HiTech Group Australia Dividend
Dividend criteria checks 4/6
HiTech Group Australia is a dividend paying company with a current yield of 5% that is well covered by earnings.
Key information
5.0%
Dividend yield
72%
Payout ratio
| Industry average yield | 3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.14 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend 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's dividend payments have been volatile in the past 10 years.
Growing Dividend: HIT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| HiTech Group Australia Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HIT) | 5.0% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Professional Services) | 3.7% |
| Analyst forecast in 3 Years (HIT) | n/a |
Notable Dividend: HIT's dividend (5%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: HIT's dividend (5%) is low compared to the top 25% of dividend payers in the Australian market (6.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.2%), HIT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.5%), HIT's dividend payments are covered by cash flows.