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

Rhea-AI Summary

The board of Herc Holdings Inc. has declared a quarterly dividend of $0.575 per share, payable on December 27, 2022, to shareholders of record as of December 12, 2022. Herc Holdings, operating through Herc Rentals, is a leading equipment rental supplier in North America with approximately 350 locations and reported total revenues of around $2.1 billion in 2021. The company employs around 6,400 staff, providing a broad portfolio of equipment and services to enhance operational efficiency for its customers.

Positive

• Quarterly dividend of $0.575 per share enhances shareholder returns.
• Total revenues of approximately $2.1 billion in 2021 reflect strong business performance.
• Herc Holdings has 350 locations in North America, indicating a well-established presence.

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 December 12, 2022, with a payment date of December 27, 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 350 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 6,400 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/20221202005012/en/

Paul Dickard

Vice President,

Communications

paul.dickard@hercrentals.com

239-301-1214

Leslie Hunziker

Senior Vice President,

Investor Relations and Communications

Leslie.hunziker@hercrentals.com

239-301-1675

Source: Herc Holdings Inc.

FAQ

What is the dividend amount for Herc Holdings Inc. in December 2022?

The dividend amount declared is $0.575 per share.

When is the payment date for the dividend of Herc Holdings Inc.?

The payment date for the dividend is December 27, 2022.

Who is eligible to receive the dividend from Herc Holdings Inc.?

Shareholders of record as of December 12, 2022, are eligible to receive the dividend.

What were the total revenues of Herc Holdings Inc. in 2021?

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