After the close, United Rentals' (NYSE: URI) Board of Directors approved a quarterly dividend program. The company declared a quarterly dividend of $1.48 per share, or $5.92 annualized.

The dividend will be payable on February 22, 2023, to stockholders of record on February 8, 2023, with an ex-dividend date of February 7, 2023. The annual yield on the dividend is 1.5 percent.

United Rentals also said it plans to begin repurchases under its recently paused program in the first quarter of 2023, and intends to repurchase $1.0 billion of common stock during 2023.

For a dividend history and other dividend-related data on United Rentals (URI) click here.