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Highway Holdings (Highway Holdings) 3-Year Dividend Growth Rate : 35.70% (As of Dec. 2023)


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What is Highway Holdings 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Highway Holdings's 3-Year Dividend Growth Rate or its related term are showing as below:

HIHO' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -33.3   Med: 8.6   Max: 65.1
Current: 35.7

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.

HIHO's 3-Year Dividend Growth Rate is ranked better than
84.22% of 1109 companies
in the Industrial Products industry
Industry Median: 10.9 vs HIHO: 35.70

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Highway Holdings's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.78. As of today, Highway Holdings's Dividend Yield % is 9.52%.

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


Competitive Comparison of Highway Holdings's 3-Year Dividend Growth Rate

For the Metal Fabrication subindustry, Highway Holdings's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Highway Holdings's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Highway Holdings's 3-Year Dividend Growth Rate falls into.



Highway Holdings 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Highway Holdings  (NAS:HIHO) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Highway Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.05/ 0.064
=0.78

During the past 13 years, the highest Dividend Payout Ratio of Highway Holdings was 1.89. The lowest was 0.46. And the median was 0.83.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.2/2.1006
=9.52 %

Current Share Price is $2.1006.
Highway Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.2.

During the past 13 years, the highest Dividend Yield of Highway Holdings was 15.87%. The lowest was 2.07%. And the median was 6.77%.

* 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 3-Year Dividend Growth Rate Related Terms>


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

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