Rent-A-Center, Inc. Declares Quarterly Cash Dividend of $0.34 for the Fourth Quarter of 2022

Rhea-AI Summary

Rent-A-Center, Inc. (NASDAQ: RCII) has declared a quarterly cash dividend of $0.34 for Q4 2022. The dividend is set to be paid on October 25, 2022, to common stockholders who are on record as of October 4, 2022. This move reflects the company's commitment to returning value to shareholders while maintaining its position as a leading provider of flexible leasing solutions for consumers.

Positive

• Quarterly cash dividend of $0.34 approved for Q4 2022, reinforcing commitment to shareholder returns.

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• None.

PLANO, Texas--(BUSINESS WIRE)-- Rent-A-Center, Inc. (NASDAQ/NGS:RCII), a leading provider of technology driven, flexible, no debt obligation leasing solutions for consumers, today announced that its Board of Directors has approved a quarterly cash dividend of $0.34 for the fourth quarter of 2022. The dividend will be paid on October 25, 2022, to the Company’s common stockholders of record as of the close of business on October 4, 2022.

About Rent-A-Center, Inc.

Rent-A-Center, Inc. (NASDAQ: RCII) is a leading provider of technology driven, flexible, no debt obligation leasing solutions that offer underserved consumers access to and potential ownership of high-quality durable goods that enhance the quality of life. The Company’s omni-channel model utilizes proprietary data and technology to facilitate transactions across a wide range of retail channels including its own Acima virtual lease-to-own platform, Rentacenter.com, e-commerce partner platforms, partner retail stores, and Rent-A-Center branded stores. For additional information about the Company, please visit our website Rentacenter.com or Investor.rentacenter.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220921005213/en/

Investor Contact:

Rent-A-Center, Inc.

Brendan Metrano

VP, Investor Relations

972-801-1280

brendan.metrano@rentacenter.com

Source: Rent-A-Center, Inc.

FAQ

What is the dividend amount and payment date for Rent-A-Center (RCII)?

The dividend amount for Rent-A-Center (RCII) is $0.34, scheduled for payment on October 25, 2022.

When is the record date for the Rent-A-Center (RCII) dividend?

The record date for the Rent-A-Center (RCII) dividend is October 4, 2022.