AMERCO Announces Special Cash Dividend
On June 9, 2021, AMERCO (Nasdaq: UHAL) declared a special cash dividend of $0.50 per share, payable on July 8, 2021, to shareholders on record as of June 24, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
On June 9, 2021, AMERCO (Nasdaq: UHAL) declared a special cash dividend of $0.50 per share, payable on July 8, 2021, to shareholders on record as of June 24, 2021. This announcement reflects the company's robust financial standing and commitment to returning value to shareholders. AMERCO operates several subsidiaries, including U-Haul, which has established itself as a leader in the do-it-yourself moving industry since its inception in 1945.
Positive
- Special cash dividend of $0.50 per share announced.
- Dividend payment date set for July 8, 2021, fostering investor confidence.
Negative
- None.
Details
News Market Reaction – UHAL
The recorded move for UHAL in the trading session of this news was +0.79%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
RENO, Nev., June 10, 2021 /PRNewswire/ -- AMERCO (Nasdaq: UHAL), the parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on June 9, 2021, declared a special cash dividend on its Common Stock of
About AMERCO
AMERCO is the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company. U-Haul is in the shared use business and was founded on the fundamental philosophy that the division of use and specialization of ownership is good for both U-Haul customers and the environment.
About U-Haul
Since 1945, U-Haul has been the choice for the do-it-yourself mover. U-Haul customers' patronage has enabled the Company to maintain the largest rental fleet in the do-it-yourself moving industry which includes a fleet of trucks, trailers and towing devices. U-Haul also offers storage throughout North America. U-Haul is the consumer's number one choice as the largest installer of permanent trailer hitches in the automotive aftermarket industry. The Company supplies alternative-fuel for vehicles and backyard barbecues as one of the nation's largest retailers of propane.
View original content:http://www.prnewswire.com/news-releases/amerco-announces-special-cash-dividend-301310301.html
SOURCE AMERCO
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