Cash America (CSH) Declares $0.08 Quarterly Dividend; 0.8% Yield

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Cash America Announces Increase in First Quarter Earnings and Declares Dividend

April 28, 2016 6:02 AM EDT

FORT WORTH, Texas--(BUSINESS WIRE)-- Cash America International, Inc. (NYSE: CSH), a leading provider of pawn lending and related services in the United States, announced today that net income and net income per share for the first quarter of 2016 increased 36% and 56%, respectively, to $10,633,000 (42 cents per share) compared to net income of $7,845,000 (27 cents per share) for the first quarter of 2015. The prior year first quarter included reorganization expenses and a gain on disposition of equity securities, which in aggregate would increase prior year earnings when added back, to create adjusted net income, a non-GAAP measure, of... More