Hammond Power Solutions Inc. (OTCMKTS:HMDPF – Get Free Report)’s stock price fell 4.3% on Wednesday . The company traded as low as C$63.00 and last traded at C$63.45. 957 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 4,302 shares. The stock had previously closed at C$66.29.
Hammond Power Solutions Price Performance
The firm’s 50-day moving average price is C$83.07 and its two-hundred day moving average price is C$89.74.
Hammond Power Solutions Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Monday, December 16th were issued a dividend of $0.1955 per share. The ex-dividend date was Friday, December 13th. This represents a dividend yield of 0.83%. Hammond Power Solutions’s dividend payout ratio is presently 58.97%.
Hammond Power Solutions Company Profile
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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