U-Haul Holding Company Announces Quarterly Cash Dividend

Rhea-AI Summary

U-Haul Holding Company (NYSE: UHAL, UHAL.B) declared a quarterly cash dividend of $0.05 per share on its Series N Non-Voting Common Stock (NYSE: UHAL.B).

The dividend is payable on June 28, 2024, to shareholders of record on June 17, 2024.

This marks the seventh dividend issued under the company's policy announced in October 2022.

Positive

• U-Haul Holding Company declared a quarterly cash dividend, reinforcing its commitment to returning value to shareholders.
• The $0.05 per share dividend is the seventh under the company’s dividend policy, indicating consistency and financial stability.
• The dividend payment is scheduled for June 28, 2024, with a record date of June 17, 2024, providing clear timelines for shareholders.

Negative

• The dividend amount of $0.05 per share may be considered modest, potentially disappointing investors seeking higher returns.

RENO, Nev.--(BUSINESS WIRE)-- U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on June 5, 2024 declared a quarterly cash dividend of $0.05 per share on its Series N Non-Voting Common Stock (NYSE: UHAL.B). The dividend will be payable June 28, 2024 to holders of record on June 17, 2024.

This is the seventh dividend issued under the Company’s dividend policy announced in October 2022.

About U-Haul Holding Company

U-Haul Holding Company 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 patented Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 188,700 trucks, 139,400 trailers and 43,700 towing devices. U-Haul is the third largest self-storage operator in North America and offers 1,004,000 rentable storage units and 86.8 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240605736450/en/

Sebastien Reyes

Director of Investor Relations

U-Haul Holding Company

(602) 263-6601

Sebastien_Reyes@uhaul.com

Source: U-Haul Holding Company

FAQ

When did U-Haul Holding Company declare their latest dividend?

U-Haul Holding Company declared their latest dividend on June 5, 2024.

What is the dividend amount for U-Haul Holding Company's Series N Non-Voting Common Stock?

The dividend amount is $0.05 per share.

When is the dividend payable for U-Haul Holding Company's Series N Non-Voting Common Stock?

The dividend is payable on June 28, 2024.

What is the record date for the U-Haul Holding Company dividend?

The record date for the dividend is June 17, 2024.

How many dividends have been issued under U-Haul's policy since October 2022?

This is the seventh dividend issued under U-Haul's policy since October 2022.