HITECH

Hi-Tech Pipes Ltd

₹161.68

Hi-Tech Pipes Ltd Dividend 2024 : Should Hi-Tech Pipes Ltd be a part of your dividend portfolio?

Hi-Tech Pipes Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹3,289.33Cr. Its share price is ₹161.68 as on 26 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Hi-Tech Pipes Ltd gave ₹0.06 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Industrials stocks do not always pay a dividend but as Hi-Tech Pipes Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Hi-Tech Pipes Ltd has declared dividend of ₹0.03 - translating a dividend yield of 0.03%.

Let's look at Hi-Tech Pipes Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Hi-Tech Pipes Ltd’s revenue were ₹706.87Cr in the quarter ending September 2024. The revenuefell by -5.34% year on year basis since last quarter.
Hi-Tech Pipes Ltd’s profits were ₹18.11Cr in the quarter ending September 2024. The profits grew by 71.98% year on year basis since last quarter.
Hi-Tech Pipes Ltd’s dividend was ₹0.03 in the quarter ending March 2024.

Hi-Tech Pipes Ltd Dividend related ratios:

Last dividend date: 11/05/2024
Current Dividend Yield: 0.03%
Annual dividend payment: ₹0.06

History of Hi-Tech Pipes Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
13/09/2024	CASH	₹0.03	11/05/2024	14/09/2024
22/09/2023	CASH	₹0.03	27/05/2023	22/09/2023
20/09/2022	CASH	₹0.50	14/05/2022	21/09/2022
17/09/2020	CASH	₹0.25	27/06/2020	19/09/2020
17/09/2019	CASH	₹0.25	25/05/2019	19/09/2019