Acumen Capital upgraded shares of Hammond Power Solutions (TSE:HPS – Free Report) to a strong-buy rating in a report published on Tuesday, Zacks.com reports.
Hammond Power Solutions Stock Performance
Hammond Power Solutions (TSE:HPS – Get Free Report) last released its quarterly earnings results on Thursday, July 25th. The company reported C$1.98 earnings per share (EPS) for the quarter, missing the consensus estimate of C$2.30 by C($0.32). The firm had revenue of C$197.21 million for the quarter, compared to analysts’ expectations of C$191.40 million.
Hammond Power Solutions Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 20th will be given a $0.275 dividend. The ex-dividend date of this dividend is Friday, September 20th. This represents a $1.10 dividend on an annualized basis and a dividend yield of ∞.
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.
Featured Stories
- Five stocks we like better than Hammond Power Solutions
- Learn Technical Analysis Skills to Master the Stock Market
- REITs on the Rise After Rate Cuts: Where to Invest Now
- What is the S&P 500 and How It is Distinct from Other Indexes
- Is Viking Therapeutics Ready For Another Surge?
- Compound Interest and Why It Matters When Investing
- AI Boom and Rate Cuts Boost Utility Stocks: Best Growth Picks
Receive News & Ratings for Hammond Power Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hammond Power Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
