Overtime we expect to build to a regular dividend pay-out ratio
in the order of 40%.
Under this adjustment, Pandox's new target is a dividend pay-out ratio
of 30% to 50%, as compared with the prior 40% to 60%, of total cash earnings, with an average dividend pay-out ratio
over time of approximately 40%, instead of the previous 50%.
Historically the interim dividend pay-out ratio has been approximately 40 percent.
Dividend pay-out ratio maintained at 50 to 80 per cent of net profit after tax of full year earnings.
Dividend pay-out ratio was considered a measure of the company paying dividend.
After conducting the factor analysis, multiple regression was done on the factor scores as independent variables and the dividend pay-out ratio of 2016 as the dependent variable.
Large market capitalisation, and high PAT indicate high market values and profitability increasing the dividend pay-out ratio of the company.
Since all factors considered above have a positive sign while generating the factor score and the combined impact of all factors is considered to be positively related to dividend pay-out ratio, hence the expected sign of the factor is positive.
RRE and pay-out ratio are correlated to the factor and dividend pay-out ratio in the same way.
return on net worth and dividend pay-out ratio of previous year.
The apex bank added that banks that meet the minimum Capital Adequacy Ratio (CAR) but have a CRR of 'Above Average' or an NPL ratio of more than 5 percent but less than 10 percent would have a dividend pay-out ratio
of not more than 30 percent.
Dividend pay-out ratios
are high by international standards and the four banks propose to distribute between 70% and 75% of 2015's net income to shareholders.