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Harbin Air Conditioning Co.,Ltd. designs, manufactures, and sells air cooling and air conditioning products in the People's Republic of China. It provides petrochemical air-cooling products, including dry-type, humid -type, dry-humid type, surface-evaporation, and hot wind circulation-air coolers. The company also offers power plant air cooling products, such as direct air-cooling systems, indirect air-cooling systems, and mechanical draft air cooling towers; and HVAC products comprising assembly air conditioning units, air heaters, and air screens. It provides its products for the use in petrochemical, power generation, and refinery industries. The company also exports its products to the United States, Canada, Italy, Australia, Singapore, Malaysia, Russia, India, and other countries. Harbin Air Conditioning Co.,Ltd. was founded in 1952 and is based in Harbin, the People's Republic of China.

Harbin Air Conditioning Dividend Announcement

• Harbin Air Conditioning announced a annually dividend of ¥0.04 per ordinary share which will be made payable on 2020-08-18. Ex dividend date: 2020-08-18
• Harbin Air Conditioning's trailing twelve-month (TTM) dividend yield is -%
• Harbin Air Conditioning's payout ratio for the trailing twelve months (TTM) is 213.50%

Harbin Air Conditioning Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-08-18¥0.04annually2020-08-18
2015-08-24¥0.02annually
2013-07-10¥0.02annually
2010-06-10¥0.11annually
2009-05-11¥0.03annually
2008-06-25¥0.03annually
2007-08-14¥0.40annually
2006-06-20¥0.40annually
2004-07-16¥0.05annually
2003-07-01¥0.01annually
2002-07-09¥0.10annually
2001-04-17¥0.20annually

Harbin Air Conditioning Dividend per year

Harbin Air Conditioning Dividend growth

Harbin Air Conditioning Dividend Yield

Harbin Air Conditioning current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Harbin Air Conditioning stock? Use our calculator to estimate your expected dividend yield:

Harbin Air Conditioning Financial Ratios

P/E ratio116.36
PEG ratio8.83
P/B ratio2.03
ROE1.75%
Payout ratio213.50%
Current ratio1.18
Quick ratio0.92
Cash Ratio0.08

Harbin Air Conditioning Dividend FAQ

Does Harbin Air Conditioning stock pay dividends?
Harbin Air Conditioning does not currently pay dividends to its shareholders.
Has Harbin Air Conditioning ever paid a dividend?
No, Harbin Air Conditioning has no a history of paying dividends to its shareholders. Harbin Air Conditioning is not known for its dividend payments.
Why doesn't Harbin Air Conditioning pay dividends?
There are several potential reasons why Harbin Air Conditioning would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Harbin Air Conditioning ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Harbin Air Conditioning has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Harbin Air Conditioning a dividend aristocrat?
Harbin Air Conditioning is not considered a Dividend Aristocrat. 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 Harbin Air Conditioning a dividend king?
Harbin Air Conditioning is not classified as a "Dividend King". 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 Harbin Air Conditioning a dividend stock?
No, Harbin Air Conditioning is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Harbin Air Conditioning stocks?
To buy Harbin Air Conditioning 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Harbin Air Conditioning 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.