PROG Holdings, Inc Plans Quarterly Dividend of $0.14 (NYSE:PRG)

Posted by on Aug 6th, 2026

PROG Holdings, Inc (NYSE:PRG – Get Free Report) announced a quarterly dividend on Wednesday, August 5th. Stockholders of record on Tuesday, August 18th will be given a dividend of 0.14 per share by the fintech holding company on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, August 18th.

PROG has decreased its dividend payment by an average of 0.4%per year over the last three years and has increased its dividend every year for the last 2 years. PROG has a payout ratio of 15.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect PROG to earn $5.52 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 10.1%.

PROG Stock Performance

PRG opened at $45.79 on Thursday. PROG has a 1 year low of $25.80 and a 1 year high of $47.73. The stock has a market cap of $1.83 billion, a PE ratio of 12.65 and a beta of 1.79. The company has a current ratio of 4.03, a quick ratio of 2.29 and a debt-to-equity ratio of 1.10. The stock’s 50 day simple moving average is $41.81 and its 200-day simple moving average is $35.77.

PROG (NYSE:PRG – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The fintech holding company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.24. The firm had revenue of $719.72 million during the quarter, compared to analyst estimates of $713.50 million. PROG had a net margin of 5.57% and a return on equity of 21.88%. PROG has set its Q3 2026 guidance at 1.000-1.200 EPS and its FY 2026 guidance at 4.750-5.000 EPS. Sell-side analysts forecast that PROG will post 4.95 EPS for the current year.

Hedge Funds Weigh In On PROG

Large investors have recently bought and sold shares of the company. Quarry LP boosted its holdings in PROG by 82.8% during the fourth quarter. Quarry LP now owns 1,117 shares of the fintech holding company’s stock worth $33,000 after purchasing an additional 506 shares during the last quarter. Global Assets Advisory LLC acquired a new stake in PROG in the 1st quarter valued at about $38,000. Federation des caisses Desjardins du Quebec bought a new position in shares of PROG during the 4th quarter worth approximately $44,000. WealthCollab LLC boosted its position in PROG by 61.9% during the second quarter. WealthCollab LLC now owns 2,092 shares of the fintech holding company’s stock worth $61,000 after purchasing an additional 800 shares during the period. Finally, Strs Ohio bought a new stake in shares of PROG during the 1st quarter worth about $129,000. Institutional investors and hedge funds own 97.92% of the company’s stock.

PROG Company Profile

(Get Free Report)

PROG Holdings, Inc, formerly known as Aaron’s, is a North American provider of lease-to-own and consumer finance solutions. The company operates through two primary segments: Aaron’s Business Solutions and Progressive Financial Services. Through Aaron’s Business Solutions, PROG offers customers access to furniture, electronics, home appliances and technology products via lease ownership arrangements, serving both individual consumers and small businesses.

The Progressive Financial Services segment provides lease-purchase and retail point-of-sale financing programs to customers with limited credit histories.

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Dividend History for PROG (NYSE:PRG)

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