Highway Holdings Limited to Issue Quarterly Dividend of $0.05 (NASDAQ:HIHO)

Highway Holdings Limited (NASDAQ:HIHOGet Free Report) declared a quarterly dividend on Tuesday, April 2nd, Zacks reports. Investors of record on Monday, April 22nd will be paid a dividend of 0.05 per share by the industrial products company on Friday, May 3rd. This represents a $0.20 annualized dividend and a yield of 9.43%. The ex-dividend date of this dividend is Friday, April 19th.

Highway has decreased its dividend payment by an average of 14.5% per year over the last three years.

Highway Price Performance

NASDAQ HIHO opened at $2.12 on Wednesday. Highway has a 12 month low of $1.80 and a 12 month high of $3.08. The company has a 50-day moving average of $2.07 and a 200-day moving average of $2.03. The company has a market cap of $9.31 million, a P/E ratio of -8.83 and a beta of 0.09.

Highway (NASDAQ:HIHOGet Free Report) last posted its quarterly earnings data on Thursday, February 1st. The industrial products company reported $0.07 EPS for the quarter. Highway had a negative net margin of 11.19% and a negative return on equity of 12.14%. The company had revenue of $4.11 million during the quarter.

Highway Company Profile

(Get Free Report)

Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM.

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Dividend History for Highway (NASDAQ:HIHO)

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