AMERCO Announces Special Cash Dividend

AMERCO (Nasdaq: UHAL) declared a special cash dividend of $0.50 per share on April 6, 2022.

(Neutral)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

AMERCO (Nasdaq: UHAL) declared a special cash dividend of $0.50 per share on April 6, 2022. This dividend is payable on April 29, 2022, to shareholders on record as of April 18, 2022. AMERCO is the parent company of U-Haul and several insurance companies, operating a vast network of moving and storage solutions since 1945. The company's offerings include approximately 176,000 trucks, 126,000 trailers, and 855,000 storage units across 23,000 locations in North America.

Positive

Declared a special cash dividend of $0.50 per share, enhancing shareholder value.
Strong operational network with over 23,000 locations, supporting stable revenue generation.

Negative

None.

Argus Session date unavailable

+0.91% session move Open Argus

Details

News Market Reaction – UHAL

The recorded move for UHAL in the trading session of this news was +0.91%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

04/08/2022 - 04:15 PM EDT

RENO, Nev., April 8, 2022 /PRNewswire/ -- AMERCO (Nasdaq: UHAL), the parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on April 6, 2022, declared a special cash dividend on its Common Stock of $0.50 per share. The dividend will be payable April 29, 2022 to holders of record on April 18, 2022.

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 No. 1 choice of do-it-yourself movers, with a network of more than 23,000 locations across all 50 states and 10 Canadian provinces. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 176,000 trucks, 126,000 trailers and 46,000 towing devices. U-Haul is the third largest self-storage operator in North America and offers over 855,000 rentable storage units and 73.6 million square feet of self-storage space at owned and managed facilities. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry.

View original content:https://www.prnewswire.com/news-releases/amerco-announces-special-cash-dividend-301520420.html

SOURCE AMERCO

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by AMERCO?

AMERCO declared a special cash dividend of $0.50 per share.

When will the dividend be paid to shareholders?

The dividend is payable on April 29, 2022.

Who is eligible to receive the dividend?

Shareholders on record as of April 18, 2022, are eligible to receive the dividend.

AMERCO Announces Special Cash Dividend