Hamilton Beach Brands raises quarterly dividend by 4%

5 articles · Updated · MarketWatch · May 8

The board lifted the payout to 12.5 cents a share from 12 cents, with payment due on 16 June to shareholders on record by 1 June.
Based on Friday's closing price of $20.92, the new annualised dividend implies a yield of about 2.4%.
The increase signals a modest boost in cash returns for investors in the household appliance maker.

With falling sales and a weak profit forecast, is this dividend hike truly sustainable?

Why is Hamilton Beach's stock trading near $21 when its estimated fair value is below $3?

A court ruling boosted profits amid lower sales. Can the company succeed without another legal windfall?