Upbound Group, Inc. (UPBD) to Issue Quarterly Dividend of $0.39 on April 28th

Upbound Group, Inc. (NASDAQ:UPBD) announced a quarterly dividend on Wednesday, March 25th. Shareholders of record on Tuesday, April 7th will be paid a dividend of 0.39 per share on Tuesday, April 28th. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend is Tuesday, April 7th.

Upbound Group has increased its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 5 consecutive years. Upbound Group has a dividend payout ratio of 30.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Upbound Group to earn $4.98 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 31.3%.

Upbound Group Price Performance

UPBD opened at $17.53 on Friday. The company has a market capitalization of $1.02 billion, a PE ratio of 14.14 and a beta of 1.85. The firm has a 50-day simple moving average of $19.50 and a two-hundred day simple moving average of $19.76. The company has a quick ratio of 0.78, a current ratio of 2.92 and a debt-to-equity ratio of 2.26. Upbound Group has a 52 week low of $15.82 and a 52 week high of $28.02.

Upbound Group (NASDAQ:UPBD) last issued its earnings results on Thursday, February 19th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.04. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Upbound Group had a return on equity of 35.23% and a net margin of 1.56%.The business’s revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.05 earnings per share. Upbound Group has set its Q1 2026 guidance at 1.050-1.150 EPS and its FY 2026 guidance at 4.000-4.350 EPS. Analysts forecast that Upbound Group will post 4.28 earnings per share for the current fiscal year.

About Upbound Group

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.