DRE's Dividend Pay out Ratio	(Jun 30 2022) II. Quarter	(Mar 31 2022) I. Quarter	(Dec 31 2021) IV. Quarter	(Sep 30 2021) III. Quarter	(Jun 30 2021) II. Quarter
Earnings per Share	$ 0.27	$ 0.65	$ 0.27	$ 1.3	$ 0.47
Dividend	$ 0.28	$ 0.28	$ 0.28	$ 0.26	$ 0.26
Pay out Ratio	102.59 %	42.46 %	103.7 %	20 %	55.32 %

Dividend Pay out Ratio Comment

Despite year on year detoriation of eps, Duke Realty increased dividend to 0.28$ and increased dividend pay out ratio to 102.59%.

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