GLEN ALLEN, Virginia., May 18, 2022 /PRNewswire/ — The board of directors of Hamilton Beach Brands Holding Company (NYSE: HBB) has approved a 5% increase in the company’s regular quarterly cash dividend, increasing the quarterly amount from $0.10 per share at $0.105 per share.
The dividend is payable on both Class A and Class B common shares and will be paid June 15, 2022to shareholders of record at the close of business on June 1, 2022.
About Hamilton Beach Brands Holding Company
Hamilton Beach Brands Holding Company operates through its wholly owned subsidiary Hamilton Beach Brands, Inc., a leading designer, marketer and distributor of a wide range of brand name small appliances and specialty household items , as well as commercial products for restaurants, fast food chains, bars and hotels. Consumer brands owned by the company include Hamilton Beach®Flint Overseer®Hamilton Beach Professional®Weston®True Air®Brightline® and Hamilton Beach Health®. Trademarks owned by the Company include Hamilton Beach Commercial® and Proctor Silex Commercial®. Hamilton Beach Brands Licenses Wolf Gourmet Brands® countertop appliances, CHI® premium clothing care products, Clorox® air purifiers and Brita ™ countertop water makers. Hamilton Beach Brands markets and distributes the Bartesian® premium cocktail delivery system through an exclusive multi-year agreement. Hamilton Beach Brands entered the home medical market through a multi-year agreement with HealthBeacon plc and is the exclusive marketer and distributor of an intelligent injection care management system in the United States and Canada under the new brand name Hamilton Beach Health®. For more information about Hamilton Beach Brands Holding Company, visit hamiltonbeachbrands.com.
SOURCE Hamilton Beach Brands Holding Company