Upbound Group, Inc. Increases Quarterly Cash Dividend for the First Quarter of 2024, Payable on January 9, 2024
December 06, 2023 at 07:00 am EST
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Upbound Group, Inc. 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.
Upbound Group, Inc. is a lease-to-own provider with operations in the United States, Puerto Rico, and Mexico. The Company operates through four segments: Acima, Rent-A-Center, Mexico, and Franchising. Acima segment generally offers lease-to-own transactions to consumers who do not qualify for traditional financing. Rent-A-Center Business segment consists of the Company-owned lease-to-own stores in the United States and Puerto Rico. The segment operates 1,839 company owned stores in the United States and Puerto Rico, including 52 retail installment sales stores under the names Get It Now and Home Choice. The segment operates approximately 131 stores in Mexico. The stores in its Franchising segment use its Rent-A-Center, ColorTyme or RimTyme trade names, service marks, trademarks, and logos. The segment franchises approximately 440 stores in 30 states operating under the Rent-A-Center (392 stores), ColorTyme (18 stores) and RimTyme (37 stores) trade names.
UPBOUND GROUP, INC. 
