Rent-A-Center Inc. (NASDAQ:RCII) To Go Ex-Dividend On July 9, 2020

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Rent-A-Center Inc. (NASDAQ:RCII) will begin trading ex-dividend on July 9, 2020. The 3Q20 dividend payment of $ 0.29 per share is scheduled to be paid on July 28, 2020. Shareholders who purchased RCII prior to the ex-dividend date are eligible for the cash dividend payment.

Dividends History
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Recent Earnings Announcement

Rent-A-Center Inc. communicated income for the first quarter of $ 0.67 per share, from the revenue of $ 701.94 million. The quarterly earnings surged 13.56 percent while revenues boosted 2.68 percent compared with the same quarter last year.
Street analysts expected Rent-A-Center Inc. to report income of $ 0.58 per share on revenue of $ 702.82 million for the first quarter. The bottom line results beat street analysts by $ 0.09 or 15.52 percent, at the same time, top line results fell short of analysts by $ 0.88 million or 0.13 percent.

Stock Performance

According to the previous trading day, closing price of RCII was $ 26.91, representing a 130.20 % increase from the 52 week low of $ 11.69 and a 13.58 % decrease over the 52 week high of $ 31.14.

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The company has a market capital of $ 1.45 billion and is part of the Industrials sector and Rental & Leasing Services industry.

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.