Hammond Power Solutions declares quarterly dividend of $0.275 per share
Board declared cash dividends payable on June 17, 2026 to shareholders of record June 10, 2026.
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Dry-type and oil-filled transformer manufacturer
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In short: Hammond Power Solutions reported record Q1 2026 financial results, declared quarterly dividends, and planned the acquisition of AEG Power Solutions.
Board declared cash dividends payable on June 17, 2026 to shareholders of record June 10, 2026.
Highlights record sales, strong backlog, U.S./Mexico growth, data center demand, Mexico facility ramp-up, tariff pressures, and AEG Power Solutions acquisition. Covers electrification trends.
Record sales reach $265 million, up 31.5%. Gross margin improves to 30.1%. Adjusted EBITDA is $41 million. Backlog grows 94.6% from Q1 2025.
Results release on May 5, 2026, after markets close. Call and webcast on May 6 at 9 a.m. ET. Registration links provided.
In a June 9 report, Sidhu maintained his “Outperform” rating and raised his target on Hammond to $355.00 from $325.00 ...
A global spending spree on AI-powered data centers has pushed capital expenditure forecasts sharply higher, turning power infrastructure gear into a critical bottleneck for the...
GUELPH, Ontario, May 29, 2026 (GLOBE NEWSWIRE) — (TSX: HPS.A) The Board of Directors of Hammond Power Solutions Inc. ("HPS") declared a quarterly cash dividend...
Hammond Power Solutions reported first-quarter 2026 revenue growth and margin pressure, giving US investors a fresh look at North American transformer demand and tariff exposure.
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