Target payout ratio

Target payout ratio
A firm's long-run dividend-to-earnings ratio. The firm's policy is to attempt to pay out a
certain percentage of earnings, but it pays a stated dollar dividend and adjusts it to the target as base-line ...

Target payout ratio
Definition: [crh] A firm's long-run dividend-to-earnings ratio. The firm's policy is to attempt to pay out a certain percentage of earnings, but it pays a Definition: HREF="/?

FEASIBLE TARGET PAYOUT RATIOS - Payout ratios that are consistent with the level of excess funds availa...
FEATHERBEDDING - a job that is not necessary (union term) ...

They show that dividend payments are much lower in emerging markets and companies follow less stable dividend policies, although they do have target payout ratios.

The collection of all feasible portfolios.
Feasible target payout ratios
Payout ratios that are consistent with the level of excess funds available to make cash dividend payments.
FED Pass ...

See also: Banks, Expense, Prepayment, Separation theorem, Cash Dividend