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 363.63% is 23% below its 5-year average of 473.45%, near the low end of its 5-year range (339.61%–973.93%).
As of Monday, July 27, 2026. 3.05% below its 12-month average of 375.07%.
Dividend Payout Ratio (363.63%) = TTM Dividends/Share ($2.00) / TTM EPS ($0.55)
DIVIDEND PAYOUT RATIO
363.63%
DIVIDEND PAYOUT RATIO AVG TTM
375.07%
DIVIDEND PAYOUT RATIO AVG 3Y
403.66%
DIVIDEND PAYOUT RATIO AVG 5Y
405.50%
DIVIDEND PAYOUT RATIO AVG 10Y
269.77%
DIVIDEND PAYOUT RATIO AVG 15Y
247.60%
DIVIDEND PAYOUT RATIO AVG 20Y
195.90%
CURRENT VS TTM AVG
-3.05%
CURRENT VS 3Y AVG
-9.92%
CURRENT VS 5Y AVG
-10.33%
CURRENT VS 10Y AVG
+34.79%
CURRENT VS 15Y AVG
+46.86%
CURRENT VS 20Y AVG
+85.62%
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $0.55 | $1.92 | 349.1% |
| 2024 | $0.20 | $1.80 | 900.0% |
| 2023 | ($0.10) | $1.80 | N/A (Loss) |
| 2022 | ($0.13) | $1.80 | N/A (Loss) |
| 2021 | $0.13 | $1.80 | N/A |
| 2020 | $1.18 | $2.14 |
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 |
|---|---|
| 2026-07-24 | 363.63% |
| 2026-07-23 | 363.64% |
| 2026-07-22 | 363.63% |
| 2026-07-21 | 363.63% |
| 2026-07-20 | 363.64% |
| 2026-07-17 | 363.64% |
| 2026-07-16 | 363.64% |
| 2026-07-15 | 363.64% |
| 2026-07-14 | 363.64% |
| 2026-07-13 | 363.63% |
| 2026-07-10 | 363.64% |
| 2026-07-09 | 363.64% |
| 2026-07-08 | 363.64% |
| 2026-07-07 | 363.64% |
| 2026-07-06 | 363.63% |
| 2026-07-02 | 363.64% |
| 2026-07-01 | 363.64% |
| 2026-06-30 | 363.63% |
| 2026-06-29 | 356.36% |
| 2026-06-26 | 356.37% |
| 2026-06-25 | 356.36% |
| 2026-06-24 | 356.36% |
| 2026-06-23 | 356.37% |
| 2026-06-22 | 356.36% |
| 2026-06-18 | 356.35% |
| 2026-06-17 | 356.35% |
| 2026-06-16 | 356.37% |
| 2026-06-15 | 356.37% |
| 2026-06-12 | 356.37% |
| 2026-06-11 | 356.37% |
| 2026-06-10 | 356.36% |
| 2026-06-09 | 356.37% |
| 2026-06-08 | 356.35% |
| 2026-06-05 | 356.37% |
| 2026-06-04 | 356.37% |
| 2026-06-03 | 356.37% |
| 2026-06-02 | 356.36% |
| 2026-06-01 | 356.35% |
| 2026-05-29 | 356.36% |
| 2026-05-28 | 356.36% |
| 2026-05-27 | 356.36% |
| 2026-05-26 | 356.36% |
| 2026-05-22 | 356.37% |
| 2026-05-21 | 356.36% |
| 2026-05-20 | 356.36% |
| 2026-05-19 | 356.37% |
| 2026-05-18 | 356.35% |
| 2026-05-15 | 356.36% |
| 2026-05-14 | 356.36% |
| 2026-05-13 | 356.36% |
| 2026-05-12 | 356.36% |
| 2026-05-11 | 356.37% |
| 2026-05-08 | 356.35% |
| 2026-05-07 | 356.36% |
| 2026-05-06 | 356.36% |
| 2026-05-05 | 356.36% |
| 2026-05-04 | 356.37% |
| 2026-05-01 | 356.37% |
| 2026-04-30 | 356.37% |
| 2026-04-29 | 356.35% |
| 2026-04-28 | 356.37% |
| 2026-04-27 | 356.36% |
| 2026-04-24 | 356.37% |
| 2026-04-23 | 356.36% |
| 2026-04-22 | 356.37% |
| 2026-04-21 | 356.36% |
| 2026-04-20 | 356.37% |
| 2026-04-17 | 356.37% |
| 2026-04-16 | 356.36% |
| 2026-04-15 | 356.37% |
| 2026-04-14 | 356.36% |
