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 528.36% is 455% above its 3-year average of 95.15%, near the high end of its 3-year range (10.00%–528.37%).
As of Monday, November 3, 2025. 117.50% above its 12-month average of 242.92%.
Dividend Payout Ratio (528.36%) = TTM Dividends/Share ($1.40) / TTM EPS ($0.26)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2025-11-03.
DIVIDEND PAYOUT RATIO
528.36%
DIVIDEND PAYOUT RATIO AVG TTM
242.92%
DIVIDEND PAYOUT RATIO AVG 3Y
95.15%
DIVIDEND PAYOUT RATIO AVG 5Y
95.15%
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
+117.50%
CURRENT VS 3Y AVG
+455.31%
CURRENT VS 5Y AVG
+455.31%
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 | ($1.42) | $1.00 | N/A (Loss) |
| 2024-12-31 | $1.02 | $1.40 | 137.3% |
| 2023-12-31 | $0.44 | $0.45 | 102.3% |
| 2022-12-31 | $0.71 | $0.28 | 39.4% |
| 2021-12-31 | ($1.94) | $0.00 | N/A (Loss) |
| 2020-12-31 | ($6.12) |
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. For REITs, GAAP earnings understate cash generation (large non-cash depreciation), so read this alongside the FCF payout ratio — FFO/AFFO payout is the industry standard.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2025-11-03 | 528.36% |
| 2025-10-31 | 528.30% |
| 2025-10-30 | 528.29% |
| 2025-10-29 | 528.35% |
| 2025-10-28 | 528.35% |
| 2025-10-27 | 528.35% |
| 2025-10-24 | 528.33% |
| 2025-10-23 | 528.26% |
| 2025-10-22 | 528.35% |
| 2025-10-21 | 528.34% |
| 2025-10-20 | 528.35% |
| 2025-10-17 | 528.27% |
| 2025-10-16 | 528.35% |
| 2025-10-15 | 528.26% |
| 2025-10-14 | 528.35% |
| 2025-10-13 | 528.24% |
| 2025-10-10 | 528.34% |
| 2025-10-09 | 528.35% |
| 2025-10-08 | 528.30% |
| 2025-10-07 | 528.27% |
| 2025-10-06 | 528.28% |
| 2025-10-03 | 528.31% |
| 2025-10-02 | 528.31% |
| 2025-10-01 | 528.27% |
| 2025-09-30 | 528.29% |
| 2025-09-29 | 528.28% |
| 2025-09-26 | 528.28% |
| 2025-09-25 | 528.26% |
| 2025-09-24 | 528.27% |
| 2025-09-23 | 528.27% |
| 2025-09-22 | 528.34% |
| 2025-09-19 | 528.33% |
| 2025-09-18 | 528.26% |
| 2025-09-17 | 528.33% |
| 2025-09-16 | 528.27% |
| 2025-09-15 | 528.33% |
| 2025-09-12 | 528.25% |
| 2025-09-11 | 528.27% |
| 2025-09-10 | 528.28% |
| 2025-09-09 | 528.32% |
| 2025-09-08 | 528.30% |
| 2025-09-05 | 528.27% |
| 2025-09-04 | 528.32% |
| 2025-09-03 | 528.35% |
| 2025-09-02 | 528.34% |
| 2025-08-29 | 528.33% |
| 2025-08-28 | 528.33% |
| 2025-08-27 | 528.25% |
| 2025-08-26 | 528.29% |
| 2025-08-25 | 528.33% |
| 2025-08-22 | 528.31% |
| 2025-08-21 | 528.29% |
| 2025-08-20 | 528.30% |
| 2025-08-19 | 528.36% |
| 2025-08-18 | 528.24% |
| 2025-08-15 | 528.30% |
| 2025-08-14 | 528.31% |
