By Colin Kellaher
Herc Holdings' board has raised the equipment-rental supplier's quarterly dividend by 5.3% to 70 cents a share from 66.5 cents.
The new payout, equal to $2.80 a year, represents an annual yield of about 1.42% based on Monday's closing price of $197.24, up from 1.35%.
The Bonita Springs, Fla., company on Tuesday said the increased dividend is payable March 4 to shareholders of record Feb. 18.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 04, 2025 08:42 ET (13:42 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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