Hamilton Beach Brands Holding (NYSE:HBB) Raises Dividend to $0.12 Per Share

Hamilton Beach Brands Holding (NYSE:HBB) declared a quarterly dividend on Monday, May 12th, Wall Street Journal reports. Investors of record on Friday, May 30th will be given a dividend of 0.12 per share on Friday, June 13th. This represents a $0.48 annualized dividend and a dividend yield of 2.62%. The ex-dividend date is Friday, May 30th. This is a 4.3% increase from Hamilton Beach Brands’s previous quarterly dividend of $0.12.

Hamilton Beach Brands has increased its dividend by an average of 4.8% annually over the last three years and has increased its dividend every year for the last 1 years.

Hamilton Beach Brands Stock Performance

Shares of Hamilton Beach Brands stock opened at $18.34 on Wednesday. Hamilton Beach Brands has a fifty-two week low of $13.25 and a fifty-two week high of $31.78. The firm has a 50-day simple moving average of $18.33 and a two-hundred day simple moving average of $18.54. The company has a market cap of $251.11 million, a P/E ratio of 9.76 and a beta of 0.32.

Hamilton Beach Brands (NYSE:HBB) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $133.37 million during the quarter. Hamilton Beach Brands had a return on equity of 17.90% and a net margin of 4.06%.

About Hamilton Beach Brands

Hamilton Beach Brands Holding Company, together with its subsidiaries, designs, markets, and distributes small electric household and specialty housewares appliances in the United States and internationally. It offers air fryers, blenders, coffee makers, food processors, indoor electric grills, irons, juicers, mixers, slow cookers, toasters, and toaster ovens.