This is the fifth
consecutive year we have increased our dividend rate.
Robert C. Loudermilk, Jr., President and Chief Executive
Officer, Aaron's
Aaron's (NYSE:AAN), the nation's second largest rent-to-own
operator, announced that its quarterly dividend rate
has been raised to $.018 per share. The Board of Directors of
Aaron's, Inc. declared a quarterly cash dividend of $.018 per
share on Common Stock and $.018 per share on Class A Common
Stock, payable January 4, 2010 to shareholders of record as of
the close of business on December 1, 2009. This is an increase
of 5.9% from the previous quarterly dividend of $.017 per share
on both classes of stock.
"This is the fifth consecutive year we
have increased our dividend rate," said
Robert C. Loudermilk, Jr., President and
Chief Executive Officer.
Aaron's operates approximately
1,665 Company-operated and franchised stores in 48 states and
Canada.
