About Hexagon Composites ASA (HXGCF) — Dividend Analysis 2026
Hexagon Composites ASA, together with its subsidiaries, produces and sells composite pressure cylinders and fuel systems in Norway, Europe, North America, South-East Asia, the Middle East, and internationally. The company operates through Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG segments. The Hexagon Agility & CNG LDV segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation. Hexagon Purus segment provides high pressure cylinders, vehicle systems, and battery backs for fuel cell and battery electric vehicles. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology solutions that reduce down-time and inspection costs while improving inspection accuracy. The Hexagon Ragasco LPG segment manufacturers composite liquefied petroleum gas (LPG) cylinders for leisure, household, and industrial applications. Hexagon Composites ASA was incorporated in 1985 and is headquartered in Ålesund, Norway.
Is HXGCF a good dividend investment in 2026?
HXGCF offers a 250.00% forward yield with a 50% payout ratio. Strand Safety Score: 0/100 (Critical Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
HXGCF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your HXGCF portfolio grows to $11523376.08M vs $251.0K without reinvestment. This is the compound interest effect in action.
HXGCF dividend growth history & forecast
HXGCF has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 250.00%.
Company generates negative FCF ($-267M) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
0 / 30 pts
0/30
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum-1.1B → -0.2B → +1.2B
0 / 30 pts
0/30
Company is reporting net losses — dividend sustainability is in question
OVERALL ASSESSMENT
High risk of dividend cut — weak fundamentals across multiple factors.
STRAND SCORE
0
/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.
🌍 HXGCF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold HXGCF.
Gross yield
250.00%
Tax rate
15.00%
After-tax yield
212.50%
Real yield (−CPI)
209.70%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
250.00%
247.20%
$25,000 / yr
🇺🇸 US Taxable (15%) ✓
15%
212.50%
209.70%
$21,250 / yr
🇺🇸 US Taxable (20%)
20%
200.00%
197.20%
$20,000 / yr
🇬🇧 UK ISA
0%
250.00%
247.20%
$25,000 / yr
🇬🇧 UK Taxable
8.75%
228.13%
225.32%
$22,813 / yr
🇨🇦 TFSA
0%
250.00%
247.20%
$25,000 / yr
🇨🇦 CA Taxable
25%
187.50%
184.70%
$18,750 / yr
🇦🇺 Super (pension)
15%
212.50%
209.70%
$21,250 / yr
🇦🇺 AU Taxable
30%
175.00%
172.20%
$17,500 / yr
🇩🇪 DE Taxable
26.375%
184.06%
181.26%
$18,406 / yr
🇫🇷 FR Taxable
30%
175.00%
172.20%
$17,500 / 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.
🎯 HXGCF Income Goal & Break-Even
Dividend Break-Even
1yr
Years for dividends to fully repay your HXGCF investment of $0.80/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$2812813.38M
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$2812813.38M
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in HXGCF for:
Shares needed
14,118
Capital required
$11,294
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 HXGCF Dividend Payment Schedule
HXGCF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
📊 HXGCF vs S&P 500 Average Benchmarks
How HXGCF compares to typical S&P 500 Average averages. (Sector "Consumer Cyclical" not matched — using S&P 500 average)
Benchmark: S&P 500 Average
Dividend Yield▲+247.00% vs sectorBetter
HXGCF
250.00%
avg
3.00%
5Y Dividend CAGR▼-5.50% vs sectorBelow avg
HXGCF
0.00%
avg
5.50%
Payout Ratio▲-8.00% vs sectorBetter
HXGCF
50.00%
avg
58.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for HXGCF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ HXGCF Insider Activity
No recent SEC filings reported in the last 90 days.
📅
Next Earnings Report: 2026-05-13(in 42 days)EPS estimate: $-0.05
🔬
Financial Health Scores
Altman Z-Score
0.77
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
3/9
🔴 Weak fundamentals — dividend safety concern
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 HXGCF 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 →