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Dividend Payout Ratio Calculator

Calculate cash dividends to common shareholders as a percentage of income attributable to them.

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Payout ratio = common shareholder cash dividends / same-period income attributable to common shareholders × 100%. It may exceed 100%. Buybacks are excluded; no normative judgment is made.

Definition reference: NYU Stern Damodaran Definitions.

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A QUICK WALKTHROUGH

How to use this tool

  1. Enter the following values in the same currency: Cash dividends to common shareholders; Income attributable to common shareholders
  2. Calculate and review the formula scope.

Formula and scope

Payout ratio = common shareholder cash dividends / same-period income attributable to common shareholders × 100%. It may exceed 100%. Buybacks are excluded; no normative judgment is made.

Source

Definition reference: NYU Stern Damodaran Definitions.

Local processing

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GOOD TO KNOW

Common questions

Can the ratio exceed 100%?

Yes. Buybacks are excluded, and zero or negative income gives an undefined ratio.