Table of Contents

company-logo

Custom Truck One Source, Inc. provides specialty equipment rental services to the electric utility transmission and distribution, telecommunications, rail, other infrastructure-related industries in North America. It operates through Equipment Rental Solutions, Truck and Equipment Sales, and Aftermarket Parts and Services segments. The Equipment Rental Solutions owns new and used specialty equipment, including truck-mounted aerial lifts, cranes, service trucks, dump trucks, trailers, digger derricks, and other machinery and equipment. The Truck and Equipment Sales segment offers new equipment for sale to be used for end-markets which can be modified to meet customers specific needs. The Aftermarket Parts and Services segment provides truck and equipment maintenance and repair services as well as sale of specialized aftermarket parts. The company was formerly known as Nesco Holdings, Inc. and changed its name to Custom Truck One Source, Inc. in April 2021. Custom Truck One Source, Inc. was founded in 1988 and is headquartered in Kansas City, Missouri.

Custom Truck One Source Dividend Announcement

• Custom Truck One Source does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Custom Truck One Source dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Custom Truck One Source Dividend History

Custom Truck One Source Dividend Yield

Custom Truck One Source current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Custom Truck One Source stock? Use our calculator to estimate your expected dividend yield:

Custom Truck One Source Financial Ratios

P/E ratio-34.37
PEG ratio-0.23
P/B ratio1645.95
ROE-6.01%
Payout ratio0.00%
Current ratio1.28
Quick ratio0.19
Cash Ratio0.01

Custom Truck One Source Dividend FAQ

Does Custom Truck One Source stock pay dividends?
Custom Truck One Source does not currently pay dividends to its shareholders.
Has Custom Truck One Source ever paid a dividend?
No, Custom Truck One Source has no a history of paying dividends to its shareholders. Custom Truck One Source is not known for its dividend payments.
Why doesn't Custom Truck One Source pay dividends?
There are several potential reasons why Custom Truck One Source would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Custom Truck One Source ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Custom Truck One Source has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Custom Truck One Source a dividend aristocrat?
Custom Truck One Source is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Custom Truck One Source a dividend king?
Custom Truck One Source is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Custom Truck One Source a dividend stock?
No, Custom Truck One Source is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Custom Truck One Source stocks?
To buy Custom Truck One Source you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Custom Truck One Source stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.