Aaron’s Holdings Company, Inc. (NYSE:PRG) to Issue Quarterly Dividend of $0.14

Aaron’s Holdings Company, Inc. (NYSE:PRG) announced a quarterly dividend on Wednesday, February 25th. Investors of record on Thursday, March 12th will be given a dividend of 0.14 per share on Tuesday, March 24th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Thursday, March 12th. This is a 7.7% increase from Aaron’s’s previous quarterly dividend of $0.13.

Aaron’s has decreased its dividend by an average of 0.4%per year over the last three years and has raised its dividend annually for the last 2 consecutive years. Aaron’s has a payout ratio of 14.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Aaron’s to earn $4.13 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 12.6%.

Aaron’s Stock Up 0.3%

PRG traded up $0.10 during trading on Thursday, hitting $37.20. The company had a trading volume of 67,176 shares, compared to its average volume of 468,052. The company has a market cap of $1.47 billion, a PE ratio of 10.33 and a beta of 1.73. The company has a debt-to-equity ratio of 0.80, a current ratio of 4.71 and a quick ratio of 2.32. Aaron’s has a 1-year low of $23.50 and a 1-year high of $41.14. The business has a 50-day moving average of $32.74 and a 200-day moving average of $32.02.

Aaron’s (NYSE:PRG) last issued its quarterly earnings data on Wednesday, February 18th. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.14. Aaron’s had a net margin of 5.97% and a return on equity of 20.99%. The business had revenue of $525.36 million for the quarter, compared to analysts’ expectations of $581.82 million. During the same period in the previous year, the business earned $0.80 earnings per share. The company’s revenue was down 5.2% on a year-over-year basis. Aaron’s has set its Q1 2026 guidance at 0.700-0.900 EPS and its FY 2026 guidance at 4.000-4.450 EPS. As a group, analysts forecast that Aaron’s will post 3.45 earnings per share for the current year.

About Aaron’s

PROG Holdings, Inc (NYSE: PRG), formerly known as Aaron’s, is a North American provider of lease-to-own and consumer finance solutions. The company operates through two primary segments: Aaron’s Business Solutions and Progressive Financial Services. Through Aaron’s Business Solutions, PROG offers customers access to furniture, electronics, home appliances and technology products via lease ownership arrangements, serving both individual consumers and small businesses.

The Progressive Financial Services segment provides lease-purchase and retail point-of-sale financing programs to customers with limited credit histories.