STOCK TITAN

Highway Holdings Limited Declares Cash Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

Highway Holdings Limited (Nasdaq: HIHO) declared a cash dividend of $0.06 per share on its common stock. The dividend payment is scheduled for November 25, 2020, to shareholders of record as of November 3, 2020. This announcement reflects the company’s ongoing commitment to returning value to shareholders. Highway Holdings is an international manufacturer serving blue chip equipment producers in Germany, with operations based in Hong Kong, Yangon, Myanmar, and Shenzhen, China.

Positive
  • Declared a cash dividend of $0.06 per share, showcasing commitment to shareholder returns.
  • Scheduled dividend payment on November 25, 2020, providing immediate income for shareholders.
Negative
  • None.

HONG KONG--()--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 25, 2020 to shareholders of record on November 3, 2020.

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.

Contacts

Gary S. Maier
Maier & Company, Inc.
(310) 471-1288

FAQ

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

The dividend amount is $0.06 per share.

When will the dividend for HIHO be paid?

The dividend will be paid on November 25, 2020.

Who is eligible to receive the dividend for HIHO?

Shareholders of record as of November 3, 2020, are eligible.

How often does Highway Holdings Limited (HIHO) pay dividends?

The press release does not specify the frequency of dividend payments.

Highway Holdings Ltd

NASDAQ:HIHO

HIHO Rankings

HIHO Latest News

HIHO Stock Data

8.54M
2.65M
39.81%
4.16%
1.45%
Metal Fabrication
Industrials
Link
United States of America
Sheung Shui