Hi-Tech Pipes Limited manufactures and sells steel products for infrastructure, constructions, automobiles, energy, agriculture, defense, engineering, and telecom industries in India. It offers ERW black steel pipes and tubes used in fencing, line pipes, scaffolding, water and gas conveyance, oil country tubular, hand pumps, collieries, thermal powers, telecom, automobiles, and agriculture sector; rectangular and hollow sections; galvanized and pre-galvanized steel pipes and tubes; metal beam crash barriers for applications, such as national highways, expressways, bridges and flyovers, embankments, mines, collieries, high density fast moving traffic areas in cities, motor racing/test drove tracks, village areas along highways, crash test sites, factory areas, traffic safety in airports, plants handling hazardous chemicals, and multi-story parking lots. The company also provides cold rolled sheets and strips used in precision tubes, containers, bicycles, furniture, color coating, galvanizing and tinning, and automobile industry to produce car body panels; and cold formed sections, as well as solar mounting structures and various other galvanized products. It operates through a network of approximately 200 distributors and 300 dealers. Hi-Tech Pipes Limited also exports its products. The company was formerly known as Ram Lal Harbans Lal Limited and changed its name to Hi-Tech Pipes Limited in October 1986. Hi-Tech Pipes Limited was incorporated in 1985 and is headquartered in New Delhi, India.
Hi-Tech Pipes Dividend Announcement
• Hi-Tech Pipes announced a annually dividend of ₹0.03 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-09-13
• Hi-Tech Pipes annual dividend for 2024 was ₹0.03
• Hi-Tech Pipes annual dividend for 2023 was ₹0.03
• Hi-Tech Pipes's trailing twelve-month (TTM) dividend yield is 0.01%
Hi-Tech Pipes Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-13 | ₹0.03 | annually | 2024-10-21 |
| 2023-09-22 | ₹0.03 | annually | 2023-10-29 |
| 2022-09-20 | ₹0.50 | annually | 2022-10-28 |
| 2020-09-17 | ₹0.25 | annually | 2020-10-26 |
| 2019-09-17 | ₹0.25 | annually | 2019-10-25 |
| 2018-07-05 | ₹0.25 | annually | 2018-08-15 |
| 2017-09-18 | ₹0.25 | annually | 2017-10-25 |
| 2016-09-21 | ₹0.50 | annually | 2016-10-29 |
Hi-Tech Pipes Dividend per year
Hi-Tech Pipes Dividend growth
Hi-Tech Pipes Dividend Yield
Hi-Tech Pipes current trailing twelve-month (TTM) dividend yield is 0.01%. Interested in purchasing Hi-Tech Pipes stock? Use our calculator to estimate your expected dividend yield:
Hi-Tech Pipes Financial Ratios
P/E ratio45.23
PEG ratio15.98
P/B ratio3.72
ROE10.47%
Payout ratio0.00%
Current ratio1.63
Quick ratio0.87
Cash Ratio0.01
Hi-Tech Pipes Dividend FAQ
How much is the next Hi-Tech Pipes dividend?
Hi-Tech Pipes'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 Pipes dividend. The next Hi-Tech Pipes dividend will be released in September.
When is Hi-Tech Pipes dividend paid?
Hi-Tech Pipes 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 Pipes pay?
The specific amount of Hi-Tech Pipes 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 Pipes's dividend history.
Does Hi-Tech Pipes stock pay dividends?
Yes, Hi-Tech Pipes 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 Pipes's dividend history.
How much dividend does Hi-Tech Pipes pay?
Hi-Tech Pipes paid ₹0.025 in 2024, ₹0.025 in 2023, ₹0.5 in 2022, ₹0.0 in 2021, and ₹0.25 in 2020.
How often does Hi-Tech Pipes pay dividends?
Hi-Tech Pipes 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 Pipes's dividend yield?
The current dividend yield for Hi-Tech Pipes is 0.01%. 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 Pipes's exact dividend yield.
When does Hi-Tech Pipes go ex dividend?
Hi-Tech Pipes's ex-dividend date for the latest dividend was on 2024-09-13. Hi-Tech Pipes 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 Pipes dividend paid?
Hi-Tech Pipes pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Hi-Tech Pipes 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 Pipes 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 Pipes dividend per share?
Hi-Tech Pipes paid ₹0.025 per share in 2024 and ₹0.025 per share in 2023. The amount of dividend per share that Hi-Tech Pipes 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 Pipes 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 Pipes 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 Pipes a dividend stock?
Yes, Hi-Tech Pipes 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 Pipes a good dividend stock?
Whether Hi-Tech Pipes 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 Pipes has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hi-Tech Pipes 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.
Other factors to consider when evaluating Hi-Tech Pipes 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 Pipes pay dividends monthly?
Hi-Tech Pipes typically pays dividends on a annually basis.
Does Hi-Tech Pipes pay dividends quarterly?
Hi-Tech Pipes currently pays dividends on a annually basis.
Has Hi-Tech Pipes ever paid a dividend?
Yes, Hi-Tech Pipes has a history of paying dividends to its shareholders. Hi-Tech Pipes is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hi-Tech Pipes dividend stocks?
To buy Hi-Tech Pipes 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 Pipes 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.
Place an order: Use the brokerage's trading platform to place an order to buy Hi-Tech Pipes 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 Pipes pay dividends 2024?
Hi-Tech Pipes pays dividends on a annually basis. 2024 dividend payments are in 2024-10-21. 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 Pipes increase its dividend in 2024?
Decisions regarding Hi-Tech Pipes 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 Pipes dividend overview you can look into the above table of dividend history.
How Hi-Tech Pipes dividend works?
The Hi-Tech Pipes 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 Pipes's dividend process works:
1. Determination of Dividend: Hi-Tech Pipes'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 Pipes 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 Pipes 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 Pipes 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.
1. Determination of Dividend: Hi-Tech Pipes'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 Pipes 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 Pipes 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 Pipes 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 Pipes dividends paid?
Hi-Tech Pipes dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hi-Tech Pipes 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 Pipes 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 Pipes 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.
1. Record Date: Hi-Tech Pipes 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 Pipes 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 Pipes 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 Pipes pay dividends?
Hi-Tech Pipes 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 Pipes pay dividends?
The general pattern is that Hi-Tech Pipes 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 Pipes dividend safe?
The safety of Hi-Tech Pipes'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 Pipes'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 Pipes'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.
To assess the safety of Hi-Tech Pipes'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 Pipes'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.