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High Liner Foods (TSX:HLF) 3-Year Dividend Growth Rate

: 36.10% (As of Dec. 2023)
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High Liner Foods's Dividends per Share for the three months ended in Dec. 2023 was C$0.15.

The historical rank and industry rank for High Liner Foods's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:HLF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -27.4   Med: 13.95   Max: 60.3
Current: 36.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of High Liner Foods was 60.30% per year. The lowest was -27.40% per year. And the median was 13.95% per year.

TSX:HLF's 3-Year Dividend Growth Rate is ranked better than
86.3% of 657 companies
in the Consumer Packaged Goods industry
Industry Median: 7.7 vs TSX:HLF: 36.10

During the past 12 months, High Liner Foods's average Dividends Per Share Growth Rate was 19.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 36.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

High Liner Foods's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.55. As of today, High Liner Foods's Dividend Yield % is 4.27%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Packaged Foods subindustry, High Liner Foods's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


High Liner Foods 3-Year Dividend Growth Rate Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, High Liner Foods's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where High Liner Foods's 3-Year Dividend Growth Rate falls into.



High Liner Foods 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


High Liner Foods  (TSX:HLF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

High Liner Foods's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.148/ 0.269
=0.55

During the past 13 years, the highest Dividend Payout Ratio of High Liner Foods was 0.93. The lowest was 0.19. And the median was 0.32.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

High Liner Foods Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.1502024-02-292024-03-012024-03-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1502023-11-302023-12-012023-12-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1302023-08-312023-09-012023-09-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1302023-05-312023-06-012023-06-15Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

High Liner Foods's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.56/13.10
=4.27 %

Current Share Price is C$13.10.
High Liner Foods's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.56.

During the past 13 years, the highest Dividend Yield of High Liner Foods was 9.29%. The lowest was 1.28%. And the median was 2.90%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


High Liner Foods 3-Year Dividend Growth Rate Related Terms>


High Liner Foods (TSX:HLF) Business Description

Traded in Other Exchanges
Address
100 Battery Point, P.O. Box 910, Lunenburg, NS, CAN, B0J 2C0
High Liner Foods Inc is a Canadian company which is mainly engaged in the processing and marketing of prepared and packaged frozen seafood products. The company sells its products to institutions, health care facilities, and quick-service family and casual dining establishments. Its foodservice brands include High Liner Culinary, Mirabel, FPI, Viking, American Pride, High Liner, Fisher Boy, Sea Cuisine and others.