Hafnia Limited
HAFNIndustrials · Stock · quarterly payer
Forward Yield
12.51%
Annual Dividend
$1.11
Payout Ratio
56%
5-Yr Growth
—
Ex-Date
Sep 8, 2026
Frequency
Quarterly
Summary
As of September 2026, Hafnia Limited (HAFN) yields 12.51% ($1.11 per share annually), with a blended fair-value estimate of $11.08 — +31% upside, so it screens as undervalued. Dividend safety grade: C (52/100).
Is HAFN a good dividend stock?
MixedHafnia Limited (HAFN) pays a quarterly dividend yielding 12.51% ($1.11/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (56%)
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 12.51%
- Payout Ratio
- 56%
- Annual Dividend
- $1.11
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 8, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- $4.5B
- P/E Ratio
- 6.9
- 5-Yr Total Return
- —
- 52-Week Range
- $5.17 – $9.54
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
HAFN Price — Last 12 Months
Daily close
Price Return
1 Year
+41%
3 Years
—
5 Years
—
52-Week Range
$5.17 – $9.54
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HAFN worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Hafnia Limited is $11.08 per share, versus a market price of $8.47. That implies 31% of upside — a margin of safety of about 24%.
Fair Value
$11.08
Current Price
$8.47
Upside
+31%
Margin of Safety
24%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.92 EPS, $0.73 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HAFN Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 3, 2026 | — | $0.2880 | regular |
| Mar 6, 2026 | — | $0.1760 | regular |
| Mar 5, 2026 | — | $0.1760 | regular |
| Dec 9, 2025 | — | $0.1470 | regular |
| Sep 4, 2025 | — | $0.1210 | regular |
| May 23, 2025 | — | $0.1020 | regular |
| May 22, 2025 | — | $0.1020 | regular |
| Mar 7, 2025 | — | $0.0290 | regular |
| Mar 6, 2025 | — | $0.0290 | regular |
| Dec 6, 2024 | — | $0.3790 | regular |
| Dec 5, 2024 | — | $0.3790 | regular |
| Sep 3, 2024 | — | $0.4050 | regular |
| May 22, 2024 | — | $0.3440 | regular |
Income Calculator
At $1.11 / yr per share
