Key Highlights

  • 39 cents per share is the quarterly Cash Dividend at Upbound Group, Inc. (NASDAQ:UPBD), declared June 3, 2026 for payment July 7, 2026, a calculated annualized dividend of USD 1.56 per share.
  • 37% is the calculated payout of the USD 1.56 annualized dividend against the USD 4.225 midpoint of narrowed 2026 non-GAAP diluted EPS guidance of USD 4.15 to USD 4.30.
  • 121 million USD of third quarter free cash flow, more than double the prior year, came from USD 163 million of operating cash flow, up 81%, with Debt reduced by more than USD 225 million since year-end 2025.
  • 14.7% Adjusted EBITDA Margin at Acima, up about 270 basis points, on USD 585 million of revenue, helped lift consolidated Adjusted EBITDA to USD 123 million and non-GAAP EPS to USD 1.01.

Dividend Profile: Yield, Payout and Distribution Record of Upbound Group, Inc. (NASDAQ:UPBD)

The board approved a quarterly cash dividend of USD 0.39 per share for the third quarter of 2026, with a Record Date of June 16, 2026 and a payment date of July 7, 2026. A further USD 0.39 quarterly dividend was declared on September 24, 2026. The calculated annualized dividend is USD 1.56 per share. Against third quarter non-GAAP diluted EPS of USD 1.01, the quarterly payout is about 39% on a calculated basis.

The Rationale: Earnings, Cash Flow and Dividend Coverage at Upbound Group, Inc. (NASDAQ:UPBD)

Third quarter 2026 consolidated Revenue was USD 1.15 billion, at the high end of the outlook, with GAAP net Earnings of USD 34 million, up USD 21 million, and Adjusted EBITDA of USD 123 million. Acima revenue was USD 585 million, down about 6.5%, yet its Adjusted EBITDA rose about 15% to USD 86 million, and its Lease charge-off rate improved by more than 100 basis points to 8.7% of revenue. Brigit revenue rose 37% to USD 79 million with 1.84 million paying users and ARPU of USD 14.39. Rent-A-Center revenue was USD 459 million.

Valuation, Balance Sheet and Risks for Upbound Group, Inc. (NASDAQ:UPBD)

Guidance for 2026 was narrowed to revenue of USD 4.68 billion to USD 4.78 billion, Adjusted EBITDA of USD 510 million to USD 525 million and non-GAAP diluted EPS of USD 4.15 to USD 4.30. Fourth quarter Adjusted EBITDA guidance is USD 125 million to USD 135 million. The company intends to repurchase up to USD 50 million of stock under a program authorized in December 2021. Risks include consumer Credit performance, lease charge-offs, regulatory scrutiny of lease-to-own and earned wage access products, and funding costs.

Where Things Stand

Upbound Group, Inc. (NASDAQ:UPBD) pays USD 0.39 per share each quarter, a calculated annualized USD 1.56, supported by third quarter free cash flow of about USD 121 million and Operating Cash Flow of USD 163 million. The calculated payout is 37% of the USD 4.225 midpoint of 2026 non-GAAP EPS guidance of USD 4.15 to USD 4.30, and the company continues to reduce debt, by more than USD 225 million since year-end 2025. Acima margin expansion to 14.7% and Brigit revenue growth of 37% diversify the earnings base beyond Rent-A-Center. Fourth quarter Adjusted EBITDA guidance of USD 125 million to USD 135 million provides the next test of coverage and balance sheet repair.