Park-Ohio Holdings Corp. Announces Quarterly Cash Dividend

News Release

Cleveland, Ohio–(BUSINESS WIRE)–

The Board of Directors of Park-Ohio Holdings Corp. (NASDAQ: PKOH) has declared a quarterly cash dividend of $0.125 per share on the common stock outstanding. This dividend is set to be paid on February 21, 2025, to shareholders of record as of the close of business on February 7, 2025.

ParkOhio is a diversified international company that provides world-class customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured products.

With a commitment to delivering quality services and products to its customers, Park-Ohio continues to be a leader in the industry, driving innovation and excellence in supply chain management and manufacturing.

This dividend announcement reaffirms Park-Ohio’s dedication to providing value to its shareholders and demonstrates the company’s strong financial position.

Effect on Individuals:

For individual shareholders of Park-Ohio Holdings Corp., the quarterly cash dividend represents an opportunity to receive a return on their investment in the company. Shareholders who hold stock on the record date of February 7, 2025, will be eligible to receive the dividend payment on February 21, 2025.

Receiving a dividend can provide added income for shareholders, whether they choose to reinvest it back into Park-Ohio or use it for personal financial goals.

Effect on the World:

As a global company, Park-Ohio Holdings Corp.’s announcement of a quarterly cash dividend reflects its continued success and stability in the market. By providing world-class customers with supply chain management services and manufactured products, Park-Ohio contributes to the global economy and supports various industries.

The company’s commitment to delivering quality services and products demonstrates its impact on the world stage, showcasing innovation and excellence in manufacturing and supply chain management.

Conclusion:

The declaration of a quarterly cash dividend by Park-Ohio Holdings Corp. underscores the company’s dedication to providing value to its shareholders and maintaining a strong financial position. This announcement not only benefits individual shareholders by offering a return on their investment but also highlights Park-Ohio’s global impact and contribution to the world economy.