Herc Holdings (HRI) Raises Quarterly Dividend 15% to $0.575; 1.4% Yield

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Herc Holdings Inc. Increases Quarterly Dividend by 15% to $0.575 per share

February 9, 2022 8:00 AM EST

BONITA SPRINGS, Fla.--(BUSINESS WIRE)-- The Herc Holdings Inc. board of directors declared a quarterly dividend of $0.575 per share, payable to shareholders of record on February 23, 2022, with a payment date of March 10, 2022. The Company inaugurated its first quarterly dividend payment of $0.50 per share in the fourth quarter of 2021.

We are pleased to start 2022 with a 15% increase in our quarterly dividend, said Larry Silber, president and chief executive officer. We are committed to delivering long-term sustainable value to shareholders with a balanced, disciplined and opportunistic approach to capital... More