Hyster-Yale Announces Quarterly Dividend Increase
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 13 2026
0mins
Source: seekingalpha
- Dividend Increase: Hyster-Yale has declared a quarterly dividend of $0.365 per share, reflecting a 1.4% increase from the previous $0.360, indicating a positive signal in cash flow stability that may attract more investor interest.
- Yield Rate: The forward yield of 4.09% provides a relatively high return in the current market environment, potentially boosting shareholder confidence and stabilizing the stock price.
- Financial Performance: Hyster-Yale reported a non-GAAP EPS of -$1.64 for Q1 2026, beating expectations by $0.16, although revenue of $795.2 million missed by $82.92 million, highlighting challenges in profitability.
- Future Outlook: The company anticipates $40 million in tariff refunds, expecting Q2 to be the profit low point for 2026, which may lay the groundwork for future earnings recovery.
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Analyst Views on HY
Wall Street analysts forecast HY stock price to rise
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 36.300
Low
33.00
Averages
36.50
High
40.00
Current: 36.300
Low
33.00
Averages
36.50
High
40.00
About HY
Hyster-Yale, Inc. is engaged in providing lift trucks and solutions. The Company provides attachments, parts, fleet management services, technology and energy solutions. It designs, engineers, manufactures, sells and services a line of lift trucks, attachments, parts, fleet management services, technology and energy solutions. Its segments include Americas, EMEA, JAPIC, and Bolzoni. The Americas segment includes lift truck operations in the United States, Canada, Mexico, Brazil, and Latin America. The EMEA segment includes operations in Europe, the Middle East and Africa. The JAPIC segment includes operations in the Asia and Pacific regions, including China. The Bolzoni segment manufactures precision-engineered lift truck attachments, forks, masts and lift tables designed for handling delicate and specialized loads. Its solutions are marketed under the Bolzoni, Auramo and Meyer brand names. It also produces components for lift truck manufacturers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Hyster Launches XTLG Integrated Lithium-Ion Forklift Series
- Forklift Series Launch: Hyster has introduced the XTLG integrated lithium-ion forklift series in the Americas, featuring models J40-70XTLG, J80-110XTLG, and J110-155XTLG, which enhance lifting capacities from 4,000 to 15,500 pounds, addressing the growing demand for electric forklifts and advancing market electrification.
- Significant Energy Efficiency: The XTLG series forklifts demonstrate a 75% reduction in energy consumption compared to comparable diesel models in VDI cycle testing, providing businesses with efficient electric solutions that lower operating costs and improve productivity in light to medium-duty applications.
- Reduced Maintenance Costs: By replacing internal combustion engines with lithium-ion batteries and permanent magnet motor systems, the XTLG series reduces the number of moving parts, thereby lowering service time and maintenance costs while eliminating routine tasks like oil changes, spark plug replacements, and filter changes, enhancing forklift reliability.
- Increased Market Recognition: The XTLG series forklifts received the Sustainable Product Award at the 2026 SEAL Business Sustainability Awards, highlighting Hyster's innovation in the electric forklift sector and strengthening its brand image and competitive position in the market.
See More
Hyster-Yale Announces Quarterly Dividend Increase
- Dividend Increase: Hyster-Yale has declared a quarterly dividend of $0.365 per share, reflecting a 1.4% increase from the previous $0.360, indicating a positive signal in cash flow stability that may attract more investor interest.
- Yield Rate: The forward yield of 4.09% provides a relatively high return in the current market environment, potentially boosting shareholder confidence and stabilizing the stock price.
- Financial Performance: Hyster-Yale reported a non-GAAP EPS of -$1.64 for Q1 2026, beating expectations by $0.16, although revenue of $795.2 million missed by $82.92 million, highlighting challenges in profitability.
- Future Outlook: The company anticipates $40 million in tariff refunds, expecting Q2 to be the profit low point for 2026, which may lay the groundwork for future earnings recovery.
See More
Hyster-Yale Increases Cash Dividend to 36.5 Cents
- Dividend Increase: Hyster-Yale, Inc. raised its cash dividend from 36 cents to 36.5 cents per share, reflecting the company's confidence in future profitability and likely attracting more investor interest.
- Payment Schedule: The new dividend will be paid on June 16, 2026, with a record date of June 1, 2026, ensuring shareholders receive timely returns, thereby enhancing shareholder trust.
- Market Positioning: As a leading global provider of lift trucks and solutions, Hyster-Yale aims to meet specific material handling needs through a comprehensive product line and exceptional customer service, thereby enhancing its competitive edge.
