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 22.03% is in line with its 1-year average of 22.66%, near the low end of its 1-year range (22.03%–23.39%).
As of Wednesday, December 18, 2013. 2.78% below its 12-month average of 22.66%.
Dividend Payout Ratio (22.03%) = TTM Dividends/Share ($0.65) / TTM EPS ($2.95)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2013-12-18.
DIVIDEND PAYOUT RATIO
22.03%
DIVIDEND PAYOUT RATIO AVG TTM
22.66%
DIVIDEND PAYOUT RATIO AVG 3Y
N/A
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
-2.78%
CURRENT VS 3Y AVG
N/A
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 | $0.73 | $0.00 | 0.0% |
| 2024-12-31 | ($4.09) | $0.00 | N/A (Loss) |
| 2023-12-31 | $4.64 | $0.00 | 0.0% |
| 2022-12-31 | $2.17 | $0.00 | 0.0% |
| 2021-12-31 | $5.21 | $0.00 | 0.0% |
| 2020-12-31 | $3.00 |
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 |
|---|---|
| 2013-12-18 | 22.03% |
| 2013-12-17 | 22.04% |
| 2013-12-16 | 22.04% |
| 2013-12-13 | 22.03% |
| 2013-12-12 | 22.03% |
| 2013-12-11 | 22.03% |
| 2013-12-10 | 22.04% |
| 2013-12-09 | 22.04% |
| 2013-12-06 | 22.04% |
| 2013-12-05 | 22.03% |
| 2013-12-04 | 22.03% |
| 2013-12-03 | 22.04% |
| 2013-12-02 | 22.04% |
| 2013-11-29 | 22.03% |
| 2013-11-27 | 22.03% |
| 2013-11-26 | 22.04% |
| 2013-11-25 | 22.04% |
| 2013-11-22 | 22.03% |
| 2013-11-21 | 22.03% |
| 2013-11-20 | 22.03% |
| 2013-11-19 | 22.04% |
| 2013-11-18 | 22.04% |
| 2013-11-15 | 22.03% |
| 2013-11-14 | 22.04% |
| 2013-11-13 | 22.03% |
| 2013-11-12 | 22.03% |
| 2013-11-11 | 22.03% |
| 2013-11-08 | 22.04% |
| 2013-11-07 | 22.03% |
| 2013-11-06 | 22.04% |
| 2013-11-05 | 22.04% |
| 2013-11-04 | 22.03% |
| 2013-11-01 | 22.03% |
| 2013-10-31 | 22.03% |
| 2013-10-30 | 22.03% |
| 2013-10-29 | 22.04% |
| 2013-10-28 | 22.04% |
| 2013-10-25 | 22.04% |
| 2013-10-24 | 22.04% |
| 2013-10-23 | 22.03% |
| 2013-10-22 | 22.03% |
| 2013-10-21 | 22.03% |
| 2013-10-18 | 22.03% |
| 2013-10-17 | 22.04% |
| 2013-10-16 | 22.04% |
| 2013-10-15 | 22.03% |
| 2013-10-14 | 22.04% |
| 2013-10-11 | 22.03% |
| 2013-10-10 | 22.04% |
| 2013-10-09 | 22.03% |
| 2013-10-08 | 22.03% |
| 2013-10-07 | 22.04% |
| 2013-10-04 | 22.03% |
| 2013-10-03 | 22.04% |
| 2013-10-02 | 22.03% |
| 2013-10-01 | 22.03% |
| 2013-09-30 | 22.03% |
| 2013-09-27 | 22.03% |
| 2013-09-26 | 22.03% |
| 2013-09-25 | 22.04% |
| 2013-09-24 | 22.03% |
| 2013-09-23 | 22.03% |
| 2013-09-20 | 22.03% |
| 2013-09-19 | 22.03% |
