Rent-A-Center, Inc. Declares Quarterly Cash Dividend of $0.31 for the Third Quarter of 2021

Rhea-AI Summary

Rent-A-Center (NASDAQ: RCII) has declared a quarterly cash dividend of $0.31 per share for Q3 2021. This dividend will be paid on July 13, 2021, to stockholders of record as of June 22, 2021. The company is known for its lease-to-own services aimed at cash and credit-constrained customers, offering access to quality products through flexible payment agreements. Rent-A-Center operates approximately 1,970 stores across the U.S., Mexico, and Puerto Rico, and provides additional services through its Acima segment and franchise locations.

Positive

• Declaration of a quarterly cash dividend of $0.31 per share.
• Dividend payment scheduled for July 13, 2021, indicating financial confidence.
• Strong operational presence with approximately 1,970 stores across multiple countries.

Negative

• None.

Rent-A-Center, Inc. (the “Company”) (NASDAQ/NGS: RCII) announced that its Board of Directors has approved a quarterly cash dividend of $0.31 per share for the third quarter of 2021. The dividend will be paid on July 13, 2021 to the Company’s common stockholders of record as of the close of business on June 22, 2021.

About Rent-A-Center, Inc.
Rent-A-Center, Inc. (NASDAQ: RCII) is an industry leading omni-channel lease-to-own provider for the cash and credit constrained customer. The Company focuses on improving the quality of life for its customers by providing access and the opportunity to obtain ownership of high-quality, durable products via small payments over time under a flexible lease-purchase agreement and no long-term debt obligation. The Acima segment provides virtual and staffed lease-to-own solutions to retail partners in stores and online enabling our partners to grow sales by expanding their customer base utilizing our differentiated offering. The Rent-A-Center Business and Mexico segments provide lease-to-own options on products such as furniture, appliances, consumer electronics, and computers in approximately 1,970 Rent-A-Center stores in the United States, Mexico, and Puerto Rico and on its e-commerce platform, Rentacenter.com. The Franchising segment is a national franchiser of approximately 460 franchise locations. Rent-A-Center is headquartered in Plano, Texas. For additional information about the Company, please visit our website at Rentacenter.com or investor.rentacenter.com.

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