Hamilton Beach Brands Increases Quarterly Dividend by 4.3% for Shareholders

Hamilton Beach Brands Increases Quarterly Dividend by 4.3%

On May 9, 2025, Hamilton Beach Brands Holding Company (NYSE: HBB) revealed that its Board of Directors approved a 4.3% increase in its regular quarterly cash dividend. This change raises the quarterly payout from $0.115 per share to $0.12 per share. The newly adjusted dividend will be applicable to both Class A and Class B Common Stock and is scheduled to be distributed on June 13, 2025, to stockholders recorded as of the close of business on May 30, 2025.

About Hamilton Beach Brands

Hamilton Beach Brands Holding Company is a prominent player in the home appliance sector, specializing in the design, marketing, and distribution of various small electric household and specialty appliances. Their extensive range includes products for restaurants, fast food chains, bars, and hotels, along with innovative connected devices and software aimed at healthcare management. Some of the well-established consumer brands owned by the company are Hamilton Beach, Proctor Silex, Hamilton Beach Professional, Weston, and TrueAir.

In the commercial sector, their brands encompass Hamilton Beach Commercial and Proctor Silex Commercial, recognized for their reliability and performance in various business environments. Furthermore, Hamilton Beach has licensing agreements for premium garment care products with brands like CHI, and collaborates with Clorox on home appliances and Brita Hub for countertop electric water filtration systems.

The company has secured exclusive multi-year contracts to design and sell Bartesian cocktail makers and Numilk plant-based milk makers, demonstrating its commitment to innovation and quality in household solutions. Additionally, through its Hamilton Beach Health subsidiary, the company is expanding its presence in home health and medical markets. In a strategic move, Hamilton Beach Health acquired HealthBeacon in 2024, a firm dedicated to developing connected medical devices, enhancing its portfolio and offerings in the healthcare sector.

This increase in the dividend payout is a positive signal to investors, showcasing the company’s focus on generating shareholder value even during fluctuating economic conditions. For stockholders, this decision reflects confidence in the company’s ongoing financial health and its ability to maintain consistent growth.

Hamilton Beach Brands encourages interested parties to visit their official website at www.hamiltonbeachbrands.com for more insights into their product offerings, company updates, and strategic initiatives.

As Hamilton Beach Brands continues to innovate and expand its operations, it maintains a firm commitment not only to its products but also to its valued shareholders, exemplifying a balanced approach to corporate growth and investor engagement.