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. The company also trades in plastic injection products; and manufactures and assembles automation equipment. Its products are used in the manufacture of products, such as photocopiers, laser printers, print cartridges, electrical connectors, electrical circuits, vacuum cleaners, LED power supplies, stepping motors, pumps for dishwashers, and other washing machine components. In addition, the company assists customers in the design and development of the tooling used in the metal and plastic manufacturing process, as well as provides an array of other manufacturing and engineering services, including metal stamping, screen printing, plastic injection molding, pad printing, and electronic assembly of printed circuit boards. It operates in Hong Kong and China, Europe, North America, and other Asian countries. Highway Holdings Limited was incorporated in 1990 and is headquartered in Sheung Shui, Hong Kong.
Highway Dividend Announcement
• Highway announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2024-12-24. Ex dividend date: 2024-12-12
• Highway annual dividend for 2024 was $0.12
• Highway annual dividend for 2023 was $0.15
• Highway's trailing twelve-month (TTM) dividend yield is 6.22%
Highway Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-12 | $0.05 | quarterly | 2024-12-24 |
2024-10-04 | $0.02 | quarterly | 2024-12-24 |
2024-04-19 | $0.05 | quarterly | 2024-05-03 |
2023-11-29 | $0.05 | quarterly | 2023-12-23 |
2023-06-23 | $0.10 | quarterly | 2023-07-12 |
2022-12-14 | $0.05 | quarterly | 2023-01-05 |
2022-09-29 | $0.15 | quarterly | 2022-10-07 |
2022-03-07 | $0.05 | quarterly | 2022-04-08 |
2021-11-01 | $0.06 | quarterly | 2021-11-24 |
2021-09-03 | $0.06 | quarterly | 2021-10-12 |
2021-02-26 | $0.02 | quarterly | 2021-04-08 |
2020-11-02 | $0.06 | quarterly | 2020-11-25 |
2020-09-25 | $0.10 | quarterly | 2020-10-13 |
2020-03-30 | $0.08 | quarterly | 2020-04-06 |
2018-12-21 | $0.05 | quarterly | 2019-01-16 |
2018-09-28 | $0.10 | quarterly | 2018-10-22 |
2018-08-27 | $0.10 | quarterly | 2018-10-10 |
2018-03-27 | $0.10 | quarterly | 2018-04-16 |
2017-12-07 | $0.06 | quarterly | 2017-12-22 |
2017-09-14 | $0.06 | quarterly | 2017-10-09 |
2017-07-26 | $0.10 | quarterly | 2017-08-18 |
2017-03-14 | $0.07 | quarterly | 2017-04-10 |
2016-09-22 | $0.10 | quarterly | 2016-10-25 |
2016-08-11 | $0.20 | quarterly | 2016-09-15 |
2016-03-21 | $0.10 | quarterly | 2016-04-18 |
2015-12-04 | $0.10 | quarterly | 2015-12-24 |
2015-08-21 | $0.10 | quarterly | 2015-09-15 |
2015-07-09 | $0.10 | quarterly | 2015-08-10 |
2015-03-05 | $0.10 | quarterly | 2015-04-16 |
2014-11-25 | $0.10 | quarterly | 2014-12-22 |
2014-08-18 | $0.05 | quarterly | 2014-09-01 |
2014-07-24 | $0.05 | quarterly | 2014-08-08 |
2014-02-27 | $0.04 | quarterly | 2014-03-28 |
2013-12-10 | $0.04 | quarterly | 2013-12-24 |
2013-09-23 | $0.04 | quarterly | 2013-10-09 |
2013-03-26 | $0.03 | quarterly | 2013-04-15 |
2012-12-19 | $0.03 | quarterly | 2012-12-28 |
2012-08-29 | $0.03 | quarterly | 2012-10-10 |
2012-07-30 | $0.03 | quarterly | 2012-09-10 |
Highway Dividend per year
Highway Dividend growth
Highway Dividend Yield
Highway current trailing twelve-month (TTM) dividend yield is 6.22%. Interested in purchasing Highway stock? Use our calculator to estimate your expected dividend yield:
Highway Financial Ratios
Highway Dividend FAQ
Other factors to consider when evaluating Highway as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Highway's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Highway publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Highway distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Highway are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Highway sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Highway distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Highway declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Highway's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Highway's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.