Hamilton Beach Brands Holding (NYSE:HBB - Get Free Report) 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 2.69%. 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 payment by an average of 4.8% per year over the last three years and has increased its dividend every year for the last 1 years.
Hamilton Beach Brands Stock Performance
NYSE:HBB traded up $0.17 during mid-day trading on Friday, reaching $17.86. The stock had a trading volume of 21,202 shares, compared to its average volume of 57,064. The stock has a market capitalization of $244.58 million, a P/E ratio of 9.50 and a beta of 0.32. The firm has a 50 day moving average price of $18.18 and a two-hundred day moving average price of $18.28. Hamilton Beach Brands has a one year low of $13.25 and a one year high of $31.78.
Hamilton Beach Brands (NYSE:HBB - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.13 EPS for the quarter. Hamilton Beach Brands had a net margin of 4.06% and a return on equity of 17.90%. The firm had revenue of $133.37 million for the quarter.
Institutional Trading of Hamilton Beach Brands
A hedge fund recently raised its stake in Hamilton Beach Brands stock. Empowered Funds LLC boosted its stake in shares of Hamilton Beach Brands Holding (NYSE:HBB - Free Report) by 8.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,328 shares of the company's stock after acquiring an additional 3,588 shares during the quarter. Empowered Funds LLC owned 0.35% of Hamilton Beach Brands worth $920,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 50.55% of the company's stock.
Hamilton Beach Brands Company Profile
(
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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.
Further Reading
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