/PRNewswire/ Hamilton Beach Brands Holding Company (NYSE: HBB) announced today that Gregory H. Trepp, president and chief executive officer; Michelle O..
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Newark, NJ, May 27, 2021 (GLOBE NEWSWIRE) According to the report published by Fior Markets, the
global food dehydrators market is expected to grow from USD 2.15 billion in 2020 and reach USD 3.68 billion by 2028 while growing at a CAGR of 7% during the forecast period 2021-2028.
A significant increase in the use of food dehydrators is observed, especially in the hotel industry, where there is a vast amount of food wastage. The hotel industry, parties, etc., often let a lot of food go to waste. Still, several initiatives are being taken by the government and various organizations to curb this wastage by preserving the unconsumed food using dehydrators. These factors and the consumer awareness about reducing food wastage and the increase in demand for dry food have significantly driven the growth of the food dehydrators market. The ease of packaging and ease of use are some of the advantages of using food dehydrators that have propelled the adoption of this product.
Hamilton Beach Brands Holding Company Increases Dividend By 5%
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GLEN ALLEN, Va., May 19, 2021 /PRNewswire/ The Board of Directors of Hamilton Beach Brands Holding Company (NYSE: HBB) has approved a 5% increase in the Company s regular quarterly cash dividend, raising the quarterly amount from $0.095 per share to $0.10 per share.
The dividend is payable on both the Class A and Class B Common Stock and will be paid June 15, 2021 to stockholders of record at the close of business on June 1, 2021.
About Hamilton Beach Brands Holding Company
Hamilton Beach Brands Holding Company is a holding company for Hamilton Beach Brands, Inc., a leading designer, marketer, and distributor of a wide range of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels. The Company s consumer brands include Hamilton Beach
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ResearchAndMarkets.com s offering.
The global air purifier market size is expected to reach USD 22.80 billion by 2028 and is expected to expand at a CAGR of 10.0% from 2021 to 2028.
The market for air purifiers is primarily driven by increasing air pollution levels, coupled with the outbreak of the COVID-19 pandemic and the rising awareness pertaining to the benefits of air purifiers.
Air purifiers assist in eliminating various health hazards caused by poor air quality by removing contaminants, including dust, smoke, and pollen. In addition, these products aid people suffering from asthma, airborne allergies, and other respiratory conditions. Thus, increasing health awareness among consumers is expected to drive the product demand over the forecast period.