Vertiv Declares Annual Dividend

Rhea-AI Summary

Vertiv (NYSE: VRT) has declared an annual cash dividend of $0.01 per share for its Class A common stock. This dividend will be payable on December 15, 2022, to shareholders on record as of November 30, 2022. The company, based in Columbus, Ohio, provides critical digital infrastructure and services for data centers and communication networks globally, employing approximately 24,000 people across more than 130 countries.

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• Annual cash dividend of $0.01 per share strengthens shareholder returns.

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• None.

COLUMBUS, Ohio--(BUSINESS WIRE)-- Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that its Board of Directors has declared the company’s annual cash dividend of $0.01 per share of the company’s Class A common stock. The cash dividend will be payable on December 15, 2022, to shareholders of record of Class A common stock at the close of business on November 30, 2022.

About Vertiv Holdings Co

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Columbus, Ohio, USA, Vertiv employs approximately 24,000 people and does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.

Category: Financial News

View source version on businesswire.com: https://www.businesswire.com/news/home/20221117006049/en/

For investor inquiries, please contact:

Lynne Maxeiner

Vice President, Global Treasury & Investor Relations

Vertiv

T +1 614-841-6776

E: lynne.maxeiner@vertiv.com

For media inquiries, please contact:

Peter Poulos

FleishmanHillard for Vertiv

T +1 646-284-4991

E: peter.poulos@fleishman.com

Source: Vertiv Holdings Co

FAQ

What is the dividend amount for Vertiv (VRT) announced in the press release?

The dividend amount is $0.01 per share for Class A common stock.

When will Vertiv's dividend be payable?

The dividend will be payable on December 15, 2022.

What is the record date for Vertiv's dividend?

The record date for the dividend is November 30, 2022.

What is the significance of the dividend declaration for Vertiv shareholders?

The dividend declaration represents a commitment to return value to shareholders.