HAMILTON BEACH BRANDS HOLDING COMPANY DECLARES QUARTERLY DIVIDEND
Hamilton Beach Brands Holding Company (NYSE: HBB) has declared a regular cash dividend of $0.105 per share, payable on December 15, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
Hamilton Beach Brands Holding Company (NYSE: HBB) has declared a regular cash dividend of $0.105 per share, payable on December 15, 2022. This dividend applies to both Class A and Class B Common Stock and will benefit stockholders of record as of the close of business on December 1, 2022. The company is a prominent player in the small electric kitchen appliance market, with a diverse portfolio of consumer and commercial brands.
Positive
- Declared a dividend of $0.105 per share, indicating strong cash flow and shareholder return.
Negative
- None.
Details
News Market Reaction – HBB
The recorded move for HBB in the trading session of this news was -3.78%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
GLEN ALLEN, Va., Nov. 17, 2022 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced that the Board of Directors declared a regular cash dividend of
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
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