Hyster-Yale Materials Handling Declares Quarterly Dividend
Hyster-Yale Materials Handling, Inc. (NYSE: HY) has increased its cash dividend from 31.75 cents to 32.25 cents per share, effective June 15, 2021. This new dividend translates to an annual rate of $1.29 per share. The dividend payment is applicable to both Class A and Class B Common Stock, with stockholders of record on June 1, 2021, eligible to receive it. This increment reflects the company's ongoing commitment to providing returns to shareholders.
- Increased cash dividend from 31.75 cents to 32.25 cents per share.
- New annual dividend rate of $1.29 per share, indicating strong financial health.
- None.
CLEVELAND, May 12, 2021 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) today announced that the Board of Directors increased its regular cash dividend from 31.75 cents to 32.25 cents 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. The new dividend is equal to an annual rate of
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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