Ellcot Spinning - ELSM - Stock Price and Chart
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ELSM Stock Price and Chart

Ellcot Spinning

Change Rs. 0.00 (0.00%)

2019-12-12
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Dividend Payout Ratio

What you Need ?

Income Statement

Formula

Dividend Payout Ratio = Dividend / Net Income

Meaning

The percentage of profits distributed as a dividend is called the dividend payout ratio. Some companies maintain a steady payout ratio, while other try to maintain a steady number of dollars paid out each year (which means the payout ratio will fluctuate). Each company sets its own dividend policy according to what it thinks is in the best interest of its shareholders. Income investors should keep an especially close eye on changes in dividend policy.

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