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 190.12% is 42% above its 5-year average of 133.77%, near the high end of its 5-year range (101.25%–207.85%).
As of Monday, July 27, 2026. 20.40% above its 12-month average of 157.90%.
Dividend Payout Ratio (190.12%) = TTM Dividends/Share ($1.73) / TTM EPS ($0.91)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-07-27.
DIVIDEND PAYOUT RATIO
190.12%
DIVIDEND PAYOUT RATIO AVG TTM
157.90%
DIVIDEND PAYOUT RATIO AVG 3Y
135.33%
DIVIDEND PAYOUT RATIO AVG 5Y
133.77%
DIVIDEND PAYOUT RATIO AVG 10Y
148.21%
DIVIDEND PAYOUT RATIO AVG 15Y
N/A
DIVIDEND PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+20.40%
CURRENT VS 3Y AVG
+40.49%
CURRENT VS 5Y AVG
+42.12%
CURRENT VS 10Y AVG
+28.28%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | $0.86 | $1.72 | 200.0% |
| 2024-12-31 | $1.20 | $1.67 | 139.2% |
| 2023-12-31 | $1.12 | $1.52 | 135.7% |
| 2022-12-31 | $0.92 | $1.26 | 137.0% |
| 2021-12-31 | $0.80 | $0.96 | 120.0% |
| 2020-12-31 | $0.51 |
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 |
|---|---|
| 2026-07-27 | 190.12% |
| 2026-07-24 | 190.12% |
| 2026-07-23 | 190.12% |
| 2026-07-22 | 190.13% |
| 2026-07-21 | 190.10% |
| 2026-07-20 | 190.11% |
| 2026-07-17 | 190.09% |
| 2026-07-16 | 190.13% |
| 2026-07-15 | 190.11% |
| 2026-07-14 | 190.10% |
| 2026-07-13 | 190.13% |
| 2026-07-10 | 190.09% |
| 2026-07-09 | 190.13% |
| 2026-07-08 | 190.09% |
| 2026-07-07 | 190.13% |
| 2026-07-06 | 190.12% |
| 2026-07-02 | 190.09% |
| 2026-07-01 | 190.08% |
| 2026-06-30 | 190.09% |
| 2026-06-29 | 189.55% |
| 2026-06-26 | 189.57% |
| 2026-06-25 | 189.54% |
| 2026-06-24 | 189.57% |
| 2026-06-23 | 189.56% |
| 2026-06-22 | 189.56% |
| 2026-06-18 | 189.58% |
| 2026-06-17 | 189.55% |
| 2026-06-16 | 189.57% |
| 2026-06-15 | 189.55% |
| 2026-06-12 | 189.56% |
| 2026-06-11 | 189.55% |
| 2026-06-10 | 189.56% |
| 2026-06-09 | 189.56% |
| 2026-06-08 | 189.57% |
| 2026-06-05 | 189.56% |
| 2026-06-04 | 189.54% |
| 2026-06-03 | 189.55% |
| 2026-06-02 | 189.57% |
| 2026-06-01 | 189.56% |
| 2026-05-29 | 189.57% |
| 2026-05-28 | 189.55% |
| 2026-05-27 | 189.58% |
| 2026-05-26 | 189.57% |
| 2026-05-22 | 189.57% |
| 2026-05-21 | 189.58% |
| 2026-05-20 | 189.54% |
| 2026-05-19 | 189.55% |
| 2026-05-18 | 189.57% |
| 2026-05-15 | 189.58% |
| 2026-05-14 | 189.57% |
| 2026-05-13 | 189.56% |
| 2026-05-12 | 189.58% |
| 2026-05-11 | 189.56% |
| 2026-05-08 | 189.57% |
| 2026-05-07 | 189.56% |
| 2026-05-06 | 189.55% |
| 2026-05-05 | 189.58% |
| 2026-05-04 | 189.58% |
| 2026-05-01 | 189.55% |
| 2026-04-30 | 189.56% |
| 2026-04-29 | 189.55% |
| 2026-04-28 | 189.54% |
| 2026-04-27 | 207.83% |
