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U-Haul Holding Company Announces Quarterly Cash Dividend

U-Haul Holding Company (NYSE: UHAL, UHAL.B) announced on March 3, 2023, a quarterly cash dividend of $0.04 per share on its Series N Non-Voting Common Stock.

(Neutral)

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Rhea-AI Summary

U-Haul Holding Company (NYSE: UHAL, UHAL.B) announced on March 3, 2023, a quarterly cash dividend of $0.04 per share on its Series N Non-Voting Common Stock. This dividend will be payable on March 27, 2023, to shareholders on record as of March 14, 2023. This marks the second dividend under the company’s policy initiated on October 25, 2022, indicating a commitment to regular dividends starting from the third quarter of fiscal 2023. U-Haul has established itself as a leading provider of moving and storage solutions across North America, boasting more than 23,000 locations and a vast fleet of rental equipment.

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Positive

  • Declaring a quarterly cash dividend of $0.04 per share reflects U-Haul’s commitment to returning value to shareholders.
  • This is the second dividend issued under the new dividend policy, indicating strong cash flow and financial stability.

Negative

  • None.
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-2.98% session move Open Argus
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News Market Reaction – UHAL

The recorded move for UHAL in the trading session of this news was -2.98%.

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RENO, Nev., March 3, 2023 /PRNewswire/ -- U-Haul Holding Company (NYSE: UHAL, UHAL.B), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, on March 3, 2023 declared a quarterly cash dividend of $0.04 per share on its Series N Non-Voting Common Stock. The dividend will be payable March 27, 2023 to holders of record on March 14, 2023.

This will be the second dividend issued under the Company's dividend policy announced on October 25, 2022, which stated that the Company intends to pay quarterly cash dividends on its Series N Non-Voting Common Stock (NYSE: UHAL.B) beginning in the third quarter of fiscal 2023.

About U-Haul Holding Company
U-Haul Holding Company 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 186,000 trucks, 128,000 trailers and 46,000 towing devices. U-Haul is the third largest self-storage operator in North America and offers nearly 934,000 rentable storage units and 79.7 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. U-Haul has been recognized repeatedly as a leading "Best for Vets" employer and was recently named one of the 15 Healthiest Workplaces in America.

Cision View original content:https://www.prnewswire.com/news-releases/u-haul-holding-company-announces-quarterly-cash-dividend-301762545.html

SOURCE U-Haul Holding Company

FAQ

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

When is the U-Haul dividend payment date?

The U-Haul dividend payment date is March 27, 2023.

What is the amount of the U-Haul dividend?

The U-Haul dividend is $0.04 per share.

When will U-Haul's next dividend be paid?

U-Haul plans to pay quarterly dividends, with the next payment scheduled for March 27, 2023.

What is the dividend frequency for U-Haul's Series N Non-Voting Common Stock?

U-Haul intends to pay dividends quarterly on its Series N Non-Voting Common Stock.

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