Posted February 7, 2024

Herc Holdings announces quarterly dividend

Herc Holdings Inc. increases quarterly dividend by 5 percent to $0.665 per share.

The dividend is payable March 7, 2024, to shareholders of record as of February 21, 2024. At the new rate, the indicated dividend on an annual basis is $2.66 per share compared to the previous rate of $2.53 per share.

“Investments in the growth of our business, the increase in our dividend, and the share buybacks we made in 2023 underscore the strength of our balance sheet and confidence in our strategic direction as we enter 2024. We remain committed to delivering sustained profit growth and returns to our shareholders,” says Larry Silber, president, chief executive officer.

Founded in 1965, Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is a full-line equipment rental supplier with approximately 382 locations across North America, and 2022 total revenues of approximately $2.7 billion.