HYSTER-YALE DECLARES QUARTERLY DIVIDEND
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.
Sentiment and the balance of points
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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 March 14, 2025, to stockholders of record as of February 28, 2025.
Hyster-Yale is a Cleveland-based global company specializing in lift trucks and materials handling solutions. The company operates through its subsidiary Hyster-Yale Materials Handling, which produces lift trucks, attachments, and aftermarket parts under the Hyster® and Yale® brands. The company's portfolio includes subsidiaries Bolzoni S.p.A., producing attachments and lift tables, and Nuvera Fuel Cells, focusing on alternative-power technology.
Positive
- Regular quarterly dividend maintained at $0.35 per share
- Diversified product portfolio across lift trucks, attachments, and fuel cell technology
- Global market presence with integrated operations
Negative
- None.
Details
News Market Reaction – HY
The recorded move for HY in the trading session of this news was -2.66%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About Hyster-Yale, Inc.
Hyster-Yale, Inc., headquartered in
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
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SOURCE Hyster-Yale, Inc.
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