The share of a company's earnings paid out as dividends, worked out as dividends per share divided by earnings per share. It is the single best check on whether a dividend can continue: under roughly 60% leaves room to keep paying through a weak year, while a ratio near or above 100% means the company is paying out more than it earns and is funding the difference from cash reserves or borrowing. PSEye does not print this ratio directly, but every stock page shows both figures it needs, EPS and the trailing 12-month dividend.
See every term in the full PSE investing glossary.