Hyster-Yale Keeps Dividend Flat at $0.25

Heavy-equipment maker Hyster-Yale Materials Handling  (NYSE: HY  ) announced yesterday its second-quarter dividend of $0.25 per share for both its Class A and Class B stock.

That's the same rate it paid for the past two quarters following its spinoff from NACCO Industries. Hyster-Yale also paid a special dividend of $2.00 per share in December 2012. The board of directors said the quarterly dividend is payable on June 14 to the holders of record at the close of business on May 31.

Hyster-Yale can trace its roots as far back as 1840. The regular dividend payment equates to a $1.00-per-share annual dividend yielding 1.8% based on the closing price of HNI's stock on May 7.

HY Dividend Chart

HY Dividend data by YCharts. Chart reflects $2-per-share special dividend paid in December 2012.

link


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2420844, ~/Articles/ArticleHandler.aspx, 9/19/2014 10:02:25 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement