Highway Holdings Limited Declares Cash Dividend

Rhea-AI Summary

Highway Holdings Limited (Nasdaq: HIHO) has announced a cash dividend of $0.06 per share on its common stock. The dividend is set to be paid on November 24, 2021 to shareholders on record as of November 2, 2021. Highway Holdings specializes in manufacturing quality parts for major equipment manufacturers, with administrative offices in Hong Kong and production facilities in Myanmar and China.

Positive

• Declaration of a cash dividend of $0.06 per share, showing commitment to returning value to shareholders.
• Dividend payment scheduled for November 24, 2021, provides assurance of income for shareholders.

Negative

• None.

HONG KONG--(BUSINESS WIRE)-- Highway Holdings Limited (Nasdaq:HIHO) today announced its board of directors has declared a cash dividend of $0.06 per share on the company’s common stock. The dividend will be paid on November 24, 2021 to shareholders of record on November 2, 2021.

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/20211025005195/en/

Gary S. Maier

(310) 471-1288

Source: Highway Holdings Limited

FAQ

What is the dividend amount announced by Highway Holdings Limited?

Highway Holdings Limited has announced a cash dividend of $0.06 per share.

When will the dividend be paid to shareholders of Highway Holdings?

The dividend will be paid on November 24, 2021.

What is the record date for the dividend payment by Highway Holdings?

The record date for the dividend payment is November 2, 2021.

Where are Highway Holdings' manufacturing facilities located?

Highway Holdings has manufacturing facilities in Myanmar and China.