Payout Ratio Calculator Excel Template
Payout Ratio Calculator Excel Template
Interactive Excel Financial Model
Download, customize, and integrate into your own analysis
What's Included
- Interactive financial model with live Excel formulas
- All formulas visible and fully editable
- Professional formatting with color-coded inputs & outputs
- Formula reference sheet with variable definitions
- Step-by-step instructions sheet
- Compatible with Microsoft Excel 2016 and later
Download Template
Price range: $0.00 through $20.00
Calculate payout ratio, retention ratio, DPS, EPS, dividend yield, and sustainable growth rate with this editable Excel template.
Online Calculator vs Excel Template
| Feature | Online | Excel |
|---|---|---|
| Instant use — no download | ✓ | — |
| Works offline | — | ✓ |
| Customize formulas & layout | — | ✓ |
| Save & share with colleagues | — | ✓ |
| Integrate into your own models | — | ✓ |
| Print-ready formatting | — | ✓ |
About This Template
Analyze corporate dividend policy with this Payout Ratio Calculator Excel template. Enter your company's financial data and instantly calculate payout ratio, retention ratio, and sustainable growth rate — all with transparent, editable formulas.
What You Can Calculate
This template provides 8 key dividend policy metrics:
- Payout Ratio — Percentage of earnings distributed as dividends
- Retention Ratio — Percentage of earnings reinvested (1 - Payout)
- Payout Classification — Automatic tier rating from No Dividend to Unsustainable
- Dividend Per Share (DPS) — Annual dividend amount per share
- Earnings Per Share (EPS) — Net income per share
- Dividend Yield — DPS as percentage of stock price
- Return on Equity (ROE) — Profitability relative to equity
- Sustainable Growth Rate (SGR) — Maximum growth without new equity
Required Inputs
Enter 5 values from financial statements:
- Net Income — From the income statement
- Dividends Paid — Total annual dividends to common shareholders
- Shares Outstanding — Weighted-average basic shares
- Stock Price — Current market price per share
- Stockholders' Equity — Beginning-of-period book value (optional for basic ratios)
Methodology
The template uses standard corporate finance formulas: Payout Ratio = Dividends / Net Income, and SGR = ROE × Retention Ratio. All formulas are visible and editable — right-click the sheet tab and select "Unprotect Sheet" to inspect or customize.
Assumptions & Limitations
- Based on current-period net income and trailing twelve-month dividends
- SGR assumes constant ROE and payout ratio going forward
- Does not account for share buybacks as a form of capital return
Frequently Asked Questions
Yes. Copy the Calculator sheet to create side-by-side comparisons. Each sheet calculates independently, letting you compare dividend policies across companies in your portfolio or sector analysis.
Change the Dividends Paid input to test different payout levels. The template instantly recalculates retention ratio and sustainable growth rate, showing how dividend policy changes affect reinvestment capacity.
SGR links dividend policy to growth potential. By including ROE and SGR alongside payout ratio, you can analyze whether a company's dividend policy is sustainable given its profitability and growth needs.
A fully interactive financial model with live Excel formulas, an Instructions sheet with usage guide, and a Formula Reference sheet with variable definitions and model assumptions. All formulas are visible and editable.
Microsoft Excel 2016 or later. The template uses standard Excel formulas only — no macros, VBA, or add-ins required.
Yes. All cells are fully editable. You can modify any formula, add your own calculations, change formatting, or integrate the model into your existing spreadsheets.
The online calculator runs in your browser for quick calculations. This Excel template gives you a portable, offline financial model you can customize, save, share with colleagues, and integrate into your own analysis.
This template is provided for educational and personal use. You may use it in your own professional analysis and presentations. Redistribution or resale of the template itself is not permitted.
You can re-download the latest version from your account or by requesting a new download link. Free downloads are limited to 5 per email address per month.
