Hammond Power Solutions (TSE:HPS.A) has released an update.
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Hammond Power Solutions Inc. has announced a quarterly dividend of $0.275 for both its Class A Subordinate Voting Shares and Class B Common Shares, with a payment date set for September 27, 2024, to shareholders on record as of September 20, 2024. The dividend is designated as ‘eligible’ for Canadian tax purposes, indicating potential tax advantages for Canadian resident shareholders. Investors are reminded that future dividends are subject to the discretion of the Board and are cautioned not to place undue reliance on forward-looking statements.
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