UPDATE: HIGHWAY HOLDINGS UPDATES RECORD DATE FOR US$0.05 CASH DIVIDEND PER SHARE
Rhea-AI Summary
Highway Holdings (Nasdaq: HIHO) updated the record date for its previously declared US$0.05 per common share cash dividend. The dividend will be paid on September 22, 2026 to shareholders of record on August 10, 2026, instead of August 8, 2026. According to the company, the dividend reflects its strengthened financial position and confidence in its future prospects.
Positive
- US$0.05 per share cash dividend declared for common shareholders
- Dividend payment date set for September 22, 2026
- Management cites strengthened financial position supporting the dividend
- Company signals confidence in future and long-term shareholder value
Negative
- None.
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