Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Fostering Confidence: Helios Technologies Reliable Progress and Investor Expectations

Author: Benzinga Insights | October 20, 2023 11:05am

By the close of today, October 20, 2023, Helios Technologies (NYSE:HLIO) will issue a dividend payout of $0.09 per share, resulting in an annualized dividend yield of 0.67%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on October 04, 2023.

Helios Technologies Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-10-04 4 $0.09 0.67% 2023-09-25 2023-10-05 2023-10-20
2023-07-03 4 $0.09 0.65% 2023-06-05 2023-07-05 2023-07-20
2023-04-04 4 $0.09 0.52% 2023-03-09 2023-04-05 2023-04-20
2023-01-04 4 $0.09 0.67% 2022-12-08 2023-01-05 2023-01-20
2022-10-04 4 $0.09 0.72% 2022-09-23 2022-10-05 2022-10-20
2022-07-01 4 $0.09 0.5% 2022-06-09 2022-07-05 2022-07-20
2022-04-04 4 $0.09 0.5% 2022-03-10 2022-04-05 2022-04-20
2022-01-04 4 $0.09 0.36% 2021-12-09 2022-01-05 2022-01-20
2021-10-04 4 $0.09 0.41% 2021-09-27 2021-10-05 2021-10-20
2021-07-01 4 $0.09 0.49% 2021-06-07 2021-07-05 2021-07-20
2021-04-01 4 $0.09 0.5% 2021-03-11 2021-04-05 2021-04-20
2021-01-04 4 $0.09 0.69% 2020-12-10 2021-01-05 2021-01-20

With a dividend yield that places it neither at the top nor the bottom, Helios Technologies finds itself in the middle among its industry peers, while Kennametal (NYSE:KMT) boasts the highest annualized dividend yield at 3.45%.

Analyzing Helios Technologies Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

The company has consistently maintained a dividend per share of $0.36 from 2019 to 2022. This unwavering dividend policy instills confidence in investors, as they can rely on a consistent income stream from the company's dividends.

YoY Earnings Growth For Helios Technologies

earning chart graph

From 2019 to 2022, Helios Technologies has demonstrated an upward trend in earnings, with earnings per share rising from $2.30 to $4.27. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.

Recap

This article provides an in-depth analysis of Helios Technologies's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.09 per share, resulting in an annualized dividend yield of 0.67%.

With a dividend yield that places it neither at the top nor the bottom, Helios Technologies finds itself in the middle among its industry peers, while Kennametal boasts the highest annualized dividend yield at 3.45%.

Even though there has been no change in the dividend per share from 2019 to 2022, the rising earnings per share of Helios Technologies imply a solid financial footing, suggesting the company's ability to consistently reward shareholders with profit distributions.

Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.

\To read more news on Helios Technologies click here

Click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: HLIO KMT

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist