Harley-Davidson shares
Harley continues with near record dividends as stock price languishes
Harley-Davidson continues to work hard to keep the investor community sweet by paying its highest quarterly dividends since 2008.
Indeed the company is currently sustaining the third highest level of stockholder return in its history, dividends having been as low as $0.10 per share during the recession (March '09 through April '11).
From its historic high of over $74.65 per share in November 2006, Harley's share price has been to the bargain basement and back again during the recession, bottoming out at $8.20 per share in March 2009.
Although the recovery has seen the stock price peak at around $73.94 at the end of April this year, its highest price since pre-recession levels, trading has seen the share price decline this year since then.
At around $63.50 it has remained at the lower-end of its current 52 week cycle as the new model and third quarter dividend announcements were made - the low coming at around
$60.60 in early August 2014.
In fact in the approximately six months since the October 2013 to September 2014 low of $61.23 in early February this year, the stock price has seen a massive $12.71/20.72 percent volatility - fuelling increasing concern among the new breed of more hawkish post-recession 21st century "active" investors that the company may be about to enter a period in which its share price becomes moribund and in which the company will therefore be vulnerable to raiders.
This weeks AMDesign presents a new 10 year quarterly analysis of Harley dividend pay-outs and stock price trends that we'll update on a quarterly basis moving forward.
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