HYSTER-YALE MATERIALS HANDLING DECLARES QUARTERLY DIVIDEND
Hyster-Yale Materials Handling (NYSE: HY) announced a cash dividend of 32.25 cents per share, payable on March 22, 2022, to stockholders of record by March 8, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
Hyster-Yale Materials Handling (NYSE: HY) announced a cash dividend of 32.25 cents per share, payable on March 22, 2022, to stockholders of record by March 8, 2022. This dividend applies to both Class A and Class B Common Stock, demonstrating the company's commitment to returning value to shareholders. Hyster-Yale specializes in materials handling solutions and operates globally under the Hyster® and Yale® brands.
Positive
- Regular cash dividend of 32.25 cents per share enhances shareholder returns.
Negative
- None.
Details
News Market Reaction – HY
The recorded move for HY in the trading session of this news was -0.36%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CLEVELAND, Feb. 24, 2022 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) announced today that the Board of Directors declared a regular cash dividend of 32.25 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid March 22, 2022 to stockholders of record at the close of business on March 8, 2022.
About Hyster-Yale Materials Handling, Inc.
Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, offers a broad array of solutions to meet the specific materials handling needs of customers' applications. The Company's wholly owned operating subsidiary, Hyster-Yale Group, Inc., designs, engineers, manufactures, sells and services a comprehensive line of lift trucks 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 significant joint ventures in Japan (Sumitomo NACCO) and in China (Hyster-Yale Maximal). 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 Materials Handling, Inc.
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