SmarterDividends
HIHO

Highway Holdings Limited

HIHO

Industrials · Metal Fabrication · Stock · semiannual payer

$0.77

Undervalued · +143% Add to Portfolio

Forward Yield

25.93%

Annual Dividend

$0.20

Payout Ratio

600%

5-Yr Growth

—

Ex-Date

Aug 10, 2026

Frequency

Semiannual

Key facts about HIHO's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Highway Holdings Limited (HIHO) has a forward dividend yield of 25.93%, based on an annual dividend of $0.20 per share and a share price of $0.77.
  • As of Oct 18, 2026, HIHO's dividend safety grade from SmarterDividends is D (41 out of 100), which rates the dividend as unsafe.
  • HIHO last cut its regular dividend in 2024.
  • HIHO's most recent ex-dividend date was Aug 10, 2026, for a dividend of $0.0500 per share.
  • As of Oct 18, 2026, HIHO's 25.93% yield is 280% above its five-year average yield of 6.82%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for HIHO is $1.87 per share, 143% above the $0.77 share price, so HIHO screens as undervalued.
  • Highway Holdings Limited (HIHO) pays its dividend semiannual, 2 times a year.
Cite this page

SmarterDividends, "HIHO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/HIHO

Summary

As of Oct 18, 2026, Highway Holdings Limited (HIHO) yields 25.93% ($0.20 a year per share) and has a dividend safety grade of D (41/100).

Is HIHO a good dividend stock?

Higher risk

Highway Holdings Limited (HIHO) pays a semiannual dividend yielding 25.93% ($0.20/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

Advantages

    Risks

    • Cut its dividend in 2024
    • Elevated payout ratio (600%)
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    25.93%
    Payout Ratio
    600%
    Annual Dividend
    $0.20
    5-Yr Avg Growth
    —
    Ex-Dividend Date
    Aug 10, 2026
    Years of Growth
    0
    Frequency
    semiannual
    Beta
    0.50
    Market Cap
    $3.6M
    P/E Ratio
    —
    5-Yr Total Return
    -81%
    52-Week Range
    $0.60 – $2.21
    Dividend Safety
    D · 41/100
    Ever Cut?
    Yes (2024)

    HIHO dividend changes

    Highway Holdings Limited (HIHO) pays a variable dividend: across the 51 payments on record since 1998, 15 were higher than the one before and 15 lower. The latest change was up 150.0% to $0.0500 per share, going ex-dividend on Aug 10, 2026.

    Ex-dateChangeOld → newMove
    Aug 10, 2026Higher$0.0200 → $0.0500+150.0%
    Oct 4, 2024Lower$0.0500 → $0.0200−60.0%
    Dec 14, 2022Lower$0.0600 → $0.0500−16.7%
    Mar 7, 2022Lower$0.0600 → $0.0500−16.7%
    Nov 1, 2021Higher$0.0200 → $0.0600+200.0%
    Feb 26, 2021Lower$0.100 → $0.0200−80.0%
    Nov 2, 2020Lower$0.0800 → $0.0600−25.0%
    Sep 25, 2020Higher$0.0500 → $0.100+100.0%
    Mar 30, 2020Lower$0.100 → $0.0800−20.0%
    Dec 21, 2018Lower$0.100 → $0.0500−50.0%
    Aug 27, 2018Higher$0.0600 → $0.100+66.7%
    Mar 27, 2018Higher$0.0600 → $0.100+66.7%
    Every HIHO payment →Download every raise and cut (CSV)
    HIHO ex-dividend date & scheduleNext ex-date Aug 10, 2026 · full ex-dividend historyView →HIHO dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is HIHO a good dividend stock?

    Higher risk. Highway Holdings Limited (HIHO) pays a semiannual dividend yielding 25.93% ($0.20/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

    Is HIHO undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HIHO's fair value is about $1.87 versus a $0.77 share price — so it looks undervalued (+143% vs. fair value).

    Is HIHO's dividend safe?

    HIHO has a dividend-safety grade of D (41/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

    What is HIHO's fair value?

    Our blended fair-value estimate for HIHO is about $1.87 per share, roughly 143% above the current $0.77 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is HIHO a buy, hold, or sell?

    We don't issue formal ratings, but on the data HIHO screens as "higher risk" and undervalued. Highway Holdings Limited (HIHO) pays a semiannual dividend yielding 25.93% ($0.20/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk. This is research for your own analysis, not investment advice.

    Will HIHO cut its dividend?

    HIHO earns a dividend-safety grade of D (41/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does HIHO pay a dividend?

    Yes. Highway Holdings Limited pays a semiannual dividend of about $0.20 per share annually, a forward yield of roughly 25.93%.

    What is HIHO's dividend yield?

    As of Oct 18, 2026, HIHO's forward dividend yield is 25.93%, based on a $0.20 annual dividend and a $0.77 share price.

    What is HIHO's dividend per share?

    As of Oct 18, 2026, HIHO pays $0.20 per share per year, distributed on a semiannual basis.

    What is HIHO's dividend payout ratio?

    As of Oct 18, 2026, HIHO's payout ratio is 600% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has HIHO grown its dividend?

    HIHO does not currently have a long dividend-growth streak on record.

    When is the next HIHO ex-dividend date?

    As of Oct 18, 2026, HIHO's next ex-dividend date hasn't been announced. The most recent was Aug 10, 2026, for $0.0500 per share.

    Income Calculator

    At $0.20 / yr per share

    Per payment (semiannual)$10.00
    Annual$20.00
    Monthly avg$1.67

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