Highway Holdings Ltd (HIHO) Declares Quarterly Dividend of $0.04
Highway Holdings Ltd (NASDAQ:HIHO) announced a quarterly dividend on Monday, February 3rd, AmericanBankingNews.com reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.04 per share on Friday, March 28th. This represents a $0.16 annualized dividend and a dividend yield of 5.99%.
Shares of Highway Holdings Ltd (NASDAQ:HIHO) opened at 2.67 on Monday. Highway Holdings Ltd has a one year low of $1.65 and a one year high of $5.08. The stock has a 50-day moving average of $2.97 and a 200-day moving average of $2.47. The company has a market cap of $10.1 million and a P/E ratio of 14.05.
Highway Holdings Ltd (NASDAQ:HIHO) last posted its quarterly earnings results on Monday, January 27th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $5.82 million for the quarter, compared to the consensus estimate of $5.62 million.
Highway Holdings Limited is a holding company. The Company, as of March 31, 2012, conducted all its operations through five controlled subsidiaries that carry out the Company’s business from Hong Kong and the Company’s sole factory in Shenzhen, China.
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