High Liner Foods Dividends and Buybacks
Dividend criteria checks 3/6
High Liner Foods is a dividend paying company with a current yield of 4.74% that is well covered by earnings.
Key information
4.7%
Dividend yield
4.2%
Buyback Yield
| Total Shareholder Yield | 8.9% |
| Future Dividend Yield | 5.3% |
| Dividend Growth | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Narrative Update • Jun 24
HLF: Cost Actions And Lower P E Expectations Will Drive Future Repricing
Analysts have reduced their consolidated price target for High Liner Foods to about CA$16.50 from CA$17.00. They cited updated assumptions around the company’s future P/E multiple, while keeping core growth and margin expectations broadly in line with prior views.Narrative Update • Jun 06
HLF: Cost Actions And New Meals Will Drive Future Repricing
Analysts have trimmed their average price target on High Liner Foods to CA$16.50 from CA$17.00, reflecting updated views on revenue growth, profit margins, the discount rate and future P/E assumptions. Analyst Commentary Recent research updates show a cluster of price target revisions around CA$16.50, which gives you a clearer sense of how the Street is framing the risk and reward for High Liner Foods at current levels.Narrative Update • Apr 27
HLF: Cost Actions And New Meals Will Support Future Repricing
Analysts have trimmed their price target on High Liner Foods by CA$2 to reflect updated views on fair value, profit margins and future P/E assumptions following recent research. Analyst Commentary Recent research indicates that the trimmed price target mainly reflects updated views on fair value, expected profit margins and P/E multiples for High Liner Foods.Narrative Update • Apr 12
HLF: Cost Actions And New Meals Will Support Future Upside
Analysts have lowered their price target on High Liner Foods by CA$2 to reflect updated views on fair value, discount rates and forward P/E assumptions. Analyst Commentary Analysts cutting the price target by CA$2 are signaling a reset in expectations rather than a complete change in view on High Liner Foods.Narrative Update • Mar 26
HLF: New Convenience Meals Will Support Future Upside Potential
Analysts now see a slightly lower fair value for High Liner Foods, trimming the implied CA$ price target from about CA$18.68 to roughly CA$18.50 as they modestly adjust assumptions for the discount rate, long term revenue growth, profit margin and future P/E expectations. What's in the News High Liner Foods introduced a new line of Sea Cuisine Skillet Meals at Seafood Expo North America, aimed at consumers looking for complete frozen meal options with minimal prep time (Key Developments).Narrative Update • Mar 12
HLF: Higher Future P/E Assumptions Will Support Upside Potential
Analysts have modestly raised their price target for High Liner Foods to about CA$18.68 per share from roughly CA$18.20, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. Valuation Changes Fair Value: CA$18.20 updated to CA$18.68, a modest upward adjustment in the modelled estimate.Narrative Update • Feb 25
HLF: Higher Future P/E Framework Will Support Upside Potential
Analysts have adjusted their High Liner Foods price target from CA$18.91 to CA$18.20 as they factor in updated assumptions for the discount rate, revenue growth, profit margin, and future P/E expectations. Valuation Changes Fair Value: from CA$18.91 to CA$18.20, a modest reduction in the modelled estimate.Narrative Update • Feb 10
HLF: Updated Discount Rate And P/E Framework Will Support Upside
Analysts have nudged their price target for High Liner Foods higher to about $18.91 from roughly $18.09, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E. These changes refine their overall valuation framework rather than pointing to any single driver.Narrative Update • Jan 27
HLF: Late Q4 USDA Contract Is Expected To Support Upside
Analysts have lowered their price target on High Liner Foods to C$16 from C$22, pointing to weaker than expected Q3 results and more conservative near term volume and revenue assumptions, even as a potential new USDA contract offers some offset. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the new C$16 price target still sits meaningfully above the current trading price implied by the prior C$22 target cut, which they see as leaving some room if execution stabilizes.Narrative Update • Jan 10
HLF: Late Q4 USDA Contract Volume Will Support Upside Despite Downgrade
Analysts have trimmed their fair value estimate for High Liner Foods slightly to about $18.09 from $18.03, reflecting more cautious revenue and volume assumptions after recent results and a reduced C$16 Street price target. Analyst Commentary Bullish Takeaways Bullish analysts see the new USDA contract as an important volume driver, with indications of a relatively large increase in volume beginning in late Q4 that could help support revenue and justify the current fair value estimate.Narrative Update • Dec 21
