AMERCO Announces Special Cash Dividend

Rhea-AI Summary

AMERCO (Nasdaq: UHAL) announced a special cash dividend of $0.50 per share on October 6, 2021. This dividend is set to be paid on October 29, 2021, to shareholders on record as of October 18, 2021. AMERCO, the parent company of U-Haul, operates in various sectors including insurance and real estate, and emphasizes sustainability through shared use.

Positive

• Declaration of a special cash dividend of $0.50 per share.
• Dividend payment reflects company confidence and potential income for shareholders.

Negative

• None.

RENO, Nev., Oct. 8, 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 October 6, 2021, declared a special cash dividend on its Common Stock of $0.50 per share. The dividend will be payable October 29, 2021 to holders of record on October 18, 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 No. 1 choice of do-it-yourself movers, with a network of more than 23,000 locations across all 50 states and 10 Canadian provinces. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 176,000 trucks, 126,000 trailers and 46,000 towing devices. U-Haul is the third largest self-storage operator in North America and offers over 825,000 rentable storage units and 71.6 million square feet of self-storage space at owned and managed facilities. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry.

 

View original content:https://www.prnewswire.com/news-releases/amerco-announces-special-cash-dividend-301396388.html

SOURCE AMERCO

FAQ

What is the amount of the special cash dividend declared by AMERCO?

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

When will the special cash dividend be paid?

The special cash dividend will be paid on October 29, 2021.

What is the record date for the dividend?

The record date for the dividend is October 18, 2021.

How does the dividend affect UHAL shareholders?

The dividend provides potential income for shareholders and reflects the company's financial health.