Harley-Davidson hikes dividend by 4.8%

On February 17, 2023, motorcycle maker Harley-Davidson, Inc. (HOG) announced a 4.8% dividend hike to $0.165 quarterly per share. This follows a 5% dividend hike in 2022 and marks the 3rd straight year of dividend growth. HOG however did cut

The dividend is payable March 20, 2023 to the shareholders of record of the Company's common stock as of March 3, 2023. HOG's new annual dividend of 66 cents currently yields 1.4% at a stock price of $48.47. The next ex-dividend date is March 2, 2023.

Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. The company manufactures and sells at wholesale cruiser and touring motorcycles. The Financial Services segment consists of HDFS, which provides wholesale and retail financing and insurance-related programs to the Harley-Davidson dealers and their retail customers. Harley-Davidson has been paying a dividend every year since 1993.