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Electro Rent Corp (NAS:ELRC)
Dividend Payout Ratio
3.13 (As of Feb. 2016)

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

Warning Sign:

If a company dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout of Electro Rent Corp is 3.125, which seems too high.

ELRC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.46   Max: 3.13
Current: 1.54

0.46
3.13

During the past 13 years, the highest Dividend Payout Ratio of Electro Rent Corp was 3.13. The lowest was 0.46. And the median was 0.95.

ELRC's Dividend Payout Ratio is ranked lower than
92% of the 149 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 0.87 vs. ELRC: 1.54 )

As of Today, the Trailing Annual Dividend Yield of Electro Rent Corp is 3.83%.

Warning Sign:

Electro Rent Corp stock dividend yield is close to 2-year low.

During the past 13 years, the highest Trailing Annual Dividend Yield of Electro Rent Corp was 8.40%. The lowest was 0.65%. And the median was 4.75%.

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

During the past 12 months, Electro Rent Corp's average Dividends Per Share Growth Rate was -28.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Electro Rent Corp was 10.10% per year. The lowest was 0.00% per year. And the median was 0.00% per year.

The growth rate is calculated with least square regression.

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


Definition

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

Electro Rent Corp'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 )
=0.8/0.633
=1.26

Electro Rent Corp'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

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

EPS without NRI, Net Income, Dividends Per Share, Earnings per Share, Dividend Yield, 3-Year Dividends Growth Rate, 5-Year Dividends Growth Rate


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Electro Rent Corp Annual Data

May06May07May08May09May10May11May12May13May14May15
payout 0.000.000.561.281.240.610.750.850.961.26

Electro Rent Corp Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
payout 0.871.051.051.001.002.001.431.251.393.13
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