Hamilton Beach Brands Holding Company (HBB) to Issue Quarterly Dividend of $0.12 on September 15th

Hamilton Beach Brands Holding Company (NYSE:HBB) declared a quarterly dividend on Tuesday, August 18th. Investors of record on Tuesday, September 1st will be given a dividend of 0.125 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Tuesday, September 1st.

Hamilton Beach Brands has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 2 consecutive years.

Hamilton Beach Brands Stock Performance

Shares of Hamilton Beach Brands stock opened at $31.39 on Friday. The company has a quick ratio of 2.04, a current ratio of 3.13 and a debt-to-equity ratio of 0.23. The stock’s fifty day moving average is $25.70 and its two-hundred day moving average is $21.42. Hamilton Beach Brands has a 52 week low of $13.56 and a 52 week high of $34.26. The company has a market capitalization of $421.94 million, a PE ratio of 7.39 and a beta of 0.23.

Hamilton Beach Brands (NYSE:HBB) last released its earnings results on Wednesday, August 5th. The company reported $2.49 earnings per share for the quarter, topping the consensus estimate of $0.16 by $2.33. The business had revenue of $142.63 million during the quarter, compared to the consensus estimate of $142.63 million. Hamilton Beach Brands had a return on equity of 30.70% and a net margin of 9.41%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HBB. Weiss Ratings upgraded shares of Hamilton Beach Brands from a “hold (c)” rating to a “buy (b-)” rating in a report on Wednesday, August 19th. Wall Street Zen upgraded shares of Hamilton Beach Brands from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Hamilton Beach Brands Company Profile

Hamilton Beach Brands Holding Company is a designer, marketer and distributor of branded small kitchen and household appliances. The company’s product portfolio spans a range of countertop and electric appliances, including blenders, mixers, toasters, coffeemakers, slow cookers, air fryers, and specialty beverage machines. Through the Hamilton Beach and Proctor-Silex brands, the company serves both everyday consumers and commercial foodservice operators.

Established in 1910, Hamilton Beach has introduced a number of innovations in small-appliance technology, from early electric drink mixers to modern immersion blenders and multi-function cookers.