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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.







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