Hammond Power Solutions Inc.

TSX:HPS.A Stock Report

Market Cap: CA$1.2b

Hammond Power Solutions Dividends and Buybacks

Dividend criteria checks 4/6

Hammond Power Solutions is a dividend paying company with a current yield of 1.05% that is well covered by earnings.

Key information

1.1%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield1.1%
Future Dividend Yieldn/a
Dividend Growth-7.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCA$1.100
Payout ratio15%

Recent dividend and buyback updates

Recent updates

Is Hammond Power Solutions Inc. (TSE:HPS.A) Potentially Undervalued?

Jan 21
Is Hammond Power Solutions Inc. (TSE:HPS.A) Potentially Undervalued?

Investors Should Be Encouraged By Hammond Power Solutions' (TSE:HPS.A) Returns On Capital

Dec 20
Investors Should Be Encouraged By Hammond Power Solutions' (TSE:HPS.A) Returns On Capital

These 4 Measures Indicate That Hammond Power Solutions (TSE:HPS.A) Is Using Debt Reasonably Well

Dec 08
These 4 Measures Indicate That Hammond Power Solutions (TSE:HPS.A) Is Using Debt Reasonably Well

Here's Why We Think Hammond Power Solutions (TSE:HPS.A) Might Deserve Your Attention Today

Nov 26
Here's Why We Think Hammond Power Solutions (TSE:HPS.A) Might Deserve Your Attention Today

Hammond Power Solutions Inc. (TSE:HPS.A) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Sep 25
Hammond Power Solutions Inc. (TSE:HPS.A) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

We Think Hammond Power Solutions (TSE:HPS.A) Can Stay On Top Of Its Debt

Jun 18
We Think Hammond Power Solutions (TSE:HPS.A) Can Stay On Top Of Its Debt

We Like Hammond Power Solutions' (TSE:HPS.A) Returns And Here's How They're Trending

May 27
We Like Hammond Power Solutions' (TSE:HPS.A) Returns And Here's How They're Trending

Why We're Not Concerned Yet About Hammond Power Solutions Inc.'s (TSE:HPS.A) 32% Share Price Plunge

May 13
Why We're Not Concerned Yet About Hammond Power Solutions Inc.'s (TSE:HPS.A) 32% Share Price Plunge

Hammond Power Solutions Inc. Just Missed Earnings - But Analysts Have Updated Their Models

May 03
Hammond Power Solutions Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Additional Considerations Required While Assessing Hammond Power Solutions' (TSE:HPS.A) Strong Earnings

Apr 04
Additional Considerations Required While Assessing Hammond Power Solutions' (TSE:HPS.A) Strong Earnings

Subdued Growth No Barrier To Hammond Power Solutions Inc. (TSE:HPS.A) With Shares Advancing 26%

Mar 29
Subdued Growth No Barrier To Hammond Power Solutions Inc. (TSE:HPS.A) With Shares Advancing 26%

Hammond Power Solutions (TSE:HPS.A) Is Investing Its Capital With Increasing Efficiency

Feb 24
Hammond Power Solutions (TSE:HPS.A) Is Investing Its Capital With Increasing Efficiency

Does Hammond Power Solutions (TSE:HPS.A) Have A Healthy Balance Sheet?

Jan 23
Does Hammond Power Solutions (TSE:HPS.A) Have A Healthy Balance Sheet?

Hammond Power Solutions (TSE:HPS.A) Is Paying Out A Larger Dividend Than Last Year

Sep 11
Hammond Power Solutions (TSE:HPS.A) Is Paying Out A Larger Dividend Than Last Year

Does Hammond Power Solutions (TSE:HPS.A) Deserve A Spot On Your Watchlist?

Jun 07
Does Hammond Power Solutions (TSE:HPS.A) Deserve A Spot On Your Watchlist?

Why The 32% Return On Capital At Hammond Power Solutions (TSE:HPS.A) Should Have Your Attention

Mar 31
Why The 32% Return On Capital At Hammond Power Solutions (TSE:HPS.A) Should Have Your Attention

Here's Why Hammond Power Solutions (TSE:HPS.A) Has Caught The Eye Of Investors

Mar 06
Here's Why Hammond Power Solutions (TSE:HPS.A) Has Caught The Eye Of Investors

We Think Hammond Power Solutions (TSE:HPS.A) Can Manage Its Debt With Ease

Oct 29
We Think Hammond Power Solutions (TSE:HPS.A) Can Manage Its Debt With Ease

Calculating The Fair Value Of Hammond Power Solutions Inc. (TSE:HPS.A)

Oct 05
Calculating The Fair Value Of Hammond Power Solutions Inc. (TSE:HPS.A)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: HPS.A's dividends per share have been stable in the past 10 years.

Growing Dividend: HPS.A's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Hammond Power Solutions Dividend Yield vs Market
How does HPS.A dividend yield compare to the market?
SegmentDividend Yield
Company (HPS.A)1.1%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)6.5%
Industry Average (Electrical)0.9%
Analyst forecast (HPS.A) (up to 3 years)n/a

Notable Dividend: HPS.A's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.74%).

High Dividend: HPS.A's dividend (1.05%) is low compared to the top 25% of dividend payers in the Canadian market (6.49%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (14.9%), HPS.A's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (49.1%), HPS.A's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 09:11
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/28
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hammond Power Solutions Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim ByrneAcumen Capital Finance Partners Limited
Al NagarajByron Capital Markets
Matthew LeeCanaccord Genuity