From Home Furnishing Business
Aaron’s Directors Approve 10% Dividend Increase
Directors of Aaron’s Inc. (NYSE: AAN) have boosted the quarterly dividend to 30 cents per share, a 10% increase over the previous dividend of 27.5 cents per share.
The company said it marked the 12th straight year that directors have approved a dividend increase.
The new dividend is payable Jan. 2 to stockholders of record Dec. 13.
Aaron’s operates about 1,750 company-owned and franchised rent-to-own stores, and its Progressive Leasing unit has about 27,000 retail locations in 46 states.