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Benzinga
Benzinga
Business
Shivani Kumaresan

Hamilton Beach Brands Hikes Dividend By 5%

  • Hamilton Beach Brands Holding Co (NYSE:HBBboard of directors has approved a 5% increase in the quarterly cash dividend to $0.105 from $0.10 per share.
  • The dividend is payable on June 15, 2022, to stockholders of record at the close of business on June 1, 2022.
  • The company held $2.1 million in cash and equivalents as of March 31, 2022.
  • Price Action: HBB shares closed lower by 1.44% at $9.51 on Wednesday.
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