Herc Holdings (HRI) will start paying quarterly dividends to shareholders. The first HRI dividend is $0.50 per share and will be paid on November 4, 2021. At a stock price of $153 the dividend yield is 1.3%.
Herc Holdings Inc. is an equipment rental supplier. The Company conducts operations under the Herc Rentals brand in the United States and Canada and under the Hertz Equipment Rental brand in other international locations. Herc sells used equipment and contractor supplies such as construction consumables, tools, small equipment and safety supplies. The company provides repair, maintenance and equipment management services and safety training to customers. It also offers equipment re-rental services and provides on-site support and ancillary services. Herc initiated a quarterly dividend in 2021.