- Brand Influence: Hyster-Yale's multiple brands, including Hyster® and Yale®, enjoy a strong reputation in global markets, with the company's strategic goal focused on continuous innovation and customer care to enhance brand value and market share.
See More
Hyster-Yale Increases Cash Dividend to 36.5 Cents
- Dividend Increase: Hyster-Yale, Inc. raised its cash dividend from 36 cents to 36.5 cents per share, reflecting the company's confidence in future profitability and likely attracting more investor interest.
- Payment Schedule: The new dividend will be paid on June 16, 2026, to shareholders of record as of June 1, 2026, ensuring cash inflow for shareholders and enhancing investor trust.
- Company Background: Headquartered in Cleveland, Ohio, Hyster-Yale, Inc. focuses on providing a full line of lift trucks and solutions tailored to specific material handling needs, further solidifying its market position.
- Brand Influence: The company's brands, including Hyster®, Yale®, Maximal®, and Nuvera®, enjoy a strong reputation in global markets, increasing customer recognition and loyalty towards its products.
See More
Hyster-Yale Q1 2026 Earnings Call Insights
- Order Growth Trend: Hyster-Yale reported a 7% sequential increase in bookings for Q1 2026, indicating a gradual recovery from the cyclical low reached in Q3 2025, although shipments have yet to reflect this improvement, suggesting a slowly warming market demand.
- Revenue Decline Impact: The company reported revenue of $795 million in Q1, primarily driven by the normalization of excess backlog and a shift towards lighter-duty, lower-priced trucks, reflecting a persistent change in customer purchasing behavior that may affect future market share.
- Tariff Cost Pressure: The adjusted operating loss for Q1 was $26 million, including approximately $30 million in tariff costs, with direct tariff-related costs since Liberation Day in 2025 totaling around $130 million, highlighting the significant impact of tariffs on profitability.
- Optimistic Future Outlook: Management anticipates profitability in the second half of 2026, despite the second quarter likely being the low point for operating profit and net income, as order recovery and cost control measures are expected to significantly improve financial performance.
See More
Hyster-Yale Q1 Non-GAAP EPS Beats Expectations Despite Revenue Decline
- Earnings Highlights: Hyster-Yale reported a Q1 Non-GAAP EPS of -$1.64, beating expectations by $0.16, indicating resilience in profitability; however, revenue of $795.2 million fell 12.7% year-over-year, missing estimates, reflecting weak market demand.
- 2026 Outlook Adjustment: The company anticipates sequential improvement in 2026, although the first half will be pressured by lower shipment volumes, additional Section 232 tariffs, and broader macroeconomic challenges, with expectations for a stronger second half driven by robust bookings and adequate backlogs.
- Cost and Supply Chain Challenges: The introduction of additional Section 232 tariffs and the ongoing Iran conflict have led to increased material prices, supply chain disruptions, and heightened uncertainty affecting margins and product availability, necessitating a downward revision of the 2026 outlook.
- Savings Plan: Hyster-Yale aims to achieve annual savings of $85 million to $100 million by 2028, focusing on market recovery and cost control measures to improve financial health, demonstrating the company's commitment to transformation amid adversity.
See More
Hyster Launches XTLG Integrated Lithium-Ion Forklift Series
- Forklift Series Launch: Hyster has introduced the XTLG integrated lithium-ion forklift series in the Americas, featuring models J40-70XTLG, J80-110XTLG, and J110-155XTLG, which enhance lifting capacities from 4,000 to 15,500 pounds, addressing the growing demand for electric forklifts and advancing market electrification.
- Significant Energy Efficiency: The XTLG series forklifts demonstrate a 75% reduction in energy consumption compared to comparable diesel models in VDI cycle testing, providing businesses with efficient electric solutions that lower operating costs and improve productivity in light to medium-duty applications.
- Reduced Maintenance Costs: By replacing internal combustion engines with lithium-ion batteries and permanent magnet motor systems, the XTLG series reduces the number of moving parts, thereby lowering service time and maintenance costs while eliminating routine tasks like oil changes, spark plug replacements, and filter changes, enhancing forklift reliability.
- Increased Market Recognition: The XTLG series forklifts received the Sustainable Product Award at the 2026 SEAL Business Sustainability Awards, highlighting Hyster's innovation in the electric forklift sector and strengthening its brand image and competitive position in the market.
