Upbound Group, Inc. (NASDAQ:UPBD) Plans Quarterly Dividend of $0.39

Upbound Group, Inc. (NASDAQ:UPBD) announced a quarterly dividend on Thursday, September 24th. Shareholders of record on Tuesday, October 6th will be given a dividend of $0.39 per share on Tuesday, October 27th. This represents a $1.56 annualized dividend and a yield of 9.8%. The ex-dividend date of this dividend is Tuesday, October 6th.

Upbound Group has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 5 years. Upbound Group has a dividend payout ratio of 30.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Upbound Group to earn $4.58 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 34.1%.

Upbound Group Stock Down 0.8%

Shares of UPBD stock traded down $0.12 during midday trading on Thursday, reaching $15.87. 1,378,786 shares of the stock were exchanged, compared to its average volume of 886,326. Upbound Group has a 1 year low of $15.76 and a 1 year high of $24.76. The company’s 50 day moving average is $19.33 and its two-hundred day moving average is $18.99. The company has a current ratio of 3.22, a quick ratio of 0.97 and a debt-to-equity ratio of 1.94. The firm has a market cap of $925.21 million, a PE ratio of 10.31 and a beta of 1.77.

Upbound Group (NASDAQ:UPBD) last announced its earnings results on Thursday, July 30th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.02. The firm had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.16 billion. Upbound Group had a return on equity of 34.53% and a net margin of 1.90%.The business’s revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.12 EPS. Upbound Group has set its FY 2026 guidance at 4.000-4.350 EPS and its Q3 2026 guidance at 0.850-0.950 EPS. On average, equities research analysts predict that Upbound Group will post 4.15 EPS for the current year.

Upbound Group Company Profile

Upbound Group, Inc is a consumer leasing and retail services company headquartered in Plano, Texas. The company operates through two primary brands: Rent-A-Center, a lease-to-own provider, and Acima, a technology-enabled point-of-sale leasing platform. Its services are designed to give consumers access to household and consumer products through flexible leasing arrangements, including options that may not require traditional credit.

Rent-A-Center offers furniture, appliances, electronics, computers, smartphones and other durable goods through company-operated and franchised stores, as well as digital channels.