Rent-A-Center Inc. (NASDAQ:RCII) declared 3Q20 dividend of $ 0.29 per share, or $ 1.16 annualized.
The dividend will be payable on July 28, 2020, to stockholders of record on July 10, 2020, with an ex-dividend date of July 9, 2020.
Mitch Fadel, Chief Executive Officer, said, We are pleased to have been able to fully repay our revolver while maintaining our strategy to return cash to shareholders. We will continue to stay laser focused on adapting, innovating and executing.
Stock Performance
According to the previous trading day, closing price of RCII was $ 26.01, representing a 122.50 % increase from the 52 week low of $ 11.69 and a 16.47 % decrease over the 52 week high of $ 31.14.
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The company has a market capital of $ 1.42 billion and is part of the Industrials sector and Rental & Leasing Services industry.
Dividends History
wpDataTable with provided ID not found!Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a rent-to-own basis. The company operates through four segments: Core U.S., Acceptance Now, Mexico, and Franchising. It offers durable products, such as consumer electronics; appliances; computers, including tablets; smartphones; wheels and tires; and furniture, including accessories under rental purchase agreements.
