HiTech Group Australia Dividends and Buybacks
Dividend criteria checks 3/6
HiTech Group Australia is a dividend paying company with a current yield of 5.19% that is well covered by earnings.
Key information
5.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.6% |
| 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
Stability 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) | 5.2% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Professional Services) | 3.2% |
| Analyst forecast (HIT) (up to 3 years) | n/a |
Notable Dividend: HIT's dividend (5.19%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: HIT's dividend (5.19%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
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.