"Dividend payout" refers to the portion of a company's earnings that it distributes to its shareholders as a way of sharing profits. It is a reward or payment made to shareholders for owning the company's stock. Full definition
Although dividend payments are usually discretionary, companies normally seek to maintain a reasonable level of dividend payout in line with the market expectations. (accounting-simplified.com)
A culture focused on increasing dividend payouts keeps management grounded and motivates them for growth and increased profit generation. (dividendladder.com)