Hyster-Yale Materials Handling Declares Quarterly Dividend
Hyster-Yale Materials Handling (NYSE: HY) declared a cash dividend of 31.75 cents per share, payable on December 15, 2020. This dividend applies to both Class A and Class B Common Stock, with record stockholders noted on December 1, 2020. The announcement underscores Hyster-Yale's ongoing commitment to returning value to shareholders amidst its operational activities focused on materials handling solutions.
- Dividend payment of 31.75 cents per share reflects company's commitment to returning value to shareholders.
- Scheduled dividend payment may enhance investor confidence.
- None.
CLEVELAND, Nov. 10, 2020 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) today announced that the Board of Directors declared a regular cash dividend of 31.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid December 15, 2020 to stockholders of record at the close of business on December 1, 2020.
About Hyster-Yale Materials Handling, Inc.
Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, offers a broad array of solutions to meet the specific materials handling needs of customers' applications. The Company's wholly owned operating subsidiary, Hyster-Yale Group, Inc., designs, engineers, manufactures, sells and services a comprehensive line of lift trucks and aftermarket parts marketed globally primarily under the Hyster® and Yale® brand names. Subsidiaries of Hyster-Yale include Nuvera Fuel Cells, LLC, an alternative-power technology company focused on fuel cell stacks and engines, and Bolzoni S.p.A., a leading worldwide producer of attachments, forks and lift tables marketed under the Bolzoni®, Auramo® and Meyer® brand names. Hyster-Yale also has significant joint ventures in Japan (Sumitomo NACCO) and in China (Hyster-Yale Maximal). For more information about Hyster-Yale and its subsidiaries, visit the Company's website at www.hyster-yale.com.
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SOURCE Hyster-Yale Materials Handling, Inc.
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