SmarterDividends
HY

Hyster-Yale, Inc.

HY

Industrials · Farm & Heavy Construction Machinery · Stock · quarterly payer

$29.21

Undervalued · +91% Add to Portfolio

Forward Yield

4.96%

Annual Dividend

$1.45

Payout Ratio

1014%

5-Yr Growth

2.4%

Ex-Date

Sep 1, 2026

Frequency

Quarterly

Key facts about HY's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Hyster-Yale, Inc. (HY) has a forward dividend yield of 4.96%, based on an annual dividend of $1.45 per share and a share price of $29.21.
  • As of Oct 18, 2026, HY's dividend safety grade from SmarterDividends is B (75 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Hyster-Yale, Inc. (HY) has raised its dividend for 12 consecutive years as of Oct 18, 2026.
  • HY has never cut its regular dividend in the payment history SmarterDividends has on record.
  • HY's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.37 per share.
  • HY's dividend has grown at an average rate of 2.4% a year over the past five years.
  • As of Oct 18, 2026, HY's 4.96% yield is 71% above its five-year average yield of 2.89%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for HY is $55.89 per share, 91% above the $29.21 share price, so HY screens as undervalued.
  • Hyster-Yale, Inc. (HY) pays its dividend quarterly, 4 times a year.
  • Hyster-Yale, Inc. (HY) has raised its regular dividend 11 times and cut it 0 times across the 56 payments on record since 2012. Its most recent change was a 1.4% increase to $0.365 per share, going ex-dividend on Jun 1, 2026.
Cite this page

SmarterDividends, "HY Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/HY

Summary

As of Oct 18, 2026, Hyster-Yale, Inc. (HY) yields 4.96% ($1.45 a year per share), has a dividend safety grade of B (75/100) and has 12 consecutive years of dividend increases on record.

Is HY a good dividend stock?

Yes

Hyster-Yale, Inc. (HY) pays a quarterly dividend yielding 4.96% ($1.45/yr), with 12 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 12 consecutive years of dividend growth
  • Never cut its dividend on record

Risks

  • Elevated payout ratio (1014%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
4.96%
Payout Ratio
1014%
Annual Dividend
$1.45
5-Yr Avg Growth
2.4%
Ex-Dividend Date
Sep 1, 2026
Years of Growth
12
Frequency
quarterly
Beta
1.63
Market Cap
$523.3M
P/E Ratio
—
5-Yr Total Return
-26%
52-Week Range
$26.41 – $41.30
Dividend Safety
B · 75/100
Ever Cut?
No

HY dividend raises and cuts

Hyster-Yale, Inc. (HY) has raised its regular dividend 11 times and cut it 0 times across the 56 payments on record since 2012. Its most recent change was a 1.4% increase to $0.365 per share, going ex-dividend on Jun 1, 2026.

Ex-dateChangeOld → newMove
Jun 1, 2026Raise$0.360 → $0.365+1.4%
May 30, 2025Raise$0.350 → $0.360+2.9%
May 31, 2024Raise$0.325 → $0.350+7.7%
May 31, 2023Raise$0.323 → $0.325+0.6%
May 28, 2021Raise$0.318 → $0.323+1.6%
May 30, 2019Raise$0.310 → $0.318+2.6%
May 31, 2018Raise$0.303 → $0.310+2.3%
May 30, 2017Raise$0.295 → $0.303+2.7%
May 27, 2016Raise$0.285 → $0.295+3.5%
May 28, 2015Raise$0.275 → $0.285+3.6%
May 29, 2014Raise$0.250 → $0.275+10.0%
Every HY payment →Download every raise and cut (CSV)
HY ex-dividend date & scheduleNext ex-date Sep 1, 2026 · full ex-dividend historyView →HY dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is HY a good dividend stock?

Yes. Hyster-Yale, Inc. (HY) pays a quarterly dividend yielding 4.96% ($1.45/yr), with 12 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is HY undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HY's fair value is about $55.89 versus a $29.21 share price — so it looks undervalued (+91% vs. fair value).

Is HY's dividend safe?

HY has a dividend-safety grade of B (75/100), based on its payout coverage, free-cash-flow, 12-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is HY's fair value?

Our blended fair-value estimate for HY is about $55.89 per share, roughly 91% above the current $29.21 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is HY a buy, hold, or sell?

We don't issue formal ratings, but on the data HY screens as "yes" and undervalued. Hyster-Yale, Inc. (HY) pays a quarterly dividend yielding 4.96% ($1.45/yr), with 12 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will HY cut its dividend?

HY earns a dividend-safety grade of B (75/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does HY pay a dividend?

Yes. Hyster-Yale, Inc. pays a quarterly dividend of about $1.45 per share annually, a forward yield of roughly 4.96%.

What is HY's dividend yield?

As of Oct 18, 2026, HY's forward dividend yield is 4.96%, based on a $1.45 annual dividend and a $29.21 share price.

What is HY's dividend per share?

As of Oct 18, 2026, HY pays $1.45 per share per year, distributed on a quarterly basis.

What is HY's dividend payout ratio?

As of Oct 18, 2026, HY's payout ratio is 1014% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has HY grown its dividend?

As of Oct 18, 2026, HY has increased its dividend for 12 consecutive years.

When is the next HY ex-dividend date?

As of Oct 18, 2026, HY's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.37 per share.

HY Dividend News

HY
IncreaseHY·Sep 22, 2026

Hyster-Yale Raises Quarterly Dividend 1.39%

Hyster-Yale increased its quarterly dividend to $0.365 per share, extending its dividend-growth streak to 13 consecutive years.

Income Calculator

At $1.45 / yr per share

Per payment (quarterly)$36.25
Annual$145.00
Monthly avg$12.08

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