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Harley-Davidson, Inc. Declares Dividend

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Harley-Davidson, Inc. (HOG) declares a cash dividend of $0.1725 per share for the first quarter of 2024, payable on March 20, 2024. The dividend is approved by the Board of Directors and will benefit the shareholders of record as of March 4, 2024.
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Insights

The announcement of a cash dividend by Harley-Davidson represents a direct return on investment for shareholders, signaling the company's current liquidity and profitability status. Dividends are often a reflection of a company's confidence in its financial stability and future earnings. The specific dividend of $0.1725 per share must be evaluated in the context of the company's dividend history, payout ratio and yield. A comparison with industry peers would also provide insights into the company's relative performance and shareholder value proposition.

Investors typically look at dividend announcements as indicators of a company's financial health. A consistent or increasing dividend payout can attract income-focused investors and support the stock price by providing a tangible return. Conversely, if this dividend represents a decrease from previous payouts, it could be a warning sign of possible financial distress or a strategic shift towards retaining more capital for internal investments.

It's also important to note the ex-dividend date, which is the cutoff date to be eligible for the dividend payment. Investors must own the stock before this date to receive the dividend. This date often influences trading behavior, as some investors may purchase shares just to capture the dividend, potentially affecting the stock's volatility around this period.

From a market perspective, Harley-Davidson's dividend declaration can be seen as a message to the market about its performance and strategic priorities. The automotive industry, especially companies like Harley-Davidson that are iconic in the motorcycle segment, is facing multiple challenges, including changing consumer preferences, regulatory pressures for cleaner energy and competition from electric vehicle manufacturers.

Analysing the dividend in the context of these market trends provides insights into how well Harley-Davidson is navigating these challenges. A steady or increased dividend might suggest that the company is adapting effectively, possibly through diversification of its product line, cost management and innovation in new market segments like electric motorcycles.

Furthermore, the response of the stock market to the dividend announcement can serve as a barometer of investor sentiment towards the company. A positive reaction could indicate market approval of the company's financial practices and future outlook, while a negative reaction might reflect concerns about the sustainability of such dividends or the company's growth trajectory.

MILWAUKEE, Feb. 16, 2024 /PRNewswire/ -- The Harley-Davidson, Inc. (NYSE: HOG) Board of Directors has approved a cash dividend of $0.1725 per share for the first quarter of 2024. The dividend is payable March 20, 2024 to the shareholders of record of the Company's common stock as of March 4, 2024.

Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services.

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(PRNewsfoto/Harley-Davidson, Inc.)

 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/harley-davidson-inc-declares-dividend-302064355.html

SOURCE Harley-Davidson, Inc.

FAQ

What is the dividend amount declared by Harley-Davidson, Inc. (HOG) for the first quarter of 2024?

Harley-Davidson, Inc. (HOG) has declared a cash dividend of $0.1725 per share for the first quarter of 2024.

When will the dividend be payable to the shareholders of Harley-Davidson, Inc. (HOG)?

The dividend declared by Harley-Davidson, Inc. (HOG) for the first quarter of 2024 will be payable on March 20, 2024.

Who approved the cash dividend for Harley-Davidson, Inc. (HOG) for the first quarter of 2024?

The Board of Directors of Harley-Davidson, Inc. (HOG) approved the cash dividend of $0.1725 per share for the first quarter of 2024.

What is the record date for the shareholders of Harley-Davidson, Inc. (HOG) to receive the dividend?

The shareholders of record of Harley-Davidson, Inc. (HOG) common stock as of March 4, 2024, will receive the declared dividend.

Harley-Davidson, Inc.

NYSE:HOG

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3.89B
126.10M
0.95%
96.46%
8.13%
Recreational Vehicles
Motorcycles, Bicycles & Parts
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United States of America
MILWAUKEE