Herc Holdings Inc. (HRI) Dividends
HRI Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $150.77 | $6.2 | -96.22% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of HRI, the DDM model generated by StockNews estimates a return of negative 96.22% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Herc Holdings Inc are:
- In terms of opportunity, Herc Holdings Inc's estimated return of -96.22% surpasses about just 1.51% of dividend issuers we applied the dividend discount model to.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for HRI, approximately just 0.93% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
- As other dividend issuers in the Industrials sector, HRI's equity discount rate is less than just 0.87% of those stocks.
HRI Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-20 | Dividend | $0.67 | +5.22% |
| 2023-12-08 | Dividend | $0.63 | -- |
| 2023-08-17 | Dividend | $0.63 | -- |
| 2023-05-25 | Dividend | $0.63 | -- |
| 2023-02-21 | Dividend | $0.63 | +9.91% |
| 2022-12-09 | Dividend | $0.58 | -- |
| 2022-08-18 | Dividend | $0.58 | -- |
| 2022-05-26 | Dividend | $0.58 | -- |
| 2022-02-22 | Dividend | $0.58 | +15.00% |
| 2021-10-19 | Dividend | $0.50 | -- |
HRI Dividends vs. Peers
HRI's dividend yield currently ranks #50 of 120 vs. its peers in the Industrial - Services category.