Dividend Per Share (DPS)
Is the dividends paid to the equity shareholders on a per share basis. In other words, DPS is the net distributed profit belonging to the ordinary shareholders divided by the number of ordinary shares outstanding. That is,
The DPS would be a better indicator than EPS as the former shows what exactly is received by the owners. Like the EPS the DPS also should not be taken at its face value as the increased DPS may not be a reliable measure of profitability as the equity base may have increased due to increased retention without any change in the number of outstanding shares.