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H&E Rentals Reports Quarterly Cash Dividend

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H&E Equipment Services (NASDAQ: HEES) has announced its Board of Directors has declared a regular quarterly cash dividend of $0.275 per share of common stock. The dividend will be paid on February 24, 2025, to stockholders of record as of the close of business on February 18, 2025.

H&E Equipment Services (NASDAQ: HEES) ha annunciato che il suo Consiglio di Amministrazione ha dichiarato un dividendo in contante trimestrale regolare di $0,275 per azione di azioni ordinarie. Il dividendo sarà pagato il 24 febbraio 2025, agli azionisti registrati alla chiusura delle operazioni del 18 febbraio 2025.

H&E Equipment Services (NASDAQ: HEES) ha anunciado que su Junta Directiva ha declarado un dividendo en efectivo trimestral regular de $0.275 por acción de acciones comunes. El dividendo se pagará el 24 de febrero de 2025, a los accionistas registrados al cierre de operaciones del 18 de febrero de 2025.

H&E Equipment Services (NASDAQ: HEES)는 이사회에서 보통주 1주당 $0.275의 분기 현금 배당금을 선언했다고 발표했습니다. 배당금은 2025년 2월 24일에 2025년 2월 18일 영업 종료 시점의 주주에게 지급될 것입니다.

H&E Equipment Services (NASDAQ: HEES) a annoncé que son Conseil d'Administration a déclaré un dividende en espèces trimestriel régulier de 0,275 $ par action ordinaire. Le dividende sera versé le 24 février 2025 aux actionnaires enregistrés à la clôture des affaires le 18 février 2025.

H&E Equipment Services (NASDAQ: HEES) hat bekannt gegeben, dass der Vorstand eine reguläre vierteljährliche Barausschüttung von $0,275 pro Stammaktie erklärt hat. Die Dividende wird am 24. Februar 2025 an die Aktionäre ausgezahlt, die am Ende des Geschäftstags am 18. Februar 2025 im Aktienregister stehen.

Positive
  • Regular quarterly dividend maintained at $0.275 per share
  • Consistent dividend payment demonstrates financial stability
Negative
  • None.

BATON ROUGE, La., Feb. 07, 2025 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a "H&E Rentals") announced that its Board of Directors declared a regular quarterly cash dividend on February 7, 2025, to be paid to its stockholders. The Company announced a quarterly cash dividend of $0.275 per share of common stock to be paid on February 24, 2025, for stockholders of record as of the close of business on February 18, 2025.

About H&E Rentals

Founded in 1961, H&E is one of the largest rental equipment companies in the nation. The Company’s fleet is comprised of aerial work platforms, earthmoving, material handling, and other general and specialty lines. H&E serves a diverse set of end markets in many high-growth geographies and has branches throughout the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, Midwest and Mid-Atlantic regions.

Forward-Looking Statements

Statements contained in this press release that are not historical facts, including statements about H&E’s beliefs and expectations, are “forward-looking statements” within the meaning of the federal securities laws. Statements containing the words “may,” “could,” “would,” “should,” “believe,” “expect,” “anticipate,” “plan,” “estimate,” “target,” “project,” “intend,” “foresee” and similar expressions constitute forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Such factors include, but are not limited to, the following: (1) general economic and geopolitical conditions in North America and elsewhere throughout the globe and construction and industrial activity in the markets where we operate in North America; (2) our ability to forecast trends in our business accurately, and the impact of economic downturns and economic uncertainty on the markets we serve (including as a result of current uncertainty due to inflation and increasing interest rates); (3) the impact of conditions in the global credit and commodity markets and their effect on construction spending and the economy in general; (4) trends in oil and natural gas which could adversely affect the demand for our products and services; (5) our inability to obtain equipment and other supplies for our business from our key suppliers on acceptable terms or at all, as a result of supply chain disruptions, insolvency, financial difficulties, supplier relationships or other factors; (6) increased maintenance and repair costs as our fleet ages and decreases in our equipment’s residual value; (7) risks related to a global pandemic and similar health concerns, such as the scope and duration of the outbreak, government actions and restrictive measures implemented in response to the pandemic, material delays and cancellations of construction or infrastructure projects, labor shortages, supply chain disruptions and other impacts to the business; (8) our indebtedness; (9) risks associated with the expansion of our business and any potential acquisitions we may make, including any related capital expenditures, or our ability to consummate such acquisitions; (10) our ability to integrate any businesses or assets we acquire; (11) competitive pressures; (12) security breaches, cybersecurity attacks, increased adoption of artificial intelligence technologies, failure to protect personal information, compliance with data protection laws and other disruptions in our information technology systems; (13) adverse weather events or natural disasters; (14) risks related to climate change and climate change regulation; (15) compliance with laws and regulations, including those relating to environmental matters, corporate governance matters and tax matters, as well as any future changes to such laws and regulations; (16) our ability to complete any pending transactions, including as contemplated by the Agreement and Plan of Merger (the “Merger Agreement”) with United Rentals, Inc., the parties’ ability to satisfy the conditions to the consummation of the cash tender offer and the other conditions set forth in the Merger Agreement; (17) risks associated with substantial costs and management resources required to consummate the cash tender offer and the Merger Agreement; (18) the impact of certain interim covenants that we are subject to under the Merger Agreement, including those that might discourage a potential third-party acquirer; (19) business uncertainties and contractual restrictions we are subject to during the pendency of the transaction contemplated by the Merger Agreement, including the cash tender offer and merger, that could disrupt our business and affect our relationships with existing and prospective employees, suppliers and other business partners; (20) risks associated with failure to consummate the cash tender offer and merger; and (21) other factors discussed in our public filings, including the risk factors included in the Company’s most recent Annual Report on Form 10-K. Investors, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the SEC, we are under no obligation to publicly update or revise any forward-looking statements after the date of this release, whether as a result of any new information, future events or otherwise. These statements are based on the current beliefs and assumptions of H&E’s management, which in turn are based on currently available information and important, underlying assumptions. Investors, potential investors, security holders and other readers are urged to consider the above-mentioned factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements.

Contacts:

Leslie S. Magee
Chief Financial Officer
225-298-5261
lmagee@he-equipment.com

Jeffrey L. Chastain
Vice President of Investor Relations
225-952-2308
jchastain@he-equipment.com


FAQ

What is the amount of H&E Equipment Services (HEES) quarterly dividend for February 2025?

H&E Equipment Services declared a quarterly cash dividend of $0.275 per share for February 2025.

When will HEES pay its February 2025 dividend?

The dividend will be paid on February 24, 2025.

What is the record date for H&E Equipment Services' February 2025 dividend?

The record date is February 18, 2025, at the close of business.

How often does H&E Equipment Services (HEES) pay dividends?

H&E Equipment Services pays regular quarterly dividends to its stockholders.
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