Helios Technologies Declares Quarterly Cash Dividend of $0.09 Per Share
September 23 2019 - 8:30AM
Business Wire
Helios Technologies (Nasdaq:HLIO) (“Helios” or the “Company”), a
global industrial technology leader that develops and manufactures
solutions for both the hydraulics and electronics markets,
announced that its Board of Directors, at its regular meeting,
declared a quarterly cash dividend of $0.09 per common share.
The dividend will be payable on October 20, 2019 to stockholders
of record as of October 5, 2019.
About Helios Technologies Helios Technologies is a global
industrial technology leader that develops and manufactures
hydraulic and electronic control solutions for diverse markets. The
Company does business through its operating subsidiaries around the
world, including Sun Hydraulics, Enovation Controls, and Faster
Group. The Company operates in two business segments, Hydraulics
and Electronics. There are three key technologies within our
Hydraulics segment: cartridge valve technology (“CVT”),
quick-release hydraulic coupling solutions (“QRC”) and hydraulic
system design (“Systems”). Within CVT, our products provide
functions important to a hydraulic system: to control rates and
direction of fluid flow and to regulate and control pressures. QRC
products allow users to connect and disconnect quickly from any
hydraulic circuit without leakage and ensure high-performance under
high temperature and pressure using one or multiple couplers.
Systems provide engineered solutions for machine users,
manufacturers or designers to fulfill complete system design
requirements including electro-hydraulic, remote control,
electronic control and programmable logic controller systems, as
well as automation of existing equipment. In our Electronics
segment, we are a leader in display and control integration
solutions offering rugged and reliable instruments, coupled with
expertise in J1939 engine protocol, to produce an industry-leading
array of easy-to-read displays and gauges for controller area
network (“CAN”) transmitted engine data and faults. We refer to
this technology as Electronic Controls (“EC”).
Helios Technologies and information about its associated
companies is available online at www.heliostechnologies.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190923005112/en/
Karen L. Howard / Deborah K. Pawlowski Kei Advisors LLC (716)
843-3942 / (716) 843-3908 khoward@keiadvisors.com /
dpawlowski@keiadvisors.com
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