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Payout Ratio Over Time
Trending lower, below historical average, slight contraction.
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Dividend payout ratio

Latest
44.10%
↓ 24% below average
Average (9y)
58.15%
Historical baseline
Range
High:110.42%
Low:26.00%
CAGR
-8.7%
Structural decline
PeriodValueChange
202444.10%-60.1%
2023110.42%+144.6%
202245.15%+43.0%
202131.58%+21.4%
202026.00%-16.6%
201931.18%-47.4%
201859.32%-0.7%
201759.74%-19.0%
201673.76%-26.4%
2015100.24%-