Leader Harmonious Drive Systems Co., Ltd. engages in the research, development, design, production, and sale of precision transmission devices. It offers harmonic reducers, mechatronics actuators, and precision parts for use in manufacturing fields, such as industrial robots, service robots, CNC machine tools, aerospace, medical equipment, semiconductor production equipment, and new energy equipment. The company is based in Suzhou, China.
Leader Harmonious Drive Systems Dividend Announcement
• Leader Harmonious Drive Systems announced a annually dividend of ¥0.30 per ordinary share which will be made payable on 2024-06-13. Ex dividend date: 2024-06-13 • Leader Harmonious Drive Systems annual dividend for 2024 was ¥0.30 • Leader Harmonious Drive Systems annual dividend for 2023 was ¥0.10 • Leader Harmonious Drive Systems's trailing twelve-month (TTM) dividend yield is 0.28% • Leader Harmonious Drive Systems's payout ratio for the trailing twelve months (TTM) is 107.59%
Leader Harmonious Drive Systems current trailing twelve-month (TTM) dividend yield is 0.28%. Interested in purchasing Leader Harmonious Drive Systems stock? Use our calculator to estimate your expected dividend yield:
Leader Harmonious Drive Systems Financial Ratios
P/E ratio261.31
PEG ratio2.35
P/B ratio9.09
ROE3.49%
Payout ratio107.59%
Current ratio2.86
Quick ratio2.15
Cash Ratio0.52
Leader Harmonious Drive Systems Dividend FAQ
How much is the next Leader Harmonious Drive Systems dividend?
Leader Harmonious Drive Systems's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Leader Harmonious Drive Systems dividend. The next Leader Harmonious Drive Systems dividend will be released in June.
When is Leader Harmonious Drive Systems dividend paid?
Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems pay?
The specific amount of Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems's dividend history.
Does Leader Harmonious Drive Systems stock pay dividends?
Yes, Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems's dividend history.
How much dividend does Leader Harmonious Drive Systems pay?
Leader Harmonious Drive Systems paid ¥0.3 in 2024, ¥0.1 in 2023, ¥0.91 in 2022, ¥0.25 in 2021, and ¥0.0 in 2020.
How often does Leader Harmonious Drive Systems pay dividends?
Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems's dividend yield?
The current dividend yield for Leader Harmonious Drive Systems is 0.28%. 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 Leader Harmonious Drive Systems's exact dividend yield.
When does Leader Harmonious Drive Systems go ex dividend?
Leader Harmonious Drive Systems's ex-dividend date for the latest dividend was on 2024-06-13. Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems dividend paid?
Leader Harmonious Drive Systems pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems dividend per share?
Leader Harmonious Drive Systems paid ¥0.3 per share in 2024 and ¥0.1 per share in 2023. The amount of dividend per share that Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems a dividend stock?
Yes, Leader Harmonious Drive Systems is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Leader Harmonious Drive Systems a good dividend stock?
Whether Leader Harmonious Drive Systems is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Leader Harmonious Drive Systems has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems pay dividends monthly?
Leader Harmonious Drive Systems typically pays dividends on a annually basis.
Does Leader Harmonious Drive Systems pay dividends quarterly?
Leader Harmonious Drive Systems currently pays dividends on a annually basis.
Has Leader Harmonious Drive Systems ever paid a dividend?
Yes, Leader Harmonious Drive Systems has a history of paying dividends to its shareholders. Leader Harmonious Drive Systems is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Leader Harmonious Drive Systems dividend stocks?
To buy Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems pay dividends 2024?
Leader Harmonious Drive Systems pays dividends on a annually basis. 2024 dividend payments are in 2024-06-13. 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 Leader Harmonious Drive Systems increase its dividend in 2024?
Decisions regarding Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems dividend overview you can look into the above table of dividend history.
How Leader Harmonious Drive Systems dividend works?
The Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems's dividend process works:
1. Determination of Dividend: Leader Harmonious Drive Systems'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, Leader Harmonious Drive Systems 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, Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems dividends paid?
Leader Harmonious Drive Systems dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Leader Harmonious Drive Systems 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, Leader Harmonious Drive Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems pay dividends?
Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems pay dividends?
The general pattern is that Leader Harmonious Drive Systems 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 Leader Harmonious Drive Systems dividend safe?
The safety of Leader Harmonious Drive Systems'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 Leader Harmonious Drive Systems'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 Leader Harmonious Drive Systems'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.