Harvey Norman Hldgs Dividend yield




   AUD/share 
 Price  4.16
 Dividend  0.37
 Earnings  0.67
 Cash-flow  0.48
 Book value  3.47
 Equity  3.27

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 paid a total dividend of 461 million AUD last year, for a market value of 5,183 millions (Market Cap 2,463 millions). Dividend per share of Harvey Norman Hldgs is 0.37 AUD, and his stock market price 4.16 AUD.

According to the chart below, where dividend yield is displayed, Harvey Norman Hldgs has a dividend yield of 9.01%, 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 dividend yield with other General Retailers companies or firms from Australia.

Dividend yield of Harvey Norman Hldgs

Harvey Norman Hldgs Dividend Payout

About the ability of Harvey Norman Hldgs to maintain his current dividend of AUD 0.37 per share, an amount that accounts for 9.01%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Harvey Norman Hldgs payout on ernings is currently 55.22%, which is higher than the market average, and companies of Consumer Services industry, which are 41.59% and 30.49% 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 0.48 per share, which is higher than the dividend per share paid by the company of AUD 0.37, 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 payout

Harvey Norman Hldgs Dividend History

Year Yield  AUD  Paypout  Shares* 
Present9.01%0.3755.22%1,246
20217.09%0.3550.00%1,246
20201.28%0.0615.00%1,246
20198.04%0.3397.06%1,249
20189.44%0.3088.24%1,180
20176.24%0.2661.90%1,113
20166.32%0.3090.91%1,104
20154.90%0.2076.92%1,104

*In millions

Harvey Norman Hldgs Stock performance

Finally, last moth Harvey Norman Hldgs showed a return of 3.00% compared to a worldwide 3.75% average, and a 3.41% of Consumer Services firms. Over the last year, the company obtained a -16.10% versus a worldwide performance of a -9.52%. More detailed information can be seen in the following graph for Australia and General Retailers firms.

Harvey Norman Hldgs stock and market return