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Dividend as a percent of EPS: large equity REITs against every other US dividend payer

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 2026-08-22, from REIT Payout Ratio: FFO vs EPS Explained.

as of ranking 2×4read in context →
Dividend as a percent of EPS: large equity REITs against every other US dividend payer — 2 rows by 4 columns, computed from US exchange, SIP and OPRA data.
categorycompany_countmedian_eps_payout_pctpct_paying_over_earnings
All other dividend payers113835.815.6
Equity REITs11126.481.8
Rows × columns
2 × 4
Computed
Completeness
No missing values
Source
US exchange, SIP and OPRA market data
Licence
Strasmore terms · free, no signup
Formats
JSON · CSV · the SQL below

What each column holds

Column definitions for Dividend as a percent of EPS: large equity REITs against every other US dividend payer, derived from the stored result.
ColumnTypeRangeNotes
category text 2 distinct values (All other dividend payers, Equity REITs)
company_count number 11 to 1,138 count
median_eps_payout_pct number 35.8 to 126.4 percent
pct_paying_over_earnings number 15.6 to 81.8 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.

the exact SQL behind every number
SELECT multiIf(ticker IN ('O','SPG','PLD','PSA','AVB','EQR','VTR','WELL','KIM','FRT','NNN','MAA','ARE','IRM'),
               'Equity REITs',
               'All other dividend payers') AS category,
       count() AS company_count,
       round(quantileDeterministic(0.5)(toFloat64(dividend_yield * price / earnings_per_share) * 100,
                                        cityHash64(ticker)), 1) AS median_eps_payout_pct,
       round(100 * countIf(dividend_yield * price > earnings_per_share) / count(), 1) AS pct_paying_over_earnings
FROM global_markets.stocks_ratios
WHERE date = (SELECT max(date) FROM global_markets.stocks_ratios)
  AND price >= 5
  AND market_cap >= 1000000000
  AND dividend_yield > 0
  AND earnings_per_share > 0
GROUP BY category
ORDER BY category

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