HYSTER-YALE DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

Hyster-Yale (NYSE: HY) has declared a regular quarterly cash dividend of 35 cents per share for both Class A and Class B Common Stock. The dividend will be paid on December 13, 2024, to stockholders of record as of November 29, 2024. The company, headquartered in Cleveland, Ohio, is a global provider of lift trucks and materials handling solutions, including attachments and hydrogen fuel cell power products. Through its operating subsidiary and various brands including Hyster®, Yale®, Bolzoni®, Auramo®, and Meyer®, the company offers comprehensive materials handling solutions from port to home.

Positive

• Regular dividend payment maintained at $0.35 per share
• Diversified product portfolio across multiple brands
• Global market presence with integrated operations

Negative

• None.

CLEVELAND, Nov. 13, 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 December 13, 2024, to stockholders of record at the close of business on November 29, 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

When will Hyster-Yale (HY) pay its latest quarterly dividend?

Hyster-Yale will pay its quarterly dividend of 35 cents per share on December 13, 2024.

What is the dividend amount for Hyster-Yale (HY) Class A and B shares?

The dividend amount is 35 cents per share for both Class A and Class B Common Stock.

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

The record date for Hyster-Yale's dividend is November 29, 2024.

Does Hyster-Yale (HY) pay the same dividend for both Class A and Class B shares?

Yes, Hyster-Yale pays the same dividend amount of 35 cents per share for both Class A and Class B Common Stock.