FirstCash (FCFS) Raises Quarterly Dividend 11.1% to $0.30; 1.8% Yield

FirstCash (NASDAQ: FCFS) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. This is an 11.1% increase from the prior dividend of $0.27.

The dividend will be payable on May 31, 2021, to stockholders of record on May 14, 2021, with an ex-dividend date of May 13, 2021.

The annual yield on the dividend is 1.8 percent.

“Our strategic growth initiatives resulted in 24 new first quarter stores in three Latin American countries and the acquisition of two U.S. stores in Texas. With robust first quarter cash flows, we were able to significantly reduce revolving debt and we believe that we are well positioned for continued investments in growth and shareholder returns, including the increased quarterly dividend.”

For a dividend history and other dividend-related data on FirstCash (FCFS) click here.

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