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

Hamilton Beach Brands Holding (NYSE:HBB) declared a quarterly dividend on Monday, May 12th, Wall Street Journal reports. Stockholders 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 2.60%. 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 raised its dividend by an average of 4.8% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

Hamilton Beach Brands Price Performance

NYSE:HBB traded up $3.94 during trading hours on Monday, reaching $18.45. 127,926 shares of the company were exchanged, compared to its average volume of 57,973. The business has a 50 day moving average of $18.36 and a 200 day moving average of $18.62. The company has a market capitalization of $249.35 million, a P/E ratio of 9.81 and a beta of 0.32. Hamilton Beach Brands has a 1-year low of $13.25 and a 1-year high of $31.78.

Hamilton Beach Brands (NYSE:HBB) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.13 EPS for the quarter. The company 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%.

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.