Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Rent-A-Center Keeps Dividend Steady

Rent-A-Center (NASDAQ: RCII  ) has announced plans to keep its dividend steady at $0.21 per share going into the fourth quarter.

The company has paid the same amount since January, after boosting its payout 31% from $0.16 per share of common stock. The rent-to-own operator has issued a consecutive quarterly dividend to investors since August 2010, and its payout amount has grown 250% since then.

The most recent dividend will be payable on Oct. 24 to shareholders of record as of Oct. 1. On an annualized basis, the company's dividend adds up to $0.84 per share. As of the market's close on Sept. 9, Rent-A-Center's stock price was $37.09, which means the company's dividend currently yields 2.3%.

RCII Dividend Chart

RCII Dividend data by YCharts.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2630293, ~/Articles/ArticleHandler.aspx, 9/29/2016 11:30:23 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 2 hours ago Sponsored by:
DOW 18,143.45 -195.79 -1.07%
S&P 500 2,151.13 -20.24 -0.93%
NASD 5,269.15 -49.39 -0.93%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/29/2016 4:00 PM
RCII $12.35 Down -0.07 -0.56%
Rent-A-Center CAPS Rating: ***