Iconic motorcycle manufacturer Harley-Davidson (NYSE: HOG) has announced an upcoming dividend payment, which further reinforces the company's commitment to providing shareholder value. The announcement made is for a dividend of $0.17 per share, set to be paid on a record date of June 21, 2023. The ex-dividend date is slightly earlier, fixed at June 02, 2023.
An ex-dividend date is a deadline set by the company, after which any newly purchased stocks are ineligible for the upcoming dividend payout. If a shareholder purchases HOG stock on or after this ex-dividend date, they will not receive the next dividend payment. Conversely, if a prospective investor purchases HOG stock before this date, they will be entitled to the upcoming dividend payout.
The prior dividend payout of an identical amount, $0.17 per share, occurred on March 20, 2023. This consistent dividend payout rate is a positive sign for investors, as it demonstrates stability in the company's financial standing and its ability to maintain its dividend policy.
When assessing the potential implications of Harley-Davidson's dividend strategy, it is essential to consider the broader financial picture. Stable and consistent dividend payouts are often seen as indicators of a company's financial health, and can be attractive to investors seeking regular income.
Harley-Davidson's ability to maintain its dividend payouts over time suggests the company has reliable, steady cash flows and a sustainable business model. Companies with strong financial health are usually better positioned to weather market downturns and can reinvest in growth opportunities to enhance future shareholder value.
Investors should, however, also consider the dividend yield, which is the annual dividend payment divided by the stock’s price. This metric will help investors determine if the dividend payment provides a worthwhile return on investment. Given the consistent dividend of $0.17, investors should monitor the stock’s price to ensure it aligns with their expected yield.
It is important to remember that while dividends can provide a steady income stream, they are not guaranteed. The company's board can decide to decrease or suspend dividend payouts if it deems necessary, especially in situations where cash needs to be conserved or reinvested back into the business.
As always, it's recommended that potential investors conduct thorough research or seek professional advice before making any investment decisions. Factors to consider include not only dividend payouts but also the company's financial health, the industry outlook, and personal investment objectives.
Harley-Davidson's announced dividend payment reinforces the brand's strength and its commitment to its shareholders, making HOG a potentially compelling option for dividend-focused investors. As with any investment, it's vital to consider a broad range of factors and not focus solely on the dividends when deciding whether to invest in Harley-Davidson.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where HOG declined for three days, in of 325 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Aroon Indicator for HOG entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator entered the oversold zone -- be on the watch for HOG's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HOG advanced for three days, in of 292 cases, the price rose further within the following month. The odds of a continued upward trend are .
HOG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.828) is normal, around the industry mean (48.917). P/E Ratio (8.943) is within average values for comparable stocks, (55.184). Projected Growth (PEG Ratio) (4.619) is also within normal values, averaging (2.499). Dividend Yield (0.015) settles around the average of (0.021) among similar stocks. P/S Ratio (1.083) is also within normal values, averaging (5.104).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. HOG’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HOG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of motorcycles, parts and accessories
Industry RecreationalProducts