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Dividend payout and coverageAnalyst

How much of earnings and cash flow goes to dividends.

What you’ll enter

  • Dividend per share
  • Earnings per share
  • Free cash flow per share

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The formula

Payout = DPS ÷ EPS Coverage = EPS ÷ DPS

A payout above 100% means the dividend is larger than earnings, which usually can’t last. The cash flow payout is often a better safety check.