Aaron's Hikes Dividend By 12.5%

• Aaron’s Company Inc (NYSE:AAN) Board of Directors has raised its quarterly cash dividend to $0.1125 per share from $0.10 per share the previous quarter.
• The move represents a 12.5% increase in the company’s quarterly dividend.
• The dividend is payable on April 5, 2022, to shareholders of record as of the close of business on March 17, 2022.
• Aaron held $14.85 million in cash and equivalents as of September 30, 2021.
• The company is expected to release its Q4 FY21 financial results on February 23.
• Price Action: AAN shares closed lower by 0.66% at $21.02 on Friday.