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 48.92% is 71% below its 5-year average of 170.51%, near the low end of its 5-year range (48.92%–307.85%).
As of Sunday, July 26, 2026. 0.01% below its 12-month average of 48.93%.
Dividend Payout Ratio (48.92%) = TTM Dividends/Share ($1.60) / TTM EPS ($3.27)
DIVIDEND PAYOUT RATIO
48.92%
DIVIDEND PAYOUT RATIO AVG TTM
48.93%
DIVIDEND PAYOUT RATIO AVG 3Y
84.39%
DIVIDEND PAYOUT RATIO AVG 5Y
170.51%
DIVIDEND PAYOUT RATIO AVG 10Y
73.91%
DIVIDEND PAYOUT RATIO AVG 15Y
56.85%
DIVIDEND PAYOUT RATIO AVG 20Y
48.12%
CURRENT VS TTM AVG
-0.01%
CURRENT VS 3Y AVG
-42.03%
CURRENT VS 5Y AVG
-71.31%
CURRENT VS 10Y AVG
-33.80%
CURRENT VS 15Y AVG
-13.94%
CURRENT VS 20Y AVG
+1.67%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | ($1.46) | $1.60 | N/A (Loss) |
| 2024 | $0.95 | $1.60 | 168.4% |
| 2023 | ($10.06) | $3.24 | N/A (Loss) |
| 2022 | ($7.20) | $3.20 | N/A (Loss) |
| 2021 | $1.10 | $3.12 | 283.6% |
| 2020 | $3.25 | $3.04 |
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 |
|---|---|
| 2026-07-24 | 48.92% |
| 2026-07-23 | 48.93% |
| 2026-07-22 | 48.93% |
| 2026-07-21 | 48.93% |
| 2026-07-20 | 48.93% |
| 2026-07-17 | 48.92% |
| 2026-07-16 | 48.93% |
| 2026-07-15 | 48.93% |
| 2026-07-14 | 48.92% |
| 2026-07-13 | 48.94% |
| 2026-07-10 | 48.93% |
| 2026-07-09 | 48.94% |
| 2026-07-08 | 48.93% |
| 2026-07-07 | 48.92% |
| 2026-07-06 | 48.93% |
| 2026-07-02 | 48.94% |
| 2026-07-01 | 48.94% |
| 2026-06-30 | 48.94% |
| 2026-06-29 | 48.92% |
| 2026-06-26 | 48.93% |
| 2026-06-25 | 48.93% |
| 2026-06-24 | 48.93% |
| 2026-06-23 | 48.94% |
| 2026-06-22 | 48.94% |
| 2026-06-18 | 61.16% |
| 2026-06-17 | 48.94% |
| 2026-06-16 | 48.94% |
| 2026-06-15 | 48.92% |
| 2026-06-12 | 48.94% |
| 2026-06-11 | 48.92% |
| 2026-06-10 | 48.93% |
| 2026-06-09 | 48.92% |
| 2026-06-08 | 48.93% |
| 2026-06-05 | 48.94% |
| 2026-06-04 | 48.92% |
| 2026-06-03 | 48.94% |
| 2026-06-02 | 48.94% |
| 2026-06-01 | 48.93% |
| 2026-05-29 | 48.94% |
| 2026-05-28 | 48.92% |
| 2026-05-27 | 48.94% |
| 2026-05-26 | 48.93% |
| 2026-05-22 | 48.93% |
| 2026-05-21 | 48.92% |
| 2026-05-20 | 48.93% |
| 2026-05-19 | 48.94% |
| 2026-05-18 | 48.93% |
| 2026-05-15 | 48.92% |
| 2026-05-14 | 48.93% |
| 2026-05-13 | 48.92% |
| 2026-05-12 | 48.94% |
| 2026-05-11 | 48.92% |
| 2026-05-08 | 48.94% |
| 2026-05-07 | 48.92% |
| 2026-05-06 | 48.93% |
| 2026-05-05 | 48.92% |
| 2025-05-02 | 170.22% |
| 2025-04-30 | 170.22% |
| 2025-04-28 | 170.21% |
| 2025-04-24 | 170.21% |
| 2025-04-22 | 170.20% |
| 2025-04-17 | 170.22% |
| 2025-04-15 | 170.22% |
| 2025-04-11 | 170.21% |
| 2025-04-09 | 170.22% |
| 2025-04-07 | 170.21% |
| 2025-04-03 | 170.21% |
| 2025-04-01 | 170.21% |
| 2025-03-28 | 170.21% |
| 2025-03-26 | 170.22% |
| 2025-03-24 | 170.22% |
| 2025-03-20 | 170.21% |
