Aaron's Directors Declare Cash Dividend

Rhea-AI Summary

The Aaron's Company, Inc. (NYSE: AAN) has declared a quarterly cash dividend of $0.1125 per share, payable on January 5, 2023. Shareholders of record as of the close of business on December 15, 2022 will receive this dividend. As a technology-enabled provider of lease-to-own and retail purchase solutions, Aaron's operates approximately 1,300 stores across the US and Canada, including its BrandsMart and Woodhaven divisions, which offer a variety of home goods.

Positive

• Declared a quarterly cash dividend of $0.1125 per share.
• Demonstrates ongoing commitment to returning value to shareholders.

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• None.

ATLANTA, Nov. 9, 2022 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.1125 per share and declared such dividend payable January 5, 2023, to shareholders of record as of the close of business on December 15, 2022.

About The Aaron's Company, Inc.

Headquartered in Atlanta, The Aaron's Company, Inc. (NYSE: AAN) is a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions of appliances, electronics, furniture, and other home goods across its brands: Aaron's, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven. Aaron's offers a direct-to-consumer lease-to-own solution through its approximately 1,300 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform. BrandsMart U.S.A. is one of the leading appliance retailers in the country with ten retail stores in Florida and Georgia, as well as its e-commerce platform. BrandsMart Leasing offers lease-to-own solutions to customers of BrandsMart U.S.A. Woodhaven is the Company's furniture manufacturing division. For more information, visit investor.aarons.com, aarons.com, and brandsmartusa.com.

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SOURCE The Aaron's Company, Inc.

FAQ

What is the dividend amount for AAN?

The dividend amount declared is $0.1125 per share.

When will AAN's dividend be paid?

The dividend will be paid on January 5, 2023.

Who qualifies for the AAN dividend?

Shareholders of record as of the close of business on December 15, 2022, qualify for the dividend.

How often does AAN pay dividends?

AAN pays dividends quarterly.

Is the AAN dividend sustainable?

The sustainability of the dividend depends on the company's financial performance.