Hamilton Beach Brands Holding Company (NYSE:HBB) Declares Quarterly Dividend of $0.13

Hamilton Beach Brands Holding Company (NYSE:HBB) announced a quarterly dividend on Thursday, May 7th. Investors of record on Monday, June 1st will be paid a dividend of 0.125 per share on Tuesday, June 16th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date is Monday, June 1st. This is a 4.2% increase from Hamilton Beach Brands’s previous quarterly dividend of $0.12.

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

Hamilton Beach Brands Price Performance

Shares of HBB opened at $20.10 on Friday. Hamilton Beach Brands has a fifty-two week low of $12.72 and a fifty-two week high of $21.84. The firm’s 50 day moving average price is $19.41 and its 200 day moving average price is $18.05. The company has a market cap of $272.27 million, a P/E ratio of 9.62 and a beta of 0.23. The company has a quick ratio of 1.61, a current ratio of 2.98 and a debt-to-equity ratio of 0.27.

Hamilton Beach Brands (NYSE:HBB) last announced its earnings results on Wednesday, May 6th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.10. Hamilton Beach Brands had a net margin of 4.73% and a return on equity of 16.21%. The firm had revenue of $121.96 million for the quarter, compared to the consensus estimate of $121.96 million.

Hamilton Beach Brands Company Profile

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.