Harley-Davidson Company (NYSE: HOG) declared its quarterly dividend of $0.15 on Thursday, 20th May. This is according to the report of Zacks Research. On Thursday, 10th June record stockholders of that day will be getting a $0.15 quarterly dividend for every share they hold on Friday, 25th June. This translates to an annualized dividend of $0.60 along with a 1.25% dividend yield. The date of payment of ex-dividends is Wednesday, 9th June. The HOG stock has dropped the dividend payment usually made by the company by almost 69.9 percent during the past 3 years. The HOG stock has however increased its dividend payment annually during the past consecutive years.
Ratings Provided By Other Brokerages On The HOG Stock
The stock has been the subject of several brokerage firm reports. The Royal Canada Bank has elevated their target price from $45.00 – $48.00 while setting a rating of “sector perform” on the stock of the company in their research note on Tuesday. The American Bank started its coverage on the HOG stock in their research note on Tuesday, 20th April. The bank issued a rating of “buy” while setting a price objective of $55.00 on the company’s stock.
BMO markets raised their target price on the company’s stock from $40.00 – $54.00 in their research report on Wednesday, 21st April. DA Davidson began its coverage on the HOG stock in their research note on Wednesday, 14th April. The company set a target price of $55.00 while issuing a rating of “buy” on the company’s stock. Lastly, Citigroup Inc. raised its price target from $39.00 – $55.00 while setting a rating of “buy” on the company’s stock in their research note of Monday, 17th May.
