Exciting News for Dividend Investors in London!
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!
Tick Tock: The Countdown to Ex-Dividend Day
Just a little birdie told us that Hilton Food Group is about to go *ex-dividend* in just four days. Thatโs 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’, itโs 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!
Whatโs on Offer?
As for what’s being offered, Hilton Food Groupโs upcoming dividend payment is a *decent* ยฃ0.096 per share. If we look back over the last year, the company dished out a total of ยฃ0.42 per share. With the current share price sitting pretty at ยฃ9.21, this translates to a *trailing yield* of around 4.5%. Not too shabby for passive income seekers!
Can They Keep It Up?
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 hereโs something cool โ 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.
Growth Potential: Yay or Nay?
Hereโs 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.
Dividends Over Time
Now, if youโre looking to assess a companyโs 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.
But Wait, Thereโs a Catch
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, itโs your hard-earned cash on the line!
So, there you have it, folks. Youโve got a *sneak peek* into whatโs happening with Hilton Food Group, but as always, do your own homework before diving in. Happy investing!
Author: STAFF HERE MEMPHIS WRITER
The MEMPHIS STAFF WRITER represents the experienced team at HEREMemphis.com, your go-to source for actionable local news and information in Memphis, Shelby County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the areaโwith deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Beale Street Music Festival, Elvis Week, and Memphis in May International Festival. Our coverage extends to key organizations like the Greater Memphis Chamber and the Memphis Convention & Visitors Bureau, plus leading businesses in logistics, healthcare, and music that power the local economy such as FedEx, St. Jude Children's Research Hospital, and AutoZone. As part of the broader HERE network, including HEREBristol.com, HEREChattanooga.com, HEREKnoxville.com, and HERENashville.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.
