Hammond Power Solutions Inc. (OTCMKTS:HMDPF – Get Free Report)’s share price rose 1% during mid-day trading on Wednesday . The company traded as high as C$96.95 and last traded at C$96.88. Approximately 597 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 1,952 shares. The stock had previously closed at C$95.95.
Hammond Power Solutions Price Performance
The company’s 50 day moving average is C$98.82 and its 200 day moving average is C$88.04.
Hammond Power Solutions Increases Dividend
The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.2032 dividend. The ex-dividend date was Friday, September 20th. This represents a yield of 0.9%. This is an increase from Hammond Power Solutions’s previous dividend of $0.20. Hammond Power Solutions’s payout ratio is currently 58.97%.
Hammond Power Solutions Company Profile
Hammond Power Solutions Inc, together with its subsidiaries, engages in the design, manufacture, and sale of various transformers in Canada, the United States, Mexico, and India. It offers custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers, and standard electrical transformers to the electrical and electronic industries.
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