Harvey Norman Hldgs Dividend yield

Harvey Norman Hldgs is part of General Retailers business, which is part of Consumer Services industry. Harvey Norman Hldgs is a company from Australia, and his stocks are publicly traded.

Harvey Norman Hldgs stock dividend

Harvey Norman Hldgs paid a total dividend of 386 million AUD last year, for a market value of 5,034 millions (Market Cap 2,392 millions). Harvey Norman Hldgs dividend per share is 0.31 AUD, and his stock market price 4.04 AUD.

According to the chart below, where dividend yield is displayed, Harvey Norman Hldgs has a dividend yield of 7.55%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Harvey Norman Hldgs stocks dividend with other General Retailers companies or other of the highest Australia dividend stocks list.

Harvey Norman Hldgs Dividend Payout

About the ability of Harvey Norman Hldgs to maintain his current dividend of AUD 0.31 per share, an amount that accounts for 7.55%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Harvey Norman Hldgs payout on ernings is currently 68.89%, which is higher than the market average, and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that Harvey Norman Hldgs can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Harvey Norman Hldgs is AUD 0.55 per share, which is higher than the dividend per share paid by the company of AUD 0.31, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Harvey Norman Hldgs, compared againt world market average, Australia companies, Consumer Services industry and General Retailers sector companies.

Harvey Norman Hldgs Dividend History

Below you will find a table with the historical evolution of Harvey Norman Hldgs's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	AUD	Paypout	Shares*
Present	7.55%	0.31	68.89%	1,246
2022	9.08%	0.38	56.72%	1,246
2021	7.09%	0.35	50.00%	1,246
2020	1.28%	0.06	15.00%	1,246
2019	8.04%	0.33	97.06%	1,249
2018	9.44%	0.30	88.24%	1,180
2017	6.24%	0.26	61.90%	1,113
2016	6.32%	0.30	90.91%	1,104
2015	4.90%	0.20	76.92%	1,104

*In millions

Then you can see the evolution of Harvey Norman Hldgs dividend stock, and compare it with the average of Australia stocks and that of the General Retailers stocks.

Harvey Norman Hldgs Stock performance

Finally, last moth Harvey Norman Hldgs showed a return of 6.90% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a -4.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and General Retailers firms.