See More
Hyster-Yale Announces Quarterly Dividend Increase
- Dividend Increase: Hyster-Yale has declared a quarterly dividend of $0.365 per share, reflecting a 1.4% increase from the previous $0.360, indicating a positive signal in cash flow stability that may attract more investor interest.
- Yield Rate: The forward yield of 4.09% provides a relatively high return in the current market environment, potentially boosting shareholder confidence and stabilizing the stock price.
- Financial Performance: Hyster-Yale reported a non-GAAP EPS of -$1.64 for Q1 2026, beating expectations by $0.16, although revenue of $795.2 million missed by $82.92 million, highlighting challenges in profitability.
- Future Outlook: The company anticipates $40 million in tariff refunds, expecting Q2 to be the profit low point for 2026, which may lay the groundwork for future earnings recovery.
See More
Hyster-Yale Increases Cash Dividend to 36.5 Cents
- Dividend Increase: Hyster-Yale, Inc. raised its cash dividend from 36 cents to 36.5 cents per share, reflecting the company's confidence in future profitability and likely attracting more investor interest.
- Payment Schedule: The new dividend will be paid on June 16, 2026, with a record date of June 1, 2026, ensuring shareholders receive timely returns, thereby enhancing shareholder trust.
- Market Positioning: As a leading global provider of lift trucks and solutions, Hyster-Yale aims to meet specific material handling needs through a comprehensive product line and exceptional customer service, thereby enhancing its competitive edge.
- Brand Influence: Hyster-Yale's multiple brands, including Hyster® and Yale®, enjoy a strong reputation in global markets, with the company's strategic goal focused on continuous innovation and customer care to enhance brand value and market share.
See More
Hyster-Yale Increases Cash Dividend to 36.5 Cents
- Dividend Increase: Hyster-Yale, Inc. raised its cash dividend from 36 cents to 36.5 cents per share, reflecting the company's confidence in future profitability and likely attracting more investor interest.
- Payment Schedule: The new dividend will be paid on June 16, 2026, to shareholders of record as of June 1, 2026, ensuring cash inflow for shareholders and enhancing investor trust.
- Company Background: Headquartered in Cleveland, Ohio, Hyster-Yale, Inc. focuses on providing a full line of lift trucks and solutions tailored to specific material handling needs, further solidifying its market position.
- Brand Influence: The company's brands, including Hyster®, Yale®, Maximal®, and Nuvera®, enjoy a strong reputation in global markets, increasing customer recognition and loyalty towards its products.
See More
Hyster-Yale Q1 2026 Earnings Call Insights
- Order Growth Trend: Hyster-Yale reported a 7% sequential increase in bookings for Q1 2026, indicating a gradual recovery from the cyclical low reached in Q3 2025, although shipments have yet to reflect this improvement, suggesting a slowly warming market demand.
- Revenue Decline Impact: The company reported revenue of $795 million in Q1, primarily driven by the normalization of excess backlog and a shift towards lighter-duty, lower-priced trucks, reflecting a persistent change in customer purchasing behavior that may affect future market share.
- Tariff Cost Pressure: The adjusted operating loss for Q1 was $26 million, including approximately $30 million in tariff costs, with direct tariff-related costs since Liberation Day in 2025 totaling around $130 million, highlighting the significant impact of tariffs on profitability.
- Optimistic Future Outlook: Management anticipates profitability in the second half of 2026, despite the second quarter likely being the low point for operating profit and net income, as order recovery and cost control measures are expected to significantly improve financial performance.
See More
Hyster-Yale Q1 Non-GAAP EPS Beats Expectations Despite Revenue Decline
- Earnings Highlights: Hyster-Yale reported a Q1 Non-GAAP EPS of -$1.64, beating expectations by $0.16, indicating resilience in profitability; however, revenue of $795.2 million fell 12.7% year-over-year, missing estimates, reflecting weak market demand.
- 2026 Outlook Adjustment: The company anticipates sequential improvement in 2026, although the first half will be pressured by lower shipment volumes, additional Section 232 tariffs, and broader macroeconomic challenges, with expectations for a stronger second half driven by robust bookings and adequate backlogs.
- Cost and Supply Chain Challenges: The introduction of additional Section 232 tariffs and the ongoing Iran conflict have led to increased material prices, supply chain disruptions, and heightened uncertainty affecting margins and product availability, necessitating a downward revision of the 2026 outlook.
- Savings Plan: Hyster-Yale aims to achieve annual savings of $85 million to $100 million by 2028, focusing on market recovery and cost control measures to improve financial health, demonstrating the company's commitment to transformation amid adversity.
See More
