Hammond Power Solutions Inc. (OTCMKTS:HMDPF) Raises Dividend to $0.20 Per Share

Hammond Power Solutions Inc. (OTCMKTS:HMDPF) announced a dividend on Tuesday, September 17th, investing.com reports. Shareholders of record on Monday, September 23rd will be given a dividend of 0.2032 per share on Friday, September 27th. This represents a yield of 0.9%. The ex-dividend date of this dividend is Friday, September 20th. This is an increase from Hammond Power Solutions’s previous dividend of $0.20.

Hammond Power Solutions Stock Performance

HMDPF opened at C$95.10 on Wednesday. Hammond Power Solutions has a 12 month low of C$35.79 and a 12 month high of C$117.26. The business’s 50-day moving average price is C$82.85 and its 200-day moving average price is C$86.22.

About Hammond Power Solutions

Hammond Power Solutions Inc, together with its subsidiaries, engages in the design, manufacture, and sale of various transformers in Canada, the United States, Mexico, and India. It offers custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers, and standard electrical transformers to the electrical and electronic industries.