PROG Holdings Raises Dividend 7.7%

Fintech firm increases quarterly payout to shareholders

Feb. 25, 2026 at 10:21pm

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PROG Holdings, Inc., the parent company of Progressive Leasing, Purchasing Power, Four Technologies, and MoneyApp, announced that its Board of Directors has declared a 7.7% increase in the company's quarterly cash dividend, raising it to $0.14 per share of common stock. The dividend will be payable on March 24, 2026 to shareholders of record as of March 12, 2026.

Why it matters

The dividend increase signals PROG Holdings' strong financial performance and confidence in the continued growth of its fintech subsidiaries. As a public company, maintaining and growing its dividend is an important way for PROG to reward shareholders and demonstrate the stability of its business model.

The details

The new quarterly dividend of $0.14 per share represents a 7.7% increase from the previous $0.13 per share payout. PROG Holdings is a fintech holding company that owns several consumer financial services brands, including lease-to-own solution provider Progressive Leasing, employee purchase program Purchasing Power, Buy Now, Pay Later platform Four, and mobile cash advance app MoneyApp.

  • The new $0.14 per share dividend will be payable on March 24, 2026.
  • The dividend record date is March 12, 2026.

The players

PROG Holdings, Inc.

A fintech holding company that owns Progressive Leasing, Purchasing Power, Four Technologies, and MoneyApp.

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The takeaway

PROG Holdings' dividend increase demonstrates the financial strength and growth potential of its diversified fintech portfolio, which spans lease-to-own, employee purchase programs, Buy Now, Pay Later, and mobile financial services.