AMERCO (NASDAQ:UHALB – Get Rating)'s share price traded up 0.5% during mid-day trading on Wednesday . The company traded as high as $56.85 and last traded at $56.09. 271,422 shares traded hands during mid-day trading, The stock had previously closed at $55.80.

AMERCO Trading Up 0.5 %

The business's 50 day simple moving average is $57.97.

AMERCO Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 30th. Shareholders of record on Monday, December 19th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Friday, December 16th. This represents a $0.16 annualized dividend and a yield of 0.29%.

Insiders Place Their Bets

In other news, President Edward J. Shoen purchased 320,850 shares of the stock in a transaction dated Monday, November 28th. The shares were purchased at an average price of $59.16 per share, with a total value of $18,981,486.00. Following the transaction, the president now owns 924,000 shares in the company, valued at approximately $54,663,840. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, major shareholder Mark V. Shoen acquired 130,000 shares of AMERCO stock in a transaction that occurred on Tuesday, November 29th. The shares were purchased at an average cost of $60.83 per share, for a total transaction of $7,907,900.00. Following the acquisition, the insider now owns 1,054,000 shares in the company, valued at $64,114,820. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, President Edward J. Shoen acquired 320,850 shares of AMERCO stock in a transaction that occurred on Monday, November 28th. The stock was bought at an average price of $59.16 per share, for a total transaction of $18,981,486.00. Following the completion of the acquisition, the president now owns 924,000 shares in the company, valued at approximately $54,663,840. The disclosure for this purchase can be found here. Insiders have acquired a total of 721,250 shares of company stock valued at $44,388,650 in the last 90 days.

AMERCO Company Profile

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AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.

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