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 132.36% is 122% above its 5-year average of 59.52%, near the high end of its 5-year range (2.58%–154.28%).
As of Monday, October 5, 2026. 8.90% above its 12-month average of 121.54%.
Dividend Payout Ratio (132.36%) = TTM Dividends/Share ($1.00) / TTM EPS ($0.76)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-10-05.
DIVIDEND PAYOUT RATIO
132.36%
DIVIDEND PAYOUT RATIO AVG TTM
121.54%
DIVIDEND PAYOUT RATIO AVG 3Y
93.94%
DIVIDEND PAYOUT RATIO AVG 5Y
59.52%
DIVIDEND PAYOUT RATIO AVG 10Y
26.35%
DIVIDEND PAYOUT RATIO AVG 15Y
33.17%
DIVIDEND PAYOUT RATIO AVG 20Y
36.56%
CURRENT VS TTM AVG
+8.90%
CURRENT VS 3Y AVG
+40.90%
CURRENT VS 5Y AVG
+122.37%
CURRENT VS 10Y AVG
+402.23%
CURRENT VS 15Y AVG
+299.03%
CURRENT VS 20Y AVG
+262.04%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-12-31 | ($1.61) | $1.00 | N/A (Loss) |
| 2024-12-31 | $4.71 | $1.00 | 21.2% |
| 2023-12-31 | ($4.47) | $1.00 | N/A (Loss) |
| 2022-12-31 | $37.54 | $1.00 | 2.7% |
| 2021-12-31 | ($5.52) | $0.80 | N/A (Loss) |
| 2020-12-31 | ($30.20) |
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 |
|---|---|
| 2026-10-05 | 132.36% |
| 2026-10-02 | 132.34% |
| 2026-10-01 | 132.37% |
| 2026-09-30 | 132.31% |
| 2026-09-29 | 132.37% |
| 2026-09-28 | 132.32% |
| 2026-09-25 | 132.32% |
| 2026-09-24 | 132.34% |
| 2026-09-23 | 132.32% |
| 2026-09-22 | 132.35% |
| 2026-09-21 | 132.32% |
| 2026-09-18 | 132.34% |
| 2026-09-17 | 132.33% |
| 2026-09-16 | 132.36% |
| 2026-09-15 | 132.32% |
| 2026-09-14 | 132.31% |
| 2026-09-11 | 132.37% |
| 2026-09-10 | 132.34% |
| 2026-09-09 | 132.32% |
| 2026-09-08 | 132.32% |
| 2026-09-04 | 132.37% |
| 2026-09-03 | 132.38% |
| 2026-09-02 | 132.36% |
| 2026-09-01 | 132.32% |
| 2026-08-31 | 132.34% |
| 2026-08-28 | 132.33% |
| 2026-08-27 | 132.31% |
| 2026-08-26 | 132.38% |
| 2026-08-25 | 132.31% |
| 2026-08-24 | 132.32% |
| 2026-08-21 | 132.34% |
| 2026-08-20 | 132.33% |
| 2026-08-19 | 132.37% |
| 2026-08-18 | 132.31% |
| 2026-08-17 | 132.35% |
| 2026-08-14 | 132.35% |
| 2026-08-13 | 132.35% |
| 2026-08-12 | 132.35% |
| 2026-08-11 | 132.33% |
| 2026-08-10 | 132.34% |
| 2026-08-07 | 132.32% |
| 2026-08-06 | 132.32% |
| 2026-08-05 | 111.65% |
| 2026-08-04 | 111.65% |
| 2026-08-03 | 111.64% |
| 2026-07-31 | 111.64% |
| 2026-07-30 | 111.69% |
| 2026-07-29 | 111.69% |
| 2026-07-28 | 111.69% |
| 2026-07-27 | 111.64% |
| 2026-07-24 | 111.64% |
| 2026-07-23 | 111.67% |
| 2026-07-22 | 111.63% |
| 2026-07-21 | 111.65% |
| 2026-07-20 | 111.63% |
| 2026-07-17 | 111.65% |
| 2026-07-16 | 111.65% |
| 2026-07-15 | 111.63% |
| 2026-07-14 | 111.66% |
| 2026-07-13 | 111.65% |
| 2026-07-10 | 111.66% |
| 2026-07-09 | 111.62% |
| 2026-07-08 | 111.65% |
| 2026-07-07 | 111.64% |
