Intel stock extends gains after report of possible U.S. government stake
CLEVELAND - Hyster-Yale, Inc. (NYSE:HY) announced Wednesday that its Board of Directors has declared a regular cash dividend of 36 cents per share on both its Class A and Class B Common Stock.
The dividend will be paid on September 16, 2025, to stockholders of record at the close of business on August 29, 2025, according to a company press release.
Hyster-Yale, headquartered in Cleveland, Ohio, operates through its wholly owned subsidiary Hyster-Yale Materials Handling, Inc., which designs, manufactures, and sells lift trucks and related equipment under the Hyster, Yale, Maximal, and Nuvera brand names.
The company also owns Bolzoni S.p.A., a producer of attachments, forks, and lift tables marketed under the Bolzoni, Auramo, and Meyer brands, and maintains an unconsolidated joint venture in Japan with Sumitomo NACCO Forklift Co. Ltd.
Hyster-Yale describes itself as a globally integrated company offering materials handling solutions aimed at meeting specific customer needs across various industries.
In other recent news, Hyster-Yale Materials Handling Inc. reported disappointing second-quarter earnings for 2025, with earnings per share (EPS) significantly missing expectations. The company posted an EPS of -$0.14, while analysts had forecasted an EPS of $0.01, resulting in a negative surprise of 1500%. Despite this, the company’s revenue slightly exceeded expectations, reaching $956.6 million compared to the forecasted $947.75 million. Following these results, Roth/MKM adjusted its price target for Hyster-Yale from $62.00 to $50.00, citing "reduced visibility" as the primary reason for the change, although they maintained a Buy rating on the stock. These developments have led to increased scrutiny of Hyster-Yale’s financial performance and future prospects.
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