Herc Holdings boosts dividend 5% to 66.5c per share

Herc Holdings, announced that its Board of Directors has increased the Company’s quarterly dividend by 3.25c per share, or 5% to 66.5c per share. The dividend is payable March 7 to shareholders of record as of February 21 . At the new rate, the indicated dividend on an annual basis is $2.66 per share compared to the previous rate of $2.53 per share. “Investments in the growth of our business, the increase in our dividend, and the share buybacks we made in 2023 underscore the strength of our balance sheet and confidence in our strategic direction as we enter 2024. We remain committed to delivering sustained profit growth and returns to our shareholders,” said Larry Silber, president, chief executive officer.