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Harbin Electric Declares Final Dividend for 2024

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Harbin Electric Declares Final Dividend for 2024

Harbin Electric Co. Ltd. Class H ( (HK:1133) ) just unveiled an announcement.

Harbin Electric Company Limited announced a final cash dividend of RMB 0.227 per share for the financial year ending December 31, 2024, payable in HKD at an exchange rate of RMB 1 to HKD 1.083. The dividend payment is subject to a withholding tax rate of 10-20% for non-resident shareholders, with specific provisions for those residing in jurisdictions with tax treaties with the PRC. This announcement reflects the company’s commitment to returning value to its shareholders and may impact investor sentiment positively.

More about Harbin Electric Co. Ltd. Class H

Harbin Electric Co. Ltd. Class H operates in the electrical equipment industry, focusing on the production and distribution of electric power generation equipment and related services. The company primarily serves markets requiring advanced power equipment solutions.

YTD Price Performance: 56.67%

Average Trading Volume: 685

Technical Sentiment Signal: Sell

Current Market Cap: €1.06B

For detailed information about 1133 stock, go to TipRanks’ Stock Analysis page.

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