Hamilton Beach Brands Holding Company (HBB) to Issue Quarterly Dividend of $0.13 on June 16th

Hamilton Beach Brands Holding Company (NYSE:HBB) declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Monday, June 1st will be given 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 of this dividend 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 increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 2 consecutive years.

Hamilton Beach Brands Price Performance

Hamilton Beach Brands stock opened at $20.10 on Friday. The company has a market cap of $272.27 million, a P/E ratio of 9.62 and a beta of 0.23. Hamilton Beach Brands has a one year low of $12.72 and a one year high of $21.84. The business has a fifty day moving average of $19.41 and a two-hundred day moving average of $18.05. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.61 and a current ratio of 2.98.

Hamilton Beach Brands (NYSE:HBB) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $121.96 million during the quarter, compared to the consensus estimate of $121.96 million.

Analyst Ratings Changes

A number of research analysts have issued reports on HBB shares. Weiss Ratings cut shares of Hamilton Beach Brands from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Wall Street Zen raised Hamilton Beach Brands from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.