Hyster-Yale, Inc. (NYSE:HY) Raises Dividend to $0.37 Per Share

Posted by on May 13th, 2026

Hyster-Yale, Inc. (NYSE:HY – Get Free Report) declared a quarterly dividend on Tuesday, May 12th. Shareholders of record on Monday, June 1st will be paid a dividend of 0.365 per share by the industrial products company on Tuesday, June 16th. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Monday, June 1st. This is a 1.4% increase from Hyster-Yale’s previous quarterly dividend of $0.36.

Hyster-Yale has raised its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. Hyster-Yale has a dividend payout ratio of 49.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Hyster-Yale to earn $2.07 per share next year, which means the company should continue to be able to cover its $1.44 annual dividend with an expected future payout ratio of 69.6%.

Hyster-Yale Stock Performance

Shares of Hyster-Yale stock traded down $0.96 during trading hours on Wednesday, hitting $35.46. 34,690 shares of the company’s stock traded hands, compared to its average volume of 92,934. The stock has a market capitalization of $634.75 million, a price-to-earnings ratio of -6.34 and a beta of 1.66. Hyster-Yale has a 12-month low of $26.41 and a 12-month high of $44.55. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.31 and a quick ratio of 0.67. The company has a fifty day simple moving average of $35.14 and a 200-day simple moving average of $33.96.

Hyster-Yale (NYSE:HY – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported ($1.64) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.02) by $0.38. Hyster-Yale had a negative net margin of 2.71% and a negative return on equity of 13.96%. The business had revenue of $795.20 million during the quarter, compared to the consensus estimate of $878.10 million. Equities research analysts anticipate that Hyster-Yale will post -2.75 EPS for the current fiscal year.

Hedge Funds Weigh In On Hyster-Yale

A number of hedge funds have recently modified their holdings of the company. ProShare Advisors LLC increased its stake in shares of Hyster-Yale by 11.3% during the third quarter. ProShare Advisors LLC now owns 167,609 shares of the industrial products company’s stock valued at $6,178,000 after buying an additional 17,007 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Hyster-Yale by 82.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 37,137 shares of the industrial products company’s stock valued at $1,117,000 after purchasing an additional 16,740 shares in the last quarter. Impala Asset Management LLC purchased a new position in shares of Hyster-Yale in the fourth quarter worth $1,486,000. Gabelli Funds LLC raised its position in Hyster-Yale by 8.3% in the 4th quarter. Gabelli Funds LLC now owns 56,200 shares of the industrial products company’s stock worth $1,670,000 after buying an additional 4,300 shares during the last quarter. Finally, Isthmus Partners LLC lifted its position in Hyster-Yale by 4.7% during the fourth quarter. Isthmus Partners LLC now owns 57,443 shares of the industrial products company’s stock valued at $1,707,000 after purchasing an additional 2,596 shares during the period. Hedge funds and other institutional investors own 46.47% of the company’s stock.

About Hyster-Yale

(Get Free Report)

Hyster-Yale Materials Handling, Inc is a global manufacturer and distributor of a wide range of industrial lift trucks, container handlers and aftermarket parts and services. Operating under the Hyster and Yale brand names, the company designs, engineers and assembles counterbalanced lift trucks, narrow-aisle trucks and specialty vehicles for clients in distribution, manufacturing, retail and warehousing.

The company’s product portfolio includes electric, diesel and LPG-powered forklifts, as well as reach stackers, empty container handlers and terminal tractors.

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Dividend History for Hyster-Yale (NYSE:HY)

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