Herc Holdings (FRA:H9B1) Dividend Payout Ratio : 0.29 (As of Mar. 2024)

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What is Herc Holdings Dividend Payout Ratio?

Herc Holdings's dividend payout ratio for the months ended in Mar. 2024 was 0.29.

The historical rank and industry rank for Herc Holdings's Dividend Payout Ratio or its related term are showing as below:

FRA:H9B1' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.21 Max: 0.21
Current: 0.21

During the past 11 years, the highest Dividend Payout Ratio of Herc Holdings was 0.21. The lowest was 0.07. And the median was 0.21.

FRA:H9B1's Dividend Payout Ratio is ranked better than
80.69% of 523 companies
in the Business Services industry
Industry Median: 0.39 vs FRA:H9B1: 0.21

As of today (2024-05-07), the Dividend Yield % of Herc Holdings is 1.73%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Herc Holdings was 2.36%. The lowest was 0.30%. And the median was 1.69%.

Herc Holdings's Dividends per Share for the months ended in Mar. 2024 was €0.61.

During the past 12 months, Herc Holdings's average Dividends Per Share Growth Rate was 8.70% per year.

The growth rate is calculated with least square regression.

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

Herc Holdings Dividend Payout Ratio Historical Data

The historical data trend for Herc Holdings'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.

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Herc Holdings Dividend Payout Ratio Chart

Herc Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.07

0.21

Herc Holdings 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															0.28	0.24	0.16	0.20	0.29

Competitive Comparison of Herc Holdings's Dividend Payout Ratio

For the Rental & Leasing Services subindustry, Herc Holdings'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.

Herc Holdings's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Herc Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Herc Holdings's Dividend Payout Ratio falls into.

Herc Holdings Dividend Payout Ratio Calculation

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

Herc Holdings'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 )
	=	2.32	/	11.087
	=	0.21

Herc Holdings'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 )
	=	0.612	/	2.107
	=	0.29

Herc Holdings (FRA:H9B1) 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.

Herc Holdings Dividend Payout Ratio Related Terms

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

Herc Holdings (FRA:H9B1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Herc Holdings Inc (FRA:H9B1) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

HRI:USA

Address

27500 Riverview Center Boulevard, Bonita Springs, FL, USA, 34134

Website

https://www.hercrentals.com

Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.2 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' strategy now incorporates long-term rentals to industrial customers where Herc maintains its own staff at the customer site.

Herc Holdings (FRA:H9B1) Headlines

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