HiTech Group Australia Limited (ASX:HIT) Declares Dividend Increase – $0.06 Per Share

HiTech Group Australia Limited (ASX:HIT) announced a interim dividend on Thursday, February 13th, MarketIndexAU reports. Shareholders of record on Thursday, March 19th will be paid a dividend of 0.055 per share on Thursday, March 19th. This represents a yield of 3.42%. The ex-dividend date of this dividend is Wednesday, March 4th. This is a positive change from HiTech Group Australia’s previous interim dividend of $0.04.

Shares of HiTech Group Australia stock opened at A$1.70 ($1.21) on Friday. The business has a fifty day simple moving average of A$1.30 and a two-hundred day simple moving average of A$1.16. HiTech Group Australia has a 1 year low of A$0.87 ($0.62) and a 1 year high of A$1.41 ($1.00). The company has a market capitalization of $64.69 million and a price-to-earnings ratio of 22.37.

HiTech Group Australia Company Profile

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 permanent recruitment services comprise the search and selection of candidates for full time employment; and ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects in system development, infrastructure support and cloud integration, operation, and other skill sets.

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