Houlihan Lokey, Inc.
HLIFinancial Services · Stock · quarterly payer
Forward Yield
2.04%
Annual Dividend
$2.80
Payout Ratio
42%
5-Yr Growth
13.1%
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Summary
As of September 2026, Houlihan Lokey, Inc. (HLI) yields 2.04% ($2.80 per share annually), with a blended fair-value estimate of $96.34 — -30% downside, so it screens as overvalued. Dividend safety grade: A (86/100). 10 years of dividend growth.
Is HLI a good dividend stock?
YesHoulihan Lokey, Inc. (HLI) pays a quarterly dividend yielding 2.04% ($2.80/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 10 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (42%)
- Strong 13.1% 5-yr dividend growth
- 49% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.04%
- Payout Ratio
- 42%
- Annual Dividend
- $2.80
- 5-Yr Avg Growth
- 13.1%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 10
- Frequency
- quarterly
- Beta
- 0.97
- Market Cap
- $9.6B
- P/E Ratio
- 23.0
- 5-Yr Total Return
- 49%
- 52-Week Range
- $112.83 – $211.78
- Dividend Safety
- A · 86/100
- Ever Cut?
- No
Frequently Asked Questions
HLI Price — Last 12 Months
Daily close
Price Return
1 Year
-33%
3 Years
+28%
5 Years
+49%
52-Week Range
$112.83 – $211.78
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HLI worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Houlihan Lokey, Inc. is $96.34 per share, versus a market price of $137.11. That implies 30% of downside.
Fair Value
$96.34
Current Price
$137.11
Downside
-30%
Margin of Safety
-42%
How we get there
Discounted cash flow
Discounts projected free cash flow 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 -2.7% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.1% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $5.95 EPS, $2.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HLI Dividend Safety Score
Very Safe
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 |
|---|---|---|---|
| Sep 1, 2026 | — | $0.7000 | regular |
| Jun 1, 2026 | — | $0.7000 | regular |
| Mar 2, 2026 | — | $0.6000 | regular |
| Dec 1, 2025 | — | $0.6000 | regular |
| Sep 2, 2025 | — | $0.6000 | regular |
| Jun 2, 2025 | — | $0.6000 | regular |
| Mar 3, 2025 | — | $0.5700 | regular |
| Dec 2, 2024 | — | $0.5700 | regular |
| Sep 3, 2024 | — | $0.5700 | regular |
| Jun 3, 2024 | — | $0.5700 | regular |
| Feb 29, 2024 | — | $0.5500 | regular |
| Nov 30, 2023 | — | $0.5500 | regular |
| Aug 31, 2023 | — | $0.5500 | regular |
| Jun 1, 2023 | — | $0.5500 | regular |
Income Calculator
At $2.80 / yr per share
