Federated Hermes (FHI) Dividend Coverage Ratio (2012 - 2024)
Federated Hermes' Dividend Coverage Ratio came in at 3.42 for Q3 2024, up 12.7% from 3.04 a year earlier.
Federated Hermes (FHI) Dividend Coverage Ratio (2012 - 2024) Analysis & Trends
Over the trailing twelve months to Sep 30, 2024, Federated Hermes reported Dividend Coverage Ratio of 1.42, down 48.4% year-over-year; for FY2023, it came in at 3.05, up 24.6% from FY2022.
- Going back by year, Dividend Coverage Ratio was 2.45 in FY2022 (-4.3%), 2.55 in FY2021 (+62.7%), 1.57 in FY2020 (-37.1%) and 2.50 in FY2019 (+21.1%).
- The Q3 2024 figure represents the highest quarterly Dividend Coverage Ratio since Q4 2017.
- Year-over-year, Dividend Coverage Ratio increased in six of the last eight quarters, with growth averaging 1.7%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q4 2021 (growth of 247.9%), and the weakest in Q2 2024 (a decline of 94.6%).
- Business Quant data shows FHI's Dividend Coverage Ratio at 0.15 (Q2 2024), 3.16 (Q1 2024) and 3.40 (Q4 2023) in the three quarters before Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 2.05 |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 0.80 |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 3.77 |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | - |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 3.91 |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 3.17 |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 4.39 |
| 10 | Federated Hermes | 4.22 Bn | 1.86 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 3.42 |
| Jun 30, 2024 | 0.15 |
| Mar 31, 2024 | 3.16 |
| Dec 31, 2023 | 3.40 |
| Sep 30, 2023 | 3.04 |
| Jun 30, 2023 | 2.74 |
| Mar 31, 2023 | 2.88 |
| Dec 31, 2022 | 2.34 |
| Sep 30, 2022 | 2.88 |
| Jun 30, 2022 | 2.33 |
| Mar 31, 2022 | 2.24 |
| Dec 31, 2021 | 2.62 |
| Sep 30, 2021 | 2.71 |
| Jun 30, 2021 | 2.10 |
| Mar 31, 2021 | 2.78 |
| Dec 31, 2020 | 0.75 |
| Sep 30, 2020 | 3.17 |
| Jun 30, 2020 | 2.98 |
| Mar 31, 2020 | 2.35 |
| Dec 31, 2019 | 3.01 |
Federated Hermes Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=FHI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "FHI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=FHI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();