Highway Holdings Declares $0.05 Cash Dividend per Share; Company Sets Dividend Record and Distribution Dates
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Highway Holdings Limited (Nasdaq: HIHO) has declared a cash dividend of $0.05 per share, payable on December 24, 2024, to shareholders of record on December 12, 2024.
November 11, 2024 | 12:15 pm
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Highway Holdings has announced a $0.05 cash dividend per share, with a record date of December 12, 2024, and a payment date of December 24, 2024.
The announcement of a cash dividend is generally seen as a positive signal, indicating the company's profitability and willingness to return value to shareholders. This could lead to a short-term increase in stock price as investors may buy shares to be eligible for the dividend.
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IMPORTANCE 80
RELEVANCE 100