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HY Hyster-Yale Materials Handling dividend history, payout ratio & dates

Hyster-Yale Materials Handling's latest quarterly dividend was on Feb 29, 2024 (ex-date) with a payout of $0.325 per share. On an annualized basis, the company has a current payout of $1.3 per share. This brings the dividend yield to 2.04% based on its recent close price.

Key dates

  • HY last dividend date: Feb 29, 2024
  • HY next dividend date: Not announced
HY dividend stats
DPS
$1.3
Dividend yield
2.1%
Payout ratio
17.7%
vs. Industrials sector
Dividend yield
1.38%
Payout ratio
30.1%

Dividend yield

What is Hyster-Yale Materials Handling current dividend yield

HY has a dividend yield of 2.04% which is above the Industrials sector and the industry average. If we compare it with its Industrials sector average of 1.38%, Hyster-Yale Materials Handling's dividend yield is 48% higher. Historically HY's dividend yield has averaged at 2.9% in the last 5 years, which is more than the current yield.

Dividend history

What is HY dividend payout history and dates

Hyster-Yale Materials Handling has been paying dividends since 2012. HY has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 0.7% since twelve months ago. But with the price of the stock up by 36% from a year ago, the dividend yield has a decrease of 26%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 29, 2024 Mar 15, 2024 Feb 13, 2024 $0.325 normal
Nov 30, 2023 Dec 15, 2023 Nov 14, 2023 $0.325 normal
Aug 31, 2023 Sep 15, 2023 Aug 16, 2023 $0.325 normal
May 31, 2023 Jun 15, 2023 May 9, 2023 $0.325 normal
Feb 28, 2023 Mar 15, 2023 Feb 14, 2023 $0.323 normal
Nov 30, 2022 Dec 15, 2022 Nov 15, 2022 $0.323 normal
Aug 31, 2022 Sep 15, 2022 Aug 10, 2022 $0.323 normal
May 31, 2022 Jun 15, 2022 May 10, 2022 $0.323 normal
Mar 7, 2022 Mar 22, 2022 Feb 24, 2022 $0.323 normal
Nov 30, 2021 Dec 15, 2021 Nov 17, 2021 $0.323 normal
Aug 31, 2021 Sep 15, 2021 Aug 11, 2021 $0.323 normal
May 28, 2021 Jun 15, 2021 May 12, 2021 $0.323 normal
Feb 26, 2021 Mar 16, 2021 Feb 17, 2021 $0.318 normal
Nov 30, 2020 Dec 15, 2020 Nov 10, 2020 $0.318 normal
Aug 31, 2020 Sep 15, 2020 Aug 12, 2020 $0.318 normal
May 29, 2020 Jun 16, 2020 May 20, 2020 $0.318 normal
Feb 28, 2020 Mar 13, 2020 Feb 19, 2020 $0.318 normal
Nov 27, 2019 Dec 13, 2019 Nov 13, 2019 $0.318 normal
Aug 29, 2019 Sep 13, 2019 Aug 7, 2019 $0.318 normal
May 30, 2019 Jun 14, 2019 May 17, 2019 $0.318 normal
Feb 28, 2019 Mar 15, 2019 Feb 19, 2019 $0.31 normal
Nov 29, 2018 Dec 14, 2018 Nov 14, 2018 $0.31 normal
Aug 30, 2018 Sep 14, 2018 Aug 7, 2018 $0.31 normal
May 31, 2018 Jun 15, 2018 May 9, 2018 $0.31 normal
Feb 28, 2018 Mar 15, 2018 Feb 6, 2018 $0.303 normal
Nov 30, 2017 Dec 15, 2017 Nov 9, 2017 $0.303 normal
Aug 30, 2017 Sep 15, 2017 Aug 9, 2017 $0.303 normal
May 30, 2017 Jun 15, 2017 May 4, 2017 $0.303 normal
Feb 27, 2017 Mar 15, 2017 Feb 9, 2017 $0.295 normal
Nov 29, 2016 Dec 15, 2016 Nov 16, 2016 $0.295 normal
Aug 30, 2016 Sep 15, 2016 Aug 9, 2016 $0.295 normal
May 27, 2016 Jun 15, 2016 May 4, 2016 $0.295 normal

Hyster-Yale Materials Handling dividend payout ratio

What is Hyster-Yale Materials Handling dividend payout ratio compared to the sector

Payout ratio

HY has a payout ratio of 17.7% which is higher than the industry average but lower than the Industrials sector average. In comparison with the Industrials sector average of 30.1%, Hyster-Yale Materials Handling's payout ratio is 41% lower.

Total amount of dividends paid per financial year (from cash flow)

HY dividend vs peer dividends

How does HY dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CMI Cummins Inc 2.21% $6.61 127.4%
HY Hyster-Yale Materials Handling Inc 2.1% $1.3 17.7%
WNC WABASH NATIONAL Corp 1.2% $0.32 6.5%

Frequently asked questions

Does Hyster-Yale Materials Handling pay a dividend?

Yes, Hyster-Yale Materials Handling has paid four dividends in the last twelve months. HY has been paying dividends since 2012.

When is Hyster-Yale Materials Handling's next dividend?

At this point we don't have a record of HY's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.

When was HY's last dividend?

Hyster-Yale Materials Handling's last dividend ex-date was on Feb 29, 2024. The dividend amount was $0.325 per share.

How much dividend does Hyster-Yale Materials Handling pay (per share)?

HY has paid dividend of $1.3 per share in the last year.

What is Hyster-Yale Materials Handling's dividend yield?

Hyster-Yale Materials Handling's current dividend yield is 2.04%.

How often does Hyster-Yale Materials Handling pay dividends?

Hyster-Yale Materials Handling pays dividends quarterly.

What is Hyster-Yale Materials Handling's dividend payout ratio?

The dividend payout ratio of Hyster-Yale Materials Handling is 17.7%.

Does Hyster-Yale Materials Handling pay a good dividend?

Hyster-Yale Materials Handling's dividend yield is more than the Industrials sector average.