Hammond Manufacturing Company Ltd T.HMM.A

Alternate Symbol(s): HMFAF

Technology Scientific & Technical Instruments

Hammond Manufacturing Company Limited is a Canada-based company, which is involved in the design, manufacture, and sale of electrical and electronic components. The Company manufactures a range of products for the electronic and electrical products industry, including metallic and non-metallic enclosures, racks, small cases, outlet strips, surge suppressors and electronic transformers. Its primary products include electrical and electronic enclosures, racks and cabinets, power bars, and electronic (low voltage) transformers. The Company and its subsidiaries operate in Canada, the United States, the United Kingdom and Australia and Taiwan. Its products include Mild Steel Enclosures (Type 12, 4), Stainless Steel Enclosures (Type 4X), Aluminum Enclosures (Type 4X), Disconnect Enclosures, Modular Freestanding Enclosures, Operator Interface Enclosures, Wireway & Trough, Commercial Enclosures, Rack Accessories, General Accessories, Low Voltage or High Voltage Tube plate, and others.

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Hammond Manufacturing Company Ltd > Dividend

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Comment by babybunnyon Apr 06, 2021 4:15pm

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Post# 32943455

RE:RE:Dividend

Hammond can certainly afford to pay more to shareholders and still retire the debt at a good clip. The debt is not nearly high enough to pose any real risk.

I would prefer to see about 30% of earnings paid out. If we assume normal EPS of $0.50, this would result in a juicy $0.15 annual dividend The remaining $0.35 per share could be used to retire debt or grow assets.

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