Harbin Bank Co., Ltd. provides various commercial banking products and services primarily in Mainland China. It operates through four segments: Corporate Financial Business, Retail Financial Business, Interbank Financial Business, and Other Business. The company offers demand and time deposit products, personal loans, collateral loans, corporate loans, and agricultural loans, as well as bank card and credit card products. It also provides settlement and clearing services, as well as other products and services relating to trading business; personal wealth management services; and money market placement, investment and repurchasing, and foreign exchange transaction services. In addition, the company offers online, mobile, and telephone banking services; insurance products; and project financing, financial management and consulting, underwriting and issuing of securities, and asset custody services. As of December 31, 2021, it operated through 311 branch outlets, including 17 branches, 292 sub-branches, 1 branch-level financial service center for small enterprises, and 1 headquarters business department. The company was formerly known as Harbin City Commercial Bank Co., Ltd. and changed its name to Harbin Bank Co., Ltd. in November 2007. Harbin Bank Co., Ltd. was incorporated in 1997 and is headquartered in Harbin, the People's Republic of China.
Harbin Bank Dividend Announcement
• Harbin Bank announced a annually dividend of HK$0.11 per ordinary share which will be made payable on 2020-07-15. Ex dividend date: 2020-05-20
• Harbin Bank's trailing twelve-month (TTM) dividend yield is -%
• Harbin Bank's payout ratio for the trailing twelve months (TTM) is 102.91%
Harbin Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-05-20 | HK$0.11 | annually | 2020-07-15 |
2018-05-23 | HK$0.06 | annually | 2018-07-18 |
2016-05-26 | HK$0.13 | annually | 2016-07-15 |
2015-07-03 | HK$0.13 | annually | 2015-08-28 |
2014-06-26 | HK$0.04 | annually | 2014-08-19 |
Harbin Bank Dividend per year
Harbin Bank Dividend growth
Harbin Bank Dividend Yield
Harbin Bank current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Harbin Bank stock? Use our calculator to estimate your expected dividend yield:
Harbin Bank Financial Ratios
Harbin Bank Dividend FAQ
Other factors to consider when evaluating Harbin Bank 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: Harbin Bank'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, Harbin Bank 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, Harbin Bank 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 Harbin Bank 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: Harbin Bank 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, Harbin Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Harbin Bank 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 Harbin Bank'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 Harbin Bank'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.