PROG Holdings has announced a quarterly cash dividend of $0.130 per share with an ex-dividend date set for Aug 19, 2025. The announcement was made on Aug 7, 2025, with the dividend payout scheduled for Sep 4, 2025. This dividend amount is notably higher than the average of the last 10 dividends per share, which stands at approximately $0.028. The previous dividend was also $0.130 per share, declared on Jun 3, 2025, underscoring the company's consistent payout strategy.
Recently,
has caught the attention of industry analysts with several notable updates. Over the past week, the company has experienced significant fluctuations in its stock valuation, influenced by tariff anxieties and leadership changes, which led to a 4.05% intraday stock price decline. Analysts have highlighted that these shifts could impact the company's market performance and overall business strategy in the short term.
In addition, insiders at PROG Holdings have made substantial share sales, with the Co-Founder & Director Curtis Doman recently selling $3.9 million worth of shares. This insider activity has raised questions among investors about potential implications for the company's future performance and strategic direction.
Since the last update, PROG Holdings has also been assessed as potentially undervalued by value investors, holding a Zacks Rank #2 (Buy) and an impressive A for Value. The company's strong Q2 results, surpassing revenue expectations, have led to an increased price target from analysts, boosting confidence in its financial health and growth prospects.
In conclusion, investors should carefully consider these developments as they approach the ex-dividend date on Aug 19, 2025. This date marks the last opportunity for investors to purchase shares and qualify for the dividend; any acquisitions made after this date will not be eligible for the current dividend payout.
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