Harbin Electric Company Limited, together with its subsidiaries, manufactures and sells power plant equipment in the People's Republic of China. The company provides thermal power main equipment, including boilers, steam turbines, and steam turbine generators; hydropower main equipment, such as hydropower generators units; nuclear power main equipment comprising nuclear island and conventional island equipment; and a set of steam power equipment, including 9F/9H class gas turbine, and combined gas and steam cycle sets. It also engages in the research and development, and production of clean energy products comprising solar energy, tidal power, and desalination products; and ancillary equipment for power stations, industrial boilers, industrial steam turbines, control devices, and AC/DC motors, as well as valves for power stations, pressure vessels, axial compressors, etc. In addition, the company is involved in the construction of power station projects; servicing of thermal and hydropower equipment; import and export of equipment for power stations; provision of after sales service for power station equipment products; research and development of engineering technology for power equipment and its ancillary products; and provision of environmental protection engineering services, such as desulfurization, denitrification, and dust removal. It also exports its products to Asia and South America. The company was founded in 1994 and is based in Harbin, the People's Republic of China. Harbin Electric Company Limited is a subsidiary of Harbin Electric Corporation Co., Ltd.
Harbin Electric Dividend Announcement
• Harbin Electric announced a annually dividend of HK$0.06 per ordinary share which will be made payable on 2024-07-24. Ex dividend date: 2024-06-13
• Harbin Electric annual dividend for 2024 was HK$0.06
• Harbin Electric annual dividend for 2023 was HK$0.01
• Harbin Electric's trailing twelve-month (TTM) dividend yield is 2.42%
• Harbin Electric's payout ratio for the trailing twelve months (TTM) is 19.08%
Harbin Electric Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-13 | HK$0.06 | annually | 2024-07-24 |
| 2023-06-15 | HK$0.01 | annually | 2023-07-25 |
| 2021-06-16 | HK$0.01 | annually | 2021-07-02 |
| 2018-06-07 | HK$0.02 | annually | 2018-07-25 |
| 2017-06-01 | HK$0.03 | annually | 2017-07-28 |
| 2016-05-31 | HK$0.02 | annually | 2016-07-28 |
| 2015-05-20 | HK$0.04 | annually | 2015-07-23 |
| 2014-05-21 | HK$0.08 | annually | 2014-07-24 |
| 2013-05-14 | HK$0.10 | annually | 2013-07-29 |
| 2013-04-09 | HK$0.12 | annually | |
| 2012-05-21 | HK$0.14 | annually | 2012-07-13 |
| 2011-04-11 | HK$0.14 | annually | 2011-07-15 |
| 2010-04-29 | HK$0.07 | annually | 2010-08-06 |
Harbin Electric Dividend per year
Harbin Electric Dividend growth
Harbin Electric Dividend Yield
Harbin Electric current trailing twelve-month (TTM) dividend yield is 2.42%. Interested in purchasing Harbin Electric stock? Use our calculator to estimate your expected dividend yield:
Harbin Electric Financial Ratios
P/E ratio5.31
PEG ratio1.34
P/B ratio0.38
ROE7.20%
Payout ratio19.08%
Current ratio1.13
Quick ratio0.87
Cash Ratio0.29
Harbin Electric Dividend FAQ
How much is the next Harbin Electric dividend?
Harbin Electric's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Harbin Electric dividend. The next Harbin Electric dividend will be released in June.
When is Harbin Electric dividend paid?
Harbin Electric pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Harbin Electric pay?
The specific amount of Harbin Electric 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 Harbin Electric's dividend history.
Does Harbin Electric stock pay dividends?
Yes, Harbin Electric 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 Harbin Electric's dividend history.
How much dividend does Harbin Electric pay?
Harbin Electric paid HK$0.057 in 2024, HK$0.007 in 2023, HK$0.0 in 2022, HK$0.013 in 2021, and HK$0.0 in 2020.
How often does Harbin Electric pay dividends?
Harbin Electric typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Harbin Electric's dividend yield?
The current dividend yield for Harbin Electric is 2.42%. 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 Harbin Electric's exact dividend yield.
When does Harbin Electric go ex dividend?
Harbin Electric's ex-dividend date for the latest dividend was on 2024-06-13. Harbin Electric 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 Harbin Electric dividend paid?
Harbin Electric pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Harbin Electric 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 Harbin Electric 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 Harbin Electric dividend per share?
Harbin Electric paid HK$0.057 per share in 2024 and HK$0.007 per share in 2023. The amount of dividend per share that Harbin Electric 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 Harbin Electric 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 Harbin Electric 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 Harbin Electric a dividend stock?
Yes, Harbin Electric is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Harbin Electric a good dividend stock?
Whether Harbin Electric is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Harbin Electric has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Harbin Electric 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.
Other factors to consider when evaluating Harbin Electric 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 Harbin Electric pay dividends monthly?
Harbin Electric typically pays dividends on a annually basis.
Does Harbin Electric pay dividends quarterly?
Harbin Electric currently pays dividends on a annually basis.
Has Harbin Electric ever paid a dividend?
Yes, Harbin Electric has a history of paying dividends to its shareholders. Harbin Electric is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Harbin Electric dividend stocks?
To buy Harbin Electric 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 Harbin Electric 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.
Place an order: Use the brokerage's trading platform to place an order to buy Harbin Electric 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 Harbin Electric pay dividends 2024?
Harbin Electric pays dividends on a annually basis. 2024 dividend payments are in 2024-07-24. 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 Harbin Electric increase its dividend in 2024?
Decisions regarding Harbin Electric 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 Harbin Electric dividend overview you can look into the above table of dividend history.
How Harbin Electric dividend works?
The Harbin Electric 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 Harbin Electric's dividend process works:
1. Determination of Dividend: Harbin Electric'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 Electric 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 Electric 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 Electric 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. Determination of Dividend: Harbin Electric'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 Electric 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 Electric 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 Electric 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 Harbin Electric dividends paid?
Harbin Electric dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Harbin Electric 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 Electric 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 Electric 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.
1. Record Date: Harbin Electric 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 Electric 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 Electric 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 Harbin Electric pay dividends?
Harbin Electric typically pays dividends on a 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 Harbin Electric pay dividends?
The general pattern is that Harbin Electric pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Harbin Electric dividend safe?
The safety of Harbin Electric'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 Harbin Electric'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 Electric'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.
To assess the safety of Harbin Electric'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 Electric'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.