Herc Holdings Inc. Announces Quarterly Dividend of $0.575 per share

Rhea-AI Summary

The board of directors of Herc Holdings has declared a quarterly dividend of $0.575 per share. This dividend is payable to shareholders of record on August 19, 2022, with a payment date of September 2, 2022. Herc Holdings operates through its subsidiary, Herc Rentals, and is a leading equipment rental supplier in North America with around 333 locations. The company reported total revenues of approximately $2.1 billion in 2021, serving various industries through an extensive portfolio of rental equipment.

Positive

• Quarterly dividend of $0.575 per share declared, enhancing shareholder income.
• Total revenues of approximately $2.1 billion in 2021 demonstrate strong market position.

Negative

• None.

BONITA SPRINGS, Fla.--(BUSINESS WIRE)-- The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on August 19, 2022, with a payment date of September 2, 2022.

About Herc Holdings Inc.

Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is one of the leading equipment rental suppliers with approximately 333 locations in North America. With over 57 years of experience, we are a full-line equipment rental supplier offering a broad portfolio of equipment for rent. Our classic fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction and lighting. Our equipment rental business is supported by ProSolutions®, our industry specific solutions-based services, which includes power generation, climate control, remediation and restoration, pumps, trench shoring, studio and production equipment, and our ProContractor professional grade tools. Our product offerings and services are aimed at helping customers work more efficiently, effectively and safely. The Company has approximately 6,100 employees who equip our customers and communities to build a brighter future. Herc Holdings’ 2021 total revenues were approximately $2.1 billion. All references to “Herc Holdings” or the “Company” in this press release refer to Herc Holdings Inc. and its subsidiaries, unless otherwise indicated. For more information on Herc Holdings and its products and services, visit: www.HercRentals.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220805005024/en/

Paul Dickard

Vice President, Communications

paul.dickard@hercrentals.com

239-301-1214

Elizabeth Higashi, CFA

Vice President, Investor Relations & Sustainability

elizabeth.higashi@hercrentals.com

239-301-1024

Source: Herc Holdings Inc.

FAQ

What is the dividend amount declared by HRI?

HRI declared a quarterly dividend of $0.575 per share.

When will HRI's dividend be paid?

The dividend will be paid on September 2, 2022, to shareholders of record on August 19, 2022.

How many locations does Herc Holdings operate?

Herc Holdings operates approximately 333 locations in North America.

What were Herc Holdings' total revenues in 2021?

Herc Holdings reported total revenues of approximately $2.1 billion in 2021.