HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia. Its ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects. The company also offers personnel services to other sectors, such as office administration, sales and marketing, and finance; and digital services to government departments to initiate and complete digital transformation projects. It serves telco, finance, healthcare, consulting, IT, and FMCG industries, as well as federal and state governments. HiTech Group Australia Limited was incorporated in 1993 and is based in Sydney, Australia.
HiTech Australia Dividend Announcement
• HiTech Australia announced a semi annually dividend of A$0.05 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-08-30
• HiTech Australia annual dividend for 2024 was A$0.10
• HiTech Australia annual dividend for 2023 was A$0.10
• HiTech Australia's trailing twelve-month (TTM) dividend yield is 5.25%
• HiTech Australia's payout ratio for the trailing twelve months (TTM) is 69.97%
• HiTech Australia's dividend growth over the last five years (2018-2023) was 4.56% year
HiTech Australia Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | A$0.05 | semi annually | 2024-09-12 |
2024-03-04 | A$0.05 | semi annually | |
2023-09-01 | A$0.05 | semi annually | 2023-09-18 |
2023-03-06 | A$0.05 | semi annually | 2023-03-21 |
2022-12-08 | A$0.01 | semi annually | 2023-01-12 |
2022-09-01 | A$0.06 | semi annually | 2022-09-16 |
2022-03-03 | A$0.05 | semi annually | 2022-03-18 |
2021-08-31 | A$0.05 | semi annually | 2021-09-15 |
2021-03-04 | A$0.01 | semi annually | 2021-03-19 |
2020-08-28 | A$0.04 | semi annually | 2020-09-14 |
2020-03-04 | A$0.01 | semi annually | 2020-03-19 |
2019-08-28 | A$0.04 | semi annually | 2019-09-12 |
2019-03-04 | A$0.04 | semi annually | 2019-03-19 |
2018-08-27 | A$0.04 | semi annually | 2018-09-12 |
2018-03-02 | A$0.04 | semi annually | 2018-03-19 |
2017-08-30 | A$0.03 | semi annually | 2017-09-14 |
2017-03-08 | A$0.03 | semi annually | 2017-03-23 |
2016-09-08 | A$0.02 | semi annually | 2016-09-23 |
2013-09-05 | A$0.01 | semi annually | 2013-09-25 |
2002-09-30 | A$0.01 | semi annually | 2002-10-18 |
2002-03-28 | A$0.01 | semi annually | 2002-04-19 |
2001-09-28 | A$0.02 | semi annually | 2001-10-19 |
2001-04-02 | A$0.02 | semi annually | 2001-04-20 |
HiTech Australia Dividend per year
HiTech Australia Dividend growth
HiTech Australia Dividend Yield
HiTech Australia current trailing twelve-month (TTM) dividend yield is 5.25%. Interested in purchasing HiTech Australia stock? Use our calculator to estimate your expected dividend yield:
HiTech Australia Financial Ratios
HiTech Australia Dividend FAQ
Other factors to consider when evaluating HiTech Australia 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.
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1. Determination of Dividend: HiTech Australia'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, HiTech Australia 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, HiTech Australia 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 HiTech Australia 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. Record Date: HiTech Australia 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, HiTech Australia distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HiTech Australia 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.
To assess the safety of HiTech Australia'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 HiTech Australia'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.