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 54.71% is 39% above its 5-year average of 39.28%, near the low end of its 5-year range (19.79%–148.86%).
As of Monday, November 10, 2025. 33.85% below its 12-month average of 82.71%.
Dividend Payout Ratio (54.71%) = TTM Dividends/Share ($0.64) / TTM EPS ($1.17)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2025-11-10.
DIVIDEND PAYOUT RATIO
54.71%
DIVIDEND PAYOUT RATIO AVG TTM
82.71%
DIVIDEND PAYOUT RATIO AVG 3Y
70.81%
DIVIDEND PAYOUT RATIO AVG 5Y
39.28%
DIVIDEND PAYOUT RATIO AVG 10Y
31.72%
DIVIDEND PAYOUT RATIO AVG 15Y
27.96%
DIVIDEND PAYOUT RATIO AVG 20Y
27.12%
CURRENT VS TTM AVG
-33.85%
CURRENT VS 3Y AVG
-22.73%
CURRENT VS 5Y AVG
+39.31%
CURRENT VS 10Y AVG
+72.49%
CURRENT VS 15Y AVG
+95.72%
CURRENT VS 20Y AVG
+101.77%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($3.14) | $0.64 | N/A (Loss) |
| 2024-12-31 | $0.81 | $0.64 | 79.0% |
| 2023-12-31 | $0.64 | $0.64 | 100.0% |
| 2022-12-31 | $2.14 | $0.62 | 29.0% |
| 2021-12-31 | $1.99 | $0.53 | 26.6% |
| 2020-12-31 | $1.56 |
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 |
|---|---|
| 2025-11-10 | 54.71% |
| 2025-11-07 | 54.72% |
| 2025-11-06 | 54.72% |
| 2025-11-05 | 54.70% |
| 2025-11-04 | 54.70% |
| 2025-11-03 | 54.68% |
| 2025-10-31 | 54.69% |
| 2025-10-30 | 54.71% |
| 2025-10-29 | 54.71% |
| 2025-10-28 | 54.71% |
| 2025-10-27 | 54.71% |
| 2025-10-24 | 54.71% |
| 2025-10-23 | 54.69% |
| 2025-10-22 | 54.70% |
| 2025-10-21 | 54.68% |
| 2025-10-20 | 54.71% |
| 2025-10-17 | 54.68% |
| 2025-10-16 | 54.69% |
| 2025-10-15 | 54.72% |
| 2025-10-14 | 54.69% |
| 2025-10-13 | 54.69% |
| 2025-10-10 | 54.68% |
| 2025-10-09 | 54.70% |
| 2025-10-08 | 54.69% |
| 2025-10-07 | 54.72% |
| 2025-10-06 | 54.70% |
| 2025-10-03 | 68.36% |
| 2025-10-02 | 54.69% |
| 2025-10-01 | 54.70% |
| 2025-09-30 | 54.69% |
| 2025-09-29 | 54.72% |
| 2025-09-26 | 54.72% |
| 2025-09-25 | 54.70% |
| 2025-09-24 | 54.72% |
| 2025-09-23 | 54.71% |
| 2025-09-22 | 54.72% |
| 2025-09-19 | 54.69% |
| 2025-09-18 | 54.69% |
| 2025-09-17 | 54.72% |
| 2025-09-16 | 54.72% |
| 2025-09-15 | 54.71% |
| 2025-09-12 | 54.71% |
| 2025-09-11 | 54.69% |
| 2025-09-10 | 54.70% |
| 2025-09-09 | 54.69% |
| 2025-09-08 | 54.69% |
| 2025-09-05 | 54.70% |
| 2025-09-04 | 54.72% |
| 2025-09-03 | 54.69% |
| 2025-09-02 | 54.71% |
| 2025-08-29 | 54.70% |
| 2025-08-27 | 54.71% |
| 2025-08-25 | 54.68% |
| 2025-08-21 | 54.70% |
| 2025-08-19 | 54.70% |
| 2025-08-15 | 54.69% |
| 2025-08-13 | 54.71% |
| 2025-08-11 | 62.75% |
| 2025-08-07 | 62.77% |
| 2025-08-05 | 62.75% |
| 2025-08-01 | 62.76% |
| 2025-07-30 | 62.74% |
| 2025-07-28 | 62.76% |
| 2025-07-24 | 62.76% |
| 2025-07-22 | 62.75% |
| 2025-07-18 | 62.75% |
| 2025-07-16 | 62.73% |
| 2025-07-14 | 62.75% |
