Harbin Jiuzhou Group Co.,Ltd. manufactures and supplies electrical equipment and energy efficiency management solutions in China and internationally. The company offers power products, including batteries; and power quality management products, comprising high and low voltage reactive power compensation products. It also provides transformers and reactors, prefabricated box types, busbars and bridges, terminals, and distribution automation products; low voltage switch complete set equipment; medium voltage switchgears comprising gas insulated medium voltage and air insulation medium voltage switchgears; and electrical components that include medium voltage switching components and low voltage dual power transfer switches. In addition, the company offers high-voltage motor drive products, including high voltage and low voltage soft starters, and high and low voltage inverters; new energy grid-connected converters and supporting products, such as megawatt level wind power converters; and power engineering installation and construction products. Further, it offers energy saving and energy efficiency management, city and infrastructure, rail transportation, distribution automation, building technology, industry, mine, new energy, data center, and reactive power compensation solutions. The company was formerly known as Harbin Jiuzhou Electrical Co.,Ltd and changed its name to Harbin Jiuzhou Group Co.,Ltd. in July 2020. Harbin Jiuzhou Group Co.,Ltd. was founded in 1993 and is based in Harbin, China.
Harbin Jiuzhou Dividend Announcement
• Harbin Jiuzhou announced a annually dividend of ¥0.07 per ordinary share which will be made payable on 2024-07-11. Ex dividend date: 2024-07-11
• Harbin Jiuzhou annual dividend for 2024 was ¥0.07
• Harbin Jiuzhou annual dividend for 2023 was ¥0.06
• Harbin Jiuzhou's trailing twelve-month (TTM) dividend yield is 1.1%
• Harbin Jiuzhou's payout ratio for the trailing twelve months (TTM) is 170.02%
• Harbin Jiuzhou's dividend growth over the last five years (2018-2023) was 3.71% year
Harbin Jiuzhou Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-11 | ¥0.07 | annually | 2024-07-11 |
2023-06-29 | ¥0.06 | annually | 2023-06-29 |
2022-05-27 | ¥0.05 | annually | 2022-05-27 |
2021-07-14 | ¥0.05 | annually | 2021-07-14 |
2020-07-24 | ¥0.05 | annually | 2020-07-24 |
2019-07-16 | ¥0.05 | annually | 2019-07-16 |
2018-07-24 | ¥0.05 | annually | 2018-07-24 |
2017-07-14 | ¥0.10 | annually | 2017-07-14 |
2014-06-27 | ¥0.05 | annually | |
2013-06-13 | ¥0.20 | annually | |
2012-06-18 | ¥0.10 | annually | |
2011-05-17 | ¥0.10 | annually |
Harbin Jiuzhou Dividend per year
Harbin Jiuzhou Dividend growth
Harbin Jiuzhou Dividend Yield
Harbin Jiuzhou current trailing twelve-month (TTM) dividend yield is 1.1%. Interested in purchasing Harbin Jiuzhou stock? Use our calculator to estimate your expected dividend yield:
Harbin Jiuzhou Financial Ratios
Harbin Jiuzhou Dividend FAQ
Other factors to consider when evaluating Harbin Jiuzhou 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 Jiuzhou'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 Jiuzhou 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 Jiuzhou 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 Jiuzhou 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 Jiuzhou 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 Jiuzhou 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 Jiuzhou 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 Jiuzhou'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 Jiuzhou'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.