Press Release: HAMILTON BEACH BRANDS HOLDING COMPANY DECLARES QUARTERLY DIVIDEND

Dow Jones
02-19

HAMILTON BEACH BRANDS HOLDING COMPANY DECLARES QUARTERLY DIVIDEND

PR Newswire

GLEN ALLEN, Va., Feb. 18, 2025

GLEN ALLEN, Va., Feb. 18, 2025 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) (the Company) today announced that the Board of Directors declared a regular cash dividend of $0.115 per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid March 14, 2025, to stockholders of record at the close of business on March 3, 2025.

About Hamilton Beach Brands Holding Company

Hamilton 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$(R)$, Proctor Silex(R), Hamilton Beach Professional(R), Weston(R), and TrueAir(R). The Company's owned commercial brands include Hamilton Beach Commercial(R) and Proctor Silex Commercial(R). The Company licenses the brands for CHI(R) premium garment care products, Clorox$(TM)$ home appliances, and Brita Hub(TM) countertop electric water filtration appliances. The Company has exclusive multiyear agreements to design, sell, market, and distribute Bartesian(R) cocktail makers and Numilk(R) 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 and strategic partner of the Company since 2021. HealthBeacon specializes in developing connected devices. For more information about Hamilton Beach Brands Holding Company, visit www.hamiltonbeachbrands.com.

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SOURCE Hamilton Beach Brands Holding Company

/CONTACT: Brendon Frey, Brendon.frey@icrinc.com

 

(END) Dow Jones Newswires

February 18, 2025 16:43 ET (21:43 GMT)

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