First Cash Financial Services (FCFS) Declares $0.27 Quarterly Dividend, 1.3% Yield; Announces New Share Buyback Plan Up to $100M

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FirstCash Reports Record Fourth Quarter and Full-Year Earnings Results; Declares Quarterly Dividend and Announces New Share Buyback Plan; Issues 2020 Earnings Outlook

January 29, 2020 6:00 AM EST

FORT WORTH, Texas, Jan. 29, 2020 (GLOBE NEWSWIRE) -- FirstCash, Inc. (the Company) (Nasdaq: FCFS), the leading international operator of over 2,600 retail pawn stores in the U.S. and Latin America, today announced operating results for the fourth quarter and full-year ended December 31, 2019. In addition, the Board of Directors declared a $0.27 per share quarterly cash dividend to be paid in February 2020 and announced a new $100 million share repurchase authorization. The Company also initiated earnings guidance for 2020.

Mr. Rick Wessel, chief executive officer, stated, FirstCash completed another successful year, posting record fourth quarter... More