| 2013-09-18 | 22.03% |
| 2013-09-17 | 22.03% |
| 2013-09-16 | 22.03% |
| 2013-09-13 | 22.03% |
| 2013-09-12 | 22.03% |
| 2013-09-11 | 22.03% |
| 2013-09-10 | 22.03% |
| 2013-09-09 | 22.03% |
| 2013-09-06 | 22.04% |
| 2013-09-05 | 22.03% |
| 2013-09-04 | 22.03% |
| 2013-09-03 | 22.04% |
| 2013-08-30 | 22.03% |
| 2013-08-29 | 22.04% |
| 2013-08-28 | 22.04% |
| 2013-08-27 | 22.03% |
| 2013-08-26 | 22.03% |
| 2013-08-23 | 22.03% |
| 2013-08-22 | 22.03% |
| 2013-08-21 | 22.04% |
| 2013-08-20 | 22.03% |
| 2013-08-19 | 22.03% |
| 2013-08-16 | 22.03% |
| 2013-08-15 | 22.03% |
| 2013-08-14 | 22.04% |
| 2013-08-13 | 22.03% |
| 2013-08-12 | 22.03% |
| 2013-08-09 | 22.04% |
| 2013-08-08 | 22.65% |
| 2013-08-07 | 22.65% |
| 2013-08-06 | 22.65% |
| 2013-08-05 | 22.65% |
| 2013-08-02 | 22.64% |
| 2013-08-01 | 22.64% |
| 2013-07-31 | 22.65% |
| 2013-07-30 | 22.65% |
| 2013-07-29 | 22.65% |
| 2013-07-26 | 22.64% |
| 2013-07-25 | 22.65% |
| 2013-07-24 | 22.65% |
| 2013-07-23 | 22.65% |
| 2013-07-22 | 22.65% |
| 2013-07-19 | 22.65% |
| 2013-07-18 | 22.65% |
| 2013-07-17 | 22.65% |
| 2013-07-16 | 22.64% |
| 2013-07-15 | 22.65% |
| 2013-07-12 | 22.65% |
| 2013-07-11 | 22.65% |
| 2013-07-10 | 22.65% |
| 2013-07-09 | 22.65% |
| 2013-07-08 | 22.65% |
| 2013-07-05 | 22.65% |
| 2013-07-03 | 22.64% |
| 2013-07-02 | 22.65% |
| 2013-07-01 | 22.65% |
| 2013-06-28 | 22.65% |
| 2013-06-27 | 22.64% |
| 2013-06-26 | 22.65% |
| 2013-06-25 | 22.65% |
| 2013-06-24 | 22.65% |
| 2013-06-21 | 22.65% |
| 2013-06-20 | 22.65% |
| 2013-06-19 | 22.65% |
| 2013-06-18 | 22.65% |
| 2013-06-17 | 22.65% |
| 2013-06-14 | 22.65% |
| 2013-06-13 | 22.64% |
| 2013-06-12 | 22.65% |
| 2013-06-11 | 22.65% |
| 2013-06-10 | 22.65% |
| 2013-06-07 | 22.65% |
| 2013-06-06 | 22.65% |
| 2013-06-05 | 22.65% |
| 2013-06-04 | 22.65% |
| 2013-06-03 | 22.65% |
| 2013-05-31 | 22.65% |
| 2013-05-30 | 22.65% |
| 2013-05-29 | 22.65% |
| 2013-05-28 | 22.65% |
| 2013-05-24 | 22.65% |
| 2013-05-23 | 22.65% |
| 2013-05-22 | 22.65% |
| 2013-05-21 | 22.65% |
| 2013-05-20 | 22.64% |
| 2013-05-17 | 22.65% |
| 2013-05-16 | 22.65% |
| 2013-05-15 | 22.65% |
| 2013-05-14 | 22.65% |
| 2013-05-13 | 22.64% |
| 2013-05-10 | 23.13% |
| 2013-05-09 | 23.13% |
| 2013-05-08 | 23.13% |
| 2013-05-07 | 23.13% |
| 2013-05-06 | 23.13% |
| 2013-05-03 | 23.13% |
| 2013-05-02 | 23.13% |
| 2013-05-01 | 23.13% |
| 2013-04-30 | 23.13% |
| 2013-04-29 | 23.13% |
| 2013-04-26 | 23.13% |
