The Hi-Tech Gears (NSE:HITECHGEAR) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is The Hi-Tech Gears Dividend Payout Ratio?

The Hi-Tech Gears's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for The Hi-Tech Gears's Dividend Payout Ratio or its related term are showing as below:

NSE:HITECHGEAR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.24 Max: 0.73
Current: 0.1

During the past 13 years, the highest Dividend Payout Ratio of The Hi-Tech Gears was 0.73. The lowest was 0.09. And the median was 0.24.

NSE:HITECHGEAR's Dividend Payout Ratio is ranked better than
87.82% of 747 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs NSE:HITECHGEAR: 0.10

As of today (2024-06-22), the Dividend Yield % of The Hi-Tech Gears is 0.26%.

During the past 13 years, the highest Trailing Annual Dividend Yield of The Hi-Tech Gears was 5.90%. The lowest was 0.21%. And the median was 0.94%.

The Hi-Tech Gears's Dividends per Share for the months ended in Mar. 2024 was ₹0.00.

During the past 12 months, The Hi-Tech Gears's average Dividends Per Share Growth Rate was 66.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Hi-Tech Gears was 95.70% per year. The lowest was -27.90% per year. And the median was 3.20% per year.

The growth rate is calculated with least square regression.

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

The Hi-Tech Gears Dividend Payout Ratio Historical Data

The historical data trend for The Hi-Tech Gears'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.

The Hi-Tech Gears Dividend Payout Ratio Chart

The Hi-Tech Gears Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.73

0.12

0.09

The Hi-Tech Gears Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.73	-	-

Competitive Comparison of The Hi-Tech Gears's Dividend Payout Ratio

For the Auto Parts subindustry, The Hi-Tech Gears'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.

The Hi-Tech Gears's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, The Hi-Tech Gears's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where The Hi-Tech Gears's Dividend Payout Ratio falls into.

The Hi-Tech Gears Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

The Hi-Tech Gears'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 )
	=	2.5	/	26.825
	=	0.09

The Hi-Tech Gears's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	9.463
	=	0.00

The Hi-Tech Gears (NSE:HITECHGEAR) Dividend Payout Ratio Explanation

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.

The Hi-Tech Gears Dividend Payout Ratio Related Terms

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

The Hi-Tech Gears (NSE:HITECHGEAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » The Hi-Tech Gears Ltd (NSE:HITECHGEAR) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

522073:India

Address

Sushant Lok 1, Sector 27, Tower B, 14th Floor, Unitech's Millennium plaza, Gurugram, HR, IND, 122009

Website

https://www.thehitechgears.com

The Hi-Tech Gears Ltd is a manufacturer of auto components. The company is primarily engaged in the business of gears and transmission components. It provides diverse parts and accessories for motor vehicles such as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalyzer, clutches, steering wheels, steering columns and steering boxes. The company's product includes power takeoff, car transmission and driveline components, precision forging or precision machining, and machined sintered components. Geographically, it derives a majority of revenue from India.

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