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 41.72% is 18% below its 3-year average of 50.90%, near the low end of its 3-year range (30.38%–69.47%).
As of Thursday, July 9, 2009. 27.72% below its 12-month average of 57.73%.
Dividend Payout Ratio (41.72%) = TTM Dividends/Share ($0.56) / TTM EPS ($1.35)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2009-07-09.
DIVIDEND PAYOUT RATIO
41.72%
DIVIDEND PAYOUT RATIO AVG TTM
57.73%
DIVIDEND PAYOUT RATIO AVG 3Y
50.90%
DIVIDEND PAYOUT RATIO AVG 5Y
N/A
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
-27.72%
CURRENT VS 3Y AVG
-18.03%
CURRENT VS 5Y AVG
N/A
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 | $1.69 | $0.00 | 0.0% |
| 2024-12-31 | $1.90 | $0.00 | 0.0% |
| 2023-12-31 | $1.38 | $0.00 | 0.0% |
| 2022-12-31 | $0.90 | $0.00 | 0.0% |
| 2021-12-31 | ($0.93) | $0.00 | N/A (Loss) |
| 2020-12-31 | $0.31 |
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 |
|---|---|
| 2009-07-09 | 41.72% |
| 2009-07-07 | 41.64% |
| 2009-07-02 | 41.67% |
| 2009-06-30 | 41.61% |
| 2009-06-26 | 41.63% |
| 2009-06-24 | 41.66% |
| 2009-06-22 | 41.72% |
| 2009-06-18 | 43.22% |
| 2009-06-16 | 43.32% |
| 2009-06-12 | 43.25% |
| 2009-06-10 | 43.24% |
| 2009-06-08 | 43.29% |
| 2009-06-04 | 43.27% |
| 2009-06-02 | 57.71% |
| 2009-05-29 | 57.73% |
| 2009-05-27 | 57.62% |
| 2009-05-22 | 57.73% |
| 2009-05-20 | 57.67% |
| 2009-05-18 | 57.73% |
| 2009-05-14 | 57.77% |
| 2009-05-12 | 57.67% |
| 2009-05-08 | 57.73% |
| 2009-05-06 | 57.71% |
| 2009-05-04 | 57.67% |
| 2009-04-30 | 57.70% |
| 2009-04-28 | 57.66% |
| 2009-04-24 | 57.67% |
| 2009-04-22 | 57.75% |
| 2009-04-20 | 57.73% |
| 2009-04-16 | 57.72% |
| 2009-04-14 | 57.68% |
| 2009-04-09 | 57.68% |
| 2009-04-07 | 57.74% |
| 2009-04-03 | 57.76% |
| 2009-04-01 | 57.65% |
| 2009-03-30 | 57.76% |
| 2009-03-26 | 57.71% |
| 2009-03-24 | 57.66% |
| 2009-03-20 | 57.72% |
| 2009-03-18 | 57.75% |
| 2009-03-16 | 57.76% |
| 2009-03-12 | 57.74% |
| 2009-03-10 | 57.74% |
| 2009-03-06 | 57.61% |
| 2009-03-04 | 57.69% |
| 2009-03-02 | 57.67% |
| 2009-02-26 | 57.74% |
| 2009-02-24 | 57.77% |
| 2009-02-20 | 57.77% |
| 2009-02-18 | 57.67% |
| 2009-02-13 | 57.72% |
| 2009-02-11 | 57.78% |
| 2009-02-09 | 57.77% |
| 2009-02-05 | 57.68% |
| 2009-02-03 | 57.75% |
| 2009-01-30 | 57.80% |
| 2009-01-28 | 57.75% |
| 2009-01-26 | 57.79% |
| 2009-01-22 | 57.69% |
| 2009-01-20 | 57.69% |
| 2009-01-15 | 57.73% |
| 2009-01-13 | 57.66% |
| 2009-01-09 | 57.79% |
| 2009-01-07 | 57.77% |
| 2009-01-05 | 57.67% |
| 2008-12-31 | 57.77% |
| 2008-12-29 | 57.68% |
| 2008-12-24 | 57.79% |
| 2008-12-22 | 57.81% |
| 2008-12-18 | 57.66% |
