Diamond Payout Ratio vs Dividend Yield Analysis

DHIL Stock  USD 154.17  1.15  0.75%   
Diamond Hill financial indicator trend analysis is much more than just examining Diamond Hill Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamond Hill Investment is a good investment. Please check the relationship between Diamond Hill Payout Ratio and its Dividend Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Payout Ratio vs Dividend Yield

Payout Ratio vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamond Hill Investment Payout Ratio account and Dividend Yield. At this time, the significance of the direction appears to have strong relationship.
The correlation between Diamond Hill's Payout Ratio and Dividend Yield is 0.77. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Diamond Hill Investment, assuming nothing else is changed. The correlation between historical values of Diamond Hill's Payout Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Diamond Hill Investment are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Payout Ratio i.e., Diamond Hill's Payout Ratio and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Payout Ratio

Payout Ratio is the proportion of Diamond Hill Investment earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Diamond Hill Investment dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Diamond Hill Investment is paying out more in dividends than it makes in net income.

Dividend Yield

Dividend Yield is Diamond Hill Investment dividend as a percentage of Diamond Hill stock price. Diamond Hill Investment dividend yield is a measure of Diamond Hill stock productivity, which can be interpreted as interest rate earned on an Diamond Hill investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Diamond Hill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamond Hill Investment current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Diamond Hill's Tax Provision is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 8.87 this year, although the value of Selling General Administrative will most likely fall to about 12.7 M.
 2021 2022 2023 2024 (projected)
Operating Income58.6M64.3M51.1M26.2M
Other Operating Expenses105.9M90.2M85.5M89.8M

Diamond Hill fundamental ratios Correlations

0.80.90.930.8-0.910.870.110.880.820.640.760.570.50.8-0.550.930.680.59-0.38-0.21-0.220.62-0.210.060.85
0.80.950.850.72-0.770.610.340.750.470.720.840.690.70.76-0.310.680.580.74-0.56-0.11-0.110.58-0.11-0.280.75
0.90.950.860.75-0.830.710.110.810.690.630.840.640.660.69-0.410.850.640.6-0.56-0.14-0.140.71-0.14-0.110.78
0.930.850.860.81-0.840.890.170.80.690.650.70.460.420.89-0.560.770.790.64-0.41-0.32-0.320.62-0.32-0.280.88
0.80.720.750.81-0.930.620.160.940.540.770.780.560.560.66-0.630.630.490.65-0.320.180.180.570.18-0.060.95
-0.91-0.77-0.83-0.84-0.93-0.68-0.18-0.99-0.63-0.77-0.81-0.69-0.64-0.710.56-0.79-0.44-0.710.34-0.1-0.09-0.58-0.1-0.05-0.9
0.870.610.710.890.62-0.68-0.140.630.870.370.490.140.130.74-0.670.760.880.3-0.35-0.56-0.560.62-0.56-0.060.76
0.110.340.110.170.16-0.18-0.140.17-0.330.450.350.620.490.410.350.02-0.180.670.130.170.16-0.310.16-0.140.11
0.880.750.810.80.94-0.990.630.170.60.770.820.690.640.68-0.550.760.40.7-0.330.170.160.590.170.070.9
0.820.470.690.690.54-0.630.87-0.330.60.190.470.130.170.45-0.630.870.760.03-0.26-0.39-0.390.66-0.380.280.64
0.640.720.630.650.77-0.770.370.450.770.190.690.720.590.74-0.360.420.240.87-0.30.240.240.320.24-0.110.7
0.760.840.840.70.78-0.810.490.350.820.470.690.780.870.6-0.340.690.410.67-0.270.070.050.670.05-0.010.8
0.570.690.640.460.56-0.690.140.620.690.130.720.780.880.47-0.030.55-0.060.81-0.250.260.250.210.260.10.49
0.50.70.660.420.56-0.640.130.490.640.170.590.870.880.36-0.090.490.060.65-0.10.240.230.470.230.030.49
0.80.760.690.890.66-0.710.740.410.680.450.740.60.470.36-0.40.580.60.77-0.33-0.26-0.260.41-0.26-0.250.73
-0.55-0.31-0.41-0.56-0.630.56-0.670.35-0.55-0.63-0.36-0.34-0.03-0.09-0.4-0.39-0.56-0.070.170.30.3-0.650.3-0.08-0.71
0.930.680.850.770.63-0.790.760.020.760.870.420.690.550.490.58-0.390.580.39-0.29-0.2-0.210.59-0.20.220.68
0.680.580.640.790.49-0.440.88-0.180.40.760.240.41-0.060.060.6-0.560.580.12-0.27-0.59-0.590.64-0.59-0.30.63
0.590.740.60.640.65-0.710.30.670.70.030.870.670.810.650.77-0.070.390.12-0.320.190.180.170.18-0.280.59
-0.38-0.56-0.56-0.41-0.320.34-0.350.13-0.33-0.26-0.3-0.27-0.25-0.1-0.330.17-0.29-0.27-0.320.10.11-0.160.110.11-0.35
-0.21-0.11-0.14-0.320.18-0.1-0.560.170.17-0.390.240.070.260.24-0.260.3-0.2-0.590.190.11.0-0.221.00.2-0.07
-0.22-0.11-0.14-0.320.18-0.09-0.560.160.16-0.390.240.050.250.23-0.260.3-0.21-0.590.180.111.0-0.231.00.2-0.09
0.620.580.710.620.57-0.580.62-0.310.590.660.320.670.210.470.41-0.650.590.640.17-0.16-0.22-0.23-0.23-0.10.66
-0.21-0.11-0.14-0.320.18-0.1-0.560.160.17-0.380.240.050.260.23-0.260.3-0.2-0.590.180.111.01.0-0.230.2-0.08
0.06-0.28-0.11-0.28-0.06-0.05-0.06-0.140.070.28-0.11-0.010.10.03-0.25-0.080.22-0.3-0.280.110.20.2-0.10.2-0.12
0.850.750.780.880.95-0.90.760.110.90.640.70.80.490.490.73-0.710.680.630.59-0.35-0.07-0.090.66-0.08-0.12
Click cells to compare fundamentals