| 2026-04-13 | 356.36% |
| 2026-04-10 | 356.36% |
| 2026-04-09 | 356.35% |
| 2026-04-08 | 356.37% |
| 2026-04-07 | 356.36% |
| 2026-04-06 | 356.37% |
| 2026-04-02 | 356.36% |
| 2026-04-01 | 356.37% |
| 2026-03-31 | 356.36% |
| 2026-03-30 | 349.09% |
| 2026-03-27 | 349.10% |
| 2026-03-26 | 349.09% |
| 2026-03-25 | 349.08% |
| 2026-03-24 | 349.10% |
| 2026-03-23 | 349.10% |
| 2026-03-20 | 349.09% |
| 2026-03-19 | 349.10% |
| 2026-03-18 | 349.09% |
| 2026-03-17 | 349.09% |
| 2026-03-16 | 349.09% |
| 2026-03-13 | 349.09% |
| 2026-03-12 | 349.10% |
| 2026-03-11 | 349.09% |
| 2026-03-10 | 349.09% |
| 2026-03-09 | 349.10% |
| 2026-03-06 | 349.09% |
| 2026-03-05 | 349.08% |
| 2026-03-04 | 349.10% |
| 2026-03-03 | 349.08% |
| 2026-03-02 | 349.08% |
| 2026-02-27 | 349.08% |
| 2026-02-26 | 349.08% |
| 2026-02-25 | 349.09% |
| 2026-02-24 | 349.10% |
| 2026-02-23 | 349.09% |
| 2026-02-20 | 349.08% |
| 2026-02-19 | 349.09% |
| 2026-02-18 | 349.09% |
| 2026-02-17 | 349.09% |
| 2026-02-13 | 349.09% |
| 2026-02-12 | 349.09% |
| 2026-02-11 | 349.09% |
| 2026-02-10 | 349.10% |
| 2026-02-09 | 349.08% |
| 2026-02-06 | 349.09% |
| 2026-02-05 | 362.26% |
| 2026-02-04 | 362.26% |
| 2026-02-03 | 362.25% |
| 2026-02-02 | 362.27% |
| 2026-01-30 | 362.27% |
| 2026-01-29 | 362.27% |
| 2026-01-28 | 362.28% |
| 2026-01-27 | 362.26% |
| 2026-01-26 | 362.25% |
| 2026-01-23 | 362.25% |
| 2026-01-22 | 362.26% |
| 2026-01-21 | 362.25% |
| 2026-01-20 | 362.27% |
| 2026-01-16 | 362.27% |
| 2026-01-15 | 362.26% |
| 2026-01-14 | 362.26% |
| 2026-01-13 | 362.26% |
| 2026-01-12 | 362.26% |
| 2026-01-09 | 362.26% |
| 2026-01-08 | 362.26% |
| 2026-01-07 | 362.26% |
| 2026-01-06 | 362.26% |
| 2026-01-05 | 362.27% |
| 2026-01-02 | 362.27% |
| 2025-12-31 | 362.26% |
| 2025-12-30 | 356.60% |
| 2025-12-29 | 356.60% |
| 2025-12-26 | 356.61% |
| 2025-12-24 | 356.61% |
| 2025-12-23 | 356.59% |
| 2025-12-22 | 356.61% |
| 2025-12-19 | 356.62% |
| 2025-12-18 | 356.60% |
| 2025-12-17 | 356.61% |
| 2025-12-16 | 356.60% |
| 2025-12-15 | 356.61% |
| 2025-12-12 | 356.61% |
| 2025-12-11 | 356.60% |
| 2025-12-10 | 356.60% |
| 2025-12-09 | 356.60% |
| 2025-12-08 | 356.60% |
| 2025-12-05 | 356.59% |
| 2025-12-04 | 356.60% |
| 2025-12-03 | 356.60% |
| 2025-12-02 | 356.59% |
| 2025-12-01 | 356.61% |
| 2025-11-28 | 356.60% |
| 2025-11-26 | 356.59% |
| 2025-11-25 | 356.61% |
| 2025-11-24 | 356.61% |
| 2025-11-21 | 356.61% |
| 2025-11-20 | 356.61% |
| 2025-11-19 | 356.60% |
| 2025-11-18 | 356.61% |
| 2025-11-17 | 356.61% |
| 2025-11-14 | 356.60% |
| 2025-11-13 | 356.61% |
| 2025-11-12 | 356.59% |
| 2025-11-11 | 356.61% |
| 2025-11-10 | 356.60% |
| 2025-11-07 | 356.61% |
| 2025-11-06 | 356.62% |
| 2025-11-05 | 356.60% |
| 2025-11-04 | 356.61% |
| 2025-11-03 | 356.61% |
| 2025-10-31 | 356.61% |
| 2025-10-30 | 356.60% |
| 2025-10-29 | 433.58% |