| 2008-12-16 | 57.80% |
| 2008-12-12 | 57.77% |
| 2008-12-10 | 57.67% |
| 2008-12-08 | 57.83% |
| 2008-12-04 | 57.63% |
| 2008-12-02 | 57.83% |
| 2008-11-28 | 57.79% |
| 2008-11-25 | 57.83% |
| 2008-11-21 | 57.67% |
| 2008-11-19 | 43.38% |
| 2008-11-17 | 57.79% |
| 2008-11-13 | 57.66% |
| 2008-11-11 | 57.75% |
| 2008-11-07 | 57.73% |
| 2008-11-05 | 57.71% |
| 2008-11-03 | 57.76% |
| 2008-10-30 | 57.69% |
| 2008-10-28 | 57.70% |
| 2008-10-24 | 57.74% |
| 2008-10-22 | 57.75% |
| 2008-10-20 | 57.74% |
| 2008-10-16 | 57.76% |
| 2008-10-14 | 57.77% |
| 2008-10-10 | 57.73% |
| 2008-10-08 | 57.74% |
| 2008-10-06 | 57.72% |
| 2008-10-02 | 57.76% |
| 2008-09-30 | 61.04% |
| 2008-09-26 | 61.02% |
| 2008-09-24 | 61.02% |
| 2008-09-22 | 61.00% |
| 2008-09-18 | 61.01% |
| 2008-09-16 | 61.03% |
| 2008-09-12 | 61.04% |
| 2008-09-10 | 61.03% |
| 2008-09-08 | 61.03% |
| 2008-09-04 | 61.03% |
| 2008-09-02 | 60.99% |
| 2008-08-28 | 61.04% |
| 2008-08-26 | 45.78% |
| 2008-08-22 | 45.78% |
| 2008-08-20 | 61.01% |
| 2008-08-18 | 61.00% |
| 2008-08-14 | 61.01% |
| 2008-08-12 | 60.99% |
| 2008-08-08 | 61.00% |
| 2008-08-06 | 61.03% |
| 2008-08-04 | 61.03% |
| 2008-07-31 | 61.04% |
| 2008-07-29 | 60.99% |
| 2008-07-25 | 61.01% |
| 2008-07-23 | 61.03% |
| 2008-07-21 | 61.01% |
| 2008-07-17 | 61.03% |
| 2008-07-15 | 61.02% |
| 2008-07-11 | 61.04% |
| 2008-07-09 | 61.01% |
| 2008-07-07 | 61.01% |
| 2008-07-02 | 60.99% |
| 2008-06-30 | 61.01% |
| 2008-06-26 | 61.01% |
| 2008-06-24 | 61.00% |
| 2008-06-20 | 61.01% |
| 2008-06-18 | 61.03% |
| 2008-06-16 | 61.04% |
| 2008-06-12 | 61.02% |
| 2008-03-31 | 54.01% |
| 2008-03-27 | 54.00% |
| 2008-03-25 | 53.98% |
| 2008-03-20 | 54.00% |
| 2008-03-18 | 54.00% |
| 2008-03-14 | 53.98% |
| 2008-03-12 | 53.98% |
| 2008-03-10 | 53.99% |
| 2008-03-06 | 53.97% |
| 2008-03-04 | 53.97% |
| 2008-02-29 | 53.98% |
| 2008-02-27 | 67.46% |
| 2008-02-25 | 53.98% |
| 2008-02-21 | 53.94% |
| 2008-02-19 | 53.95% |
| 2008-02-14 | 53.98% |
| 2008-02-12 | 53.95% |
| 2008-02-08 | 53.96% |
| 2008-02-06 | 53.96% |
| 2008-02-04 | 53.96% |
| 2008-01-31 | 53.97% |
| 2008-01-29 | 53.97% |
| 2008-01-25 | 53.94% |
| 2008-01-23 | 53.95% |
| 2008-01-18 | 53.96% |
| 2008-01-16 | 53.98% |
| 2008-01-14 | 53.93% |
| 2008-01-10 | 53.95% |
| 2008-01-08 | 53.96% |
| 2008-01-04 | 53.95% |
| 2008-01-02 | 53.95% |
| 2007-12-28 | 53.93% |
| 2007-12-26 | 53.98% |
| 2007-12-21 | 53.97% |
| 2007-12-19 | 53.94% |
| 2007-12-17 | 53.95% |
| 2007-12-13 | 53.96% |
| 2007-12-11 | 53.96% |
| 2007-12-07 | 53.96% |
| 2007-12-05 | 53.95% |
| 2007-12-03 | 53.96% |
| 2007-11-29 | 53.95% |
| 2007-11-27 | 67.46% |
