Hamilton Beach Brands Holding Company Declares Quarterly Dividend

Hamilton Beach Brands Holding Company (NYSE: HBB) announced a regular cash dividend of $0.10 per share, payable on December 15, 2021.

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Rhea-AI Sentiment

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Rhea-AI Summary

Hamilton Beach Brands Holding Company (NYSE: HBB) announced a regular cash dividend of $0.10 per share, payable on December 15, 2021. This dividend applies to both Class A and Class B common stock, with stockholders of record as of December 1, 2021 eligible for payment. The company is renowned for its diverse range of small electric household and specialty appliances, serving both consumer and commercial markets.

Positive

Declared a regular cash dividend of $0.10 per share.
Dividend enhances shareholder income and reflects company confidence.

Negative

None.

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News Market Reaction – HBB

The recorded move for HBB in the trading session of this news was +1.82%.

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11/10/2021 - 04:23 PM

GLEN ALLEN, Va., Nov. 10, 2021 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that the Board of Directors declared a regular cash dividend of $0.10 per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid December 15, 2021 to stockholders of record at the close of business on December 1, 2021.

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^®, TrueAir^® and Brightline^® personal care products. Hamilton Beach licenses the brands for Wolf Gourmet^® countertop appliances, CHI^® premium garment care products, and Clorox^® air purifiers. Hamilton Beach markets the Bartesian^® premium cocktail delivery system through an exclusive multiyear agreement. Through a partnership with HealthBeacon, Hamilton Beach is the exclusive marketer and distributor of a smart Injection Care Management System in the US and Canada under the brand name Hamilton Beach^® Health. 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

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What is the dividend amount for HBB?

Hamilton Beach Brands Holding Company declared a dividend of $0.10 per share.

When is the HBB dividend payment date?

The dividend will be paid on December 15, 2021.

What is the record date for HBB's dividend?

The record date for the dividend is December 1, 2021.

How does the HBB dividend impact shareholders?

The dividend provides income to shareholders, reflecting the company's financial health.

Hamilton Beach Brands Holding Company Declares Quarterly Dividend