8-K
HELIOS TECHNOLOGIES, INC. (HLIO)
UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWASHINGTON, 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): December 09, 2021 |
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HELIOS TECHNOLOGIES, INC.
(Exact name of Registrant as Specified in Its Charter)
| Florida | 0-21835 | 59-2754337 |
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| (State or Other Jurisdiction<br>of Incorporation) | (Commission File Number) | (IRS Employer<br>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<br>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 December 9, 2021, 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 January 20, 2021, to shareholders of record as of January 5, 2021.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press release dated December 9, 2021
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. | |||
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| Date: | December 9, 2021 | By: | /s/ Tricia L. Fulton |
| Tricia L. Fulton<br>Chief Financial Officer (Principal Financial and Accounting Officer) |
EX-99.1
| Exhibit 99.1 |
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| NEWS<br><br>RELEASE |
FOR IMMEDIATE RELEASE
Helios Technologies Declares 25 Years of Consecutive Quarterly Cash Dividends
SARASOTA, FL, December 9, 2021 — 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 Technologies has declared 100 consecutive quarterly dividends to its stockholders beginning with the first quarter 1997.
Josef Matosevic, President and CEO, commented, “We are proud to be among the top 15% of public companies listed on U.S. exchanges that can claim having paid dividends to their shareholders for 25 consecutive years. Our augmented strategy is intent upon driving growth and generating cash to create value for our shareholders through total returns. Our capital priorities are to invest in organic and acquisitive growth, maintain a strong and flexible balance sheet all while supporting our dividend. The Helios team is executing to plan, and we are excited about our long-term potential.”
The dividend will be payable on January 20, 2022 to stockholders of record as of January 5, 2022. Helios Technologies has approximately 32.4 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, 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.
For more information, contact: Tania Almond
Vice President of Investor Relations, Corporate Communication and Risk Management
(941) 362-1333
tania.almond@HLIO.com
Deborah Pawlowski Kei Advisors LLC (716) 843-3908 dpawlowski@keiadvisors.com
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Helios Technologies | 7456 16th St E| Sarasota, FL 34243 | 941-362-1200