Aaron's, Inc. (NYSE:AAN) will begin trading ex-dividend on September 16, 2020. The quarterly dividend payment of $ 0.04 per share is scheduled to be paid on October 6, 2020. The dividend yield based on the latest trading day closing price was 0.28 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
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Aaron's, Inc. recently reported second quarter financial results on July 29, 2020, before market open, omnichannel provider of lease-purchase solutions communicated income for the second quarter of $ 1.18 per share, from the revenue of $ 1,030.00 million. The quarterly earnings enlarged 26.88 percent compared with the same quarter last year. The consensus estimates are income of $ 0.78 per share from $ 973.20 million in revenue. The bottom line results beat street analysts by $ 0.4 or 51.28 percent, at the same time, top line results outshined analysts by $ 56.80 million or 5.84 percent.
Shares of Aaron's, Inc. traded up $ 0.04 or 0.07 percent on Monday, reaching $ 58.18 with volume of 452.50 thousand shares. Aaron's, Inc. has traded high as $ 59.04 and has cracked $ 57.85 on the downward trend
The closing price of $ 58.18, representing a 346.89 % increase from the 52 week low of $ 13.01 and a 26.08 % decrease over the 52 week high of $ 78.65.
The company has a market capital of $ 3.91 billion and is part of the Services sector and Rental & Leasing Services industry.
Aarons, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates in three segments: Progressive Leasing, Aarons Business, and DAMI.