Hillman Group Capital Trust Announces Cash Distribution on Trust Preferred Securities

Rhea-AI Summary

The Hillman Companies announced a cash distribution of $0.241667 per Trust Preferred Security (NYSE-Amex: HLM_P) for October 2020. This distribution is payable on November 2, 2020 to holders of record by October 22, 2020. Founded in 1964 and based in Cincinnati, Ohio, Hillman is a prominent supplier of hardware solutions, serving over 38,000 customers. The company aims to provide innovative products and exceptional customer service to home improvement centers, mass merchants, and various customers.

Positive

• Cash distribution of $0.241667 per Trust Preferred Security announced.
• Distribution schedule indicates consistent payouts to investors.

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• None.

CINCINNATI, Oct. 09, 2020 (GLOBE NEWSWIRE) -- The Hillman Companies, Inc. (“Hillman” or the “Company”), - Doug Cahill, President and CEO of The Hillman Companies, Inc., announced today that a cash distribution has been declared by Hillman Group Capital Trust for the month of October in the amount of $0.241667 for each Trust Preferred Security (NYSE-Amex: HLM_P). The distribution will be payable November 2, 2020 to holders of record October 22, 2020.

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 38,000 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 the Company, please visit our website at http://www.hillmangroup.com
or call Investor Relations at (513) 851-4900, ext. 68281

FAQ

What is the cash distribution amount declared by Hillman for October 2020?

Hillman declared a cash distribution of $0.241667 for each Trust Preferred Security for October 2020.

When will the cash distribution be payable for HLM-P?

The cash distribution for HLM-P will be payable on November 2, 2020.

What is the record date for the October distribution of Hillman's Trust Preferred Security?

The record date for the October distribution is October 22, 2020.

What is Hillman known for in the hardware industry?

Hillman is known for providing complete hardware solutions and exceptional customer service to over 38,000 customers.

In what year was The Hillman Companies founded?

The Hillman Companies was founded in 1964.