Houlihan Lokey, Inc. dividend history

Houlihan Lokey, Inc. paid $174m in dividends in fiscal 2026. That was 40.9% of net income.

Dividends, buybacks and capital spending

FY2027 Q2 TTM

Buybacks (TTM): $237M
Dividends (TTM): $187M
Returned to shareholders: 106%; of free cash flow
Buybacks, last 3 fiscal years: $253M
Diluted share count: −1.6%; year over year
Total shareholder yield: 4.3%; dividends 1.9% + buybacks 2.4% of market value
Dividend payout ratio: 46%; of net income paid out

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Houlihan Lokey, Inc.: dividends by fiscal year, annual
Fiscal year	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026	LTMSept 2026
Dividends paid	55	52	67	81	92	115	140	148	165	174	187
Share buybacks	0	18	70	30	102	305	49	25	53	175	237
Dividends ÷ net income	51.0%	30.2%	42.1%	43.9%	29.4%	26.2%	55.2%	53.0%	41.3%	40.9%	46.4%
Dividends ÷ free cash flow	23.3%	21.4%	30.8%	30.2%	16.3%	15.8%	164.1%	56.7%	20.4%	25.5%	46.5%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

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Figures from Houlihan Lokey, Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Houlihan Lokey, Inc.