HLF: Late Q4 USDA Contract Volume Will Drive Upside Despite Downgrade
Analysts have trimmed their price target for High Liner Foods by approximately C$4.00 to around C$16.00, citing weaker than expected Q3 results and more conservative near term volume and revenue assumptions, despite potential upside from a new USDA contract. Analyst Commentary Analysts are reassessing their stance on High Liner Foods in light of the latest results, recalibrating expectations for both short term execution and medium term growth.Narrative Update • Dec 07
HLF: Late Q4 USDA Contract Volume Is Expected To Drive Upside
Analysts have modestly trimmed their price target on High Liner Foods to C$18.27 from C$18.27 as they balance near term caution following softer Q3 results and lower volume assumptions with expectations that a new USDA contract and a transition back to revenue growth could support improving performance over time. Analyst Commentary Analyst opinions on High Liner Foods have become more balanced, with some focusing on the potential for renewed growth and others emphasizing execution risks and near term headwinds.Narrative Update • Nov 23
HLF: Anticipated Late Q4 USDA Volume Will Drive Bullish Momentum
Analysts have slightly lowered their price target for High Liner Foods, reducing the fair value estimate from C$18.40 to C$18.27. This change is due to modestly reduced revenue growth forecasts and a more cautious outlook on near-term results following recent financial performance.Analysis Article • Nov 13
Earnings Troubles May Signal Larger Issues for High Liner Foods (TSE:HLF) Shareholders
Last week's earnings announcement from High Liner Foods Incorporated ( TSE:HLF ) was disappointing to investors, with a...Analysis Article • Nov 09
High Liner Foods (TSE:HLF) Will Pay A Larger Dividend Than Last Year At $0.175
High Liner Foods Incorporated ( TSE:HLF ) has announced that it will be increasing its dividend from last year's...Narrative Update • Nov 08
HLF: Anticipated USDA Contract Will Drive Volume Recovery In Late Q4
Analysts have lowered their fair value estimate for High Liner Foods from C$21.37 to C$18.40. They cited softer recent results and a more conservative near-term revenue outlook, despite potential volume upside in late Q4.New Narrative • Jun 22
Global Seafood Expansion Will Deliver Future Potential Amid Risks
Product innovation, supply chain diversification, and sustainability focus strengthen market position and support revenue growth, improved margins, and resilience against disruptions.Analysis Article • Nov 16
High Liner Foods' (TSE:HLF) Profits Appear To Have Quality Issues
Following the solid earnings report from High Liner Foods Incorporated ( TSE:HLF ), the market responded by bidding up...Analysis Article • Nov 12
High Liner Foods (TSE:HLF) Is Increasing Its Dividend To $0.17
High Liner Foods Incorporated ( TSE:HLF ) has announced that it will be increasing its dividend from last year's...Analysis Article • May 23
High Liner Foods (TSE:HLF) Will Pay A Larger Dividend Than Last Year At $0.13
High Liner Foods Incorporated ( TSE:HLF ) will increase its dividend from last year's comparable payment on the 15th of...Analysis Article • Feb 27
High Liner Foods (TSE:HLF) Has Announced That It Will Be Increasing Its Dividend To $0.13
High Liner Foods Incorporated's ( TSE:HLF ) dividend will be increasing from last year's payment of the same period to...Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HLF's dividend payments have been volatile in the past 10 years.
Growing Dividend: HLF's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| High Liner Foods Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HLF) | 4.7% |
| Market Bottom 25% (CA) | 1.6% |
| Market Top 25% (CA) | 5.5% |
| Industry Average (Food) | 2.7% |
| Analyst forecast (HLF) (up to 3 years) | 5.3% |
Notable Dividend: HLF's dividend (4.74%) is higher than the bottom 25% of dividend payers in the Canadian market (1.66%).
High Dividend: HLF's dividend (4.74%) is low compared to the top 25% of dividend payers in the Canadian market (5.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.1%), HLF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (317.4%), HLF's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/06 17:21 |
| End of Day Share Price | 2026/08/06 00:00 |
| Earnings | 2026/04/04 |
| Annual Earnings | 2026/01/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
High Liner Foods Incorporated is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kyle McPhee | ATB Cormark |
| Doug Cooper | Beacon Securities Limited |
| Stephen MacLeod | BMO Capital Markets Equity Research |