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 48.07% is 21% below its 5-year average of 60.88%, around the middle of its 5-year range (2.94%–152.05%).
As of Thursday, December 21, 2023. 61.95% above its 12-month average of 29.68%.
Dividend Payout Ratio (48.07%) = TTM Dividends/Share ($0.69) / TTM EPS ($1.43)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2023-12-21.
DIVIDEND PAYOUT RATIO
48.07%
DIVIDEND PAYOUT RATIO AVG TTM
29.68%
DIVIDEND PAYOUT RATIO AVG 3Y
20.76%
DIVIDEND PAYOUT RATIO AVG 5Y
60.88%
DIVIDEND PAYOUT RATIO AVG 10Y
75.27%
DIVIDEND PAYOUT RATIO AVG 15Y
80.62%
DIVIDEND PAYOUT RATIO AVG 20Y
74.07%
CURRENT VS TTM AVG
+61.95%
CURRENT VS 3Y AVG
+131.58%
CURRENT VS 5Y AVG
-21.04%
CURRENT VS 10Y AVG
-36.14%
CURRENT VS 15Y AVG
-40.38%
CURRENT VS 20Y AVG
-35.10%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-09-27 | ($3.18) | $0.00 | N/A (Loss) |
| 2024-09-28 | ($1.08) | $0.56 | N/A (Loss) |
| 2023-09-30 | ($1.65) | $0.63 | N/A (Loss) |
| 2022-10-01 | $2.61 | $0.25 | 9.6% |
| 2021-10-02 | $3.67 | $0.00 | 0.0% |
| 2020-10-03 | ($1.34) |
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 |
|---|---|
| 2023-12-21 | 48.07% |
| 2023-12-19 | 48.09% |
| 2023-12-15 | 48.06% |
| 2023-12-13 | 48.09% |
| 2023-12-11 | 48.06% |
| 2023-12-07 | 48.06% |
| 2023-12-05 | 48.06% |
| 2023-12-01 | 48.09% |
| 2023-11-29 | 48.06% |
| 2023-11-27 | 43.69% |
| 2023-11-22 | 43.69% |
| 2023-11-20 | 43.70% |
| 2023-11-16 | 43.69% |
| 2023-11-14 | 43.72% |
| 2023-11-10 | 43.71% |
| 2023-11-08 | 43.71% |
| 2023-11-06 | 43.71% |
| 2023-11-02 | 43.69% |
| 2023-10-31 | 43.72% |
| 2023-10-27 | 43.69% |
| 2023-10-25 | 43.71% |
| 2023-10-23 | 43.71% |
| 2023-10-19 | 43.70% |
| 2023-10-17 | 43.71% |
| 2023-10-13 | 43.71% |
| 2023-10-11 | 43.73% |
| 2023-10-09 | 43.72% |
| 2023-10-05 | 43.73% |
| 2023-10-03 | 43.69% |
| 2023-09-29 | 43.72% |
| 2023-09-27 | 43.71% |
| 2023-09-25 | 43.70% |
| 2023-09-21 | 43.69% |
| 2023-09-19 | 43.69% |
| 2023-09-15 | 43.70% |
| 2023-09-13 | 43.70% |
| 2023-09-11 | 43.69% |
| 2023-09-07 | 43.71% |
| 2023-09-05 | 43.70% |
| 2023-08-31 | 43.70% |
| 2023-08-29 | 39.33% |
| 2023-08-25 | 39.33% |
| 2023-08-23 | 39.34% |
| 2023-08-21 | 39.34% |
| 2023-08-17 | 39.34% |
| 2023-08-15 | 27.99% |
| 2023-08-11 | 28.00% |
| 2023-08-09 | 27.98% |
| 2023-08-07 | 28.00% |
| 2023-08-03 | 27.99% |
| 2023-08-01 | 27.98% |
| 2023-07-28 | 27.99% |
| 2023-07-26 | 27.97% |
| 2023-07-24 | 27.99% |
| 2023-07-20 | 27.97% |
| 2023-07-18 | 28.00% |
| 2023-07-14 | 27.98% |
| 2023-07-12 | 27.99% |
| 2023-07-10 | 27.99% |
| 2023-07-06 | 27.97% |
| 2023-07-03 | 27.97% |
| 2023-06-29 | 27.97% |
| 2023-06-27 | 27.97% |
| 2023-06-23 | 27.97% |
