PROG Holdings Announces Quarterly Dividend and Provides 2026 Financial Guidance
PROG Holdings (PRG) has declared a quarterly dividend of $0.14 per share, maintaining its previous payout level. The dividend carries a forward yield of 1.44%, with an ex-dividend date set for November 17 and payment scheduled for December 1. In addition to the dividend announcement, the company provided long-term financial outlooks, projecting 2026 revenue between $3.015 billion and $3.05 billion with non-GAAP EPS expected in the range of $4.70 to $4.85. The company also plans a $100 million Accelerated Share Repurchase (ASR) program. Despite these forward projections, recent quarterly performance showed some headwinds, as the company reported a non-GAAP EPS of $1.06 and revenue of $725.8 million, both of which slightly missed analyst expectations.
Tickers: $PRG
Topics: dividend declaration earnings miss revenue miss stock buyback