Hitech Dividend
Dividend criteria checks 3/6
Hitech is a dividend paying company with a current yield of 0.43% that is well covered by earnings.
Key information
0.4%
Dividend yield
6%
Payout ratio
| Industry average yield | 0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹14.08 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Cautious Investors Not Rewarding Hitech Corporation Limited's (NSE:HITECHCORP) Performance Completely
Apr 23
Is Hitech (NSE:HITECHCORP) Using Too Much Debt?
Feb 15Hitech (NSE:HITECHCORP) Is Investing Its Capital With Increasing Efficiency
Dec 24Hitech (NSE:HITECHCORP) Has Affirmed Its Dividend Of ₹1.00
Jun 24Is Hitech (NSE:HITECHCORP) Using Too Much Debt?
Jun 10With EPS Growth And More, Hitech (NSE:HITECHCORP) Is Interesting
Feb 23We Think Hitech (NSE:HITECHCORP) Can Stay On Top Of Its Debt
Dec 28Investors Shouldn't Overlook Hitech's (NSE:HITECHCORP) Impressive Returns On Capital
Dec 07Calculating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)
Sep 13Hitech (NSE:HITECHCORP) Seems To Use Debt Quite Sensibly
Aug 23We Think You Should Be Aware Of Some Concerning Factors In Hitech's (NSE:HITECHCORP) Earnings
May 30Estimating The Fair Value Of Hitech Corporation Limited (NSE:HITECHCORP)
May 05Is Hitech (NSE:HITECHCORP) Likely To Turn Things Around?
Mar 11Hitech Corporation Limited's (NSE:HITECHCORP) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Feb 12Is Hitech (NSE:HITECHCORP) A Risky Investment?
Jan 17How Much is Hitech's (NSE:HITECHCORP) CEO Getting Paid?
Sep 14Does Hitech (NSE:HITECHCORP) Have A Healthy Balance Sheet?
Aug 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HITECHCORP's dividend payments have been volatile in the past 10 years.
Growing Dividend: HITECHCORP's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Hitech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HITECHCORP) | 0.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Packaging) | 0.9% |
| Analyst forecast in 3 Years (HITECHCORP) | n/a |
Notable Dividend: HITECHCORP's dividend (0.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: HITECHCORP's dividend (0.43%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.1%), HITECHCORP's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.5%), HITECHCORP's dividend payments are thoroughly covered by cash flows.