Hyster-Yale Materials Handling (HY) will raise its quarterly dividend to $0.3025 per share.
The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 15, 2017 to stockholders of record at the close of business on June 1, 2017.
Hyster-Yale Materials Handling, Inc. is a lift truck manufacturer. The Company designs, engineers, manufactures, sells and services a line of lift trucks, attachments and aftermarket parts marketed globally under the Hyster and Yale brand names, mainly to independent Hyster and Yale retail dealerships.