Highway Holdings Limited (HIHO) To Go Ex-Dividend on December 7th
Highway Holdings Limited (NASDAQ:HIHO) declared a quarterly dividend on Monday, November 13th, RTT News reports. Stockholders of record on Friday, December 8th will be given a dividend of 0.06 per share by the industrial products company on Friday, December 22nd. This represents a $0.24 annualized dividend and a dividend yield of 6.00%. The ex-dividend date of this dividend is Thursday, December 7th.
Highway (NASDAQ HIHO) opened at $4.00 on Friday. Highway has a 12-month low of $3.10 and a 12-month high of $4.35. The firm has a market cap of $15.02, a PE ratio of 15.80 and a beta of 0.20.
Highway (NASDAQ:HIHO) last posted its quarterly earnings data on Monday, November 13th. The industrial products company reported $0.06 earnings per share for the quarter. Highway had a net margin of 4.56% and a return on equity of 8.05%. The company had revenue of $4.65 million during the quarter. During the same quarter last year, the business posted ($0.03) EPS.
Separately, TheStreet lowered shares of Highway from a “b-” rating to a “c+” rating in a research report on Friday, August 25th.
Highway Company Profile
Highway Holdings Limited is a holding company. The Company manufactures and supplies various metal, plastic and electric parts, components and products to its original equipment manufacturing (OEM) clients, which are used by the Company’s customers in the manufacturing of products, such as photocopiers, laser printers, compact disc players, laser disc players, computer equipment, electrical components, electrical connectors, vacuum cleaners, light fixtures, electro motors, pumps, automobiles and dishwasher, and other washing machine components.
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