CLEVELAND, May 9, 2023
/PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY)
today announced that the Board of Directors increased its regular
cash dividend from 32.25 cents to
32.5 cents per share. The
dividend is payable on both the Class A and Class B Common Stock
and will be paid June 15, 2023 to
stockholders of record at the close of business on June 1, 2023. The new dividend is equal to
an annual rate of $1.30 per
share.
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, 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
Group 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 Materials Handling, Inc.