All of the above dividend growth stocks sport dividend payout ratios of less than 50 %. (millionairemob.com)
This has allowed the company to maintain a fairly consistent dividend payout ratio of about 50 %. (dividendsdiversify.com)
It is in a cyclical business so earnings could fluctuate, however, the strong balance sheet and powerful brand combined with low payout ratio gives the dividend a significant margin of safety. (scottsinvestments.com)