Harbin Electric Company Limited

SEHK:1133 Stock Report

Market Cap: HK$5.9b

Harbin Electric Dividend

Dividend criteria checks 2/6

Harbin Electric is a dividend paying company with a current yield of 2.14% that is well covered by earnings. Next payment date is on 24th July, 2024 with an ex-dividend date of 13th June, 2024.

Key information

2.1%

Dividend yield

17%

Payout ratio

Industry average yield4.7%
Next dividend pay date24 Jul 24
Ex dividend date13 Jun 24
Dividend per sharen/a
Earnings per shareHK$0.26
Dividend yield forecast in 3Y2.1%

Recent dividend updates

Harbin Electric (HKG:1133) Is Increasing Its Dividend To CN¥0.0573

Apr 19
Harbin Electric (HKG:1133) Is Increasing Its Dividend To CN¥0.0573

Harbin Electric's (HKG:1133) Dividend Will Be Increased To CN¥0.0573

Apr 05
Harbin Electric's (HKG:1133) Dividend Will Be Increased To CN¥0.0573

Recent updates

Harbin Electric (HKG:1133) Is Increasing Its Dividend To CN¥0.0573

Apr 19
Harbin Electric (HKG:1133) Is Increasing Its Dividend To CN¥0.0573

Harbin Electric's (HKG:1133) Dividend Will Be Increased To CN¥0.0573

Apr 05
Harbin Electric's (HKG:1133) Dividend Will Be Increased To CN¥0.0573

Harbin Electric's (HKG:1133) Performance Is Even Better Than Its Earnings Suggest

Apr 04
Harbin Electric's (HKG:1133) Performance Is Even Better Than Its Earnings Suggest

Revenues Tell The Story For Harbin Electric Company Limited (HKG:1133) As Its Stock Soars 28%

Mar 09
Revenues Tell The Story For Harbin Electric Company Limited (HKG:1133) As Its Stock Soars 28%

Harbin Electric (HKG:1133) Has Debt But No Earnings; Should You Worry?

Sep 07
Harbin Electric (HKG:1133) Has Debt But No Earnings; Should You Worry?

Is Harbin Electric (HKG:1133) Using Debt In A Risky Way?

Oct 28
Is Harbin Electric (HKG:1133) Using Debt In A Risky Way?

Does Harbin Electric (HKG:1133) Have A Healthy Balance Sheet?

Jun 01
Does Harbin Electric (HKG:1133) Have A Healthy Balance Sheet?

Is Harbin Electric (HKG:1133) Using Debt Sensibly?

Dec 22
Is Harbin Electric (HKG:1133) Using Debt Sensibly?

Is Harbin Electric (HKG:1133) A Risky Investment?

Aug 29
Is Harbin Electric (HKG:1133) A Risky Investment?

Health Check: How Prudently Does Harbin Electric (HKG:1133) Use Debt?

Mar 26
Health Check: How Prudently Does Harbin Electric (HKG:1133) Use Debt?

Here's Why We Don't Think Harbin Electric's (HKG:1133) Statutory Earnings Reflect Its Underlying Earnings Potential

Jan 31
Here's Why We Don't Think Harbin Electric's (HKG:1133) Statutory Earnings Reflect Its Underlying Earnings Potential

Reflecting on Harbin Electric's (HKG:1133) Share Price Returns Over The Last Five Years

Dec 27
Reflecting on Harbin Electric's (HKG:1133) Share Price Returns Over The Last Five Years

Upcoming Dividend Payment

TodayMay 03 2024Ex Dividend DateJun 13 2024Dividend Pay DateJul 24 202441 days from Ex DividendBuy in the next 41 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 1133's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1133's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Harbin Electric Dividend Yield vs Market
How does 1133 dividend yield compare to the market?
SegmentDividend Yield
Company (1133)2.1%
Market Bottom 25% (HK)3.2%
Market Top 25% (HK)8.0%
Industry Average (Electrical)4.7%
Analyst forecast in 3 Years (1133)2.1%

Notable Dividend: 1133's dividend (2.14%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.22%).

High Dividend: 1133's dividend (2.14%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.01%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.6%), 1133's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (9.7%), 1133's dividend payments are thoroughly covered by cash flows.


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