HIGHWAY HOLDINGS DECLARES US$0.05 CASH DIVIDEND PER SHARE; COMPANY SETS DIVIDEND RECORD AND DISTRIBUTION DATES
Highway Holdings (Nasdaq: HIHO) announced that its Board of Directors has declared a cash dividend of US$0.05 per common share.
Rhea-AI Summary
Highway Holdings (Nasdaq: HIHO) announced that its Board of Directors has declared a cash dividend of US$0.05 per common share. The dividend is scheduled to be paid on September 22, 2026 to shareholders of record as of August 8, 2026. Management stated this reflects a strengthened financial position and confidence in the company’s future.
Positive
- US$0.05 per share cash dividend declared by the Board
- Dividend record date August 8, 2026 with payment on September 22, 2026
Negative
- None.
Details
News Market Reaction – HIHO
On Jul 27, the day this news came out, HIHO closed 8.65% above the previous close. Argus tracked a peak move of +9.3% during that session. Argus tracked a trough of -5.1% from its starting point during tracking. Our momentum scanner recorded 15 alerts for this stock that day.
Data tracked by StockTitan Argus for the Jul 27 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Roland Kohl, chairman, president and chief executive officer of Highway Holdings, commented, "We are pleased to declare a dividend that recognizes the loyalty of our shareholders and reflects our strengthened financial position and confidence in the Company's future. We believe the Company finally has reached an important inflection point and is now better positioned to create long-term shareholder value."
About Highway Holdings
Highway Holdings is an international manufacturer of a wide variety of high-quality parts and products for blue chip equipment manufacturers based primarily in Germany. Highway Holdings' administrative office is located in Hong Kong and its manufacturing facilities are located in Germany, Yangon, Myanmar and Shenzhen, China.
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements which involve risks and uncertainties, including but not limited to economic, competitive, governmental, political and technological factors affecting the company's revenues, operations, markets, products and prices, and other factors discussed in the company's various filings with the Securities and Exchange Commission, including without limitation, the company's annual reports on Form 20-F.
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SOURCE Highway Holdings Limited
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