Hammond Power Solutions Inc. (HPS) to Issue Quarterly Dividend of $0.28 on September 27th

Hammond Power Solutions Inc. (TSE:HPS) declared a quarterly dividend on Friday, September 6th, Zacks reports. Stockholders of record on Friday, September 20th will be paid a dividend of 0.275 per share on Friday, September 27th. This represents a $1.10 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Friday, September 20th.

Hammond Power Solutions Stock Performance

Hammond Power Solutions (TSE:HPS) last released its quarterly earnings results on Thursday, July 25th. The company reported C$1.98 earnings per share for the quarter, missing analysts’ consensus estimates of C$2.30 by C($0.32). The company had revenue of C$197.21 million during the quarter, compared to analyst estimates of C$191.40 million.

About Hammond Power Solutions

John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.