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 33.00% is in line with its 5-year average of 30.01%, near the low end of its 5-year range (28.44%–66.46%).
As of Wednesday, January 26, 2011. 13.59% above its 12-month average of 29.05%.
Dividend Payout Ratio (33.00%) = TTM Dividends/Share ($1.00) / TTM EPS ($3.03)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2011-01-26.
DIVIDEND PAYOUT RATIO
33.00%
DIVIDEND PAYOUT RATIO AVG TTM
29.05%
DIVIDEND PAYOUT RATIO AVG 3Y
29.05%
DIVIDEND PAYOUT RATIO AVG 5Y
30.01%
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
+13.59%
CURRENT VS 3Y AVG
+13.59%
CURRENT VS 5Y AVG
+9.97%
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 |
|---|---|---|---|
| 2025-12-31 | ($0.34) | $0.00 | N/A (Loss) |
| 2024-12-31 | ($0.23) | $0.00 | N/A (Loss) |
| 2023-12-31 | ($0.51) | $0.00 | N/A (Loss) |
| 2022-12-31 | ($0.69) | $0.00 | N/A (Loss) |
| 2021-12-31 | ($0.65) | $0.00 | N/A (Loss) |
| 2020-12-31 | ($0.60) |
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 |
|---|---|
| 2011-01-26 | 33.00% |
| 2011-01-24 | 33.02% |
| 2011-01-20 | 33.13% |
| 2011-01-18 | 33.13% |
| 2011-01-13 | 33.02% |
| 2011-01-11 | 33.00% |
| 2011-01-07 | 33.14% |
| 2011-01-05 | 33.14% |
| 2011-01-03 | 33.00% |
| 2010-12-30 | 32.94% |
| 2010-12-28 | 33.12% |
| 2010-12-23 | 32.90% |
| 2010-12-21 | 33.04% |
| 2010-12-17 | 33.04% |
| 2010-12-15 | 33.00% |
| 2010-12-13 | 33.04% |
| 2010-12-09 | 33.04% |
| 2010-12-07 | 33.00% |
| 2010-12-03 | 32.90% |
| 2010-12-01 | 33.11% |
| 2010-11-29 | 33.00% |
| 2010-11-24 | 32.92% |
| 2010-11-22 | 33.05% |
| 2010-11-18 | 33.04% |
| 2010-11-16 | 32.94% |
| 2010-11-12 | 29.35% |
| 2010-11-10 | 29.35% |
| 2010-11-08 | 29.62% |
| 2010-11-04 | 29.62% |
| 2010-11-02 | 29.41% |
| 2010-10-29 | 29.52% |
| 2010-10-27 | 29.52% |
| 2010-10-25 | 29.37% |
| 2010-10-21 | 29.51% |
| 2010-10-19 | 29.51% |
| 2010-10-15 | 29.51% |
| 2010-10-13 | 29.54% |
| 2010-10-11 | 29.37% |
| 2010-10-07 | 29.41% |
| 2010-10-05 | 29.54% |
| 2010-10-01 | 29.43% |
| 2010-09-29 | 29.59% |
| 2010-09-27 | 29.59% |
| 2010-09-23 | 29.51% |
| 2010-09-21 | 29.58% |
| 2010-09-17 | 29.58% |
| 2010-09-15 | 29.50% |
| 2010-09-13 | 29.51% |
| 2010-09-09 | 29.58% |
| 2010-09-07 | 29.50% |
| 2010-09-02 | 29.58% |
| 2010-08-31 | 29.58% |
| 2010-08-27 | 29.58% |
| 2010-08-25 | 29.58% |
| 2010-08-23 | 29.58% |
| 2010-08-19 | 29.58% |
| 2010-08-17 | 29.60% |
| 2010-08-13 | 28.80% |
| 2010-08-11 | 28.89% |
| 2010-08-09 | 28.75% |
| 2010-08-05 | 28.75% |
| 2010-08-03 | 28.75% |
| 2010-07-30 | 28.68% |
