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HITECHGEAR

The Hi-Tech Gears Ltd

₹1,028.80

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 ₹1,958.10Cr. Its share price is ₹1,028.80 as on 29 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, The Hi-Tech Gears Ltd gave ₹4 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 2023, The Hi-Tech Gears Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.39%.

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 ₹275.08Cr in the quarter ending December 2023. The revenuefell by -1.53% year on year basis since last quarter.
  • The Hi-Tech Gears Ltd’s profits were ₹14.91Cr in the quarter ending December 2023. The profits grew by 480.16% year on year basis since last quarter.
  • The Hi-Tech Gears Ltd’s dividend was ₹2.50 in the quarter ending March 2023.

The Hi-Tech Gears Ltd Dividend related ratios:

  • Last dividend date: 29/05/2023
  • Current Dividend Yield: 0.39%
  • Annual dividend payment: ₹4

The Hi-Tech Gears Ltd Dividend v/s The Hi-Tech Gears Ltd Share price

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

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
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
19/09/2019
CASH
₹2
27/05/2019
21/09/2019
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FAQs

The Hi-Tech Gears Ltd current market price is ₹1,028.80 per share

The Hi-Tech Gears Ltd has declared dividend worth ₹2.50 in the latest quarter.

The Hi-Tech Gears Ltd has declared dividend on 29/05/2023 of ₹2.50.

The Hi-Tech Gears Ltd has declared dividend 1 times of ₹2.50 in the previous financial year (FY2023-2024)