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Payout Ratio Over Time
Trending lower, below historical average, structural decline.
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Dividend payout ratio

Latest
25.90%
↓ 34% below average
Average (9y)
39.23%
Historical baseline
Range
High:173.47%
Low:-41.45%
CAGR
-19.0%
Structural decline
PeriodValueChange
202425.90%-47.8%
202349.59%+172.2%
202218.22%-20.9%
202123.04%-62.9%
202062.15%+435.8%
201911.60%+128.0%
2018-41.45%-392.4%
201714.18%-74.5%
201655.59%-68.0%
2015173.47%-