Upbound Group, Inc., an omni-channel platform company, leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. The company operates in four segments: Rent-A-Center Business, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories. The company also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks located within retailer's locations. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and company-owned stores and e-commerce platform through rentacenter.com. The company was formerly known as Rent-A-Center, Inc. and changed its name to Upbound Group, Inc. in February 2023. Upbound Group, Inc. was founded in 1960 and is headquartered in Plano, Texas.
Upbound Dividend Announcement
• Upbound announced a quarterly dividend of $0.37 per ordinary share which will be made payable on 2024-10-22. Ex dividend date: 2024-10-01
• Upbound annual dividend for 2024 was $1.11
• Upbound annual dividend for 2023 was $1.39
• Upbound's trailing twelve-month (TTM) dividend yield is 6.15%
• Upbound's payout ratio for the trailing twelve months (TTM) is 99.34%
Upbound Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-01 | $0.37 | quarterly | 2024-10-22 |
2024-06-18 | $0.37 | quarterly | 2024-07-09 |
2024-04-02 | $0.37 | quarterly | 2024-04-22 |
2023-12-18 | $0.37 | quarterly | 2024-01-09 |
2023-10-02 | $0.34 | quarterly | 2023-10-24 |
2023-06-16 | $0.34 | quarterly | 2023-07-11 |
2023-04-04 | $0.34 | quarterly | 2023-04-24 |
2022-12-19 | $0.34 | quarterly | 2023-01-10 |
2022-10-03 | $0.34 | quarterly | 2022-10-25 |
2022-06-17 | $0.34 | quarterly | 2022-07-12 |
2022-04-04 | $0.34 | quarterly | 2022-04-22 |
2021-12-15 | $0.34 | quarterly | 2022-01-13 |
2021-09-27 | $0.31 | quarterly | 2021-10-19 |
2021-06-21 | $0.31 | quarterly | 2021-07-13 |
2021-04-05 | $0.31 | quarterly | 2021-04-22 |
2020-12-14 | $0.31 | quarterly | 2021-01-12 |
2020-10-06 | $0.29 | quarterly | 2020-10-26 |
2020-07-09 | $0.29 | quarterly | 2020-07-28 |
2020-05-15 | $0.29 | quarterly | 2020-06-01 |
2020-01-03 | $0.29 | quarterly | 2020-01-29 |
2019-09-20 | $0.25 | quarterly | 2019-10-09 |
2017-06-29 | $0.08 | quarterly | 2017-07-20 |
2017-03-30 | $0.08 | quarterly | 2017-04-20 |
2017-01-03 | $0.08 | quarterly | |
2016-09-29 | $0.08 | quarterly | |
2016-06-30 | $0.08 | quarterly | |
2016-03-31 | $0.08 | quarterly | |
2015-12-30 | $0.24 | quarterly | |
2015-09-29 | $0.24 | quarterly | |
2015-06-30 | $0.24 | quarterly | |
2015-03-31 | $0.24 | quarterly | |
2014-12-30 | $0.24 | quarterly | |
2014-09-30 | $0.23 | quarterly | |
2014-06-30 | $0.23 | quarterly | |
2014-04-01 | $0.23 | quarterly | |
2013-12-31 | $0.23 | quarterly | |
2013-09-27 | $0.21 | quarterly | |
2013-06-28 | $0.21 | quarterly | |
2013-04-02 | $0.21 | quarterly | |
2012-12-31 | $0.21 | quarterly | |
2012-09-27 | $0.16 | quarterly | |
2012-06-28 | $0.16 | quarterly | |
2012-04-02 | $0.16 | quarterly |
Upbound Dividend per year
Upbound Dividend growth
Upbound Dividend Yield
Upbound current trailing twelve-month (TTM) dividend yield is 6.15%. Interested in purchasing Upbound stock? Use our calculator to estimate your expected dividend yield:
Upbound Financial Ratios
Upbound Dividend FAQ
Other factors to consider when evaluating Upbound 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.
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1. Determination of Dividend: Upbound'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, Upbound 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, Upbound 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 Upbound 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: Upbound 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, Upbound distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Upbound 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 Upbound'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 Upbound'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.