FirstCash Holdings Declares $0.42 Quarterly Dividend, $1.68 Annualized

FirstCash Holdings, Inc. (NASDAQ: FCFS), a leading international operator of more than 3,300 retail pawn stores, declared a second quarter cash dividend of $0.42 per common share. The Board of Directors approved the dividend on April 23, 2026. Read more dividend announcements.

The dividend represents an annualized payout of $1.68 per share. Shareholders of record as of May 15, 2026 will receive payment on May 29, 2026.

The Fort Worth, Texas-based company announced the dividend alongside record first quarter operating results. Revenues increased 26% over the prior year period, driving earnings per share growth of 30%.

Capital Deployment and Shareholder Returns

Over the past twelve months, FirstCash has returned $178 million to shareholders through stock repurchases and cash dividends combined. The company repurchased 261,000 shares during the first quarter at an average price of $191.79 per share for a total cost of $50 million.

During the trailing twelve-month period, FirstCash repurchased 648,000 shares at an average price of $162.60 per share for a total of $105 million and paid out $72 million in cash dividends. This represents a payout ratio of approximately 50% of net income over the same period.

The company has $100 million remaining under its current share repurchase authorization. Future repurchases are subject to liquidity, acquisition opportunities, debt covenant restrictions, market conditions and other factors.

Financial Performance

FirstCash generated a 16% return on equity and a 7% return on assets for the twelve months ended March 31, 2026. Using adjusted net income for the same period, the adjusted return on equity was 19% while the adjusted return on assets was 8%.

The company's net debt to adjusted EBITDA ratio stood at 2.9x at March 31, 2026 based on trailing twelve-month actual results. Including estimated pro forma EBITDA contributions from acquisitions and other lender permitted adjustments, the ratio was 2.6x, an improvement from 2.9x six months earlier.

Growth Investments

Over the past twelve months, FirstCash acquired a total of 309 pawn stores for a combined purchase price of $450 million. The company also opened 31 de novo pawn stores with a combined investment of approximately $12 million in fixed assets and working capital.

Excluding earning assets obtained through acquisitions, pawn earning assets increased $277 million compared to the prior year. FirstCash purchased the underlying real estate at 51 existing pawn store locations for $86 million, bringing the total number of company-owned properties to 458 locations.

Same-store pawn receivables at the end of the first quarter increased 19% in the U.S., 30% in Latin America and 29% in the U.K., all on a local currency basis. The company operates more than 3,300 retail pawn stores internationally across the U.S., Latin America and the U.K.