Hamilton Beach Brands Holding Company to Issue Quarterly Dividend of $0.12 (NYSE:HBB)

Hamilton Beach Brands Holding Company (NYSE:HBB) declared a quarterly dividend on Tuesday, August 18th. Investors of record on Tuesday, September 1st will be paid a dividend of 0.125 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Tuesday, September 1st.

Hamilton Beach Brands has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 2 years.

Hamilton Beach Brands Trading Down 0.7%

Shares of NYSE:HBB opened at $33.60 on Thursday. The company has a 50 day moving average of $23.96 and a 200-day moving average of $20.79. The company has a current ratio of 3.13, a quick ratio of 2.04 and a debt-to-equity ratio of 0.23. The firm has a market cap of $451.61 million, a P/E ratio of 7.91 and a beta of 0.23. Hamilton Beach Brands has a twelve month low of $13.41 and a twelve month high of $34.26.

Hamilton Beach Brands (NYSE:HBB) last released its earnings results on Wednesday, August 5th. The company reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $2.33. Hamilton Beach Brands had a return on equity of 30.70% and a net margin of 9.41%.The firm had revenue of $142.63 million during the quarter, compared to the consensus estimate of $142.63 million.

About Hamilton Beach Brands

Hamilton Beach Brands Holding Company is a designer, marketer and distributor of branded small kitchen and household appliances. The company’s product portfolio spans a range of countertop and electric appliances, including blenders, mixers, toasters, coffeemakers, slow cookers, air fryers, and specialty beverage machines. Through the Hamilton Beach and Proctor-Silex brands, the company serves both everyday consumers and commercial foodservice operators.

Established in 1910, Hamilton Beach has introduced a number of innovations in small-appliance technology, from early electric drink mixers to modern immersion blenders and multi-function cookers.