Harley-Davidson, Inc. Declares Quarterly Dividend of $0.19 (NYSE:HOG)

Harley-Davidson, Inc. (NYSE:HOG) declared a quarterly dividend on Thursday, September 3rd. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.1875 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Tuesday, September 15th.

Harley-Davidson has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 5 consecutive years. Harley-Davidson has a dividend payout ratio of 22.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Harley-Davidson to earn $1.67 per share next year, which means the company should continue to be able to cover its $0.75 annual dividend with an expected future payout ratio of 44.9%.

Harley-Davidson Stock Down 0.8%

Harley-Davidson stock opened at $27.60 on Friday. Harley-Davidson has a twelve month low of $17.09 and a twelve month high of $31.25. The stock’s fifty day simple moving average is $26.33 and its 200-day simple moving average is $23.65. The company has a current ratio of 1.90, a quick ratio of 1.70 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $2.87 billion, a P/E ratio of 16.93, a P/E/G ratio of 9.14 and a beta of 1.29.

Harley-Davidson (NYSE:HOG) last released its earnings results on Thursday, July 23rd. The company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.10. Harley-Davidson had a return on equity of 6.28% and a net margin of 4.78%.The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same period last year, the business posted $0.88 earnings per share. Harley-Davidson’s revenue was down 5.9% compared to the same quarter last year. As a group, equities analysts expect that Harley-Davidson will post 0.56 earnings per share for the current fiscal year.

About Harley-Davidson

Harley-Davidson, Inc is a renowned American motorcycle manufacturer best known for its heavyweight cruiser and touring bikes. Founded in 1903 in Milwaukee, Wisconsin, the company has built a strong reputation for producing distinctive motorcycles characterized by their signature V-twin engines, chrome finishes and robust frames. Harley-Davidson markets its products globally through a network of franchised dealerships and focuses on delivering an immersive brand experience to its customers, emphasizing lifestyle and community alongside its motorcycles.

In addition to its core motorcycle business, Harley-Davidson offers an extensive range of parts, accessories and apparel under its Genuine Motor Parts & Accessories and MotorClothes lines.