| 2026-07-06 | 111.62% |
| 2026-07-02 | 111.67% |
| 2026-07-01 | 111.66% |
| 2026-06-30 | 111.65% |
| 2026-06-29 | 111.67% |
| 2026-06-26 | 111.67% |
| 2026-06-25 | 111.67% |
| 2026-06-24 | 111.69% |
| 2026-06-23 | 111.67% |
| 2026-06-22 | 111.68% |
| 2026-06-18 | 111.63% |
| 2026-06-17 | 111.64% |
| 2026-06-16 | 111.63% |
| 2026-06-15 | 111.69% |
| 2026-06-12 | 111.67% |
| 2026-06-11 | 111.63% |
| 2026-06-10 | 111.69% |
| 2026-06-09 | 111.65% |
| 2026-06-08 | 111.64% |
| 2026-06-05 | 111.62% |
| 2026-06-04 | 111.68% |
| 2026-06-03 | 111.68% |
| 2026-06-02 | 111.65% |
| 2026-06-01 | 111.67% |
| 2026-05-29 | 139.55% |
| 2026-05-28 | 139.60% |
| 2026-05-27 | 139.60% |
| 2026-05-26 | 139.58% |
| 2026-05-22 | 111.69% |
| 2026-05-21 | 111.67% |
| 2026-05-20 | 111.64% |
| 2026-05-19 | 111.66% |
| 2026-05-18 | 111.63% |
| 2026-05-15 | 111.63% |
| 2026-05-14 | 111.68% |
| 2026-05-13 | 111.68% |
| 2026-05-12 | 111.62% |
| 2026-05-11 | 111.63% |
| 2026-05-08 | 111.62% |
| 2026-05-07 | 111.64% |
| 2025-11-07 | 123.46% |
| 2025-11-06 | 123.46% |
| 2025-11-05 | 123.48% |
| 2025-11-04 | 123.43% |
| 2025-11-03 | 123.43% |
| 2025-10-31 | 123.43% |
| 2025-10-30 | 123.46% |
| 2025-10-29 | 123.46% |
| 2025-10-28 | 123.44% |
| 2025-10-27 | 123.46% |
| 2025-10-24 | 123.46% |
| 2025-10-23 | 123.44% |
| 2025-10-22 | 123.44% |
| 2025-10-21 | 123.43% |
| 2025-10-20 | 123.48% |
| 2025-10-17 | 123.49% |
| 2025-10-16 | 123.45% |
| 2025-10-15 | 123.46% |
| 2025-10-14 | 123.48% |
| 2025-10-13 | 123.48% |
| 2025-10-10 | 123.45% |
| 2025-10-09 | 123.44% |
| 2025-10-08 | 123.48% |
| 2025-10-07 | 123.44% |
| 2025-10-06 | 123.48% |
| 2025-10-03 | 123.43% |
| 2025-10-02 | 123.48% |
| 2025-10-01 | 123.45% |
| 2025-09-30 | 123.44% |
| 2025-09-29 | 123.47% |
| 2025-09-26 | 123.46% |
| 2025-09-25 | 123.48% |
| 2025-09-24 | 123.44% |
| 2025-09-23 | 123.44% |
| 2025-09-22 | 123.47% |
| 2025-09-19 | 123.43% |
| 2025-09-18 | 123.45% |
| 2025-09-17 | 123.42% |
| 2025-09-16 | 123.46% |
| 2025-09-15 | 123.44% |
| 2025-09-12 | 123.44% |
| 2025-09-11 | 123.46% |
| 2025-09-10 | 123.43% |
| 2025-09-09 | 123.45% |
| 2025-09-08 | 123.47% |
| 2025-09-05 | 123.48% |
| 2025-09-04 | 123.43% |
| 2025-09-03 | 123.45% |
| 2025-09-02 | 123.49% |
| 2025-08-29 | 154.28% |
| 2025-08-27 | 123.44% |
| 2025-08-25 | 123.44% |
| 2025-08-21 | 123.47% |
| 2025-08-19 | 123.44% |
| 2025-08-15 | 123.47% |
| 2025-08-13 | 123.46% |
| 2025-08-11 | 123.49% |
| 2025-08-07 | 50.24% |
| 2025-08-05 | 50.28% |
| 2025-08-01 | 50.28% |
| 2025-07-30 | 50.24% |
| 2025-07-28 | 50.27% |
| 2025-07-24 | 50.23% |
| 2025-07-22 | 50.24% |
| 2025-07-18 | 50.24% |
| 2025-07-16 | 50.23% |
| 2025-07-14 | 50.23% |
| 2025-07-10 | 50.23% |
| 2025-07-08 | 50.27% |
| 2025-07-03 | 50.27% |
