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 71.72% is 157% above its 5-year average of 27.92%, near the high end of its 5-year range (5.04%–71.79%).
As of Wednesday, August 7, 2024. 37.83% above its 12-month average of 52.03%.
Dividend Payout Ratio (71.72%) = TTM Dividends/Share ($1.80) / TTM EPS ($2.51)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2024-08-07.
DIVIDEND PAYOUT RATIO
71.72%
DIVIDEND PAYOUT RATIO AVG TTM
52.03%
DIVIDEND PAYOUT RATIO AVG 3Y
35.40%
DIVIDEND PAYOUT RATIO AVG 5Y
27.92%
DIVIDEND PAYOUT RATIO AVG 10Y
13.71%
DIVIDEND PAYOUT RATIO AVG 15Y
8.62%
DIVIDEND PAYOUT RATIO AVG 20Y
12.26%
CURRENT VS TTM AVG
+37.83%
CURRENT VS 3Y AVG
+102.62%
CURRENT VS 5Y AVG
+156.83%
CURRENT VS 10Y AVG
+423.19%
CURRENT VS 15Y AVG
+732.26%
CURRENT VS 20Y AVG
+484.87%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($4.21) | $0.51 | N/A (Loss) |
| 2024-12-31 | ($1.56) | $1.52 | N/A (Loss) |
| 2023-12-31 | $3.31 | $1.80 | 54.4% |
| 2022-12-31 | $4.40 | $1.70 | 38.6% |
| 2021-12-31 | $5.53 | $1.22 | 22.1% |
| 2020-12-31 | $4.09 |
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 |
|---|---|
| 2024-08-07 | 71.72% |
| 2024-08-05 | 71.79% |
| 2024-08-01 | 71.79% |
| 2024-07-30 | 71.77% |
| 2024-07-26 | 71.76% |
| 2024-07-24 | 71.71% |
| 2024-07-22 | 71.76% |
| 2024-07-18 | 53.83% |
| 2024-07-16 | 71.71% |
| 2024-07-12 | 71.72% |
| 2024-07-10 | 71.77% |
| 2024-07-08 | 71.72% |
| 2024-07-03 | 71.77% |
| 2024-07-01 | 71.79% |
| 2024-06-27 | 71.76% |
| 2024-06-25 | 71.73% |
| 2024-06-21 | 71.77% |
| 2024-06-18 | 71.72% |
| 2024-06-14 | 71.76% |
| 2024-06-12 | 71.79% |
| 2024-06-10 | 71.72% |
| 2024-06-06 | 71.75% |
| 2024-06-04 | 71.71% |
| 2024-05-31 | 71.78% |
| 2024-05-29 | 71.79% |
| 2024-05-24 | 71.75% |
| 2024-05-22 | 71.79% |
| 2024-05-20 | 71.77% |
| 2024-05-16 | 71.74% |
| 2024-05-14 | 71.73% |
| 2024-05-10 | 71.77% |
| 2024-05-08 | 71.78% |
| 2024-05-06 | 71.77% |
| 2024-05-02 | 54.57% |
| 2024-04-30 | 54.52% |
| 2024-04-26 | 54.53% |
| 2024-04-24 | 54.55% |
| 2024-04-22 | 54.58% |
| 2024-04-18 | 54.56% |
| 2024-04-16 | 40.89% |
| 2024-04-12 | 40.89% |
| 2024-04-10 | 40.88% |
| 2024-04-08 | 40.94% |
| 2024-04-04 | 40.92% |
| 2024-04-02 | 54.53% |
| 2024-03-28 | 54.56% |
| 2024-03-26 | 54.57% |
| 2024-03-22 | 54.58% |
| 2024-03-20 | 54.51% |
| 2024-03-18 | 54.56% |
| 2024-03-14 | 54.54% |
| 2024-03-12 | 54.51% |
| 2024-03-08 | 54.58% |
| 2024-03-06 | 54.54% |
| 2024-03-04 | 54.57% |
| 2024-02-29 | 45.57% |
| 2024-02-27 | 45.58% |
| 2024-02-23 | 45.55% |
| 2024-02-21 | 45.59% |
| 2024-02-16 | 45.57% |
| 2024-02-14 | 45.55% |
| 2024-02-12 | 45.56% |
| 2024-02-08 | 45.55% |
| 2024-02-06 | 45.56% |
| 2024-02-02 | 45.54% |
