Herc Holdings Inc., through its subsidiaries, operates as an equipment rental supplier in the United States and internationally. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment. The company also provides ProSolutions, an industry specific solution-based services, which include power generation, climate control, remediation and restoration, pump, trench shoring, and studio and production equipment; and ProContractor professional grade tools. In addition, it offers various services, including repair, maintenance, equipment management, and safety training; and equipment re-rental and on-site support services, as well as ancillary services, such as equipment transport, rental protection, cleaning, refueling, and labor. Further, the company sells used equipment and contractor supplies, such as construction consumables, tools, small equipment, and safety supplies. It serves non-residential and residential construction, specialty trade, restoration, remediation and environment, and facility maintenance contractors; industrial manufacturing industries, including automotive and aerospace, power, metals and mining, agriculture, pulp, paper and wood, food and beverage, and refineries and petrochemical industries; infrastructure and government sectors; and commercial facilities, hospitality, healthcare, recreation, entertainment production, and special event management customers. The company sells its products through its sales team and industry catalogs, as well as through participation and sponsorship of industry events, trade shows, and Internet. Herc Holdings Inc. was founded in 1965 and is based in Bonita Springs, Florida.
Herc Dividend Announcement
• Herc announced a quarterly dividend of $0.67 per ordinary share which will be made payable on 2024-12-27. Ex dividend date: 2024-12-16
• Herc annual dividend for 2024 was $2.66
• Herc annual dividend for 2023 was $2.53
• Herc's trailing twelve-month (TTM) dividend yield is 0.87%
• Herc's payout ratio for the trailing twelve months (TTM) is 21.55%
Herc Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-16 | $0.67 | quarterly | 2024-12-27 |
| 2024-08-23 | $0.67 | quarterly | 2024-09-06 |
| 2024-05-31 | $0.67 | quarterly | 2024-06-14 |
| 2024-02-20 | $0.67 | quarterly | 2024-03-07 |
| 2023-12-08 | $0.63 | quarterly | 2023-12-26 |
| 2023-08-17 | $0.63 | quarterly | 2023-09-01 |
| 2023-05-25 | $0.63 | quarterly | 2023-06-09 |
| 2023-02-21 | $0.63 | quarterly | 2023-03-09 |
| 2022-12-09 | $0.57 | quarterly | 2022-12-27 |
| 2022-08-18 | $0.57 | quarterly | 2022-09-02 |
| 2022-05-26 | $0.57 | quarterly | 2022-06-10 |
| 2022-02-22 | $0.57 | quarterly | 2022-03-10 |
| 2021-10-19 | $0.50 | quarterly | 2021-11-04 |
Herc Dividend per year
Herc Dividend growth
Herc Dividend Yield
Herc current trailing twelve-month (TTM) dividend yield is 0.87%. Interested in purchasing Herc stock? Use our calculator to estimate your expected dividend yield:
Herc Financial Ratios
P/E ratio18.69
PEG ratio-0.95
P/B ratio4.40
ROE25.68%
Payout ratio21.55%
Current ratio1.22
Quick ratio1.22
Cash Ratio0.20
Herc Dividend FAQ
How much is the next Herc dividend?
Herc's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Herc dividend. The next Herc dividend will be released in February, May, August, or December.
When is Herc dividend paid?
Herc pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and December. 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 Herc pay?
The specific amount of Herc 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 Herc's dividend history.
Does Herc stock pay dividends?
Yes, Herc 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 Herc's dividend history.
How much dividend does Herc pay?
Herc paid $2.66 in 2024, $2.53 in 2023, $2.3 in 2022, $0.5 in 2021, and $0.0 in 2020.
How often does Herc pay dividends?
Herc 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 December.
What is Herc's dividend yield?
The current dividend yield for Herc is 0.87%. 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 Herc's exact dividend yield.
When does Herc go ex dividend?
Herc's ex-dividend date for the latest dividend was on 2024-12-16. Herc 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 Herc dividend paid?
Herc pays dividends on a quarterly basis, typically around February, May, August, or December, but the exact dates can vary each year.
Will Herc 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 Herc 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 Herc dividend per share?
Herc paid $2.66 per share in 2024 and $2.53 per share in 2023. The amount of dividend per share that Herc 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 Herc 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 Herc 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 Herc a dividend stock?
Yes, Herc is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Herc a good dividend stock?
Whether Herc is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Herc has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Herc 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 Herc 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 Herc pay dividends monthly?
Herc typically pays dividends on a quarterly basis.
Does Herc pay dividends quarterly?
Herc currently pays dividends on a quarterly basis.
Has Herc ever paid a dividend?
Yes, Herc has a history of paying dividends to its shareholders. Herc is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Herc dividend stocks?
To buy Herc 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 Herc 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 Herc 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 Herc pay dividends 2024?
Herc pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-27. 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 Herc increase its dividend in 2024?
Decisions regarding Herc 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 Herc dividend overview you can look into the above table of dividend history.
How Herc dividend works?
The Herc 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 Herc's dividend process works:
1. Determination of Dividend: Herc'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, Herc 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, Herc 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 Herc 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: Herc'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, Herc 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, Herc 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 Herc 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 Herc dividends paid?
Herc dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Herc 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, Herc distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Herc 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: Herc 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, Herc distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Herc 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 Herc pay dividends?
Herc 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 Herc pay dividends?
The general pattern is that Herc pays dividends around February, May, August, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Herc dividend safe?
The safety of Herc'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 Herc'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 Herc'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 Herc'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 Herc'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.