Aaron's, Inc. Directors Raise Dividend by 15.4%
Company Added
Company Removed
Apply to Request List

Aaron's, Inc. Directors Raise Dividend by 15.4%

ATLANTA, Nov. 1, 2011 /PRNewswire via COMTEX/ -- Aaron's, Inc. (NYSE: AAN), the nation's leader in the sales and lease ownership and specialty retailing of residential furniture, consumer electronics and home appliances and accessories, today announced that its quarterly dividend rate has been raised to $.015 per share.

The Board of Directors of Aaron's, Inc. declared a quarterly cash dividend of $.015 per share on Common Stock, payable January 4, 2012 to shareholders of record as of the close of business on December 1, 2011. This is an increase of 15.4% from the previous quarterly dividend of $.013 per share.

"This is our sixth consecutive year of increasing the dividend rate," said Robert C. Loudermilk, Jr., President and Chief Executive Officer. "This dividend increase is a result of Aaron's outstanding financial performance, and we continue to feel very positive about the Company's future."

Aaron's, Inc., based in Atlanta, currently has more than 1,904 Company-operated and franchised stores in 48 states and Canada. The Company also manufactures furniture and bedding at 13 facilities in eight states.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release regarding Aaron's, Inc.'s business that are not historical facts are "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those contained in the forward-looking statements. These risks and uncertainties include factors such as changes in general economic conditions, competition, pricing, customer demand and other issues, and the risks and uncertainties discussed under "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2010. Statements in this release that are "forward-looking" include without limitation Aaron's potential future growth and financial performance.

SOURCE Aaron's, Inc.

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Firehouse Subs
We are currently looking for hard-working, dedicated people to become Area Representatives in markets throughout the United States.
Miracle Leaf Health Centers
Are you interested in opening a franchise location of Miracle Leaf? Contact us today for more information!
Tin Drum Asiacafe
Tin Drum Asiacafé is a fast-casual restaurant inspired by the energy and atmosphere of the streets of Asia.
Happy's Pizza
Happy's Pizza is in the fast casual restaurant business and we never forget it!
ZIPS Dry Cleaners
ZIPS, since 1996, began as eight dry cleaners in the Baltimore-Washington, D.C., metro area and has grown to more than 40 stores. Find out more.
Share This Page

Subscribe to Our Newsletters

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2019.
All Rights Reserved.