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

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

Hammond Power Solutions Stock Up 4.4 %

Shares of OTCMKTS:HMDPF opened at C$99.28 on Thursday. The business’s 50-day moving average is C$83.33 and its 200 day moving average is C$86.31. Hammond Power Solutions has a 1 year low of C$35.79 and a 1 year high of C$117.26.

Hammond Power Solutions Company Profile

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.