Business
HAMILTON BEACH BRANDS HOLDING COMPANY ANNOUNCES QUARTERLY DIVIDEND INCREASE
Hamilton Beach Brands Holding Company (NYSE: HBB) (the Company) today announced that the Board of Directors has approved a 4.3% increase in the Company's regular quarterly cash dividend, raising the quarterly amount from $0.115 per share to $0.12 per share.
About this update from Hamilton Beach Brands Holding Company
[{"type":"text","content":"GLEN ALLEN, Va., May 9, 2025 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) (the Company) today announced that the Board of Directors has approved a 4.3% increase in the Company's regular quarterly cash dividend, raising the quarterly amount from $0.115 per share to $0.12 per share.","length":311,"tagName":"p"},{"type":"text","content":"The dividend is payable on both the Class A and Class B Common Stock and will be paid June 13, 2025, to stockholders of record at the close of business on May 30, 2025.","length":168,"tagName":"p"},{"type":"text","content":"About Hamilton Beach Brands Holding CompanyHamilton Beach Brands Holding Company is a leading designer, marketer, and distributor of a wide range of brand name small electric household and specialty housewares appliances, and commercial products for restaurants, fast food chains, bars, and hotels, and is a provider of connected devices and software for healthcare management. The Company's owned consumer brands include Hamilton Beach®, Proctor Silex®, Hamilton Beach Professional®, Weston®, and TrueAir®. The Company's owned commercial brands include Hamilton Beach Commercial® and Proctor Silex Commercial®. The Company licenses the brands for CHI® premium garment care products, Clorox™ home appliances, and Brita Hub™ countertop electric water filtration appliances. The Company has exclusive multiyear agreements to design, sell, market, and distribute Bartesian® cocktail makers and Numilk® plant-based milk makers. The Company's Hamilton Beach Health subsidiary is focused on expanding the Company's participation in the home health and medical markets. In 2024, Hamilton Beach Health acquired HealthBeacon, a medical technology firm that specializes in developing connected devices, and strategic partner of the Company since 2021. For more information about Hamilton Beach Brands Holding Company, visit www.hamiltonbeachbrands.com.","length":1359,"tagName":"p"},{"type":"image","alt":"Hamilton Beach Brands Holding Company logo (PRNewsfoto/Hamilton Beach Brands Holding C)","displaySize":"","headline":null,"caption":"Hamilton Beach Brands Holding Company logo (PRNewsfoto/Hamilton Beach Brands Holding C)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/prnewswire.com/f2f5d681...