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The Hi-Tech Gears Limited manufactures and sells auto components to automobile manufacturers and Tier 1 and 2 suppliers in India, the United States, and internationally. It offers transmission and engine components, driveline components, steering linkage, power take off components, and engineering design services for two wheelers, light vehicles, commercial vehicles, and off highway vehicles, as well as engine gears. The company also develops products and services in the field of robotics, artificial intelligence, automotive embedded systems, and computer vision and biometrics. The Hi-Tech Gears Limited was incorporated in 1986 and is based in Gurugram, India.

Hi-Tech Gears Dividend Announcement

Hi-Tech Gears announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-19
Hi-Tech Gears annual dividend for 2024 was ₹5.00
Hi-Tech Gears annual dividend for 2023 was ₹2.50
Hi-Tech Gears's trailing twelve-month (TTM) dividend yield is 0.64%
Hi-Tech Gears's dividend growth over the last five years (2018-2023) was -6.51% year

Hi-Tech Gears Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-19₹5.00annually2024-10-26
2023-09-21₹2.50annually2023-10-28
2022-09-21₹1.50annually2022-10-29
2021-09-21₹2.00annually2021-10-29
2020-02-18₹1.50annually2020-03-08
2019-09-19₹2.00annually2019-10-27
2019-02-14₹1.50annually2019-03-04
2018-09-19₹2.00annually2018-10-29
2018-02-15₹1.50annually2018-03-04
2017-09-21₹1.25annually2017-10-29
2017-02-22₹1.25annually2017-03-12
2016-09-15₹1.50annually2016-10-23
2016-02-25₹1.50annually2016-03-13
2015-09-21₹1.50annually2015-10-29
2015-02-24₹1.00annually2015-03-14
2014-09-08₹1.50annually2014-10-18
2014-02-25₹1.00annually2014-03-16
2013-09-18₹1.50annually2013-10-30
2013-02-25₹1.00annually2013-03-16

Hi-Tech Gears Dividend per year

Hi-Tech Gears Dividend growth

Hi-Tech Gears Dividend Yield

Hi-Tech Gears current trailing twelve-month (TTM) dividend yield is 0.64%. Interested in purchasing Hi-Tech Gears stock? Use our calculator to estimate your expected dividend yield:

Hi-Tech Gears Financial Ratios

P/E ratio25.85
PEG ratio1.79
P/B ratio2.99
ROE12.18%
Payout ratio0.00%
Current ratio1.63
Quick ratio1.12
Cash Ratio0.11

Hi-Tech Gears Dividend FAQ

How much is the next Hi-Tech Gears dividend?
Hi-Tech Gears's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hi-Tech Gears dividend. The next Hi-Tech Gears dividend will be released in September.
When is Hi-Tech Gears dividend paid?
Hi-Tech Gears pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Hi-Tech Gears pay?
The specific amount of Hi-Tech Gears dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hi-Tech Gears's dividend history.
Does Hi-Tech Gears stock pay dividends?
Yes, Hi-Tech Gears does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Hi-Tech Gears's dividend history.
How much dividend does Hi-Tech Gears pay?
Hi-Tech Gears paid ₹5.0 in 2024, ₹2.5 in 2023, ₹1.5 in 2022, ₹2.0 in 2021, and ₹1.5 in 2020.
How often does Hi-Tech Gears pay dividends?
Hi-Tech Gears typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Hi-Tech Gears's dividend yield?
The current dividend yield for Hi-Tech Gears is 0.64%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Hi-Tech Gears's exact dividend yield.
When does Hi-Tech Gears go ex dividend?
Hi-Tech Gears's ex-dividend date for the latest dividend was on 2024-09-19. Hi-Tech Gears typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Hi-Tech Gears dividend paid?
Hi-Tech Gears pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Hi-Tech Gears increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Hi-Tech Gears will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Hi-Tech Gears dividend per share?
Hi-Tech Gears paid ₹5.0 per share in 2024 and ₹2.5 per share in 2023. The amount of dividend per share that Hi-Tech Gears pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Hi-Tech Gears a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Hi-Tech Gears a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Hi-Tech Gears a dividend stock?
Yes, Hi-Tech Gears is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hi-Tech Gears a good dividend stock?
Whether Hi-Tech Gears is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hi-Tech Gears has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Hi-Tech Gears as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Hi-Tech Gears pay dividends monthly?
Hi-Tech Gears typically pays dividends on a annually basis.
Does Hi-Tech Gears pay dividends quarterly?
Hi-Tech Gears currently pays dividends on a annually basis.
Has Hi-Tech Gears ever paid a dividend?
Yes, Hi-Tech Gears has a history of paying dividends to its shareholders. Hi-Tech Gears is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hi-Tech Gears dividend stocks?
To buy Hi-Tech Gears you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Hi-Tech Gears stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Hi-Tech Gears pay dividends 2024?
Hi-Tech Gears pays dividends on a annually basis. 2024 dividend payments are in 2024-10-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Hi-Tech Gears increase its dividend in 2024?
Decisions regarding Hi-Tech Gears dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Hi-Tech Gears dividend overview you can look into the above table of dividend history.
How Hi-Tech Gears dividend works?
The Hi-Tech Gears dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Hi-Tech Gears's dividend process works:

1. Determination of Dividend: Hi-Tech Gears's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Hi-Tech Gears publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Hi-Tech Gears distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Hi-Tech Gears are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Hi-Tech Gears dividends paid?
Hi-Tech Gears dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Hi-Tech Gears sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Hi-Tech Gears distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Hi-Tech Gears declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Hi-Tech Gears pay dividends?
Hi-Tech Gears typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Hi-Tech Gears pay dividends?
The general pattern is that Hi-Tech Gears pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hi-Tech Gears dividend safe?
The safety of Hi-Tech Gears's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Hi-Tech Gears's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Hi-Tech Gears's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.