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Hittco Tools (BOM:531661) Dividend Payout Ratio : 0.00 (As of Sep. 2024)


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What is Hittco Tools 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. Hittco Tools's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

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


BOM:531661's Dividend Payout Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 0.36
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-12-12), the Dividend Yield % of Hittco Tools is 0.00%.

Hittco Tools's Dividends per Share for the months ended in Sep. 2024 was ₹0.00.

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.


Hittco Tools Dividend Payout Ratio Historical Data

The historical data trend for Hittco Tools'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.

* Premium members only.

Hittco Tools Dividend Payout Ratio Chart

Hittco Tools Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
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Hittco Tools Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Hittco Tools's Dividend Payout Ratio

For the Tools & Accessories subindustry, Hittco Tools'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.


Hittco Tools's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hittco Tools's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hittco Tools's Dividend Payout Ratio falls into.



Hittco Tools Dividend Payout Ratio Calculation

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.

Hittco Tools's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2024 )/ EPS without NRI (A: Mar. 2024 )
=0/ 0.34
=0.00

Hittco Tools's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0/ -0.48
=N/A

* 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.


Hittco Tools (BOM:531661) 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.


Hittco Tools Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Hittco Tools's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hittco Tools Business Description

Traded in Other Exchanges
N/A
Address
78/B, III Phase, Peenya Industrial Area, Bangalore, KA, IND, 560 058
Hittco Tools Ltd is engaged in the manufacturing and selling of cutting tools. The products include HSS drills and taps, solid carbide tools, and CNC tool holders. Hittco precision drills and taps are available in various grades of High-Speed Steel like M-2 / M-35 / M-42. Along with India, the company is selling its products to Africa, the Middle East, and the Far East. It is engaged in one segment of the manufacture and sale of Machine tools.

Hittco Tools Headlines

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