HYSTER-YALE DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

Hyster-Yale (NYSE: HY) has declared a regular cash dividend of 35 cents per share, payable on both Class A and Class B Common Stock. The dividend will be paid on September 13, 2024, to stockholders of record as of August 30, 2024. Hyster-Yale is a globally integrated company offering a full line of lift trucks and materials handling solutions, including attachments and hydrogen fuel cell power products. The company operates through its subsidiary, Hyster-Yale Materials Handling, Inc., which designs, engineers, manufactures, and services lift trucks under the Hyster® and Yale® brand names. Other subsidiaries include Bolzoni S.p.A. and Nuvera Fuel Cells,

Positive

• Regular dividend payment of 35 cents per share
• Globally integrated company with diverse product offerings
• Strong brand presence with Hyster® and Yale® lift trucks
• Diversified portfolio including alternative power technology (fuel cells)

Negative

• None.

CLEVELAND, Aug. 14, 2024 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today that the Board of Directors declared a regular cash dividend of 35 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid September 13, 2024, to stockholders of record at the close of business on August 30, 2024.

About Hyster-Yale, Inc.
Hyster-Yale, Inc., headquartered in Cleveland, Ohio, is a globally integrated company offering a full line of lift trucks and solutions, including attachments and hydrogen fuel cell power products aimed at meeting the specific materials handling needs of its customers. Hyster-Yale's vision is to transform the way the world moves materials from Port to Home and deliver on its customer promises of: (1) thoroughly understanding customer applications and offering optimal solutions that will improve productivity at the lowest cost of ownership, and (2) providing exceptional customer care to create increasing value from initial engagement through the product lifecycle.

The Company's wholly owned operating subsidiary, Hyster-Yale Materials Handling, Inc., designs, engineers, manufactures, sells and services a comprehensive line of lift trucks, attachments and aftermarket parts marketed globally primarily under the Hyster^® and Yale^® brand names. Subsidiaries of Hyster-Yale include Bolzoni S.p.A., a leading worldwide producer of attachments, forks and lift tables marketed under the Bolzoni^®, Auramo^® and Meyer^® brand names and Nuvera Fuel Cells, LLC, an alternative-power technology company focused on fuel cell stacks and engines. Hyster-Yale also has an unconsolidated joint venture in Japan (Sumitomo NACCO). 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, Inc.

FAQ

What is the dividend amount declared by Hyster-Yale (HY) for Q3 2024?

Hyster-Yale (HY) has declared a regular cash dividend of 35 cents per share for Q3 2024.

When will Hyster-Yale (HY) pay its Q3 2024 dividend?

Hyster-Yale (HY) will pay its Q3 2024 dividend on September 13, 2024.

What is the record date for Hyster-Yale's (HY) Q3 2024 dividend?

The record date for Hyster-Yale's (HY) Q3 2024 dividend is August 30, 2024.

What types of products does Hyster-Yale (HY) offer?

Hyster-Yale (HY) offers a full line of lift trucks, attachments, hydrogen fuel cell power products, and other materials handling solutions.