H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis through a fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment sells used equipment through retail sales force primarily from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional in-house retail sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment serves its rental fleet and equipment owned customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of hi-lift or aerial work platforms, cranes, earthmoving and material handling equipment, and others. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of December 31, 2021, the company had a network of 102 service facilities in the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
H&E Equipment Services Dividend Announcement
• H&E Equipment Services announced a quarterly dividend of $0.28 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-29
• H&E Equipment Services annual dividend for 2024 was $1.10
• H&E Equipment Services annual dividend for 2023 was $1.10
• H&E Equipment Services's trailing twelve-month (TTM) dividend yield is 1.81%
• H&E Equipment Services's payout ratio for the trailing twelve months (TTM) is 27.94%
H&E Equipment Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-29 | $0.28 | quarterly | 2024-12-13 |
| 2024-08-28 | $0.28 | quarterly | 2024-12-13 |
| 2024-05-30 | $0.28 | quarterly | 2024-06-14 |
| 2024-02-22 | $0.28 | quarterly | 2024-03-15 |
| 2023-11-27 | $0.28 | quarterly | 2023-12-15 |
| 2023-08-29 | $0.28 | quarterly | 2023-09-15 |
| 2023-05-24 | $0.28 | quarterly | 2023-06-09 |
| 2023-02-23 | $0.28 | quarterly | 2023-03-10 |
| 2022-11-25 | $0.28 | quarterly | 2022-12-09 |
| 2022-08-25 | $0.28 | quarterly | 2022-09-09 |
| 2022-05-26 | $0.28 | quarterly | 2022-06-10 |
| 2022-02-28 | $0.28 | quarterly | 2022-03-18 |
| 2021-11-22 | $0.28 | quarterly | 2021-12-10 |
| 2021-08-26 | $0.28 | quarterly | 2021-09-17 |
| 2021-06-01 | $0.28 | quarterly | 2021-06-18 |
| 2021-02-25 | $0.28 | quarterly | 2021-03-12 |
| 2020-11-24 | $0.28 | quarterly | 2020-12-11 |
| 2020-08-27 | $0.28 | quarterly | 2020-09-11 |
| 2020-05-29 | $0.28 | quarterly | 2020-06-12 |
| 2020-02-27 | $0.28 | quarterly | 2020-03-13 |
| 2019-11-22 | $0.28 | quarterly | 2019-12-13 |
| 2019-08-26 | $0.28 | quarterly | 2019-09-13 |
| 2019-05-24 | $0.28 | quarterly | 2019-06-14 |
| 2019-02-19 | $0.28 | quarterly | 2019-03-08 |
| 2018-11-16 | $0.28 | quarterly | 2018-12-07 |
| 2018-08-20 | $0.28 | quarterly | 2018-09-07 |
| 2018-05-25 | $0.28 | quarterly | 2018-06-15 |
| 2018-02-26 | $0.28 | quarterly | 2018-03-09 |
| 2017-11-17 | $0.28 | quarterly | 2017-12-11 |
| 2017-08-30 | $0.28 | quarterly | 2017-09-11 |
| 2017-05-31 | $0.28 | quarterly | 2017-06-16 |
| 2017-02-23 | $0.28 | quarterly | 2017-03-10 |
| 2016-11-17 | $0.28 | quarterly | 2016-12-09 |
| 2016-08-18 | $0.28 | quarterly | 2016-09-09 |
| 2016-05-24 | $0.28 | quarterly | 2016-06-09 |
| 2016-02-19 | $0.28 | quarterly | 2016-03-09 |
| 2015-11-19 | $0.28 | quarterly | 2015-12-09 |
| 2015-08-20 | $0.28 | quarterly | 2015-09-09 |
| 2015-05-26 | $0.25 | quarterly | 2015-06-09 |
| 2015-02-20 | $0.25 | quarterly | 2015-03-09 |
| 2014-11-20 | $0.25 | quarterly | 2014-12-09 |
| 2014-08-21 | $0.25 | quarterly | 2014-09-09 |
| 2012-09-20 | $7.00 | quarterly |
H&E Equipment Services Dividend per year
H&E Equipment Services Dividend growth
H&E Equipment Services Dividend Yield
H&E Equipment Services current trailing twelve-month (TTM) dividend yield is 1.81%. Interested in purchasing H&E Equipment Services stock? Use our calculator to estimate your expected dividend yield:
H&E Equipment Services Financial Ratios
P/E ratio15.35
PEG ratio5.16
P/B ratio3.69
ROE25.46%
Payout ratio27.94%
Current ratio1.49
Quick ratio1.37
Cash Ratio0.06
H&E Equipment Services Dividend FAQ
How much is the next H&E Equipment Services dividend?
