Hamilton Beach Brands Holding Company Declares Quarterly Dividend

Rhea-AI Summary

Hamilton Beach Brands Holding Company (NYSE: HBB) announced a regular cash dividend of $0.10 per share, payable on September 15, 2021, to stockholders of record by September 1, 2021. This dividend applies to both Class A and Class B Common Stock. Hamilton Beach designs and distributes a variety of small electric household appliances and commercial products, with notable brands including Hamilton Beach, Proctor Silex, and others.

Positive

• Declared a cash dividend of $0.10 per share, reflecting confidence in the company's financial stability.
• Dividend payment scheduled for September 15, 2021, provides income for shareholders.

Negative

• None.

GLEN ALLEN, Va., Aug. 18, 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 September 15, 2021 to stockholders of record at the close of business on September 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

What is the dividend amount declared by HBB for September 2021?

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

When will HBB pay its dividend?

The dividend will be paid on September 15, 2021.

Who will receive the dividend from HBB?

Stockholders of record at the close of business on September 1, 2021, will receive the dividend.

How often does HBB declare dividends?

HBB has a pattern of declaring regular quarterly dividends, but specific frequency may vary.

Is the dividend from HBB sustainable?

The sustainability of HBB's dividend depends on the company’s ongoing financial performance.