Dividend Per Share - DPS

Filed Under » ,
Dictionary Says

Definition of 'Dividend Per Share - DPS'

The the sum of declared dividends for every ordinary share issued. Dividend per share (DPS) is the total dividends paid out over an entire year (including interim dividends but not including special dividends) divided by the number of outstanding ordinary shares issued.

DPS can be calculated by using the following formula:

Dividend Per Share (DPS)
 
D - Sum of dividends over a period (usually 1 year)
SD - Special, one time dividends
S - Shares outstanding for the period 

Investopedia Says

Investopedia explains 'Dividend Per Share - DPS'

Dividends per share are usually easily found on quote pages as the dividend paid in the most recent quarter which is then used to calculate the dividend yield. Dividends over the entire year (not including any special dividends) must be added together for a proper calculation of DPS, including interim dividends. Special dividends are dividends which are only expected to be issued once so are not included. The total number of ordinary shares outstanding is sometimes calculated using the weighted average over the reporting period.

For example: ABC company paid a total of $237,000 in dividends over the last year of which there was a special one time dividend totalling $59,250. ABC has 2 million shares outstanding so its DPS would be ($237,000-$59,250)/2,000,000 = $0.0889 per share.

Dividends are a form of profit distribution to the shareholder. Having a growing dividend per share can be a sign that the company's management believes that the growth can be sustained.

Video Definition


Search results for

'Dividend Per Share (DPS)'

  • Why Insiders Like These Three Stocks

    http://stocks.investopedia.com/stock-analysis/2011/Why-Insiders-Like-These-Three-Stocks-PHM-TOL-DPS-LO-PM0302.aspx
    ... DPS) picked up more than $35,000 worth of DPS shares. The purchase came at a price
    of $35.62 per share. ... themselves drawn in by the stock's 2.7% dividend yield ...
  • Pepsi's Repurchase And Dividend Increase Is Bad For Shareholders

    http://stocks.investopedia.com/stock-analysis/2010/Pepsis-Repurchase-And-Dividend-Increase-Is-Bad-For-Shareholders-PEPDPSHPQPGJNJ0317.aspx
    ... no idea what the average price paid per share shall will ... Second, a special dividend
    of $5 billion in each ... moves is wiser than playing the share repurchase flim ...
  • Best Stocks In May 2010

    http://stocks.investopedia.com/stock-analysis/2010/Best-Stocks-In-May-2010-S-PCS-SNDK-DPS-PTV0601.aspx
    ... Dr Pepper Snapple Group (NYSE:DPS) reported better-than-expected ... year to a range
    of $2.29 to $2.37 per share. ... felt confident enough to raise its dividend to 25 ...
  • 5 Large Caps That Did Big Buybacks

    http://stocks.investopedia.com/stock-analysis/2011/5-Large-Caps-That-Did-Big-Buybacks-TXN-WMT-PEP-UTX-COP-DPS-TST0307.aspx
    ... should instead go to seriously upping the dividend, paying off ... I'm not a fan of share
    repurchases and ... tax-free ones through higher earnings per share, it's a ...
  • Dr. Pepper Snapple’s Sales Challenge

    http://stocks.investopedia.com/stock-analysis/2011/Dr.-Pepper-Snapples-Sales-Challenge-DPS-KO-PEP-REED-COTT0222.aspx
    ... and five percent and earnings in a range of $2.70 and $2.78 per diluted share. ... The
    forward P/E is very reasonable at less than 13 and dividend yield is ...
  • 3 Stocks Ignoring The Down Market

    http://stocks.investopedia.com/stock-analysis/2010/3-Stocks-Ignoring-The-Down-Market-ALTR-DPS-SRCL-KO-WMI0707.aspx
    ... heightened by a 65% hike to the dividend earlier this ... a 70% run in the past year,
    DPS shares now ... margins are an impressive 26%, and earnings per share are up 75 ...
  • McCormick's Outlook Easy To Stomach

    http://stocks.investopedia.com/stock-analysis/2010/McCormicks-Outlook-Easy-To-Stomach-MKC-KR-SVU-KFT-DPS1001.aspx
    ... Kraft (NYSE:KFT) and Dr. Pepper Snapple (NYSE:DPS), were about ... earnings growth between
    9% and 11%, or $2.67-2.71 per share. ... A 2.5% dividend yield is also nice. ...
  • For Investors, Coke Wins Out Over Pepsi

    http://stocks.investopedia.com/stock-analysis/2009/For-Investors-Coke-Wins-Out-Over-Pepsi-KO-PEP-CL-DPS0722.aspx
    ... ended July 3, Coke earned 92 cents per share excluding items ... bad given that it's
    expected to grow 7.7% per year in ... It also has a solid dividend, with a forward ...
  • Pepsi Snacks Sizzle, Soda Flat

    http://stocks.investopedia.com/stock-analysis/2010/Pepsi-Snacks-Sizzle-Soda-Flat-PEP-KO-HANS-FIZZ-DPS0217.aspx
    ... from $5.14 billion, along with earnings per share of $3.77 ... beverage company, Dr.
    Pepper Snapple (NYSE:DPS), another good ... it pays a nearly 3% dividend yield and ...

Related Articles

Partner Links