UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
December 7, 2022
Date of Report (Date of earliest event reported) |
AMERCO
(Exact name of registrant as specified in its charter) |
Nevada 001-11255 88-0106815
(State or other jurisdiction of incorporation) | (Commission File Number) | | (I.R.S. Employer Identification No.) |
5555 Kietzke Lane , Ste. 100
Reno , NV 89511
(Address of Principal Executive Offices) |
775 668-6300
(Registrant’s telephone number, including area code) |
N/A
_____________________________________________________________________________
(Former Name, Former Address, and Former Fiscal Year, if Changed Since Last Report)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol | Name of each exchange on which registered |
Common Stock, $0.25 par value | UHAL | NASDAQ Global Select Market |
Common Stock, $0.001 par value | UHALB | NASDAQ Global Select Market |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Items
On October 25, 2022, AMERCO (the “Company”) announced that its Board of Directors (the “Board”) had adopted a dividend policy under which the Company intends to pay quarterly cash dividends on its Series N Non-Voting Common Stock, (the “Non-Voting Common Stock”), beginning in the third quarter of fiscal 2023, at a rate of $0.04 per share per quarter.
On December 8, 2022, Company announced that its Board declared a cash dividend on its Non-Voting Common Stock of $0.04 per share payable to all shareholders of record of the Company’s Non-Voting Common Stock as of close of business on December 19, 2022. The payment date for the dividend will be December 30, 2022.
This dividend policy may be reviewed, modified or terminated from time to time by the Board.
The Company’s press release regarding the special dividend is included as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
Exhibit No. | Description |
99.1 | Press release dated December 8, 2022. |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL documents) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: December 8, 2022
AMERCO
/s/ Jason A. Berg
Jason A. Berg
Chief Financial Officer
