Hi-Tech PipesNSE:HITECH -4.46%87 Dividend Yield % is 0.03% as of Jun. 26, 2026, which is 50% below its 10-year median of 0.06. GuruFocus rates NSE:HITECH with a GF Score™ of 87/100 and a GF Value™ of ₹127.96 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 316 Steel companies, Hi-Tech Pipes ranks worse than 100% on this metric.
As of today (2026-06-26), the Trailing Annual Dividend Yield of Hi-Tech Pipes is 0.03%.
Good Sign:
Hi-Tech Pipes Ltd stock Dividend Yield % is close to 2-year high.
The historical rank and industry rank for Hi-Tech Pipes's Dividend Yield % or its related term are showing as below:
NSE:HITECH'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.35
Current: 0.03
During the past 12 years, the highest Dividend Yield of Hi-Tech Pipes was 0.35%. The lowest was 0.01%. And the median was 0.06%.
NSE:HITECH's Dividend Yield % is ranked worse than 100% of 316
companies
in the Steel industry
Industry Median: 2.745
vs NSE:HITECH: 0.03
During the past 3 years, the average Dividends Per Share Growth Rate was -20.60% per year.
During the past 12 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 0.00% 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.
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.
The historical data trend for Hi-Tech Pipes's Dividend Yield % 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.
NSE:HITECH vs NUE, STLD, RS: Dividend Yield % Comparison
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 Dividend Yield % vs 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.
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 0.025000
2025-09-19
2025-09-20
2025-10-15
Cash Dividend
annually
INR: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 Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.025
/
89.85
=
0.03 %
Current Share Price is ₹89.85. Hi-Tech Pipes's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.025.
Hi-Tech Pipes's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.025
/
89.85
=
0.03 %
Current Share Price is ₹89.85. Hi-Tech Pipes's Dividends per Share for the forward twelve months is calculated as ₹0.025 * 1 = ₹0.025.
* 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 (NSE:HITECH) has a Dividend Yield % of 0.03% as of Jun. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Hi-Tech Pipes and its competitors. This is 50% below median its historical median of 0.06. Over the past decade, Hi-Tech Pipes' Dividend Yield % has ranged from 0.01 to 0.35. According to the industry distribution chart, Hi-Tech Pipes ranks #316 out of 316 companies in the Steel industry.
Is Hi-Tech Pipes' Dividend Yield % too high?
Hi-Tech Pipes' current Dividend Yield % of 0.03% is 50% below median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.35. The Steel industry median Dividend Yield % is 2.75. Hi-Tech Pipes' value of 0.03% is 98.9% below this industry median. Based on the distribution chart, Hi-Tech Pipes ranks #316 out of 316 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Hi-Tech Pipes has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hi-Tech Pipes' Dividend Yield % compare to NUE and STLD?
According to the Steel industry distribution chart, Hi-Tech Pipes ranks #316 out of 316 companies for Dividend Yield %. This places Hi-Tech Pipes in the lower half of its industry. The industry median Dividend Yield % is 2.75. Hi-Tech Pipes' value of 0.03% is 98.9% below this benchmark. Historically, Hi-Tech Pipes' own Dividend Yield % has ranged from 0.01 to 0.35 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 2.75, Hi-Tech Pipes has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Steel company?
The median Dividend Yield % among Steel companies is 2.75, based on 316 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hi-Tech Pipes's current Dividend Yield % of 0.03% is 98.9% below 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 Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Hi-Tech Pipes and its competitors. For the Steel industry, the median Dividend Yield % is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Tech Pipes's current Dividend Yield % is 0.03%, which is 50% below median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Tech Pipes stock overvalued right now?
Based on GuruFocus' analysis, Hi-Tech Pipes (NSE:HITECH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹127.96, compared to a current price of ₹89.85 — trading 29.8% below its estimated fair value. The current Dividend Yield % is 0.03%, which is 50% below median its 10-year median of 0.06 and 98.9% below the Steel industry median of 2.75. Hi-Tech Pipes' overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Hi-Tech Pipes (NSE:HITECH), the current Dividend Yield % is 0.03% as of Jun. 26, 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 Hi-Tech Pipes (NSE:HITECH) Overvalued in 2026?
Based on GuruFocus' analysis, Hi-Tech Pipes stock appears to be undervalued.
The current stock price of ₹89.85 is trading 29.8% below its estimated GF Value™ of ₹127.96.
GuruFocus considers Hi-Tech Pipes to be Possible Value Trap.
Key valuation signals for NSE:HITECH:
Dividend Yield %: 0.03% (50% below median its 10-year median of 0.06)
GF Value™: ₹127.96 vs. price of ₹89.85 (29.8% below fair value)
Industry Position: 98.9% below the Steel median (#316 of 316)
No single metric tells the full story. See the NSE:HITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hi-Tech Pipes Ltd manufactures and markets a wide range of steel tubes used in industries like infrastructure, telecom, defense, power distribution, railways, airports, construction, real estate, and automotive. Its products include Black Steel Tubes, Rectangular and Hollow sections, Galvanised Steel Tubes, Metal Beam Highway Crash Barriers, Cold Rolling Coils, Cold Formed Sections, Black Hollow Section and Round Pipes, Galvanized Pipes, Pre-Galvanized Pipes, and Cold Rolled Coils. The Indian steel pipes and tubes industry includes segments such as seamless, ERW, LSAW, HSAW, galvanized iron, ductile iron, and black steel pipes, which serve various applications ranging from high-pressure oil and gas pipelines to water supply and general engineering purposes.
87GF Score
Get the complete analysis for NSE:HITECH
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
NSE:HITECH has been successfully added to your 
