High Liner Foods Dividend
Dividend criteria checks 4/6
High Liner Foods is a dividend paying company with a current yield of 4.44% that is well covered by earnings. Next payment date is on 15th September, 2024 with an ex-dividend date of 30th August, 2024.
Key information
4.5%
Dividend yield
31%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | 15 Sep 24 |
Ex dividend date | 30 Aug 24 |
Dividend per share | CA$0.600 |
Earnings per share | CA$1.60 |
Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
High Liner Foods (TSE:HLF) Will Pay A Larger Dividend Than Last Year At $0.13
May 23High Liner Foods (TSE:HLF) Has Announced That It Will Be Increasing Its Dividend To $0.13
Feb 27High Liner Foods' (TSE:HLF) Upcoming Dividend Will Be Larger Than Last Year's
Nov 13High Liner Foods (TSE:HLF) Has A Somewhat Strained Balance Sheet
Jul 15We Think Some Shareholders May Hesitate To Increase High Liner Foods Incorporated's (TSE:HLF) CEO Compensation
May 12Read This Before Buying High Liner Foods Incorporated (TSE:HLF) For Its Dividend
Apr 14Is High Liner Foods (TSE:HLF) A Risky Investment?
Mar 30What Type Of Shareholders Make Up High Liner Foods Incorporated's (TSE:HLF) Share Registry?
Mar 17Independent Chairman Robert Pace Just Bought 7.1% More Shares In High Liner Foods Incorporated (TSE:HLF)
Mar 04High Liner Foods (TSE:HLF) Shareholders Have Enjoyed A 39% Share Price Gain
Feb 22Is There An Opportunity With High Liner Foods Incorporated's (TSE:HLF) 48% Undervaluation?
Feb 09Should We Be Cautious About High Liner Foods Incorporated's (TSE:HLF) ROE Of 6.6%?
Jan 27How Many High Liner Foods Incorporated (TSE:HLF) Shares Did Insiders Buy, In The Last Year?
Jan 12Should You Buy High Liner Foods Incorporated (TSE:HLF) For Its Dividend?
Dec 28Do Institutions Own High Liner Foods Incorporated (TSE:HLF) Shares?
Dec 14These 4 Measures Indicate That High Liner Foods (TSE:HLF) Is Using Debt Reasonably Well
Nov 30Upcoming Dividend Payment
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) | 4.5% |
Market Bottom 25% (CA) | 1.8% |
Market Top 25% (CA) | 6.2% |
Industry Average (Food) | 3.1% |
Analyst forecast in 3 Years (HLF) | 4.8% |
Notable Dividend: HLF's dividend (4.44%) is higher than the bottom 25% of dividend payers in the Canadian market (1.79%).
High Dividend: HLF's dividend (4.44%) is low compared to the top 25% of dividend payers in the Canadian market (6.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.4%), HLF's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.3%), HLF's dividend payments are thoroughly covered by cash flows.