HYSTER-YALE DECLARES QUARTERLY DIVIDEND

Hyster-Yale (NYSE: HY) has announced an increase in its quarterly cash dividend from $0.35 to $0.36 per share, applicable to both Class A and Class B Common Stock.

Rhea-AI Summary

Hyster-Yale (NYSE: HY) has announced an increase in its quarterly cash dividend from $0.35 to $0.36 per share, applicable to both Class A and Class B Common Stock. The dividend will be paid on June 13, 2025, to stockholders of record as of May 30, 2025.

Hyster-Yale is a Cleveland-based global manufacturer of lift trucks and materials handling solutions, operating through its subsidiary Hyster-Yale Materials Handling, Inc. The company offers products under the Hyster® and Yale® brands, while also owning Bolzoni S.p.A. and Nuvera Fuel Cells, LLC. Their focus includes hydrogen fuel cell power products and a comprehensive range of attachments and aftermarket parts.

Positive

• Dividend increased by $0.01 per share (2.86% increase)
• Regular dividend payments indicate stable cash flow and shareholder commitment

Negative

• Modest dividend increase may suggest limited room for more substantial shareholder returns

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CLEVELAND, May 13, 2025 /PRNewswire/ -- Hyster-Yale, Inc. (NYSE: HY) announced today that the Board of Directors increased its regular cash dividend from 35 cents per share to 36 cents per share. The dividend is payable on both Class A and Class B Common Stock and will be paid June 13, 2025, to stockholders of record at the close of business on May 30, 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Hyster-Yale's (HY) new quarterly dividend amount for 2025?

Hyster-Yale's new quarterly dividend is $0.36 per share, increased from $0.35 per share.

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

The dividend will be paid on June 13, 2025, to stockholders of record as of May 30, 2025.

What types of shares are eligible for Hyster-Yale's dividend payment?

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

What is the percentage increase in Hyster-Yale's quarterly dividend?

Hyster-Yale increased its quarterly dividend by approximately 2.86%, from $0.35 to $0.36 per share.

What are Hyster-Yale's main business segments and brands?

Hyster-Yale operates through Hyster-Yale Materials Handling (Hyster® and Yale® brands), Bolzoni S.p.A. (Bolzoni®, Auramo®, and Meyer® brands), and Nuvera Fuel Cells, focusing on lift trucks, attachments, and hydrogen fuel cell products.