Regional Management Announces Quarterly Dividend
Regional Management (RM) has declared a quarterly dividend of $0.30 per share, consistent with its previous payout. The forward yield is currently at 2.83%. Shareholders will receive the payment on September 16 for those registered as of August 19, with an ex-dividend date also set for August 19. The announcement comes amid a backdrop of strong performance indicators from Regional Management. In its recent earnings report, GAAP EPS reached $0.85, surpassing expectations by $0.04. However, revenue came in at $168 million, slightly below forecasts due to an underperformance of $3.37 million. The company has also projected full-year EPS growth between 10% and 13%, supported by a target portfolio expansion rate of 5% to 7%. These projections suggest continued confidence in the firm's operational strategy.
Tickers: $RM