Hammond Power Solutions Inc. (TSE:HPS) Plans Quarterly Dividend of $0.28

Hammond Power Solutions Inc. (TSE:HPS) declared a quarterly dividend on Friday, September 6th, Zacks reports. Shareholders of record on Friday, September 20th will be paid a dividend of 0.275 per share on Friday, September 27th. This represents a $1.10 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Friday, September 20th.

Hammond Power Solutions Stock Performance

Hammond Power Solutions (TSE:HPS) last issued its quarterly earnings results on Thursday, July 25th. The company reported C$1.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$2.30 by C($0.32). The business had revenue of C$197.21 million during the quarter, compared to the consensus estimate of C$191.40 million.

About Hammond Power Solutions

John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.