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General Finance Corporation Declares Dividend of $2.30 Per Share


GlobeNewswire Inc | Jan 15, 2021 08:30AM EST

January 15, 2021

PASADENA, Calif., Jan. 15, 2021 (GLOBE NEWSWIRE) -- 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 thirty-first dividend being paid by the Company on its Series C Preferred Stock and is payable with respect to the period commencing on October 31, 2020 and ending on January 30, 2021. This dividend is payable on February 1, 2021 to preferred stockholders of record as of January 30, 2021.

About General Finance Corporation

Headquartered inPasadena, 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.Managements expertise in these sectors drives disciplined growth strategies, operational guidance, effective capital allocation and capital markets support for the Companys subsidiaries.The CompanysAsia-Pacificleasing operations inAustraliaand New Zealand consist of wholly-ownedRoyal Wolf (www.royalwolf.com.au), the leading provider of portable storage solutions in those regions.The CompanysNorth Americaleasing operations consist of wholly-owned subsidiariesPac-Van, Inc. (www.pacvan.com) andLone 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 ownsSouthern Frac, LLC (www.southernfrac.com), a manufacturer of portable liquid storage tank containers and, under the trade name Southern Fabrication Specialties (www.southernfabricationspecialties.com), other steel-related products in North America.

Investor Contact

Larry ClarkFinancial Profiles, Inc.(310) 622-8223







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