How were HiTech Group Australia's earnings last quarter?

HiTech Group Australia Limited (ASX:HIT) released its quarterly earnings data on Monday, August, 12th. The company reported $0.08 earnings per share for the quarter. HiTech Group Australia had a net margin of 8.65% and a trailing twelve-month return on equity of 76.42%.

How often does HiTech Group Australia pay dividends? What is the dividend yield for HiTech Group Australia?

HiTech Group Australia announced a Interim dividend on Friday, March 1st. Investors of record on Monday, March 18th will be paid a dividend of 0.05 per share on Monday, March 18th. This represents a dividend yield of 2.42%. The ex-dividend date of this dividend is Sunday, March 3rd. Read our dividend analysis for HIT .

Is HiTech Group Australia a good dividend stock?

HiTech Group Australia (ASX:HIT) pays an annual dividend of A$0.10 per share and currently has a dividend yield of 5.05%. HIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 71.43%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for HIT .

ASX:HIT

HiTech Group Australia (HIT) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: N/A
52-Week Range: N/A

Volume: 27,696 shs
Average Volume: N/A
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 5.05%
Price Target: N/A

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About HiTech Group Australia Stock (ASX:HIT)

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 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.

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HIT Stock News Headlines

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Company Calendar

Last Earnings: 8/12/2019
Ex-Dividend for 3/18 Dividend: 3/03/2024
Dividend Payable: 3/18/2024
Today: 4/19/2024

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Industry, Sector and Symbol

Stock Exchange: ASX
Sector: Industrials
Industry: Staffing & Employment Services
Sub-Industry: N/A
Current Symbol: ASX:HIT
CUSIP: N/A
CIK: N/A
Web: www.hitechaust.com
Phone: 61 2 9241 1919
Fax: N/A
Employees: 9
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): A$0.14
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $5.86 million
Net Margins: 8.65%
Pretax Margin: N/A
Return on Equity: 76.42%
Return on Assets: 33.85%

Debt

Debt-to-Equity Ratio: 26.25
Current Ratio: 2.13
Quick Ratio: 2.19

Sales & Book Value

Annual Sales: $67.69 million
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 8.25
Book Value: A$0.19 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 42,300,000
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: 0.47

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Key Executives

Mr. Raymond Hazouri B.A. (Age 62)
Founder, Chairman & Company Secretary
Comp: $588.95k
Mr. Elias Hazouri B.Sc. (Age 56)
M.B.A., MBA, CEO, Chief Information Officer, GM, Company Secretary & Executive Director
Comp: $795.82k

Key Competitors

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HIT Stock Analysis - Frequently Asked Questions

How were HiTech Group Australia's earnings last quarter?: HiTech Group Australia Limited (ASX:HIT) released its quarterly earnings data on Monday, August, 12th. The company reported $0.08 earnings per share for the quarter. HiTech Group Australia had a net margin of 8.65% and a trailing twelve-month return on equity of 76.42%.
How often does HiTech Group Australia pay dividends? What is the dividend yield for HiTech Group Australia?: HiTech Group Australia announced a Interim dividend on Friday, March 1st. Investors of record on Monday, March 18th will be paid a dividend of 0.05 per share on Monday, March 18th. This represents a dividend yield of 2.42%. The ex-dividend date of this dividend is Sunday, March 3rd.
Read our dividend analysis for HIT.
Is HiTech Group Australia a good dividend stock?: HiTech Group Australia (ASX:HIT) pays an annual dividend of A$0.10 per share and currently has a dividend yield of 5.05%. HIT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 71.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HIT.

This page (ASX:HIT) was last updated on 4/19/2024 by MarketBeat.com Staff

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HiTech Group Australia (HIT) Stock Price, News & Analysis

About HiTech Group Australia Stock (ASX:HIT)

HIT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

HIT Stock Analysis - Frequently Asked Questions

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