Navitas stock soars as company advances 800V tech for NVIDIA AI platforms
SARASOTA, Fla. - Helios Technologies, Inc. (NYSE:HLIO), a $1.8 billion market cap company, announced Monday that its Board of Directors has declared a quarterly cash dividend of $0.09 per common share, representing a 0.66% yield, maintaining its long-standing dividend payment history.
The dividend will be payable on October 21, 2025, to stockholders of record as of October 7, 2025. Helios, which has approximately 33.2 million shares of common stock outstanding, noted in a press release that it has maintained consecutive quarterly dividend payments for over 28 years, dating back to the first quarter of 1997. According to InvestingPro data, the company maintains strong financial health with a current ratio of 2.45, indicating robust liquidity to support its dividend commitments.
Helios Technologies describes itself as a global provider of engineered motion control and electronic controls technology for various markets including construction, material handling, agriculture, energy, recreational vehicles, marine, and health and wellness. The company sells its products to customers in more than 90 countries worldwide.
The company has continued its tradition of paying a cash dividend to shareholders every quarter since becoming a public company in 1997.
In other recent news, Helios Technologies reported impressive second-quarter results for 2025, surpassing both earnings and revenue forecasts. The company achieved an earnings per share of $0.59, exceeding the anticipated $0.50, and reported revenue of $212.5 million, compared to the forecasted $201.47 million. In a separate development, KeyBanc has raised its price target for Helios Technologies to $61.00 from $45.00, maintaining an Overweight rating on the stock. This adjustment follows meetings between Helios Technologies CEO Sean Bagan and investors, attended by KeyBanc analysts. These recent developments reflect growing confidence in Helios Technologies’ strategic direction and financial performance.
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