💹 股息支付率计算器Dividend Payout Ratio Calculator
用 股息 ÷ 净利润（或每股股息 ÷ 每股收益）计算股息支付率，同时给出留存率，判断公司分红是否可持续。Calculate the dividend payout ratio = dividends ÷ net income (or DPS ÷ EPS) and the retention ratio, to judge whether a dividend looks sustainable.
使用说明与常见问题How-to & FAQ
「股息支付率计算器」是什么？What is the Dividend Payout Ratio Calculator tool?
用 股息 ÷ 净利润（或每股股息 ÷ 每股收益）计算股息支付率，同时给出留存率，判断公司分红是否可持续。Calculate the dividend payout ratio = dividends ÷ net income (or DPS ÷ EPS) and the retention ratio, to judge whether a dividend looks sustainable.
如何使用「股息支付率计算器」？How do I use the Dividend Payout Ratio Calculator tool?
在「股息支付率计算器」中，填写「输入方式」、「股息总额」、「净利润」、「每股股息 DPS」、「每股收益 EPS」等参数，结果会随输入实时计算并显示在下方。In the Dividend Payout Ratio Calculator: Fill in "Input", "Total dividends", "Net income", "Dividend per share", "Earnings per share"; results are recalculated instantly as you type.
股息支付率怎么算？How is the payout ratio calculated?
股息支付率 = 股息总额 ÷ 净利润 = 每股股息 ÷ 每股收益；留存率 = 1 − 支付率，表示利润中留在公司再投资的比例；支付率超过 100% 时没有留存。结果中的 30% / 60% / 100% 分界只是常用的经验区间，不是统一标准，不同行业差异很大。Payout ratio = total dividends ÷ net income = DPS ÷ EPS; retention ratio = 1 − payout, the share of earnings kept for reinvestment; above a 100% payout nothing is retained. The 30% / 60% / 100% cut-offs in the reading are common rules of thumb, not a standard, and vary widely by industry.
REIT 为什么支付率很高？Why do REITs have high payouts?
美国税法（《国内税收法典》第 857(a) 条，自 2001 年起为 90%）要求 REIT 每年把至少 90% 的应税收入分配给股东，因此按净利润算的支付率常接近甚至超过 100%；分析 REIT 通常改用 FFO（运营现金流）计算支付率。US tax law (Internal Revenue Code §857(a); 90% since 2001) requires REITs to distribute at least 90% of their taxable income each year, so payout ratios on net income are often near or above 100%; analysts use FFO instead for REITs.
计算结果可以作为最终依据吗？Can I rely on the result?
「股息支付率计算器」按标准公式计算，结果仅供参考；实际金额以银行、券商或税务机关的规则和四舍五入方式为准。The Dividend Payout Ratio Calculator uses standard formulas and is for estimation only; actual figures depend on your bank, broker or tax authority's rules and rounding.
「股息支付率计算器」免费吗？需要注册吗？Is the Dividend Payout Ratio Calculator free? Do I need an account?
「股息支付率计算器」完全免费，无需注册或安装，打开网页即可使用，手机和电脑都能用；输入的内容只在你的浏览器本地处理。The Dividend Payout Ratio Calculator is completely free with no sign-up or install and works on phones and desktops; what you enter is processed only in your browser.