Reminder - Houlihan Lokey (HLI) Goes Ex-Dividend Soon - Houlihan Lokey (NYSE:HLI)

On 8/31/16, Houlihan Lokey Inc (HLI) will trade ex-dividend, for its quarterly dividend of $0.17, payable on 9/15/16. As a percentage of HLI's recent stock price of $24.27, this dividend works out to approximately 0.70%, so look for shares of Houlihan Lokey Inc to trade 0.70% lower — all else being equal — when HLI shares open for trading on 8/31/16.

Below is a dividend history chart for HLI, showing historical dividends prior to the most recent $0.17 declared by Houlihan Lokey Inc:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HLI is likely to continue, and whether the current estimated yield of 2.80% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HLI shares, versus its 200 day moving average:

Looking at the chart above, HLI's low point in its 52 week range is $20.70 per share, with $26.75 as the 52 week high point — that compares with a last trade of $24.30.

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In Monday trading, Houlihan Lokey Inc shares are currently off about 1% on the day.

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