Hammond Power Solutions Stock

Hammond Power Solutions Dividend 2024

Hammond Power Solutions Dividend

0.55 CAD

Hammond Power Solutions Dividend yield

0.43 %

Ticker

HPS.A.TO

ISIN

CA4085491039

WKN

A0LF51

How much dividend does Hammond Power Solutions 2024 pay?

According to the latest status from September 2024, Hammond Power Solutions paid a total of 0.55 CAD per share in dividends within the last 12 months. With the current Hammond Power Solutions price of 127.47 CAD, this corresponds to a dividend yield of 0.43 %. A dividend is paid times per year.

0.43 % Dividend Yield=
0.55 CAD Dividend
127.47 CAD Stock Price

Historical Hammond Power Solutions Dividends

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

PaydateDividend
7/18/20240.28
4/20/20240.15
1/7/20240.15
10/14/20230.15
7/19/20230.13
4/22/20230.13
1/7/20230.1
10/15/20220.1
7/20/20220.1
4/16/20220.09
1/9/20220.09
10/16/20210.09
7/21/20210.09
4/17/20210.09
1/9/20210.09
10/18/20200.09
7/10/20200.09
4/18/20200.09
1/3/20200.07
10/19/20190.07
1
2
3

Hammond Power Solutions dividend history and estimates

In 2023, Hammond Power Solutions paid a dividend amounting to 0.55 CAD. Dividend means that Hammond Power Solutions 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 Power Solutions 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 Power Solutions’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Hammond Power Solutions'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 Power Solutions Dividend History

DateHammond Power Solutions Dividend
2026e0.66 undefined
2025e0.67 undefined
2024e0.66 undefined
20230.55 undefined
20220.39 undefined
20210.34 undefined
20200.34 undefined
20190.28 undefined
20180.24 undefined
20170.24 undefined
20160.24 undefined
20150.24 undefined
20140.24 undefined
20130.2 undefined
20120.18 undefined
20110.15 undefined
20100.13 undefined
20090.1 undefined

Is the Hammond Power Solutions Dividend Safe?

Hammond Power Solutions has been increasing the dividend for 2 years.

Over the past 10 years, Hammond Power Solutions has increased it by an annual 10.645 %.

Over a five-year period, the distribution increased by 18.04%.

Analysts expect a Dividend Increase of 9.732% for the current fiscal year.

Hammond Power Solutions dividend payout ratio

In 2023, Hammond Power Solutions had a payout ratio of 21.68%. The payout ratio indicates the percentage of the company's profits that Hammond Power Solutions 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 Power Solutions 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 Power Solutions 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 Power Solutions'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 Power Solutions Payout Ratio History

DateHammond Power Solutions Payout ratio
2026e19.41 %
2025e17.11 %
2024e19.46 %
202321.68 %
202210.2 %
202126.49 %
202028.33 %
201928.57 %
2018-21.82 %
201746.15 %
2016150 %
201545.28 %
2014109.09 %
201338.46 %
201216.67 %
201129.41 %
201014.29 %
200912.2 %
200821.68 %
200721.68 %
200621.68 %
200521.68 %
200421.68 %

Dividend Details

Understanding Hammond Power Solutions's Dividend Distributions

Hammond Power Solutions’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 Power Solutions'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 Power Solutions'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 Power Solutions’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 Power Solutions Aktienanalyse

What does Hammond Power Solutions do?

Hammond Power Solutions Inc is a company that offers a wide range of electrical engineering products and services. The company was founded in 1917 and is headquartered in Guelph, Ontario, Canada. The company specializes in the development and manufacturing of electrical transformers, chokes, filters, motors, and power supplies. These products are used in a variety of industries, such as power generation and distribution, automotive, aviation, transportation, and industrial automation. Hammond Power Solutions Inc has a long history in the electrical engineering industry. Over the past 100 years, the company has built a reputation for quality and innovation. The company has received multiple awards and has obtained numerous patents for its products. Hammond Power Solutions operates four business divisions: Transformers, Chokes, Filters & Protection, and Power Supplies. Each division offers a variety of products tailored to specific industry requirements. The Transformer Division of Hammond Power Solutions produces a wide range of transformer products serving both the industrial and power supply industries. The product range includes oil-immersed transformers, VPI transformers, and traction transformers, among others. The Choke Division of Hammond Power Solutions manufactures electrical chokes used in various applications such as compressed air systems, UPS systems, and industrial automation systems. These products are designed for highest quality to ensure reliability and performance. The Filters & Protection Division of the company produces filter systems and surge protection devices used in areas such as telecommunications and industrial equipment. The products are developed to improve the stability and productivity of the devices they are used in. The Power Supply Division of Hammond Power Solutions manufactures custom AC/DC, DC/DC, switching, linear technology, and custom power supplies. These products are used in a variety of applications such as aviation, rail transportation, telecommunications, and medical equipment. In addition to producing high-quality electrical engineering products, Hammond Power Solutions also offers a wide range of services. The company has an experienced team of technicians and engineers who assist customers in product development, testing, and evaluation. Hammond Power Solutions products are characterized by innovative technologies and highest quality. The company places great emphasis on research and development to ensure that its products meet the latest technological standards. The company also works closely with customers to ensure that its products meet their requirements. Overall, Hammond Power Solutions Inc is a leading company in the electrical engineering industry. With a wide product range, an experienced team of engineers and technicians, and a reputation for quality and innovation, the company has a long and successful history. Hammond Power Solutions 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 Power Solutions stock

How much dividend does Hammond Power Solutions pay?

Over the past 12 months, Hammond Power Solutions paid a dividend of 0.55 CAD . This corresponds to a dividend yield of about 0.43 %. For the coming 12 months, Hammond Power Solutions is expected to pay a dividend of 0.67 CAD.

What is the dividend yield of Hammond Power Solutions?

The current dividend yield of Hammond Power Solutions is 0.43 %.

When does Hammond Power Solutions pay dividends?

Hammond Power Solutions pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Hammond Power Solutions?

Hammond Power Solutions paid dividends every year for the past 18 years.

What is the dividend of Hammond Power Solutions?

For the upcoming 12 months, dividends amounting to 0.67 CAD are expected. This corresponds to a dividend yield of 0.52 %.

In which sector is Hammond Power Solutions located?

Hammond Power Solutions is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hammond Power Solutions kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hammond Power Solutions from 6/25/2024 amounting to 0.275 CAD, you needed to have the stock in your portfolio before the ex-date on 6/18/2024.

When did Hammond Power Solutions pay the last dividend?

The last dividend was paid out on 6/25/2024.

What was the dividend of Hammond Power Solutions in the year 2023?

In the year 2023, Hammond Power Solutions distributed 0.385 CAD as dividends.

In which currency does Hammond Power Solutions pay out the dividend?

The dividends of Hammond Power Solutions are distributed in CAD.

Andere Kennzahlen von Hammond Power Solutions

Our stock analysis for Hammond Power Solutions 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 Power Solutions Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.