Hillman Group Capital Trust Announces Cash Distribution on Trust Preferred Securities

Rhea-AI Summary

The Hillman Companies has declared a cash distribution of $0.241667 per Trust Preferred Security (HLM_P) for February 2021. This distribution will be payable on March 1, 2021 to holders of record as of February 19, 2021. Hillman, founded in 1964 and based in Cincinnati, Ohio, provides hardware solutions to over 42,000 customers, emphasizing customer service and innovative merchandising. For more information, visit Hillman's website.

Positive

• Cash distribution of $0.241667 per Trust Preferred Security increases investor returns.
• Hillman services over 42,000 customers, indicating strong market presence.

Negative

• None.

CINCINNATI, Feb. 09, 2021 (GLOBE NEWSWIRE) -- The Hillman Companies, Inc. (“Hillman” or the “Company”), - Doug Cahill, President and CEO of Hillman, announced today that a cash distribution has been declared by Hillman Group Capital Trust for the month of February in the amount of $0.241667 for each Trust Preferred Security (NYSE-Amex: HLM_P). The distribution will be payable March 1, 2021 to holders of record February 19, 2021. 

About Hillman
Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 42,000 customers. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers. Leveraging a world-class distribution and sales network, Hillman delivers a “small business” experience with “big business” efficiency. For more information on Hillman, visit https://www.hillmangroup.com/us/en.

Contacts

Investor Relations
Rodny Nacier / Brad Cray
IR@hillmangroup.com
(513) 826-5495

Public Relations
Phil Denning / Doug Donsky
media@hillmangroup.com

 

FAQ

What is the cash distribution amount for HLM-P in February 2021?

The cash distribution amount for HLM-P in February 2021 is $0.241667.

When will the HLM-P distribution be payable?

The distribution for HLM-P will be payable on March 1, 2021.

Who are the holders of HLM-P as of February 19, 2021?

Holders of HLM-P as of February 19, 2021, are eligible for the cash distribution.

What date was the cash distribution declared by Hillman?

The cash distribution was declared on February 9, 2021.