Aaron's, Inc. Directors Declare Dividend

Rhea-AI Summary

Aaron's, Inc. (NYSE: AAN), a leading provider of lease-purchase solutions, has declared a quarterly cash dividend of $0.04 per share. This dividend will be payable on October 6, 2020, to shareholders who are on record as of September 17, 2020. The company operates through over 20,000 retail locations across 46 states and offers products via approximately 1,400 stores and its e-commerce platform, Aarons.com. With subsidiaries like Progressive Leasing and Vive Financial, Aaron's maintains a strong presence in the lease-to-own market.

Positive

• Quarterly cash dividend of $0.04 declared, enhancing shareholder income.
• Continued strong business model with over 20,000 retail locations.

Negative

• None.

ATLANTA, Aug. 6, 2020 /PRNewswire/ -- Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.04 per share and declared such dividend payable October 6, 2020 to shareholders of record as of the close of business on September 17, 2020.  

Headquartered in Atlanta, Aaron's, Inc. (NYSE: AAN), is a leading omnichannel provider of lease-purchase solutions. Progressive Leasing, a virtual lease-to-own company, provides lease-purchase solutions through more than 20,000 retail locations in 46 states. In addition, the Aaron's Business engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its approximately 1,400 Company-operated and franchised stores in 47 states, Canada, and Puerto Rico, as well as its e-commerce platform, Aarons.com. Vive Financial  provides a variety of second-look credit products that are originated through federally insured banks. For more information, visit investor.aarons.com, Aarons.com, ProgLeasing.com, and Vivecard.com.

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SOURCE Aaron's, Inc.

FAQ

What is the dividend amount for Aaron's, Inc. (AAN)?

Aaron's, Inc. has declared a quarterly cash dividend of $0.04 per share.

When is the dividend payment date for AAN?

The dividend will be paid on October 6, 2020.

What is the record date for the dividend from Aaron's, Inc.?

The record date for the dividend is September 17, 2020.

How does the dividend impact shareholders of AAN?

The declared dividend provides income for shareholders, indicating company confidence.