Hammond Manufacturing Dividends

HMM-A Stock  CAD 10.45  0.46  4.60%   
At this time, Hammond Manufacturing's Dividends Paid is comparatively stable compared to the past year. Dividend Payout Ratio is likely to gain to 0.04 in 2024, whereas Dividend Yield is likely to drop 0.01 in 2024. Hammond Manufacturing's past performance could be the main factor of why investors trade Hammond Manufacturing stock today. Investors should clearly understand every aspect of the Hammond Manufacturing dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Hammond Manufacturing's dividend schedule and payout information. Hammond Manufacturing dividends can also provide a clue to the current valuation of Hammond Manufacturing.
Last ReportedProjected for Next Year
Dividends Paid782 K821.1 K
Dividend Yield 0.01  0.01 
Dividend Payout Ratio 0.04  0.04 
Dividend Paid And Capex Coverage Ratio 1.17  0.95 
One of the primary advantages of investing in dividend-paying companies such as Hammond Manufacturing is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive.
  
Investing in stocks that pay dividends is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in Hammond Manufacturing must own a stock before its ex-dividend date to receive its next dividend.

Hammond Manufacturing Past Distributions to stockholders

Please note, there is a significant difference between Hammond Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hammond Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hammond Manufacturing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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