
Hafnia Limited
HAFNIndustrials · Marine Shipping · Stock · quarterly payer
Forward Yield
10.25%
Annual Dividend
$1.11
Payout Ratio
57%
5-Yr Growth
—
Ex-Date
Sep 8, 2026
Frequency
Quarterly
Key facts about HAFN's dividend
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, Hafnia Limited (HAFN) has a forward dividend yield of 10.25%, based on an annual dividend of $1.11 per share and a share price of $11.06.
- As of Oct 30, 2026, HAFN's dividend safety grade from SmarterDividends is C (52 out of 100), which rates the dividend as borderline.
- HAFN last cut its regular dividend in 2025.
- HAFN's most recent ex-dividend date was Sep 8, 2026, for a dividend of $0.50 per share.
- As of Oct 30, 2026, HAFN pays out 57% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Oct 30, 2026, HAFN's 10.25% yield is 33% below its five-year average yield of 15.38%.
- As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for HAFN is $14.63 per share, 32% above the $11.06 share price, so HAFN screens as undervalued.
- Hafnia Limited (HAFN) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "HAFN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/HAFN
Summary
As of Oct 30, 2026, Hafnia Limited (HAFN) yields 10.25% ($1.11 a year per share) and has a dividend safety grade of C (52/100).
Is HAFN a good dividend stock?
MixedHafnia Limited (HAFN) pays a quarterly dividend yielding 10.25% ($1.11/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (57%)
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 10.25%
- Payout Ratio
- 57%
- Annual Dividend
- $1.11
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 8, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- -0.19
- Market Cap
- $5.9B
- P/E Ratio
- 8.6
- 5-Yr Total Return
- —
- 52-Week Range
- $5.17 – $11.10
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2025)
HAFN dividend changes
Hafnia Limited (HAFN) pays a variable dividend: across the 14 payments on record since 2024, 6 were higher than the one before and 1 lower. The latest change was up 63.6% to $0.288 per share, going ex-dividend on Jun 3, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 3, 2026 | Higher | $0.176 → $0.288 | +63.6% |
| Mar 5, 2026 | Higher | $0.147 → $0.176 | +19.7% |
| Dec 9, 2025 | Higher | $0.121 → $0.147 | +21.5% |
| Sep 4, 2025 | Higher | $0.102 → $0.121 | +18.6% |
| May 22, 2025 | Higher | $0.0290 → $0.102 | +251.7% |
| Mar 6, 2025 | Lower | $0.379 → $0.0290 | −92.3% |
| Dec 5, 2024 | Higher | $0.344 → $0.379 | +10.2% |
Frequently Asked Questions
Is HAFN a good dividend stock?
Mixed. Hafnia Limited (HAFN) pays a quarterly dividend yielding 10.25% ($1.11/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is HAFN undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HAFN's fair value is about $14.63 versus a $11.06 share price — so it looks undervalued (+32% vs. fair value).
Is HAFN's dividend safe?
HAFN has a dividend-safety grade of C (52/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is HAFN's fair value?
Our blended fair-value estimate for HAFN is about $14.63 per share, roughly 32% above the current $11.06 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is HAFN a buy, hold, or sell?
We don't issue formal ratings, but on the data HAFN screens as "mixed" and undervalued. Hafnia Limited (HAFN) pays a quarterly dividend yielding 10.25% ($1.11/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will HAFN cut its dividend?
HAFN earns a dividend-safety grade of C (52/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does HAFN pay a dividend?
Yes. Hafnia Limited pays a quarterly dividend of about $1.11 per share annually, a forward yield of roughly 10.25%.
What is HAFN's dividend yield?
As of Oct 30, 2026, HAFN's forward dividend yield is 10.25%, based on a $1.11 annual dividend and a $11.06 share price.
What is HAFN's dividend per share?
As of Oct 30, 2026, HAFN pays $1.11 per share per year, distributed on a quarterly basis.
What is HAFN's dividend payout ratio?
As of Oct 30, 2026, HAFN's payout ratio is 57% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has HAFN grown its dividend?
HAFN does not currently have a long dividend-growth streak on record.
When is the next HAFN ex-dividend date?
As of Oct 30, 2026, HAFN's next ex-dividend date hasn't been announced. The most recent was Sep 8, 2026, for $0.50 per share.
HAFN Price — Last 12 Months
Daily close
Price Return
1 Year
+75%
3 Years
—
5 Years
—
52-Week Range
$5.17 – $11.10
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HAFN worth?
Undervaluedhigh confidenceOur blended fair-value estimate for Hafnia Limited is $14.63 per share, versus a market price of $11.06. That implies 32% of upside — a margin of safety of about 24%.
Fair Value
$14.63
Current Price
$11.06
Upside
+32%
Margin of Safety
24%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
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 -8.1% annual free-cash-flow growth. We model 0.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $1.27 EPS, $1.11 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HAFN Dividend Safety Score
Borderline
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
Full HAFN dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 8, 2026 | Sep 18, 2026 | $0.5000 | regular |
| Jun 3, 2026 | — | $0.2880 | regular |
| Mar 6, 2026 | Mar 13, 2026 | $0.1760 | regular |
| Mar 5, 2026 | Mar 18, 2026 | $0.1760 | regular |
| Dec 9, 2025 | Dec 16, 2025 | $0.1470 | regular |
| Sep 4, 2025 | Sep 10, 2025 | $0.1210 | regular |
| May 23, 2025 | May 30, 2025 | $0.1020 | regular |
| May 22, 2025 | — | $0.1020 | regular |
| Mar 7, 2025 | Mar 13, 2025 | $0.0290 | regular |
| Mar 6, 2025 | — | $0.0290 | regular |
| Dec 6, 2024 | Dec 17, 2024 | $0.3790 | regular |
| Dec 5, 2024 | — | $0.3790 | regular |
| Sep 3, 2024 | Sep 13, 2024 | $0.4050 | regular |
| May 22, 2024 | Jun 3, 2024 | $0.3440 | regular |
HAFN Dividend News
Hafnia Raises Quarterly Dividend 73.6% to $0.50
Hafnia lifted its quarterly dividend 73.6% to $0.50 as stronger tanker earnings and lower leverage moved the company to its top payout threshold.
Hafnia Raises Quarterly Dividend 63.6% to $0.288
Hafnia lifted its quarterly dividend 63.6% to $0.288 as stronger tanker earnings, asset sales and lower leverage supported a larger payout.
Income Calculator
At $1.11 / yr per share
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