HiTech Group Australia Dividends and Buybacks
Dividend criteria checks 3/6
HiTech Group Australia is a dividend paying company with a current yield of 5.1% that is well covered by earnings.
Key information
5.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.100 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
A Look At The Intrinsic Value Of HiTech Group Australia Limited (ASX:HIT)
Sep 14
Does HiTech Group Australia (ASX:HIT) Deserve A Spot On Your Watchlist?
Aug 07Here's Why We Think HiTech Group Australia (ASX:HIT) Is Well Worth Watching
Nov 01Here's Why I Think HiTech Group Australia (ASX:HIT) Is An Interesting Stock
Jan 20Here's Why I Think HiTech Group Australia (ASX:HIT) Might Deserve Your Attention Today
Jul 28Does HiTech Group Australia (ASX:HIT) Deserve A Spot On Your Watchlist?
Apr 17Estimating The Fair Value Of HiTech Group Australia Limited (ASX:HIT)
Mar 01Our View On HiTech Group Australia's (ASX:HIT) CEO Pay
Feb 11Is HiTech Group Australia Limited's (ASX:HIT) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 21Should You Be Adding HiTech Group Australia (ASX:HIT) To Your Watchlist Today?
Dec 31HiTech Group Australia (ASX:HIT) Has Rewarded Shareholders With An Exceptional 703% Total Return On Their Investment
Dec 10Should You Rely On HiTech Group Australia's (ASX:HIT) Earnings Growth?
Jul 17
Is HiTech Group Australia Limited's (ASX:HIT) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jun 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HIT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HIT's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| HiTech Group Australia Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HIT) | 5.1% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Professional Services) | 3.1% |
| Analyst forecast (HIT) (up to 3 years) | n/a |
Notable Dividend: HIT's dividend (5.1%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: HIT's dividend (5.1%) is low compared to the top 25% of dividend payers in the Australian market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.1%), HIT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.9%), HIT's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 11:08 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HiTech Group Australia Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Fraser | APP Securities Pty Ltd. |
| Mark Yarwood | PAC Partners Securities Pty. Ltd. |