Hammond Power Solutions Inc. (OTCMKTS:HMDPF – Get Free Report) shares were down 0.7% during trading on Monday . The stock traded as low as C$88.09 and last traded at C$88.37. Approximately 1,509 shares changed hands during trading, a decline of 24% from the average daily volume of 1,983 shares. The stock had previously closed at C$88.95.
Hammond Power Solutions Stock Performance
The business has a 50-day simple moving average of C$93.66 and a two-hundred day simple moving average of C$89.30.
Hammond Power Solutions Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Monday, December 16th were issued a dividend of $0.1955 per share. This represents a dividend yield of 0.83%. The ex-dividend date of this dividend was Friday, December 13th. Hammond Power Solutions’s dividend payout ratio is presently 58.97%.
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.
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