H&E Equipment Services's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next H&E Equipment Services dividend. The next H&E Equipment Services dividend will be released in February, May, August, or November.
When is H&E Equipment Services dividend paid?
H&E Equipment Services pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does H&E Equipment Services pay?
The specific amount of H&E Equipment Services dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find H&E Equipment Services's dividend history.
Does H&E Equipment Services stock pay dividends?
Yes, H&E Equipment Services does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find H&E Equipment Services's dividend history.
How much dividend does H&E Equipment Services pay?
H&E Equipment Services paid $1.1 in 2024, $1.1 in 2023, $1.1 in 2022, $1.1 in 2021, and $1.1 in 2020.
How often does H&E Equipment Services pay dividends?
H&E Equipment Services typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is H&E Equipment Services's dividend yield?
The current dividend yield for H&E Equipment Services is 1.81%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate H&E Equipment Services's exact dividend yield.
When does H&E Equipment Services go ex dividend?
H&E Equipment Services's ex-dividend date for the latest dividend was on 2024-11-29. H&E Equipment Services typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next H&E Equipment Services dividend paid?
H&E Equipment Services pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will H&E Equipment Services increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether H&E Equipment Services will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is H&E Equipment Services dividend per share?
H&E Equipment Services paid $1.1 per share in 2024 and $1.1 per share in 2023. The amount of dividend per share that H&E Equipment Services pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is H&E Equipment Services a dividend aristocrat?
No, 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 H&E Equipment Services a dividend king?
No, 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 H&E Equipment Services a dividend stock?
Yes, H&E Equipment Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is H&E Equipment Services a good dividend stock?
Whether H&E Equipment Services is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. H&E Equipment Services has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating H&E Equipment Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating H&E Equipment Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does H&E Equipment Services pay dividends monthly?
H&E Equipment Services typically pays dividends on a quarterly basis.
Does H&E Equipment Services pay dividends quarterly?
H&E Equipment Services currently pays dividends on a quarterly basis.
Has H&E Equipment Services ever paid a dividend?
Yes, H&E Equipment Services has a history of paying dividends to its shareholders. H&E Equipment Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy H&E Equipment Services dividend stocks?
To buy H&E Equipment Services 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy H&E Equipment Services 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.
Place an order: Use the brokerage's trading platform to place an order to buy H&E Equipment Services 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.
When does H&E Equipment Services pay dividends 2024?
H&E Equipment Services pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will H&E Equipment Services increase its dividend in 2024?
Decisions regarding H&E Equipment Services dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date H&E Equipment Services dividend overview you can look into the above table of dividend history.
How H&E Equipment Services dividend works?
The H&E Equipment Services dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how H&E Equipment Services's dividend process works:
1. Determination of Dividend: H&E Equipment Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, H&E Equipment Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, H&E Equipment Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from H&E Equipment Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: H&E Equipment Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, H&E Equipment Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, H&E Equipment Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from H&E Equipment Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are H&E Equipment Services dividends paid?
H&E Equipment Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: H&E Equipment Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, H&E Equipment Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: H&E Equipment Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: H&E Equipment Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, H&E Equipment Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: H&E Equipment Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does H&E Equipment Services pay dividends?
H&E Equipment Services typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does H&E Equipment Services pay dividends?
The general pattern is that H&E Equipment Services pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is H&E Equipment Services dividend safe?
The safety of H&E Equipment Services's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of H&E Equipment Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review H&E Equipment Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of H&E Equipment Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review H&E Equipment Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.