Hammond Power Solutions Declares Quarterly Dividend

Hammond Power Solutions Rebrand

December 1, 2023

The Board of Directors of Hammond Power Solutions Inc. declared a quarterly cash dividend of fifteen cents ($0.15) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of fifteen cents ($0.15) per Class B Common Share of HPS payable on December 15, 2023, to shareholders of record at the close of business on December 8, 2023. The ex-dividend date is December 7, 2023.

Important Income-Tax Information for Canadian Resident Shareholders

HPS designates the entire amount of this taxable dividend to be an “eligible dividend” for purposes of the Income Tax Act (Canada), as amended from time to time. This notice meets the requirements of the Income Tax Act (Canada). Contact your tax advisor if you have any questions with regard to the designation of the eligible dividend.

For more information, visit the Hammond Power Solutions website HERE.

Related Articles


Changing Scene

  • ABB to Acquire Advantics, Expanding Direct Current Portfolio

    ABB to Acquire Advantics, Expanding Direct Current Portfolio

    ABB is acquiring Advantics, a specialist provider of Silicon Carbide-based power conversion solutions based in France. The acquisition expands ABB’s Direct Current (DC) portfolio and positions the company to serve accelerating demand for efficient DC solutions across data centers, industrial microgrids, power generation and EV infrastructure. Financial terms were not disclosed. The transaction is expected… Read More…

  • Melanie Walker & Kevin MacEwen: New Additions to the Hammond Manufacturing Inside Sales Team

    Melanie Walker & Kevin MacEwen: New Additions to the Hammond Manufacturing Inside Sales Team

    As part of Hammond’s investment in the Western Canadian market, the company has expanded its inside sales team. Based out of its NEW Calgary office, Melanie Walker and Kevin MacEwen will serve as the first point of contact for Hammnd Manufacturing’s electrical enclosure customers in British Columbia, Alberta, and Saskatchewan. Kevin and Melanie will be looking… Read More…


Peers & Profiles