Upbound Group, Inc. Increases Quarterly Cash Dividend by Approximately 9% to $0.37 for the First Quarter of 2024

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Upbound Group, Inc. (UPBD) Increases Quarterly Cash Dividend by 9%

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 an increase of approximately 9% in the quarterly cash dividend to $0.37 for the first quarter of 2024. The dividend will be paid on January 9, 2024 to the Company’s common stockholders of record as of the close of business on December 19, 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/20231206039902/en/

Investor Contact:

Jeff Chesnut

SVP Strategy & Corporate Development

972-801-1108

jeff.chesnut@upbound.com

Source: Upbound Group, Inc.

FAQ

What is the latest announcement from Upbound Group, Inc. (UPBD)?

Upbound Group, Inc. (UPBD) has approved an increase of approximately 9% in the quarterly cash dividend to $0.37 for the first quarter of 2024.

When will the increased dividend be paid to Upbound Group, Inc. (UPBD) stockholders?

The increased dividend will be paid on January 9, 2024 to the Company’s common stockholders of record as of the close of business on December 19, 2023.