U-Haul Holding Announces Quarterly Dividend of $0.05 (NASDAQ:UHAL)

U-Haul Holding (NASDAQ:UHAL) declared a quarterly dividend on Wednesday, March 5th, RTT News reports. Investors of record on Monday, March 17th will be paid a dividend of 0.05 per share by the transportation company on Friday, March 28th. This represents a $0.20 annualized dividend and a yield of 0.29%.

U-Haul Price Performance

U-Haul stock traded up $1.35 during midday trading on Wednesday, hitting $69.74. The company’s stock had a trading volume of 75,379 shares, compared to its average volume of 100,783. U-Haul has a 12 month low of $59.70 and a 12 month high of $79.04. The company has a quick ratio of 1.83, a current ratio of 2.03 and a debt-to-equity ratio of 0.89. The stock’s 50-day moving average price is $71.01 and its 200-day moving average price is $71.97. The company has a market capitalization of $13.67 billion, a PE ratio of 32.29 and a beta of 1.09.

Insider Transactions at U-Haul

In other news, Director John P. Brogan sold 3,000 shares of U-Haul stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $67.04, for a total value of $201,120.00. Following the transaction, the director now directly owns 40,987 shares of the company’s stock, valued at $2,747,768.48. This trade represents a 6.82 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Mark V. Shoen sold 12,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $65.03, for a total transaction of $812,875.00. Following the sale, the insider now owns 654,711 shares in the company, valued at $42,575,856.33. This represents a 1.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 28,000 shares of company stock valued at $1,837,245 over the last three months. Company insiders own 50.10% of the company’s stock.

About U-Haul

U-Haul Holding Co engages in the insurance and moving and storage businesses. It operates through the following business segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment includes the rental of trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces.