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Hi-Tech Pipes (NSE:HITECH) Dividends per Share : ₹0.03 (TTM As of Jun. 2024)


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What is Hi-Tech Pipes Dividends per Share?

Hi-Tech Pipes's dividends per share for the three months ended in Jun. 2024 was ₹0.00. Its dividends per share for the trailing twelve months (TTM) ended in Jun. 2024 was ₹0.03. Its Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.00. As of today, Hi-Tech Pipes's Dividend Yield % is 0.01%.

Warning Sign:

Hi-Tech Pipes Ltd stock dividend yield is close to 10-year low.

During the past 12 months, Hi-Tech Pipes's average Dividends Per Share Growth Rate was -50.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Hi-Tech Pipes was 26.00% per year. The lowest was -20.60% per year. And the median was 2.70% per year.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Hi-Tech Pipes Dividends per Share Historical Data

The historical data trend for Hi-Tech Pipes's Dividends per Share can be seen below:

* 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.

* Premium members only.

Hi-Tech Pipes Dividends per Share Chart

Hi-Tech Pipes Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 - 0.05 0.03

Hi-Tech Pipes Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.03 - - -

Competitive Comparison of Hi-Tech Pipes's Dividends per Share

For the Steel subindustry, Hi-Tech Pipes's Dividend Yield %, along with its competitors' market caps and 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.


Hi-Tech Pipes's Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hi-Tech Pipes's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hi-Tech Pipes's Dividend Yield % falls into.



Hi-Tech Pipes Dividends per Share Calculation

Dividends paid to per common share.


Hi-Tech Pipes  (NSE:HITECH) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Hi-Tech Pipes's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0/ 1.03
=0.00

During the past 10 years, the highest Dividend Payout Ratio of Hi-Tech Pipes was 0.05. The lowest was 0.01. And the median was 0.01.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Hi-Tech Pipes Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.0250002024-09-132024-09-142024-09-21Cash DividendannuallyINR:INR 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.


Hi-Tech Pipes's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.025/205.24
=0.01 %

Current Share Price is ₹205.24.
Hi-Tech Pipes's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.025.

During the past 10 years, the highest Dividend Yield of Hi-Tech Pipes was 4.85%. The lowest was 0.01%. And the median was 0.09%.

Warning Sign:

Hi-Tech Pipes Ltd stock dividend yield is close to 10-year low.

* 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.


Hi-Tech Pipes Dividends per Share Related Terms

Thank you for viewing the detailed overview of Hi-Tech Pipes's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Hi-Tech Pipes Business Description

Traded in Other Exchanges
Address
505, Pearls Omaxe Tower, Netaji Subhash Place, Pitampura, New Delhi, IND, 110034
Hi-Tech Pipes Ltd is engaged in the manufacturing and marketing of a wide range of steel tubes. Its products are used in different industries like Infrastructure including telecom, defense, power distribution, railways, airports, Construction, Agriculture, and others. The company's product includes Black Steel Tubes; Rectangular and Hollow sections; Galvanised Steel Tubes; Metal Beam Highway Crash Barrier; Cold Rolling Coils and Cold Formed Sections.

Hi-Tech Pipes Headlines

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