The dividend payout ratio is the percentage of income to be paid to shareholders from the actual profit of the company in which investment is made. The given below dividend payout ratio formula guides you to calculate the net income per share of a shareholder of a company. Just substitute the values of yearly yield and perform operations as demanded by the formula to get the result. Basic division and subtraction are the operations required for performing this calculation.

Also, this page provides you the related calculator which is designed based on the dividend payout ratio formula to verify your manual results.