Date updated: 5-Jan-24 YouTube Video explaining estimation choices and process. Notes
Created by: Aswath Damodaran, adamodar@stern.nyu.edu The choice of how much to return to shareholders in a business and in what form (dividends or buybacks) is one that every business has to make, and this datasets includes statistics on cash return.
What is this data? Dividend Payout ratios and dividend yields, with key drivers US companies
Home Page: http://www.damodaran.com
Data website: https://pages.stern.nyu.edu/~adamodar/New_Home_Page/data.html
Companies in each industry: https://pages.stern.nyu.edu/~adamodar/pc/datasets/indname.xls
Variable definitions: https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/variable.htm
Industry Name Number of firms Total Dividends (US $ millions) Special Dividends as % of Total Dividends Dividend Payout Dividend Yield  Market Cap (US $ millions)  ROE Institutional Holdings Std Dev in Stock Prices
Advertising 57  $                  1,059.36 0.00% 282.84% 1.38% $77,002.78 3.25% 34.34% 56.41%
Aerospace/Defense 70  $                10,325.45 4.04% 53.69% 1.31% $788,306.41 13.19% 48.58% 36.40%
Air Transport 25  $                     503.10 0.00% 7.86% 0.57% $88,624.38 21.94% 41.26% 44.65%
Apparel 38  $                  1,691.36 0.00% 74.98% 2.75% $61,452.69 9.20% 48.99% 37.04%
Auto & Truck 34  $                  5,839.10 0.00% 35.46% 0.62% $937,020.12 9.37% 25.43% 59.70%
Auto Parts 39  $                     705.75 0.00% 45.37% 1.16% $60,935.66 5.72% 66.15% 37.07%
Bank (Money Center) 15  $                34,903.05 0.00% 24.34% 2.84% $1,229,927.16 14.87% 63.03% 22.51%
Banks (Regional) 625  $                18,260.63 0.25% 32.01% 3.36% $543,210.18 12.14% 35.52% 18.68%
Beverage (Alcoholic) 19  $                  1,374.50 0.00% 54.63% 1.48% $92,924.62 8.70% 31.21% 49.70%
Beverage (Soft) 29  $                15,531.30 0.00% 66.39% 2.47% $627,695.04 30.56% 41.26% 42.96%
Broadcasting 22  $                  1,166.89 2.35% 0.22% 3.22% $36,252.77 -2.16% 43.36% 38.46%
Brokerage & Investment Banking 27  $                12,346.39 0.24% 43.53% 2.37% $520,027.39 10.41% 66.54% 25.21%
Building Materials 44  $                  3,011.12 4.93% 29.02% 1.25% $241,657.92 21.35% 73.32% 28.72%
Business & Consumer Services 162  $                  8,152.71 4.15% 59.78% 1.39% $587,438.66 14.00% 54.40% 41.29%
Cable TV 10  $                  5,197.00 0.00% 21.93% 1.83% $284,186.32 19.47% 60.14% 33.01%
Chemical (Basic) 32  $                  5,979.30 -28.50% 131.27% 5.47% $109,276.38 8.89% 46.22% 38.92%
Chemical (Diversified) 4  $                     317.00 0.00% 1.04% 3.25% $9,759.91 -2.36% 56.66% 37.24%
Chemical (Specialty) 68  $                  7,981.39 0.01% 33.25% 1.66% $480,676.35 14.94% 61.39% 36.60%
Coal & Related Energy 18  $                     248.95 0.00% 15.16% 1.93% $12,890.31 29.07% 33.40% 55.69%
Computer Services 72  $                  7,387.79 0.27% 57.07% 2.25% $328,595.43 18.77% 49.66% 49.61%
Computers/Peripherals 36  $                18,324.54 0.00% 17.44% 0.58% $3,173,159.84 0.00% 47.98% 38.90%
Construction Supplies 45  $                  4,982.77 20.07% 23.71% 1.35% $369,334.98 27.11% 59.82% 37.83%
Diversified 23  $                  6,830.39 0.00% 8.16% 0.61% $1,126,322.72 15.87% 45.51% 52.25%
Drugs (Biotechnology) 572  $                18,656.01 0.00% 0.09% 1.53% $1,218,078.92 -11.59% 33.33% 61.98%
Drugs (Pharmaceutical) 245  $                38,968.19 0.08% 69.96% 2.36% $1,651,920.19 17.32% 28.43% 65.30%
Education 31  $                       97.12 260.71% 38.08% 0.24% $40,723.70 1.67% 53.67% 43.78%
Electrical Equipment 103  $                  2,451.02 0.00% 17.18% 1.00% $246,278.65 23.70% 41.00% 54.42%
