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H&E Equipment Services (FRA:H6P) Dividend Payout Ratio : 0.40 (As of Mar. 2024)


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What is H&E Equipment Services Dividend Payout Ratio?

H&E Equipment Services's dividend payout ratio for the months ended in Mar. 2024 was 0.40.

The historical rank and industry rank for H&E Equipment Services's Dividend Payout Ratio or its related term are showing as below:

FRA:H6P' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.56   Max: 1.72
Current: 0.23


During the past 13 years, the highest Dividend Payout Ratio of H&E Equipment Services was 1.72. The lowest was 0.23. And the median was 0.56.

FRA:H6P's Dividend Payout Ratio is ranked better than
76.11% of 519 companies
in the Business Services industry
Industry Median: 0.39 vs FRA:H6P: 0.23

As of today (2024-05-14), the Dividend Yield % of H&E Equipment Services is 2.22%.

During the past 13 years, the highest Trailing Annual Dividend Yield of H&E Equipment Services was 9.95%. The lowest was 0.64%. And the median was 3.45%.

H&E Equipment Services's Dividends per Share for the months ended in Mar. 2024 was €0.25.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of H&E Equipment Services was 30.10% per year. The lowest was 1.60% per year. And the median was 15.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


H&E Equipment Services Dividend Payout Ratio Historical Data

The historical data trend for H&E Equipment Services's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

H&E Equipment Services Dividend Payout Ratio Chart

H&E Equipment Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 1.72 0.73 0.33 0.23

H&E Equipment Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.24 0.19 0.19 0.40

Competitive Comparison of H&E Equipment Services's Dividend Payout Ratio

For the Rental & Leasing Services subindustry, H&E Equipment Services's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


H&E Equipment Services's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, H&E Equipment Services's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where H&E Equipment Services's Dividend Payout Ratio falls into.



H&E Equipment Services Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

H&E Equipment Services's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1.009/ 4.318
=0.23

H&E Equipment Services's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.253/ 0.627
=0.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


H&E Equipment Services (FRA:H6P) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


H&E Equipment Services Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of H&E Equipment Services's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


H&E Equipment Services (FRA:H6P) Business Description

Traded in Other Exchanges
Address
7500 Pecue Lane, Baton Rouge, LA, USA, 70809
H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. The majority of its revenue is derived from the equipment rentals segment.

H&E Equipment Services (FRA:H6P) Headlines

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