Hammond Power Solutions Inc. (OTCMKTS:HMDPF – Get Free Report) rose 0.6% during mid-day trading on Tuesday . The company traded as high as C$78.64 and last traded at C$77.29. Approximately 1,182 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 2,177 shares. The stock had previously closed at C$76.83.
Hammond Power Solutions Stock Up 0.6 %
The stock has a fifty day moving average of C$94.77 and a 200-day moving average of C$73.76.
Hammond Power Solutions Increases Dividend
The company also recently announced a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 21st were given a $0.111 dividend. This is an increase from Hammond Power Solutions’s previous dividend of $0.11. This represents a dividend yield of 0.53%. The ex-dividend date was Wednesday, March 20th. Hammond Power Solutions’s dividend payout ratio (DPR) is 58.97%.
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.
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