Hamilton Beach Brands (NYSE:HBB) Announces Quarterly Earnings Results

Hamilton Beach Brands (NYSE:HBB) released its earnings results on Wednesday. The company reported $1.75 earnings per share (EPS) for the quarter, Zacks reports. Hamilton Beach Brands had a net margin of 4.06% and a return on equity of 17.90%.

Hamilton Beach Brands Trading Down 2.4 %

Shares of NYSE HBB opened at $17.63 on Thursday. The firm’s 50-day moving average price is $16.87 and its 200-day moving average price is $22.62. Hamilton Beach Brands has a 1-year low of $14.34 and a 1-year high of $31.78. The firm has a market capitalization of $241.62 million, a P/E ratio of 9.38 and a beta of 0.86.

Hamilton Beach Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.115 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.46 annualized dividend and a dividend yield of 2.61%. Hamilton Beach Brands’s dividend payout ratio is currently 24.47%.

Hamilton Beach Brands Company Profile

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.