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Dividend of The Hi-tech Gears Ltd

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The Hi-Tech Gears Ltd

NSE: HITECHGEAR

Dividend Payout (Final)

₹ 5

Ex-Dividend Date: Sep 19, 2024

Key Highlights

  • The dividend payouts of The Hi-Tech Gears Ltd changed from ₹ 5 to ₹ 2 over 6 quarters. This represents a CAGR of -45.71% .
  • The Latest Trading Price of The Hi-Tech Gears Ltd is ₹ 870 as of 12 Dec 15:30 .

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Monitoring The Hi-Tech Gears Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of The Hi-Tech Gears Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-245
2022-233
2021-222
2020-212
2019-202

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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The Hi-Tech Gears Ltd

NSE: HITECHGEAR

Share Price

₹ 870

3.00 (0.35%)

stock direction

Last updated on: Dec 12, 2024

Company Fundamentals for The Hi-Tech Gears Ltd

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of The Hi-Tech Gears Ltd

Strength

4

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for The Hi-Tech Gears Ltd

Historical Market Cap of The Hi-Tech Gears Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of The Hi-Tech Gears Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

The Hi-Tech Gears Ltd News Hub

The Hi-Tech Gears to conduct AGM

The Hi-Tech Gears announced that the 38th Annual General Meeting (AGM) of the company will be held o

Read more

2024-08-12 00:00:00

The Hi-Tech Gears consolidated net profit rises 53.12% in the June 2024 quarter

Net profit of The Hi-Tech Gears rose 53.12% to Rs 14.24 crore in the quarter ended June 2024 as agai

Read more

2024-08-07 00:00:00

The Hi-Tech Gears to convene board meeting

The Hi-Tech Gears will hold a meeting of the Board of Directors of the Company on 8 November 2024 Po

Read more

2024-10-30 00:00:00

The Hi-Tech Gears consolidated net profit declines 86.79% in the September 2024 quarter

Net profit of The Hi-Tech Gears declined 86.79% to Rs 9.54 crore in the quarter ended September 2024

Read more

2024-11-09 00:00:00

About The Hi-Tech Gears Ltd

  • Incorporated in 1986, Hi-Tech Gears Limited (HTGL) manufactures automotive gears and shafts at Bhiwadi, Rajasthan, mainly for Hero Honda Motors (HHML).
  • The Company is an auto component manufacturer (a Tier 1 supplier).
  • Over a period of time, it acquired additional equipments to cater to the requirement of gears and shafts for HHML and other original equipment manufacturers.
  • The Company is engaged in the business of gears and transmission components. HTGL has tied up with Kyushu Musashi, a subsidiary of Honda Motors, Japan, to manufacture closed-die forgings in India.
  • This particular product is a raw material for transmission gears and shafts.

FAQs for Dividends of The Hi-Tech Gears Ltd

What is the current market price of The Hi-Tech Gears Ltd as of December 13, 2024?

The current market price of The Hi-Tech Gears Ltd stands at 870.0 per share.

What dividend did The Hi-Tech Gears Ltd declare in the last fiscal year?

In the last fiscal year, The Hi-Tech Gears Ltd declared a dividend totaling ₹2.5.

What is the most recent dividend declared by The Hi-Tech Gears Ltd?

The Hi-Tech Gears Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has The Hi-Tech Gears Ltd declared dividends in the current fiscal year?

The Hi-Tech Gears Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did The Hi-Tech Gears Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), The Hi-Tech Gears Ltd declared dividends 4 times totaling ₹2.5.

What is Dividend Yield of The Hi-Tech Gears Ltd?

The The Hi-Tech Gears Ltd's Dividend Yield is 0.6 as of December 13, 2024

Will I get The Hi-Tech Gears Ltd dividend if I have shares?

If you purchase The Hi-Tech Gears Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my The Hi-Tech Gears Ltd dividend if I sell my shares?

Shareholders who sell their The Hi-Tech Gears Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a The Hi-Tech Gears Ltd dividend?

To be eligible for the The Hi-Tech Gears Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is The Hi-Tech Gears Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the The Hi-Tech Gears Ltd dividend amount will be automatically credited to your bank account.

Will I get The Hi-Tech Gears Ltd dividend if I have shares?

If you purchase The Hi-Tech Gears Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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