PUK Payout Ratio: current value, 10-year range and year-by-year history
Cash & Leverage
Payout Ratio History
PUK Payout Ratio by year
Yearly range of PUK’s payout ratio from 2017 to 2026. Over the full period it ranged from 11.3% to 1,566.1%, averaging 127.0%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 20.2% | 20.2% | 20.2% | 20.2% |
| 2025 | 11.3% | 14.1% | 16.8% | 11.3% |
| 2024 | 14.6% | 20.3% | 26.1% | 14.6% |
| 2023 | 36.0% | 40.6% | 45.3% | 36.0% |
| 2022 | 29.4% | 34.8% | 40.2% | 40.2% |
| 2021 | 25.6% | 25.6% | 25.6% | 25.6% |
| 2020 | 1,566.1% | 1,566.1% | 1,566.1% | 1,566.1% |
| 2019 | 25.4% | 25.4% | 25.4% | 25.4% |
| 2018 | 44.4% | 44.8% | 45.1% | 44.4% |
| 2017 | 38.6% | 42.4% | 46.2% | 46.2% |
Get notified when PUK Payout Ratio crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
What fraction of free cash flow is paid out as dividends. More reliable than the earnings-based payout ratio because cash is harder to manipulate through accounting choices. Low ratio = room to grow the dividend and absorb an earnings dip. High ratio = dividend is consuming most of the cash generated.
TTM Dividends Per Share / (TTM FCF ÷ Shares) × 100%A steadily rising FCF payout ratio warrants scrutiny only if FCF itself is flat or falling — that means the company is paying out a larger slice of shrinking cash. A high but stable ratio in a capital-light business (e.g. consumer staples) can be perfectly sustainable.
- FCF can be lumpy: large one-off capex or working-capital swings distort a single year. Look at the multi-year trend rather than any single data point.
- Utilities and REITs naturally sustain 60–90% FCF payout ratios; industrials and tech companies typically run 20–50%. Always compare to sector context.
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.