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Heartland Group Holdings (NZSE:HGH) Dividend Yield % : 9.49% (As of May. 24, 2024)


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What is Heartland Group Holdings Dividend Yield %?

As of today (2024-05-24), the Trailing Annual Dividend Yield of Heartland Group Holdings is 9.49%.

Good Sign:

Heartland Group Holdings Ltd stock dividend yield is close to 5-year high.

The historical rank and industry rank for Heartland Group Holdings's Dividend Yield % or its related term are showing as below:

NZSE:HGH' s Dividend Yield % Range Over the Past 10 Years
Min: 1.85   Med: 6.05   Max: 10.81
Current: 9.49

During the past 11 years, the highest Dividend Yield of Heartland Group Holdings was 10.81%. The lowest was 1.85%. And the median was 6.05%.

NZSE:HGH's Dividend Yield % is ranked better than
93.71% of 1193 companies
in the Banks industry
Industry Median: 4 vs NZSE:HGH: 9.49

Heartland Group Holdings's Dividend Payout Ratio for the six months ended in Dec. 2023 was 1.14.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Heartland Group Holdings Ltd is 0.97, which seems too high.

During the past 11 years, the highest Dividend Payout Ratio of Heartland Group Holdings was 0.97. The lowest was 0.27. And the median was 0.77.

As of today (2024-05-24), the Forward Dividend Yield % of Heartland Group Holdings is 9.49%.

Heartland Group Holdings's Dividends per Share for the six months ended in Dec. 2023 was NZ$0.06.

During the past 12 months, Heartland Group Holdings's average Dividends Per Share Growth Rate was 4.60% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Heartland Group Holdings was 53.10% per year. The lowest was 53.10% per year. And the median was 53.10% per year.

The growth rate is calculated with least square regression.

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


Heartland Group Holdings Dividend Yield % Historical Data

The historical data trend for Heartland Group Holdings's Dividend Yield % 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.

Heartland Group Holdings Dividend Yield % Chart

Heartland Group Holdings Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 8.94 3.14 6.58 6.47

Heartland Group Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.37 6.58 6.08 6.47 7.77

Competitive Comparison of Heartland Group Holdings's Dividend Yield %

For the Mortgage Finance subindustry, Heartland Group Holdings's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Heartland Group Holdings's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heartland Group Holdings's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Heartland Group Holdings's Dividend Yield % falls into.



Heartland Group Holdings Dividend Yield % Calculation

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

Heartland Group Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NZD 0.0390812024-03-052024-03-062024-03-20Cash Dividendsemi-annuallyNZD:NZD 1.000000
NZD 0.0586222023-09-052023-09-062023-09-20Cash Dividendsemi-annuallyNZD:NZD 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.

Heartland Group Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.097703/1.01
=9.67 %

Current Share Price is NZ$1.01.
Heartland Group Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.097703.

Heartland Group Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.078162/1.01
=7.74 %

Current Share Price is NZ$1.01.
Heartland Group Holdings's Dividends per Share for the forward twelve months is calculated as NZ$0.039081 * 2 = NZ$0.078162.

* 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.


Heartland Group Holdings  (NZSE:HGH) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Heartland Group Holdings Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Heartland Group Holdings's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Heartland Group Holdings (NZSE:HGH) Business Description

Traded in Other Exchanges
Address
35 Teed Street, Level 3, Heartland House, Newmarket, Auckland, NZL, 1023
Heartland Group Holdings Ltd is engaged in the operation of the reverse mortgage. Geographically it operates in both New Zealand and Australia. It offers business loans, rural loans, home loans, car loans , personal lending services and others. Further, it is also involved in saving and deposits activity and also provides internet banking services.

Heartland Group Holdings (NZSE:HGH) Headlines

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