Hyster-Yale, Inc. Declares Quarterly Dividend and Explores Hydrogen Solutions
Key Ideas
- Hyster-Yale, Inc. announced a regular cash dividend of 35 cents per share for both Class A and Class B Common Stock.
- The company offers a full line of lift trucks and solutions, including hydrogen fuel cell power products.
- Hyster-Yale aims to improve productivity and provide exceptional customer care through understanding customer needs.
- The company's subsidiaries include Bolzoni S.p.A. for attachments and Nuvera Fuel Cells, LLC for alternative-power technology.
Hyster-Yale, Inc., based in Cleveland, Ohio, declared a quarterly dividend of 35 cents per share for both its Class A and Class B Common Stock. The dividend is set to be paid on December 13, 2024, to stockholders of record as of November 29, 2024. Hyster-Yale is a global company that provides a range of lift trucks, attachments, and solutions to meet diverse materials handling requirements. In addition to traditional products, the company focuses on hydrogen fuel cell power products as part of its offerings. The company's vision is centered on transforming the logistics industry by delivering tailored solutions to enhance productivity while minimizing ownership costs. Through subsidiaries like Bolzoni S.p.A., known for attachments, forks, and lift tables, and Nuvera Fuel Cells, LLC, specializing in fuel cell stacks and engines, Hyster-Yale expands its reach in the market. With an emphasis on customer-centric approaches, Hyster-Yale aims to create long-term value for its clients by providing top-notch customer care and innovative solutions.