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

Upbound Group, Inc. (NASDAQ:UPBD) declared a quarterly dividend on Wednesday, June 3rd. Investors of record on Tuesday, June 16th will be paid a dividend of 0.39 per share on Tuesday, July 7th. This represents a c) annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend is Tuesday, June 16th.

Upbound Group has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Upbound Group has a payout ratio of 30.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Upbound Group to earn $4.85 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 32.2%.

Upbound Group Price Performance

Shares of NASDAQ UPBD opened at $17.89 on Thursday. Upbound Group has a twelve month low of $15.82 and a twelve month high of $28.02. The firm has a fifty day simple moving average of $18.48 and a 200 day simple moving average of $18.77. The company has a market capitalization of $1.04 billion, a PE ratio of 12.51 and a beta of 1.80. The company has a quick ratio of 0.88, a current ratio of 3.06 and a debt-to-equity ratio of 2.01.

Upbound Group (NASDAQ:UPBD) last announced its earnings results on Thursday, April 30th. The company reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.02. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Upbound Group had a net margin of 1.78% and a return on equity of 35.56%. Upbound Group’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.00 earnings per share. Upbound Group has set its Q2 2026 guidance at 1.000-1.100 EPS and its FY 2026 guidance at 4.000-4.350 EPS. On average, sell-side analysts forecast that Upbound Group will post 4.15 EPS for the current year.

Upbound Group Company Profile

Upbound Group, Inc leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories.