Hamilton Beach Brands (NYSE:HBB) Announces Quarterly Earnings Results

Hamilton Beach Brands (NYSE:HBB) posted its quarterly earnings data on Wednesday. The company reported $1.75 earnings per share (EPS) for the quarter, Zacks reports. Hamilton Beach Brands had a net margin of 4.06% and a return on equity of 17.90%.

Hamilton Beach Brands Stock Down 2.4 %

Shares of HBB stock traded down $0.43 during mid-day trading on Wednesday, reaching $17.63. The stock had a trading volume of 38,660 shares, compared to its average volume of 35,856. The firm has a market cap of $241.62 million, a PE ratio of 9.38 and a beta of 0.86. Hamilton Beach Brands has a one year low of $14.34 and a one year high of $31.78. The firm’s 50 day simple moving average is $16.87 and its 200 day simple moving average is $22.62.

Hamilton Beach Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be issued a $0.115 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.46 annualized dividend and a yield of 2.61%. Hamilton Beach Brands’s dividend payout ratio (DPR) is 24.47%.

About Hamilton Beach Brands

Hamilton Beach Brands Holding Company, together with its subsidiaries, designs, markets, and distributes small electric household and specialty housewares appliances in the United States and internationally. It offers air fryers, blenders, coffee makers, food processors, indoor electric grills, irons, juicers, mixers, slow cookers, toasters, and toaster ovens.