Hammond Manufacturing Company Limited (TSX: HMM.A) announced that its Board of Directors has declared a dividend of $0.03 per Class A Subordinate Voting Share and $0.03 per Class B Common share, payable on August 21, 2026, to shareholders of record at the close of business on August 10, 2026. The company emphasized that no formal dividend policy has been adopted, and no decision has been made regarding future dividends.
The dividend is designated as an “eligible dividend” under the Income Tax Act (Canada), which provides Canadian resident shareholders with favorable tax treatment. This designation requires shareholders to consult their tax advisors for specific implications.
Hammond Manufacturing, based in Guelph, Ontario, produces metallic and non-metallic enclosures, racks, small cases, outlet strips, surge suppressors, and electronic transformers for the electronic and electrical products industry. The company’s shares are listed on the Toronto Stock Exchange under the symbol HMM.A.
For further information, contact Robert F. Hammond, Chairman and CEO, at (519) 822-2960 or visit the original release on NewMediaWire.
