First Cash Financial Services (FCFS) Declares $0.125 Quarterly Dividend; 1% Yield

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Go back to First Cash Financial Services (FCFS) Declares $0.125 Quarterly Dividend; 1% Yield

First Cash Reports First Quarter Adjusted Earnings of $0.48 per Share; Increases Earnings Guidance for 2016; and Declares Quarterly Dividend of $0.125

April 28, 2016 6:18 AM EDT

Separately Announces Merger with Cash America International

Conference Call Scheduled for 8:00 a.m. ET Today

ARLINGTON, Texas--(BUSINESS WIRE)-- First Cash Financial Services, Inc. (NASDAQ: FCFS), a leading international operator of retail pawn stores in the U.S. and Latin America, today announced revenue, net income and earnings per share for the three month period ended March 31, 2016.

Mr. Rick Wessel, chief executive officer, stated, Our first quarter earnings results exceeded our expectations driven by accelerating growth in pawn revenues and receivables coupled with the... More

First Cash Financial Services and Cash America International to Combine in Merger of Equals to Create Leading Operator of Retail Pawn Stores in the United States and Latin America

April 28, 2016 6:00 AM EDT

Combined Company to Have Experienced Management Team and a Strong Platform for Growth and Value Creation

Financial Strength to Enhance Ability to Expand in Growing Latin American Market and to Support Capital Returns to Shareholders

Combined Company Expected to Pay Annual Cash Dividend of $0.76 Per Share

Transaction Expected to Be Significantly Accretive to Free Cash Flow and Earnings Per Share

Increased Scale Expected to Result in $50 Million in Annual Run-Rate Synergies

First Cash and Cash America... More