ParkOhio Declares Quarterly Cash Dividend and Highlights Global Business Strength
Park-Ohio Holdings Corp.has announced that its Board of Directors has declared a quarterly cash dividend of $0.125 per share on its outstanding common stock. The dividend will be paid on November 28, 2025, to shareholders of record as of the close of business on November 14, 2025. This announcement underscores the company’s continued commitment to delivering shareholder value while maintaining a disciplined capital allocation strategy.
Reinforcing Shareholder Returns
The declaration of a quarterly dividend reflects ParkOhio’s confidence in its long-term financial position, business outlook, and ability to continue generating cash flows that support both operational investments and returns to shareholders. For investors, the consistent payment of dividends reaffirms the company’s ongoing focus on balancing growth initiatives with shareholder distributions, even in dynamic and sometimes uncertain market environments.
ParkOhio has built a long history of rewarding shareholders through dividends. The stability and predictability of such payments provide investors with a tangible component of total return and help demonstrate the company’s financial health.
About ParkOhio: A Diversified Global Industrials Leader
Headquartered in Cleveland, Ohio, ParkOhio is recognized as a diversified international organization serving a wide range of world-class customers. The company operates with a mission to deliver comprehensive solutions that improve customer productivity, reduce supply chain costs, and enhance manufacturing efficiency.
Across approximately 130 manufacturing and supply chain logistics facilities worldwide, ParkOhio supplies a broad customer base across multiple industries, including automotive, heavy-duty truck, industrial equipment, aerospace, and more. The company’s ability to support customers around the world has positioned it as a partner of choice in the evolving global industrial landscape.
ParkOhio manages its business through three primary segments:
1. Supply Technologies
The Supply Technologies segment provides customers with tailored supply chain management and logistics services. This includes delivering a comprehensive portfolio of production components and materials used by customers on their manufacturing lines. The segment excels in inventory management and just-in-time delivery, helping clients streamline their operations, reduce working capital, and lower material costs.
Services offered include advanced sourcing, procurement, inventory optimization, and global logistics coordination. ParkOhio’s extensive global footprint, combined with its expertise in lean manufacturing and material flow management, enables reliable and cost-effective performance that benefits customers ranging from industrial manufacturers to Tier-1 automotive suppliers.
2. Assembly Components
Within the Assembly Components segment, ParkOhio designs and produces a wide variety of highly engineered components and assemblies used by original equipment manufacturers (OEMs) and other major industrial customers. These products support clients in efficiently assembling their own finished products.
Markets served include automotive and heavy-duty trucks—sectors where reliability, performance, and timely delivery are critical. ParkOhio leverages specialized production capabilities and robust quality systems to deliver components that meet demanding performance specifications. This segment plays an important role in customers’ value chains by supporting production efficiency and product integrity.
3. Engineered Products
The Engineered Products segment is focused on capital equipment and high-precision products used in various industrial manufacturing processes. These offerings often include proprietary solutions that enable customers to increase automation, improve safety, and enhance productivity across their operations.
ParkOhio designs, manufactures, and installs engineered equipment serving industries such as metal processing, fluid handling, rubber processing, and other high-value industrial sectors. These systems are designed to integrate seamlessly into customer production lines, supporting automation, improved throughput, and reduced waste.
Leadership in an Evolving Operating Environment
ParkOhio’s diversified portfolio has helped the company remain resilient amid global economic fluctuations. By serving a wide range of industries through multiple product and service types, the company is better positioned to manage cyclical swings and sector-specific volatility.
In recent years, ParkOhio has focused on driving operational excellence, improving cost structures, and expanding technologically advanced capabilities to better serve customers. Its global strategy includes growing customer relationships, optimizing its operational footprint, and expanding into high-potential end markets.
Cautionary Note on Forward-Looking Statements
The company’s announcement includes forward-looking statements regarding anticipated future performance. These statements are based on current expectations, but they involve risks and uncertainties that could cause actual performance to differ materially from projections. ParkOhio advises investors to carefully consider these potential risks when evaluating the company’s outlook.
Key risk factors highlighted include—but are not limited to—the following:
- Global supply chain challenges and logistical constraints
- The company’s level of indebtedness
- The uncertainty of global economic conditions
- Shifts in business conditions, competition, and pricing dynamics
- Fluctuating demand for products and services
- Labor disruptions affecting customers
- Availability and pricing of raw materials and component parts
- Volatility in energy costs
- Evolving customer and supplier relationships
- Credit risk from customer bankruptcies
- Successful integration of acquisitions
- Impact of common stock repurchases
- Changes in macroeconomic conditions, including inflation, interest rates, and tax policy
- Rising healthcare and labor costs
- Regulatory and geopolitical developments such as tariffs, export controls, and political instability
- Public health issues and related operational disruptions
- Risks related to the company’s ability to meet financial covenants
- Instability in global credit markets
- Regulatory changes impacting import/export activities
- Environmental compliance requirements
- Ongoing or potential litigation
- Heavy dependence on cyclical industries, especially automotive and heavy-duty truck markets
- Consumer demand trends affecting automotive production
- Contract negotiations with labor unions
- Dependence on key leadership and management
- Information system reliability
- Ability to sustain dividend payments in the future
The company notes that these and other uncertainties are discussed in further detail in its Annual Report on Form 10-K for the year ended December 31, 2024, under “Item 1A. Risk Factors.” Stakeholders are encouraged to review these materials for a comprehensive understanding of risks that could impact future results.
ParkOhio emphasizes that forward-looking statements speak only as of the date they are made. The company undertakes no obligation to update such statements unless required by law.
Commitment to Long-Term Value Creation
Although the manufacturing and industrial sectors continue to navigate supply-chain complexity, geopolitical instability, and fluctuating economic conditions, ParkOhio’s diversified model enables it to respond with flexibility and resilience. The company’s long-standing customer relationships, global presence, and strong operational platform support its core strategy of profitable growth and disciplined capital management.
By continuing to invest in innovation, process improvement, and customer service, ParkOhio aims to strengthen its competitive position while continuing to return capital to shareholders through dividends.
ParkOhio’s recent declaration of a quarterly dividend underscores its stable financial foundation and ongoing commitment to delivering value to its shareholders. With a diverse business portfolio, extensive global footprint, and proactive approach to managing risks, the company remains well-positioned to navigate ongoing changes in the global industrial environment.
While risks and uncertainties remain, ParkOhio continues to execute on strategic initiatives designed to support long-term growth, operational excellence, and shareholder returns.