Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Hyster-Yale announces quarterly dividend of 32.5 cents

Published 14/02/2024, 11:12 am
© Reuters.
HY
-

CLEVELAND - Hyster-Yale Materials Handling, Inc. (NYSE: NYSE:HY), a leading company in the materials handling industry, declared a regular cash dividend for its shareholders today. The Board of Directors has announced a dividend of 32.5 cents per share on both the Class A and Class B Common Stock, payable on March 15, 2024, to stockholders of record as of the close of business on March 1, 2024.

The Cleveland-based corporation is recognized for its comprehensive range of lift trucks and materials handling solutions that cater to a variety of customer needs. Hyster-Yale's commitment to delivering productivity and customer care is evident in its approach to understanding customer applications and providing solutions that aim to enhance productivity while minimizing the total cost of ownership. The company's focus extends beyond sales, emphasizing ongoing value through customer service throughout the product lifecycle.

Hyster-Yale operates through its wholly owned subsidiary, Hyster-Yale Group, Inc., which is responsible for the design, engineering, manufacturing, sale, and service of a broad line of lift trucks and aftermarket parts. These products are marketed globally under the well-known Hyster® and Yale® brand names.

Additionally, Hyster-Yale owns subsidiaries such as Bolzoni S.p.A., a prominent producer of attachments, forks, and lift tables, and Nuvera Fuel Cells, LLC, which specializes in alternative-power technologies like fuel cell stacks and engines.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.