| 2007-11-23 | 67.44% |
| 2007-11-20 | 67.42% |
| 2007-11-16 | 53.96% |
| 2007-11-14 | 53.94% |
| 2007-11-12 | 53.94% |
| 2007-11-08 | 53.95% |
| 2007-11-06 | 53.95% |
| 2007-11-02 | 53.97% |
| 2007-10-31 | 53.97% |
| 2007-10-29 | 53.94% |
| 2007-10-25 | 53.94% |
| 2007-10-23 | 53.97% |
| 2007-10-19 | 53.94% |
| 2007-10-17 | 53.95% |
| 2007-10-15 | 53.95% |
| 2007-10-11 | 53.96% |
| 2007-10-09 | 53.94% |
| 2007-10-05 | 53.95% |
| 2007-10-03 | 53.95% |
| 2007-10-01 | 53.96% |
| 2007-09-27 | 55.57% |
| 2007-09-25 | 55.57% |
| 2007-09-21 | 55.55% |
| 2007-09-19 | 55.57% |
| 2007-09-17 | 55.54% |
| 2007-09-13 | 55.56% |
| 2007-09-11 | 55.54% |
| 2007-09-07 | 55.58% |
| 2007-09-05 | 55.55% |
| 2007-08-31 | 55.57% |
| 2007-08-29 | 55.53% |
| 2007-08-27 | 69.47% |
| 2007-08-23 | 69.46% |
| 2007-08-21 | 55.55% |
| 2007-08-17 | 55.57% |
| 2007-08-15 | 55.55% |
| 2007-08-13 | 55.57% |
| 2007-08-09 | 55.54% |
| 2007-08-07 | 55.57% |
| 2007-08-03 | 55.55% |
| 2007-08-01 | 55.54% |
| 2007-07-30 | 55.54% |
| 2007-07-26 | 55.57% |
| 2007-07-24 | 55.56% |
| 2007-07-20 | 55.56% |
| 2007-07-18 | 55.54% |
| 2007-07-16 | 55.55% |
| 2007-07-12 | 55.55% |
| 2007-07-10 | 55.54% |
| 2007-07-06 | 55.54% |
| 2007-07-03 | 55.56% |
| 2007-06-29 | 56.81% |
| 2007-06-27 | 56.81% |
| 2007-06-25 | 56.82% |
| 2007-06-21 | 56.82% |
| 2007-06-19 | 56.84% |
| 2007-06-15 | 56.83% |
| 2007-06-13 | 56.84% |
| 2007-06-11 | 56.81% |
| 2007-06-07 | 56.80% |
| 2007-06-05 | 40.54% |
| 2007-06-01 | 40.53% |
| 2007-05-30 | 30.42% |
| 2007-05-25 | 30.39% |
| 2007-05-23 | 30.41% |
| 2007-05-21 | 30.40% |
| 2007-05-17 | 30.40% |
| 2007-05-15 | 30.39% |
| 2007-05-11 | 30.42% |
| 2007-05-09 | 40.54% |
| 2007-05-07 | 40.54% |
| 2007-05-03 | 40.53% |
| 2007-05-01 | 40.56% |
| 2007-04-27 | 40.52% |
| 2007-04-25 | 40.56% |
| 2007-04-23 | 40.53% |
| 2007-04-19 | 40.54% |
| 2007-04-17 | 40.52% |
| 2007-04-13 | 40.52% |
| 2007-04-11 | 40.53% |
| 2007-04-09 | 40.54% |
Showing the most recent 260 of 322 data points. The chart above shows the full history.
| $0.00 |
| 0.0% |
| 2019-12-31 | $0.05 | $0.00 | 0.0% |
| 2018-12-31 | ($0.31) | $0.00 | N/A (Loss) |
| 2017-12-31 | ($0.03) | $0.00 | N/A (Loss) |
| 2016-12-31 | ($0.20) | $0.00 | N/A (Loss) |
| 2015-12-31 | $0.06 | $0.00 | 0.0% |
| 2014-12-31 | $0.32 | $0.00 | 0.0% |
| 2013-12-31 | $0.75 | $0.00 | 0.0% |
| 2012-12-31 | $1.41 | $0.00 | 0.0% |
| 2011-12-31 | $0.41 | $0.00 | 0.0% |
| 2010-12-31 | $0.51 | $0.00 | 0.0% |
| 2009-12-31 | ($0.60) | $0.19 | N/A (Loss) |
| 2008-12-31 | $1.36 | $0.75 | 55.2% |
| 2007-12-31 | $1.26 | $0.75 | 59.5% |
| 2006-12-31 | $1.31 | $0.75 | 57.3% |