| 2026-04-24 | 207.81% |
| 2026-04-23 | 207.83% |
| 2026-04-22 | 207.85% |
| 2026-04-21 | 207.82% |
| 2026-04-20 | 207.84% |
| 2026-04-17 | 207.83% |
| 2026-04-16 | 207.84% |
| 2026-04-15 | 207.83% |
| 2026-04-14 | 207.84% |
| 2026-04-13 | 207.84% |
| 2026-04-10 | 207.85% |
| 2026-04-09 | 207.83% |
| 2026-04-08 | 207.83% |
| 2026-04-07 | 207.82% |
| 2026-04-06 | 207.82% |
| 2026-04-02 | 207.81% |
| 2026-04-01 | 207.84% |
| 2026-03-31 | 207.81% |
| 2026-03-30 | 207.22% |
| 2026-03-27 | 207.20% |
| 2026-03-26 | 207.23% |
| 2026-03-25 | 207.22% |
| 2026-03-24 | 207.21% |
| 2026-03-23 | 207.25% |
| 2026-03-20 | 207.24% |
| 2026-03-19 | 207.22% |
| 2026-03-18 | 207.21% |
| 2026-03-17 | 207.21% |
| 2026-03-16 | 207.22% |
| 2026-03-13 | 207.23% |
| 2026-03-12 | 207.23% |
| 2026-03-11 | 207.25% |
| 2026-03-10 | 207.25% |
| 2026-03-09 | 207.21% |
| 2026-03-06 | 207.23% |
| 2026-03-05 | 207.23% |
| 2026-03-04 | 207.22% |
| 2026-03-03 | 207.23% |
| 2026-03-02 | 207.22% |
| 2026-02-27 | 207.21% |
| 2026-02-26 | 207.24% |
| 2026-02-25 | 207.23% |
| 2026-02-24 | 207.24% |
| 2026-02-23 | 207.21% |
| 2026-02-20 | 207.21% |
| 2026-02-19 | 207.22% |
| 2026-02-18 | 207.21% |
| 2026-02-17 | 207.25% |
| 2026-02-13 | 207.23% |
| 2026-02-12 | 207.25% |
| 2026-02-11 | 207.23% |
| 2026-02-10 | 123.72% |
| 2026-02-09 | 123.73% |
| 2026-02-06 | 123.76% |
| 2026-02-05 | 123.76% |
| 2026-02-04 | 123.75% |
| 2026-02-03 | 123.74% |
| 2026-02-02 | 123.76% |
| 2026-01-30 | 123.75% |
| 2026-01-29 | 123.74% |
| 2026-01-28 | 123.76% |
| 2026-01-27 | 123.74% |
| 2026-01-26 | 123.73% |
| 2026-01-23 | 123.76% |
| 2026-01-22 | 123.72% |
| 2026-01-21 | 123.74% |
| 2026-01-20 | 123.73% |
| 2026-01-16 | 123.76% |
| 2026-01-15 | 123.75% |
| 2026-01-14 | 123.74% |
| 2026-01-13 | 123.72% |
| 2026-01-12 | 123.73% |
| 2026-01-09 | 123.73% |
| 2026-01-08 | 123.76% |
| 2026-01-07 | 123.72% |
| 2026-01-06 | 123.75% |
| 2026-01-05 | 123.73% |
| 2026-01-02 | 123.74% |
| 2025-12-31 | 123.76% |
| 2025-12-30 | 122.83% |
| 2025-12-29 | 122.86% |
| 2025-12-26 | 122.82% |
| 2025-12-24 | 122.85% |
| 2025-12-23 | 122.82% |
| 2025-12-22 | 122.86% |
| 2025-12-19 | 122.85% |
| 2025-12-18 | 122.83% |
| 2025-12-17 | 122.84% |
| 2025-12-16 | 122.82% |
| 2025-12-15 | 122.84% |
| 2025-12-12 | 122.85% |
| 2025-12-11 | 122.83% |
| 2025-12-10 | 122.83% |
| 2025-12-09 | 122.86% |
| 2025-12-08 | 122.86% |
| 2025-12-05 | 122.83% |
| 2025-12-04 | 122.83% |
| 2025-12-03 | 122.85% |
| 2025-12-02 | 122.85% |
| 2025-12-01 | 122.85% |
| 2025-11-28 | 122.86% |
| 2025-11-26 | 122.84% |
| 2025-11-25 | 122.85% |
| 2025-11-24 | 122.85% |
| 2025-11-21 | 122.86% |
| 2025-11-20 | 122.82% |
