FirstCash, Inc. (NASDAQ:FCFS) declared 2Q20 dividend of $ 0.27 per share, or $ 1.08 annualized.
The dividend will be payable on August 28, 2020, to stockholders of record on August 14, 2020, with an ex-dividend date of August 13, 2020.
Dividends History
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Recent Earnings Announcement
FirstCash, Inc. communicated income for the second quarter of $ 0.62 per share, from the revenue of $ 412.75 million, On adjusted basis, FCFS reported income for the quarter of $ 0.62 per share. The quarterly earnings shrunk 18.42 percent while revenues fell 7.46 percent compared with the same quarter last year. Street analysts expected FirstCash, Inc. to report income of $ 0.58 per share on revenue of $ 437.16 million for the second quarter. The bottom line results beat street analysts by $ 0.04 or 6.90 percent, at the same time, top line results fell short of analysts by $ 24.41 million or 5.58 percent.
Stock Performance
According to the previous trading day, closing price of FCFS was $ 63.95, representing a 6.51 % increase from the 52 week low of $ 60.04 and a 40.12 % decrease over the 52 week high of $ 106.80.
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The company has a market capital of $ 2.65 billion and is part of the Financial Services sector and Credit Services industry.
FirstCash, Inc., together with its subsidiaries, operates retail pawn stores in the United States and Latin America. Its pawn stores lend money on the collateral of pledged personal property, including consumer electronics, jewelry, tools, household appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers. The company is also involved in melting scrap jewelry, as well as sells the gold, silver, and diamonds in commodity markets.