| 2025-07-01 | 50.25% |
| 2025-06-27 | 50.26% |
| 2025-06-25 | 50.22% |
| 2025-06-23 | 50.26% |
| 2025-06-18 | 50.27% |
| 2025-06-16 | 50.23% |
| 2025-06-12 | 50.23% |
| 2025-06-10 | 50.22% |
| 2025-06-06 | 50.27% |
| 2025-06-04 | 50.27% |
| 2025-06-02 | 62.81% |
| 2025-05-29 | 50.28% |
| 2025-05-27 | 50.28% |
| 2025-05-22 | 50.25% |
| 2025-05-20 | 50.24% |
| 2025-05-16 | 50.23% |
| 2025-05-14 | 50.25% |
| 2025-05-12 | 50.25% |
| 2025-05-08 | 21.49% |
| 2025-05-06 | 21.49% |
| 2025-05-02 | 21.53% |
| 2025-04-30 | 21.53% |
| 2025-04-28 | 21.52% |
| 2025-04-24 | 21.48% |
| 2025-04-22 | 21.53% |
| 2025-04-17 | 21.50% |
| 2025-04-15 | 21.49% |
| 2025-04-11 | 21.49% |
| 2025-04-09 | 21.50% |
| 2025-04-07 | 21.52% |
| 2025-04-03 | 21.51% |
| 2025-04-01 | 21.50% |
| 2025-03-28 | 21.50% |
| 2025-03-26 | 21.53% |
| 2025-03-24 | 21.48% |
| 2025-03-20 | 21.48% |
| 2025-03-18 | 21.51% |
| 2025-03-14 | 21.48% |
| 2025-03-12 | 21.51% |
| 2025-03-10 | 21.52% |
| 2025-03-06 | 21.48% |
| 2025-03-04 | 21.53% |
| 2025-02-28 | 21.49% |
| 2024-02-29 | 75.76% |
| 2024-02-27 | 75.76% |
| 2024-02-23 | 75.74% |
| 2024-02-21 | 75.73% |
| 2024-02-16 | 75.73% |
| 2024-02-14 | 75.79% |
| 2024-02-12 | 75.74% |
| 2024-02-08 | 75.77% |
| 2024-02-06 | 75.77% |
| 2024-02-02 | 75.75% |
| 2024-01-31 | 75.73% |
| 2024-01-29 | 75.74% |
| 2024-01-25 | 75.76% |
| 2024-01-23 | 75.75% |
| 2024-01-19 | 75.76% |
| 2024-01-17 | 75.76% |
| 2024-01-12 | 75.73% |
| 2024-01-10 | 75.78% |
| 2024-01-08 | 75.74% |
| 2024-01-04 | 75.77% |
| 2024-01-02 | 75.78% |
| 2023-12-28 | 75.79% |
| 2023-12-26 | 75.77% |
| 2023-12-21 | 75.74% |
| 2023-12-19 | 75.78% |
| 2023-12-15 | 75.79% |
| 2023-12-13 | 75.79% |
| 2023-12-11 | 75.73% |
| 2023-12-07 | 75.72% |
| 2023-12-05 | 75.76% |
| 2023-12-01 | 75.77% |
| 2023-11-29 | 75.76% |
| 2023-11-27 | 75.76% |
| 2023-11-22 | 75.74% |
| 2023-11-20 | 75.76% |
| 2023-11-16 | 75.73% |
| 2023-11-14 | 75.76% |
| 2023-11-10 | 75.79% |
| 2023-11-08 | 40.64% |
| 2023-11-06 | 40.68% |
| 2023-11-02 | 40.63% |
| 2023-10-31 | 40.66% |
| 2023-10-27 | 40.70% |
Showing the most recent 260 of 1,754 data points. The chart above shows the full history.
| $0.80 |
| N/A (Loss) |
| 2018-12-31 | $3.38 | $0.74 | 21.9% |
| 2017-12-31 | $5.77 | $0.72 | 12.5% |
| 2016-12-31 | $2.62 | $0.70 | 26.9% |
| 2015-12-31 | $1.81 | $0.66 | 36.5% |
| 2014-12-31 | $2.19 | $0.63 | 28.8% |
| 2013-12-31 | $0.79 | $0.60 | 75.9% |
| 2012-12-31 | $1.79 | $0.39 | 21.8% |
| 2011-12-31 | $0.94 | $0.48 | 51.1% |
| 2010-12-31 | $0.95 | $0.43 | 45.3% |
| 2009-12-31 | ($1.70) | $0.00 | N/A (Loss) |
| 2007-12-31 | $0.26 | $0.63 | 240.4% |
| 2006-12-31 | $0.63 | $0.45 | 71.4% |
| 2005-12-31 | $2.43 | $0.30 | 12.3% |
| 2004-12-31 | $0.16 | $0.08 | 46.9% |
