Dividends and FCFE by Sector (US)

Data Used: Multiple data services

Date of Analysis: Data used is as of January 2020

Download as an excel file instead: http://www.stern.nyu.edu/~adamodar/pc/datasets/divfcfe.xls

For global datasets: http://www.stern.nyu.edu/~adamodar/New_Home_Page/data.html

can be obtained by clicking here

on which companies are included in each industry

Industry name Number of firms    Dividends     Net Income   Payout Dividends + Buybacks Cash Return as % of Net Income Dividends + Buybacks - Stock Issuances FCFE (before debt cash flows) FCFE (after debt cash flows) Net Cash Returned/FCFE (pre-debt) Net Cash Returned/FCFE (post-debt) Net Cash Returned/ Net Income Cash/ Firm Value
Advertising 47 $1,007.57 $994.29 101.33%  $                                             1,671.82 168.14% $1,034.63 $1,548.15 $1,626.45 66.83% 63.61% 104.06% 6.00%
Aerospace/Defense 77 $13,358.36 $30,260.80 44.14%  $                                           26,842.92 88.71% $24,967.45 $15,637.16 $26,028.66 159.67% 95.92% 82.51% 3.40%
Air Transport 18 $2,116.60 $14,037.91 15.08%  $                                             9,373.59 66.77% $9,278.45 $4,189.25 $3,336.92 221.48% 278.05% 66.10% 4.19%
Apparel 51 $1,941.40 $4,509.20 43.05%  $                                             4,065.23 90.15% $3,483.53 $3,882.79 $3,537.03 89.72% 98.49% 77.25% 3.16%
Auto & Truck 13 $5,372.20 $10,416.00 51.58%  $                                             6,219.47 59.71% $5,118.93 -$358.05 $5,254.00 NA 97.43% 49.14% 6.89%
Auto Parts 46 $711.21 $2,703.61 26.31%  $                                             2,165.19 80.09% $2,064.24 $569.22 $3,966.48 362.65% 52.04% 76.35% 7.44%
Bank (Money Center) 7 $30,543.33 $111,467.57 27.40%  $                                         104,521.86 93.77% $104,017.60 $103,021.05 $220,993.05 100.97% 47.07% 93.32% 23.33%
Banks (Regional) 611 $15,982.24 $53,686.89 29.77%  $                                           39,442.68 73.47% $37,878.97 $46,440.10 $46,546.38 81.57% 81.38% 70.56% 10.69%
Beverage (Alcoholic) 21 $1,275.56 $1,903.72 67.00%  $                                             1,449.01 76.11% $1,346.57 $378.25 $1,938.49 356.00% 69.46% 70.73% 0.72%
Beverage (Soft) 34 $12,873.37 $22,412.36 57.44%  $                                           17,833.98 79.57% $15,744.54 $20,445.75 $14,703.46 77.01% 107.08% 70.25% 2.34%
Broadcasting 27 $7,274.69 $19,069.99 38.15%  $                                             8,226.13 43.14% $8,188.55 $19,760.32 $41,342.17 41.44% 19.81% 42.94% 4.35%
Brokerage & Investment Banking 39 $6,144.97 $27,664.88 22.21%  $                                           22,758.54 82.27% $22,508.74 $46,868.34 $23,633.02 48.03% 95.24% 81.36% 14.58%
Building Materials 42 $839.13 $3,137.46 26.75%  $                                             3,542.04 112.90% $2,837.67 $2,640.09 $3,536.38 107.48% 80.24% 90.44% 2.52%
Business & Consumer Services 165 $3,650.99 $4,945.63 73.82%  $                                             8,137.18 164.53% $7,154.31 $6,067.38 $7,349.54 117.91% 97.34% 144.66% 2.95%
Cable TV 14 $3,910.50 $16,891.60 23.15%  $                                           16,423.67 97.23% $16,260.96 $20,252.16 $47,508.86 80.29% 34.23% 96.27% 1.11%
Chemical (Basic) 43 $2,744.76 $3,020.79 90.86%  $                                             4,162.31 137.79% $4,079.73 $1,363.64 -$713.13 299.18% NA 135.06% 5.60%
