The payout ratio is the percentage of a company's earnings paid out as dividends. It indicates dividend sustainability — a very high payout ratio may not be sustainable.
Payout Ratio = Dividends Per Share / Earnings Per Share × 100
A company earning $5/share that pays $2/share in dividends has a 40% payout ratio. This is generally considered healthy and sustainable. Ratios above 80% may signal risk.
Data as of June 11, 2026 — updates daily
| # | Symbol | Company | Payout Ratio | Div Yield | EPS | Price |
|---|---|---|---|---|---|---|
| 1 | CXE | MFS High Income Municipa… | 85.37% | 0.07% | 0.01 | 3.65 USD |
| 2 | UHRN.SW | The Swatch Group AG | 78.00% | 0.02% | 0.01 | 39.55 CHF |
| 3 | UHR.SW | The Swatch Group AG | 78.00% | 0.02% | 0.04 | 199.55 CHF |
| 4 | CAR-UN.TO | Canadian Apartment Prope… | 35.98% | 0.04% | 0.01 | 36.06 CAD |
| 5 | ALLFG.AS | Allfunds Group plc | 34.80% | 0.02% | -0.26 | 8.45 EUR |
| 6 | COMM | CommScope Holding Compan… | 32.17% | 0.84% | 1.17 | 17.82 USD |
| 7 | ALHE.TA | Alony-Hetz Properties & … | 32.00% | 0.03% | 0.03 | 3578.00 ILA |
| 8 | HOM-U.TO | BSR Real Estate Investme… | 31.70% | 0.05% | 0.05 | 11.51 USD |
| 9 | CSH-UN.TO | Chartwell Retirement Res… | 31.15% | 0.03% | 0.09 | 21.16 CAD |
| 10 | PTMN | Portman Ridge Finance Co… | 28.01% | 0.20% | -0.94 | 12.27 USD |
REITs are required to pay out 90%+ of taxable income — a 95% payout ratio for a REIT is normal, not a warning sign. Don't apply the same 60% threshold to REITs and regular companies.
Payout ratio can exceed 100% when earnings are temporarily depressed. A company earning $1/share but paying $1.50 may be bridging a bad quarter with cash reserves — check if this is a trend or a blip.
Declining earnings inflate the payout ratio even when the dividend stays constant. A company paying $2/share on $5 EPS (40%) looks safe, but if EPS drops to $2.50 the payout ratio doubles to 80%.
AllInvestView shows payout ratios on stock detail pages. Read our dividend growth guide to learn how payout ratios predict dividend safety.
Generally 30-60% is considered sustainable for most companies. REITs are an exception — they are required to pay out 90%+ of income. Payout ratios above 80% for non-REITs may signal risk.
Yes — it means the company is paying more in dividends than it earns, funding the gap from cash reserves or debt. This is unsustainable long-term and often precedes a dividend cut.