HEES (H&E Equipment Services) Dividend Payout Ratio : 0.34 (As of Sep. 2024)

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What is H&E Equipment Services Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. H&E Equipment Services's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.34.

The historical rank and industry rank for H&E Equipment Services's Dividend Payout Ratio or its related term are showing as below:

HEES' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.56 Max: 1.72
Current: 0.29

During the past 13 years, the highest Dividend Payout Ratio of H&E Equipment Services was 1.72. The lowest was 0.23. And the median was 0.56.

HEES's Dividend Payout Ratio is ranked better than
68.81% of 529 companies
in the Business Services industry
Industry Median: 0.4 vs HEES: 0.29

As of today (2024-12-14), the Dividend Yield % of H&E Equipment Services is 1.97%.

During the past 13 years, the highest Trailing Annual Dividend Yield of H&E Equipment Services was 9.95%. The lowest was 0.87%. And the median was 3.36%.

H&E Equipment Services's Dividends per Share for the months ended in Sep. 2024 was $0.28.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of H&E Equipment Services was 30.10% per year. The lowest was 1.60% per year. And the median was 15.85% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

H&E Equipment Services Dividend Payout Ratio Historical Data

The historical data trend for H&E Equipment Services's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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H&E Equipment Services Dividend Payout Ratio Chart

H&E Equipment Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.58

1.72

0.73

0.33

0.23

H&E Equipment Services Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.19	0.19	0.40	0.33	0.34

Competitive Comparison of H&E Equipment Services's Dividend Payout Ratio

For the Rental & Leasing Services subindustry, H&E Equipment Services's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

H&E Equipment Services's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, H&E Equipment Services's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where H&E Equipment Services's Dividend Payout Ratio falls into.

H&E Equipment Services Dividend Payout Ratio Calculation

H&E Equipment Services's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.1	/	4.709
	=	0.23

H&E Equipment Services's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.275	/	0.817
	=	0.34

H&E Equipment Services (NAS:HEES) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

H&E Equipment Services Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of H&E Equipment Services's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

H&E Equipment Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » H&E Equipment Services Inc (NAS:HEES) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

H6P:Germany

Address

7500 Pecue Lane, Baton Rouge, LA, USA, 70809

Website

https://www.he-equipment.com

H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; sales of rental equipment; parts sales; and services. The majority of its revenue is derived from the equipment rentals segment.

Executives

Bradley W Barber	director, officer: CEO & President	H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Lawrence C Karlson	director	C/O CDI CORP., 1717 ARCH ST 35TH FLOOR, PHILADELPHIA PA 19103-2768
Gary W Bagley	director	H&E EQUIPMENT SERVICES, 4899 WEST 2100 SOUTH, SALT LAKE CITY UT 84120
Suzanne H Wood	director	1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
John Mcdowell Engquist	officer: President & COO	7500 PECUE LANE, BATON ROUGE LA 70809
Jacob Thomas	director	840 CRESCENT CENTRE DR, STE 600, FRANKLIN TN 37067
Paul Arnold	director	C/O CORT BUSINESS SERVICE CORP, 4401 FAIR LAKES COURT, FAIRFAX VA 22033
Patrick Edsell	director
John Sawyer	director	PENHALL CO., 1801 PENHALL WAY/ POB 4609, ANAHEIM CA 92803
Thompson Mary Patricia B	director	651 S. STRATFORD DRIVE, SUITE 100, MERIDIAN ID 83642
Bruce Bruckmann	director	C/O MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703
John Engquist	director, 10 percent owner, officer: CEO & President	H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Leslie S Magee	officer: CFO & Secretary	H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
John D Jones	officer: V.P., Product Support	H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
William W Fox	officer: V.P., Cranes & Earthmoving	H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816