Hamilton Beach Brands Holding (NYSE:HBB) Plans Quarterly Dividend of $0.12

Hamilton Beach Brands Holding (NYSE:HBB - Get Free Report) announced a quarterly dividend on Monday, May 13th, Wall Street Journal reports. Shareholders of record on Friday, May 31st will be given a dividend of 0.115 per share on Friday, June 14th. This represents a $0.46 annualized dividend and a dividend yield of 2.54%. The ex-dividend date is Friday, May 31st. This is a boost from Hamilton Beach Brands's previous quarterly dividend of $0.11.

Hamilton Beach Brands has raised its dividend payment by an average of 5.5% annually over the last three years and has increased its dividend annually for the last 5 consecutive years.

Hamilton Beach Brands Stock Performance

HBB stock traded down $2.34 during midday trading on Monday, reaching $18.11. The stock had a trading volume of 114,512 shares, compared to its average volume of 45,441. The firm has a fifty day simple moving average of $22.14 and a two-hundred day simple moving average of $18.61. Hamilton Beach Brands has a 52-week low of $9.21 and a 52-week high of $25.24. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.02 and a current ratio of 2.08. The stock has a market cap of $252.09 million, a PE ratio of 8.75 and a beta of 0.97.

Hamilton Beach Brands (NYSE:HBB - Get Free Report) last posted its earnings results on Wednesday, March 6th. The company reported $1.40 earnings per share (EPS) for the quarter. The company had revenue of $206.65 million during the quarter. Hamilton Beach Brands had a net margin of 4.61% and a return on equity of 21.42%.

About Hamilton Beach Brands

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.