GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Highway Holdings Ltd (NAS:HIHO) » Definitions » Dividend Yield %

Highway Holdings (Highway Holdings) Dividend Yield %

: 6.99% (As of Today)
View and export this data going back to 1996. Start your Free Trial

As of today (2024-04-17), the Trailing Annual Dividend Yield of Highway Holdings is 6.99%.

Warning Sign:

Highway Holdings Ltd stock dividend yield is close to 2-year low.

The historical rank and industry rank for Highway Holdings's Dividend Yield % or its related term are showing as below:

HIHO' s Dividend Yield % Range Over the Past 10 Years
Min: 2.07   Med: 6.77   Max: 15.87
Current: 6.99

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%.

HIHO's Dividend Yield % is ranked better than
95.84% of 1852 companies
in the Industrial Products industry
Industry Median: 1.78 vs HIHO: 6.99

Highway Holdings's Dividend Payout Ratio for the three months ended in Dec. 2023 was 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.

As of today (2024-04-17), the Forward Dividend Yield % of Highway Holdings is 9.32%.

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.


Highway Holdings Dividend Yield % Historical Data

The historical data trend for Highway Holdings's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Highway Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.54 3.94 6.97 6.74 12.25

Highway Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.09 11.90 12.25 11.86 9.99

Competitive Comparison

For the Metal Fabrication subindustry, Highway Holdings's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution

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

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



Highway Holdings 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 0.0502023-11-292023-11-302023-12-23Cash 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.15/2.146
=6.99 %

Current Share Price is $2.146.
Highway Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.15.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.2/2.146
=9.32 %

Current Share Price is $2.146.
Highway Holdings's Dividends per Share for the forward twelve months is calculated as $0.05 * 4 = $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) 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 Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Highway Holdings's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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 RECEIVES NEW ORDER FROM FORTUNE 500 CUSTOMER

By PRNewswire PRNewswire 11-08-2022

Highway Holdings Limited Declares Cash Dividend

By Business Wire Business Wire 02-07-2022

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

Highway Holdings Limited Declares Cash Dividend

By Business Wire Business Wire 08-26-2020

Highway Holdings Declares $0.10 Cash Dividend per Share

By PRNewswire PRNewswire 05-22-2023