AMERCO Announces Special Cash Dividend

Rhea-AI Summary

AMERCO (Nasdaq: UHAL) announced a special cash dividend of $0.50 per share on August 20, 2020. The dividend, payable on September 21, 2020, will benefit shareholders on record as of September 7, 2020. As the parent company of U-Haul International, AMERCO continues its long-standing commitment to providing services in the moving and storage industry while promoting environmental sustainability.

Positive

• Special cash dividend of $0.50 per share declared.
• Dividend payment reinforces shareholder value.

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• None.

RENO, Nev., Aug. 21, 2020 /PRNewswire/ -- AMERCO (Nasdaq: UHAL), the parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on August 20, 2020, declared a special cash dividend on its Common Stock of $0.50 per share. The dividend will be payable September 21, 2020 to holders of record on September 7, 2020.

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.

View original content:http://www.prnewswire.com/news-releases/amerco-announces-special-cash-dividend-301116522.html

SOURCE AMERCO

FAQ

What is the special cash dividend amount declared by AMERCO (UHAL)?

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

When will the special dividend for UHAL be paid?

The special dividend will be paid on September 21, 2020.

What is the record date for the AMERCO dividend?

The record date for the dividend is September 7, 2020.

How does the special dividend impact AMERCO shareholders?

The special dividend provides direct income to shareholders, enhancing their investment returns.