Attached files
file | filename |
---|---|
8-K - PRIMARY DOCUMENT - General Finance CORP | form_8k.htm |
EXHIBIT 99.1
GENERAL FINANCE CORPORATION DECLARES DIVIDEND OF $2.30 PER SHARE ON
ITS 9.00% SERIES C CUMULATIVE REDEEMABLE PERPETUAL PREFERRED
STOCK
PASADENA,
CA – October 13, 2017 – General Finance Corporation
(NASDAQ:GFN), a leading specialty rental services company offering
portable storage, modular space and liquid containment solutions
(the “Company”), announced today that in accordance
with the terms of its 9.00% Series C Cumulative Redeemable
Perpetual Preferred Stock (NASDAQ:GFNCP) (the “Series C
Preferred Stock”), the Board of Directors has declared a cash
dividend of $2.30 per share. The dividend is the eighteenth
dividend being paid by the Company on its Series C Preferred Stock
and is payable with respect to the period commencing on July 31,
2017 and ending on October 30, 2017. This dividend is payable on
October 31, 2017 to preferred stockholders of record as of October
30, 2017.
About General Finance Corporation
Headquartered
in Pasadena, California, General Finance Corporation (NASDAQ: GFN,
www.generalfinance.com)
is a leading specialty rental services company offering portable
storage, modular space and liquid containment solutions.
Management’s expertise in these sectors drives disciplined
growth strategies, operational guidance, effective capital
allocation and capital markets support for the Company’s
subsidiaries. The Company’s Asia-Pacific leasing operations
in Australia and New Zealand consist of Royal Wolf Holdings Limited
(www.royalwolf.com.au),
the leading provider of portable storage solutions in those
countries. The Company’s North America leasing operations
consist of wholly-owned subsidiaries Pac-Van, Inc. (www.pacvan.com)
and Lone Star Tank Rental Inc. (www.lonestartank.com),
providers of portable storage, office and liquid storage tank
containers, mobile offices and modular buildings. The Company also
owns Southern Frac, LLC (www.southernfrac.com),
a manufacturer of portable liquid storage tank containers and other
steel-related products in North America.
Investor/Media Contact
Larry
Clark
Financial
Profiles, Inc.
(310)
622-8223