| 2010-07-28 | 28.71% |
| 2010-07-26 | 28.75% |
| 2010-07-22 | 28.92% |
| 2010-07-20 | 28.92% |
| 2010-07-16 | 28.89% |
| 2010-07-14 | 28.71% |
| 2010-07-12 | 28.71% |
| 2010-07-08 | 28.75% |
| 2010-07-06 | 28.97% |
| 2010-07-01 | 28.67% |
| 2010-06-29 | 28.89% |
| 2010-06-25 | 28.80% |
| 2010-06-23 | 28.86% |
| 2010-06-21 | 28.86% |
| 2010-06-17 | 28.80% |
| 2010-06-15 | 28.74% |
| 2010-06-11 | 28.86% |
| 2010-06-09 | 28.86% |
| 2010-06-07 | 28.86% |
| 2010-06-03 | 28.92% |
| 2010-06-01 | 28.89% |
| 2010-05-27 | 28.89% |
| 2010-05-25 | 28.86% |
| 2010-05-21 | 28.70% |
| 2010-05-19 | 28.94% |
| 2010-05-17 | 28.57% |
| 2010-05-13 | 28.57% |
| 2010-05-11 | 28.57% |
| 2010-05-07 | 28.62% |
| 2010-05-05 | 28.49% |
| 2010-05-03 | 28.53% |
| 2010-04-29 | 28.53% |
| 2010-04-27 | 28.49% |
| 2010-04-23 | 28.49% |
| 2010-04-21 | 28.70% |
| 2010-04-19 | 28.71% |
| 2010-04-15 | 28.66% |
| 2010-04-13 | 28.71% |
| 2010-04-09 | 28.44% |
| 2010-04-07 | 28.44% |
| 2010-04-05 | 28.70% |
| 2006-02-21 | 66.44% |
| 2006-02-16 | 66.43% |
| 2006-02-14 | 66.44% |
| 2006-02-10 | 66.44% |
| 2006-02-08 | 66.46% |
| 2006-02-06 | 66.46% |
| 2006-02-02 | 66.46% |
| 2006-01-31 | 66.42% |
| 2006-01-27 | 66.40% |
| 2006-01-25 | 66.40% |
| 2006-01-23 | 66.40% |
| 2006-01-19 | 66.40% |
| 2006-01-17 | 66.40% |
| 2006-01-12 | 66.40% |
| 2006-01-10 | 66.40% |
| 2006-01-06 | 66.45% |
| 2006-01-04 | 66.40% |
| 2005-12-30 | 66.47% |
| 2005-12-28 | 66.44% |
| 2005-12-23 | 66.44% |
| 2005-12-21 | 66.44% |
| 2005-12-19 | 66.45% |
| 2005-12-15 | 66.46% |
| 2005-12-13 | 66.42% |
| 2005-12-09 | 66.44% |
| 2005-12-07 | 66.44% |
| 2005-12-05 | 66.44% |
| 2005-12-01 | 66.46% |
| 2005-11-29 | 66.40% |
| 2005-11-25 | 66.47% |
| 2005-11-22 | 66.42% |
| 2005-11-18 | 66.40% |
| 2005-11-16 | 66.48% |
| 2005-11-14 | 16.20% |
| 2005-11-10 | 16.25% |
| 2005-11-08 | 16.25% |
| 2005-11-04 | 16.20% |
| 2005-11-02 | 16.19% |
| 2005-10-31 | 16.20% |
| 2005-10-27 | 16.20% |
| 2005-10-25 | 16.23% |
| 2005-10-21 | 16.23% |
| 2005-10-19 | 16.23% |
| 2005-10-17 | 16.25% |
| 2005-10-13 | 16.24% |
| 2005-10-11 | 16.24% |
| 2005-10-07 | 16.20% |
| 2005-10-05 | 16.20% |
| 2005-10-03 | 16.23% |
| 2005-09-29 | 16.24% |
| 2005-09-27 | 16.20% |
| 2005-09-23 | 16.24% |
| 2005-09-21 | 16.20% |
| 2005-09-19 | 16.20% |
| 2005-09-15 | 16.20% |
| 2005-09-13 | 16.20% |
| 2005-09-09 | 16.20% |
| 2005-09-07 | 16.23% |
| 2005-09-02 | 16.21% |
| 2005-08-31 | 16.20% |
| 2005-08-29 | 16.22% |
| 2005-08-25 | 16.22% |
| 2005-08-23 | 16.22% |
| 2005-08-19 | 16.20% |
| 2005-08-17 | 16.23% |
| 2005-08-15 | 15.19% |
