Aaron's last quarterly cash dividend of $0.125 per share was issued to shareholders on record before Mar 13, 2024. The dividend payment stands at $0.5 per share annually, which equates to a dividend yield of 7.05%.
Aaron's dividend yield of 7.05% is higher than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 2.41%, Aaron's dividend yield is 193% higher.
Aaron's has been paying dividends for the last four years. According to our records AAN has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 8% for the last twelve months. And with the stock price down by 33% from a year ago, the dividend yield has increased by 62%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 13, 2024 | Apr 3, 2024 | Feb 26, 2024 | $0.125 | normal |
| Dec 13, 2023 | Jan 4, 2024 | Nov 8, 2023 | $0.125 | normal |
| Sep 13, 2023 | Oct 4, 2023 | Aug 16, 2023 | $0.125 | normal |
| Jun 14, 2023 | Jul 6, 2023 | May 3, 2023 | $0.125 | normal |
| Mar 15, 2023 | Apr 4, 2023 | Mar 1, 2023 | $0.125 | normal |
| Dec 14, 2022 | Jan 5, 2023 | Nov 9, 2022 | $0.113 | normal |
| Sep 14, 2022 | Oct 4, 2022 | Aug 10, 2022 | $0.113 | normal |
| Jun 15, 2022 | Jul 5, 2022 | May 4, 2022 | $0.113 | normal |
| Mar 16, 2022 | Apr 5, 2022 | Feb 21, 2022 | $0.113 | normal |
| Dec 15, 2021 | Jan 4, 2022 | Nov 3, 2021 | $0.1 | normal |
| Sep 15, 2021 | Oct 5, 2021 | Aug 4, 2021 | $0.1 | normal |
| Jun 16, 2021 | Jul 6, 2021 | May 5, 2021 | $0.1 | normal |
| Mar 17, 2021 | Apr 6, 2021 | Mar 3, 2021 | $0.1 | normal |
Aaron's payout ratio of 555.6% is above the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 34%, Aaron's payout ratio is 1,534% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AAN Aaron's Company Inc | 7.05% | $0.5 | 555.6% |
| BBY Best Buy Co Inc | 4.85% | $3.7 | 64.9% |
| WSM Williams Sonoma Inc | 1.28% | $3.6 | 24.5% |
Yes, Aaron's has been paying dividends for the last four years.
AAN hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in June 2024.
Aaron's last regular dividend was on Mar 13, 2024 (ex-date) with the amount of $0.125 per share.
AAN's annualized dividend per share is $0.5.
Aaron's current dividend yield is 7.05%.
Aaron's pays four dividends per year.
Aaron's dividend payout ratio is 555.6%.
Aaron's dividend yield is higher than the Consumer Cyclical sector average.