Hamilton Beach Brands (NYSE:HBB) Posts Earnings Results

Hamilton Beach Brands (NYSE:HBB - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $1.75 EPS for the quarter, Zacks reports. The firm had revenue of $213.51 million for the quarter. Hamilton Beach Brands had a net margin of 4.06% and a return on equity of 17.90%.

Hamilton Beach Brands Stock Down 3.9 %

Shares of HBB stock traded down $0.79 on Friday, hitting $19.34. The company had a trading volume of 28,189 shares, compared to its average volume of 36,228. The company has a 50-day moving average price of $17.02 and a 200-day moving average price of $22.50. Hamilton Beach Brands has a twelve month low of $14.34 and a twelve month high of $31.78. The firm has a market cap of $265.05 million, a P/E ratio of 10.29 and a beta of 0.86.

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 given a dividend of $0.115 per share. The ex-dividend date is Monday, March 3rd. This represents a $0.46 dividend on an annualized basis and a yield of 2.38%. Hamilton Beach Brands's dividend payout ratio is currently 20.63%.

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.