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Suzhou Harmontronics Automation Technology Co., Ltd engages in the research, design, development, sale, and servicing of intelligent manufacturing equipment and systems in China and internationally. The company was founded in 2007 and is based in Suzhou, China.

Suzhou Harmontronics Automation Technology Dividend Announcement

Suzhou Harmontronics Automation Technology announced a annually dividend of ¥0.18 per ordinary share which will be made payable on 2023-06-08. Ex dividend date: 2023-06-08
Suzhou Harmontronics Automation Technology annual dividend for 2023 was ¥0.18
Suzhou Harmontronics Automation Technology 's trailing twelve-month (TTM) dividend yield is -%
Suzhou Harmontronics Automation Technology 's payout ratio for the trailing twelve months (TTM) is -9.93%

Suzhou Harmontronics Automation Technology Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-08¥0.18annually2023-06-08
2021-07-05¥0.17annually2021-07-05
2020-06-17¥0.28annually2020-06-17

Suzhou Harmontronics Automation Technology Dividend per year

Suzhou Harmontronics Automation Technology Dividend Yield

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

Suzhou Harmontronics Automation Technology Financial Ratios

P/E ratio-5.27
PEG ratio-0.02
P/B ratio1.53
ROE-25.23%
Payout ratio-9.93%
Current ratio1.11
Quick ratio0.66
Cash Ratio0.14

Suzhou Harmontronics Automation Technology Dividend FAQ

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