The board authorized a new $150 million repurchase plan after completing a prior one, alongside a steady $0.42 dividend.
FirstCash declared a $0.42 per share quarterly dividend, matching its previous payout. The dividend is payable on August 28 to shareholders of record as of August 14, with an ex-dividend date of August 14.
The company also completed a $150 million share repurchase plan and announced a new $150 million authorization, signaling confidence in its capital allocation strategy. The prior plan was fully executed without additional details on timing for the new program.
No immediate market reaction was disclosed in the announcement.