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', FIX's dividend payout ratio was 0.12, demonstrating the portion of earnings distributed as dividends. Industry average for Engineering & Construction in '2021' stood at 0.06.
• In '2022', FIX's dividend payout ratio was 0.10, demonstrating the portion of earnings distributed as dividends. Industry average for Engineering & Construction in '2022' stood at 0.15. Industry average increased by 0.09 compared to previous year.
• In '2023', FIX's dividend payout ratio was 0.09, demonstrating the portion of earnings distributed as dividends. Industry average for Engineering & Construction in '2023' stood at 0.32. Industry average increased by 0.17 compared to previous year.
• In '2024', FIX's dividend payout ratio was 0.09, demonstrating the portion of earnings distributed as dividends. Industry average for Engineering & Construction in '2024' stood at 0.35. Industry average increased by 0.03 compared to previous year.
Overall, FIX's dividend payout ratio has consistently declined during the past 4 years.

Formula: Dividend Payout Ratio = Dividends / Net Income

Good Range: Ranges widely; 30%-60% common for mature firms.