| 2024-01-31 | 45.60% |
| 2024-01-29 | 45.58% |
| 2024-01-25 | 45.58% |
| 2024-01-23 | 45.56% |
| 2024-01-19 | 45.58% |
| 2024-01-17 | 45.54% |
| 2024-01-12 | 45.56% |
| 2024-01-10 | 45.58% |
| 2024-01-08 | 34.20% |
| 2024-01-04 | 34.18% |
| 2024-01-02 | 45.59% |
| 2023-12-28 | 45.57% |
| 2023-12-26 | 45.59% |
| 2023-12-21 | 45.55% |
| 2023-12-19 | 45.58% |
| 2023-12-15 | 45.58% |
| 2023-12-13 | 45.59% |
| 2023-12-11 | 45.54% |
| 2023-12-07 | 45.57% |
| 2023-12-05 | 45.55% |
| 2023-12-01 | 45.60% |
| 2023-11-29 | 45.58% |
| 2023-11-27 | 45.55% |
| 2023-11-22 | 45.55% |
| 2023-11-20 | 45.58% |
| 2023-11-16 | 45.60% |
| 2023-11-14 | 45.53% |
| 2023-11-10 | 45.53% |
| 2023-11-08 | 42.88% |
| 2023-11-06 | 42.87% |
| 2023-11-02 | 42.88% |
| 2023-10-31 | 42.87% |
| 2023-10-27 | 42.85% |
| 2023-10-25 | 42.86% |
| 2023-10-23 | 42.82% |
| 2023-10-19 | 42.82% |
| 2023-10-17 | 32.13% |
| 2023-10-13 | 32.14% |
| 2023-10-11 | 32.14% |
| 2023-10-09 | 32.16% |
| 2023-10-05 | 42.83% |
| 2023-10-03 | 42.87% |
| 2023-09-29 | 42.88% |
| 2023-09-27 | 42.89% |
| 2023-09-25 | 42.87% |
| 2023-09-21 | 42.87% |
| 2023-09-19 | 42.85% |
| 2023-09-15 | 42.85% |
| 2023-09-13 | 42.89% |
| 2023-09-11 | 42.84% |
| 2023-09-07 | 42.85% |
| 2023-09-05 | 42.86% |
| 2023-08-31 | 42.87% |
| 2023-08-29 | 42.87% |
| 2023-08-25 | 42.85% |
| 2023-08-23 | 42.85% |
| 2023-08-21 | 42.86% |
| 2023-08-17 | 42.83% |
| 2023-08-15 | 42.83% |
| 2023-08-11 | 42.88% |
| 2023-08-09 | 44.55% |
| 2023-08-07 | 44.57% |
| 2023-08-03 | 44.57% |
| 2023-08-01 | 44.54% |
| 2023-07-28 | 44.52% |
| 2023-07-26 | 44.58% |
| 2023-07-24 | 44.56% |
| 2023-07-20 | 44.54% |
| 2023-07-18 | 33.41% |
| 2023-07-14 | 33.43% |
| 2023-07-12 | 33.43% |
| 2023-07-10 | 33.44% |
| 2023-07-06 | 44.57% |
| 2023-07-03 | 44.55% |
| 2023-06-29 | 44.57% |
| 2023-06-27 | 44.56% |
| 2023-06-23 | 44.55% |
| 2023-06-21 | 44.54% |
| 2023-06-16 | 44.56% |
| 2023-06-14 | 44.55% |
| 2023-06-12 | 44.59% |
| 2023-06-08 | 44.58% |
| 2023-06-06 | 44.56% |
| 2023-06-02 | 44.56% |
| 2023-05-31 | 44.53% |
| 2023-05-26 | 44.53% |
| 2023-05-24 | 44.54% |
| 2023-05-22 | 44.59% |
| 2023-05-18 | 44.56% |
| 2023-05-16 | 44.54% |
| 2023-05-12 | 44.60% |
| 2023-05-10 | 38.45% |
| 2023-05-08 | 38.44% |
| 2023-05-04 | 38.45% |
| 2023-05-02 | 38.48% |
| 2023-04-28 | 38.44% |
| 2023-04-26 | 38.48% |
| 2023-04-24 | 38.43% |
| 2023-04-20 | 38.47% |
| 2023-04-18 | 38.45% |
| 2023-04-14 | 38.44% |
| 2023-04-12 | 38.47% |
| 2023-04-10 | 38.45% |
| 2023-04-05 | 47.00% |
| 2023-04-03 | 37.39% |
| 2023-03-30 | 37.38% |
| 2023-03-28 | 37.37% |
| 2023-03-24 | 37.38% |
| 2023-03-22 | 37.38% |
| 2023-03-20 | 37.39% |
| 2023-03-16 | 37.40% |
| 2023-03-14 | 37.38% |
