 2013-08-05 | 66.38% |
| 2013-08-01 | 66.41% |
| 2013-07-30 | 66.37% |
| 2013-07-26 | 66.38% |
| 2013-07-24 | 66.37% |
| 2013-07-22 | 66.38% |
| 2013-07-18 | 66.39% |
| 2013-07-16 | 66.40% |
| 2013-07-12 | 66.39% |
| 2013-07-10 | 66.37% |
| 2013-07-08 | 66.39% |
| 2013-07-03 | 66.40% |
| 2013-07-01 | 66.41% |
| 2013-06-27 | 66.38% |
| 2013-06-25 | 66.37% |
| 2013-06-21 | 66.37% |
| 2013-06-19 | 66.39% |
| 2013-06-17 | 66.40% |
| 2013-06-13 | 66.40% |
| 2013-06-11 | 66.40% |
| 2013-06-07 | 66.40% |
| 2013-06-05 | 121.68% |
| 2013-06-03 | 72.52% |
| 2013-05-30 | 72.49% |
| 2013-05-28 | 72.50% |
| 2013-05-23 | 72.50% |
| 2013-05-21 | 72.51% |
| 2013-05-17 | 72.49% |
| 2013-05-15 | 72.50% |
| 2013-05-13 | 72.50% |
| 2013-05-09 | 72.51% |
| 2013-05-07 | 72.50% |
| 2013-05-03 | 72.52% |
| 2013-05-01 | 72.51% |
| 2013-04-29 | 72.52% |
| 2013-04-25 | 72.52% |
| 2013-04-23 | 72.49% |
| 2013-04-19 | 72.50% |
| 2013-04-17 | 72.51% |
| 2013-04-15 | 72.50% |
| 2013-04-11 | 72.50% |
| 2013-04-09 | 72.49% |
| 2013-04-05 | 72.49% |
| 2013-04-03 | 72.51% |
| 2013-04-01 | 72.52% |
| 2013-03-27 | 72.51% |
| 2013-03-25 | 72.50% |
| 2013-03-21 | 72.51% |
| 2013-03-19 | 72.49% |
| 2013-03-15 | 72.51% |
| 2013-03-13 | 72.50% |
| 2013-03-11 | 72.50% |
| 2013-03-07 | 72.51% |
| 2013-03-05 | 72.50% |
| 2013-03-01 | 72.51% |
| 2013-02-27 | 72.51% |
| 2013-02-25 | 72.49% |
| 2013-02-21 | 72.49% |
| 2013-02-19 | 72.51% |
| 2013-02-14 | 72.50% |
| 2013-02-12 | 72.51% |
| 2013-02-08 | 72.51% |
| 2013-02-06 | 72.51% |
| 2013-02-04 | 72.51% |
| 2013-01-31 | 74.65% |
| 2013-01-29 | 74.66% |
| 2013-01-25 | 74.66% |
| 2013-01-23 | 74.66% |
| 2013-01-18 | 74.66% |
| 2013-01-16 | 74.66% |
| 2013-01-14 | 74.66% |
| 2013-01-10 | 74.65% |
| 2013-01-08 | 74.66% |
| 2013-01-04 | 74.69% |
| 2013-01-02 | 74.69% |
| 2012-12-28 | 74.68% |
| 2012-12-26 | 74.69% |
| 2012-12-21 | 74.69% |
| 2012-12-19 | 74.69% |
| 2012-12-17 | 74.69% |
| 2012-12-13 | 74.69% |
| 2012-12-11 | 74.68% |
| 2012-12-07 | 74.69% |
| 2012-12-05 | 74.68% |
| 2012-12-03 | 74.69% |
| 2012-11-29 | 74.69% |
| 2012-11-27 | 74.68% |
| 2012-11-23 | 74.68% |
| 2012-11-20 | 74.68% |
| 2012-11-16 | 74.68% |
| 2012-11-14 | 74.68% |
| 2012-11-12 | 74.69% |
| 2012-11-08 | 74.65% |
| 2012-11-06 | 74.69% |
| 2012-11-02 | 57.77% |
| 2012-10-31 | 57.74% |
| 2012-10-25 | 57.76% |
| 2012-10-23 | 57.75% |
| 2012-10-19 | 57.77% |
| 2012-10-17 | 57.76% |
