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 58.18% is 73% above its 5-year average of 33.70%, around the middle of its 5-year range (3.82%–146.26%).
As of Wednesday, July 31, 2024. 841.05% above its 12-month average of 6.18%.
Dividend Payout Ratio (58.18%) = TTM Dividends/Share ($1.60) / TTM EPS ($2.75)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2024-07-31.
DIVIDEND PAYOUT RATIO
58.18%
DIVIDEND PAYOUT RATIO AVG TTM
6.18%
DIVIDEND PAYOUT RATIO AVG 3Y
40.12%
DIVIDEND PAYOUT RATIO AVG 5Y
33.70%
DIVIDEND PAYOUT RATIO AVG 10Y
41.34%
DIVIDEND PAYOUT RATIO AVG 15Y
30.44%
DIVIDEND PAYOUT RATIO AVG 20Y
32.59%
CURRENT VS TTM AVG
+841.05%
CURRENT VS 3Y AVG
+45.02%
CURRENT VS 5Y AVG
+72.62%
CURRENT VS 10Y AVG
+40.73%
CURRENT VS 15Y AVG
+91.10%
CURRENT VS 20Y AVG
+78.50%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($5.75) | $1.62 | N/A (Loss) |
| 2024-12-31 | ($11.20) | $1.61 | N/A (Loss) |
| 2023-12-31 | $13.41 | $1.60 | 11.9% |
| 2022-12-31 | $22.97 | $1.58 | 6.9% |
| 2021-12-31 | $1.07 | $1.56 | 145.8% |
| 2020-12-31 | $3.53 |
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 |
|---|---|
| 2024-07-31 | 58.18% |
| 2024-07-29 | 58.17% |
| 2024-07-25 | 58.18% |
| 2024-07-23 | 58.19% |
| 2024-07-19 | 58.19% |
| 2024-07-17 | 58.17% |
| 2024-07-15 | 58.18% |
| 2024-07-11 | 58.18% |
| 2024-07-09 | 58.19% |
| 2024-07-05 | 58.18% |
| 2024-07-02 | 58.17% |
| 2024-06-28 | 58.17% |
| 2024-06-26 | 58.19% |
| 2024-06-24 | 58.17% |
| 2024-06-20 | 58.19% |
| 2024-06-17 | 58.18% |
| 2024-06-13 | 58.19% |
| 2024-06-11 | 58.18% |
| 2024-06-07 | 58.19% |
| 2024-06-05 | 58.19% |
| 2024-06-03 | 58.18% |
| 2024-05-30 | 58.18% |
| 2024-05-28 | 58.18% |
| 2024-05-23 | 58.18% |
| 2024-05-21 | 58.18% |
| 2024-05-17 | 58.18% |
| 2024-05-15 | 58.18% |
| 2024-05-13 | 58.18% |
| 2024-05-09 | 58.18% |
| 2024-05-07 | 58.19% |
| 2024-05-03 | 58.18% |
| 2024-05-01 | 11.99% |
| 2024-04-29 | 12.00% |
| 2024-04-25 | 12.00% |
| 2024-04-23 | 11.99% |
| 2024-04-19 | 12.00% |
| 2024-04-17 | 11.99% |
| 2024-04-15 | 11.99% |
| 2024-04-11 | 12.00% |
| 2024-04-09 | 11.99% |
| 2024-04-05 | 11.99% |
| 2024-04-03 | 11.99% |
| 2024-04-01 | 11.99% |
| 2024-03-27 | 5.68% |
| 2024-03-25 | 5.68% |
| 2024-03-21 | 5.68% |
| 2024-03-19 | 5.67% |
| 2024-03-15 | 5.67% |
| 2024-03-13 | 5.67% |
| 2024-03-11 | 5.67% |
| 2024-03-07 | 5.67% |
| 2024-03-05 | 5.67% |
| 2024-03-01 | 5.67% |
| 2024-02-28 | 5.67% |
| 2024-02-26 | 5.67% |
| 2024-02-22 | 5.67% |
| 2024-02-20 | 5.67% |
| 2024-02-15 | 5.68% |
| 2024-02-13 | 5.68% |
| 2024-02-09 | 5.68% |
| 2024-02-07 | 5.67% |
| 2024-02-05 | 5.68% |
| 2024-02-01 | 5.67% |
| 2024-01-30 | 5.68% |
| 2024-01-26 | 5.67% |
| 2024-01-24 | 5.68% |
| 2024-01-22 | 5.67% |
| 2024-01-18 | 5.67% |
| 2024-01-16 | 5.68% |
