AMERCO Announces Special Cash Dividend
AMERCO (Nasdaq: UHAL) announced a special cash dividend of $0.50 per share on August 20, 2020.
Sentiment and the balance of points
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Rhea-AI Summary
AMERCO (Nasdaq: UHAL) announced a special cash dividend of $0.50 per share on August 20, 2020. The dividend, payable on September 21, 2020, will benefit shareholders on record as of September 7, 2020. As the parent company of U-Haul International, AMERCO continues its long-standing commitment to providing services in the moving and storage industry while promoting environmental sustainability.
Positive
- Special cash dividend of $0.50 per share declared.
- Dividend payment reinforces shareholder value.
Negative
- None.
Details
News Market Reaction – UHAL
The recorded move for UHAL in the trading session of this news was +1.41%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
RENO, Nev., Aug. 21, 2020 /PRNewswire/ -- AMERCO (Nasdaq: UHAL), the parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on August 20, 2020, 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-301116522.html
SOURCE AMERCO
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