| 2025-03-18 | 170.22% |
| 2025-03-14 | 170.20% |
| 2025-03-12 | 170.22% |
| 2025-03-10 | 170.22% |
| 2025-03-06 | 170.22% |
| 2025-03-04 | 170.21% |
| 2025-02-28 | 170.21% |
| 2022-11-03 | 127.19% |
| 2022-11-01 | 127.20% |
| 2022-10-28 | 127.19% |
| 2022-10-26 | 127.19% |
| 2022-10-24 | 127.19% |
| 2022-10-20 | 127.19% |
| 2022-10-18 | 127.21% |
| 2022-10-14 | 127.19% |
| 2022-10-12 | 127.21% |
| 2022-10-10 | 127.21% |
| 2022-10-06 | 127.20% |
| 2022-10-04 | 127.21% |
| 2022-09-30 | 127.19% |
| 2022-09-28 | 127.21% |
| 2022-09-26 | 127.19% |
| 2022-09-22 | 158.78% |
| 2022-09-20 | 126.39% |
| 2022-09-16 | 126.40% |
| 2022-09-14 | 126.39% |
| 2022-09-12 | 126.41% |
| 2022-09-08 | 126.39% |
| 2022-09-06 | 126.39% |
| 2022-09-01 | 126.41% |
| 2022-08-30 | 126.39% |
| 2022-08-26 | 126.41% |
| 2022-08-24 | 126.40% |
| 2022-08-22 | 126.40% |
| 2022-08-18 | 126.40% |
| 2022-08-16 | 126.40% |
| 2022-08-12 | 126.41% |
| 2022-08-10 | 126.40% |
| 2022-08-08 | 126.39% |
| 2022-08-04 | 144.96% |
| 2022-08-02 | 144.95% |
| 2022-07-29 | 144.94% |
| 2022-07-27 | 144.94% |
| 2022-07-25 | 144.96% |
| 2022-07-21 | 144.94% |
| 2022-07-19 | 144.95% |
| 2022-07-15 | 144.95% |
| 2022-07-13 | 144.94% |
| 2022-07-11 | 144.95% |
| 2022-07-07 | 144.95% |
| 2022-07-05 | 144.95% |
| 2022-06-30 | 144.95% |
| 2022-06-28 | 144.96% |
| 2022-06-24 | 144.95% |
| 2022-06-22 | 144.04% |
| 2022-06-17 | 144.03% |
| 2022-06-15 | 144.04% |
| 2022-06-13 | 144.03% |
| 2022-06-09 | 144.04% |
| 2022-06-07 | 144.05% |
| 2022-06-03 | 144.03% |
| 2022-06-01 | 144.03% |
| 2022-05-27 | 144.03% |
| 2022-05-25 | 144.03% |
| 2022-05-23 | 144.03% |
| 2022-05-19 | 144.04% |
| 2022-05-17 | 144.05% |
| 2022-05-13 | 144.03% |
| 2022-05-11 | 144.05% |
| 2022-05-09 | 144.03% |
| 2022-05-05 | 307.84% |
| 2022-05-03 | 307.84% |
| 2022-04-29 | 307.84% |
| 2022-04-27 | 307.83% |
| 2022-04-25 | 307.85% |
| 2022-04-21 | 307.84% |
| 2022-04-19 | 307.85% |
| 2022-04-14 | 307.84% |
| 2022-04-12 | 307.84% |
| 2022-04-08 | 307.83% |
| 2022-04-06 | 307.85% |
| 2022-04-04 | 307.83% |
| 2022-03-31 | 307.83% |
| 2022-03-29 | 307.84% |
| 2022-03-25 | 307.84% |
| 2022-03-23 | 305.89% |
| 2022-03-21 | 305.89% |
| 2022-03-17 | 305.89% |
| 2022-03-15 | 305.89% |
| 2022-03-11 | 305.87% |
| 2022-03-09 | 305.88% |
| 2022-03-07 | 305.87% |
| 2022-03-03 | 305.88% |
| 2022-03-01 | 305.88% |
| 2022-02-25 | 251.62% |
| 2022-02-23 | 251.61% |
| 2022-02-18 | 251.61% |
| 2022-02-16 | 251.61% |
| 2022-02-14 | 251.62% |
| 2022-02-10 | 251.61% |
| 2022-02-08 | 251.62% |
| 2022-02-04 | 251.61% |
| 2022-02-02 | 251.61% |
| 2022-01-31 | 251.62% |
| 2022-01-27 | 251.61% |
| 2022-01-25 | 251.62% |
| 2022-01-21 | 251.61% |
| 2022-01-19 | 251.61% |
| 2022-01-14 | 251.61% |
| 2022-01-12 | 251.60% |
| 2022-01-10 | 251.62% |
| 2022-01-06 | 251.60% |
