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

Hamilton Beach Brands Holding (NYSE:HBB) announced a quarterly dividend on Friday, November 22nd,Wall Street Journal reports. Investors of record on Monday, December 2nd will be given a dividend of 0.115 per share on Friday, December 13th. This represents a $0.46 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend is Monday, December 2nd.

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

Hamilton Beach Brands Stock Up 1.0 %

Shares of HBB traded up $0.19 during midday trading on Friday, reaching $19.34. 26,756 shares of the stock were exchanged, compared to its average volume of 56,193. The company has a market cap of $265.05 million, a price-to-earnings ratio of 10.63 and a beta of 0.94. The firm has a 50 day simple moving average of $27.28 and a 200-day simple moving average of $23.37. Hamilton Beach Brands has a 12-month low of $13.92 and a 12-month high of $31.78.

Hamilton Beach Brands (NYSE:HBB) last posted its earnings results on Wednesday, October 30th. The company reported $0.14 earnings per share (EPS) for the quarter. The firm had revenue of $156.67 million during the quarter. Hamilton Beach Brands had a net margin of 4.06% and a return on equity of 17.90%.

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.