RCII - Rent-A-Center raises dividend by ~10% approves new $500M buyback program

Rent-A-Center (NASDAQ:RCII) declares $0.34/share quarterly dividend, 9.7% increase from prior dividend of $0.31. Forward yield 3.04% Payable Jan. 13; for shareholders of record Dec. 16; ex-div Dec. 15. The company approved a new share repurchase authorization of up to $500M of the company’s common stock, following the recent completion of the $250M share repurchase authorization the company announced in August 2021 See RCII Dividend Scorecard, Yield Chart, & Dividend Growth.

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Rent-A-Center raises dividend by ~10%, approves new $500M buyback program