0001024795false00010247952024-03-082024-03-08

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 08, 2024

 

 

HELIOS TECHNOLOGIES, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Florida

001-40935

59-2754337

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

7456 16th St E

 

Sarasota, Florida

 

34243

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 941 362-1200

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock $.001 Par Value

 

HLIO

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 8.01 Other Events.

On March 8, 2024, the Registrant issued the press release attached hereto as Exhibit 99.1 announcing a $0.09 per share cash dividend on its common stock, payable on April 19, 2024, to shareholders of record as of April 4, 2024.

Item 9.01 Financial Statements and Exhibits.

(d)
Exhibits

 

99.1 Press release dated March 8, 2024

 

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

HELIOS TECHNOLOGIES, INC.

 

 

 

 

Date:

March 8, 2024

By:

/s/ Sean Bagan

 

 

 

Sean Bagan
Chief Financial Officer (Principal Financial and Accounting Officer)

 

 

 

Exhibit 99.1

img252001787_0.jpg 

NEWS

RELEASE

 

FOR IMMEDIATE RELEASE

Over 27 Years of Consecutive Dividend Payments by Helios Technologies

SARASOTA, FL, March 8, 2024 — Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced that its Board of Directors declared a quarterly cash dividend of $0.09 per common share. Helios has declared consecutive quarterly dividends to its stockholders for over 27 years beginning with the first quarter 1997.

“We join an elite group of public companies as we cross this financial milestone. Since 1997, only about 10% of all companies listed on U.S. exchanges have paid consecutive dividends for 27 years in a row. This achievement highlights the enduring strong cash generation inherent in our business model combined with disciplined working capital management over the years,” said Josef Matosevic, President and Chief Executive Officer of Helios.

 

The dividend will be payable on April 19, 2024 to stockholders of record as of April 4, 2024. Helios Technologies has approximately 33.1 million shares of common stock outstanding.

 

About Helios Technologies
Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine and health and wellness. Helios sells its products to customers in over 90 countries around the world. Its strategy for growth is to be the leading provider in niche markets, with premier products and solutions through innovative product development and acquisition. The Company has paid a cash dividend to its shareholders every quarter since becoming a public company in 1997. For more information please visit: www.heliostechnologies.com and follow us on LinkedIn.

For more information, contact:
Tania Almond

Vice President, Investor Relations and Corporate Communication

(941) 362-1333; tania.almond@HLIO.com

Deborah Pawlowski
Kei Advisors LLC

(716) 843-3908; dpawlowski@keiadvisors.com

 

-###-

 

 

 

Helios Technologies | 7456 16th St E| Sarasota, FL 34243 | 941-362-1200

v3.24.0.1
Document And Entity Information
Mar. 08, 2024
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Mar. 08, 2024
Entity Registrant Name HELIOS TECHNOLOGIES, INC.
Entity Central Index Key 0001024795
Entity Emerging Growth Company false
Entity File Number 001-40935
Entity Incorporation, State or Country Code FL
Entity Tax Identification Number 59-2754337
Entity Address, Address Line One 7456 16th St E
Entity Address, City or Town Sarasota
Entity Address, State or Province FL
Entity Address, Postal Zip Code 34243
City Area Code 941
Local Phone Number 362-1200
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock $.001 Par Value
Trading Symbol HLIO
Security Exchange Name NYSE
Helios Technologies (NYSE:HLIO)
Historical Stock Chart
Von Mär 2024 bis Apr 2024 Click Here for more Helios Technologies Charts.
Helios Technologies (NYSE:HLIO)
Historical Stock Chart
Von Apr 2023 bis Apr 2024 Click Here for more Helios Technologies Charts.