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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 dateDividend amountDividend typePay date
2024-08-30A$0.05semi annually2024-09-12
2024-03-04A$0.05semi annually
2023-09-01A$0.05semi annually2023-09-18
2023-03-06A$0.05semi annually2023-03-21
2022-12-08A$0.01semi annually2023-01-12
2022-09-01A$0.06semi annually2022-09-16
2022-03-03A$0.05semi annually2022-03-18
2021-08-31A$0.05semi annually2021-09-15
2021-03-04A$0.01semi annually2021-03-19
2020-08-28A$0.04semi annually2020-09-14
2020-03-04A$0.01semi annually2020-03-19
2019-08-28A$0.04semi annually2019-09-12
2019-03-04A$0.04semi annually2019-03-19
2018-08-27A$0.04semi annually2018-09-12
2018-03-02A$0.04semi annually2018-03-19
2017-08-30A$0.03semi annually2017-09-14
2017-03-08A$0.03semi annually2017-03-23
2016-09-08A$0.02semi annually2016-09-23
2013-09-05A$0.01semi annually2013-09-25
2002-09-30A$0.01semi annually2002-10-18
2002-03-28A$0.01semi annually2002-04-19
2001-09-28A$0.02semi annually2001-10-19
2001-04-02A$0.02semi annually2001-04-20

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

P/E ratio13.38
PEG ratio0.13
P/B ratio8.57
ROE68.61%
Payout ratio69.97%
Current ratio1.97
Quick ratio1.97
Cash Ratio1.59

HiTech Australia Dividend FAQ

How much is the next HiTech Australia dividend?
HiTech Australia's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next HiTech Australia dividend. The next HiTech Australia dividend will be released in March, or September.
When is HiTech Australia dividend paid?
HiTech Australia pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and 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 HiTech Australia pay?
The specific amount of HiTech Australia 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 HiTech Australia's dividend history.
Does HiTech Australia stock pay dividends?
Yes, HiTech Australia 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 HiTech Australia's dividend history.
How much dividend does HiTech Australia pay?
HiTech Australia paid A$0.1 in 2024, A$0.1 in 2023, A$0.125 in 2022, A$0.065 in 2021, and A$0.055 in 2020.
How often does HiTech Australia pay dividends?
HiTech Australia typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is HiTech Australia's dividend yield?
The current dividend yield for HiTech Australia is 5.25%. 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 HiTech Australia's exact dividend yield.
When does HiTech Australia go ex dividend?
HiTech Australia's ex-dividend date for the latest dividend was on 2024-08-30. HiTech Australia 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 HiTech Australia dividend paid?
HiTech Australia pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will HiTech Australia 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 HiTech Australia 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 HiTech Australia dividend per share?
HiTech Australia paid A$0.1 per share in 2024 and A$0.1 per share in 2023. The amount of dividend per share that HiTech Australia 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 HiTech Australia 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 HiTech Australia 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 HiTech Australia a dividend stock?
Yes, HiTech Australia is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is HiTech Australia a good dividend stock?
Whether HiTech Australia is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. HiTech Australia has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does HiTech Australia pay dividends monthly?
HiTech Australia typically pays dividends on a semi annually basis.
Does HiTech Australia pay dividends quarterly?
HiTech Australia currently pays dividends on a semi annually basis.
Has HiTech Australia ever paid a dividend?
Yes, HiTech Australia has a history of paying dividends to its shareholders. HiTech Australia is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy HiTech Australia dividend stocks?
To buy HiTech Australia 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 HiTech Australia 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 HiTech Australia pay dividends 2024?
HiTech Australia pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-12. 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 HiTech Australia increase its dividend in 2024?
Decisions regarding HiTech Australia 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 HiTech Australia dividend overview you can look into the above table of dividend history.
How HiTech Australia dividend works?
The HiTech Australia 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 HiTech Australia's dividend process works:

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.
How are HiTech Australia dividends paid?
HiTech Australia dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does HiTech Australia pay dividends?
HiTech Australia typically pays dividends on a semi 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 HiTech Australia pay dividends?
The general pattern is that HiTech Australia pays dividends around March, and 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 HiTech Australia dividend safe?
The safety of HiTech Australia'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 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.