HeadHunter Board Recommends 200 RUB Dividend for H1 2026
According to the recruitment service's financial reporting under IFRS, net profit increased by 4.25% to 4.4 billion rubles, revenue remained at 10.1 billion rubles, and adjusted EBITDA decreased by 1.82% to 5.2 billion rubles.
Consensus
- The board of directors of HeadHunter (MKPAO 'Headhunter') recommended dividends for the first half of 2026.
- The recommended dividend amount is 200 rubles per share.
- The funds for the dividend will come from retained earnings of previous periods.
- HeadHunter's adjusted EBITDA margin was 51.6% in the first half of 2026.
- The company's revenue remained stable at 10.1 billion rubles in the first half of 2026.
- The company's adjusted EBITDA decreased by 1.82% year-on-year in the first half of 2026.
- HeadHunter's net profit increased by 4.25% year-on-year to 4.4 billion rubles in the first half of 2106.
- The company plans to maintain adjusted EBITDA profitability above 50% in 2026.
- The company aims for revenue growth of 8% in 2026.
- The dividend policy allows for payouts between 60% and 100% of adjusted net profit under certain financial conditions.
- The board may consider cash position, free cash flow, and market conditions when recommending dividends.
Points of divergence
- Analysts from VTB My Investments stated that the approved share buyback program is a direct signal that management considers the company fundamentally undervalued. — vedomosti
- The current dividend yield is approximately 7%. — kommersant
- For the second half of 2025, HeadHunter paid dividends of 233 rubles per share, totaling 116% of adjusted net profit attributable to shareholders for the full year. — kommersant
Coverage (2 sources)
- HeadHunter Board of Directors recommended dividends for the first half of the year — Ведомости
- The Board of Directors of 'Headhunter' recommended paying dividends for the first half of the year — Коммерсантъ