Hapag-Lloyd is a dividend paying company with a current yield of 5.43% that is well covered by earnings. Next payment date is on 6th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
5.4%
Dividend yield
55%
Payout ratio
Industry average yield
6.0%
Next dividend pay date
06 May 24
Ex dividend date
02 May 24
Dividend per share
n/a
Earnings per share
€16.70
Dividend yield forecast in 3Y
1.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HLAG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HLAG's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Hapag-Lloyd Dividend Yield vs Market
How does HLAG dividend yield compare to the market?
Segment
Dividend Yield
Company (HLAG)
5.4%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Shipping)
6.0%
Analyst forecast in 3 Years (HLAG)
1.2%
Notable Dividend: HLAG's dividend (5.43%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: HLAG's dividend (5.43%) is in the top 25% of dividend payers in the German market (4.81%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.4%), HLAG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.8%), HLAG's dividend payments are well covered by cash flows.