Chemical (Diversified) 6 $655.00 $1,044.30 62.72%  $                                             1,794.48 171.84% $1,783.46 $978.25 $695.15 182.31% 256.56% 170.78% 4.06%
Chemical (Specialty) 94 $7,341.11 $11,471.53 63.99%  $                                           17,066.95 148.78% $15,532.06 $6,540.26 $8,399.03 237.48% 184.93% 135.40% 3.08%
Coal & Related Energy 22 $98.41 $585.35 16.81%  $                                                976.28 166.79% $938.86 $671.89 $505.52 139.73% 185.72% 160.39% 16.68%
Computer Services 106 $7,329.76 $14,059.04 52.14%  $                                           19,674.76 139.94% $18,961.83 $18,919.31 $42,806.08 100.22% 44.30% 134.87% 5.42%
Computers/Peripherals 48 $16,940.64 $63,107.64 26.84%  $                                         108,872.48 172.52% $107,645.28 $65,022.99 $59,072.04 165.55% 182.23% 170.57% 4.51%
Construction Supplies 44 $4,210.27 $14,748.92 28.55%  $                                           13,051.54 88.49% $12,885.41 $8,477.98 $14,908.54 151.99% 86.43% 87.37% 5.03%
Diversified 23 $6,415.54 $35,206.44 18.22%  $                                           17,572.60 49.91% $16,540.22 $27,807.37 $25,352.28 59.48% 65.24% 46.98% 8.99%
Drugs (Biotechnology) 503 $12,873.82 -$1,127.74 0.10%  $                                           34,353.40 NA $10,804.43 -$1,457.71 -$8,599.17 NA NA -958.06% 6.99%
Drugs (Pharmaceutical) 267 $28,629.98 $46,633.12 61.39%  $                                           60,773.18 130.32% $53,323.14 $53,055.65 $87,818.59 100.50% 60.72% 114.35% 4.76%
Education 35 $73.50 $1,612.38 4.56%  $                                                662.03 41.06% $579.52 $1,114.01 $637.77 52.02% 90.87% 35.94% 5.47%
Electrical Equipment 113 $2,243.56 $6,097.36 36.80%  $                                             5,740.13 94.14% $5,369.89 $4,795.64 $7,871.20 111.97% 68.22% 88.07% 4.51%
Electronics (Consumer & Office) 20 $0.00 -$134.87 0.00%  $                                                  25.27 NA -$34.19 -$178.81 -$128.26 NA NA 25.35% 11.72%
Electronics (General) 153 $1,560.73 $6,326.54 24.67%  $                                             5,532.17 87.44% $4,781.89 $1,895.59 $3,795.59 252.26% 125.99% 75.58% 5.46%
Engineering/Construction 54 $473.68 $1,285.00 36.86%  $                                             3,364.95 261.86% $2,788.97 -$351.39 -$1,339.54 NA NA 217.04% 6.88%
Entertainment 107 $3,578.50 $16,163.64 22.14%  $                                             5,451.91 33.73% $4,232.52 $15,323.17 $24,182.86 27.62% 17.50% 26.19% 3.57%
Environmental & Waste Services 82 $1,871.40 $3,500.49 53.46%  $                                             3,161.57 90.32% $2,875.39 $3,430.88 $7,142.26 83.81% 40.26% 82.14% 2.25%
Farming/Agriculture 31 $2,347.43 $4,173.62 56.24%  $                                             4,316.87 103.43% $4,069.11 $178.60 $3,625.43 2278.39% 112.24% 97.50% 2.98%
Financial Svcs. (Non-bank & Insurance) 232 $9,596.86 $60,133.41 15.96%  $                                           32,110.92 53.40% $29,862.78 $40,243.96 -$206,345.42 74.20% NA 49.66% 2.14%
Food Processing 88 $9,425.53 $3,102.32 303.82%  $                                           12,923.16 416.56% $11,513.61 $468.44 -$6,189.35 2457.85% NA 371.13% 1.89%
Food Wholesalers 17 $836.60 $1,652.07 50.64%  $                                             2,027.59 122.73% $1,703.73 $401.06 $2,123.91 424.80% 80.22% 103.13% 0.75%
