Trailing Dividend / Share
$2.41
Houlihan Lokey, Inc. (HLI) Dividend History
Income profile from 2015 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.5%
Payout Ratio
41.3%
Sustainable
Dividend Streak
10 years
3-Second Income Check
Safety
41.3% payout ratio with sustainable safety profile.
Consistency
10 straight years of dividend increases.
Income Trend
Yield on cost is 3.5% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield1.5%
Trailing DPS$2.41
FrequencyAnnual
Payments / 12M5
Payout Safety
Earnings Payout41.3%
Earnings SafetySustainable
FCF Payout22.4%
FCF SafetyWell Covered
Piotroski F-Score7/9
Growth
Growth Streak10 years
3Y CAGR5.5%
5Y CAGR13.1%
Yield on Cost (5Y)3.5%
YOC Trendrising
Total Returns
Buyback Yield2.1%
Total Shareholder Yield3.6%
1Y Total Return-4.2%
5Y Total Return167.7%
Div Contribution (5Y)16.1%
Estimated $10K growth (return + dividends):
5Y ago$26,77010Y ago$70,09720Y ago$80,053
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (12 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Houlihan Lokey, Inc. distributes 41.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 22.4%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
HLI has raised its dividend for 10 consecutive years, with a 3-year CAGR of 5.5% and 5-year CAGR of 13.1%.
Total Shareholder Returns
Beyond cash dividends, HLI returns capital through share repurchases. The combined picture: 1.5% dividend yield, 2.1% buyback yield, 3.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.5% and is currently rising. The 5-year total return is 167.7%, with dividends contributing 16.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $70,097 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$10.72
Avg/Payment$0.5360
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 2, 2026Latest | $0.6000 | — | 1.47% | Mar 15, 2026 |
| Dec 1, 2025 | $0.6000 | — | 1.36% | Dec 15, 2025 |
| Sep 2, 2025 | $0.6000 | — | 1.19% | Sep 15, 2025 |
| Jun 2, 2025 | $0.6000 | ↑ +5.3% | 1.32% | Jun 15, 2025 |
| Mar 3, 2025 | $0.5700 | — | 1.35% | Mar 15, 2025 |
| Dec 2, 2024 | $0.5700 | — | 1.21% | Dec 15, 2024 |
| Sep 3, 2024 | $0.5700 | — | 1.48% | Sep 15, 2024 |
| Jun 3, 2024 | $0.5700 | ↑ +3.6% | 1.66% | Jun 15, 2024 |
Dividend Peer Comparison
Peer group: Investment Banking and M&A Advisory
#6 yield in peer group
Div Yield
1.5%
#6 of 9
Safety
Sustainable
41.3% payout
Streak
10Y
13.1% 5Y CAGR
Total Shareholder
3.6%
#6 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
HLIHoulihan Lokey, Inc. | $2.5B | 1.5% | 41.3% | 10 | Sustainable |
GSThe Goldman Sachs Gr… | $267.0B | 1.6% | 31.5% | 12 | Sustainable |
MSMorgan Stanley | $264.9B | 2.3% | 45.8% | 11 | Sustainable |
EVREvercore Inc. | $26.9B | 1.1% | 35.9% | 18 | Sustainable |
3rd NMRNomura Holdings, Inc… | $26.6B | 2.6% | 33.0% | 2 | Sustainable |
1st JEFJefferies Financial … | $9.2B | 3.8% | — | 8 | Unknown |
PIPRPiper Sandler Compan… | $4.9B | 1.4% | 40.7% | 0 | Sustainable |
2nd LAZLazard Ltd | $4.8B | 3.5% | 64.0% | 0 | Watch |
MCMoelis & Company | $4.4B | 0.1% | 2.3% | 0 | Sustainable |
Annual Dividend History
14 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.60 | — | 1 | — | — | — | 0.9% |
| 2025 | $2.37 | 4.9% | 4 | $5.82 | 40.7% | 2.46x | 3.5% |
| 2024 | $2.26 | 3.7% | 4 | $4.11 | 55.0% | 1.82x | 3.4% |
| 2023 | $2.18 | 7.9% | 4 | $3.76 | 58.0% | 1.72x | 3.3% |
| 2022 | $2.02 | 24.7% | 4 | $6.41 | 31.5% | 3.17x | 3.0% |
| 2021 | $1.62 | 26.6% | 4 | $4.55 | 35.6% | 2.81x | 2.4% |
| 2020 | $1.28 | 6.7% | 4 | $2.80 | 45.7% | 2.19x | 1.9% |
| 2019 | $1.20 | 18.8% | 4 | $2.42 | 49.6% | 2.02x | 1.8% |
| 2018 | $1.01 | 26.2% | 4 | $2.60 | 38.8% | 2.57x | 1.5% |
| 2017 | $0.80 | 21.2% | 4 | $1.63 | 49.1% | 2.04x | 1.2% |
See HLI's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does HLI pay per share?
Houlihan Lokey, Inc. (HLI) pays a trailing 12-month dividend of $2.41 per share, with a current dividend yield of +1.5%. Payments are made Annual.
When is HLI's next ex-dividend date?
HLI's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. HLI typically pays dividends Annual.
Is HLI's dividend safe?
HLI's dividend safety is rated "Sustainable" based on an earnings payout ratio of +41.3% and FCF payout ratio of +22.4%. The 10-year growth streak provides moderate confidence.
Is HLI a Dividend Achiever?
Yes, Houlihan Lokey, Inc. is classified as a Dividend Achiever with 10 consecutive years of dividend increases. The 5-year dividend CAGR is +13.1%, demonstrating above-inflation dividend growth.
How often does HLI pay dividends?
Houlihan Lokey, Inc. pays dividends Annual. The trailing 12-month total is $2.41 per share. Dividend data on this page covers 11+ years from 2015 to 2026.
How much would $10,000 invested in HLI grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in HLI five years ago would be worth approximately $26,770 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is HLI's yield on cost for long-term holders?
HLI's yield on cost — the current dividend divided by the original purchase price — is +3.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.5% market yield, thanks to consistent dividend growth.