Highway Holdings Limited (NASDAQ:HIHO – Get Free Report) announced 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 dividend on an annualized basis and a dividend yield of 9.30%. The ex-dividend date of this dividend is Friday, April 19th.
Highway has decreased its dividend by an average of 5.9% annually over the last three years.
Highway Price Performance
HIHO opened at $2.15 on Thursday. Highway has a 52 week low of $1.80 and a 52 week high of $3.08. The business’s fifty day simple moving average is $2.10 and its 200 day simple moving average is $2.04.
Highway Company Profile
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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