Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd manufactures and sells electric motors in the People's Republic of China. The company offers wind turbines, shielding products, and nuclear power products, as well as equipment. It also exports its products to 48 countries and regions. The company was formerly known as Acheng Relay Co., Ltd. and changed its name to Harbin Electric Corporation Jiamusi Electric Machine CO.,Ltd in September 2012. The company is based in Jiamusi, the People's Republic of China.
Harbin Electric Jiamusi Electric Machine Dividend Announcement
• Harbin Electric Jiamusi Electric Machine announced a annually dividend of ¥0.20 per ordinary share which will be made payable on 2024-06-04. Ex dividend date: 2024-06-04 • Harbin Electric Jiamusi Electric Machine annual dividend for 2024 was ¥0.20 • Harbin Electric Jiamusi Electric Machine annual dividend for 2023 was ¥0.12 • Harbin Electric Jiamusi Electric Machine's trailing twelve-month (TTM) dividend yield is 1.8% • Harbin Electric Jiamusi Electric Machine's payout ratio for the trailing twelve months (TTM) is 68.03%
Harbin Electric Jiamusi Electric Machine Dividend History
Harbin Electric Jiamusi Electric Machine Dividend per year
Harbin Electric Jiamusi Electric Machine Dividend growth
Harbin Electric Jiamusi Electric Machine Dividend Yield
Harbin Electric Jiamusi Electric Machine current trailing twelve-month (TTM) dividend yield is 1.8%. Interested in purchasing Harbin Electric Jiamusi Electric Machine stock? Use our calculator to estimate your expected dividend yield:
Harbin Electric Jiamusi Electric Machine Financial Ratios
P/E ratio20.45
PEG ratio1.15
P/B ratio2.01
ROE9.92%
Payout ratio68.03%
Current ratio1.30
Quick ratio0.99
Cash Ratio0.26
Harbin Electric Jiamusi Electric Machine Dividend FAQ
How much is the next Harbin Electric Jiamusi Electric Machine dividend?
Harbin Electric Jiamusi Electric Machine'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 Jiamusi Electric Machine dividend. The next Harbin Electric Jiamusi Electric Machine dividend will be released in June.
When is Harbin Electric Jiamusi Electric Machine dividend paid?
Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine pay?
The specific amount of Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine's dividend history.
Does Harbin Electric Jiamusi Electric Machine stock pay dividends?
Yes, Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine's dividend history.
How much dividend does Harbin Electric Jiamusi Electric Machine pay?
Harbin Electric Jiamusi Electric Machine paid ¥0.202 in 2024, ¥0.12 in 2023, ¥0.08 in 2022, ¥0.16 in 2021, and ¥0.067 in 2020.
How often does Harbin Electric Jiamusi Electric Machine pay dividends?
Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine's dividend yield?
The current dividend yield for Harbin Electric Jiamusi Electric Machine is 1.8%. 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 Jiamusi Electric Machine's exact dividend yield.
When does Harbin Electric Jiamusi Electric Machine go ex dividend?
Harbin Electric Jiamusi Electric Machine's ex-dividend date for the latest dividend was on 2024-06-04. Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine dividend paid?
Harbin Electric Jiamusi Electric Machine pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine 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 Jiamusi Electric Machine dividend per share?
Harbin Electric Jiamusi Electric Machine paid ¥0.202 per share in 2024 and ¥0.12 per share in 2023. The amount of dividend per share that Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine 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 Jiamusi Electric Machine 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 Jiamusi Electric Machine a dividend stock?
Yes, Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine a good dividend stock?
Whether Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine pay dividends monthly?
Harbin Electric Jiamusi Electric Machine typically pays dividends on a annually basis.
Does Harbin Electric Jiamusi Electric Machine pay dividends quarterly?
Harbin Electric Jiamusi Electric Machine currently pays dividends on a annually basis.
Has Harbin Electric Jiamusi Electric Machine ever paid a dividend?
Yes, Harbin Electric Jiamusi Electric Machine has a history of paying dividends to its shareholders. Harbin Electric Jiamusi Electric Machine is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Harbin Electric Jiamusi Electric Machine dividend stocks?
To buy Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine 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 Jiamusi Electric Machine pay dividends 2024?
Harbin Electric Jiamusi Electric Machine pays dividends on a annually basis. 2024 dividend payments are in 2024-06-04. 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 Jiamusi Electric Machine increase its dividend in 2024?
Decisions regarding Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine dividend overview you can look into the above table of dividend history.
How Harbin Electric Jiamusi Electric Machine dividend works?
The Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine's dividend process works:
1. Determination of Dividend: Harbin Electric Jiamusi Electric Machine'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 Jiamusi Electric Machine 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 Jiamusi Electric Machine 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 Jiamusi Electric Machine 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 Jiamusi Electric Machine dividends paid?
Harbin Electric Jiamusi Electric Machine dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine 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 Jiamusi Electric Machine 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 Jiamusi Electric Machine pay dividends?
Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine pay dividends?
The general pattern is that Harbin Electric Jiamusi Electric Machine 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 Jiamusi Electric Machine dividend safe?
The safety of Harbin Electric Jiamusi Electric Machine'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 Jiamusi Electric Machine'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 Jiamusi Electric Machine'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.