Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
As of today (2026-07-14), the Forward Annual Dividend Yield of HiTech Group Australia is 9.78%.
As of today (2026-07-14), the Trailing Annual Dividend Yield of HiTech Group Australia is 10.33%.
ASX:HIT's Forward Dividend Yield % is ranked better than 94.92% of 591
companies
in the Business Services industry
Industry Median: 3.47
vs ASX:HIT: 9.78
During the past 5 years, the average Dividends Per Share Growth Rate was 5.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of HiTech Group Australia was 115.40% per year. The lowest was 0.00% per year. And the median was 7.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
HiTech Group Australia (ASX:HIT) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
HiTech Group Australia Forward Dividend Yield % Related Terms
ASX:HIT vs KFY, RHI, TNET: Forward Dividend Yield % Comparison
For the Staffing & Employment Services subindustry, HiTech Group Australia's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
HiTech Group Australia Forward Dividend Yield % vs Business Services Industry
For the Business Services industry and Industrials sector, HiTech Group Australia's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where HiTech Group Australia's Forward Dividend Yield % falls into.
HiTech Group Australia Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
HiTech Group Australia Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.045000
2026-03-10
2026-03-11
2026-03-25
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.050000
2025-09-03
2025-09-04
2025-09-17
Cash Dividend
semi-annually
AUD:AUD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 9.78% mean?
HiTech Group Australia (ASX:HIT) has a Forward Dividend Yield % of 9.78% as of Jul. 14, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on HiTech Group Australia and its competitors. According to the industry distribution chart, HiTech Group Australia ranks #30 out of 591 companies in the Business Services industry, placing it in the top 5.1%.
Is HiTech Group Australia's Forward Dividend Yield % too high?
HiTech Group Australia's current Forward Dividend Yield % is 9.78%. The Business Services industry median Forward Dividend Yield % is 3.47. HiTech Group Australia's value of 9.78% is 181.8% above this industry median. Based on the distribution chart, HiTech Group Australia ranks #30 out of 591 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, HiTech Group Australia has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HiTech Group Australia's Forward Dividend Yield % compare to KFY and RHI?
According to the Business Services industry distribution chart, HiTech Group Australia ranks #30 out of 591 companies for Forward Dividend Yield %. This places HiTech Group Australia in the top 5% of its industry — outperforming the majority of peers. The industry median Forward Dividend Yield % is 3.47. HiTech Group Australia's value of 9.78% is 181.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Business Services company?
The median Forward Dividend Yield % among Business Services companies is 3.47, based on 591 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HiTech Group Australia's current Forward Dividend Yield % of 9.78% is 181.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on HiTech Group Australia and its competitors. For the Business Services industry, the median Forward Dividend Yield % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HiTech Group Australia's current Forward Dividend Yield % is 9.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HiTech Group Australia stock overvalued right now?
Based on GuruFocus' analysis, HiTech Group Australia (ASX:HIT) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.89, compared to a current price of A$0.94 — trading 50.3% below its estimated fair value. The current Forward Dividend Yield % is 9.78% and 181.8% above the Business Services industry median of 3.47. HiTech Group Australia's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For HiTech Group Australia (ASX:HIT), the current Forward Dividend Yield % is 9.78% as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HiTech Group Australia (ASX:HIT) Overvalued in 2026?
Based on GuruFocus' analysis, HiTech Group Australia stock appears to be undervalued.
The current stock price of A$0.94 is trading 50.3% below its estimated GF Value™ of A$1.89.
GuruFocus considers HiTech Group Australia to be Possible Value Trap.
Key valuation signals for ASX:HIT:
Forward Dividend Yield %: 9.78%
GF Value™: A$1.89 vs. price of A$0.94 (50.3% below fair value)
Industry Position: 181.8% above the Business Services median (#30 of 591)
No single metric tells the full story. See the ASX:HIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HiTech Group Australia Ltd is engaged in recruitment services for permanent and contract staff to the ICT sector. It currently supplies permanent and contract staff from its database of over specialised ICT, Finance, and Office Support professionals. Its main business comes from IT contracting/consulting.
77GF Score
Get the complete analysis for ASX:HIT
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:HIT has been successfully added to your 
