H&E Equipment Services Reports Quarterly Cash Dividend
13 Agosto 2024 - 1:00PM
H&E Equipment Services, Inc. (NASDAQ: HEES) announced that its
Board of Directors declared a regular quarterly cash dividend on
August 12, 2024, to be paid to its stockholders. The Company
announced a quarterly cash dividend of $0.275 per share of common
stock to be paid on September 13, 2024, for stockholders of record
as of the close of business on August 28, 2024.
About H&E Equipment Services,
Inc.
Founded in 1961, H&E Equipment Services,
Inc. is one of the largest rental equipment companies in the
nation. The Company’s fleet is among the industry’s youngest and
most versatile with a superior equipment mix comprised of aerial
work platforms, earthmoving, material handling, and other general
and specialty lines. H&E serves a diverse set of end
markets in many high-growth geographies and has branches throughout
the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf
Coast, Southeast, Midwest and Mid-Atlantic regions.
Forward-Looking Statements
Statements contained in this press release that
are not historical facts, including statements about H&E’s
beliefs and expectations, are “forward-looking statements” within
the meaning of the federal securities laws. Statements containing
the words “may,” “could,” “would,” “should,” “believe,” “expect,”
“anticipate,” “plan,” “estimate,” “target,” “project,” “intend,”
“foresee” and similar expressions constitute forward-looking
statements. Forward-looking statements involve known and
unknown risks and uncertainties, which could cause actual results
to differ materially from those contained in any forward-looking
statement. Such factors include, but are not limited to, the
following: (1) general economic and geopolitical conditions in
North America and elsewhere throughout the globe and construction
and industrial activity in the markets where we operate in North
America; (2) our ability to forecast trends in our business
accurately, and the impact of economic downturns and economic
uncertainty on the markets we serve (including as a result of
current uncertainty due to inflation and increasing interest
rates); (3) the impact of conditions in the global credit and
commodity markets and their effect on construction spending and the
economy in general; (4) trends in oil and natural gas which could
adversely affect the demand for our services and products; (5) our
inability to obtain equipment and other supplies for our business
from our key suppliers on acceptable terms or at all, as a result
of supply chain disruptions, insolvency, financial difficulties,
supplier relationships or other factors; (6) increased maintenance
and repair costs as our fleet ages and decreases in our equipment’s
residual value; (7) risks related to a global pandemic and similar
health concerns, such as the scope and duration of the outbreak,
government actions and restrictive measures implemented in response
to the pandemic, material delays and cancellations of construction
or infrastructure projects, labor shortages, supply chain
disruptions and other impacts to the business; (8) our
indebtedness; (9) risks associated with the expansion of our
business and any potential acquisitions we may make, including any
related capital expenditures, or our ability to consummate such
acquisitions; (10) our ability to integrate any businesses or
assets we acquire; (11) competitive pressures; (12) security
breaches, cybersecurity attacks, increased adoption of artificial
intelligence technologies, failure to protect personal information,
compliance with data protection laws and other disruptions in our
information technology systems; (13) adverse weather events or
natural disasters; (14) risks related to climate change and climate
change regulation; (15) compliance with laws and regulations,
including those relating to environmental matters, corporate
governance matters and tax matters, as well as any future changes
to such laws and regulations; and (16) other factors discussed in
our public filings, including the risk factors included in the
Company’s most recent Annual Report on Form 10-K. Investors,
potential investors and other readers are urged to consider these
factors carefully in evaluating the forward-looking statements and
are cautioned not to place undue reliance on such forward-looking
statements. Except as required by applicable law, including
the securities laws of the United States and the rules and
regulations of the SEC, we are under no obligation to publicly
update or revise any forward-looking statements after the date of
this release, whether as a result of any new information, future
events or otherwise. These statements are based on the
current beliefs and assumptions of H&E’s management, which in
turn are based on currently available information and important,
underlying assumptions. Investors, potential investors,
security holders and other readers are urged to consider the
above-mentioned factors carefully in evaluating the forward-looking
statements and are cautioned not to place undue reliance on such
forward-looking statements.
Contacts:
Leslie S. MageeChief Financial
Officer225-298-5261lmagee@he-equipment.com
Jeffrey L. ChastainVice President of Investor
Relations225-952-2308jchastain@he-equipment.com
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