5 Dividend Stocks to Buy According to Marc Majzner’s Clearline Capital

2. Hyster-Yale Materials Handling, Inc. (NYSE:HY)

Clearline Capital Stake Value: $2,060,000
Percentage of Clearline Capital’s 13F Portfolio: 0.3%
Number of Hedge Fund Holders: 12
Dividend Yield: 2.72%

Hyster-Yale Materials Handling, Inc. (NYSE:HY), a lift trucks manufacturing company, in August declared a quarterly dividend of $0.3225 per share, in line with the previous. Clearline Capital reduced its position in Hyster-Yale Materials Handling, Inc. (NYSE:HY) by 37% to 28,226 shares in the second quarter, accounting for just over 0.3% of the overall portfolio.

Mario Gabelli’s GAMCO Investors is Hyster-Yale Materials Handling, Inc.’s (NYSE:HY) most significant stakeholder, with 545,956 shares worth $39.84 million.