Anil, Kanwal and Sujata Kapoor (2008) in their research paper titled "Determinants of dividend payout ratios
--A study of Indian Information Technology sector" published in International Resource Journal of Finance and Economics have tried to identify various factors like profitability , cash flows etc which influence the dividend payout ratio
in Information Technology sector in India in the current scenario.
High payout ratios
can be just a temporary glitch or a sign of a significant problem.
We acknowledge there may be different investor preferences for dividend payout ratios
along a spectrum of 70% - 90% of AFFO.
1) Therefore, if shareholder protection and transparency are keys to higher payouts, payout ratios
should increase after cross listing.
Nestle and ITC's payout ratios
fell in spite of double- digit profit growth.
Larger firms tended to have higher payout ratios
than smaller firms.
Tracy and his team recently scoured the investment landscape in search of companies with dividends yields above 4%, payout ratios
equal to or less than 100%, and a history of boosting dividends by an annualized rate of at least +5%.
With solid balance sheets, strong free cash flow and low payout ratios
, these companies are likely to continue boosting their dividends for years to come.
Firms prefer internal financing to external financing and will adapt their target payout ratios
to their investment opportunities.
Finally, Fitch notes that CPT's cash flow payout ratios
are high for the 'BBB+' rating category.
Additionally, our funds from operations payout ratio
(quarterly common stock dividend divided by quarterly funds from operations) of 65 percent as of June 30, 2013, is one of the lowest payout ratios
in the REIT industry.
In this connection, after analyzing the implications of the TRA on individual and corporate investors, Ben-Horim, Hochman and Palmon |5^ predict that dividend payout ratios
should increase in the post-TRA period.