Hyster-Yale, Inc. Increases Dividend and Expands Product Offerings
Key Ideas
- Hyster-Yale, Inc. raised its regular cash dividend from 35 cents to 36 cents per share, showing confidence in its financial stability and performance.
- The company, based in Cleveland, Ohio, provides a wide range of lift trucks, attachments, and hydrogen fuel cell power products to cater to various materials handling requirements globally.
- Hyster-Yale's focus on customer solutions and exceptional care demonstrates a commitment to improving productivity and creating long-term value for its clients.
- With subsidiaries like Nuvera Fuel Cells, LLC focusing on alternative-power technology like fuel cell stacks and engines, Hyster-Yale is aligning itself with sustainable energy solutions.
Hyster-Yale, Inc. has declared an increase in its regular cash dividend from 35 cents to 36 cents per share, showcasing a positive outlook on the company's financial performance. The dividend is applicable to both Class A and Class B Common Stock and is scheduled to be disbursed on June 13, 2025, to stockholders of record as of May 30, 2025. Headquartered in Cleveland, Ohio, Hyster-Yale is a globally integrated company that offers a comprehensive range of lift trucks, attachments, and hydrogen fuel cell power products tailored to meet specific materials handling needs worldwide. The company aims to revolutionize material movement and uphold its commitment to understanding customer applications to provide cost-effective productivity solutions. Through its subsidiaries like Nuvera Fuel Cells, LLC, which specializes in fuel cell technology, Hyster-Yale is embracing sustainable energy practices. By focusing on customer care and operational excellence, the company strives to enhance customer value throughout the product lifecycle. Hyster-Yale's expansion of product offerings and dividend increase signal a positive trajectory in its growth and commitment to delivering quality solutions in the material handling industry.
Topics
Fuel Cells
Company Growth
Customer Care
Material Handling
Dividend Increase
Product Offerings
Global Company
Lift Trucks
Brand Names
Latest News