Dividend Growth of Harman International Industries, Incorporated(HAR)

Harman International Industriesorporated(HAR) is having a Dividend Yield of 1.26% with the Annual cash Dividend per share of $1.4. The last quarter cash dividend per share pay out was $0.35. Harman International Industriesorporated has a 5 year average dividend yield of 1.29% and the stock has a Indicated annual dividend of $1.4. Harman International Industriesorporated(HAR) formally announced its most recent dividend on January 26, 2017 with a Dividend per share of $0.35. The new indicated annual dividend based on announced dividend per share is $1.4. The dividend yield based on the forward looking indicated annual dividend is 1.26%. Harman International Industriesorporated(HAR) has the most recent dividend payout ratio of 0.2 with a 5-year average payout ratio of 0.23. The 5 year historical dividend growth of Harman International Industriesorporated(HAR) is at the rate of 34.14% while the R-Squared dividend growth is 0.71. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Harman International Industries, Incorporated (NYSE:HAR) witnessed a decline in the market cap on Thursday as its shares dropped 0.14% or 0.16 points. After the session commenced at $111.05, the stock reached the higher end at $111.14 while it hit a low of $110.85. With the volume soaring to 828,245 shares, the last trade was called at $110.98. The company has a 52-week high of $111.4. The company has a market cap of $7,757 million and there are 69,893,450 shares in outstanding. The 52-week low of the share price is $64.93. Harman International Industries, Incorporated has dropped 0.15% in the last five trading days, however, the shares have posted positive gains of 0.57% in the last 4 weeks. Harman International Industries, Incorporated is up 1.68% in the last 3-month period. Year-to-Date the stock performance stands at 0.15%.

Currently the company Insiders own 0.94% of Harman International Industries, Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -41.2% . Institutional Investors own 85.79% of Harman International Industries, Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -51.68%. Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Herbert K Parker (EVP, Operational Excellence) sold 8,744 shares at 111.03 per share price.On Nov 15, 2016, Ralph Santana (Chief Marketing Officer) sold 1,912 shares at 110.00 per share price.On Nov 15, 2016, Phillip Eyler (EVP, Pres. Connected Car) sold 2,628 shares at 109.89 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Harman International Industries /DE/ was Downgraded by Wells Fargo to Market Perform on Dec 9, 2016.

Harman International Industries /DE/ Last issued its quarterly earnings results on Jan 26, 2017. The company reported $2.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.33. Analyst had a consensus of $1.89. The company had revenue of $1947.47 million for the quarter, compared to analysts expectations of $1913.03 million. The companys revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.84 EPS.

Harman International Industries, Incorporated is engaged in the developing, manufacturing and marketing of audio products and electronic systems. It offers infotainment systems for vehicle applications; automotive audio systems for vehicle applications; mid-to high-end loudspeaker and electronics for home, multimedia, and mobile applications; home audio and theater systems, and distributed systems for home applications, transducers and built-in speakers for notebook computers; audio systems for personal computers; and aftermarket mobile products. Harman International Industries, Incorporated is headquartered in Stamford, Connecticut.


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