Helios Technologies Declares Second Quarter Cash Dividend of $0.09 Per Share
June 17 2019 - 8:30AM
Business Wire
Helios Technologies (formerly known as Sun Hydraulics)
(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 July 20, 2019 to stockholders of
record as of July 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/20190617005107/en/
Karen L. Howard / Deborah K. PawlowskiKei Advisors LLC(716)
843-3942 / (716) 843-3908khoward@keiadvisors.com /
dpawlowski@keiadvisors.com
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