| 2022-01-04 | 251.61% |
| 2021-12-31 | 251.61% |
| 2021-12-29 | 251.61% |
| 2021-12-27 | 251.60% |
| 2021-12-22 | 249.99% |
| 2021-12-20 | 250.00% |
| 2021-12-16 | 250.00% |
| 2021-12-14 | 250.00% |
| 2021-12-10 | 250.01% |
| 2021-12-08 | 249.99% |
| 2021-12-06 | 250.01% |
| 2021-12-02 | 250.01% |
| 2021-11-30 | 249.99% |
| 2021-11-26 | 250.00% |
| 2021-11-23 | 250.01% |
| 2021-11-19 | 250.00% |
| 2021-11-17 | 250.00% |
| 2021-11-15 | 250.00% |
| 2021-11-11 | 250.00% |
| 2021-11-09 | 249.99% |
| 2021-11-05 | 252.04% |
| 2021-11-03 | 252.03% |
| 2021-11-01 | 252.04% |
| 2021-10-28 | 252.04% |
| 2021-10-26 | 252.04% |
| 2021-10-22 | 252.04% |
| 2021-10-20 | 252.03% |
| 2021-10-18 | 252.03% |
| 2021-10-14 | 252.04% |
| 2021-10-12 | 252.04% |
| 2021-10-08 | 252.04% |
| 2021-10-06 | 252.04% |
| 2021-10-04 | 252.04% |
| 2021-09-30 | 252.04% |
| 2021-09-28 | 252.03% |
| 2021-09-24 | 252.04% |
| 2021-09-22 | 250.40% |
| 2021-09-20 | 250.40% |
| 2021-09-16 | 250.41% |
| 2021-09-14 | 250.41% |
| 2021-09-10 | 250.40% |
| 2021-09-08 | 250.41% |
| 2021-09-03 | 250.40% |
| 2021-09-01 | 250.42% |
| 2021-08-30 | 250.41% |
| 2021-08-26 | 250.41% |
| 2021-08-24 | 250.41% |
| 2021-08-20 | 250.41% |
| 2021-08-18 | 250.41% |
| 2021-08-16 | 250.40% |
| 2021-08-12 | 250.40% |
| 2021-08-10 | 250.40% |
| 2021-08-06 | 250.40% |
| 2021-08-04 | 165.60% |
| 2021-08-02 | 165.58% |
| 2021-07-29 | 165.60% |
| 2021-07-27 | 165.58% |
| 2021-07-23 | 165.60% |
| 2021-07-21 | 165.60% |
| 2021-07-19 | 165.60% |
| 2021-07-15 | 165.59% |
| 2021-07-13 | 165.59% |
| 2021-07-09 | 165.59% |
| 2021-07-07 | 165.59% |
| 2021-07-02 | 165.59% |
| 2021-06-30 | 165.59% |
| 2021-06-28 | 165.58% |
| 2021-06-24 | 165.60% |
| 2021-06-22 | 164.51% |
| 2021-06-18 | 164.51% |
| 2021-06-16 | 164.52% |
| 2021-06-14 | 164.52% |
| 2021-06-10 | 164.53% |
| 2021-06-08 | 164.51% |
| 2021-06-04 | 164.51% |
| 2021-06-02 | 164.51% |
Showing the most recent 260 of 2,130 data points. The chart above shows the full history.
| 93.5% |
| 2019 | $4.04 | $2.96 | 73.3% |
| 2018 | $3.85 | $2.84 | 73.8% |
| 2017 | $3.73 | $2.66 | 71.3% |
| 2016 | $5.07 | $2.40 | 47.3% |
| 2015 | $5.19 | $2.06 | 39.7% |
| 2014 | $5.09 | $1.72 | 33.8% |
| 2013 | $4.32 | $1.46 | 33.8% |
| 2012 | $3.11 | $1.30 | 41.8% |
| 2011 | $3.30 | $1.16 | 35.2% |
| 2010 | $3.29 | $1.04 | 31.6% |
| 2009 | $2.48 | $1.00 | 40.3% |
| 2008 | $2.89 | $0.96 | 33.2% |
| 2007 | $2.86 | $0.88 | 30.8% |
| 2006 | $2.50 | $0.76 | 30.6% |
| 2005 | $2.06 | $0.73 | 35.4% |
| 2004 | $2.08 | $0.69 | 32.9% |
| 2003 | $1.84 | $0.63 | 34.2% |
| 2002 | $1.86 | $0.60 | 32.3% |
| 2001 | $1.21 | $0.60 | 49.6% |
| 2000 | $1.22 | $1.29 | 105.7% |
| 1999 | $1.53 | $1.52 | 99.3% |
| 1998 | $1.90 | $1.49 | 78.4% |
| 1997 | $2.00 | $1.45 | 72.5% |
| 1996 | $1.71 | $1.38 | 80.7% |