Highway Holdings: Dividend Insights
Portfolio Pulse from Benzinga Insights
Highway Holdings (NASDAQ:HIHO) announced a quarterly dividend of 5 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, to be paid on December 23, 2023. The stock is expected to open 5 cents lower on the ex-dividend date.
November 24, 2023 | 2:45 pm
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Highway Holdings is set to pay a quarterly dividend of 5 cents per share, with shares expected to open lower by the dividend amount on the ex-dividend date.
The stock price of HIHO is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence when stocks go ex-dividend.
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IMPORTANCE 75
RELEVANCE 100