PROG Holdings, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates in two segments, Progressive Leasing and Vive. The Progressive Leasing segment offers lease-purchase solutions to customers for various merchandize in the furniture, appliances, electronics, jewelry, mobile phones and accessories, mattresses, and automobile electronics and accessories markets through point-of-sale and e-commerce retail partners, as well in-store, mobile, and online solutions. The Vive segment provides second-look and revolving credit products to customers that may not qualify for traditional prime lending through private label and Vive-branded credit cards. It offers lease-purchase solutions through approximately 24,000 third-party point-of-sale partner locations and e-commerce websites in 49 states and the District of Columbia. The company was formerly known as Aaron's Holdings Company, Inc. and changed its name to PROG Holdings, Inc. in December 2020. PROG Holdings, Inc. was founded in 1955 and is based in Draper, Utah.
PROG Dividend Announcement
• PROG announced a quarterly dividend of $0.12 per ordinary share which will be made payable on 2024-12-03. Ex dividend date: 2024-11-19
• PROG annual dividend for 2024 was $0.48
• PROG's trailing twelve-month (TTM) dividend yield is 1.02%
• PROG's payout ratio for the trailing twelve months (TTM) is 9.74%
PROG Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-19 | $0.12 | quarterly | 2024-12-03 |
2024-08-20 | $0.12 | quarterly | 2024-09-03 |
2024-05-24 | $0.12 | quarterly | 2024-06-11 |
2024-03-13 | $0.12 | quarterly | 2024-03-28 |
2020-11-13 | $0.04 | quarterly | 2020-11-20 |
2020-09-16 | $0.03 | quarterly | 2020-10-06 |
2020-06-17 | $0.04 | quarterly | 2020-07-07 |
2020-03-19 | $0.03 | quarterly | 2020-04-07 |
2019-12-18 | $0.03 | quarterly | 2020-01-06 |
2019-09-18 | $0.03 | quarterly | 2019-10-04 |
2019-06-17 | $0.03 | quarterly | 2019-07-08 |
2019-03-18 | $0.03 | quarterly | 2019-04-05 |
2018-12-19 | $0.03 | quarterly | 2019-01-07 |
2018-09-19 | $0.03 | quarterly | 2018-10-05 |
2018-06-18 | $0.03 | quarterly | 2018-07-06 |
2018-03-22 | $0.03 | quarterly | 2018-04-02 |
2017-12-12 | $0.03 | quarterly | 2018-01-02 |
2017-09-14 | $0.02 | quarterly | 2017-10-02 |
2017-06-23 | $0.02 | quarterly | 2017-07-03 |
2017-03-13 | $0.02 | quarterly | 2017-04-03 |
2016-12-08 | $0.02 | quarterly | 2017-01-03 |
2016-08-31 | $0.02 | quarterly | 2016-10-03 |
2016-06-01 | $0.02 | quarterly | 2016-07-01 |
2016-03-11 | $0.02 | quarterly | 2016-04-01 |
2015-11-27 | $0.02 | quarterly | 2016-01-04 |
2015-09-01 | $0.02 | quarterly | 2015-10-01 |
2015-06-02 | $0.02 | quarterly | 2015-07-02 |
2015-03-06 | $0.02 | quarterly | 2015-04-01 |
2014-11-26 | $0.02 | quarterly | 2015-01-02 |
2014-08-29 | $0.02 | quarterly | 2014-10-01 |
2014-06-03 | $0.02 | quarterly | 2014-07-03 |
2014-02-28 | $0.00 | quarterly | 2014-04-01 |
2013-11-27 | $0.00 | quarterly | 2014-01-03 |
2013-08-29 | $0.00 | quarterly | 2013-10-01 |
2013-06-04 | $0.00 | quarterly | 2013-07-05 |
2013-03-01 | $0.00 | quarterly | 2013-04-02 |
2012-11-29 | $0.00 | quarterly | 2012-12-31 |
2012-08-30 | $0.00 | quarterly | 2012-10-02 |
2012-06-04 | $0.00 | quarterly | 2012-07-05 |
2012-03-01 | $0.00 | quarterly | 2012-04-02 |
2011-11-29 | $0.00 | quarterly | 2012-01-04 |
2011-08-31 | $0.00 | quarterly | 2011-10-03 |
2011-06-02 | $0.00 | quarterly | 2011-07-05 |
2011-03-02 | $0.00 | quarterly | 2011-04-01 |
2010-11-29 | $0.00 | quarterly | 2011-01-04 |
2010-08-30 | $0.00 | quarterly | 2010-10-01 |
2010-06-02 | $0.00 | quarterly | 2010-07-05 |
2010-03-03 | $0.00 | quarterly | 2010-04-01 |
PROG Dividend per year
PROG Dividend growth
PROG Dividend Yield
PROG current trailing twelve-month (TTM) dividend yield is 1.02%. Interested in purchasing PROG stock? Use our calculator to estimate your expected dividend yield:
PROG Financial Ratios
PROG Dividend FAQ
Other factors to consider when evaluating PROG as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy PROG stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: PROG's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, PROG publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, PROG distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from PROG are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: PROG sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, PROG distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PROG declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of PROG's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review PROG's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.