AMERCO Announces Special Cash Dividend

Rhea-AI Summary

AMERCO (Nasdaq: UHAL) declared a special cash dividend of $0.50 per share on April 6, 2022. This dividend is payable on April 29, 2022, to shareholders on record as of April 18, 2022. AMERCO is the parent company of U-Haul and several insurance companies, operating a vast network of moving and storage solutions since 1945. The company's offerings include approximately 176,000 trucks, 126,000 trailers, and 855,000 storage units across 23,000 locations in North America.

Positive

• Declared a special cash dividend of $0.50 per share, enhancing shareholder value.
• Strong operational network with over 23,000 locations, supporting stable revenue generation.

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• None.

RENO, Nev., April 8, 2022 /PRNewswire/ -- AMERCO (Nasdaq: UHAL), the parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on April 6, 2022, declared a special cash dividend on its Common Stock of $0.50 per share. The dividend will be payable April 29, 2022 to holders of record on April 18, 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. 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 855,000 rentable storage units and 73.6 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.

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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 will the dividend be paid to shareholders?

The dividend is payable on April 29, 2022.

Who is eligible to receive the dividend?

Shareholders on record as of April 18, 2022, are eligible to receive the dividend.