About Hulic Co., Ltd. (HULCF) — Dividend Analysis 2026
Hulic Co., Ltd. engages in the development, rental, sale, and brokerage of real estate properties in Japan. The company operates through three segments: Real Estate, Insurance, and Hotels and Inns. Its property portfolio includes office buildings, commercial buildings, residential rental buildings, hotels, and other properties. As of December 31, 2021, the company had a portfolio of approximately 265 lease properties. It also engages in the asset management and insurance agency businesses; and management of hotels and inns. Hulic Co., Ltd. was founded in 1931 and is headquartered in Tokyo, Japan.
Is HULCF a good dividend investment in 2026?
HULCF offers a 3.40% forward yield with a 50% payout ratio. Strand Safety Score: 60/100 (Moderate Risk). The 5-year dividend CAGR of 84.4% demonstrates strong, consistent growth that outpaces inflation.
HULCF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your HULCF portfolio grows to $12.77M vs $10.58M without reinvestment. This is the compound interest effect in action.
HULCF dividend growth history & forecast
HULCF has grown its dividend by 0% over the last year and 84.4% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 3.40%.
Company generates negative FCF ($-157.2B) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
30 / 30 pts
30/30
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+114.4B → +102.3B → +94.6B
30 / 30 pts
30/30
Net income grew for 2 consecutive years — strong earnings momentum
OVERALL ASSESSMENT
Dividend at moderate risk — monitor coverage and debt closely.
STRAND SCORE
60
/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.
🌍 HULCF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold HULCF.
Gross yield
3.40%
Tax rate
15.00%
After-tax yield
2.89%
Real yield (−CPI)
0.09%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
3.40%
0.60%
$340 / yr
🇺🇸 US Taxable (15%) ✓
15%
2.89%
0.09%
$289 / yr
🇺🇸 US Taxable (20%)
20%
2.72%
-0.08%
$272 / yr
🇬🇧 UK ISA
0%
3.40%
0.60%
$340 / yr
🇬🇧 UK Taxable
8.75%
3.10%
0.30%
$310 / yr
🇨🇦 TFSA
0%
3.40%
0.60%
$340 / yr
🇨🇦 CA Taxable
25%
2.55%
-0.25%
$255 / yr
🇦🇺 Super (pension)
15%
2.89%
0.09%
$289 / yr
🇦🇺 AU Taxable
30%
2.38%
-0.42%
$238 / yr
🇩🇪 DE Taxable
26.375%
2.50%
-0.30%
$250 / yr
🇫🇷 FR Taxable
30%
2.38%
-0.42%
$238 / 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.
🎯 HULCF Income Goal & Break-Even
Dividend Break-Even
6yr
Years for dividends to fully repay your HULCF investment of $10.72/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$335.8K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$333.3K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in HULCF for:
Shares needed
77,394
Capital required
$829,664
Monthly income
$2,000
Based on current dividend of $0.36/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 HULCF Dividend Payment Schedule
HULCF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.78 / payment
$3.10 / year after tax
100 shares
$7.75 / payment
$31.01 / year after tax
1,000 shares
$77.53 / payment
$310.11 / year after tax
📊 HULCF vs Real Estate Benchmarks
How HULCF compares to typical Real Estate averages.
Benchmark: Real Estate
Dividend Yield▼-1.80% vs sectorBelow avg
HULCF
3.40%
avg
5.20%
5Y Dividend CAGR▲+80.30% vs sectorBetter
HULCF
84.40%
avg
4.10%
Payout Ratio▲-28.00% vs sectorBetter
HULCF
50.00%
avg
78.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for HULCF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ HULCF Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
1.00
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
5/9
⚠️ Moderate 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 HULCF 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 →