Vertiv declares quarterly dividend of $0.0375 per share

Published 03/09/2025, 11:38
Vertiv declares quarterly dividend of $0.0375 per share

COLUMBUS, Ohio - Vertiv Holdings Co (NYSE:VRT), a provider of critical digital infrastructure and currently valued at $47.25 billion, announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.0375 per share of the company’s Class A common stock. According to InvestingPro data, the company maintains strong financial health with a current ratio of 1.74.

The dividend will be payable on September 25, 2025, to shareholders of record of Class A common stock at the close of business on September 15, 2025.

Vertiv, headquartered in Westerville, Ohio, operates in more than 130 countries, providing power, cooling and IT infrastructure solutions and services to data centers, communication networks and commercial and industrial facilities.

The announcement was made in a press release statement issued by the company.

In other recent news, Vertiv Holdings Co announced the completion of its $200 million acquisition of Great Lakes Data Racks & Cabinets, enhancing its offerings in data center solutions. Additionally, Vertiv acquired Waylay NV, a Belgium-based AI software firm, to bolster its capabilities in AI-driven monitoring and control technologies. This acquisition is expected to improve operational intelligence and energy optimization for its customers. Meanwhile, Mizuho raised its price target for Vertiv to $165, citing strong growth in the Americas region and an increase in organic growth guidance to approximately 24%. In contrast, GLJ Research initiated coverage with a Sell rating, expressing concerns about the stock reflecting peak cycle economics. Rothschild Redburn also began coverage with a Neutral rating, highlighting Vertiv’s strong position in AI-driven capital investments. These developments reflect a mix of positive growth prospects and cautious analyst perspectives for the company.

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