| 2023-03-10 | 37.38% |
| 2023-03-08 | 37.39% |
| 2023-03-06 | 37.40% |
| 2023-03-02 | 37.38% |
| 2023-02-28 | 37.55% |
| 2023-02-24 | 37.53% |
| 2023-02-22 | 37.54% |
| 2023-02-17 | 37.56% |
| 2023-02-15 | 37.55% |
| 2023-02-13 | 37.56% |
| 2023-02-09 | 37.57% |
| 2023-02-07 | 37.56% |
| 2023-02-03 | 37.54% |
| 2023-02-01 | 37.56% |
| 2023-01-30 | 37.55% |
| 2023-01-26 | 37.55% |
| 2023-01-24 | 37.54% |
| 2023-01-20 | 37.56% |
| 2023-01-18 | 37.53% |
| 2023-01-13 | 46.15% |
| 2023-01-11 | 46.14% |
| 2023-01-09 | 46.15% |
| 2023-01-05 | 46.14% |
| 2023-01-03 | 36.47% |
| 2022-12-29 | 36.48% |
| 2022-12-27 | 36.47% |
| 2022-12-22 | 36.49% |
| 2022-12-20 | 36.47% |
| 2022-12-16 | 36.47% |
| 2022-12-14 | 36.46% |
| 2022-12-12 | 36.50% |
| 2022-12-08 | 36.47% |
| 2022-12-06 | 36.47% |
| 2022-12-02 | 36.48% |
| 2022-11-30 | 36.48% |
| 2022-11-28 | 36.47% |
| 2022-11-23 | 36.49% |
| 2022-11-21 | 36.46% |
| 2022-11-17 | 36.49% |
| 2022-11-15 | 36.48% |
| 2022-11-11 | 36.48% |
| 2022-11-09 | 36.47% |
| 2022-11-07 | 34.98% |
| 2022-11-03 | 34.98% |
| 2022-11-01 | 34.99% |
| 2022-10-28 | 34.97% |
| 2022-10-26 | 34.98% |
| 2022-10-24 | 34.98% |
| 2022-10-20 | 34.98% |
| 2022-10-18 | 43.19% |
| 2022-10-14 | 43.20% |
| 2022-10-12 | 43.23% |
| 2022-10-10 | 43.21% |
| 2022-10-06 | 43.20% |
| 2022-10-04 | 33.97% |
| 2022-09-30 | 33.94% |
| 2022-09-28 | 33.96% |
| 2022-09-26 | 33.95% |
| 2022-09-22 | 33.97% |
| 2022-09-20 | 33.94% |
| 2022-09-16 | 33.96% |
| 2022-09-14 | 33.95% |
| 2022-09-12 | 33.96% |
| 2022-09-08 | 33.96% |
| 2022-09-06 | 33.95% |
| 2022-09-01 | 33.95% |
| 2022-08-30 | 33.94% |
| 2022-08-26 | 33.95% |
| 2022-08-24 | 33.94% |
| 2022-08-22 | 33.95% |
| 2022-08-18 | 33.96% |
| 2022-08-16 | 33.96% |
| 2022-08-12 | 33.94% |
| 2022-08-10 | 33.94% |
| 2022-08-08 | 29.57% |
| 2022-08-04 | 29.57% |
| 2022-08-02 | 29.57% |
| 2022-07-29 | 29.58% |
| 2022-07-27 | 29.57% |
| 2022-07-25 | 29.56% |
| 2022-07-21 | 29.55% |
| 2022-07-19 | 35.83% |
| 2022-07-15 | 35.85% |
Showing the most recent 260 of 2,448 data points. The chart above shows the full history.
| $0.88 |
| 21.5% |
| 2019-12-31 | $4.18 | $0.44 | 10.5% |
| 2018-12-31 | $4.44 | $0.00 | 0.0% |
| 2017-12-31 | $2.94 | $0.00 | 0.0% |
| 2016-12-31 | $2.91 | $0.00 | 0.0% |
| 2015-12-31 | $2.54 | $0.00 | 0.0% |
| 2014-12-31 | $2.01 | $0.00 | 0.0% |
| 2013-12-31 | $1.81 | $0.00 | 0.0% |
| 2012-12-31 | $1.50 | $0.00 | 0.0% |
| 2011-12-31 | $1.05 | $0.00 | 0.0% |
| 2010-12-31 | $0.71 | $0.00 | 0.0% |
| 2009-12-31 | $0.50 | $0.00 | 0.0% |
| 2008-12-31 | $0.57 | $0.10 | 17.4% |
| 2007-12-31 | $0.66 | $0.20 | 30.1% |
| 2006-12-31 | $0.70 | $0.19 | 26.9% |
| 2005-12-31 | $0.68 | $0.17 | 24.7% |
