Harley-Davidson Inc (HOG) Plans Dividend of $0.37

Harley-Davidson Inc (NYSE:HOG) declared a dividend on Tuesday, February 6th, Fidelity reports. Investors of record on Wednesday, February 14th will be given a dividend of 0.37 per share on Friday, March 2nd. This represents a yield of 0.00761003702180173%. The ex-dividend date of this dividend is Tuesday, February 13th.

Harley-Davidson has raised its dividend payment by an average of 9.9% per year over the last three years and has raised its dividend every year for the last 7 years. Harley-Davidson has a dividend payout ratio of 42.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Harley-Davidson to earn $4.18 per share next year, which means the company should continue to be able to cover its $1.46 annual dividend with an expected future payout ratio of 34.9%.

Harley-Davidson (HOG) opened at $48.62 on Wednesday. Harley-Davidson has a 1 year low of $44.52 and a 1 year high of $63.40. The company has a debt-to-equity ratio of 2.49, a current ratio of 1.23 and a quick ratio of 1.06. The firm has a market cap of $7,808.90, a price-to-earnings ratio of 13.37, a P/E/G ratio of 1.44 and a beta of 0.84.

Harley-Davidson (NYSE:HOG) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.08. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. Harley-Davidson had a net margin of 10.62% and a return on equity of 31.23%. Harley-Davidson’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the firm posted $0.27 EPS. equities analysts anticipate that Harley-Davidson will post 3.8 earnings per share for the current year.

Several brokerages have commented on HOG. ValuEngine lowered shares of Harley-Davidson from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Zacks Investment Research lowered shares of Harley-Davidson from a “buy” rating to a “hold” rating in a research report on Monday. Wedbush decreased their target price on shares of Harley-Davidson to $49.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 10th. Stifel Nicolaus decreased their target price on shares of Harley-Davidson from $54.00 to $49.00 and set a “hold” rating on the stock in a research report on Wednesday, January 31st. Finally, Wells Fargo & Co decreased their target price on shares of Harley-Davidson from $59.00 to $53.00 and set an “outperform” rating on the stock in a research report on Thursday, February 1st. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have given a buy rating to the company’s stock. Harley-Davidson presently has an average rating of “Hold” and a consensus price target of $52.00.

In other news, VP Paul J. Jones sold 870 shares of Harley-Davidson stock in a transaction on Monday, February 5th. The stock was sold at an average price of $47.62, for a total transaction of $41,429.40. Following the completion of the transaction, the vice president now owns 3,399 shares of the company’s stock, valued at approximately $161,860.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.70% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Community Financial News and is the property of of Community Financial News. If you are accessing this report on another publication, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this report can be read at https://www.com-unik.info/2018/02/07/harley-davidson-inc-hog-plans-dividend-of-0-37.html.

Harley-Davidson Company Profile

Harley-Davidson, Inc is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) and the Financial Services. The Motorcycles segment consists of HDMC, which designs, manufactures and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise and related services.

Dividend History for Harley-Davidson (NYSE:HOG)

Receive News & Ratings for Harley-Davidson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harley-Davidson and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit