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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 dateDividend amountDividend typePay date
2024-11-19$0.12quarterly2024-12-03
2024-08-20$0.12quarterly2024-09-03
2024-05-24$0.12quarterly2024-06-11
2024-03-13$0.12quarterly2024-03-28
2020-11-13$0.04quarterly2020-11-20
2020-09-16$0.03quarterly2020-10-06
2020-06-17$0.04quarterly2020-07-07
2020-03-19$0.03quarterly2020-04-07
2019-12-18$0.03quarterly2020-01-06
2019-09-18$0.03quarterly2019-10-04
2019-06-17$0.03quarterly2019-07-08
2019-03-18$0.03quarterly2019-04-05
2018-12-19$0.03quarterly2019-01-07
2018-09-19$0.03quarterly2018-10-05
2018-06-18$0.03quarterly2018-07-06
2018-03-22$0.03quarterly2018-04-02
2017-12-12$0.03quarterly2018-01-02
2017-09-14$0.02quarterly2017-10-02
2017-06-23$0.02quarterly2017-07-03
2017-03-13$0.02quarterly2017-04-03
2016-12-08$0.02quarterly2017-01-03
2016-08-31$0.02quarterly2016-10-03
2016-06-01$0.02quarterly2016-07-01
2016-03-11$0.02quarterly2016-04-01
2015-11-27$0.02quarterly2016-01-04
2015-09-01$0.02quarterly2015-10-01
2015-06-02$0.02quarterly2015-07-02
2015-03-06$0.02quarterly2015-04-01
2014-11-26$0.02quarterly2015-01-02
2014-08-29$0.02quarterly2014-10-01
2014-06-03$0.02quarterly2014-07-03
2014-02-28$0.00quarterly2014-04-01
2013-11-27$0.00quarterly2014-01-03
2013-08-29$0.00quarterly2013-10-01
2013-06-04$0.00quarterly2013-07-05
2013-03-01$0.00quarterly2013-04-02
2012-11-29$0.00quarterly2012-12-31
2012-08-30$0.00quarterly2012-10-02
2012-06-04$0.00quarterly2012-07-05
2012-03-01$0.00quarterly2012-04-02
2011-11-29$0.00quarterly2012-01-04
2011-08-31$0.00quarterly2011-10-03
2011-06-02$0.00quarterly2011-07-05
2011-03-02$0.00quarterly2011-04-01
2010-11-29$0.00quarterly2011-01-04
2010-08-30$0.00quarterly2010-10-01
2010-06-02$0.00quarterly2010-07-05
2010-03-03$0.00quarterly2010-04-01

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

P/E ratio12.52
PEG ratio0.13
P/B ratio3.14
ROE26.50%
Payout ratio9.74%
Current ratio10.85
Quick ratio5.02
Cash Ratio2.33

PROG Dividend FAQ

How much is the next PROG dividend?
PROG's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next PROG dividend. The next PROG dividend will be released in .
When is PROG dividend paid?
PROG pays dividends on a quarterly basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does PROG pay?
The specific amount of PROG dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find PROG's dividend history.
Does PROG stock pay dividends?
Yes, PROG does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find PROG's dividend history.
How much dividend does PROG pay?
PROG paid $0.48 in 2024, $0.0 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.146 in 2020.
How often does PROG pay dividends?
PROG typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around .
What is PROG's dividend yield?
The current dividend yield for PROG is 1.02%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate PROG's exact dividend yield.
When does PROG go ex dividend?
PROG's ex-dividend date for the latest dividend was on 2024-11-19. PROG typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next PROG dividend paid?
PROG pays dividends on a quarterly basis, typically around , but the exact dates can vary each year.
Will PROG increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether PROG will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is PROG dividend per share?
PROG paid $0.48 per share in 2024 and $0.0 per share in 2023. The amount of dividend per share that PROG pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is PROG a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is PROG a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is PROG a dividend stock?
Yes, PROG is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is PROG a good dividend stock?
Whether PROG is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. PROG has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does PROG pay dividends monthly?
PROG typically pays dividends on a quarterly basis.
Does PROG pay dividends quarterly?
PROG currently pays dividends on a quarterly basis.
Has PROG ever paid a dividend?
Yes, PROG has a history of paying dividends to its shareholders. PROG is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy PROG dividend stocks?
To buy PROG you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

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.
When does PROG pay dividends 2024?
PROG pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-03. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will PROG increase its dividend in 2024?
Decisions regarding PROG dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date PROG dividend overview you can look into the above table of dividend history.
How PROG dividend works?
The PROG dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how PROG's dividend process works:

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.
How are PROG dividends paid?
PROG dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does PROG pay dividends?
PROG typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does PROG pay dividends?
The general pattern is that PROG pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is PROG dividend safe?
The safety of PROG's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.