Credit Suisse Income Fund(Cik) Financials: Dividend Payout Ratio Compared To Industry Average, Plus Other Key Ratios
Valuation Trend (Last 5 Years)
Valuation - dividend payout ratio
This chart shows the historical trend of dividend payout ratio for CIK compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Dividend Payout Ratio
Definition: The dividend payout ratio shows what portion of the company’s profits are paid out to shareholders as dividends. If it’s 60%, that means 60% goes to shareholders, while 40% is kept inside the business for future growth. High payout ratios reward shareholders today. Lower payout ratios suggest the company believes it can earn even more by reinvesting in itself.
Interpretation:
• In '2021', CIK's dividend payout ratio was 0.94, demonstrating the portion of earnings distributed as dividends. Industry average for Finance/Investors Services in '2021' stood at 0.85.
• In '2022', CIK's dividend payout ratio was 3.79, demonstrating the portion of earnings distributed as dividends. Industry average for Finance/Investors Services in '2022' stood at 1.68. Industry average increased by 0.83 compared to previous year.
• In '2023', CIK's dividend payout ratio was 7.83, demonstrating the portion of earnings distributed as dividends. Industry average for Finance/Investors Services in '2023' stood at 1.54. Industry average declined by 0.13 from previous year.
• In '2024', CIK's dividend payout ratio was 0.69, demonstrating the portion of earnings distributed as dividends. Industry average for Finance/Investors Services in '2024' stood at 1.39. Industry average declined by 0.15 from previous year.
Overall, CIK's dividend payout ratio has been volatile but showed a downward trend over the past 4 years.
Formula: Dividend Payout Ratio = Dividends / Net Income
Good Range: Ranges widely; 30%-60% common for mature firms.