Hammond Power Solutions declares $0.29 quarterly dividend, raises payout 5.5%

  • Hammond Power Solutions declared quarterly dividends on its Class A and Class B shares.
  • $0.29 per share is payable September 24, 2026, to shareholders of record September 17.
  • HPS designated the entire taxable dividend as an eligible dividend under Canadian tax law.

Hammond Power Solutions Inc. (TSX: HPS.A) declared quarterly cash dividends of $0.29 per Class A Subordinate Voting Share and $0.29 per Class B Common Share, an increase of $0.015, or 5.5%. The dividend is payable September 24, 2026, to shareholders of record at the close of business on September 17, with September 17 also set as the ex-dividend date. HPS said the entire taxable dividend is designated as an eligible dividend under the Income Tax Act (Canada). The company cautioned that the timing, amount and payment of future dividends remain at the discretion of its Board of Directors. HPS manufactures dry-type transformers, power quality products, and related magnetic and power conversion systems, with plants in North America, Europe and Asia and sales worldwide.

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