CLEVELAND, May 4, 2016 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) today announced that the Board of Directors increased its regular cash dividend from 28.50 cents to 29.50 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 15, 2016 to stockholders of record at the close of business on June 1, 2016. The new dividend is equal to an annual rate of $1.18 per share.
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SOURCE Hyster-Yale Materials Handling, Inc.