Hamilton Beach Brands Holding Company Declares Quarterly Dividend

Rhea-AI Summary

Hamilton Beach Brands Holding Company (NYSE: HBB) has announced a cash dividend of $0.095 per share for both Class A and Class B Common Stock. This dividend will be payable on December 15, 2020, to shareholders of record as of December 1, 2020. This regular payment underlines the company's commitment to returning value to its shareholders, reflecting a consistent dividend policy.

Positive

• Announced a regular cash dividend of $0.095 per share.
• Dividend showcases commitment to shareholder value.
• Dividend payable on December 15, 2020, indicating timely distribution.

Negative

• None.

News Market Reaction – HBB

+1.41%

+1.41% Session move

In the trading session that priced this news, HBB gained 1.41%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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GLEN ALLEN, Va., Nov. 18, 2020 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that the Board of Directors declared a regular cash dividend of $0.095 per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid December 15, 2020 to stockholders of record at the close of business on December 1, 2020. 

About Hamilton Beach Brands Holding Company
Hamilton Beach Brands Holding Company is a holding company for 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 consumer brands include Hamilton Beach^®, Proctor Silex^®, Hamilton Beach^® Professional, Weston^® field-to-table and farm-to-table food preparation equipment, TrueAir^® air purifiers,  and Brightline™ personal care products. Hamilton Beach licenses the brands for Wolf Gourmet^® countertop appliances and CHI^® premium garment care products. Hamilton Beach markets the Bartesian^® premium cocktail delivery system through an exclusive multiyear agreement. Commercial brands include Hamilton Beach Commercial^® and Proctor Silex Commercial^®.  For more information about Hamilton Beach Brands Holding Company, visit the Company's website at www.hamiltonbeachbrands.com.

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SOURCE Hamilton Beach Brands Holding Company

FAQ

What is the dividend amount declared by HBB?

Hamilton Beach Brands Holding Company declared a cash dividend of $0.095 per share.

When will HBB's dividend be paid?

The dividend will be paid on December 15, 2020.

What is the record date for HBB's dividend?

The record date for the dividend is December 1, 2020.

Is HBB's dividend consistent?

Yes, HBB has a consistent dividend policy as indicated by this regular payment.