Electronics (Consumer & Office) 13  $                            -   0.00% 0.00% 0.00% $5,288.13 -6.63% 32.26% 39.42%
Electronics (General) 129  $                  1,831.58 0.52% 28.53% 0.68% $269,499.13 8.80% 44.57% 42.94%
Engineering/Construction 43  $                     492.60 0.00% 21.67% 0.39% $127,016.23 6.41% 64.23% 33.68%
Entertainment 98  $                  1,492.31 11.45% 0.34% 0.25% $602,730.43 -0.27% 35.11% 61.19%
Environmental & Waste Services 57  $                  2,133.70 0.00% 36.34% 1.05% $203,179.79 21.01% 36.46% 46.07%
Farming/Agriculture 42  $                  3,212.82 11.67% 17.33% 1.56% $205,847.19 27.51% 36.89% 54.14%
Financial Svcs. (Non-bank & Insurance) 172  $                22,615.11 1.10% 27.81% 0.99% $2,290,934.73 22.36% 51.03% 38.66%
Food Processing 82  $                11,853.45 0.00% 68.71% 2.92% $406,262.09 10.10% 43.79% 36.51%
Food Wholesalers 14  $                  1,054.30 0.00% 38.16% 1.64% $64,098.60 21.11% 66.10% 27.30%
Furn/Home Furnishings 31  $                  1,579.49 1.72% 0.86% 3.49% $45,303.68 -6.53% 52.42% 46.65%
Green & Renewable Energy 17  $                     284.20 0.00% 25.60% 1.22% $23,311.80 10.68% 46.39% 57.34%
Healthcare Products 230  $                  7,563.34 0.00% 41.77% 0.72% $1,050,360.26 8.31% 41.30% 52.21%
Healthcare Support Services 119  $                14,897.92 0.06% 29.63% 1.27% $1,172,283.05 15.62% 48.73% 49.53%
Heathcare Information and Technology 128  $                  1,752.49 0.00% 19.73% 0.24% $738,408.32 5.18% 47.02% 54.15%
Homebuilding 32  $                  1,349.61 0.26% 6.43% 0.63% $215,644.84 22.88% 72.87% 32.31%
Hospitals/Healthcare Facilities 32  $                     908.40 0.00% 12.78% 0.74% $122,470.97 61.97% 52.00% 46.33%
Hotel/Gaming 68  $                  1,647.75 7.04% 8.43% 0.28% $586,730.34 35.87% 56.19% 40.80%
Household Products 93  $                29,193.22 0.00% 122.23% 4.49% $650,300.62 26.98% 39.43% 51.12%
Information Services 18  $                     760.90 0.00% 60.70% 1.17% $65,010.94 8.43% 62.07% 33.83%
Insurance (General) 21  $                  3,084.82 0.00% 32.75% 1.33% $231,312.81 13.52% 56.41% 40.38%
Insurance (Life) 23  $                  5,932.29 0.00% 381.21% 2.82% $210,042.35 1.32% 51.89% 30.85%
Insurance (Prop/Cas.) 50  $                  5,608.53 32.23% 35.13% 1.48% $379,832.75 10.36% 56.08% 27.40%
Investments & Asset Management 334  $                11,402.77 0.09% 42.11% 1.94% $588,140.18 13.78% 39.71% 15.15%
Machinery 103  $                  6,629.38 0.00% 36.27% 1.31% $505,755.66 19.02% 63.44% 33.44%
Metals & Mining 68  $                  3,736.70 0.00% 95.47% 2.57% $145,572.13 12.17% 21.98% 60.56%
Office Equipment & Services 17  $                     336.59 5.88% 225.17% 2.20% $15,265.46 2.66% 54.98% 30.28%
Oil/Gas (Integrated) 4  $                26,842.29 0.00% 37.14% 3.66% $733,143.90 19.85% 50.49% 26.44%
Oil/Gas (Production and Exploration) 166  $                23,035.56 24.13% 31.27% 3.96% $581,376.82 31.09% 44.77% 46.31%
Oil/Gas Distribution 24  $                  9,714.68 0.00% 39.84% 4.38% $221,897.54 42.41% 54.66% 32.55%
Oilfield Svcs/Equip. 100  $                  8,783.42 -0.16% 18.81% 2.28% $385,868.70 29.65% 56.58% 43.73%
Packaging & Container 22  $                  2,944.63 0.00% 70.22% 2.22% $132,627.17 8.54% 67.84% 26.24%
Paper/Forest Products 7  $                     105.00 0.00% 27.58% 1.34% $7,835.42 15.17% 78.57% 43.04%
Power 50  $                25,160.67 0.00% 76.67% 3.34% $752,584.39 8.60% 70.35% 20.39%
Precious Metals 61  $                  1,802.43 0.05% 0.88% 2.46% $73,376.95 -2.33% 21.36% 63.61%
