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Harris Technology Group Limited engages in the technology distribution and online retailing businesses in Australia. It is involved in the online retail of IT products and consumer electronics. The company sells its products through own eCommerce site ht.com.au, as well as online marketplace platforms, such as Amazon, eBay, Catch, and others. Harris Technology Group Limited was founded in 1986 and is headquartered in Hallam, Australia.

Harris Technology Dividend Announcement

Harris Technology does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Harris Technology dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Harris Technology Dividend History

Harris Technology Dividend Yield

Harris Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Harris Technology stock? Use our calculator to estimate your expected dividend yield:

Harris Technology Financial Ratios

P/E ratio-2.34
PEG ratio0.02
P/B ratio2.09
ROE-73.17%
Payout ratio0.00%
Current ratio2.03
Quick ratio0.91
Cash Ratio0.33

Harris Technology Dividend FAQ

Does Harris Technology stock pay dividends?
Harris Technology does not currently pay dividends to its shareholders.
Has Harris Technology ever paid a dividend?
No, Harris Technology has no a history of paying dividends to its shareholders. Harris Technology is not known for its dividend payments.
Why doesn't Harris Technology pay dividends?
There are several potential reasons why Harris 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.
Will Harris 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 Harris 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 Harris Technology a dividend aristocrat?
Harris 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 Harris Technology a dividend king?
Harris 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 Harris Technology a dividend stock?
No, Harris 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 Harris Technology stocks?
To buy Harris Technology 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Harris 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.