Hamilton Beach Brands Holding Company has announced a quarterly cash dividend of $0.115 per share for its Class A and Class B Common Stock. The dividends are set to be distributed on March 14, 2025, to all shareholders recorded by March 3, 2025.
This announcement marks a 4.5% increase from the previous quarterly dividend, climbing from $0.11 to $0.115 per share. The decision to raise the dividend was made by the Board of Directors in May 2024, according to Prnewswire. This marks the eighth consecutive year that Hamilton Beach has delivered consistent dividend payouts.
Hamilton Beach Brands is known for its extensive range of small electric household and specialty housewares appliances. The company designs, markets, and distributes products not only for home use but also for commercial settings like restaurants, bars, and hotels. This consistent dividend policy underscores their commitment to returning value to shareholders.