HITECHGEAR
The Hi-Tech Gears Ltd
₹754.65
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 ₹1,390.34Cr. Its share price is ₹754.65 as on 22 November,2024.
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 0.99%.
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 ₹248.30Cr in the quarter ending September 2024. The revenuefell by -31.43% year on year basis since last quarter.
- The Hi-Tech Gears Ltd’s profits were ₹9.54Cr in the quarter ending September 2024. The profits fell by -86.79% 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: 0.99%
- 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 |
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