First Cash Financial Services (FCFS) Declares $0.25 Quarterly Dividend; 1.2% Yield

First Cash Financial Services (NASDAQ: FCFS) declared a quarterly dividend of $0.25 per share, or $1 annualized.

The dividend will be payable on February 28, 2019, to stockholders of record on February 14, 2019, with an ex-dividend date of February 13, 2019.

The annual yield on the dividend is 1.2 percent.

Mr. Rick Wessel, chief executive officer, stated, “Fiscal 2018 was another outstanding year for FirstCash, marked by continued growth in operating margins, net income and store counts. The fourth quarter results produced strong profitability and growth metrics in both the U.S. and Latin America, highlighted by increasing year-over-year pawn fees and retail margins in the U.S. and sequential improvement in same-store loan growth and retail margins in Latin America. In addition, the Company added 445 new locations in 2018 through acquisitions and new store openings, which resulted in an increase of more than 20% in the number of pawn locations. Our fourth quarter momentum and the significant increase in store count should position us for further revenue and earnings expansion from core pawn operations in 2019.”

For a dividend history and other dividend-related data on First Cash Financial Services (FCFS) click here.

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