The Hilliard Co. (OTC:HLRD) Plans Dividend Increase – $4.00 Per Share

The Hilliard Co. (OTC:HLRD) declared a quarterly dividend on Thursday, February 13th, NASDAQ Dividends reports. Investors of record on Friday, February 28th will be paid a dividend of 4.00 per share on Monday, March 3rd. This represents a $16.00 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date is Friday, February 28th. This is a positive change from Hilliard’s previous quarterly dividend of $3.00.

Hilliard Stock Performance

Shares of HLRD stock remained flat at $400.00 during trading hours on Wednesday. The company has a 50-day simple moving average of $400.00 and a 200 day simple moving average of $400.00. Hilliard has a 12 month low of $315.00 and a 12 month high of $400.00.

Hilliard Company Profile

The Hilliard Corporation designs, manufactures, and sells industrial brakes and braking systems for customers worldwide. It offers liquid fuel filtration products for applications, such as filtration, emission control, ion exchange systems, heat treating, power generation, metalworking, transformers, power utilities, turbines, chemical plants, and more.