H&E Equipment Services's last quarterly dividend of $0.275 per share was on Feb 23, 2023 (ex-date). The annualized dividend payment of $1.1 per share represents a current dividend yield of 2.59%.
H&E Equipment Services's dividend yield of 2.59% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 1.52%, H&E Equipment Services's dividend yield is 70% higher. The historical 5-year average of HEES's dividend yield is 3.7%, which is above the current yield.
H&E Equipment Services has a dividend history dating as far as 2012, but lately the company has recorded nine consecutive years of dividend payments. Our records of HEES show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. But with the stock price down by 4.7% from a year ago, the dividend yield has increased by 4.8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 23, 2023 | Mar 10, 2023 | Feb 10, 2023 | $0.275 | normal |
| Nov 25, 2022 | Dec 9, 2022 | Nov 11, 2022 | $0.275 | normal |
| Aug 25, 2022 | Sep 9, 2022 | Aug 11, 2022 | $0.275 | normal |
| May 26, 2022 | Jun 10, 2022 | May 12, 2022 | $0.275 | normal |
| Feb 28, 2022 | Mar 18, 2022 | Feb 11, 2022 | $0.275 | normal |
| Nov 22, 2021 | Dec 10, 2021 | Nov 10, 2021 | $0.275 | normal |
| Aug 26, 2021 | Sep 17, 2021 | Aug 11, 2021 | $0.275 | normal |
| Jun 1, 2021 | Jun 18, 2021 | May 14, 2021 | $0.275 | normal |
| Feb 25, 2021 | Mar 12, 2021 | Feb 11, 2021 | $0.275 | normal |
| Nov 24, 2020 | Dec 11, 2020 | Nov 10, 2020 | $0.275 | normal |
| Aug 27, 2020 | Sep 11, 2020 | Aug 10, 2020 | $0.275 | normal |
| May 29, 2020 | Jun 12, 2020 | May 19, 2020 | $0.275 | normal |
| Feb 27, 2020 | Mar 13, 2020 | Feb 14, 2020 | $0.275 | normal |
| Nov 22, 2019 | Dec 13, 2019 | Nov 12, 2019 | $0.275 | normal |
| Aug 26, 2019 | Sep 13, 2019 | Aug 14, 2019 | $0.275 | normal |
| May 24, 2019 | Jun 14, 2019 | May 10, 2019 | $0.275 | normal |
| Feb 19, 2019 | Mar 8, 2019 | Feb 7, 2019 | $0.275 | normal |
| Nov 16, 2018 | Dec 7, 2018 | Nov 6, 2018 | $0.275 | normal |
| Aug 20, 2018 | Sep 7, 2018 | Aug 7, 2018 | $0.275 | normal |
| May 25, 2018 | Jun 15, 2018 | May 15, 2018 | $0.275 | normal |
| Feb 26, 2018 | Mar 9, 2018 | Feb 16, 2018 | $0.275 | normal |
| Nov 17, 2017 | Dec 11, 2017 | Nov 7, 2017 | $0.275 | normal |
| Aug 30, 2017 | Sep 11, 2017 | Aug 19, 2017 | $0.275 | normal |
| May 31, 2017 | Jun 16, 2017 | May 19, 2017 | $0.275 | normal |
| Feb 23, 2017 | Mar 10, 2017 | Feb 15, 2017 | $0.275 | normal |
| Nov 17, 2016 | Dec 9, 2016 | Nov 10, 2016 | $0.275 | normal |
| Aug 18, 2016 | Sep 9, 2016 | Aug 10, 2016 | $0.275 | normal |
| May 24, 2016 | Jun 9, 2016 | May 16, 2016 | $0.275 | normal |
H&E Equipment Services's payout ratio of 29.9% is above the Industrials sector average but below the industry average. Compared to its Industrials sector average of 28.3%, H&E Equipment Services's payout ratio is 6% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CCI Crown Castle International Corp | 4.55% | $5.98 | 154.4% |
| HEES H&E Equipment Services Inc | 2.59% | $1.1 | 29.9% |
Yes, H&E Equipment Services has been paying dividends for the last nine years.
At this point we don't have a record of HEES's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2023.
H&E Equipment Services's last dividend ex-date was on Feb 23, 2023. The dividend amount was $0.275 per share.
On an annual basis HEES pays $1.1 per share.
H&E Equipment Services's current dividend yield is 2.59%.
H&E Equipment Services has a quarterly dividend frequency.
H&E Equipment Services's dividend payout ratio is 29.9%.
H&E Equipment Services's dividend yield is above the Industrials sector average.