Highway Holdings Limited (NASDAQ:HIHO) declared quarterly dividend of $ 0.06 per share, or $ 0.24 annualized.
The dividend will be payable on November 25, 2020, to stockholders of record on November 3, 2020, with an ex-dividend date of November 2, 2020.
Dividends History
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Highway Holdings Limited recently reported first quarter financial results on August 31, 2020, before market open, the Sheung Shui based company unveiled loss for the first quarter of $ 0.06 per share, from the revenue of $ 2.06 million.
Stock Performance
Shares of Highway Holdings Limited traded low $ -0.06 or -1.86 percent on Thursday, reaching $ 3.17 with volume of 12.00 thousand shares. The stock opened down for the day at $ 3.20, after closing the previous day trading at $ 3.23.
According to the previous trading day, closing price of $ 3.23, representing a 108.39 % increase from the 52 week low of $ 1.55 and a 34.75 % decrease over the 52 week high of $ 4.95.
The company has a market capital of $ 12.59 million and is part of the Industrials sector and Metal Fabrication industry.
Highway Holdings Limited, through its subsidiaries, manufactures and supplies metal, plastic, electric, and electronic components, subassemblies, and finished products for original equipment manufacturers (OEM) and contract manufacturers. The company operates in two segments, Metal Stamping and Mechanical OEM, and Electric OEM. It also engages in the trade of plastic injection products; and manufactures and assembles metal, plastic, mold, and electronic products, as well as automation equipment.