AMERCO Announces Special Cash Dividend

Rhea-AI Summary

On June 9, 2021, AMERCO (Nasdaq: UHAL) declared a special cash dividend of $0.50 per share, payable on July 8, 2021, to shareholders on record as of June 24, 2021. This announcement reflects the company's robust financial standing and commitment to returning value to shareholders. AMERCO operates several subsidiaries, including U-Haul, which has established itself as a leader in the do-it-yourself moving industry since its inception in 1945.

Positive

• Special cash dividend of $0.50 per share announced.
• Dividend payment date set for July 8, 2021, fostering investor confidence.

Negative

• None.

RENO, Nev., June 10, 2021 /PRNewswire/ -- AMERCO (Nasdaq: UHAL), the parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on June 9, 2021, declared a special cash dividend on its Common Stock of $0.50 per share. The dividend will be payable July 8, 2021 to holders of record on June 24, 2021.

About AMERCO

AMERCO is the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company. U-Haul is in the shared use business and was founded on the fundamental philosophy that the division of use and specialization of ownership is good for both U-Haul customers and the environment.

About U-Haul

Since 1945, U-Haul has been the choice for the do-it-yourself mover. U-Haul customers' patronage has enabled the Company to maintain the largest rental fleet in the do-it-yourself moving industry which includes a fleet of trucks, trailers and towing devices. U-Haul also offers storage throughout North America. U-Haul is the consumer's number one choice as the largest installer of permanent trailer hitches in the automotive aftermarket industry. The Company supplies alternative-fuel for vehicles and backyard barbecues as one of the nation's largest retailers of propane.

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SOURCE AMERCO

FAQ

What is the special cash dividend amount declared by AMERCO?

AMERCO declared a special cash dividend of $0.50 per share.

When will the dividend be payable to shareholders?

The dividend will be payable on July 8, 2021.

What is the record date for the dividend?

The record date for the dividend is June 24, 2021.

Who is the parent company of U-Haul?

AMERCO is the parent company of U-Haul.