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Hamilton Beach Brands Holding Company Increases Dividend By 5%

Published: 2021-05-19 20:48:00 ET

GLEN ALLEN, Va., May 19, 2021 /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, raising the quarterly amount from $0.095 per share to $0.10 per share.

The dividend is payable on both the Class A and Class B Common Stock and will be paid June 15, 2021 to stockholders of record at the close of business on June 1, 2021.

About Hamilton Beach Brands Holding CompanyHamilton Beach Brands Holding Company is a holding company for Hamilton Beach Brands, Inc., a leading designer, marketer, and distributor of a wide range of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels. The Company's consumer brands include Hamilton Beach®, Proctor Silex®, Hamilton Beach® Professional, Weston®, TrueAir®, and Brightline™ personal care products. Hamilton Beach licenses the brands for Wolf Gourmet® countertop appliances and CHI® premium garment care products. Hamilton Beach markets the Bartesian® premium cocktail delivery system through an exclusive multiyear agreement. Commercial brands include Hamilton Beach Commercial® and Proctor Silex Commercial®. For more information about Hamilton Beach Brands Holding Company, visit the Company's website at www.hamiltonbeachbrands.com.

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SOURCE Hamilton Beach Brands Holding Company

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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.