Dividend Stability Stability-maintaining the position of the firm's dividend payments in relation to a trend line. 50% of earnings Earnings per share paid out as dividends 00m=o 3 Dividends per share Time 18-1518-15 Dividend Stability Stability -- maintaining the position of the firm’s dividend payments in relation to a trend line. Dollars Per Share 3 4 2 1 Earnings per share Dividends per share Time 50% of earnings paid out as dividends