Fast Motorcycle Industry News

cyril-Huze-fast-newsHarley-Davidson Inc. Declares Dividend. Debt Gets BBB Rating. Harley-Davidson announced that its Board of Directors approved a cash dividend of $0.275 per share for the third quarter of 2014. The dividend is payable September 26, 2014 to the holders of record of the Company’s common stock on September 16, 2014. Harley-Davidson (NYSE:HOG) has earned a “BBB” credit rating from Morningstar. The firm’s “BBB” rating suggests that the company is a moderate default risk. They also issued a neutral credit outlook for the company and gave their stock a three star rating. Harley-Davidson has a one year low of $60.51 and a one year high of $74.13. The stock has a 50-day moving average of $63.16 and a 200-day moving average of $67.5. The company has a market cap of $13.995 billion and a P/E ratio of 16.70.

11th Annual Indian Larry Grease Monkey Block Party. It will be held Saturday, September 20 from 11 a.m.to 9 p.m.at the shop located 400 Union Avenue in Brooklyn, NY. Tel. 718-609-9184. Festivities include live bands, vendors, craftsmen, a raffle to win a West Coast Chopper (1000 tickets sold for $75 each) and to benefit ALD Research and of course a custom bike show voted by people on Facebook and Instagram (send pictures of your bike to info@indianlarry.com. $100 VIP packages include a tee-shirt, a VIP Laminate, bandana, patch, pin food and beer.

Triumph 250 cc Motorcycle On Hold. Without explanation, Paul Stroud, Triumph’s director of sales and marketing, announced that they have kept the developments of the Triumph 250cc bikes on hold which means the bike wouldn’t be launched in 2015 as expected. The Triumph 250cc bikes were specifically developed for emerging markets like Brazil and India.

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