Hitech Group Australia Dividend History ASX HIT Dividends Yield and Payout Ratio



Hitech Group Australia paid dividend of 5c per share on 19 Mar 2024. The ex-dividend date for this dividend was 04 Mar 2024. The dividend amount was paid at franking rate of 100%. Hitech Group Australia is paying dividends since or before Sep 2013.

The dividend yield of HIT is 5.10%. The dividend yield is defined as amount of dividend paid divided by the share price.

The average dividend yield in last 5 years is 5.53%. The HIT dividend payout ratio is 72.15%. The dividend payout ratio is defined as dividend amount divided by earning per share (EPS). If the dividend payout ratio is more than 100% then it means the company is paying more in dividend than what it is currently earning. For a good dividend paying company the ideal payout ratio should be less than 70%.


Key Dividend Metrics

Dividend yield
5.10%
Dividend amount
$0.10
Payout ratio
72.15%
5Y Avg. yield
5.53%

Related: Hitech Group Australia Stock and Company Fundamentals

Hitech Group Australia (ASX:HIT) Latest Dividend

Following is the latest dividend details announced to the eligible shareholders of Hitech Group Australia (ASX:HIT). The dividend was paid to those shareholders who held the shares until the ex-dividend date.

Ex. Dividend Date Monday, 04 Mar 2024
Dividend Payment Date Tuesday, 19 Mar 2024
Dividend Amount 5c
Franking Rate 100%
Dividend Type

Hitech Group Australia Dividend History

Following table shows the history of dividend amount, ex-dividend date, payment date for Hitech Group Australia.

Ex-Date Pay-Date Amount Franking rate Type
04 Mar 2024 19 Mar 2024 5c 100%
01 Sep 2023 18 Sep 2023 5c 100%
06 Mar 2023 21 Mar 2023 5c 100%
08 Dec 2022 12 Jan 2023 1.5c 100%
01 Sep 2022 16 Sep 2022 6c 100%
03 Mar 2022 18 Mar 2022 5c 100%
04 Mar 2021 19 Mar 2021 5.5c 100%
04 Mar 2020 19 Mar 2020 5.5c 100%
28 Aug 2019 12 Sep 2019 4c 100%
04 Mar 2019 19 Mar 2019 4c 100%
27 Aug 2018 12 Sep 2018 4c 100%
02 Mar 2018 19 Mar 2018 4c 100%
30 Aug 2017 14 Sep 2017 3c 100%
08 Mar 2017 23 Mar 2017 3c 100%
08 Sep 2016 23 Sep 2016 2c 100%
05 Sep 2013 25 Sep 2013 0.5c 100%

Hitech Group Australia Dividend Frequently Asked Questions

1. What is the ex-dividend date of Hitech Group Australia (HIT)?

The ex-dividend date for most recent dividend of Hitech Group Australia was 04 Mar 2024.

2. What is the payment date for most recent dividend of Hitech Group Australia (HIT)?

As per the latest dividend details, the dividend payment date was 19 Mar 2024.

3. What is the dividend yield of Hitech Group Australia (HIT)?

The trailing twelve months dividend yield of Hitech Group Australia is 5.10%.

4. How often does the Hitech Group Australia (HIT) pays Dividends?

In 2023, Hitech Group Australia paid dividends in Invalid date, Invalid date, and Invalid date making its dividend payment frequency 3 times in a year.

5. What is the dividend payout ratio of Hitech Group Australia (HIT)?

The latest dividend payout ratio of Hitech Group Australia (HIT) was 72.15%.

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