We can see this dynamic by comparing the free cash flow payout ratios of a few different consumer staple companies to cyclical businesses and companies with large investment opportunities. (simplysafedividends.com)
The first is that management has taken a disciplined approach to maintaining a moderate and safe free cash flow payout ratio. (simplysafedividends.com)
The company's score is helped by its relatively low free cash flow payout ratio, which sits at 52 % over the last four quarters. (simplysafedividends.com)