| 2025-08-13 | 528.32% |
| 2025-08-12 | 528.35% |
| 2025-08-11 | 528.36% |
| 2025-08-08 | 528.34% |
| 2025-08-07 | 528.26% |
| 2025-08-06 | 528.24% |
| 2025-08-05 | 528.28% |
| 2025-08-04 | 528.37% |
| 2025-08-01 | 237.34% |
| 2025-07-31 | 237.32% |
| 2025-07-30 | 237.26% |
| 2025-07-29 | 237.28% |
| 2025-07-28 | 237.31% |
| 2025-07-25 | 237.33% |
| 2025-07-24 | 237.23% |
| 2025-07-23 | 237.27% |
| 2025-07-22 | 237.29% |
| 2025-07-21 | 237.35% |
| 2025-07-18 | 237.23% |
| 2025-07-17 | 237.35% |
| 2025-07-16 | 237.33% |
| 2025-07-15 | 237.34% |
| 2025-07-14 | 237.30% |
| 2025-07-11 | 237.25% |
| 2025-07-10 | 237.28% |
| 2025-07-09 | 237.34% |
| 2025-07-08 | 237.31% |
| 2025-07-07 | 237.34% |
| 2025-07-03 | 237.25% |
| 2025-07-02 | 237.35% |
| 2025-07-01 | 237.28% |
| 2025-06-30 | 237.30% |
| 2025-06-27 | 237.32% |
| 2025-06-26 | 237.28% |
| 2025-06-25 | 237.34% |
| 2025-06-24 | 237.34% |
| 2025-06-23 | 237.33% |
| 2025-06-20 | 237.33% |
| 2025-06-18 | 237.27% |
| 2025-06-17 | 237.27% |
| 2025-06-16 | 237.35% |
| 2025-06-13 | 237.29% |
| 2025-06-12 | 237.26% |
| 2025-06-11 | 237.32% |
| 2025-06-10 | 237.29% |
| 2025-06-09 | 237.24% |
| 2025-06-06 | 237.33% |
| 2025-06-05 | 237.25% |
| 2025-06-04 | 237.32% |
| 2025-06-03 | 237.30% |
| 2025-06-02 | 237.24% |
| 2025-05-30 | 237.30% |
| 2025-05-29 | 237.29% |
| 2025-05-28 | 237.24% |
| 2025-05-27 | 237.31% |
| 2025-05-23 | 237.33% |
| 2025-05-22 | 237.29% |
| 2025-05-21 | 237.26% |
| 2025-05-20 | 237.30% |
| 2025-05-19 | 237.35% |
| 2025-05-16 | 237.28% |
| 2025-05-15 | 237.34% |
| 2025-05-14 | 237.23% |
| 2025-05-13 | 237.30% |
| 2025-05-12 | 237.26% |
| 2025-05-09 | 237.24% |
| 2025-05-08 | 237.23% |
| 2025-05-07 | 237.30% |
| 2025-05-06 | 237.24% |
| 2025-05-05 | 138.62% |
| 2025-05-02 | 138.64% |
| 2025-05-01 | 138.61% |
| 2025-04-30 | 138.59% |
| 2025-04-29 | 138.59% |
| 2025-04-28 | 138.61% |
| 2025-04-25 | 138.60% |
| 2025-04-24 | 138.60% |
| 2025-04-23 | 138.58% |
| 2025-04-22 | 138.57% |
| 2025-04-21 | 138.55% |
| 2025-04-17 | 138.58% |
| 2025-04-16 | 138.68% |
| 2025-04-15 | 138.56% |
| 2025-04-14 | 138.55% |
| 2025-04-11 | 138.68% |
| 2025-04-10 | 138.66% |
| 2025-04-09 | 138.61% |
| 2025-04-08 | 138.58% |
| 2025-04-07 | 138.61% |
| 2025-04-04 | 138.65% |
| 2025-04-03 | 138.56% |
| 2025-04-02 | 138.58% |
| 2025-04-01 | 138.57% |
| 2025-03-31 | 138.56% |
| 2025-03-28 | 113.84% |
| 2025-03-27 | 113.87% |
| 2025-03-26 | 138.63% |
| 2025-03-25 | 138.64% |
| 2025-03-24 | 138.66% |
| 2025-03-21 | 138.62% |
| 2025-03-20 | 138.67% |
| 2025-03-19 | 138.56% |
| 2025-03-18 | 138.67% |
| 2025-03-17 | 138.57% |
| 2025-03-14 | 138.64% |
| 2025-03-13 | 138.59% |
| 2025-03-12 | 138.66% |
| 2025-03-11 | 138.57% |
| 2025-03-10 | 138.61% |
| 2025-03-07 | 138.64% |
| 2025-03-06 | 138.59% |
| 2025-03-05 | 138.59% |
| 2025-03-04 | 138.57% |
| 2025-03-03 | 138.60% |
| 2025-02-28 | 138.63% |
| 2025-02-27 | 138.63% |
| 2025-02-26 | 138.64% |
| 2025-02-25 | 138.64% |
| 2025-02-24 | 138.66% |
| 2025-02-21 | 138.56% |
| 2025-02-20 | 89.18% |
| 2025-02-19 | 89.20% |
| 2025-02-18 | 89.15% |
| 2025-02-14 | 89.13% |
| 2025-02-13 | 89.13% |
| 2025-02-12 | 89.22% |
| 2025-02-11 | 89.19% |
| 2025-02-10 | 89.15% |
| 2025-02-07 | 89.16% |
| 2025-02-06 | 89.16% |
| 2025-02-05 | 89.19% |
| 2025-02-04 | 89.13% |
| 2025-02-03 | 89.13% |
| 2025-01-31 | 89.15% |
| 2025-01-30 | 89.21% |
| 2025-01-29 | 89.14% |
| 2025-01-28 | 89.19% |
| 2025-01-27 | 89.22% |
| 2025-01-24 | 89.21% |
| 2025-01-23 | 89.20% |
| 2025-01-22 | 89.22% |
| 2025-01-21 | 89.13% |
| 2025-01-17 | 89.22% |
| 2025-01-16 | 89.15% |
| 2025-01-15 | 89.17% |
| 2025-01-14 | 89.15% |
| 2025-01-13 | 89.21% |
| 2025-01-10 | 89.13% |
| 2025-01-08 | 89.17% |
| 2025-01-07 | 89.17% |
| 2025-01-06 | 89.22% |
| 2025-01-03 | 89.19% |
| 2025-01-02 | 89.20% |
| 2024-12-31 | 89.15% |
| 2024-12-30 | 47.77% |
| 2024-12-27 | 47.75% |
| 2024-12-26 | 47.76% |
| 2024-12-24 | 47.78% |
| 2024-12-23 | 47.77% |
| 2024-12-20 | 47.78% |
| 2024-12-19 | 47.79% |
| 2024-12-18 | 47.78% |
| 2024-12-17 | 47.79% |
| 2024-12-16 | 47.78% |
| 2024-12-13 | 47.76% |
| 2024-12-12 | 47.76% |
| 2024-12-11 | 47.75% |
| 2024-12-10 | 47.76% |
| 2024-12-09 | 47.77% |
| 2024-12-06 | 47.78% |
| 2024-12-05 | 47.79% |
| 2024-12-04 | 47.79% |
| 2024-12-03 | 47.77% |
| 2024-12-02 | 47.79% |
| 2024-11-29 | 47.75% |
| 2024-11-27 | 47.77% |
| 2024-11-26 | 47.75% |
| 2024-11-25 | 47.76% |
| 2024-11-22 | 47.79% |
| 2024-11-21 | 47.77% |
| 2024-11-20 | 47.75% |
| 2024-11-19 | 47.78% |
| 2024-11-18 | 47.79% |
| 2024-11-15 | 47.77% |
| 2024-11-14 | 47.76% |
| 2024-11-13 | 47.75% |
| 2024-11-12 | 47.76% |
| 2024-11-11 | 47.80% |
| 2024-11-08 | 47.77% |
| 2024-11-07 | 47.77% |
| 2024-11-06 | 47.78% |
| 2024-11-05 | 47.78% |
| 2024-11-04 | 47.76% |
| 2024-11-01 | 47.80% |
| 2024-10-31 | 47.79% |
| 2024-10-30 | 52.06% |
| 2024-10-29 | 52.10% |
| 2024-10-28 | 52.06% |
| 2024-10-25 | 52.11% |
| 2024-10-24 | 52.06% |
| 2024-10-23 | 52.07% |
| 2024-10-22 | 52.09% |
| 2024-10-21 | 52.06% |
Showing the most recent 260 of 1,393 data points. The chart above shows the full history.
| $0.45 |
| N/A (Loss) |
| 2019-12-31 | $1.44 | $1.90 | 131.9% |
| 2018-12-31 | $2.33 | $2.44 | 104.7% |
| 2017-12-31 | $12.38 | $1.84 | 14.9% |
