Hyster-Yale Materials Handling Declares Quarterly Dividend
On November 17, 2021, Hyster-Yale Materials Handling (NYSE: HY) declared a regular cash dividend of 32.25 cents per share, payable on December 15, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
On November 17, 2021, Hyster-Yale Materials Handling (NYSE: HY) declared a regular cash dividend of 32.25 cents per share, payable on December 15, 2021. Shareholders on record as of December 1, 2021, will receive this dividend for both Class A and Class B Common Stock. Hyster-Yale is known for its extensive range of materials handling solutions through its primary brands, Hyster® and Yale®, alongside subsidiaries like Bolzoni S.p.A. and Nuvera Fuel Cells.
Positive
- Declared a cash dividend of 32.25 cents per share.
- Demonstrates commitment to returning value to shareholders.
Negative
- None.
Details
News Market Reaction – HY
The recorded move for HY in the trading session of this news was -3.39%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CLEVELAND, Nov. 17, 2021 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) today announced 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 December 15, 2021 to stockholders of record at the close of business on December 1, 2021.
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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