HAMILTON BEACH BRANDS HOLDING COMPANY INCREASES DIVIDEND BY 5% | Nation/World

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GLEN ALLEN, Va., May 18, 2022 /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, increasing the amount quarterly from $0.10 per share to $0.105 per share.

The dividend is payable on the Class A and Class B common shares and will be paid on June 15, 2022 to shareholders of record at the close of business on June 1, 2022.

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 brand name small appliances and specialty household items , 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®, Brightline® and Hamilton Beach Health®. Trademarks owned by the Company include Hamilton Beach Commercial® and Proctor Silex Commercial®. Hamilton Beach Brands licenses the brands of Wolf Gourmet® Countertop Appliances, CHI® Premium Clothing Care Products, Clorox® Air Purifiers and Brita™ Countertop Water Appliances. Hamilton Beach Brands markets and distributes the premium Bartesian® cocktail delivery system under an exclusive, multi-year agreement. Hamilton Beach Brands entered the home medicine market through a multi-year agreement with HealthBeacon plc and is the exclusive marketer and distributor of an intelligent injection care management system in the United States and Canada under the new brand name Hamilton Beach Health®. For more information about Hamilton Beach Brands Holding Company, visit hamiltonbeachbrands.com.

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SOURCE Hamilton Beach Brands Holding Company

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