Hammond Manufacturing Company Stock

Hammond Manufacturing Company Dividend 2024

Hammond Manufacturing Company Dividend

0.06 CAD

Hammond Manufacturing Company Dividend yield

0.68 %

Ticker

HMM.A.TO

ISIN

CA40851T1021

WKN

A112MR

How much dividend does Hammond Manufacturing Company 2024 pay?

According to the latest status from October 2024, Hammond Manufacturing Company paid a total of 0.06 CAD per share in dividends within the last 12 months. With the current Hammond Manufacturing Company price of 8.88 CAD, this corresponds to a dividend yield of 0.68 %. A dividend is paid times per year.

0.68 % Dividend Yield=
0.06 CAD Dividend
8.88 CAD Stock Price

Historical Hammond Manufacturing Company Dividends

A dividend is paid times per year. Last year, the payout months were April and September.

PaydateDividend
9/12/20240.03
4/13/20240.03
9/11/20230.03
4/15/20230.03
9/12/20220.03
4/16/20220.03
9/19/20210.02
4/17/20210.02
9/20/20200.02
4/12/20200.02
9/26/20190.02
4/14/20190.02
9/27/20180.02
4/15/20180.02
9/9/20170.02
6/10/20160.02
2/13/20150.02
4/26/20140.02
4/26/20130.02
7/4/20120.02
1
2

Hammond Manufacturing Company dividend history and estimates

In 2023, Hammond Manufacturing Company paid a dividend amounting to 0.06 CAD. Dividend means that Hammond Manufacturing Company distributes a portion of its profits to its owners.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Hammond Manufacturing Company provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Hammond Manufacturing Company’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Hammond Manufacturing Company's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Hammond Manufacturing Company Dividend History

DateHammond Manufacturing Company Dividend
20230.06 undefined
20220.06 undefined
20210.04 undefined
20200.04 undefined
20190.04 undefined
20180.04 undefined
20170.02 undefined
20160.02 undefined
20150.02 undefined
20140.02 undefined
20130.02 undefined
20120.02 undefined
20110.02 undefined
20100.02 undefined

Is the Hammond Manufacturing Company Dividend Safe?

Hammond Manufacturing Company has been increasing the dividend for 2 years.

Over the past 10 years, Hammond Manufacturing Company has increased it by an annual 11.612 %.

Over a five-year period, the distribution increased by 8.447%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Hammond Manufacturing Company dividend payout ratio

In 2023, Hammond Manufacturing Company had a payout ratio of 5.81%. The payout ratio indicates the percentage of the company's profits that Hammond Manufacturing Company distributes as dividends.
  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Hammond Manufacturing Company represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Hammond Manufacturing Company could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Hammond Manufacturing Company's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Hammond Manufacturing Company Payout Ratio History

DateHammond Manufacturing Company Payout ratio
20235.81 %
20225.67 %
20215.89 %
20205.88 %
20199.52 %
201812.12 %
20175 %
201633.33 %
20156.45 %
20146.25 %
201310 %
201213.33 %
201112.5 %
201010 %
20095.81 %
20085.81 %
20075.81 %
20065.81 %
20055.81 %
20045.81 %

Dividend Details

Understanding Hammond Manufacturing Company's Dividend Distributions

Hammond Manufacturing Company’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Hammond Manufacturing Company's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Hammond Manufacturing Company's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Hammond Manufacturing Company’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Hammond Manufacturing Company Aktienanalyse

What does Hammond Manufacturing Company do?

The Hammond Manufacturing Company Ltd is a company specialized in the production of electronic components and housings. The company was founded in 1917 in Guelph, Ontario, Canada, by Oliver S. Hammond. It has since become a global manufacturer of housings and electronic components. Hammond's original business model was to manufacture electric instruments, such as organs. However, over the years, the company shifted its focus to housings and components and became a leading manufacturer in this field. In 1936, Hammond produced the world's first metal housing for electrical devices, laying the foundation for its current business. Today, Hammond offers a wide range of products, ranging from small housings for electronic components to large server housings. The company operates in multiple business areas and provides products for various industries, including telecommunications, information technology, entertainment electronics, and the automotive industry. Hammond's product range includes housings in various shapes, sizes, and materials, including steel, aluminum, and plastic. The housings are available in numerous standard sizes but can also be custom-made according to customer specifications. Hammond also offers a wide range of accessories, including switches, knobs, handles, fans, and connectors. An important area of Hammond's business is the production of transformers and chokes. These products are essential in many different applications, such as power supply and audio electronics. Hammond produces a wide range of transformers and chokes in standard and custom designs. The company also has a division specialized in custom manufacturing solutions. This division offers tailor-made products and solutions specifically designed to meet the requirements of customers in various industries. Hammond is headquartered in Canada but also has production facilities in the United States and the United Kingdom. The company also has distribution partners and representatives in many other countries. Hammond is an ISO 9001 certified company and maintains strict quality control systems to ensure its products meet the highest standards. Overall, Hammond Manufacturing has earned an excellent reputation as a manufacturer of high-quality housings and electronic components. The company has a long history in this field and is now a leading manufacturer of housings and components in many different industries. The wide product range, including custom solutions, as well as the global presence, make Hammond an important partner for customers around the world. Hammond Manufacturing Company is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Hammond Manufacturing Company stock

How much dividend does Hammond Manufacturing Company pay?

Over the past 12 months, Hammond Manufacturing Company paid a dividend of 0.06 CAD . This corresponds to a dividend yield of about 0.68 %. For the coming 12 months, Hammond Manufacturing Company is expected to pay a dividend of 0.06 CAD.

What is the dividend yield of Hammond Manufacturing Company?

The current dividend yield of Hammond Manufacturing Company is 0.68 %.

When does Hammond Manufacturing Company pay dividends?

Hammond Manufacturing Company pays a quarterly dividend. This is distributed in the months of April, September, April, September.

How secure is the dividend of Hammond Manufacturing Company?

Hammond Manufacturing Company paid dividends every year for the past 14 years.

What is the dividend of Hammond Manufacturing Company?

For the upcoming 12 months, dividends amounting to 0.06 CAD are expected. This corresponds to a dividend yield of 0.68 %.

In which sector is Hammond Manufacturing Company located?

Hammond Manufacturing Company is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hammond Manufacturing Company kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hammond Manufacturing Company from 8/23/2024 amounting to 0.03 CAD, you needed to have the stock in your portfolio before the ex-date on 8/12/2024.

When did Hammond Manufacturing Company pay the last dividend?

The last dividend was paid out on 8/23/2024.

What was the dividend of Hammond Manufacturing Company in the year 2023?

In the year 2023, Hammond Manufacturing Company distributed 0.06 CAD as dividends.

In which currency does Hammond Manufacturing Company pay out the dividend?

The dividends of Hammond Manufacturing Company are distributed in CAD.

Andere Kennzahlen von Hammond Manufacturing Company

Our stock analysis for Hammond Manufacturing Company Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hammond Manufacturing Company Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.