Furn/Home Furnishings 35 $573.87 $2,369.45 24.22%  $                                             1,218.16 51.41% $1,131.48 $1,583.40 $824.03 71.46% 137.31% 47.75% 3.45%
Green & Renewable Energy 22 $352.40 -$264.68 0.12%  $                                                352.40 NA $185.55 -$267.46 $574.29 NA 32.31% -70.10% 2.10%
Healthcare Products 242 $5,028.28 $16,610.24 30.27%  $                                           12,147.06 73.13% $4,293.90 $12,715.45 $23,481.20 33.77% 18.29% 25.85% 3.37%
Healthcare Support Services 128 $10,558.66 $27,515.67 38.37%  $                                           29,561.31 107.43% $25,685.54 $23,011.73 $33,483.94 111.62% 76.71% 93.35% 4.81%
Heathcare Information and Technology 129 $695.12 $8,141.04 8.54%  $                                             9,456.28 116.16% $473.13 $8,710.09 $8,980.55 5.43% 5.27% 5.81% 2.70%
Homebuilding 32 $606.50 $8,352.62 7.26%  $                                             3,974.05 47.58% $3,332.79 $4,656.42 $3,720.54 71.57% 89.58% 39.90% 6.39%
Hospitals/Healthcare Facilities 36 $742.00 $3,141.81 23.62%  $                                             2,735.98 87.08% $2,694.18 $40.00 $1,588.70 6734.78% 169.58% 85.75% 1.18%
Hotel/Gaming 65 $6,817.01 $12,553.26 54.30%  $                                           13,963.27 111.23% $13,117.54 $10,975.97 $17,087.83 119.51% 76.77% 104.50% 3.05%
Household Products 127 $12,694.79 $8,320.08 152.58%  $                                           18,119.66 217.78% $12,944.92 $9,251.85 $4,786.11 139.92% 270.47% 155.59% 2.62%
Information Services 69 $7,420.56 $29,786.37 24.91%  $                                           30,335.22 101.84% $28,254.16 $31,381.05 $64,458.21 90.04% 43.83% 94.86% 2.70%
Insurance (General) 19 $3,295.89 $7,838.62 42.05%  $                                             5,092.31 64.96% $4,507.01 $12,952.99 $20,115.84 34.80% 22.41% 57.50% 4.40%
Insurance (Life) 24 $5,454.81 $20,925.25 26.07%  $                                           15,792.50 75.47% $15,341.28 $20,111.40 $23,942.59 76.28% 64.08% 73.31% 15.14%
Insurance (Prop/Cas.) 51 $5,600.99 $15,637.64 35.82%  $                                           10,645.14 68.07% $9,818.87 $15,186.07 $15,430.07 64.66% 63.63% 62.79% 3.86%
Investments & Asset Management 192 $11,482.28 $23,277.25 49.33%  $                                           26,324.38 113.09% $21,120.94 $20,528.47 $38,464.57 102.89% 54.91% 90.74% 15.18%
Machinery 120 $4,309.65 $15,390.63 28.00%  $                                             8,831.56 57.38% $7,656.68 $14,460.74 $24,067.68 52.95% 31.81% 49.75% 3.71%
Metals & Mining 92 $1,637.14 $806.55 202.98%  $                                             1,768.68 219.29% -$1,905.61 -$173.68 -$441.42 NA NA -236.27% 6.27%
Office Equipment & Services 22 $377.65 $979.07 38.57%  $                                                732.97 74.86% $684.03 $832.73 $612.23 82.14% 111.73% 69.86% 6.32%
Oil/Gas (Integrated) 4 $25,649.00 $28,795.30 89.07%  $                                           29,629.00 102.90% $19,602.13 $26,115.61 $46,539.81 75.06% 42.12% 68.07% 3.10%
Oil/Gas (Production and Exploration) 269 $4,383.35 $16,021.04 27.36%  $                                           16,287.12 101.66% $12,495.91 -$5,568.55 -$975.57 NA NA 78.00% 3.51%
Oil/Gas Distribution 24 $8,026.26 $2,647.06 303.21%  $                                             7,041.85 266.03% $5,977.58 -$8,557.12 $386.78 NA 1545.47% 225.82% 1.63%
