06-01-2015, 04:13 PM 
		
	
	
		I totally agree that the payout ratio can lead due-diligence astray.  I actually created a thread called "My Beef w/ Payout."  I did find the association between p/e and payout interesting and had to hypothesize and experiment.  It wasn't the pot of gold I was hoping, but it is helping me tackle the energy and financial sectors, (I find these sectors hard to analyze).
	
	
	
	

 
