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Electro Rent (Electro Rent) Forward Dividend Yield % : 3.23% (As of Apr. 26, 2024)


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What is Electro Rent Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Electro Rent is 3.23%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Electro Rent is 3.23%.

ELRC's Forward Dividend Yield % is not ranked
in the Business Services industry.
Industry Median: 3.16 vs ELRC: 3.23

Electro Rent's Dividends per Share for the three months ended in Feb. 2016 was $0.13.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Electro Rent's Forward Dividend Yield %

For the Rental & Leasing Services subindustry, Electro Rent's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Electro Rent's Forward Dividend Yield % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Electro Rent's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Electro Rent's Forward Dividend Yield % falls into.



Electro Rent Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Electro Rent  (NAS:ELRC) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Electro Rent Forward Dividend Yield % Related Terms

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Electro Rent (Electro Rent) Business Description

Traded in Other Exchanges
N/A
Address
Electro Rent Corp was incorporated in California in 1965 and became a publicly held corporation in 1980. The Company rental, lease and sells of new and used electronic test and measurement equipment. The Company purchases that equipment from manufacturers such as Agilent and Tektronix primarily for use by its customers in the aerospace, telecommunications, defense, electronics, industrial and semiconductor industries. The Company data products division provides personal computers and servers from manufacturers including Dell, HP/Compaq, IBM, Toshiba and Apple. It has also expanded its rental, lease and sale of electrical test and inspection equipment used in the industrial industry, which includes electrical contractors and utility companies and their related support services providers. The Company's competitors in the North American T&M rental area include McGrath Rent Corp., Continental Resources, Test Equity and Microlease PLC. It competes for rental business with Microlease plc and Livingston Group Ltd. in Europe and Orix Corporation in Asia.
Executives
James S Pignatelli director 2300 E SLINGSHOT WAY, KAMAS UT 84036
Theodore E Guth director 6060 SEPULVEDA BOULEVARD, VAN NUYS CA 91411
Joseph J Kearns director C/O ELECTRO RENT CORP, 6060 SEPULVEDA BLVD, VAN NUYS CA 91411
Platinum Equity Llc 10 percent owner 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Tom Gores 10 percent owner C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Investment Holdings Iii, Llc 10 percent owner C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Iii, Llc 10 percent owner C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
S Lee Kling director 1401 S BRENTWOOD BLVD, ST LOUIS MO 63144

Electro Rent (Electro Rent) Headlines

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