Highway Holdings Limited Declares Cash Dividend

Rhea-AI Summary

Highway Holdings Limited (HIHO) has declared a cash dividend of $0.15 per share for common stockholders. This dividend will be disbursed on October 7, 2022 to those on record as of September 30, 2022. Highway Holdings is a leading international manufacturer, primarily serving blue-chip equipment manufacturers in Germany, with facilities in Yangon, Myanmar, and Shenzhen, China. The announcement highlights the company's commitment to delivering value to its shareholders.

Positive

• Declared a cash dividend of $0.15 per share, enhancing shareholder returns.
• Dividend payment scheduled shortly, demonstrating financial stability.

Negative

• None.

HONG KONG--(BUSINESS WIRE)-- Highway Holdings Limited (Nasdaq:HIHO) today announced its board of directors has declared a cash dividend of $0.15 per share on the

company’s common stock. The dividend will be paid on October 7, 2022 to shareholders of record on September 30, 2022.

About Highway Holdings

Highway Holdings is an international manufacturer of a wide variety of quality parts products for blue chip equipment manufacturers based primarily in Germany. Highway Holdings’ administrative offices are located in Hong Kong, and its manufacturing facilities are located in Yangon, Myanmar and Shenzhen, China.

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements which involve risks and uncertainties, including but not limited to economic, competitive, governmental, political and technological factors affecting the company's revenues, operations, markets, products and prices, and other factors discussed in the company’s various filings with the Securities and Exchange Commission, including without limitation, the company’s annual reports on Form 20-F.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220811005282/en/

Gary S. Maier

(310) 471-1288

Source: Highway Holdings Limited

FAQ

What is the dividend amount for Highway Holdings Limited (HIHO)?

Highway Holdings Limited has declared a cash dividend of $0.15 per share.

When will the dividend for HIHO be paid?

The dividend will be paid on October 7, 2022.

What is the record date for the HIHO dividend?

The record date for the dividend is September 30, 2022.

How does the dividend announcement reflect HIHO's financial health?

The dividend declaration indicates Highway Holdings' commitment to shareholder returns and suggests financial stability.