High Liner Foods (TSX:HLF) Dividend Payout Ratio: 0.36 (As of Mar. 2026) — Near Median

What is High Liner Foods Dividend Payout Ratio?

High Liner Foods TSX:HLF +0.13% 82 Dividend Payout Ratio is 0.36 as of Mar. 2026, which is 3% above its 10-year median of 0.35. GuruFocus rates TSX:HLF with a GF Score™ of 82/100 and a GF Value™ of C$17.17 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 997 Consumer Packaged Goods companies, High Liner Foods ranks worse than 54.86% 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. High Liner Foods's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.36.

The historical rank and industry rank for High Liner Foods's Dividend Payout Ratio or its related term are showing as below:

TSX:HLF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.35 Max: 0.93
Current: 0.5

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 0.35.

TSX:HLF's Dividend Payout Ratio is ranked worse than
54.86% of 997 companies
in the Consumer Packaged Goods industry
Industry Median: 0.44 vs TSX:HLF: 0.50

As of today (2026-07-04), the Dividend Yield % of High Liner Foods is 4.65%.

During the past 13 years, the highest Trailing Annual Dividend Yield of High Liner Foods was 9.29%. The lowest was 1.57%. And the median was 3.80%.

High Liner Foods's Dividends per Share for the months ended in Mar. 2026 was C$0.18.

During the past 12 months, High Liner Foods's average Dividends Per Share Growth Rate was 7.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 26.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.60% per year.

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 14.15% 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.

High Liner Foods (TSX:HLF) 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.

High Liner Foods Dividend Payout Ratio Related Terms

High Liner Foods Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for High Liner Foods'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.

High Liner Foods Dividend Payout Ratio Chart

High Liner Foods Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.23

0.24

0.35

0.34

0.43

High Liner Foods Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.23	0.37	0.82	0.81	0.36

TSX:HLF vs KHC, GIS: Dividend Payout Ratio Comparison

For the Packaged Foods subindustry, High Liner Foods'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.

High Liner Foods Dividend Payout Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, High Liner Foods's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where High Liner Foods's Dividend Payout Ratio falls into.

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82GF Score

High Liner Foods Inc TSX:HLF

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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High Liner Foods Dividend Payout Ratio Calculation

High Liner Foods's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.676	/	1.565
	=	0.43

High Liner Foods's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.176	/	0.491
	=	0.36

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.36 mean?

High Liner Foods (TSX:HLF) has a Dividend Payout Ratio of 0.36 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on High Liner Foods and its competitors. This is near median its historical median of 0.35. Over the past decade, High Liner Foods' Dividend Payout Ratio has ranged from 0.19 to 0.93. According to the industry distribution chart, High Liner Foods ranks #547 out of 997 companies in the Consumer Packaged Goods industry, placing it in the top 54.9%.

Is High Liner Foods' Dividend Payout Ratio too high?

High Liner Foods' current Dividend Payout Ratio of 0.36 is near median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.93. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.44. High Liner Foods' value of 0.36 is 18.2% below this industry median. Based on the distribution chart, High Liner Foods ranks #547 out of 997 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, High Liner Foods has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does High Liner Foods' Dividend Payout Ratio compare to KHC and GIS?

According to the Consumer Packaged Goods industry distribution chart, High Liner Foods ranks #547 out of 997 companies for Dividend Payout Ratio. This places High Liner Foods in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. High Liner Foods' value of 0.36 is 18.2% below this benchmark. Historically, High Liner Foods' own Dividend Payout Ratio has ranged from 0.19 to 0.93 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.44, High Liner Foods has consistently been below the industry average. 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 997 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. High Liner Foods's current Dividend Payout Ratio of 0.36 is 18.2% below the industry median. 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 High Liner Foods 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. High Liner Foods's current Dividend Payout Ratio is 0.36, which is near median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is High Liner Foods stock overvalued right now?

Based on GuruFocus' analysis, High Liner Foods (TSX:HLF) is currently considered Modestly Undervalued. The stock's GF Value™ is C$17.17, compared to a current price of C$14.94 — trading 13% below its estimated fair value. The current Dividend Payout Ratio is 0.36, which is near median its 10-year median of 0.35 and 18.2% below the Consumer Packaged Goods industry median of 0.44. High Liner Foods' overall GF Score™ is 82/100 with 4 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 High Liner Foods (TSX:HLF), the current Dividend Payout Ratio is 0.36 as of Mar. 2026. 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 High Liner Foods (TSX:HLF) Overvalued in 2026?

Based on GuruFocus' analysis, High Liner Foods stock appears to be undervalued. The current stock price of C$14.94 is trading 13% below its estimated GF Value™ of C$17.17. GuruFocus considers High Liner Foods to be Modestly Undervalued.

Key valuation signals for TSX:HLF:

Dividend Payout Ratio: 0.36 (near median its 10-year median of 0.35)
GF Value™: C$17.17 vs. price of C$14.94 (13% below fair value)
GF Score™: 82/100 with 4 warning signs
Industry Position: 18.2% below the Consumer Packaged Goods median (#547 of 997)

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

High Liner Foods Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies XCNQ:HBFG TSX:BOIL NEOE:CZZL TSX:SWP TSXV:FRSH XCNQ:STIF XCNQ:NPRA TSX:BU TSXV:IRO XCNQ:BPC XSWX:NESN XPAR:BN BOG:NUTRESA TSE:2802 NSE:NESTLEIND SHSE:603288 KHC SHSE:600887 GIS SZSE:300999

Other Exchanges HLNFF:USA 28Y:Germany

Address 100 Battery Point, P.O. Box 910, Lunenburg, NS, CAN, B0J 2C0

Website https://www.highlinerfoods.com

High Liner Foods Inc is a Canadian company that is mainly engaged in the processing and marketing of prepared and packaged frozen seafood products. The company's retail branded products are sold throughout the United States and Canada under the High Liner, Sea Cuisine, Mrs. Paul's, Van de Kamp's, Fisher Boy, C.Wirthy, Mirabel, and Catch of the Day labels, and are available in grocery and club stores. It also sells branded products under the High Liner, Icelandic Seafood, Mirabel, and FPI labels to restaurants and institutions, and is a supplier of private-label, value-added frozen seafood products to North American food retailers and foodservice distributors.

82GF Score

Get the complete analysis for TSX:HLF

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

C$14.94

Price

C$17.17

GF Value

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