HLF dividend yield – High Liner Foods Inc Declares 0.13 Cash Dividend

March 19, 2023

Categories: Dividends, Packaged FoodsTags: , , Views: 8

Dividends Yield

High Liner Foods ($TSX:HLF) Inc has just declared a 0.13 cash dividend on March 1 2023. Since 2022, the company has distributed an annual dividend of 0.33 USD per share and the dividend yields from 2022 to 2023 are estimated to be 3.37%, yielding an average dividend yield of 3.37%. For investors looking for reliable dividend stocks, HIGH LINER FOODS is the perfect choice. This company has proven to be a reliable and stable provider of dividends, making it a great addition to any portfolio.

Moreover, the ex-dividend date is scheduled for March 1, 2023, so make sure you buy in before then if you want to maximize your return. HIGH LINER FOODS is an excellent investment opportunity, so don’t miss out!

Stock Price

This news caused the stock price to jump 2.6%, opening at CA$14.9 and closing at CA$15.3. This dividend represents the company’s continued commitment to rewarding its shareholders with a return on their investment. The stock has been trading near its all-time high, making this dividend all the more appealing for investors. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for HLF. More…

    Total Revenues Net Income Net Margin
    1.07k 54.73 4.6%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for HLF. More…

    Operations Investing Financing
    -76.16 -20.67 100.14
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for HLF. More…

    Total Assets Total Liabilities Book Value Per Share
    1k 630.07 11.25
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for HLF are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    4.3% 15.5% 7.7%
    FCF Margin ROE ROA
    -9.1% 14.0% 5.2%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    As GoodWhale, we have conducted an analysis of the financials of HIGH LINER FOODS and have concluded that it is a ‘gorilla’ company, meaning it achieved stable and high revenue or earning growth due to its strong competitive advantage. Our Star Chart shows that HIGH LINER FOODS is strong in dividend and medium in asset, growth and profitability. We also evaluated HIGH LINER FOODS’ intermediate health score of 6/10 considering its cashflows and debt. We conclude that HIGH LINER FOODS has the financial strength to sustain future operations in times of crisis. This type of company may be of interest to investors who want to benefit from the strong dividend income and stable long-term growth prospects. The company may also offer a good risk/return balance with its moderate risk profile. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    The company operates in the United States and Canada. High Liner Foods is the largest seafood processor in North America, with products sold under the High Liner, Fisher Boy, Sea Cuisine, and C. Wirthy & Co. brands in the United States, and High Liner, Fisher Boy, Sea Cuisine, Greenseas, Maitre Pierre, Ocean Cuisine, Springs River, and Voltigeur brands in Canada. The company was founded in 1899. High Liner Foods’ competitors include The Simply Good Foods Co, Mowi ASA, Millennium Global Holdings Inc.

    – The Simply Good Foods Co ($NASDAQ:SMPL)

    The Simply Good Foods Co is a food company that focuses on providing healthy food options. The company has a market cap of 3.71B as of 2022 and a Return on Equity of 7.5%. The company’s focus on healthy food options has made it a popular choice among consumers looking for healthier alternatives. The company’s products are available in a variety of retail outlets, including grocery stores, health food stores, and online retailers.

    – Mowi ASA ($OTCPK:MHGVY)

    Mowi ASA is a Norwegian seafood company that is involved in the farming, processing, and selling of salmon and other fish products. The company has a market capitalization of 7.84 billion as of 2022 and a return on equity of 17.38%. Mowi ASA is the world’s largest salmon farming company and is headquartered in Bergen, Norway. The company has operations in Ireland, Scotland, the Faroe Islands, Chile, and Canada.

    – Millennium Global Holdings Inc ($PSE:MG)

    Millennium Global Holdings Inc is a holding company that owns and operates businesses in the financial services industry. The company has a market cap of 251.19M and a ROE of 2.81%. The company provides financial services including asset management, capital markets, and advisory services. The company operates in the United States, Europe, Asia, and the Middle East.


    High Liner Foods has been an attractive option for investors looking for dividend stocks over the past three years, having distributed annual dividends of 0.33 USD per share. This makes the dividend yields from 2022 to 2023 an estimated 3.37%, yielding an average dividend yield of 3.37%. These figures make High Liner Foods a great option for those looking for a reliable dividend payer, offering investors a much higher yield than what is available from the bond market. Therefore, High Liner Foods can be seen as a viable option for investors searching for solid dividend income.

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