HAMILTON BEACH BRANDS HOLDING COMPANY DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

Hamilton Beach Brands Holding Company (NYSE: HBB) announced a regular cash dividend of $0.105 per share, payable on September 15, 2022. Stockholders of record as of the close of business on September 1, 2022, will receive this dividend on both Class A and Class B Common Stock. The company, known for its extensive range of small electric appliances and commercial products, continues to demonstrate its commitment to returning value to its shareholders.

Positive

• Declared a cash dividend of $0.105 per share, affirming commitment to shareholders.
• Dividend expected to enhance investor confidence.

Negative

• None.

News Market Reaction – HBB

+1.38%

+1.38% Session move

In the trading session that priced this news, HBB gained 1.38%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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GLEN ALLEN, Va., Aug. 17, 2022 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that the Board of Directors declared a regular cash dividend of $0.105 per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid September 15, 2022, to stockholders of record at the close of business on September 1, 2022. 

About Hamilton Beach Brands Holding Company
Hamilton Beach Brands Holding Company operates through its wholly owned subsidiary Hamilton Beach Brands, Inc., a leading designer, marketer, and distributor of a wide range of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels. The Company's owned consumer brands include Hamilton Beach^®, Proctor Silex^®, Hamilton Beach Professional^®, Weston^®, TrueAir^®, Brightline^® and Hamilton Beach Health^®. The Company's owned commercial brands include Hamilton Beach Commercial^® and Proctor Silex Commercial^®. Hamilton Beach Brands licenses the brands for Wolf Gourmet^® countertop appliances, CHI^® premium garment care products, Clorox^® air purifiers, and Brita^® countertop water appliances. Hamilton Beach Brands markets and distributes the Bartesian^® premium cocktail delivery system through an exclusive multiyear agreement. Hamilton Beach Brands has entered the home medical market through a multiyear agreement with HealthBeacon plc and is the exclusive marketer and distributor of a smart Injection Care Management System in the U.S. and Canada under the new brand name Hamilton Beach Health^®. For more information about Hamilton Beach Brands Holding Company, visit hamiltonbeachbrands.com.

 

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SOURCE Hamilton Beach Brands Holding Company

FAQ

What is the dividend amount declared by HBB?

Hamilton Beach Brands declared a cash dividend of $0.105 per share.

When will HBB pay the declared dividend?

The dividend will be paid on September 15, 2022.

Who will receive the dividend from HBB?

Stockholders of record at the close of business on September 1, 2022, will receive the dividend.

What types of stock are eligible for the HBB dividend?

Both Class A and Class B Common Stock are eligible for the dividend.