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Form 8-K · Current Report · Filed 2024-11-18

Vertiv Holdings Announces 50% Quarterly Dividend Increase

On November 18, 2024, Vertiv Holdings Co announced an increase in its regular quarterly dividend from $0.10 to $0.15 per share, effective starting with the fourth-quarter dividend of $0.0375 per share payable on December 19, 2024.

Filer
Vertiv Holdings Co. VRT · NYSE
Filed
Accession
0001628280-24-048175
CIK
0001674101
Signal
Medium impactIndustrials

Details

This decision reflects the company's strong financial performance and cash flow.

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure Dividend Announced
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$120.87

Next session

+16.6%

Since filing

+99.9%

Latest close

$241.57

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from VRT reporting the same item, with the next session's move:

Exhibits (1)

About Vertiv Holdings Co.

Vertiv Holdings Co. is a prominent player in the field of digital infrastructure, focusing on designing, building, and servicing critical data center systems. The company's primary function is to provide essential continuity solutions that support the IT industry, ensuring the stability and efficient operation of networks and communication platforms worldwide. Notable features of Vertiv Holdings include its comprehensive product range, which includes power management systems, thermal management solutions, and IT management tools. It also offers services such as on-site support and management software that help maintain optimal performance and reliability. Vertiv Holdings caters to industries such as telecommunications, cloud computing, and co-location, impacting sectors that depend heavily on stable and efficient data center operations. In the financial markets, Vertiv Holdings plays a significant role by supporting the backbone of digital transformation and enabling the seamless operation of businesses that rely on high availability and data integrity.

Exchange NYSE Industry Electrical Equipment & Parts Company website ↗

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