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High Liner Foods Inc (HLNFF) is a Canadian company that is mainly engaged in the processing and marketing of prepared and packaged frozen seafood products.

The company sells its products to institutions, healthcare facilities, and quick-service family and casual dining establishments.

Its food service brands include High Liner, Mirabel, FPI, Viking, American Pride, Fisher Boy, Sea Cuisine, and others.

It markets and distributes its products to retail stores, club stores, convenience stores, wholesalers, distributors, food service operators, and its website.

High Liner Foods Incorporated was founded in 1899 and is headquartered in Lunenburg, Canada

Three key data points gauge High Liner Foods or any dividend-paying firm. The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

HLNFF Price

High Liner’s price grew about 22% in the past year from $9.58 to $11.68 as of Monday’s market close.

In the past 3 years the company’s share price has ranged from $7.50 to $11.91, the all-time high share price reached February 20th.

Should HLNFF share price realize a $1.42 price gain in the coming year,  its share price might grow to $13.10, a new ll-tie high.

HLNFF Dividends

High Liner Foods has paid quarterly dividends since March 2004. The company’s most recent Q dividend of $0.12 was declared February 26th for shareholders of record prior to March 5th, and paid was March 15th. The forward-looking annual dividend of $0.47 yields 4.04% per Tuesday’s closing price.

HLNFF Returns

Putting it all together, a $1.89 estimated gross gain per share shows up by adding Highliner’s annual $0.47 dividend to an estimated $1.42 annual gross price gain, totaling that $1.89 gross gain amount.

A little over $1000 buys 86 shares at Tuesday’s $11.68 share price.

So, a $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.12 per share out of the $1.89 gross gain to give us a $1.77 net amount per share to multiply by 86 shares. That result comes to $152.22 for about a 15% estimated net gain in the coming year.

Furthermore, $40.40 in annual dividend income from your $1,000 investment in High Liner Foods is nearly 3.5 times greater than the $11.68 single-share price. By these numbers, HLNFF could be considered an ideal dividend dog by my dogcatcher standards.

Therefore, you may choose to pounce on HLNFF as a 126-year-old quarterly dividend-paying Canadian produce company with a 21-year  dividend payment record.

The exact track of HLNFF's future price and dividend will entirely be determined by market action and company finances.

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.

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