WillScot Holdings Corporation announced the initiation of a quarterly cash dividend program, with the Board of Directors declaring the first dividend of $0.07 per share. This dividend is payable on March 19, 2025, to shareholders of record as of March 5, 2025.
The company stated that this program provides an additional avenue to return surplus capital to shareholders. It reflects the resiliency of WillScot's cash flows across economic cycles, the strength of its balance sheet, and confidence in its long-term growth prospects.
The Board plans to regularly assess the cash dividend program with a long-term objective of increasing the dividend payment over time. This move enhances shareholder returns and demonstrates financial stability and a disciplined capital allocation strategy.
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