Upbound Group, Inc. Declares Quarterly Cash Dividend of $0.37 for the Third Quarter of 2024

Rhea-AI Summary

Upbound Group, a prominent provider of technology-driven leasing solutions, has announced a quarterly cash dividend of $0.37 for the third quarter of 2024.

The dividend will be distributed on July 9, 2024, to shareholders recorded by June 18, 2024.

Upbound operates under brands like Rent-A-Center and Acima.

Positive

• Quarterly cash dividend of $0.37 declared for Q3 2024.
• Dividend distribution date set for July 9, 2024.
• Shareholder record date is June 18, 2024.
• Stable dividend indicates company confidence.

Negative

• No mention of financial performance metrics or earnings results to support the dividend.

PLANO, Texas--(BUSINESS WIRE)-- Upbound Group, Inc. (the "Company" or "Upbound") (NASDAQ: UPBD), a leading provider of technology-driven, flexible leasing solutions for consumers through its operating brands that include Rent-A-Center® and Acima®, today announced that its Board of Directors has approved a quarterly cash dividend of $0.37 for the third quarter of 2024. The dividend will be paid on July 9, 2024, to the Company’s common stockholders of record as of the close of business on June 18, 2024.

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 2,300 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/20240605114079/en/

Investor Contact:

Jeff Chesnut

SVP Strategy & Corporate Development

972-801-1108

jeff.chesnut@upbound.com

Source: Upbound Group, Inc.

FAQ

What is the dividend amount declared by Upbound for Q3 2024?

Upbound has declared a quarterly cash dividend of $0.37 for the third quarter of 2024.

When will Upbound pay the Q3 2024 dividend?

The dividend will be paid on July 9, 2024.

Who is eligible for the Upbound Q3 2024 dividend?

Shareholders of record by the close of business on June 18, 2024, are eligible.

What brands operate under Upbound Group?

Upbound operates under brands such as Rent-A-Center and Acima.