Hammond Power Solutions Increases Quarterly Dividend by 5.5%
Hammond Power Solutions Inc. (HPS.A:CA) has announced a quarterly dividend of CAD 0.29 per share, representing a 5.5% increase from the previous payout of CAD 0.28. The new dividend will be payable on September 24 to shareholders of record as of September 17, with an ex-dividend date also set for September 17. The company's decision follows its recent performance and growing demand in power infrastructure sectors such as AI-related energy needs and transformer markets. Hammond Power Solutions has positioned itself at the forefront of these developments, which may justify the premium pricing seen by investors seeking exposure to this sector.
Tickers: $HMDPF
Topics: dividends Hammond Power Solutions