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 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.

CLEVELAND, Feb. 12, 2025 /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 March 14, 2025, to stockholders of record at the close of business on February 28, 2025.

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 March 14, 2025.

What is the record date for Hyster-Yale's (HY) Q1 2025 dividend?

The record date for Hyster-Yale's dividend is February 28, 2025.

How much is Hyster-Yale's (HY) quarterly dividend per share in 2025?

Hyster-Yale's quarterly dividend is 35 cents per share for both Class A and Class B Common Stock.

Which share classes are eligible for Hyster-Yale's (HY) dividend payment?

Both Class A and Class B Common Stock are eligible for the dividend payment.