| 2023-06-21 | 27.99% |
| 2023-06-16 | 27.99% |
| 2023-06-14 | 28.00% |
| 2023-06-12 | 27.97% |
| 2023-06-08 | 27.98% |
| 2023-06-06 | 27.98% |
| 2023-06-02 | 27.97% |
| 2023-05-31 | 27.98% |
| 2023-05-26 | 24.86% |
| 2023-05-24 | 24.86% |
| 2023-05-22 | 24.86% |
| 2023-05-18 | 24.87% |
| 2023-05-16 | 20.59% |
| 2023-05-12 | 20.57% |
| 2023-05-10 | 20.56% |
| 2023-05-08 | 20.59% |
| 2023-05-04 | 20.58% |
| 2023-05-02 | 20.59% |
| 2023-04-28 | 20.57% |
| 2023-04-26 | 20.58% |
| 2023-04-24 | 20.58% |
| 2023-04-20 | 20.59% |
| 2023-04-18 | 20.58% |
| 2023-04-14 | 20.57% |
| 2023-04-12 | 20.59% |
| 2023-04-10 | 20.58% |
| 2023-04-05 | 20.58% |
| 2023-04-03 | 20.57% |
| 2023-03-30 | 20.57% |
| 2023-03-28 | 20.58% |
| 2023-03-24 | 20.56% |
| 2023-03-22 | 20.57% |
| 2023-03-20 | 20.58% |
| 2023-03-16 | 20.59% |
| 2023-03-14 | 20.58% |
| 2023-03-10 | 20.56% |
| 2023-03-08 | 20.58% |
| 2023-03-06 | 20.59% |
| 2023-03-02 | 20.58% |
| 2023-02-28 | 20.58% |
| 2023-02-24 | 15.44% |
| 2023-02-22 | 15.42% |
| 2023-02-17 | 15.44% |
| 2023-02-15 | 15.43% |
| 2023-02-13 | 14.60% |
| 2023-02-09 | 14.58% |
| 2023-02-07 | 14.59% |
| 2023-02-03 | 14.59% |
| 2023-02-01 | 14.60% |
| 2023-01-30 | 14.59% |
| 2023-01-26 | 14.59% |
| 2023-01-24 | 14.60% |
| 2023-01-20 | 14.59% |
| 2023-01-18 | 14.58% |
| 2023-01-13 | 14.60% |
| 2023-01-11 | 14.59% |
| 2023-01-09 | 14.59% |
| 2023-01-05 | 14.60% |
| 2023-01-03 | 14.60% |
| 2022-12-29 | 14.58% |
| 2022-12-27 | 14.58% |
| 2022-12-22 | 14.58% |
| 2022-12-20 | 8.83% |
| 2022-12-16 | 8.83% |
| 2022-12-14 | 8.82% |
| 2022-12-12 | 8.82% |
| 2022-12-08 | 8.82% |
| 2022-12-06 | 8.83% |
| 2022-12-02 | 8.82% |
| 2022-11-30 | 8.82% |
| 2022-11-28 | 5.88% |
| 2022-11-23 | 5.88% |
| 2022-11-21 | 5.88% |
| 2022-11-17 | 5.88% |
| 2022-11-15 | 5.88% |
| 2022-11-11 | 5.88% |
| 2022-11-09 | 5.89% |
| 2022-11-07 | 5.88% |
| 2022-11-03 | 5.89% |
| 2022-11-01 | 5.89% |
| 2022-10-28 | 5.88% |
| 2022-10-26 | 5.89% |
| 2022-10-24 | 5.88% |
| 2022-10-20 | 5.88% |
| 2022-10-18 | 5.88% |
| 2022-10-14 | 5.88% |
| 2022-10-12 | 5.88% |
| 2022-10-10 | 5.88% |
| 2022-10-06 | 5.88% |
| 2022-10-04 | 5.88% |
| 2022-09-30 | 5.88% |
| 2022-09-28 | 5.88% |
| 2022-09-26 | 5.89% |
| 2022-09-22 | 5.88% |
| 2022-09-20 | 5.88% |
| 2022-09-16 | 5.89% |
| 2022-09-14 | 5.89% |
| 2022-09-12 | 5.88% |
| 2022-09-08 | 5.88% |
| 2022-09-06 | 5.88% |
| 2022-09-01 | 5.88% |
| 2022-08-30 | 5.88% |
| 2022-08-26 | 2.94% |
| 2022-08-24 | 2.94% |
| 2022-08-22 | 2.94% |
| 2022-08-18 | 2.94% |
| 2022-08-16 | 3.55% |
| 2022-08-12 | 3.55% |
| 2022-08-10 | 3.55% |
| 2022-08-08 | 3.55% |
| 2022-08-04 | 3.55% |
| 2022-08-02 | 3.55% |
| 2022-07-29 | 3.55% |