| 2024-01-11 | 5.67% |
| 2024-01-09 | 5.67% |
| 2024-01-05 | 5.68% |
| 2024-01-03 | 5.67% |
| 2023-12-29 | 5.67% |
| 2023-12-27 | 5.68% |
| 2023-12-22 | 5.67% |
| 2023-12-20 | 5.67% |
| 2023-12-18 | 5.67% |
| 2023-12-14 | 7.07% |
| 2023-12-12 | 5.66% |
| 2023-12-08 | 5.66% |
| 2023-12-06 | 5.66% |
| 2023-12-04 | 5.65% |
| 2023-11-30 | 5.66% |
| 2023-11-28 | 5.65% |
| 2023-11-24 | 5.66% |
| 2023-11-21 | 5.65% |
| 2023-11-17 | 5.66% |
| 2023-11-15 | 5.66% |
| 2023-11-13 | 5.66% |
| 2023-11-09 | 5.65% |
| 2023-11-07 | 5.66% |
| 2023-11-03 | 5.66% |
| 2023-11-01 | 4.80% |
| 2023-10-30 | 4.79% |
| 2023-10-26 | 4.80% |
| 2023-10-24 | 4.80% |
| 2023-10-20 | 4.80% |
| 2023-10-18 | 4.80% |
| 2023-10-16 | 4.80% |
| 2023-10-12 | 4.80% |
| 2023-10-10 | 4.80% |
| 2023-10-06 | 4.80% |
| 2023-10-04 | 4.80% |
| 2023-10-02 | 4.80% |
| 2023-09-28 | 4.80% |
| 2023-09-26 | 4.80% |
| 2023-09-22 | 4.80% |
| 2023-09-20 | 4.80% |
| 2023-09-18 | 4.80% |
| 2023-09-14 | 5.98% |
| 2023-09-12 | 4.79% |
| 2023-09-08 | 4.78% |
| 2023-09-06 | 4.78% |
| 2023-09-01 | 4.78% |
| 2023-08-30 | 4.78% |
| 2023-08-28 | 4.79% |
| 2023-08-24 | 4.78% |
| 2023-08-22 | 4.78% |
| 2023-08-18 | 4.79% |
| 2023-08-16 | 4.78% |
| 2023-08-14 | 4.78% |
| 2023-08-10 | 4.79% |
| 2023-08-08 | 4.79% |
| 2023-08-04 | 4.78% |
| 2023-08-02 | 5.10% |
| 2023-07-31 | 5.10% |
| 2023-07-27 | 5.10% |
| 2023-07-25 | 5.10% |
| 2023-07-21 | 5.10% |
| 2023-07-19 | 5.10% |
| 2023-07-17 | 5.10% |
| 2023-07-13 | 5.10% |
| 2023-07-11 | 5.10% |
| 2023-07-07 | 5.10% |
| 2023-07-05 | 5.10% |
| 2023-06-30 | 5.10% |
| 2023-06-28 | 5.10% |
| 2023-06-26 | 5.10% |
| 2023-06-22 | 5.10% |
| 2023-06-20 | 5.10% |
| 2023-06-15 | 5.10% |
| 2023-06-13 | 3.82% |
| 2023-06-09 | 3.82% |
| 2023-06-07 | 5.08% |
| 2023-06-05 | 5.08% |
| 2023-06-01 | 5.08% |
| 2023-05-30 | 5.08% |
| 2023-05-25 | 5.08% |
| 2023-05-23 | 5.08% |
| 2023-05-19 | 5.09% |
| 2023-05-17 | 5.08% |
| 2023-05-15 | 5.08% |
| 2023-05-11 | 5.09% |
| 2023-05-09 | 5.08% |
| 2023-05-05 | 5.08% |
| 2023-05-03 | 6.95% |
| 2023-05-01 | 6.95% |
| 2023-04-27 | 6.95% |
| 2023-04-25 | 6.94% |
| 2023-04-21 | 12.01% |
| 2023-04-19 | 12.02% |
| 2023-04-17 | 12.02% |
| 2023-04-13 | 12.02% |
| 2023-04-11 | 12.01% |
| 2023-04-06 | 12.02% |
| 2023-04-04 | 12.02% |
| 2023-03-31 | 12.02% |
| 2023-03-29 | 12.02% |
| 2023-03-27 | 12.01% |
| 2023-03-23 | 12.02% |
| 2023-03-21 | 12.02% |
| 2023-03-17 | 12.02% |
| 2023-03-15 | 11.98% |
| 2023-03-13 | 11.98% |
| 2023-03-09 | 11.98% |
| 2023-03-07 | 11.98% |
| 2023-03-03 | 11.98% |
| 2023-03-01 | 11.98% |
| 2023-02-27 | 11.98% |
| 2023-02-23 | 11.98% |
| 2023-02-21 | 11.98% |
| 2023-02-16 | 11.98% |
| 2023-02-14 | 11.98% |
| 2023-02-10 | 11.98% |
| 2023-02-08 | 11.98% |
| 2023-02-06 | 11.98% |
| 2023-02-02 | 11.98% |
| 2023-01-31 | 11.98% |
| 2023-01-27 | 11.98% |
| 2023-01-25 | 11.98% |
| 2023-01-23 | 11.98% |
| 2023-01-19 | 11.98% |
| 2023-01-17 | 11.98% |
| 2023-01-12 | 11.98% |
| 2023-01-10 | 11.98% |
| 2023-01-06 | 11.98% |
| 2023-01-04 | 11.98% |
| 2022-12-30 | 11.98% |
| 2022-12-28 | 11.98% |
| 2022-12-23 | 11.98% |
| 2022-12-21 | 11.98% |
| 2022-12-19 | 11.98% |
| 2022-12-15 | 14.93% |
| 2022-12-13 | 11.94% |
| 2022-12-09 | 11.94% |
| 2022-12-07 | 11.94% |
| 2022-12-05 | 11.94% |
| 2022-12-01 | 11.94% |
| 2022-11-29 | 11.94% |
| 2022-11-25 | 11.94% |
| 2022-11-22 | 11.94% |
| 2022-11-18 | 11.94% |
| 2022-11-16 | 11.94% |
| 2022-11-14 | 11.94% |
| 2022-11-10 | 11.94% |
| 2022-11-08 | 11.94% |
| 2022-11-04 | 11.94% |
| 2022-11-02 | 70.94% |
| 2022-10-31 | 70.95% |
| 2022-10-27 | 70.94% |
| 2022-10-25 | 70.95% |
| 2022-10-21 | 70.95% |
| 2022-10-19 | 70.95% |
| 2022-10-17 | 70.95% |
| 2022-10-13 | 70.95% |
| 2022-10-11 | 70.95% |
| 2022-10-07 | 70.95% |
| 2022-10-05 | 70.94% |
| 2022-10-03 | 70.94% |
| 2022-09-29 | 70.95% |
| 2022-09-27 | 70.95% |
| 2022-09-23 | 70.94% |
| 2022-09-21 | 70.94% |
| 2022-09-19 | 70.95% |
| 2022-09-15 | 88.52% |
| 2022-09-13 | 70.72% |
| 2022-09-09 | 70.72% |
| 2022-09-07 | 70.72% |
| 2022-09-02 | 70.72% |
| 2022-08-31 | 70.72% |
| 2022-08-29 | 70.72% |
| 2022-08-25 | 70.72% |
| 2022-08-23 | 70.72% |
| 2022-08-19 | 70.72% |
| 2022-08-17 | 70.72% |
| 2022-08-15 | 70.72% |
| 2022-08-11 | 70.72% |
| 2022-08-09 | 70.72% |
| 2022-08-05 | 70.72% |
| 2022-08-03 | 65.97% |
| 2022-08-01 | 65.96% |
| 2022-07-28 | 65.96% |
| 2022-07-26 | 65.97% |
| 2022-07-22 | 65.97% |
| 2022-07-20 | 65.97% |
| 2022-07-18 | 65.96% |
| 2022-07-14 | 65.97% |
| 2022-07-12 | 65.97% |
| 2022-07-08 | 65.97% |
Showing the most recent 260 of 2,517 data points. The chart above shows the full history.
| $1.54 |
| 43.6% |
| 2019-12-31 | $5.03 | $1.47 | 29.2% |
| 2018-12-31 | $6.40 | $1.34 | 20.9% |
| 2017-12-31 | $0.49 | $1.28 | 261.2% |
| 2016-12-31 | $5.73 | $1.22 | 21.3% |
| 2015-12-31 | $3.01 | $1.16 | 38.5% |
| 2014-12-31 | $1.69 | $1.10 | 65.1% |
| 2013-12-31 | $4.93 | $0.96 | 19.5% |
| 2012-12-31 | $3.49 | $0.80 | 22.9% |
| 2011-12-31 | $4.82 | $0.67 | 13.9% |
| 2010-12-31 | $3.54 | $0.56 | 15.8% |
| 2009-12-31 | $1.95 | $0.50 | 25.6% |
| 2008-12-31 | $2.13 | $0.48 | 22.5% |
| 2007-12-31 | $2.41 | $0.42 | 17.4% |
| 2006-12-31 | $1.51 | $0.34 | 22.8% |
| 2005-12-31 | $1.24 | $0.31 | 25.0% |
| 2004-12-31 | $0.66 | $0.29 | 44.3% |
| 2003-12-31 | $0.87 | $0.28 | 32.5% |
| 2002-12-31 | $0.87 | $0.27 | 31.0% |
| 2001-12-31 | $0.75 | $0.26 | 34.7% |
| 2000-12-31 | $1.11 | $0.23 | 20.7% |
| 1999-12-31 | $0.95 | $0.20 | 21.1% |
| 1998-12-31 | $0.82 | $0.38 | 46.3% |
| 1997-12-31 | $0.73 | $0.16 | 21.9% |
| 1996-12-31 | $1.33 | $0.13 | 9.4% |