HITECH
Hi-Tech Pipes Ltd
₹130.15
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 ₹1,889.59Cr. Its share price is ₹130.15 as on 19 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Hi-Tech Pipes Ltd gave ₹0.03 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 2023, Hi-Tech Pipes Ltd has declared dividend of ₹0.03 - translating a dividend yield of 0.02%.
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 ₹630.54Cr in the quarter ending December 2023. The revenue grew by 10.66% year on year basis since last quarter.
- Hi-Tech Pipes Ltd’s profits were ₹14.33Cr in the quarter ending December 2023. The profits grew by 10.06% year on year basis since last quarter.
- Hi-Tech Pipes Ltd’s dividend was ₹0.03 in the quarter ending March 2023.
Hi-Tech Pipes Ltd Dividend related ratios:
- Last dividend date: 27/05/2023
- Current Dividend Yield: 0.02%
- Annual dividend payment: ₹0.03
History of Hi-Tech Pipes Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
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 |
05/07/2018 | CASH | ₹0.25 | 22/05/2018 | 07/07/2018 |
