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©Reuters.
CLEVELAND – Hyster-Yale Materials Handling, Inc. (NYSE: NYSE:), a leading company in the materials handling industry, today announced a regular cash dividend to its shareholders. The Board of Directors has declared a dividend of 32.5 cents per share on both Class A common stock and Class B common stock on March 15, 2024 to stockholders of record as of the close of business on March 1, 2024. is scheduled to be paid.
The Cleveland-based company is known for its comprehensive lift truck and material handling solutions that meet a variety of customer needs. Hyster-Yale's commitment to productivity and providing customer care is evident in its approach to understanding its customers' applications and delivering solutions aimed at increasing productivity while minimizing total cost of ownership. The company's focus goes beyond sales and emphasizes ongoing value through customer service throughout the product lifecycle.
Hyster Ale, Inc. operates through its wholly owned subsidiary, Hyster Ale Group, Inc., which designs, engineers, manufactures, sells and services a wide range of lift trucks and aftermarket parts. doing. These products are sold worldwide under his well-known Hyster® and Yale® brand names.
In addition, Hyster-Yale owns subsidiaries such as Bolzoni SpA, a prominent manufacturer of attachments, forks and lift tables, and Nuvera Fuel Cells, LLC, which specializes in alternative power technologies such as fuel cell stacks and engines. .
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