Hamilton Beach Brands Holding Company Declares Quarterly Dividend

Rhea-AI Summary

Hamilton Beach Brands Holding Company (NYSE: HBB) declared a regular cash dividend of $0.095 per share, payable on March 16, 2021. This dividend applies to both Class A and Class B Common Stock, with a record date of March 8, 2021. Hamilton Beach is renowned for its extensive range of small electric household appliances and commercial products, including brands like Hamilton Beach, Proctor Silex, and Bartesian. This dividend announcement reflects the company's commitment to returning value to shareholders amidst its ongoing business operations.

Positive

• Declared a cash dividend of $0.095 per share, enhancing shareholder returns.
• Dividend payment reflects company confidence in ongoing business performance.

Negative

• None.

GLEN ALLEN, Va., Feb. 24, 2021 /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 March 16, 2021 to stockholders of record at the close of business on March 8, 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^® field-to-table and farm-to-table food preparation equipment, TrueAir^® air purifiers,  and Brightline^TM 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 announced by Hamilton Beach Brands Holding Company?

The announced dividend amount is $0.095 per share.

When will Hamilton Beach Brands Holding Company's dividend be paid?

The dividend will be paid on March 16, 2021.

What is the record date for the dividend payment from Hamilton Beach Brands?

The record date for the dividend payment is March 8, 2021.

Is the dividend applicable to both Class A and Class B shares of HBB?

Yes, the dividend is payable on both Class A and Class B Common Stock.