Haynes Intl: The Protector of Consistency and Investor Benefits
On December 15, 2023, Haynes Intl (NASDAQ:HAYN) will distribute a dividend payout of $0.22 per share, equating to an annualized dividend yield of 1.76%. Shareholders who owned the stock before the ex-dividend date on November 30, 2023 will receive this payout.
Haynes Intl Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-30 | 4 | $0.22 | 1.76% | 2023-11-16 | 2023-12-01 | 2023-12-15 |
| 2023-08-31 | 4 | $0.22 | 1.79% | 2023-08-03 | 2023-09-01 | 2023-09-15 |
| 2023-05-31 | 4 | $0.22 | 1.9% | 2023-05-04 | 2023-06-01 | 2023-06-15 |
| 2023-02-28 | 4 | $0.22 | 1.57% | 2023-02-02 | 2023-03-01 | 2023-03-15 |
| 2022-12-02 | 4 | $0.22 | 1.65% | 2022-11-17 | 2022-12-05 | 2022-12-19 |
| 2022-08-31 | 4 | $0.22 | 2.6% | 2022-07-28 | 2022-09-01 | 2022-09-15 |
| 2022-05-31 | 4 | $0.22 | 2.2% | 2022-04-28 | 2022-06-01 | 2022-06-15 |
| 2022-02-28 | 4 | $0.22 | 2.55% | 2022-01-27 | 2022-03-01 | 2022-03-15 |
| 2021-11-30 | 4 | $0.22 | 2.12% | 2021-11-18 | 2021-12-01 | 2021-12-15 |
| 2021-08-31 | 4 | $0.22 | 2.27% | 2021-07-29 | 2021-09-01 | 2021-09-15 |
| 2021-05-28 | 4 | $0.22 | 3.1% | 2021-04-29 | 2021-06-01 | 2021-06-15 |
| 2021-02-26 | 4 | $0.22 | 3.85% | 2021-01-28 | 2021-03-01 | 2021-03-15 |
In terms of dividend yield, Haynes Intl finds itself in the middle ground among its industry peers, while Ramaco Resources (NASDAQ:METCB) takes the lead with the highest annualized dividend yield at 8.55%.
Analyzing Haynes Intl 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
Throughout the period of 2019 to 2022, the company maintained a steady dividend per share of $0.88. This demonstrates the company's commitment to a stable dividend policy, which can be reassuring for investors looking for reliable income sources.
YoY Earnings Growth For Haynes Intl
The earnings chart illustrates an increase in Haynes Intl's earnings per share, from $0.77 in 2019 to $3.58 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
In this article, we explore the recent dividend payout of Haynes Intl and its significance for shareholders. The company has decided to distribute a dividend of $0.22 per share today, which equates to an annualized dividend yield of 1.76%.
In terms of dividend yield, Haynes Intl finds itself in the middle ground among its industry peers, while Ramaco Resources takes the lead with the highest annualized dividend yield at 8.55%.
Despite maintaining an unchanged dividend per share from 2019 to 2022, the steady increase in earnings per share for Haynes Intl suggests a strong financial standing and positions the company to continue distributing their profits back to their investors.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.