| 2025-11-19 | 122.84% |
| 2025-11-18 | 122.84% |
| 2025-11-17 | 122.84% |
| 2025-11-14 | 122.85% |
| 2025-11-13 | 122.82% |
| 2025-11-12 | 122.82% |
| 2025-11-11 | 122.83% |
| 2025-11-10 | 122.84% |
| 2025-11-07 | 122.84% |
| 2025-11-06 | 122.82% |
| 2025-11-05 | 122.86% |
| 2025-11-04 | 122.85% |
| 2025-11-03 | 122.84% |
| 2025-10-31 | 122.86% |
| 2025-10-30 | 122.83% |
| 2025-10-29 | 122.82% |
| 2025-10-28 | 122.85% |
| 2025-10-27 | 122.85% |
| 2025-10-24 | 122.84% |
| 2025-10-23 | 122.84% |
| 2025-10-22 | 122.84% |
| 2025-10-21 | 122.84% |
| 2025-10-20 | 122.84% |
| 2025-10-17 | 127.44% |
| 2025-10-16 | 127.43% |
| 2025-10-15 | 127.42% |
| 2025-10-14 | 127.42% |
| 2025-10-13 | 127.41% |
| 2025-10-10 | 127.41% |
| 2025-10-09 | 127.41% |
| 2025-10-08 | 127.41% |
| 2025-10-07 | 127.44% |
| 2025-10-06 | 127.43% |
| 2025-10-03 | 127.44% |
| 2025-10-02 | 127.44% |
| 2025-10-01 | 127.41% |
| 2025-09-30 | 127.43% |
| 2025-09-29 | 126.49% |
| 2025-09-26 | 126.49% |
| 2025-09-25 | 126.50% |
| 2025-09-24 | 126.48% |
| 2025-09-23 | 126.47% |
| 2025-09-22 | 126.51% |
| 2025-09-19 | 126.50% |
| 2025-09-18 | 126.49% |
| 2025-09-17 | 126.48% |
| 2025-09-16 | 126.48% |
| 2025-09-15 | 126.50% |
| 2025-09-12 | 126.50% |
| 2025-09-11 | 126.51% |
| 2025-09-10 | 126.48% |
| 2025-09-09 | 126.49% |
| 2025-09-08 | 126.47% |
| 2025-09-05 | 126.50% |
| 2025-09-04 | 126.48% |
| 2025-09-03 | 126.47% |
| 2025-09-02 | 126.49% |
| 2025-08-29 | 126.48% |
| 2025-08-28 | 126.51% |
| 2025-08-27 | 126.50% |
| 2025-08-26 | 126.50% |
| 2025-08-25 | 126.51% |
| 2025-08-22 | 126.48% |
| 2025-08-21 | 126.50% |
| 2025-08-20 | 126.50% |
| 2025-08-19 | 126.49% |
| 2025-08-18 | 126.48% |
| 2025-08-15 | 126.50% |
| 2025-08-14 | 126.49% |
| 2025-08-13 | 126.50% |
| 2025-08-12 | 126.47% |
| 2025-08-11 | 126.48% |
| 2025-08-08 | 126.48% |
| 2025-08-07 | 126.49% |
| 2025-08-06 | 126.50% |
| 2025-08-05 | 126.51% |
| 2025-08-04 | 126.50% |
| 2025-08-01 | 126.51% |
| 2025-07-31 | 126.49% |
| 2025-07-30 | 126.48% |
| 2025-07-29 | 126.48% |
| 2025-07-28 | 126.48% |
| 2025-07-25 | 126.47% |
| 2025-07-24 | 126.47% |
| 2025-07-23 | 126.48% |
| 2025-07-22 | 126.50% |
| 2025-07-21 | 126.48% |
| 2025-07-18 | 137.79% |
| 2025-07-17 | 137.78% |
| 2025-07-16 | 137.81% |
| 2025-07-15 | 137.80% |
Showing the most recent 260 of 2,506 data points. The chart above shows the full history.
| $0.86 |
| 168.6% |
| 2019-12-31 | $0.47 | $0.74 | 157.4% |
| 2018-12-31 | $0.42 | $0.64 | 152.4% |
| 2017-12-31 | $0.48 | $0.58 | 120.8% |
| 2016-12-31 | $0.36 | $0.54 | 150.0% |
| 2015-12-31 | $0.03 | $0.51 | N/A |
| 2014-12-31 | $0.02 | $0.48 | N/A |
| 2013-12-31 | ($0.19) | $0.21 | N/A (Loss) |
