Hitech Group Australia Stock

Hitech Group Australia Dividend 2024

Hitech Group Australia Dividend

0.14 AUD

Hitech Group Australia Dividend yield

7.33 %

Ticker

HIT.AX

ISIN

AU000000HIT1

WKN

A0ESLA

How much dividend does Hitech Group Australia 2024 pay?

According to the latest status from September 2024, Hitech Group Australia paid a total of 0.14 AUD per share in dividends within the last 12 months. With the current Hitech Group Australia price of 1.95 AUD, this corresponds to a dividend yield of 7.33 %. A dividend is paid times per year.

7.33 % Dividend Yield=
0.14 AUD Dividend
1.95 AUD Stock Price

Historical Hitech Group Australia Dividends

A dividend is paid times per year. Last year, the payout months were January, April and October.

PaydateDividend
9/30/20240.07
4/4/20240.07
10/1/20230.07
4/6/20230.07
1/8/20230.02
10/1/20220.09
4/3/20220.07
10/1/20210.07
4/4/20210.02
9/28/20200.05
4/4/20200.02
9/28/20190.06
4/4/20190.06
9/27/20180.06
4/2/20180.06
9/30/20170.04
4/8/20170.04
10/8/20160.03
10/5/20130.01
10/30/20020.02
1
2

Hitech Group Australia dividend history and estimates

In 2023, Hitech Group Australia paid a dividend amounting to 0.14 AUD. Dividend means that Hitech Group Australia distributes a portion of its profits to its owners.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Hitech Group Australia provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Hitech Group Australia’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Hitech Group Australia's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Hitech Group Australia Dividend History

DateHitech Group Australia Dividend
20240.14 AUD
20230.14 AUD
20220.17 AUD
20210.09 AUD
20200.07 AUD
20190.11 AUD
20180.11 AUD
20170.09 AUD
20160.03 AUD
20130.01 AUD

Is the Hitech Group Australia Dividend Safe?

Hitech Group Australia has been increasing the dividend for 3 years.

Over the past 10 years, Hitech Group Australia has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 5.3%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Hitech Group Australia dividend payout ratio

In 2023, Hitech Group Australia had a payout ratio of 113.5%. The payout ratio indicates the percentage of the company's profits that Hitech Group Australia distributes as dividends.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Hitech Group Australia represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Hitech Group Australia could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Hitech Group Australia's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Hitech Group Australia Payout Ratio History

DateHitech Group Australia Payout ratio
2024122.92 %
2023113.5 %
2022162.03 %
202193.23 %
202085.25 %
2019144.87 %
2018160.65 %
2017130.86 %
201640.78 %
2015113.5 %
2014113.5 %
201371.43 %
2012113.5 %
2011113.5 %
2010113.5 %
2009113.5 %
2008113.5 %
2007113.5 %
2006113.5 %
2005113.5 %

Dividend Details

Understanding Hitech Group Australia's Dividend Distributions

Hitech Group Australia’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Hitech Group Australia's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Hitech Group Australia's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Hitech Group Australia’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Hitech Group Australia Aktienanalyse

What does Hitech Group Australia do?

Hitech Group Australia Ltd is a company based in Sydney, Australia. It was founded in 1991 and has since become a leading provider of electrical products and services. The business model of Hitech Group Australia Ltd is based on developing and manufacturing products that help customers improve their energy efficiency and save money. The company is divided into several business divisions. One of the main areas of focus for Hitech Group Australia Ltd is the production of energy efficiency products. This includes LED lighting systems, photovoltaic systems, and energy storage. These products are used by both businesses and consumers to reduce their energy consumption and costs. Another important business division for Hitech Group Australia Ltd is electrical installation. The company offers a wide range of electrical services, including the installation of lighting systems, security systems, and networks. Hitech Group Australia Ltd prides itself on providing its customers with a high level of technical expertise and a first-class service team. Hitech Group Australia Ltd also has a division for renewable energy. The company offers consulting services to businesses and consumers to facilitate the transition to clean energy. It also assists in the development and implementation of renewable energy projects, such as wind farms, solar installations, and biomass power plants. Hitech Group Australia Ltd has also specialized in manufacturing products for use in data centers. The company offers a wide range of products, including air conditioning, UPS systems, and power supplies. These products are used to ensure that data centers can operate around the clock and that no data loss occurs due to power outages or other issues. In recent years, Hitech Group Australia Ltd has also expanded in the field of electromobility. The company offers a wide range of electric chargers for all types of electric vehicles. It has also partnered with electric vehicle manufacturers to ensure seamless integration of charging stations with their vehicles. Over the years, the company has received numerous awards for its products and services. It is recognized by the Australian government for its outstanding contributions to energy efficiency. It has also been recognized by industry media for its innovative products and services. Hitech Group Australia Ltd has gained a reputation for its commitment to quality, innovation, and customer satisfaction. The company has become a leading provider of electrical products and services and aims to provide its customers with top-quality products and support. Answer: Hitech Group Australia Ltd is a leading provider of electrical products and services, specializing in energy efficiency, electrical installation, renewable energy, data center solutions, and electromobility. The company has received recognition from the Australian government and industry media for its outstanding contributions and innovative products. Hitech Group Australia Ltd is committed to providing high-quality products and customer support. Hitech Group Australia is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Hitech Group Australia stock

How much dividend does Hitech Group Australia pay?

Over the past 12 months, Hitech Group Australia paid a dividend of 0.14 AUD . This corresponds to a dividend yield of about 7.33 %. For the coming 12 months, Hitech Group Australia is expected to pay a dividend of 0.14 AUD.

What is the dividend yield of Hitech Group Australia?

The current dividend yield of Hitech Group Australia is 7.33 %.

When does Hitech Group Australia pay dividends?

Hitech Group Australia pays a quarterly dividend. This is distributed in the months of April, October, April, September.

How secure is the dividend of Hitech Group Australia?

Hitech Group Australia paid dividends every year for the past 9 years.

What is the dividend of Hitech Group Australia?

For the upcoming 12 months, dividends amounting to 0.14 AUD are expected. This corresponds to a dividend yield of 7.33 %.

In which sector is Hitech Group Australia located?

Hitech Group Australia is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hitech Group Australia kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hitech Group Australia from 9/12/2024 amounting to 0.071 AUD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

When did Hitech Group Australia pay the last dividend?

The last dividend was paid out on 9/12/2024.

What was the dividend of Hitech Group Australia in the year 2023?

In the year 2023, Hitech Group Australia distributed 0.143 AUD as dividends.

In which currency does Hitech Group Australia pay out the dividend?

The dividends of Hitech Group Australia are distributed in AUD.

Andere Kennzahlen von Hitech Group Australia

Our stock analysis for Hitech Group Australia Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hitech Group Australia Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.