Mr. David Feick reports
HAMMOND POWER SOLUTIONS DECLARES QUARTERLY DIVIDEND
The board of directors of Hammond Power Solutions Inc. has declared a quarterly cash dividend of 15 cents per Class A subordinate voting share and a quarterly cash dividend of 15 cents per Class B common share, payable on Dec. 15, 2023, to shareholders of record at the close of business on Dec. 8, 2023. The ex dividend date is Dec. 7, 2023.
Important income tax information for Canadian resident shareholders
The company 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). Please contact your tax adviser if you have any questions with regard to the designation of the eligible dividend.
About Hammond Power Solutions Inc.
Hammond Power Solutions enables electrification through its broad range of dry-type transformers, power-quality products and related magnetics. Hammond Power's standard and custom-designed products are essential and ubiquitous in electrical distribution networks through an extensive range of end-user applications. The company has manufacturing plants in Canada, the United States, Mexico and India, and sells its products around the globe.
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