GLEN
ALLEN, Va., May 11, 2023
/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 $0.105 per share to
$0.11 per share.
The dividend is payable on both the Class A and Class B Common
Stock and will be paid June 15, 2023,
to stockholders of record at the close of business on June 1, 2023.
About Hamilton Beach Brands Holding Company
Hamilton
Beach Brands Holding Company operates through its wholly owned
subsidiary 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 owned consumer brands include Hamilton
Beach®, Proctor Silex®, Hamilton Beach
Professional®, Weston®, TrueAir®,
and Hamilton Beach Health®. The Company's owned
commercial brands include Hamilton Beach Commercial® and
Proctor Silex Commercial®. Hamilton Beach Brands
licenses the brands for Wolf Gourmet® countertop
appliances, CHI® premium garment care products,
Clorox™ True HEPA air purifiers, and Brita
Hub™ countertop electric water filtration appliances. Hamilton
Beach Brands has exclusive multiyear agreements to design, sell,
market and distribute Bartesian® premium cocktail
delivery machines, the Smart Sharps Bin™ from Hamilton Beach
Health® powered by HealthBeacon®, and
specialty appliances to create Numilk® non-dairy fresh
milk on demand. For more information about Hamilton Beach Brands
Holding Company, visit hamiltonbeachbrands.com.
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SOURCE Hamilton Beach Brands Holding Company