Harbin Xinguang Optic-Electronics Technology Co.,Ltd. engages in the research and development, manufacture, and sale of opto-mechanical and electrical integration products, industrial automation control system devices, and optical instruments and optical materials. It also provides technical consulting and other services. The company was founded in 2007 and is headquartered in Harbin, China.
Harbin Xinguang Optic-Electronics Technology Dividend Announcement
• Harbin Xinguang Optic-Electronics Technology announced a annually dividend of ¥0.08 per ordinary share which will be made payable on 2021-05-28. Ex dividend date: 2021-05-28
• Harbin Xinguang Optic-Electronics Technology's trailing twelve-month (TTM) dividend yield is -%
• Harbin Xinguang Optic-Electronics Technology's payout ratio for the trailing twelve months (TTM) is -0.04%
Harbin Xinguang Optic-Electronics Technology Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2021-05-28 | ¥0.08 | annually | 2021-05-28 |
| 2020-06-30 | ¥0.18 | annually | 2020-06-30 |
Harbin Xinguang Optic-Electronics Technology Dividend per year
Harbin Xinguang Optic-Electronics Technology Dividend Yield
Harbin Xinguang Optic-Electronics Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Harbin Xinguang Optic-Electronics Technology stock? Use our calculator to estimate your expected dividend yield:
Harbin Xinguang Optic-Electronics Technology Financial Ratios
P/E ratio-38.28
PEG ratio4.05
P/B ratio1.75
ROE-4.50%
Payout ratio-0.04%
Current ratio8.91
Quick ratio7.86
Cash Ratio0.15
Harbin Xinguang Optic-Electronics Technology Dividend FAQ
Does Harbin Xinguang Optic-Electronics Technology stock pay dividends?
Harbin Xinguang Optic-Electronics Technology does not currently pay dividends to its shareholders.
Has Harbin Xinguang Optic-Electronics Technology ever paid a dividend?
No, Harbin Xinguang Optic-Electronics Technology has no a history of paying dividends to its shareholders. Harbin Xinguang Optic-Electronics Technology is not known for its dividend payments.
Why doesn't Harbin Xinguang Optic-Electronics Technology pay dividends?
There are several potential reasons why Harbin Xinguang Optic-Electronics Technology 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.
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 Xinguang Optic-Electronics Technology 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 Xinguang Optic-Electronics Technology 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 Xinguang Optic-Electronics Technology a dividend aristocrat?
Harbin Xinguang Optic-Electronics Technology 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 Xinguang Optic-Electronics Technology a dividend king?
Harbin Xinguang Optic-Electronics Technology 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 Xinguang Optic-Electronics Technology a dividend stock?
No, Harbin Xinguang Optic-Electronics Technology 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 Xinguang Optic-Electronics Technology stocks?
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Place an order: Use the brokerage's trading platform to place an order to buy Harbin Xinguang Optic-Electronics Technology 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 Xinguang Optic-Electronics Technology 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.