HiTech Group Australia (ASX:HIT) Dividend Payout Ratio : 0.62 (As of Dec. 2024)

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What is HiTech Group Australia Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. HiTech Group Australia's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.62.

The historical rank and industry rank for HiTech Group Australia's Dividend Payout Ratio or its related term are showing as below:

ASX:HIT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.63 Med: 0.88 Max: 1.05
Current: 0.63

During the past 13 years, the highest Dividend Payout Ratio of HiTech Group Australia was 1.05. The lowest was 0.63. And the median was 0.88.

ASX:HIT's Dividend Payout Ratio is ranked worse than
71.52% of 460 companies
in the Business Services industry
Industry Median: 0.4 vs ASX:HIT: 0.63

As of today (2025-07-03), the Dividend Yield % of HiTech Group Australia is 6.25%.

During the past 13 years, the highest Trailing Annual Dividend Yield of HiTech Group Australia was 8.42%. The lowest was 3.33%. And the median was 5.32%.

HiTech Group Australia's Dividends per Share for the months ended in Dec. 2024 was A$0.05.

During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.80% 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 4.60% per year. And the median was 9.45% per year.

The growth rate is calculated with least square regression.

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.

HiTech Group Australia Dividend Payout Ratio Historical Data

The historical data trend for HiTech Group Australia's Dividend Payout Ratio 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.

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HiTech Group Australia Dividend Payout Ratio Chart

HiTech Group Australia Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Dividend Payout Ratio

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0.91

0.86

0.94

0.85

0.70

HiTech Group Australia Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.11	0.67	0.79	0.63	0.62

Competitive Comparison of HiTech Group Australia's Dividend Payout Ratio

For the Staffing & Employment Services subindustry, HiTech Group Australia's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HiTech Group Australia's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where HiTech Group Australia's Dividend Payout Ratio falls into.

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HiTech Group Australia Dividend Payout Ratio Calculation

HiTech Group Australia's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2024 )	/	EPS without NRI (A: Jun. 2024 )
	=	0.1	/	0.143
	=	0.70

HiTech Group Australia's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	0.05	/	0.081
	=	0.62

HiTech Group Australia (ASX:HIT) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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 Dividend Payout Ratio Related Terms

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HiTech Group Australia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » HiTech Group Australia Ltd (ASX:HIT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gateway Tower, SE3701b, Level 37, 1 Macquarie Place, Sydney, NSW, AUS, 2000

Website

https://www.hitechaust.com

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.