Helios Technologies, Inc. (NYSE: HLIO) has announced its 111th consecutive quarterly cash dividend, extending its history of regular dividends. The declared dividend stands at $0.09 per common share, payable on October 21, 2024, to stockholders of record as of October 4, 2024. Helios Technologies has approximately 33.2 million shares of common stock outstanding.
The company, a global leader in highly engineered motion control and electronic controls technology, has paid quarterly dividends to its stockholders for over 27 years. Since becoming a public company in 1997, it has continued this practice without interruption.
Helios Technologies operates in diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine, and health and wellness. Its products are sold in over 90 countries worldwide.
The decision to extend the quarterly dividend underscores the company's commitment to providing returns to its shareholders, maintaining a record of consistency and stability in its financial policies. Following these announcements, the company's shares moved 0.9%, and are now trading at a price of $44.41. Check out the company's full 8-K submission here.