| 2025-07-10 | 62.76% |
| 2025-07-08 | 62.73% |
| 2025-07-03 | 78.44% |
| 2025-07-01 | 62.75% |
| 2025-06-27 | 62.76% |
| 2025-06-25 | 62.73% |
| 2025-06-23 | 62.73% |
| 2025-06-18 | 62.76% |
| 2025-06-16 | 62.73% |
| 2025-06-12 | 62.73% |
| 2025-06-10 | 62.74% |
| 2025-06-06 | 62.75% |
| 2025-06-04 | 62.73% |
| 2025-06-02 | 62.75% |
| 2025-05-29 | 62.75% |
| 2025-05-27 | 62.77% |
| 2025-05-22 | 62.75% |
| 2025-05-20 | 62.74% |
| 2025-05-16 | 62.74% |
| 2025-05-14 | 62.74% |
| 2025-05-12 | 62.74% |
| 2025-05-08 | 80.00% |
| 2025-05-06 | 79.99% |
| 2025-05-02 | 80.02% |
| 2025-04-30 | 80.00% |
| 2025-04-28 | 80.02% |
| 2025-04-24 | 80.01% |
| 2025-04-22 | 79.98% |
| 2025-04-17 | 80.01% |
| 2025-04-15 | 79.99% |
| 2025-04-11 | 80.00% |
| 2025-04-09 | 80.02% |
| 2025-04-07 | 79.99% |
| 2025-04-03 | 80.02% |
| 2025-04-01 | 80.00% |
| 2025-03-28 | 80.00% |
| 2025-03-26 | 80.00% |
| 2025-03-24 | 80.01% |
| 2025-03-20 | 79.99% |
| 2025-03-18 | 79.98% |
| 2025-03-14 | 136.19% |
| 2025-03-12 | 136.17% |
| 2025-03-10 | 136.16% |
| 2025-03-06 | 136.18% |
| 2025-03-04 | 136.15% |
| 2025-02-28 | 136.19% |
| 2025-02-26 | 136.17% |
| 2025-02-24 | 136.17% |
| 2025-02-20 | 136.16% |
| 2025-02-18 | 136.19% |
| 2025-02-13 | 136.16% |
| 2025-02-11 | 136.18% |
| 2025-02-07 | 136.18% |
| 2025-02-05 | 136.15% |
| 2025-02-03 | 136.16% |
| 2025-01-30 | 136.17% |
| 2025-01-28 | 136.18% |
| 2025-01-24 | 136.19% |
| 2025-01-22 | 136.15% |
| 2025-01-17 | 136.17% |
| 2025-01-15 | 136.16% |
| 2025-01-13 | 136.18% |
| 2025-01-08 | 136.16% |
| 2025-01-06 | 136.15% |
| 2025-01-02 | 136.17% |
| 2024-12-30 | 136.17% |
| 2024-12-26 | 136.18% |
| 2024-12-23 | 136.16% |
| 2024-12-19 | 136.19% |
| 2024-12-17 | 136.16% |
| 2024-12-13 | 136.19% |
| 2024-12-11 | 136.18% |
| 2024-12-09 | 136.18% |
| 2024-12-05 | 136.17% |
| 2024-12-03 | 136.18% |
| 2024-11-29 | 136.15% |
| 2024-11-26 | 136.16% |
| 2024-11-22 | 136.16% |
| 2024-11-20 | 136.18% |
| 2024-11-18 | 136.18% |
| 2024-11-14 | 136.18% |
| 2024-11-12 | 148.85% |
| 2024-11-08 | 148.82% |
| 2024-11-06 | 148.84% |
| 2024-11-04 | 148.84% |
| 2024-10-31 | 148.85% |
| 2024-10-29 | 148.83% |
| 2024-10-25 | 148.84% |
| 2024-10-23 | 148.84% |
| 2024-10-21 | 148.83% |
| 2024-10-17 | 148.85% |
| 2024-10-15 | 148.86% |
| 2024-10-11 | 148.84% |
| 2024-10-09 | 148.82% |
| 2024-10-07 | 148.84% |
| 2024-10-03 | 148.83% |
| 2024-10-01 | 148.85% |
| 2024-09-27 | 148.83% |
| 2024-09-25 | 148.83% |
| 2024-09-23 | 148.83% |
| 2024-09-19 | 148.82% |
| 2024-09-17 | 148.85% |
| 2024-09-13 | 148.83% |
| 2024-09-11 | 148.83% |
| 2024-09-09 | 148.84% |
| 2024-09-05 | 148.85% |
| 2024-09-03 | 148.85% |
| 2024-08-29 | 148.85% |
| 2024-08-27 | 148.83% |
| 2024-08-23 | 148.85% |
| 2024-08-21 | 148.85% |
| 2024-08-19 | 148.84% |