Diamond Hill Account Relationship Matchups

Diamond Hill fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets272.7M263.1M286.2M249.8M232.1M243.7M
Other Current Liab26.6M28.4M38.0M32.1M28.9M27.4M
Total Current Liabilities35.3M36.4M46.6M41.3M35.7M33.9M
Total Stockholder Equity130.2M184.1M184.4M163.7M160.3M168.3M
Property Plant And Equipment Net5.7M6.7M6.1M4.3M2.6M2.0M
Net Debt(90.1M)(96.0M)(78.6M)(61.8M)(46.2M)(43.9M)
Retained Earnings117.3M118.0M119.3M129.0M153.5M161.2M
Accounts Payable8.7M8.0M8.6M9.2M10.6M9.7M
Cash93.2M98.5M80.6M63.2M47.0M31.4M
Non Current Assets Total155.6M143.6M182.6M164.4M161.9M170.0M
Cash And Short Term Investments187.2M98.5M191.8M63.2M47.0M54.8M
Net Receivables21.1M18.1M20.4M18.8M19.7M10.4M
Common Stock Total Equity95.9M80.8M80.4M51.7M59.4M56.8M
Common Stock Shares Outstanding3.4M3.2M3.2M3.1M2.9M2.8M
Liabilities And Stockholders Equity210.0M263.1M286.2M249.8M232.1M243.7M
Non Current Liabilities Total30.3M33.2M37.3M30.7M36.1M34.3M
Other Current Assets(114.2M)(116.5M)(101.0M)3.4M(66.7M)(63.3M)
Total Liab65.6M69.6M84.0M72.0M71.8M68.2M
Property Plant And Equipment Gross5.7M6.7M13.6M13.2M12.8M13.4M
Total Current Assets117.1M119.5M103.5M85.4M70.2M66.7M
Common Stock95.9M80.8M80.4M51.7M22.2M21.1M
Non Currrent Assets Other2.9M3.0M2.6M3.4M(2.4B)(2.5B)
Other Stockholder Equity(83.0M)(14.7M)(15.3M)(17.0M)(15.4B)(14.6B)
Other Liab30.3M33.2M37.3M30.7M35.4M21.7M
Other Assets10.4M140.1M286.2M3.4M(67.4B)(64.0B)
Property Plant Equipment5.7M6.7M6.1M4.3M5.0M2.7M
Accumulated Other Comprehensive Income(6.4M)(14.7M)(15.3M)(17.0M)(15.4M)(14.6M)
Net Tangible Assets207.0M193.5M202.2M177.8M204.5M151.1M
Retained Earnings Total Equity117.3M118.0M119.3M129.0M148.3M155.8M
Deferred Long Term Liab30.3M33.2M37.3M30.7M35.4M18.0M
Long Term Investments139.4M128.4M166.7M145.7M147.7M111.6M
Warrants14.2M9.4M17.8M14.1M12.7M17.4M
Net Invested Capital192.9M184.1M184.4M163.7M160.3M143.2M
Net Working Capital81.8M83.1M56.9M44.1M34.5M48.8M
Capital Stock95.9M80.8M80.4M51.7M22.2M21.1M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diamond Hill in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diamond Hill's short interest history, or implied volatility extrapolated from Diamond Hill options trading.

Pair Trading with Diamond Hill

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Diamond Hill position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Diamond Hill will appreciate offsetting losses from the drop in the long position's value.

Moving against Diamond Stock

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The ability to find closely correlated positions to Diamond Hill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamond Hill when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Diamond Hill - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Diamond Hill Investment to buy it.
The correlation of Diamond Hill is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Diamond Hill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamond Hill Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Diamond Hill can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Diamond Hill Investment is a strong investment it is important to analyze Diamond Hill's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamond Hill's future performance. For an informed investment choice regarding Diamond Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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Is Diamond Hill's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamond Hill. If investors know Diamond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamond Hill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
6
Earnings Share
14.32
Revenue Per Share
46.366
Quarterly Revenue Growth
(0.03)
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.