| 2013-04-25 | 23.13% |
| 2013-04-24 | 23.14% |
| 2013-04-23 | 23.13% |
| 2013-04-22 | 23.13% |
| 2013-04-19 | 23.13% |
| 2013-04-18 | 23.14% |
| 2013-04-17 | 23.13% |
| 2013-04-16 | 23.13% |
| 2013-04-15 | 23.14% |
| 2013-04-12 | 23.14% |
| 2013-04-11 | 23.13% |
| 2013-04-10 | 23.13% |
| 2013-04-09 | 23.13% |
| 2013-04-08 | 23.13% |
| 2013-04-05 | 23.13% |
| 2013-04-04 | 23.13% |
| 2013-04-03 | 23.13% |
| 2013-04-02 | 23.13% |
| 2013-04-01 | 23.13% |
| 2013-03-28 | 23.13% |
| 2013-03-27 | 23.13% |
| 2013-03-26 | 23.14% |
| 2013-03-25 | 23.13% |
| 2013-03-22 | 23.13% |
| 2013-03-21 | 23.13% |
| 2013-03-20 | 23.14% |
| 2013-03-19 | 23.14% |
| 2013-03-18 | 23.13% |
| 2013-03-15 | 23.14% |
| 2013-03-14 | 23.14% |
| 2013-03-13 | 23.14% |
| 2013-03-12 | 23.13% |
| 2013-03-11 | 23.13% |
| 2013-03-08 | 23.14% |
| 2013-03-07 | 23.13% |
| 2013-03-06 | 23.14% |
| 2013-03-05 | 23.13% |
| 2013-03-04 | 23.13% |
| 2013-03-01 | 23.13% |
| 2013-02-28 | 23.38% |
| 2013-02-27 | 23.38% |
| 2013-02-26 | 23.38% |
| 2013-02-25 | 23.38% |
| 2013-02-22 | 23.38% |
| 2013-02-21 | 23.38% |
| 2013-02-20 | 23.38% |
| 2013-02-19 | 23.39% |
| 2013-02-15 | 23.39% |
| 2013-02-14 | 23.38% |
| 2013-02-13 | 23.38% |
| 2013-02-12 | 23.38% |
| 2013-02-11 | 23.38% |
| 2013-02-08 | 23.38% |
| 2013-02-07 | 23.38% |
| 2013-02-06 | 23.38% |
| 2013-02-05 | 23.39% |
| 2013-02-04 | 23.38% |
| 2013-02-01 | 23.38% |
| 2013-01-31 | 23.38% |
| 2013-01-30 | 23.38% |
| 2013-01-29 | 23.38% |
| 2013-01-28 | 23.38% |
| 2013-01-25 | 23.38% |
| 2013-01-24 | 23.38% |
| 2013-01-23 | 23.38% |
| 2013-01-22 | 23.38% |
| 2013-01-18 | 23.38% |
| 2013-01-17 | 23.38% |
| 2013-01-16 | 23.38% |
| 2013-01-15 | 23.38% |
| 2013-01-14 | 23.39% |
| 2013-01-11 | 23.38% |
| 2013-01-10 | 23.39% |
| 2013-01-09 | 23.39% |
| 2013-01-08 | 23.38% |
| 2013-01-07 | 23.38% |
| 2013-01-04 | 23.38% |
| 2013-01-03 | 23.38% |
| 2013-01-02 | 23.38% |
| 2012-12-31 | 23.38% |
| 2012-12-28 | 23.38% |
| 2012-12-27 | 23.38% |
| 2012-12-26 | 23.38% |
| 2012-12-24 | 23.38% |
| 2012-12-21 | 23.38% |
| 2012-12-20 | 23.39% |
| 2012-12-19 | 23.38% |
| $0.00 |
| 0.0% |
| 2019-12-31 | $3.40 | $0.00 | 0.0% |
| 2018-12-31 | $7.55 | $0.00 | 0.0% |
| 2017-12-31 | $6.50 | $0.00 | 0.0% |
| 2016-12-31 | $4.91 | $0.00 | 0.0% |
| 2015-12-31 | $4.59 | $0.00 | 0.0% |
| 2014-12-31 | $3.85 | $0.00 | 0.0% |
| 2013-12-31 | $3.02 | $0.00 | 0.0% |
| 2012-12-31 | $2.87 | $0.65 | 22.6% |
