Hey there, Londoners! If you’re one of those dividend investors keeping an eye on your portfolio and looking for ways to grow your wealth, I’ve got some news that might tickle your fancy. Steve Jobs once said, “Great things in business are never done by one person. They’re done by a team of people.” Well, today, let’s talk about a *team* of investors who are all geared up to earn some dividends from none other than Hilton Food Group plc!
Just a little birdie told us that Hilton Food Group is about to go *ex-dividend* in just four days. That’s right, mark your calendars for October 31st, as this is the day you need to buy their shares if you want to get in on the next dividend payment! Now, for those not familiar with the term ‘ex-dividend’, it’s pretty straightforward. This date is crucial because if you purchase shares on or after this date, you won’t be on the company’s list of shareholders that qualify for the upcoming payout scheduled for November 29th.
So, if you’re planning to snag some shares, you better hustle before the 31st rolls around!
As for what’s being offered, Hilton Food Group’s upcoming dividend payment is a *decent* £0.096 per share. If we look back over the last year, the company dished out a total of £0.42 per share. With the current share price sitting pretty at £9.21, this translates to a *trailing yield* of around 4.5%. Not too shabby for passive income seekers!
Now, let’s talk numbers for a second. Dividends are typically paid out from what a company earns, and *here’s the kicker*: Hilton Food Group paid out about 63% of their earnings last year. That’s pretty standard for most companies, but here’s something cool – they kept their dividend pretty safe by only using 23% of their free cash flow for it. That sounds promising, right?
This means that not only are their profits covering the dividends, but the *cash flow* is, too. So, it looks like they’re in a good spot to keep those dividends rolling in as long as their earnings stay steady.
Here’s where it gets a bit more complex. Over the last five years, Hilton Food Group has seen its earnings per share grow by about 5.3% each year. While that’s a nice growth rate, a word of caution here. They are paying out quite a bit of their earnings, which sometimes limits their ability to reinvest in the business for future growth. This could be a sticking point in terms of potential slower growth down the line.
Now, if you’re looking to assess a company’s ability to dish out dividends on the regular, one thing to consider is how much the payments have changed over time. Get this: Hilton Food Group has boosted its dividend by about 13% on average annually for the past decade! This shows they care about giving back to their shareholders, which is always a good sign.
So, thinking about whether Hilton Food Group is a good pick for dividend investors? Well, while it does have an *appealing dividend*, remember there are risks involved. Our analysis has identified at least one potential warning sign with this stock, so you may want to tread carefully.
In the world of investing, it’s generally best to keep your options open. Rather than just jumping on the first dividend-paying stock that catches your eye, check out a few other solid options out there. After all, it’s your hard-earned cash on the line!
So, there you have it, folks. You’ve got a *sneak peek* into what’s happening with Hilton Food Group, but as always, do your own homework before diving in. Happy investing!
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