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

Aaron’s Holdings Company, Inc. (NYSE:PRG) declared 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) dividend on an annualized basis and a dividend 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%annually over the last three years and has raised its dividend every year for the last 2 years. Aaron’s has a payout ratio of 14.2% indicating that its dividend is sufficiently covered by earnings. 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 Performance

Shares of Aaron’s stock traded up $0.10 during trading on Thursday, reaching $37.20. The company’s stock had a trading volume of 67,176 shares, compared to its average volume of 468,052. The business’s 50-day moving average price is $32.74 and its 200-day moving average price is $32.02. The firm has a market cap of $1.47 billion, a PE ratio of 10.33 and a beta of 1.73. The company has a quick ratio of 2.32, a current ratio of 4.71 and a debt-to-equity ratio of 0.80. Aaron’s has a 52 week low of $23.50 and a 52 week high of $41.14.

Aaron’s (NYSE:PRG) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.14. The business had revenue of $525.36 million during the quarter, compared to analysts’ expectations of $581.82 million. Aaron’s had a net margin of 5.97% and a return on equity of 20.99%. Aaron’s’s revenue was down 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.80 earnings per share. 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. Equities analysts forecast that Aaron’s will post 3.45 earnings per share for the current year.

Aaron’s Company Profile

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.