Highway Holdings Declares $0.05 Cash Dividend per Share; Company Sets Dividend Record and Distribution Dates

Group 1 - Highway Holdings Limited declared a cash dividend of $0.05 per common share, payable on May 3, 2024, to shareholders of record on April 22, 2024 [1] - The chairman, Roland Kohl, emphasized the company's commitment to building value for investors and maintaining a solid financial foundation while pursuing growth opportunities [1] - The company anticipates gaining added momentum in its business as it progresses through 2024, based on feedback from customers and partners across the supply chain [1] Group 2 - 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]