Upbound Group, Inc. Declares Quarterly Cash Dividend of $0.34 for the Second Quarter of 2023

Rhea-AI Summary

Upbound Group, Inc. (NASDAQ: UPBD) has declared a quarterly cash dividend of $0.34 for Q2 2023. This dividend will be distributed on April 24, 2023, to stockholders recorded as of the end of business on April 5, 2023. Based in Plano, Texas, Upbound operates popular brands like Rent-A-Center® and Acima®, providing innovative leasing solutions across the United States, Mexico, and Puerto Rico. The company's focus on technology-driven financial solutions aims to enhance consumer experiences and opportunities.

Positive

• Quarterly cash dividend of $0.34 reflects confidence in financial health.
• Dividend payment scheduled for April 24, 2023, indicating ongoing shareholder returns.

Negative

• None.

PLANO, Texas--(BUSINESS WIRE)--

Upbound Group, Inc. (the "Company" or "Upbound") (NASDAQ: UPBD), a leading provider of technology driven and flexible leasing solutions for consumers through its operating brands including Rent-A-Center® and Acima®, today announced that its Board of Directors has approved a quarterly cash dividend of $0.34 for the second quarter of 2023. The dividend will be paid on April 24, 2023, to the Company’s common stockholders of record as of the close of business on April 5, 2023.

About Upbound Group, Inc.

Upbound Group, Inc. (NASDAQ: UPBD) is an omni-channel platform company committed to elevating financial opportunity for all through innovative, inclusive, and technology-driven financial solutions that address the evolving needs and aspirations of consumers. The Company’s customer-facing operating units include industry-leading brands such as Rent-A-Center® and Acima® that facilitate consumer transactions across a wide range of store-based and digital retail channels, including over 2,400 company branded retail units across the United States, Mexico and Puerto Rico. Upbound Group, Inc. is headquartered in Plano, Texas. For additional information about the Company, please visit our website Upbound.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230324005119/en/

Investor Contact:

Upbound Group, Inc.

Brendan Metrano

VP, Investor Relations

972-801-1280

brendan.metrano@upbound.com

Source: Upbound Group, Inc.

FAQ

What is the dividend amount for Upbound Group, Inc. in Q2 2023?

The dividend amount for Q2 2023 is $0.34.

When will Upbound Group pay its dividend?

The dividend will be paid on April 24, 2023.

What is the record date for Upbound Group's dividend?

The record date for the dividend is April 5, 2023.

How does Upbound Group support financial opportunities for consumers?

Upbound Group provides technology-driven leasing solutions through brands like Rent-A-Center® and Acima®.