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

Highway Holdings (Highway Holdings) Dividend Payout Ratio

: 0.78 (As of Dec. 2023)
View and export this data going back to 1996. Start your Free Trial

Highway Holdings's dividend payout ratio for the months ended in Dec. 2023 was 0.78.

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


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.

HIHO's Dividend Payout Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 0.32
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-04-16), the Dividend Yield % of Highway Holdings is 6.86%.

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

Highway Holdings's Dividends per Share for the 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 Payout Ratio Historical Data

The historical data trend for Highway Holdings's Dividend Payout Ratio 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 Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.46 - 1.52 -

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 Payout Ratio 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 1.55 5.56 - - 0.78

Competitive Comparison

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

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

* The bar in red indicates where Highway Holdings's Dividend Payout Ratio falls into.



Highway Holdings Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Highway Holdings's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2023 )/ EPS without NRI (A: Mar. 2023 )
=0.2/ -0.079
=N/A

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

* 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 Payout Ratio Explanation

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.


Highway Holdings Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Highway Holdings's Dividend Payout Ratio 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 Announces Pilot Program for New Customer

By Business Wire Business Wire 10-05-2020

HIGHWAY HOLDINGS RECEIVES NEW ORDER FROM FORTUNE 500 CUSTOMER

By PRNewswire PRNewswire 11-08-2022

Highway Holdings Reports Fiscal 2022 Fourth Quarter and Year-End Results

By Business Wire Business Wire 06-30-2022

Highway Holdings Limited Declares Cash Dividend

By Business Wire Business Wire 08-26-2020

Highway Holdings Appoints New Directors

By Business Wire Business Wire 04-01-2020

Highway Holdings Limited Declares Cash Dividend

By Business Wire Business Wire 02-07-2022

Highway Holdings Announces Manufacturing Order for Video Gaming Consoles

By Business Wire Business Wire 10-15-2020

Highway Holdings Limited Declares Cash Dividend

By Business Wire Business Wire 08-11-2022