Propel Holdings Inc. (PRL) to Issue Quarterly Dividend of $0.23 on March 4th

Propel Holdings Inc. (TSE:PRL) announced a quarterly dividend on Friday, February 20th, TickerTech Dividends reports. Shareholders of record on Wednesday, March 4th will be paid a dividend of 0.225 per share on Wednesday, March 4th. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Friday, February 20th. This is a 7.1% increase from Propel’s previous quarterly dividend of $0.21.

Propel Price Performance

Shares of TSE:PRL traded down $0.91 during trading hours on Wednesday, hitting $23.57. 89,796 shares of the company’s stock traded hands, compared to its average volume of 222,180. The business has a fifty day moving average price of $24.56 and a 200-day moving average price of $26.99. Propel has a 1 year low of $20.00 and a 1 year high of $39.15. The firm has a market capitalization of $927.57 million, a P/E ratio of 15.11 and a beta of 0.62.

Propel Company Profile

Propel Holdings Inc is a financial technology company committed to credit inclusion and helping underserved consumers by providing fair, fast, and transparent access to credit. It operates through its two brands: MoneyKey and CreditFresh. The company, through its MoneyKey brand, is a state-licensed direct lender and offers either Installment Loans or Lines of Credit to new customers in several US states. Through its CreditFresh brand, the company operates as a bank servicer that provides marketing, technology, and loan servicing services to unaffiliated, FDIC insured, state-chartered banks in the US (Bank Program).