Harvest Technology Dividend
What is Harvest Technology current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
3.06%
Current Dividend Yield
Dividend Yield vs Market
| Harvest Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HRV) | 3.1% |
| Market Bottom 25% (MT) | 2.7% |
| Market Top 25% (MT) | 5.2% |
| Industry Average (IT) | 2.2% |
| Analyst forecast in 3 Years (HRV) | n/a |
Notable Dividend: HRV's dividend (3.06%) is higher than the bottom 25% of dividend payers in the MT market (2.68%).
High Dividend: HRV's dividend (3.06%) is low compared to the top 25% of dividend payers in the MT market (5.21%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/23/2023 | 0.044 | 3.06 |
| 4/12/2022 | 0.044 | 3.24 |
| 3/26/2021 | 0.084 | 5.62 |
| 7/28/2020 | 0.048 | 3.28 |
Stable Dividend: HRV has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HRV has only been paying a dividend for 2 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.9%), HRV's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35%), HRV's dividend payments are well covered by cash flows.