Herc Hldgs: Dividend Insights
Portfolio Pulse from Benzinga Insights
Herc Hldgs (NYSE:HRI) announced a quarterly dividend of 66.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning HRI by the end of Monday are eligible for the payout on March 07, 2024. The stock is expected to open 66.5 cents lower on the ex-dividend date.
February 15, 2024 | 2:45 pm
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Herc Hldgs announced a quarterly dividend of 66.5 cents per share, with the ex-dividend date on Tuesday. Eligible shareholders will receive the payout on March 07, 2024.
The stock is expected to open lower on the ex-dividend date as it adjusts for the dividend payout. This is a common occurrence and typically results in a short-term decrease in stock price, reflecting the dividend amount being paid out.
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