Dividend Payout RatioDividend Payout ratio, measures the proportion of earnings that is paid out as dividends.
It is calculated as the annual total dividend amount per share divided by the earnings per share-basic (EPS-basic). Thus, the formula is the following:
= (total annual dividend / EPS-basic) * 100
Note: If the company had losses during the period under review, Dividend Payout ratio is not defined.