Oilfield Svcs/Equip. 136 $9,257.01 -$15,283.39 0.32%  $                                           18,620.16 NA $17,715.14 -$17,447.70 -$14,887.54 NA NA -115.91% 5.06%
Packaging & Container 24 $2,582.50 $5,742.37 44.97%  $                                             5,554.68 96.73% $4,759.10 $3,980.09 $13,544.16 119.57% 35.14% 82.88% 2.29%
Paper/Forest Products 15 $300.10 $167.25 179.43%  $                                             1,063.92 636.13% $1,061.86 -$18.08 -$522.60 NA NA 634.90% 5.46%
Power 52 $17,903.25 $18,345.88 97.59%  $                                           22,692.75 123.69% $12,782.86 -$39,701.60 -$2,052.65 NA NA 69.68% 1.44%
Precious Metals 83 $454.59 $2,188.65 20.77%  $                                                584.84 26.72% $414.30 $2,261.29 $1,281.21 18.32% 32.34% 18.93% 5.31%
Publishing & Newspapers 31 $669.91 -$659.52 0.80%  $                                             1,013.87 NA $959.10 $191.81 -$843.06 500.04% NA -145.42% 6.38%
R.E.I.T. 234 $52,244.06 $27,148.88 192.44%  $                                           48,667.94 179.26% $8,689.17 $63,597.88 $177,295.04 13.66% 4.90% 32.01% 1.60%
Real Estate (Development) 20 $0.06 $134.54 0.05%  $                                                    2.56 1.90% -$107.28 $376.35 $1,157.53 -28.51% -9.27% -79.74% 9.04%
Real Estate (General/Diversified) 12 $24.70 $112.01 22.05%  $                                                  86.60 77.32% $86.54 -$59.89 $126.82 NA 68.23% 77.26% 18.91%
Real Estate (Operations & Services) 57 $370.78 $1,927.89 19.23%  $                                                937.46 48.63% $894.62 $1,803.97 $2,204.83 49.59% 40.58% 46.40% 4.13%
Recreation 63 $1,206.62 $455.42 264.95%  $                                             2,794.78 613.67% $1,457.09 -$356.95 $236.22 NA 616.83% 319.95% 4.52%
Reinsurance 2 $156.90 $859.10 18.26%  $                                                602.90 70.18% $597.52 $717.00 $1,295.10 83.34% 46.14% 69.55% 12.62%
Restaurant/Dining 77 $7,209.12 $13,371.87 53.91%  $                                           25,782.64 192.81% $24,629.64 $10,947.59 $15,821.81 224.98% 155.67% 184.19% 1.40%
Retail (Automotive) 26 $262.30 $5,933.19 4.42%  $                                             5,990.41 100.96% $5,339.96 $4,009.71 $5,503.95 133.18% 97.02% 90.00% 0.79%
Retail (Building Supply) 17 $7,483.44 $13,933.71 53.71%  $                                           21,165.81 151.90% $20,684.37 $9,475.19 $15,671.03 218.30% 131.99% 148.45% 1.03%
Retail (Distributors) 80 $2,239.49 $7,746.99 28.91%  $                                             6,418.67 82.85% $6,002.56 -$3,096.67 $2,280.96 NA 263.16% 77.48% 1.74%
Retail (General) 18 $10,010.63 $22,525.40 44.44%  $                                           23,241.68 103.18% $23,096.95 $19,367.82 $17,457.13 119.25% 132.31% 102.54% 2.53%
Retail (Grocery and Food) 13 $725.70 $2,122.25 34.19%  $                                             1,013.53 47.76% $547.57 $1,289.28 -$358.43 42.47% NA 25.80% 1.26%
Retail (Online) 70 $574.90 $15,987.01 3.60%  $                                           17,133.31 107.17% $15,967.56 $14,676.09 $8,215.95 108.80% 194.35% 99.88% 3.24%
Retail (Special Lines) 89 $5,680.68 $14,169.55 40.09%  $                                           19,389.82 136.84% $18,650.17 $10,487.95 $11,811.13 177.82% 157.90% 131.62% 2.41%
