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Highway Holdings Declares $0.02 Cash Dividend per Share; Company Sets Dividend Record and Distribution Dates

Core Points - Highway Holdings Limited declared a cash dividend of $0.02 per common share, to be paid on October 11, 2024, to shareholders of record on October 4, 2024 [1] - The company aims to consistently return capital to shareholders while focusing on unlocking greater value in varying market conditions [1] - Although the company has not fully returned to pre-COVID business levels, there are signs of improvement, and it maintains financial strength, boosting confidence in long-term prospects [1] Company Overview - Highway Holdings is an international manufacturer of various quality parts and products primarily for blue chip equipment manufacturers based in Germany [2] - The company's administrative offices are located in Hong Kong, with manufacturing facilities in Yangon, Myanmar, and Shenzhen, China [2]