Share of net income already committed to the dividend
Answered against 22 years of US equities and 12 years of US options data and published with the query that produced it. This result is stored as of 2026-08-08, from Dividends vs Buybacks: Shareholder Yield.
| ticker | payout_ratio_pct |
|---|---|
| CVX | 105.8 |
| KO | 84.1 |
| PEP | 71.5 |
| JNJ | 61 |
| HD | 60.3 |
| CSCO | 56.6 |
| MSFT | 19.5 |
| AAPL | 11.2 |
- Rows × columns
- 8 × 2
- Computed
- Completeness
- No missing values
- Source
- US exchange, SIP and OPRA market data
- Licence
- Strasmore terms · free, no signup
What each column holds
| Column | Type | Range | Notes |
|---|---|---|---|
ticker |
text | 8 distinct values (AAPL, CSCO, CVX…) | |
payout_ratio_pct |
number | 11.2 to 105.8 | percent |
Computed from Strasmore's warehouse of US exchange, SIP and OPRA market data. Equity prices are delayed; options greeks and implied volatility are end-of-day. This result is stored, not recomputed on load — it is exactly the numbers that were returned on , and the query below is what returned them.
Run it yourself
This is the exact query behind the result above. Change a ticker, a date or a column and run it against the warehouse — no account, no key. The no-signup tier is smaller than the one this page was computed on; a query that reaches past it comes back saying which plan runs it.
SELECT
ticker,
round(100 * sum(dividends_q) / sum(net_income_q), 1) AS payout_ratio_pct
FROM
(
SELECT
arrayJoin(tickers) AS ticker,
period_end,
toFloat64(abs(argMax(dividends, (filing_date, period_end)))) AS dividends_q,
toFloat64(argMax(net_income, (filing_date, period_end))) AS net_income_q
FROM global_markets.stocks_cash_flow_statements
WHERE timeframe = 'quarterly'
AND period_end > today() - 400
AND hasAny(tickers, ['AAPL', 'MSFT', 'KO', 'PEP', 'CVX', 'CSCO', 'HD', 'JNJ'])
GROUP BY ticker, period_end
HAVING ticker IN ('AAPL', 'MSFT', 'KO', 'PEP', 'CVX', 'CSCO', 'HD', 'JNJ')
)
GROUP BY ticker
HAVING sum(net_income_q) > 0
ORDER BY payout_ratio_pct DESC
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