|Bid||64.84 x 900|
|Ask||64.89 x 800|
|Day's Range||64.62 - 66.46|
|52 Week Range||42.86 - 66.46|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||21.37|
|Earnings Date||Feb 01, 2021 - Feb 05, 2021|
|Forward Dividend & Yield||1.32 (2.00%)|
|Ex-Dividend Date||Dec 01, 2020|
|1y Target Est||66.29|
Houlihan Lokey (NYSE:HLI) declared a dividend payable on December 15, 2020 to its shareholders as of October 29, 2020. It was also announced that shareholders of Houlihan Lokey's stock as of December 2, 2020 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Houlihan Lokey has an ex-dividend date set for for December 1, 2020. The company's current dividend payout is $0.33, which equates to a dividend yield of 2.1% at current price levels.The Significance Of Ex-Dividend Dates Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.Houlihan Lokey's Dividend Payouts And Yields Over the past year, Houlihan Lokey has seen its dividend payouts climb upward and its yields trend downward. Last year on December 4, 2019 the company's payout sat at $0.31, which has since increased by $0.02. Houlihan Lokey's dividend yield last year was 2.68%, which has since decreased by 0.58%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.Click here to find details on Houlihan Lokey's previous dividends.See more from Benzinga * Click here for options trades from Benzinga * Stocks That Hit 52-Week Highs On Monday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Tom Goldrick has joined Houlihan Lokey as a Managing Director and Head of M&A Tax Services. He is based in Chicago.
Polen Capital Management recently released its Q3 2020 Investor Letter, a copy of which you can download here. During the third quarter of 2020, the Polen U.S. SMID Company Growth Composite Portfolio returned 7.11% gross of fees, while the Russell 2500 Growth Index was up 9.37%. You should check out Polen Capital’s top 5 stock […]