Dividend Growth of Hanesbrands Inc.(HBI)

Hanesbrands (HBI) is having a Dividend Yield of 2.84% with the Annual cash Dividend per share of $0.44. The last quarter cash dividend per share pay out was $0.11. Hanesbrands has a 5 year average dividend yield of 1.01% and the stock has a Indicated annual dividend of $0.6. Hanesbrands (HBI) formally announced its most recent dividend on January 25, 2017 with a Dividend per share of $0.15. The new indicated annual dividend based on announced dividend per share is $0.6. The dividend yield based on the forward looking indicated annual dividend is 2.84%. Hanesbrands (HBI) has the most recent dividend payout ratio of 0.24 with a 5-year average payout ratio of 0.18. The Ex-Dividend amount last paid was $0.15 on February 10, 2017. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.05. The 5 year historical dividend growth of Hanesbrands (HBI) is at the rate of 28.31% while the R-Squared dividend growth is 0.86. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Hanesbrands Inc. (NYSE:HBI) witnessed a decline in the market cap on Thursday as its shares dropped 1.33% or 0.28 points. After the session commenced at $21.17, the stock reached the higher end at $21.31 while it hit a low of $20.76. With the volume soaring to 5,091,554 shares, the last trade was called at $20.85. The company has a 52-week high of $30.42. The company has a market cap of $7,896 million and there are 378,721,050 shares in outstanding. The 52-week low of the share price is $18.91. Shares of Hanesbrands Inc. appreciated by 3.78% during the last five trading days but lost 4.56% on a 4-week basis. Hanesbrands Inc. has dropped 18.46% during the last 3-month period . Year-to-Date the stock performance stands at -2.62%.

Currently the company Insiders own 1% of Hanesbrands Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.08% . Institutional Investors own 96.3% of Hanesbrands Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -4.08%. Company has reported several Insider transactions to the SEC, on Nov 22, 2016, Jessica Tuchman Mathews (director) sold 5,433 shares at 24.51 per share price.On Aug 10, 2016, Richard A Noll (CEO) purchased 20,000 shares at 25.74 per share price.On Jun 6, 2016, John T. Marsh (Group President, Activewear) sold 10,986 shares at 27.30 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Hanesbrands was Reiterated by Stifel on Feb 3, 2017 to Hold, Lowers Price Target to $ 23 from a previous price target of $26 .Hanesbrands was Reiterated by UBS on Feb 3, 2017 to Buy, Lowers Price Target to $ 25 from a previous price target of $34 .Hanesbrands was Reiterated by FBR & Co. on Feb 3, 2017 to Outperform, Lowers Price Target to $ 33 from a previous price target of $39 .Hanesbrands was Upgraded by CL King to Buy on Dec 12, 2016.

Hanesbrands Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.53 EPS for the quarter, missing the analyst consensus estimate by $ -0.05. Analyst had a consensus of $0.58. The company had revenue of $1575.30 million for the quarter, compared to analysts expectations of $1702.21 million. The companys revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 EPS.

Hanesbrands Inc. is a leading marketer of innerwear, outerwear and hosiery apparel under strong consumer brands, including Hanes, Champion, Playtex, Bali, Just My Size, barely there and Wonderbra. The company designs, manufactures, sources and sells T-shirts, bras, panties, mens underwear, childrens underwear, socks, hosiery, casual wear and active wear. Hanesbrands Inc. is a world-class consumer goods company with more than a century of history and a portfolio of leading apparel essentials brands including Hanes, Champion, Playtex, Bali, Leggs, Just My Size, Barely There and Wonderbra. Hanesbrands sells high-volume apparel essentials such as T-shirts, bras, panties, mens underwear, kids underwear, socks, hosiery, casualwear and activewear.


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