# DPS — Dividends Per Share

Total dividends paid per share over the period.

## Definition

Dividends per share (DPS) is the dollar amount of dividends declared per share over a period, usually a fiscal year.

## Formula

Total Dividends ÷ Diluted Shares Outstanding

## Why it matters

DPS history is one of the cleanest signals of management's confidence and discipline. Long, uninterrupted dividend growth (think 25+ years) is rare and often correlates with durable competitive advantage. Cuts often precede deeper trouble.

## How Standard Equity uses it

Shown in the main table along with the dividend yield (DPS ÷ share price) and the payout ratio (DPS ÷ EPS).

## The metric

| Category | Per-Share |
| -------- | --------- |
| Unit     | $         |

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