HITECHGEAR

The Hi-Tech Gears Ltd

₹653.35

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

The Hi-Tech Gears Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,168.47Cr. Its share price is ₹653.35 as on 20 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, The Hi-Tech Gears Ltd gave ₹7.50 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Consumer Cyclical stocks do not always pay a dividend but as The Hi-Tech Gears Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, The Hi-Tech Gears Ltd has declared dividend of ₹5 - translating a dividend yield of 1.15%.

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

The Hi-Tech Gears Ltd’s revenue were ₹208.16Cr in the quarter ending December 2024. The revenuefell by -24.33% year on year basis since last quarter.
The Hi-Tech Gears Ltd’s profits were ₹6.87Cr in the quarter ending December 2024. The profits fell by -53.92% year on year basis since last quarter.
The Hi-Tech Gears Ltd’s dividend was ₹5 in the quarter ending March 2024.

The Hi-Tech Gears Ltd Dividend related ratios:

Last dividend date: 29/05/2024
Current Dividend Yield: 1.15%
Annual dividend payment: ₹7.50

History of The Hi-Tech Gears Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
19/09/2024	CASH	₹5	29/05/2024	20/09/2024
21/09/2023	CASH	₹2.50	29/05/2023	22/09/2023
21/09/2022	CASH	₹1.50	30/05/2022	23/09/2022
21/09/2021	CASH	₹2	29/01/2021	23/09/2021
18/02/2020	CASH	₹1.50	07/02/2020	22/02/2020