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United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The specialty segment rents specialty construction products, including trench safety equipment consists of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and heating, ventilating, and air conditioning equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment; fluid solutions equipment for fluid containment, transfer, and treatment; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. It also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. The company sells used equipment through its sales force, brokers, website, directly to manufacturers, and at auctions. The company operates a network of 1,360 rental locations in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.

United Rentals Dividend Announcement

United Rentals announced a quarterly dividend of $1.63 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-13
United Rentals annual dividend for 2024 was $6.52
United Rentals annual dividend for 2023 was $5.92
United Rentals's trailing twelve-month (TTM) dividend yield is 0.56%
United Rentals's payout ratio for the trailing twelve months (TTM) is 16.65%

United Rentals Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-13$1.63quarterly2024-11-27
2024-08-14$1.63quarterly2024-08-28
2024-05-07$1.63quarterly2024-05-22
2024-02-13$1.63quarterly2024-02-28
2023-11-07$1.48quarterly2023-11-22
2023-08-08$1.48quarterly2023-08-23
2023-05-09$1.48quarterly2023-05-24
2023-02-07$1.48quarterly2023-02-22

United Rentals Dividend per year

United Rentals Dividend Yield

United Rentals current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing United Rentals stock? Use our calculator to estimate your expected dividend yield:

United Rentals Financial Ratios

P/E ratio22.49
PEG ratio-7.72
P/B ratio6.72
ROE30.99%
Payout ratio16.65%
Current ratio0.82
Quick ratio0.77
Cash Ratio0.12

United Rentals Dividend FAQ

Does United Rentals stock pay dividends?
United Rentals does not currently pay dividends to its shareholders.
Has United Rentals ever paid a dividend?
No, United Rentals has no a history of paying dividends to its shareholders. United Rentals is not known for its dividend payments.
Why doesn't United Rentals pay dividends?
There are several potential reasons why United Rentals 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 United Rentals 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 United Rentals 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 United Rentals a dividend aristocrat?
United Rentals 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 United Rentals a dividend king?
United Rentals 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 United Rentals a dividend stock?
No, United Rentals 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 United Rentals stocks?
To buy United Rentals 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 United Rentals 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.