AMERCO Announces Special Cash Dividend

Rhea-AI Summary

On August 18, 2022, AMERCO (Nasdaq: UHAL) declared a special cash dividend of $0.50 per share. This dividend will be payable on September 20, 2022 to shareholders of record as of September 6, 2022. AMERCO is the parent company of U-Haul International and other subsidiaries. U-Haul, the leading choice for do-it-yourself movers, operates over 23,000 locations across the U.S. and Canada, with a fleet comprising approximately 186,000 trucks and several other rental and storage options.

RENO, Nev., Aug. 19, 2022 /PRNewswire/ -- AMERCO (Nasdaq: UHAL), the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on August 18, 2022, declared a special cash dividend on its Common Stock of $0.50 per share. The dividend will be payable September 20, 2022 to holders of record on September 6, 2022.

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. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 186,000 trucks, 128,000 trailers and 46,000 towing devices. U-Haul is the third largest self-storage operator in North America and offers 895,000 rentable storage units and 76.6 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. U-Haul has been recognized repeatedly as a leading "Best for Vets" employer and was recently named one of the 15 Healthiest Workplaces in America.

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SOURCE AMERCO

FAQ

What is the dividend amount declared by AMERCO?

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

When is the dividend payable for AMERCO?

The dividend will be payable on September 20, 2022.

Who is eligible to receive the AMERCO dividend?

Shareholders of record on September 6, 2022, are eligible to receive the dividend.

How many locations does U-Haul operate?

U-Haul operates over 23,000 locations across the U.S. and Canada.

What major business does AMERCO engage in?

AMERCO is primarily involved in the moving and storage business through its subsidiary, U-Haul.