Hammond Power Solutions (OTCMKTS:HMDPF) Shares Up 1% – What’s Next?

by · The Cerbat Gem

Hammond Power Solutions Inc. (OTCMKTS:HMDPF – Get Free Report)’s share price traded up 1% during trading on Wednesday . The stock traded as high as C$96.95 and last traded at C$96.88. 597 shares changed hands during trading, a decline of 69% from the average session volume of 1,952 shares. The stock had previously closed at C$95.95.

Hammond Power Solutions Price Performance

The stock’s fifty day moving average is C$98.82 and its two-hundred day moving average is C$88.04.

Hammond Power Solutions Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.2032 per share. This is an increase from Hammond Power Solutions’s previous dividend of $0.20. This represents a dividend yield of 0.9%. The ex-dividend date was Friday, September 20th. Hammond Power Solutions’s payout ratio is currently 58.97%.

About Hammond Power Solutions

(Get Free Report)

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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