Hibbett Dividend
What is Hibbett 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
1.51%
Current Dividend Yield
Dividend Yield vs Market
| Hibbett Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HIBB) | 1.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Specialty Retail) | 2.0% |
| Analyst forecast in 3 Years (HIBB) | 1.6% |
Notable Dividend: HIBB's dividend (1.51%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: HIBB's dividend (1.51%) is low compared to the top 25% of dividend payers in the US market (4.29%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/31/2024 | 1.11 | 1 |
| 1/31/2023 | 1.02 | 1 |
| 1/28/2023 | 1 | 1.51 |
| 11/23/2022 | 1 | 1.49 |
| 8/27/2022 | 1 | 1.71 |
| 6/6/2022 | 1 | 2.05 |
| 5/27/2022 | 1 | 1.98 |
| 12/4/2021 | 1 | 1.93 |
| 8/31/2021 | 1 | 1.22 |
| 6/24/2021 | 1 | 1.12 |
Stable Dividend: Whilst dividend payments have been stable, HIBB has been paying a dividend for less than 10 years.
Growing Dividend: HIBB has only been paying a dividend for 2 years, and since then payments have not increased.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.3%), HIBB's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.6%), HIBB's dividend payments are covered by cash flows.