Herc Holdings Boosts Shareholder Value with New Dividend
Herc Holdings Declares a Quarterly Dividend of $0.665
Herc Holdings Inc. (NYSE: HRI), recognized as a leading equipment rental supplier in North America, has declared a quarterly dividend of $0.665 per share. This announcement, made by the company's Board of Directors, is part of Herc's ongoing commitment to providing value to its shareholders.
Dividend Payment Details
This substantial dividend is scheduled to be paid out on December 27, 2024, to all shareholders who are recorded as of December 16, 2024. Such proactive steps not only benefit the shareholders but also enhance their trust in the company's long-term stability and profitability.
About Herc Holdings Inc.
Founded in 1965, Herc Holdings Inc. operates through its subsidiary, Herc Rentals Inc. With an expansive network comprising 429 locations throughout North America, the company reported total revenues of approximately $3.3 billion in recent years. Herc’s mission is to supply a comprehensive range of products and services that enable customers to work more efficiently and safely, catering primarily to the construction and industrial markets.
Equipment and Services
The company’s fleet is diverse, featuring aerial lifts, earthmoving equipment, material handling devices, trucks, trailers, air compressors, and lighting solutions. Furthermore, Herc's ProSolutions® services are designed to meet the specific needs of various industries, including power generation, climate control, and advanced restoration services. This holistic approach not only meets but exceeds the expectations of its customer base.
Commitment to Employees
Herc Holdings is proud to employ approximately 7,700 individuals dedicated to empowering its customers and enhancing communities. These employees play a crucial role in supporting company goals and ensuring that Herc remains a competitive player in the equipment rental market.
Strategic Vision and Future Growth
Looking ahead, Herc Holdings remains focused on executing its growth strategy, which encompasses both organic expansion and potential mergers and acquisitions. The company continues to analyze market trends and customer needs, positioning itself to capitalize on emerging opportunities within the equipment rental industry.
Staying Connected
To learn more about Herc Rentals and the various services offered, interested parties can visit their official website. Additionally, the company encourages followers to connect via its social media platforms, including Instagram, Facebook, and LinkedIn, for the latest updates and news regarding operations and offerings.
Frequently Asked Questions
What is the declared dividend amount by Herc Holdings?
The declared dividend amount is $0.665 per share.
When is the dividend payable?
The dividend is scheduled to be paid on December 27, 2024.
What does Herc Holdings Inc. do?
Herc Holdings Inc. operates as an equipment rental supplier, providing a wide range of rental equipment and services across North America.
How many employees does Herc Holdings have?
Herc Holdings employs approximately 7,700 individuals.
Where can I find more information about Herc Holdings?
More information can be found on Herc's official website and through their social media channels.
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