Halfords Dividends - HFD

Halfords Dividends - HFD

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Stock Name Stock Symbol Market Stock Type
Halfords Group Plc HFD London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
3.10 2.17% 146.00 16:35:07
Open Price Low Price High Price Close Price Previous Close
138.90 138.90 147.60 146.00 142.90
more quote information »
Industry Sector

Halfords HFD Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

aringadingding: Can anybody see a good reason why earnings per share should not be 20p, and div per share 15p, in say 3 yrs time, or simply an average over the coming 5 yrs? If we apply a multiple of 12x i think that is conservative, because it results in a hearty dividend yield of 6.25%. It results in a share price of 240p. We could go round the houses forever about online versus physical retail, inflation, ebikes versus cars, electric versus fosil cars... end of the day retail for cars and bikes is real and the internet has been with us since 1996. Seems a great hold to me. Pre covid this sort of opportunity just did not exist.
debsdowner: hamham, Both darrin and Itisonlymoney have put up some good arguments. Darrin has a fairly good take on retail and so do I, Debenhams had a good dividend yield until they went bust and I predicted Debenhams would go bust a year or so before they did so ! You have to be careful of geting caught up with a value trap share. I am not saying it yet but the market is wary. Chart looks awful and market is screaming another profit warning going forward. Having scanned some of their results they appear to have done a lot of sale and lease back hence the net debt position taking account presumably of long leaseholds ? Nearly all retail is having a bad time lately and the reason is obvious consumer spoend is drying up, consumer confidence the worse for 50 years, don't take my word for this just read this link, and have a look at the chart: Https://www.taxresearch.org.uk/Blog/2022/06/24/the-data-is-clear-the-uk-is-heading-for-a-recession-if-it-is-not-already-in-one/ Looking at the company profit predictions the share looks oversold, but I wonder? Consumer spend is drying up and I mean drying up, petrol is sky high which means less cars on the road, less mileage means skipping a service as well as less tyre wear on the road. The UK is looking at a very bad recession, many like me think we are already in a recession and it could be worse than the financial crisis in 2008 ! Profits will fall so the present pe of 5.32 is misleading, just how much the company will make is another matter. Another thing corporation tax will go up next year which meams less eps, no one thought about that going forward because retail is going to be difficult for more than this year? At the moment the stock market is littered with single digit pe ratios because the companies aren't going to make the same profits. One more point EVs are going to be comming more and more popular but many a dealer doing up-front servicing costs for 5 years and I think most new cars bought the consumers will go to a dealership to have their cars serviced. I will conclude with saying I have mixed feelings about the company at the moment and I was also drawn to looking at the company haven fallen so much but is it a value trap?
itisonlymoney: not sure bout this now. sentiment seems strongly against hfd. only a little bounce and soon faded. gonna need something frm management and i don't think they'll be saying anything. shame, but that's the stockmarket for you. i might give it a day but then i'm out. gla.
roguetraderuk: Setting up a tyre service is one of the easiest business to set up darrin. it used to be. i started a garage inc a body and tyre shop about 10-15 years ago and it was so much easier then without all of the h&s training and now environmental/disposal issues you get today. i would agree and say its so much easier to do a black market tyre fitting shop based on used tyres, but eventually youll be shopped by taxing competitors and rightly so. the guy that bought it off me had to close down due to environmental costs and turned it into a detailing spot which to be fair is going better for him but he is cutting corners here and there from what i heard. back to hfd looks like that vaccine gap needs to be filled.
itisonlymoney: darrin, that all sounds very reasonable until you go and look outside. petrol is £9 a gallon and £100 to fill up an avg car, but what's going on on the street? the roads are full up with cars. i don't see loads of people walking to the supermarket, or walking anywhere for that matter. i don't see loads of bicycles. but i do see loads of cars. on every motorway, every lane is full up with cars. sometimes there's so many the mway slows to a crawl. every urban street moves at near walking pace. three quarters of all households have a car, and many have several. People won't be giving them up. They will all be taking them for an annual MOT and the tester will be failing more and more of them, and they will rush round to a Halfords or some other tyre seller, and buy tyres and services. Halfords has one the strongest brand names. the second hand car market supports halfords where the new car market doesn't so i reckon its revenue is assured. another thing to keep in mind - look at all of the forecasts from the hfd management. they are always pessimistic and beating their own forecasts. amd if tehy ONLY make 65m to 75m that is a p/e of about 5. current price gives a divi yield of 6%. pretty good investment at twice this share price i reckon. dyor.
roguetraderuk: while theyve cut a lot of the retailers f/c hfd hasnt seen much maybe only 5% so theres that to consider. there was a big swing to price in. and shares tend not to bottom until most analysts have moved their numbers lower. the good news for those impatiently looking for a bottom is that economies are cratering quickly and credit is starting to show some real danger signs. combined they are more than enough to kill inflation and cause the fed to pivot. some commodities are falling and oil shares have started to fall. oil not yet but its starting to roll over. when the data starts to confirm slowdowns, i think that will go too. and thats one h3ll of a crowded trade. sure you buy the fall, given the structural issues but it has to happen first. people need to be cleaned out of it.
kendonagasaki: Imo the company is run by muppets!Hence the results.New CEO is what is needed imo!Never mind the dividend stop destroying shareholder wealth.All the top brass at HFD sold out at above 4 Quid????
itisonlymoney: this was fat-fingered first thing triggering an auto sell-off. hfd has no debt. the business has £46m in net cash even after all the recent expansion. all the debt shown is lease obligations. 9p annual dividend on 156p share price that's 5.8% yield on the divi alone. amazed this has happened. even low side earnings give this a p/e of 5, which is ridiculous for a profitable business paying a divi with no debt. managment always underselling themselves here too. just managed to squeeze in a little more.
itisonlymoney: amazing reaction to great results. probably caused by a misreading of a few shareholders and then a mechanized dump triggering stops down to the 150s. have loaded up at 156. i expect this to be blue by the end of day and about 240p by Friday. hfd is paying a 4% divi on this mornings price. forecast p/e of about 5. dominant market position. managmnt have a history of being very downbeat on propsects and then overdelivering. gla dyor. share price is stupidly low and doesn't make any sense against earnings.
belroe: The downward trend seems well established and I'm guessing this is due to high inflation and high fuel costs dissuading drivers from driving. But a few things argue in HFD's favour - massive sales of used cars and higher age of cars on the road. Also, people still need to travel and public transport is 25% down, so people are either getting around using cars, or bikes, or electric scooters or whatever, but it's all HFD business. Even electric cars need tyres and HFD is one of the biggest tyre suppliers in the UK with its recent acquisitions - over 600 garages and catching up fast to Kwik Fit (700+ locations).
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