| 2005-08-11 | 15.20% |
| 2005-08-09 | 15.18% |
| 2005-08-05 | 15.19% |
| 2005-08-03 | 15.19% |
| 2005-08-01 | 15.18% |
| 2005-07-28 | 15.18% |
| 2005-07-26 | 15.17% |
| 2005-07-22 | 15.20% |
| 2005-07-20 | 15.17% |
| 2005-07-18 | 15.18% |
| 2005-07-14 | 15.18% |
| 2005-07-12 | 15.18% |
| 2005-07-08 | 15.18% |
| 2005-07-06 | 15.18% |
| 2005-07-01 | 15.16% |
| 2005-06-29 | 15.20% |
| 2005-06-27 | 15.16% |
| 2005-06-23 | 15.16% |
| 2005-06-21 | 15.16% |
| 2005-06-17 | 15.16% |
| 2005-06-15 | 15.16% |
| 2005-06-13 | 15.16% |
| 2005-06-09 | 15.18% |
| 2005-06-07 | 15.16% |
| 2005-06-03 | 15.18% |
| 2005-06-01 | 15.18% |
| 2005-05-27 | 15.16% |
| 2005-05-25 | 15.17% |
| 2005-05-23 | 15.17% |
| 2005-05-19 | 15.17% |
| 2005-05-17 | 15.19% |
| 2005-05-13 | 10.81% |
| 2005-05-11 | 10.80% |
| 2005-05-09 | 10.80% |
| 2005-05-05 | 10.80% |
| 2005-05-03 | 10.80% |
| 2005-04-29 | 10.80% |
| 2005-04-27 | 10.80% |
| 2005-04-25 | 10.80% |
| 2005-04-21 | 10.80% |
| 2005-04-19 | 10.80% |
| 2005-04-15 | 22.20% |
| 2005-04-13 | 22.19% |
| 2005-04-11 | 22.21% |
| 2005-04-07 | 22.20% |
| 2005-04-05 | 22.20% |
| 2005-04-01 | 22.20% |
| 2005-03-30 | 22.20% |
| 2005-03-28 | 22.20% |
| 2005-03-23 | 22.20% |
| 2005-03-21 | 22.20% |
| 2005-03-17 | 22.21% |
| 2005-03-15 | 22.19% |
| 2005-03-11 | 22.19% |
| 2005-03-09 | 22.20% |
| 2005-03-07 | 22.19% |
| 2005-03-03 | 22.20% |
| 2005-03-01 | 22.20% |
| 2005-02-25 | 22.20% |
| 2005-02-23 | 22.20% |
| $0.00 |
| N/A (Loss) |
| 2019-12-31 | ($0.74) | $0.00 | N/A (Loss) |
| 2018-12-31 | ($0.60) | $0.00 | N/A (Loss) |
| 2017-12-31 | ($0.31) | $0.00 | N/A (Loss) |
| 2016-12-31 | ($0.47) | $0.00 | N/A (Loss) |
| 2015-12-31 | ($0.51) | $0.00 | N/A (Loss) |
| 2014-12-31 | ($1.00) | $0.00 | N/A (Loss) |
| 2013-12-31 | ($1.08) | $0.00 | N/A (Loss) |
| 2012-12-31 | ($0.85) | $0.00 | N/A (Loss) |
| 2011-12-31 | ($2.49) | $0.00 | N/A (Loss) |
| 2010-12-31 | ($0.31) | $1.00 | N/A (Loss) |
| 2009-12-31 | $3.51 | $0.00 | 0.0% |
| 2008-12-31 | ($0.24) | $0.00 | N/A (Loss) |
| 2007-12-31 | ($0.18) | $0.00 | N/A (Loss) |
| 2006-12-31 | ($0.09) | $0.00 | N/A (Loss) |
| 2005-12-31 | ($0.13) | $0.06 | N/A (Loss) |
| 2004-12-31 | $0.57 | $0.00 | 0.0% |
| 2003-12-31 | ($0.32) | $0.00 | N/A (Loss) |
| 2002-12-31 | ($0.66) | $0.00 | N/A (Loss) |
| 2001-06-30 | $0.34 | $0.00 | 0.0% |
| 2000-06-30 | ($0.74) | $0.00 | N/A (Loss) |
| 1999-06-30 | ($0.43) | $0.00 | N/A (Loss) |
| 1998-06-30 | ($0.10) | $0.00 | N/A (Loss) |
| 1997-06-30 | ($0.60) | $0.00 | N/A (Loss) |
| 1996-06-30 | ($0.16) | $0.00 | N/A (Loss) |
