Hamilton Beach Brands Holding Company (HBB) To Go Ex-Dividend on March 2nd

Hamilton Beach Brands Holding Company (NYSE:HBB) declared a quarterly dividend on Monday, February 16th. Stockholders of record on Monday, March 2nd will be given a dividend of 0.12 per share on Friday, March 13th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, March 2nd.

Hamilton Beach Brands has raised 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 Stock Performance

Hamilton Beach Brands stock traded up $0.25 during midday trading on Wednesday, hitting $19.32. The stock had a trading volume of 6,844 shares, compared to its average volume of 19,509. Hamilton Beach Brands has a 52-week low of $12.72 and a 52-week high of $21.20. The company has a market capitalization of $259.59 million, a PE ratio of 8.29 and a beta of 0.18. The firm’s fifty day moving average is $18.05 and its two-hundred day moving average is $15.81. The company has a current ratio of 2.15, a quick ratio of 0.86 and a debt-to-equity ratio of 0.30.

Hamilton Beach Brands declared that its board has authorized a share repurchase plan on Thursday, November 20th that permits the company to buyback $25.00 million in outstanding shares. This buyback authorization permits the company to buy up to 13.1% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.

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.