Upbound Group Inc. Dividends
The next dividend date for Upbound Group Inc. has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Upbound Group Inc. (UPBD)
More About Upbound Group Inc.
Upbound Group, Inc. leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels. It also provides furniture comprising mattresses, wheel and tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories. In addition, the company offers merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for traditional financing, the lease to-own transaction through staffed or unstaffed kiosks located in third-party retailer's locations, and other virtual options. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and company-owned stores and e-commerce platform through rentacenter.com. The company was formerly known as Rent-A-Center, Inc. and changed its name to Upbound Group, Inc. in February 2023. Upbound Group, Inc. was founded in 1960 and is based in Plano, Texas.
Owning Upbound Group Inc. Stock on the Dividend Date
If you own Upbound Group Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Upbound Group Inc. stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Upbound Group Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Upbound Group Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Upbound Group Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Upbound Group Inc. Dividends
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