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 for each Trust Preferred Security (HLM-P) payable on December 31, 2020. This distribution is for holders of record as of December 21, 2020. Hillman, founded in 1964 and headquartered in Cincinnati, is a leader in providing complete hardware solutions to over 38,000 customers. The company is recognized for delivering innovative products and exceptional customer service across various retail sectors.

Positive

• Declared cash distribution of $0.241667 for each Trust Preferred Security (HLM-P).
• Payout date set for December 31, 2020, providing immediate financial benefit to shareholders.
• Strong customer base of over 38,000 clients, indicating market stability.

Negative

• None.

CINCINNATI, Dec. 11, 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 December in the amount of $0.241667 for each Trust Preferred Security (NYSE-Amex: HLM_P). The distribution will be payable December 31, 2020 to holders of record December 21, 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 for HLM-P in December 2020?

The cash distribution amount is $0.241667 for each Trust Preferred Security (HLM-P) for December 2020.

When will the cash distribution for HLM_P be paid?

The cash distribution will be paid on December 31, 2020.

What is the record date for the HLM-P cash distribution?

The record date for the cash distribution is December 21, 2020.

Who is the CEO of The Hillman Companies?

Doug Cahill is the President and CEO of The Hillman Companies.