Basis: Latest reported fiscal year. 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 15.56% is 100% above its 4-year average of 7.78%, near the high end of its 4-year range (0.00%–15.56%).
As of the fiscal period ended Wednesday, December 31, 2025.
Dividend Payout Ratio (15.56%) = TTM Dividends/Share ($0.14) / TTM EPS ($0.92)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted.
DIVIDEND PAYOUT RATIO
15.56%
DIVIDEND PAYOUT RATIO AVG TTM
N/A
DIVIDEND PAYOUT RATIO AVG 3Y
N/A
DIVIDEND PAYOUT RATIO AVG 5Y
7.78%
DIVIDEND PAYOUT RATIO AVG 10Y
7.78%
DIVIDEND PAYOUT RATIO AVG 15Y
7.78%
DIVIDEND PAYOUT RATIO AVG 20Y
32.83%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
+100.00%
CURRENT VS 10Y AVG
+100.00%
CURRENT VS 15Y AVG
+100.00%
CURRENT VS 20Y AVG
-52.59%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $0.91 | $0.14 | 15.6% |
| 2024 | $0.38 | $0.00 | 0.0% |
| 2023 | $0.37 | $0.00 | 0.0% |
| 2022 | ($0.18) | $0.00 | N/A (Loss) |
| 2021 | $0.02 | $0.00 | 0.0% |
| 2020 | ($0.72) | $0.00 | N/A (Loss) |
| 2019 | ($0.32) | $0.15 | N/A (Loss) |
| 2018 | ($0.56) | $0.15 | N/A (Loss) |
| 2017 | $1.07 | $0.15 | 14.4% |
| 2016 | ($0.94) | $0.15 | N/A (Loss) |
| 2015 | $0.02 | $0.34 | N/A |
| 2014 | ($0.02) | $0.37 | N/A (Loss) |
| 2013 | $0.41 | $0.32 | 76.6% |
| 2012 | $0.68 | $0.29 | 42.1% |
| 2011 | $0.25 | $0.43 | 171.1% |
| 2010 | $0.16 | $0.24 | 152.9% |
| 2009 | $0.66 | $0.22 | 33.6% |
| 2008 | ($0.36) | $0.27 | N/A (Loss) |
| 2007 | $0.24 | $0.20 | 83.1% |
| 2006 | $0.39 | $0.16 | 41.6% |
| 2005 | $0.12 | $0.15 | 130.0% |
| 2004 | $0.10 | $0.15 | 146.6% |
| 2003 | $0.04 | $0.14 | 324.7% |
| 2002 | $0.02 | $0.14 | 761.5% |
| 2001 | $0.03 | $0.13 | 394.3% |
| 2000 | $0.03 | $0.13 | 482.8% |
| 1999 | $0.10 | $0.12 | 115.2% |
| 1998 | $0.10 | $0.13 | 127.2% |
| 1997 | $0.09 | $0.09 | 106.3% |
| 1996 | ($0.02) | $0.03 | N/A (Loss) |
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 |
|---|---|
| 2025-12-31 | 15.56% |
| 2021-12-31 | 0.00% |
| 2007-12-31 | 82.93% |
| 2004-12-31 | 146.41% |
| 2003-12-31 | 323.79% |
| 2002-12-31 | 760.75% |
| 2001-12-31 | 394.53% |
| 1999-12-31 | 115.23% |
| 1998-12-31 | 127.56% |
| 1997-12-31 | 106.33% |