High Liner Foods (TSX:HLF) Dividend Payout Ratio : 0.55 (As of Dec. 2023)

View and export this data going back to 1971. Start your Free Trial

What is High Liner Foods Dividend Payout Ratio?

High Liner Foods's dividend payout ratio for the months ended in Dec. 2023 was 0.55.

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: 0.32 Max: 0.93
Current: 0.37

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.

TSX:HLF's Dividend Payout Ratio is ranked better than
53.41% of 923 companies
in the Consumer Packaged Goods industry
Industry Median: 0.39 vs TSX:HLF: 0.37

As of today (2024-04-24), the Dividend Yield % of High Liner Foods is 4.29%.

During the past 13 years, the highest Trailing Annual Dividend Yield of High Liner Foods was 9.29%. The lowest was 1.28%. And the median was 2.91%.

High Liner Foods's Dividends per Share for the months ended in Dec. 2023 was C$0.15.

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.

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.

The growth rate is calculated with least square regression.

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

High Liner Foods Dividend Payout Ratio Historical Data

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.

* Premium members only.

High Liner Foods Dividend Payout Ratio Chart

High Liner Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.63

0.19

0.23

0.24

0.35

High Liner Foods Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.27	0.21	0.40	0.53	0.55

Competitive Comparison of High Liner Foods's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.

High Liner Foods Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.534	/	1.507
	=	0.35

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

High Liner Foods (TSX:HLF) Dividend Payout Ratio Explanation

In dividends investing, 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

Thank you for viewing the detailed overview of High Liner Foods's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

High Liner Foods (TSX:HLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » High Liner Foods Inc (TSX:HLF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in 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 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.