Publishing & Newspapers 21  $                     423.56 -1.90% 87.16% 1.37% $30,883.84 3.40% 55.18% 38.20%
R.E.I.T. 193  $                50,197.93 -0.62% 215.22% 4.15% $1,210,734.00 4.57% 66.31% 23.72%
Real Estate (Development) 17  $                         1.13 1.59% 0.00% 0.02% $6,733.72 -8.54% 22.01% 34.24%
Real Estate (General/Diversified) 11  $                       51.10 0.00% 24.92% 1.03% $4,949.87 9.11% 44.80% 35.91%
Real Estate (Operations & Services) 60  $                     449.46 8.92% 0.76% 0.42% $107,957.65 -8.27% 34.15% 44.19%
Recreation 55  $                  1,113.23 7.93% 199.59% 1.49% $74,838.90 2.56% 43.26% 44.30%
Reinsurance 1  $                     216.00 0.00% 18.93% 2.03% $10,662.20 31.23% 96.81% 17.09%
Restaurant/Dining 64  $                  9,274.74 0.02% 53.08% 1.66% $559,459.64 NA 54.01% 35.37%
Retail (Automotive) 30  $                     659.24 0.00% 5.79% 0.37% $177,972.00 47.33% 62.77% 46.79%
Retail (Building Supply) 16  $                11,038.80 0.15% 46.64% 2.14% $515,127.00 NA 63.76% 45.21%
Retail (Distributors) 62  $                  3,698.29 3.74% 25.22% 1.36% $271,771.69 25.45% 60.69% 37.74%
Retail (General) 26  $                11,823.23 2.18% 21.74% 0.47% $2,513,693.95 19.55% 65.13% 38.28%
Retail (Grocery and Food) 14  $                  1,171.07 334.47% 36.92% 1.57% $74,613.07 14.78% 57.41% 25.65%
Retail (REITs) 28  $                  8,577.61 0.00% 155.57% 4.69% $182,940.36 6.52% 78.88% 20.72%
Retail (Special Lines) 105  $                  6,069.07 2.72% 87.04% 1.67% $362,850.57 9.64% 51.12% 44.01%
Rubber& Tires 3  $                            -   0.00% #DIV/0! 0.00% $4,114.61 -10.00% 54.96% 40.77%
Semiconductor 63  $                23,975.20 0.00% 48.87% 0.79% $3,039,124.26 12.61% 59.84% 41.47%
Semiconductor Equip 30  $                  2,940.65 0.00% 20.09% 0.71% $414,640.35 32.89% 68.13% 37.04%
Shipbuilding & Marine 8  $                     169.70 0.00% 29.34% 1.67% $10,158.48 7.82% 47.92% 45.07%
Shoe 13  $                  2,218.79 0.00% 32.26% 1.10% $202,109.01 29.90% 64.83% 36.28%
Software (Entertainment) 84  $                     235.41 -33.77% 0.25% 0.01% $2,773,080.90 23.26% 38.02% 52.79%
Software (Internet) 35  $                         0.26 0.00% 0.00% 0.00% $220,091.11 -14.54% 50.38% 65.22%
Software (System & Application) 351  $                26,468.85 0.34% 27.22% 0.50% $5,277,974.34 24.44% 42.66% 52.09%
Steel 29  $                  1,786.07 2.60% 12.47% 1.34% $133,588.57 22.19% 65.12% 38.10%
Telecom (Wireless) 13  $                     859.33 2.36% 11.05% 0.45% $192,855.86 9.74% 27.58% 60.31%
Telecom. Equipment 66  $                  7,386.13 0.00% 46.08% 1.89% $390,043.51 24.55% 48.02% 46.62%
Telecom. Services 42  $                19,163.33 0.00% 0.16% 6.27% $305,761.06 -0.34% 40.53% 50.42%
Tobacco 16  $                14,856.91 0.00% 87.98% 6.69% $222,026.94 NA 31.31% 48.00%
Transportation 36  $                  7,039.40 0.00% 40.51% 1.85% $381,348.02 28.27% 45.04% 53.12%
Transportation (Railroads) 4  $                  5,268.30 0.00% 43.52% 1.94% $271,989.80 31.68% 76.02% 22.28%
Trucking 22  $                     842.96 0.00% 17.36% 0.60% $140,093.44 12.97% 60.65% 28.33%
Utility (General) 14  $                  9,662.20 0.00% 58.88% 3.54% $272,898.30 11.15% 83.74% 14.93%
Utility (Water) 13  $                  1,038.29 0.00% 60.59% 2.22% $46,874.02 15.98% 57.68% 28.20%
Total Market 6481  $              700,711.38 1.90% 39.24% 1.43% $49,157,036.55 15.98% 45.88% 42.03%
Total Market (without financials) 5214  $              586,557.78 1.91% 41.27% 1.36% $43,163,609.00 16.59% 47.02% 47.00%