Highway Holdings Limited (NASDAQ:HIHO – Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.93 and traded as high as $1.96. Highway shares last traded at $1.93, with a volume of 16,692 shares traded.
Highway Stock Performance
The business’s 50-day simple moving average is $1.94 and its 200-day simple moving average is $1.93.
Highway Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Thursday, December 12th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, December 12th. This is a positive change from Highway’s previous quarterly dividend of $0.02. This represents a $0.20 dividend on an annualized basis and a yield of 10.39%. Highway’s dividend payout ratio (DPR) is currently -166.67%.
Highway Company Profile
Highway Holdings Limited, together with its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEMs) and contract manufacturers. It operates through two segments, Metal Stamping and Mechanical OEM; and Electric OEM.
Featured Articles
- Five stocks we like better than Highway
- Stock Market Sectors: What Are They and How Many Are There?
- Earn High Dividends With 2 Top REITs Set to Perform in 2025
- Why Invest in 5G? How to Invest in 5G Stocks
- Oilfield Leader SLB: An AI Name You Need to Know
- What Are Dividend Achievers? An Introduction
- Top ETFs That Beat the Market in 2024 and Could Do It Again
Receive News & Ratings for Highway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Highway and related companies with MarketBeat.com's FREE daily email newsletter.