Rubber& Tires 4 $170.10 $222.57 76.43%  $                                                191.48 86.03% $190.03 -$236.55 -$50.38 NA NA 85.38% 7.11%
Semiconductor 72 $18,632.20 $42,428.68 43.91%  $                                           50,381.88 118.74% $46,633.09 $29,274.11 $38,734.36 159.30% 120.39% 109.91% 4.44%
Semiconductor Equip 39 $2,173.79 $7,445.50 29.20%  $                                             8,884.54 119.33% $8,446.30 $7,888.28 $13,236.01 107.07% 63.81% 113.44% 6.54%
Shipbuilding & Marine 10 $50.50 $157.28 32.11%  $                                                  50.86 32.34% $39.72 -$257.70 -$169.67 NA NA 25.25% 2.44%
Shoe 11 $1,498.89 $5,596.95 26.78%  $                                             1,128.25 20.16% $1,107.49 $5,971.15 $6,403.20 18.55% 17.30% 19.79% 2.30%
Software (Entertainment) 86 $0.00 $50,369.94 0.00%  $                                           25,474.90 50.58% $23,654.02 $21,909.02 $25,190.69 107.96% 93.90% 46.96% 2.58%
Software (Internet) 30 $7.22 $280.09 2.58%  $                                             1,695.18 605.22% $144.66 $50.11 $1,688.22 288.68% 8.57% 51.65% 3.49%
Software (System & Application) 363 $18,526.35 $60,650.74 30.55%  $                                           78,103.53 128.78% $64,780.90 $57,642.86 $48,477.88 112.38% 133.63% 106.81% 2.93%
Steel 32 $1,225.01 $6,231.33 19.66%  $                                             3,649.92 58.57% $3,634.96 $4,811.71 $3,578.84 75.54% 101.57% 58.33% 6.89%
Telecom (Wireless) 18 $97.79 $708.37 13.80%  $                                                349.41 49.33% $293.34 -$8,469.16 -$12,931.45 NA NA 41.41% 3.49%
Telecom. Equipment 91 $6,778.22 $12,715.70 53.31%  $                                           26,586.32 209.08% $25,269.98 $11,982.18 $8,334.99 210.90% 303.18% 198.73% 5.25%
Telecom. Services 67 $26,383.77 $15,469.17 170.56%  $                                           27,421.68 177.27% $26,100.48 $30,920.94 $6,222.49 84.41% 419.45% 168.73% 1.35%
Tobacco 17 $13,428.83 $9,345.51 143.69%  $                                           14,146.62 151.37% $14,143.34 $7,064.57 $22,243.65 200.20% 63.58% 151.34% 2.98%
Transportation 18 $4,458.30 $7,432.83 59.98%  $                                             8,462.48 113.85% $7,967.00 -$1,428.01 $2,518.79 NA 316.30% 107.19% 3.08%
Transportation (Railroads) 8 $4,333.00 $12,798.20 33.86%  $                                           17,571.70 137.30% $17,543.85 $10,067.92 $17,002.52 174.25% 103.18% 137.08% 1.05%
Trucking 33 $453.05 -$8,389.62 0.14%  $                                             4,164.65 NA -$8,041.95 -$21,363.84 -$14,429.36 NA NA 95.86% 8.09%
Utility (General) 16 $9,843.10 $13,049.10 75.43%  $                                           10,074.72 77.21% -$2,078.29 -$6,419.95 $8,433.75 NA -24.64% -15.93% 0.35%
Utility (Water) 17 $671.74 $1,008.60 45.97%  $                                                719.56 71.34% -$1,702.95 -$844.96 $808.73 NA -210.57% -168.84% 4.52%
Total Market 7053 $570,044.01 $1,240,057.51 45.97%  $                                      1,372,112.73 110.65% $1,151,889.54 $969,053.73 $1,274,582.07 118.87% 90.37% 92.89% 5.16%
Total Market (without financials) 5878 $481,942.64 $919,426.00 52.42%  $                                      1,115,424.41 121.32% $906,833.36 $663,701.34 $1,091,801.99 136.63% 83.06% 98.63% 3.43%


Updated in January 2020

By Aswath Damodaran