Electro Rent (Electro Rent) Dividend Payout Ratio

: 3.13 (As of Feb. 2016)

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Electro Rent's dividend payout ratio for the months ended in Feb. 2016 was 3.13.

The historical rank and industry rank for Electro Rent's Dividend Payout Ratio or its related term are showing as below:

ELRC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.55
Current: 1.55

During the past 13 years, the highest Dividend Payout Ratio of Electro Rent was 1.55. The lowest was 0.00. And the median was 0.00.

ELRC's Dividend Payout Ratio is not ranked
in the Business Services industry.
Industry Median: 0.39 vs ELRC: 1.55

As of today (2024-04-18), the Dividend Yield % of Electro Rent is 3.23%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Electro Rent was 3.23%. The lowest was 0.00%. And the median was 0.00%.

Electro Rent's Dividends per Share for the months ended in Feb. 2016 was $0.13.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Electro Rent Dividend Payout Ratio Historical Data

The historical data trend for Electro Rent's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Electro Rent Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

May13

May14

May15

Dividend Payout Ratio

0.61

0.75

0.85

0.95

1.27

Electro Rent Quarterly Data
	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16
Dividend Payout Ratio																2.00	1.43	1.25	1.39	3.13

Competitive Comparison

For the Rental & Leasing Services subindustry, Electro Rent's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Electro Rent Dividend Payout Ratio Distribution

For the Business Services industry and Industrials sector, Electro Rent's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Electro Rent's Dividend Payout Ratio falls into.

Electro Rent Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Electro Rent's Dividend Payout Ratio for the fiscal year that ended in May. 2015 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: May. 2015 )	/	EPS without NRI (A: May. 2015 )
	=	0.8	/	0.63
	=	1.27

Electro Rent's Dividend Payout Ratio for the quarter that ended in Feb. 2016 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2016 )	/	EPS without NRI (Q: Feb. 2016 )
	=	0.125	/	0.04
	=	3.13

Electro Rent (NAS:ELRC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Electro Rent Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Electro Rent's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Electro Rent (Electro Rent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Electro Rent Corp (NAS:ELRC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.electrorent.com

Electro Rent Corp was incorporated in California in 1965 and became a publicly held corporation in 1980. The Company rental, lease and sells of new and used electronic test and measurement equipment. The Company purchases that equipment from manufacturers such as Agilent and Tektronix primarily for use by its customers in the aerospace, telecommunications, defense, electronics, industrial and semiconductor industries. The Company data products division provides personal computers and servers from manufacturers including Dell, HP/Compaq, IBM, Toshiba and Apple. It has also expanded its rental, lease and sale of electrical test and inspection equipment used in the industrial industry, which includes electrical contractors and utility companies and their related support services providers. The Company's competitors in the North American T&M rental area include McGrath Rent Corp., Continental Resources, Test Equity and Microlease PLC. It competes for rental business with Microlease plc and Livingston Group Ltd. in Europe and Orix Corporation in Asia.

Executives

James S Pignatelli	director	2300 E SLINGSHOT WAY, KAMAS UT 84036
Theodore E Guth	director	6060 SEPULVEDA BOULEVARD, VAN NUYS CA 91411
Joseph J Kearns	director	C/O ELECTRO RENT CORP, 6060 SEPULVEDA BLVD, VAN NUYS CA 91411
Platinum Equity Llc	10 percent owner	360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Tom Gores	10 percent owner	C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Investment Holdings Iii, Llc	10 percent owner	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Iii, Llc	10 percent owner	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
S Lee Kling	director	1401 S BRENTWOOD BLVD, ST LOUIS MO 63144

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