Dividends
and FCFE by Sector (US)Data Used: Multiple data services
Date of Analysis: Data used is as of January 2021
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 2021
By Aswath Damodaran