About Harding Loevner International Equity Portfolio (HLMNX) — Dividend Analysis 2026
The fund invests in companies based in developed markets outside the U.S. as well as in companies in emerging and frontier markets. It normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stocks, preferred stocks, rights and warrants issued by companies that are based outside the United States, securities convertible into such securities (including Depositary Receipts), and investment companies that invest in the types of securities in which the Portfolio would normally invest. The fund normally holds investments across at least 15 countries.
Is HLMNX a good dividend investment in 2026?
HLMNX offers a 14.39% forward yield with a 50% payout ratio. Strand Safety Score: 30/100 (High Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
HLMNX DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your HLMNX portfolio grows to $38.4K vs $24.4K without reinvestment. This is the compound interest effect in action.
HLMNX dividend growth history & forecast
HLMNX has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 14.39%.
FCF ($122M) is below dividends paid ($1.8B) — risk of cut (FCF: $122M · Dividends est.: $1.8B)
Debt Leverage0.0× Debt/EBITDA
0 / 30 pts
0/30
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum+0.1B → +0.0B → -0.0B
30 / 30 pts
30/30
Net income grew for 2 consecutive years — strong earnings momentum
OVERALL ASSESSMENT
Dividend sustainability questionable — consider alternative income stocks.
STRAND SCORE
30
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 HLMNX Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold HLMNX.
Gross yield
14.39%
Tax rate
15.00%
After-tax yield
12.23%
Real yield (−CPI)
9.43%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
14.39%
11.59%
$1,439 / yr
🇺🇸 US Taxable (15%) ✓
15%
12.23%
9.43%
$1,223 / yr
🇺🇸 US Taxable (20%)
20%
11.51%
8.71%
$1,151 / yr
🇬🇧 UK ISA
0%
14.39%
11.59%
$1,439 / yr
🇬🇧 UK Taxable
8.75%
13.13%
10.33%
$1,313 / yr
🇨🇦 TFSA
0%
14.39%
11.59%
$1,439 / yr
🇨🇦 CA Taxable
25%
10.79%
7.99%
$1,079 / yr
🇦🇺 Super (pension)
15%
12.23%
9.43%
$1,223 / yr
🇦🇺 AU Taxable
30%
10.07%
7.27%
$1,007 / yr
🇩🇪 DE Taxable
26.375%
10.59%
7.79%
$1,059 / yr
🇫🇷 FR Taxable
30%
10.07%
7.27%
$1,007 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 HLMNX Income Goal & Break-Even
Dividend Break-Even
9yr
Years for dividends to fully repay your HLMNX investment of $27.25/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$21.7K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$19.2K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in HLMNX for:
Shares needed
7,201
Capital required
$196,227
Monthly income
$2,000
Based on current dividend of $3.92/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 HLMNX Dividend Payment Schedule
HLMNX pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$8.33 / payment
$33.33 / year after tax
100 shares
$83.32 / payment
$333.30 / year after tax
1,000 shares
$833.24 / payment
$3332.97 / year after tax
📊 HLMNX vs Financial Services Benchmarks
How HLMNX compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+11.49% vs sectorBetter
HLMNX
14.39%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
HLMNX
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
HLMNX
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for HLMNX sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ HLMNX Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
315.66
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
8/9
✅ Strong fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the HLMNX dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →