Helios Technologies, Inc. (NYSE: HLIO) has declared a quarterly cash dividend of $0.09 per common share, marking over 28 years of consecutive dividend payments to its stockholders, beginning with the first quarter of 1997. The dividend, payable on April 22, 2025, will be distributed to stockholders of record as of April 4, 2025. Helios Technologies has approximately 33.3 million shares of common stock outstanding.
In 2024, the company achieved a record year for cash generated from its operations, totaling over $122 million, reflecting disciplined working capital initiatives. This demonstrates the enduring strong cash generation inherent in Helios' business model. Notably, since 1997, less than 8% of all companies listed on U.S. exchanges have paid consecutive dividends for 28 years in a row.
As a global leader in highly engineered motion control and electronic controls technology, Helios Technologies serves diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine, and health and wellness. The company's strategy for growth focuses on being the leading provider in niche markets, with premier products and solutions through innovative product development and acquisitions.
Helios Technologies has consistently delivered value to its shareholders, maintaining a track record of paying a cash dividend every quarter since becoming a public company in 1997. Following these announcements, the company's shares moved 2.3%, and are now trading at a price of $35.87. Check out the company's full 8-K submission here.
