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

Rhea-AI Summary

The board of Herc Holdings has declared a quarterly dividend of $0.575 per share, payable on June 10, 2022, for shareholders of record as of May 27, 2022. With a robust presence of 326 locations across North America and total revenues of approximately $2.1 billion in 2021, Herc Holdings continues to solidify its position as a leading equipment rental supplier. Their extensive equipment offerings and services aim to enhance customer efficiency, safety, and effectiveness.

Positive

• Declared a quarterly dividend of $0.575 per share.
• Strong revenue performance with $2.1 billion reported in 2021.
• Presence in 326 locations across North America.

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 May 27, 2022, with a payment date of June 10, 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 326 locations in North America. With over 56 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 5,700 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/20220513005048/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 for Herc Holdings in 2022?

The dividend amount declared by Herc Holdings is $0.575 per share.

When is the dividend payment date for Herc Holdings?

The dividend payment date is June 10, 2022.

What were Herc Holdings' total revenues in 2021?

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

How many locations does Herc Holdings operate in North America?

Herc Holdings operates 326 locations across North America.