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Harrys Manufacturing Inc., together with its subsidiaries, manufactures, sells, and distributes tobacco products. It offers tobacco cigarettes and ingredients. The company was formerly known as Westridge Resources Inc. and changed its name to Harrys Manufacturing Inc. in October 2018. Harrys Manufacturing Inc. was incorporated in 2007 and is based in Vancouver, Canada.

Harrys Manufacturing Dividend Announcement

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

Harrys Manufacturing Dividend History

Harrys Manufacturing Dividend Yield

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

Harrys Manufacturing Financial Ratios

P/E ratio-5.79
PEG ratio6.13
P/B ratio-6.03
ROE144.22%
Payout ratio0.00%
Current ratio0.16
Quick ratio0.16
Cash Ratio0.01

Harrys Manufacturing Dividend FAQ

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