| 2022-07-27 | 3.55% |
| 2022-07-25 | 3.55% |
| 2022-07-21 | 3.55% |
| 2022-07-19 | 3.55% |
| 2022-07-15 | 3.55% |
| 2022-07-13 | 3.55% |
| 2022-07-11 | 3.55% |
| 2022-07-07 | 3.55% |
| 2022-07-05 | 3.55% |
| 2022-06-30 | 3.55% |
| 2022-06-28 | 3.55% |
| 2022-06-24 | 3.55% |
| 2022-06-22 | 3.55% |
| 2022-06-17 | 3.55% |
| 2022-06-15 | 3.55% |
| 2022-06-13 | 3.55% |
| 2022-06-09 | 3.55% |
| 2022-06-07 | 3.55% |
| 2022-06-03 | 3.55% |
| 2022-06-01 | 3.55% |
| 2022-05-27 | 3.55% |
| 2020-08-10 | 85.21% |
| 2020-08-06 | 85.26% |
| 2020-08-04 | 85.23% |
| 2020-07-31 | 85.19% |
| 2020-07-29 | 85.24% |
| 2020-07-27 | 85.19% |
| 2020-07-23 | 85.22% |
| 2020-07-21 | 85.22% |
| 2020-07-17 | 85.20% |
| 2020-07-15 | 85.22% |
| 2020-07-13 | 85.19% |
| 2020-07-09 | 85.22% |
| 2020-07-07 | 85.23% |
| 2020-07-02 | 85.21% |
| 2020-06-30 | 85.20% |
| 2020-06-26 | 85.22% |
| 2020-06-24 | 85.22% |
| 2020-06-22 | 62.50% |
| 2020-06-18 | 83.32% |
| 2020-06-16 | 83.32% |
| 2020-06-12 | 83.31% |
| 2020-06-10 | 83.33% |
| 2020-06-08 | 83.34% |
| 2020-06-04 | 83.36% |
| 2020-06-02 | 83.33% |
| 2020-05-29 | 83.35% |
| 2020-05-27 | 83.33% |
| 2020-05-22 | 83.36% |
| 2020-05-20 | 83.36% |
| 2020-05-18 | 83.36% |
| 2020-05-14 | 83.30% |
| 2020-05-12 | 83.32% |
| 2020-05-08 | 83.30% |
| 2020-05-06 | 83.29% |
| 2020-05-04 | 83.29% |
| 2020-04-30 | 83.36% |
| 2020-04-28 | 83.30% |
| 2020-04-24 | 83.29% |
| 2020-04-22 | 83.29% |
| 2020-04-20 | 83.35% |
| 2020-04-16 | 83.33% |
| 2020-04-14 | 83.36% |
| 2020-04-09 | 83.38% |
| 2020-04-07 | 83.31% |
| 2020-04-03 | 83.27% |
| 2020-04-01 | 83.35% |
| 2020-03-30 | 83.33% |
| 2020-03-26 | 83.33% |
| 2020-03-24 | 83.29% |
| 2020-03-20 | 83.30% |
| 2020-03-18 | 83.37% |
| 2020-03-16 | 83.33% |
| 2020-03-12 | 83.33% |
| 2020-03-10 | 83.33% |
| 2020-03-06 | 83.33% |
| 2020-03-04 | 83.31% |
| 2020-03-02 | 83.33% |
| 2020-02-27 | 83.35% |
| 2020-02-25 | 83.31% |
| 2020-02-21 | 83.33% |
| 2020-02-19 | 83.32% |
| 2020-02-14 | 83.34% |
Showing the most recent 260 of 2,160 data points. The chart above shows the full history.
| $0.50 |
| N/A (Loss) |
| 2019-09-30 | $0.77 | $1.00 | 129.9% |
| 2018-09-30 | $1.35 | $1.00 | 74.1% |
| 2017-09-30 | $1.18 | $1.00 | 84.7% |
| 2016-09-30 | $1.18 | $1.00 | 84.7% |
| 2015-09-30 | $1.59 | $1.00 | 62.9% |
| 2014-09-30 | $1.49 | $1.00 | 67.1% |
| 2013-09-30 | $1.18 | $1.00 | 84.7% |
| 2012-09-30 | $1.67 | $1.00 | 59.9% |
| 2011-09-30 | $0.41 | $1.00 | 243.9% |
| 2010-09-30 | $0.75 | $1.00 | 133.3% |
| 2009-09-30 | $0.88 | $1.44 | 163.6% |
| 2008-09-30 | $1.94 | $1.76 | 90.7% |
| 2007-09-30 | $3.63 | $1.14 | 31.4% |
| 2006-09-30 | $1.50 | $1.40 | 93.3% |
| 2005-09-30 | $1.92 | $1.40 | 72.9% |
