Hamilton Beach Brands (NYSE:HBB) Releases Earnings Results

Hamilton Beach Brands (NYSE:HBB) issued its quarterly earnings results on Wednesday. The company reported $1.75 earnings per share for the quarter, Zacks reports. The business had revenue of $213.51 million during the quarter. Hamilton Beach Brands had a net margin of 4.06% and a return on equity of 17.90%.

Hamilton Beach Brands Stock Down 7.5 %

HBB stock traded down $1.52 during midday trading on Friday, reaching $18.62. The company’s stock had a trading volume of 5,519 shares, compared to its average volume of 35,580. Hamilton Beach Brands has a 52 week low of $14.34 and a 52 week high of $31.78. The stock has a market cap of $255.12 million, a PE ratio of 9.90 and a beta of 0.86. The business’s 50-day simple moving average is $16.97 and its 200-day simple moving average is $22.57.

Hamilton Beach Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be paid a $0.115 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.46 dividend on an annualized basis and a yield of 2.47%. Hamilton Beach Brands’s payout ratio is presently 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.