Hyster-Yale Announces Cash Dividend and Company Updates

Author: Owen Jenkins Updated: 02-12-2025 12:54 PM

Hyster-Yale Declares Regular Cash Dividend

Hyster-Yale, Inc. (NYSE: HY) has recently taken a significant step by declaring a regular cash dividend of 35 cents per share. This decision came from the company's Board of Directors and reflects their commitment to shareholder value. The dividend is set to be paid on both Class A and Class B Common Stock, ensuring that all eligible shareholders receive this benefit. The payment is scheduled for a future date, rewarding stockholders who are on the books as of the close of business shortly before the payment date.

Understanding Hyster-Yale's Business Operations

Hyster-Yale, Inc. operates as a global leader in the materials handling industry, providing a comprehensive range of lift trucks and related solutions. The company is dedicated to understanding its customers' needs and delivering tailored solutions that enhance productivity while minimizing the overall cost of ownership. This customer-centric approach reflects their commitment to creating lasting value through exceptional service and support throughout the lifecycle of their products.

Innovative Offerings in Lift Trucks

The company’s subsidiary, Hyster-Yale Materials Handling, Inc., plays a crucial role by engineering and manufacturing a variety of lift trucks and attachments that meet diverse operational challenges. Their products are marketed globally under the well-regarded Hyster and Yale brand names. In addition, Hyster-Yale places a strong emphasis on innovation, particularly with the development of hydrogen fuel cell power products that are designed to meet the growing demand for sustainable energy solutions in materials handling.

Subsidiaries and Strategic Ventures

Hyster-Yale also boasts several subsidiaries, including Bolzoni S.p.A., which specializes in forks and attachments, and Nuvera Fuel Cells, LLC, focused on alternative power technologies, primarily fuel cell stacks and engines. Such strategic ventures showcase Hyster-Yale's proactive stance in expanding its market footprint and leading the way in enhancing productivity across various sectors. Furthermore, the company collaborates through an unconsolidated joint venture in Japan, reinforcing its global presence.

Company Commitment and Vision

The vision of Hyster-Yale encompasses a transformative approach to logistics, aimed at redefining material movement from port to home. Their mission emphasizes understanding customer applications thoroughly and ensuring exceptional care that enhances value throughout the product lifecycle. This dedication to understanding and serving their clients stands as a hallmark of Hyster-Yale's operations, propelling the company to new heights in the competitive market.

Frequently Asked Questions

What dividend did Hyster-Yale declare?

Hyster-Yale declared a regular cash dividend of 35 cents per share.

When will shareholders receive this dividend?

The dividend will be paid on a specified future date to shareholders of record prior to that date.

What products does Hyster-Yale offer?

Hyster-Yale provides a full line of lift trucks, attachments, and hydrogen fuel cell power products tailored to customer needs.

Who are Hyster-Yale's subsidiaries?

Hyster-Yale's subsidiaries include Hyster-Yale Materials Handling, Bolzoni S.p.A., and Nuvera Fuel Cells, LLC.

What is Hyster-Yale's vision?

Hyster-Yale aims to transform material handling from port to home while delivering exceptional customer value and support.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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