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Helios Technologies Continues Long History of Consecutive Quarterly Cash Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Helios Technologies, Inc. (NYSE: HLIO) declared a quarterly cash dividend of $0.09 per common share, payable on January 20, 2023, to stockholders of record as of January 5, 2023. This marks a continuation of its commitment to returning value to shareholders, with consecutive dividends issued since the first quarter of 1997. Helios operates in diverse markets including construction, agriculture, and health, employing approximately 32.6 million shares of common stock. The company focuses on innovation and acquisitions to enhance its market position.
Positive
Consistent dividend payment of $0.09 per share enhances shareholder value.
Consecutive dividends since the first quarter of 1997 demonstrate financial stability.
Broad operational footprint in diverse markets supports growth.
Negative
None.
SARASOTA, Fla.--(BUSINESS WIRE)--
Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced that its Board of Directors declared a quarterly cash dividend of $0.09 per common share. Helios Technologies has declared consecutive quarterly dividends to its stockholders beginning with the first quarter 1997.
The dividend will be payable on January 20, 2023 to stockholders of record as of January 5, 2023. Helios Technologies has approximately 32.6 million shares of common stock outstanding.
About Helios Technologies
Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine and health and wellness. Helios sells its products to customers in over 90 countries around the world. Its strategy for growth is to be the leading provider in niche markets, with premier products and solutions through innovative product development and acquisition. The Company has paid a cash dividend to its shareholders every quarter since becoming a public company in 1997. For more information please visit: www.heliostechnologies.com and follow us on LinkedIn.