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Continued Investor Value: Helios Technologies Maintains Dividends as Earnings Expand

Author: Benzinga Insights | January 19, 2024 11:05am

At the end of today, January 19, 2024, Helios Technologies (NYSE:HLIO) will distribute a dividend payout of $0.09 per share, translating to an annualized dividend yield of 0.89%. Shareholders who held the stock before the ex-dividend date on January 03, 2024 will benefit from this payout.

Helios Technologies Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2024-01-03 4 $0.09 0.89% 2023-12-12 2024-01-04 2024-01-19
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

In terms of dividend yield, Helios Technologies finds itself in the middle ground among its industry peers, while Kennametal (NYSE:KMT) takes the lead with the highest annualized dividend yield at 3.29%.

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

Investors witnessed a steady dividend per share of $0.36 from 2020 to 2023, indicating the company's commitment to providing stability to shareholders through a reliable dividend payout. This consistent dividend policy offers a dependable income source for investors.

YoY Earnings Growth For Helios Technologies

earning chart graph

From 2020 to 2023, Helios Technologies experienced a growth in earnings per share, with an increase from $2.18 to $2.75. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.

Recap

In this article, we delve into Helios Technologies's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.09 per share today, resulting in an annualized dividend yield of 0.89%.

In terms of dividend yield, Helios Technologies finds itself in the middle ground among its industry peers, while Kennametal takes the lead with the highest annualized dividend yield at 3.29%.

Despite no adjustment in the dividend per share over the period of 2020 to 2023, the consistent growth in earnings per share for Helios Technologies indicates a sound financial status, which could enable the company to continue sharing profits with its investors.

To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.

\To keep track of which companies are distributing dividends, 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

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