Looking at the universe of stocks we cover at Dividend Channel, on 7/24/14, Highway Holdings Ltd. (HIHO) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 8/8/14. As a percentage of HIHO's recent stock price of $3.16, this dividend works out to approximately 1.58%, so look for shares of Highway Holdings Ltd. to trade 1.58% lower — all else being equal — when HIHO shares open for trading on 7/24/14.
Below is a dividend history chart for HIHO, showing historical dividends prior to the most recent $0.05 declared by Highway Holdings Ltd. :
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HIHO is likely to continue, and whether the current estimated yield of 6.33% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HIHO shares, versus its 200 day moving average:Looking at the chart above, HIHO's low point in its 52 week range is $1.82 per share, with $5.08 as the 52 week high point — that compares with a last trade of $3.16.
In Tuesday trading, Highway Holdings Ltd. shares are currently up about 0.3% on the day.