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Highway Holdings (Highway Holdings) Forward Dividend Yield %

: 8.89% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of Highway Holdings is 8.89%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Highway Holdings is 6.67%.

HIHO's Forward Dividend Yield % is ranked better than
97.24% of 1847 companies
in the Industrial Products industry
Industry Median: 1.97 vs HIHO: 8.89

Highway Holdings's Dividends per Share for the three months ended in Dec. 2023 was $0.05.

During the past 12 months, Highway Holdings's average Dividends Per Share Growth Rate was -23.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 35.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Highway Holdings was 65.10% per year. The lowest was -33.30% per year. And the median was 8.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Metal Fabrication subindustry, Highway Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Highway Holdings Forward Dividend Yield % Distribution

For the Industrial Products industry and Industrials sector, Highway Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Highway Holdings's Forward Dividend Yield % falls into.



Highway Holdings Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Highway Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0502024-04-192024-04-222024-05-03Cash DividendquarterlyUSD:USD 1.000000
USD 0.0502023-11-292023-11-302023-12-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002023-06-232023-06-262023-07-12Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Highway Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.2/2.25
=8.89 %

Current Share Price is $2.25.
Highway Holdings's Dividends per Share for the forward twelve months is calculated as $0.05 * 4 = $0.2.

Highway Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.2/2.25
=8.89 %

Current Share Price is $2.25.
Highway Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.2.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Highway Holdings  (NAS:HIHO) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Highway Holdings Forward Dividend Yield % Related Terms

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Highway Holdings (Highway Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Level 18, Landmark North 39 Lung Sum Avenue, Suite No.1801, Sheung Shui, New Territories, Hong Kong, HKG
Highway Holdings Ltd is a holding company. The company is a manufacturer of metal, plastic, electric and electronic components for original equipment manufacturers (OEM) and contract manufacturers. Its operating segment includes Metal stamping and mechanical OEM and Electric OEM. The metal stamping segment focuses on the manufacturing and sale of metal parts and components. The company generates maximum revenue from the Metal stamping and mechanical OEM segment. Geographically, it derives a majority of its revenue from Europe and also has a presence in Hong Kong and China, North America, and Other Asian countries.
Executives
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020

Highway Holdings (Highway Holdings) Headlines

From GuruFocus

Highway Holdings Limited Declares Cash Dividend

By Business Wire Business Wire 08-02-2021

Highway Holdings Limited Declares Cash Dividend

By Business Wire Business Wire 08-26-2020

Highway Holdings Reports Fiscal 2022 Second Quarter Results

By Business Wire Business Wire 10-18-2021

Highway Holdings Limited Declares Cash Dividend

By Business Wire Business Wire 10-25-2021

Highway Holdings Reports Fiscal 2022 First Quarter Results

By Business Wire Business Wire 07-22-2021

Highway Holdings Limited Declares Cash Dividend

By Business Wire Business Wire 02-16-2021