| 2024-08-15 | 148.82% |
| 2024-08-13 | 148.84% |
| 2024-08-09 | 118.53% |
| 2024-08-07 | 118.52% |
| 2024-08-05 | 118.52% |
| 2024-08-01 | 118.51% |
| 2024-07-30 | 118.51% |
| 2024-07-26 | 118.50% |
| 2024-07-24 | 118.50% |
| 2024-07-22 | 118.52% |
| 2024-07-18 | 118.53% |
| 2024-07-16 | 118.50% |
| 2024-07-12 | 118.53% |
| 2024-07-10 | 118.52% |
| 2024-07-08 | 118.52% |
| 2024-07-03 | 118.49% |
| 2024-07-01 | 118.52% |
| 2024-06-27 | 118.53% |
| 2024-06-25 | 118.53% |
| 2024-06-21 | 118.52% |
| 2024-06-18 | 118.52% |
| 2024-06-14 | 118.49% |
| 2024-06-12 | 118.54% |
| 2024-06-10 | 118.51% |
| 2024-06-06 | 118.51% |
| 2024-06-04 | 118.50% |
| 2024-05-31 | 118.52% |
| 2024-05-29 | 118.50% |
| 2024-05-24 | 118.54% |
| 2024-05-22 | 118.50% |
| 2024-05-20 | 118.54% |
| 2024-05-16 | 118.50% |
| 2024-05-14 | 118.53% |
| 2024-05-10 | 100.02% |
| 2024-05-08 | 99.99% |
| 2024-05-06 | 99.98% |
| 2024-05-02 | 100.00% |
| 2024-04-30 | 100.01% |
| 2024-04-26 | 100.01% |
| 2024-04-24 | 99.99% |
| 2024-04-22 | 99.98% |
| 2024-04-18 | 99.98% |
| 2024-04-16 | 99.99% |
| 2024-04-12 | 100.02% |
| 2024-04-10 | 100.02% |
| 2024-04-08 | 99.99% |
| 2024-04-04 | 99.98% |
| 2024-04-02 | 99.98% |
| 2024-03-28 | 100.02% |
| 2024-03-26 | 99.98% |
| 2024-03-22 | 99.98% |
| 2024-03-20 | 99.99% |
| 2024-03-18 | 100.00% |
| 2024-03-14 | 37.67% |
| 2024-03-12 | 37.67% |
| 2024-03-08 | 37.65% |
| 2024-03-06 | 37.65% |
| 2024-03-04 | 37.63% |
| 2024-02-29 | 37.63% |
| 2024-02-27 | 37.67% |
| 2024-02-23 | 37.66% |
| 2024-02-21 | 37.63% |
| 2024-02-16 | 37.64% |
| 2024-02-14 | 37.62% |
| 2024-02-12 | 37.67% |
| 2024-02-08 | 37.63% |
| 2024-02-06 | 37.67% |
| 2024-02-02 | 37.64% |
| 2024-01-31 | 37.64% |
| 2024-01-29 | 37.65% |
| 2024-01-25 | 37.66% |
| 2024-01-23 | 37.65% |
| 2024-01-19 | 37.63% |
| 2024-01-17 | 37.67% |
| 2024-01-12 | 37.64% |
| 2024-01-10 | 37.66% |
| 2024-01-08 | 37.66% |
| 2024-01-04 | 47.04% |
| 2024-01-02 | 37.63% |
| 2023-12-28 | 37.66% |
Showing the most recent 260 of 2,541 data points. The chart above shows the full history.
| $0.48 |
| 30.8% |
| 2019-12-31 | $1.53 | $0.44 | 28.8% |
| 2018-12-31 | $1.39 | $0.39 | 27.8% |
| 2017-12-31 | $0.96 | $0.32 | 33.3% |
| 2016-12-31 | $0.79 | $0.27 | 33.8% |
| 2015-12-31 | $0.86 | $0.19 | 22.2% |
| 2014-12-31 | $0.88 | $0.23 | 25.8% |
| 2013-12-31 | $1.00 | $0.19 | 18.7% |
| 2012-12-31 | $1.06 | $0.17 | 15.7% |
| 2011-12-31 | $0.69 | $0.14 | 20.0% |
| 2010-12-31 | $0.55 | $0.13 | 24.4% |
| 2009-12-31 | $0.47 | $0.13 | 28.6% |
| 2008-12-31 | $0.55 | $0.16 | 29.1% |
| 2007-12-31 | $0.50 | $0.11 | 22.9% |
| 2006-12-31 | $0.47 | $0.08 | 17.7% |
| 2005-12-31 | $0.46 | $0.10 | 22.8% |
| 2004-12-31 | $0.46 | $0.10 | 21.0% |
| 2003-12-31 | $0.43 | $0.09 | 20.2% |
| 2002-12-31 | $0.24 | $0.08 | 33.5% |
