Hammond Power Solutions Inc. to Issue Dividend of $0.19 (OTCMKTS:HMDPF)

Hammond Power Solutions Inc. (OTCMKTS:HMDPF) announced a dividend on Tuesday, March 18th, investing.com reports. Stockholders of record on Monday, March 24th will be paid a dividend of 0.1927 per share on Friday, March 28th. This represents a dividend yield of 1.36%. The ex-dividend date is Friday, March 21st.

Hammond Power Solutions Stock Performance

Shares of HMDPF opened at C$56.81 on Wednesday. Hammond Power Solutions has a fifty-two week low of C$52.48 and a fifty-two week high of C$117.26. The firm has a 50 day moving average price of C$68.33 and a 200-day moving average price of C$85.73.

About Hammond Power Solutions

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.