| 2012-10-15 | 57.75% |
| 2012-10-11 | 57.74% |
| 2012-10-09 | 57.75% |
| 2012-10-05 | 57.76% |
| 2012-10-03 | 57.74% |
| 2012-10-01 | 57.74% |
| 2012-09-27 | 57.76% |
| 2012-09-25 | 57.76% |
| 2012-09-21 | 57.75% |
| 2012-09-19 | 57.75% |
| 2012-09-17 | 57.74% |
| 2012-09-13 | 57.74% |
| 2012-09-11 | 57.76% |
| 2012-09-07 | 57.73% |
| 2012-09-05 | 57.75% |
| 2012-08-31 | 57.75% |
| 2012-08-29 | 57.74% |
| 2012-08-27 | 57.77% |
| 2012-08-23 | 57.75% |
| 2012-08-21 | 57.77% |
| 2012-08-17 | 57.75% |
| 2012-08-15 | 57.77% |
| 2012-08-13 | 57.76% |
| 2012-08-09 | 57.77% |
| 2012-08-07 | 67.81% |
| 2012-08-03 | 67.83% |
| 2012-08-01 | 67.81% |
| 2012-07-30 | 67.84% |
| 2012-07-26 | 67.84% |
| 2012-07-24 | 67.83% |
| 2012-07-20 | 67.81% |
| 2012-07-18 | 67.81% |
| 2012-07-16 | 67.84% |
| 2012-07-12 | 67.84% |
| 2012-07-10 | 67.84% |
| 2012-07-06 | 67.82% |
| 2012-07-03 | 67.84% |
| 2012-06-29 | 67.84% |
| 2012-06-27 | 67.81% |
| 2012-06-25 | 67.81% |
| 2012-06-21 | 67.82% |
| 2012-06-19 | 67.83% |
| 2012-06-15 | 67.84% |
| 2012-06-13 | 67.81% |
| 2012-06-11 | 67.84% |
| 2012-06-07 | 67.82% |
| 2012-05-30 | 44.98% |
| 2012-05-25 | 44.98% |
| 2012-05-23 | 44.98% |
| 2012-05-21 | 44.99% |
| 2012-05-17 | 45.00% |
| 2012-05-15 | 44.98% |
| 2012-05-11 | 44.98% |
| 2012-05-09 | 44.98% |
| 2012-05-07 | 45.00% |
| 2012-05-03 | 44.98% |
Showing the most recent 260 of 962 data points. The chart above shows the full history.
| $0.00 |
| N/A (Loss) |
| 2020-03-31 | $1.14 | $0.00 | 0.0% |
| 2019-03-31 | $0.44 | $0.00 | 0.0% |
| 2018-03-31 | $0.74 | $0.00 | 0.0% |
| 2017-03-31 | ($1.01) | $0.00 | N/A (Loss) |
| 2016-03-31 | $1.39 | $0.00 | 0.0% |
| 2015-03-31 | $0.70 | $0.00 | 0.0% |
| 2014-03-31 | $0.41 | $0.30 | 73.2% |
| 2013-03-31 | $0.46 | $0.25 | 54.3% |
| 2012-03-31 | $0.37 | $0.25 | 67.6% |
| 2011-03-31 | $0.59 | $0.33 | 55.9% |
| 2010-03-31 | $1.03 | $0.33 | 32.0% |
| 2009-03-31 | $1.20 | $0.30 | 25.0% |
| 2008-03-31 | $0.93 | $0.25 | 26.9% |
| 2007-03-31 | $0.63 | $0.25 | 39.7% |
| 2006-03-31 | $0.51 | $0.25 | 49.0% |
| 2005-03-31 | $0.52 | $0.20 | 38.5% |
| 2004-03-31 | $0.43 | $0.00 | 0.0% |
| 2003-03-31 | ($0.30) | $0.12 | N/A (Loss) |
| 2002-03-31 | $0.31 | $0.15 | 48.4% |
| 2001-03-31 | $0.31 | $0.12 | 38.7% |
| 2000-03-31 | $0.09 | $0.01 | 15.4% |
| 1999-03-31 | $0.13 | $0.02 | 17.9% |
| 1998-03-31 | $0.43 | $0.02 | 3.9% |
| 1997-03-31 | $0.34 | $0.00 | 0.0% |
