AMERCO (UHAL) to Issue Quarterly Dividend of $0.50 on January 6th

AMERCO (NASDAQ:UHAL) declared a quarterly dividend on Wednesday, December 11th, Wall Street Journal reports. Stockholders of record on Thursday, December 19th will be paid a dividend of 0.50 per share by the transportation company on Monday, January 6th. This represents a $2.00 annualized dividend and a dividend yield of 0.57%. The ex-dividend date is Wednesday, December 18th.

Shares of UHAL opened at $353.92 on Friday. The firm has a market capitalization of $7.02 billion, a PE ratio of 18.13 and a beta of 0.67. The company’s 50-day moving average is $379.81 and its 200-day moving average is $376.23. AMERCO has a fifty-two week low of $319.51 and a fifty-two week high of $426.50. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.91 and a quick ratio of 1.72.

AMERCO (NASDAQ:UHAL) last issued its quarterly earnings data on Wednesday, November 6th. The transportation company reported $7.97 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $8.94 by ($0.97). The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.12 billion. AMERCO had a net margin of 9.50% and a return on equity of 9.25%. AMERCO’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the previous year, the company earned $8.35 earnings per share. Analysts predict that AMERCO will post 17.46 earnings per share for the current fiscal year.

Separately, BidaskClub lowered shares of AMERCO from a “hold” rating to a “sell” rating in a research report on Monday, November 25th.

About AMERCO

AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.

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Dividend History for AMERCO (NASDAQ:UHAL)

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