H & M Hennes & Mauritz AB (publ)
HMRZFConsumer Cyclical · Stock · semiannual payer
Forward Yield
4.33%
Annual Dividend
$0.80
Payout Ratio
90%
5-Yr Growth
—
Ex-Date
Nov 4, 2026
Frequency
Semiannual
Summary
As of September 2026, H & M Hennes & Mauritz AB (publ) (HMRZF) yields 4.33% ($0.80 per share annually), with a blended fair-value estimate of $14.89 — -20% downside, so it screens as overvalued. Dividend safety grade: D (48/100).
Is HMRZF a good dividend stock?
MixedH & M Hennes & Mauritz AB (publ) (HMRZF) pays a semiannual dividend yielding 4.33% ($0.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (90%)
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 4.33%
- Payout Ratio
- 90%
- Annual Dividend
- $0.80
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Nov 4, 2026
- Years of Growth
- 0
- Frequency
- semiannual
- Beta
- 1.01
- Market Cap
- $29.6B
- P/E Ratio
- 23.2
- 5-Yr Total Return
- -9%
- 52-Week Range
- $14.15 – $20.91
- Dividend Safety
- D · 48/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
HMRZF Price — Last 12 Months
Daily close
Price Return
1 Year
+5%
3 Years
+33%
5 Years
-9%
52-Week Range
$14.15 – $20.91
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HMRZF worth?
Overvaluedmedium confidenceOur blended fair-value estimate for H & M Hennes & Mauritz AB (publ) is $14.89 per share, versus a market price of $18.56. That implies 20% of downside.
Fair Value
$14.89
Current Price
$18.56
Downside
-20%
Margin of Safety
-25%
How we get there
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 6.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 6.4% stage-1 growth, 2.5% terminal growth, $0.81 EPS, $0.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HMRZF Dividend Safety Score
Risky
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 |
|---|---|---|---|
| May 6, 2026 | — | $0.0040 | regular |
| Nov 6, 2025 | — | $0.0040 | regular |
| May 8, 2025 | — | $0.3530 | regular |
| Nov 7, 2024 | — | $0.3000 | regular |
| May 6, 2024 | — | $0.3010 | regular |
| Nov 9, 2023 | — | $0.2980 | regular |
| May 5, 2023 | — | $0.3170 | regular |
| Nov 10, 2022 | — | $0.2990 | regular |
| May 5, 2022 | — | $0.3340 | regular |
| Oct 29, 2021 | — | $0.7640 | regular |
| Nov 11, 2019 | — | $0.5000 | regular |
| May 8, 2019 | — | $0.5110 | regular |
| Nov 12, 2018 | — | $0.0050 | regular |
| May 9, 2018 | — | $0.0060 | regular |
Income Calculator
At $0.80 / yr per share
