United Rentals

United Rentals is the largest equipment rental company in North America, supplying construction and industrial machinery to contractors, manufacturers and infrastructure projects. Renting rather than owning equipment has become the norm for many customers, and United Rentals' vast fleet, dense branch network and scale advantages have made it the clear leader in a consolidating market. The company only began paying a dividend relatively recently, so its continuity record is short and the yield is low. Management has historically prioritized share buybacks and fleet investment over cash payouts, and the dividend remains a secondary part of the story. Its profile is that of a cyclical growth business with a young, modest distribution rather than an income anchor.