Aaron's (AAN) Boosts Qtr Dividend 5.9% to $0.018/Share, 0.3% Yield

November 4, 2009 8:56 AM EST

Aaron's, Inc. (NYSE: AAN) raised its quarterly dividend rate 5.9% to $.018 per share. The dividend is payable January 4, 2010 to shareholders of record as of the close of business on December 1, 2009. The ex-dividend date is November 27.

The dividend yield is 0.3%.

"This is the fifth consecutive year we have increased our dividend rate," said Robert C. Loudermilk, Jr., President and Chief Executive Officer. "This is a reflection of the Company's performance and we believe Aaron's will continue to grow in future periods with excellent financial returns for our shareholders."


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