Why did Avis Budget Group & Hertz stock prices tumble?

Avis Budget Group (NASDAQ: CAR) and Hertz (NYSE: HTZ) stock prices tumbled on Thursday as investors focused on the latter's financial results. Hertz crashed by over 17%, bringing the year-to-date loss...

When does a car rental company pay a dividend?

The car rental company says the dividend is payable on Dec. 21 to stockholders of record as of Dec. 15. The special dividend is payable on Dec. 21 to shareholders of record as of the close of business on Dec. 15, the company said Tuesday.

Is Hertz a car rental company?

Hertz Global Holdings, Inc. engages in the vehicle rental business through the Hertz, Dollar, and Thrifty brands. It operates under the Americas Rental Car (RAC) and International Rental Car (RAC) segments. The Americas RAC segment focuses on operations in the United States, Canada, Latin America, and the Caribbean.