Hamilton Beach Boosts Dividend for March 2025 Payment

Published 1 days agoHBB

Hamilton Beach Boosts Dividend for March 2025 Payment

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.

Share this article

Twitter Facebook LinkedIn

Recent Articles

Walmart Shares Hold Steady With Positive Market Sentiment

Walmart Shares Hold Steady With Positive Market Sentiment

8 minutes agoWMT

Walmart Inc. (NYSE: WMT) is currently trading at $96.72 per share as of May 10, 2025. The stock price reflects a slight decrease of $0.05 from the previous close, maintaining a stable position in the market. With an intraday high and low both recorded at $96.68, the trading volume reached 13,697,822 at the latest trade time. Analysts remain optimistic about Walmart's stock, with numerous firms continuing to assign "Buy" ratings. Price targets for the retailer range from $101 to $120, with BofA Securities among those setting a target at the upper end due to Walmart's strategic growth in areas like digital advertising and third-party marketplace operations, according to investing.com. Walmart is also enhancing shareholder value by increasing its annual dividend by 13% to $0.94 per share, marking a notable 52nd consecutive year of dividend growth. This move underscores the company's robust financial health and commitment to rewarding its investors amidst its ongoing business expansion efforts.

Alibaba's Stock Soars Amidst U.S.-China Trade Progress

Alibaba's Stock Soars Amidst U.S.-China Trade Progress

23 minutes agoBABA

Recent developments in U.S.-China trade talks have provided a boost to Alibaba's stock performance, bringing it closer to a potential buy point. Over the past year, Alibaba's stock has surged by more than 95%, showcasing the company’s robust earnings and bolstering confidence among investors and analysts alike. According to data from tipranks.com, analysts maintain a Strong Buy consensus on Alibaba, with an average price target of $165.31, indicating a projected upside of 17.22%. This optimistic sentiment aligns with China's reaffirmation of its 2025 economic growth target of 5%, as reported by various sources. Such a stable economic environment could greatly benefit companies like Alibaba, further enhancing investor confidence. Moreover, the Chinese government's support for the technology sector may positively influence Alibaba's growth strategies. This policy backdrop, combined with favorable economic forecasts, positions Alibaba well for future expansion. As of the latest trade data, Alibaba’s stock price was at $125.33, with minimal change from its previous close, reflecting stable investor sentiment even amid ongoing global economic discussions.

Skechers to Go Private in $9.4 Billion Deal with 3G Capital

Skechers to Go Private in $9.4 Billion Deal with 3G Capital

53 minutes agoSKX

Skechers, the popular footwear brand, is set to be acquired by 3G Capital in a deal valued at approximately $9.4 billion. The transaction will see Skechers transition from a public company to a private one, with shareholders given the option to choose between $63 per share in cash—representing nearly a 30% premium—or $57 in cash plus equity stakes in the new private entity. Reuters reported that the agreement is expected to close in the third quarter of 2025, subject to regulatory approval. The acquisition deal aligns with Skechers' current leadership strategy, as founder and CEO Robert Greenberg, along with President Michael Greenberg, will remain at the helm. Despite the changes in ownership, the company will maintain its headquarters in California. This continuity is seen as a way to stabilize operations amid existing financial challenges and to build upon the substantial financial performance of 2024, where record revenues of $9 billion and a net income of $640 million were reported. U.S. tariffs on imports from China and Southeast Asia, where Skechers primarily manufactures its products, have been a significant concern leading up to this acquisition. The company has warned that these tariffs could lead to declining profits and possible inventory shortages. Nonetheless, the strategic move to go private could offer Skechers the flexibility it needs to navigate these turbulent economic conditions as it adapts to the evolving marketplace.

SharkNinja Shines with Strong Sales and Stock Surge

SharkNinja Shines with Strong Sales and Stock Surge

SharkNinja, a renowned name in home appliances, recently caught the spotlight as a promising investment option due to its striking financial success. In the first quarter of 2024, the company reported a remarkable 24.7% surge in sales, reaching $1.07 billion and surpassing expectations of $950 million. This growth was primarily fueled by impressive performance in its food preparation, cooking & beverage appliances, and other product categories. Backing this strong performance, several financial institutions have revised their outlook on SharkNinja, boosting the company's stock price targets. Jefferies Financial Group notably upped its price target from $115.00 to $150.00, sustaining a 'buy' rating. Such adjustments reflect increased confidence in SharkNinja's projected growth and market performance. SharkNinja's innovation is driving its expanding portfolio, including launches in new areas like ice cream makers and outdoor grills, alongside fresh offerings in established categories such as vacuums and beverage appliances. Looking ahead, the company plans to introduce new cooling products and fans. Since its public listing in July 2023, SharkNinja's stock has climbed significantly, hitting new highs with its compelling earnings, reported by proactiveinvestors.com.