| 2025-10-28 | 433.58% |
| 2025-10-27 | 433.58% |
| 2025-10-24 | 433.58% |
| 2025-10-23 | 433.60% |
| 2025-10-22 | 433.58% |
| 2025-10-21 | 433.59% |
| 2025-10-20 | 433.59% |
| 2025-10-17 | 433.59% |
| 2025-10-16 | 433.57% |
| 2025-10-15 | 433.58% |
| 2025-10-14 | 433.59% |
| 2025-10-13 | 433.59% |
| 2025-10-10 | 433.59% |
| 2025-10-09 | 433.59% |
| 2025-10-08 | 433.59% |
| 2025-10-07 | 433.59% |
| 2025-10-06 | 433.59% |
| 2025-10-03 | 433.59% |
| 2025-10-02 | 433.59% |
| 2025-10-01 | 433.58% |
| 2025-09-30 | 536.81% |
| 2025-09-29 | 426.70% |
| 2025-09-26 | 426.69% |
| 2025-09-25 | 426.70% |
| 2025-09-24 | 426.70% |
| 2025-09-23 | 426.71% |
| 2025-09-22 | 426.69% |
| 2025-09-19 | 426.69% |
| 2025-09-18 | 426.70% |
| 2025-09-17 | 426.69% |
| 2025-09-16 | 426.70% |
| 2025-09-15 | 426.69% |
| 2025-09-12 | 426.71% |
| 2025-09-11 | 426.72% |
| 2025-09-10 | 426.71% |
| 2025-09-09 | 426.72% |
| 2025-09-08 | 426.70% |
| 2025-09-05 | 426.70% |
| 2025-09-04 | 426.71% |
| 2025-09-03 | 426.71% |
| 2025-09-02 | 426.72% |
| 2025-08-29 | 426.70% |
| 2025-08-28 | 426.69% |
| 2025-08-27 | 426.70% |
| 2025-08-26 | 426.70% |
| 2025-08-25 | 426.71% |
| 2025-08-22 | 426.71% |
| 2025-08-21 | 426.71% |
| 2025-08-20 | 426.71% |
| 2025-08-19 | 426.71% |
| 2025-08-18 | 426.71% |
| 2025-08-15 | 426.70% |
| 2025-08-14 | 426.70% |
| 2025-08-13 | 426.70% |
| 2025-08-12 | 426.71% |
| 2025-08-11 | 426.71% |
| 2025-08-08 | 426.71% |
| 2025-08-07 | 426.71% |
| 2025-08-06 | 426.71% |
| 2025-08-05 | 426.69% |
| 2025-08-04 | 426.70% |
| 2025-08-01 | 426.70% |
| 2025-07-31 | 426.71% |
| 2025-07-30 | 558.56% |
| 2025-07-29 | 558.56% |
| 2025-07-28 | 558.57% |
| 2025-07-25 | 558.56% |
| 2025-07-24 | 558.55% |
| 2025-07-23 | 558.55% |
| 2025-07-22 | 558.55% |
| 2025-07-21 | 558.56% |
| 2025-07-18 | 558.57% |
| 2025-07-17 | 558.57% |
| 2025-07-16 | 558.57% |
| 2025-07-15 | 558.57% |
| 2025-07-14 | 558.57% |
Showing the most recent 260 of 2,310 data points. The chart above shows the full history.
| 181.6% |
| 2019 | $1.18 | $3.17 | 268.6% |
| 2018 | $1.15 | $3.16 | 275.0% |
| 2017 | $3.82 | $3.12 | 81.5% |
| 2016 | $1.88 | $2.96 | 157.7% |
| 2015 | $1.26 | $3.26 | 259.1% |
| 2014 | $1.62 | $3.39 | 209.0% |
| 2013 | $1.55 | $3.12 | 201.5% |
| 2012 | $1.24 | $2.83 | 228.4% |
| 2011 | $1.60 | $2.63 | 164.2% |
| 2010 | $1.57 | $2.44 | 155.7% |
| 2009 | $1.75 | $2.34 | 133.9% |
| 2008 | $1.62 | $2.34 | 144.6% |
| 2007 | $2.26 | $2.17 | 96.0% |
| 2006 | $1.26 | $1.80 | 143.2% |
| 2005 | $1.37 | $1.64 | 120.0% |
| 2004 | $1.45 | $1.48 | 102.4% |
| 2003 | $2.05 | $1.22 | 59.7% |
| 2002 | $0.95 | $1.09 | 114.4% |
| 2001 | $0.74 | $1.05 | 142.0% |
| 2000 | ($0.96) | $1.04 | N/A (Loss) |
| 1999 | $0.63 | $0.45 | 70.7% |
| 1998 | $0.39 | $0.00 | 0.0% |
| 1997 | $1.90 | $0.00 | 0.0% |
| 1996 | $0.68 | $0.00 | 0.0% |
