Upbound Group, Inc. (NASDAQ:UPBD) Shareholders to Receive $0.39 Quarterly Dividend

Upbound Group, Inc. (NASDAQ:UPBD – Get Free Report) announced a quarterly dividend on Wednesday, September 23rd. Investors of record on Tuesday, October 6th will be paid a dividend of $0.39 per share on Tuesday, October 27th. This represents a $1.56 dividend on an annualized basis and a yield of 9.8%. The ex-dividend date is Tuesday, October 6th.

Upbound Group has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 5 years. Upbound Group has a payout ratio of 30.4% meaning its dividend is sufficiently covered by earnings. 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 Price Performance

UPBD opened at $15.87 on Friday. The firm has a market capitalization of $925.22 million, a PE ratio of 10.31 and a beta of 1.77. The company has a debt-to-equity ratio of 1.94, a current ratio of 3.22 and a quick ratio of 0.97. The business’s 50-day moving average is $19.19 and its two-hundred day moving average is $18.97. Upbound Group has a 1 year low of $15.76 and a 1 year high of $24.76.

Upbound Group (NASDAQ:UPBD – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.05 by $0.02. Upbound Group had a net margin of 1.90% and a return on equity of 34.53%. The business had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same period in the prior year, the firm posted $1.12 earnings per share. The company’s quarterly revenue was up .5% on a year-over-year basis. 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. Research analysts anticipate that Upbound Group will post 4.15 earnings per share for the current fiscal year.

About Upbound Group

(Get Free Report)

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.

Further Reading

Dividend History for Upbound Group (NASDAQ:UPBD)

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