Aaron's Directors Declare Cash Dividend

Rhea-AI Summary

The Aaron's Company, Inc. (NYSE: AAN) announced a quarterly cash dividend of $0.1125 per share, payable on October 4, 2022, to shareholders of record as of September 15, 2022. This declaration reflects the company’s ongoing commitment to return value to its shareholders while maintaining a focus on its omnichannel lease-to-own and retail solutions across approximately 1,300 locations in North America.

Positive

• Quarterly cash dividend of $0.1125 per share announced.
• Dividend reflects commitment to shareholder value.

Negative

• None.

ATLANTA, Aug. 10, 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 October 4, 2022, to shareholders of record as of the close of business on September 15, 2022.

About Aaron's

Headquartered in Atlanta, The Aaron's Company, Inc. 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 and consumer electronics retailers in the southeast United States and one of the largest appliance retailers in the country with ten retail stores in Florida and Georgia. BrandsMart Leasing offers lease-to-own solutions to customers of BrandsMart U.S.A. Woodhaven is our furniture manufacturing division.

For more information, visit investor.aarons.com.

 

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SOURCE The Aaron's Company, Inc.

FAQ

What is the dividend amount declared by Aaron's Company (AAN)?

The Aaron's Company declared a quarterly cash dividend of $0.1125 per share.

When will the dividend be paid to shareholders of AAN?

The dividend will be paid on October 4, 2022.

Who are the shareholders eligible for the AAN dividend?

Shareholders of record as of September 15, 2022, are eligible for the dividend.

How often does Aaron's Company pay dividends?

Aaron's Company typically pays dividends on a quarterly basis.