Honeywell Flour Mills (NSA:HFM) Dividend Payout Ratio: 0.00 (As of Mar. 2025)


NSA:HFM Honeywell Flour Mills PLC NSA:HFM
69 GF Score
Price ₦14.30
GF Value ₦10.20
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Honeywell Flour Mills Dividend Payout Ratio?

Honeywell Flour Mills NSA:HFM -9.78% 69 Dividend Payout Ratio is 0.00 as of Mar. 2025. GuruFocus rates NSA:HFM with a GF Score™ of 69/100 and a GF Value™ of ₦10.20 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 998 Consumer Packaged Goods companies, Honeywell Flour Mills ranks worse than 100200.3% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Honeywell Flour Mills's Dividend Payout Ratio for the months ended in Mar. 2025 was 0.00.

The historical rank and industry rank for Honeywell Flour Mills's Dividend Payout Ratio or its related term are showing as below:


During the past 13 years, the highest Dividend Payout Ratio of Honeywell Flour Mills was 12.00. The lowest was 0.11. And the median was 0.29.

NSA:HFM's Dividend Payout Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.435
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-07-01), the Dividend Yield % of Honeywell Flour Mills is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Honeywell Flour Mills was 7.23%. The lowest was 0.00%. And the median was 3.45%.

Honeywell Flour Mills's Dividends per Share for the months ended in Mar. 2025 was ₦0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Honeywell Flour Mills was 9.40% per year. The lowest was -30.70% per year. And the median was -3.65% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Honeywell Flour Mills (NSA:HFM) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Honeywell Flour Mills Dividend Payout Ratio Related Terms


Honeywell Flour Mills Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Honeywell Flour Mills's Dividend Payout Ratio can be seen below:

* 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.

Honeywell Flour Mills Dividend Payout Ratio Chart

Honeywell Flour Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.00 0.00 0.00 0.00

Honeywell Flour Mills Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.00 0.00 0.00 0.00

NSA:HFM vs KHC, GIS, HRL: Dividend Payout Ratio Comparison

For the Packaged Foods subindustry, Honeywell Flour Mills's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


Honeywell Flour Mills Dividend Payout Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Honeywell Flour Mills's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Honeywell Flour Mills's Dividend Payout Ratio falls into.


NSA:HFM
69GF Score
Honeywell Flour Mills PLC NSA:HFM
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Honeywell Flour Mills Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Honeywell Flour Mills's Dividend Payout Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2025 )/ EPS without NRI (A: Mar. 2025 )
=0/ 2.807
=0.00

Honeywell Flour Mills's Dividend Payout Ratio for the quarter that ended in Mar. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2025 )/ EPS without NRI (Q: Mar. 2025 )
=0/ 2.807
=0.00

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Honeywell Flour Mills (NSA:HFM) has a Dividend Payout Ratio of 0.00 as of Mar. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Honeywell Flour Mills and its competitors. Over the past decade, Honeywell Flour Mills' Dividend Payout Ratio has ranged from 0.11 to 12.00. According to the industry distribution chart, Honeywell Flour Mills ranks #999999 out of 998 companies in the Consumer Packaged Goods industry.
Is Honeywell Flour Mills' Dividend Payout Ratio too high?
Honeywell Flour Mills' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 12.00. Based on the distribution chart, Honeywell Flour Mills ranks #999999 out of 998 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Honeywell Flour Mills has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' Dividend Payout Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Honeywell Flour Mills ranks #999999 out of 998 companies for Dividend Payout Ratio. This places Honeywell Flour Mills in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. Historically, Honeywell Flour Mills' own Dividend Payout Ratio has ranged from 0.11 to 12.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Consumer Packaged Goods company?
The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.44, based on 998 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Honeywell Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Flour Mills's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Flour Mills (NSA:HFM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦10.20, compared to a current price of ₦14.30 — trading 40.2% above its estimated fair value. The current Dividend Payout Ratio is 0.00. Honeywell Flour Mills' overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Honeywell Flour Mills (NSA:HFM), the current Dividend Payout Ratio is 0.00 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Honeywell Flour Mills (NSA:HFM) Overvalued in 2026?

Based on GuruFocus' analysis, Honeywell Flour Mills stock appears to be overvalued. The current stock price of ₦14.30 is trading 40.2% above its estimated GF Value™ of ₦10.20. GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.

Key valuation signals for NSA:HFM:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ₦10.20 vs. price of ₦14.30 (40.2% above fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the NSA:HFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honeywell Flour Mills Business Description

Address Wharf road, No. 1 Golden penny place, Apapa, Lagos, NGA
Honeywell Flour Mills PLC is a Nigerian food manufacturing company specializing in the production and marketing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. It distributes products across Nigeria through an extensive logistics and retail network. Honeywell Flour Mills is ISO-certified and part of the Flour Mills of Nigeria Plc group, benefiting from group synergies in a closely regulated sector. The Company's business reportable segments are identified by the factories located at Apapa, and Sagamu. The Apapa segment manufactures Flour, Semo and Wheat meal while Sagamu segments manufacture Noodles and Pasta. The Apapa generates the maximum revenue for the company.
69GF Score

Get the complete analysis for NSA:HFM

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦14.30
Price
₦10.20
GF Value