Hammond Power Solutions Inc. (OTCMKTS:HMDPF – Get Free Report)’s stock price was down 1.1% during trading on Tuesday . The company traded as low as C$49.85 and last traded at C$51.01. 6,676 shares changed hands during trading, an increase of 15% from the average session volume of 5,796 shares. The stock had previously closed at C$51.57.
Hammond Power Solutions Price Performance
The company has a 50-day moving average price of C$60.16 and a 200 day moving average price of C$81.85.
Hammond Power Solutions Cuts Dividend
The firm also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.1927 dividend. The ex-dividend date of this dividend was Friday, March 21st. This represents a yield of 1.36%. 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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