PLANO, Texas--(BUSINESS WIRE)--Dec. 15, 2011--
Rent-A-Center, Inc. (the “Company”) (NASDAQ/NGS: RCII), the nation’s
largest rent-to-own operator, today announced that its Board of
Directors has declared a $0.16 per share cash dividend for the first
quarter of 2012 to be paid to the Company’s common stockholders. The
dividend will be paid on January 25, 2012, to common stockholders of
record as of the close of business on January 4, 2012.
Rent-A-Center, Inc., headquartered in Plano, Texas, currently operates
approximately 3,000 company-owned stores nationwide and in Canada,
Mexico and Puerto Rico and approximately 720 RAC Acceptance locations
within traditional retailers in the United States. The stores generally
offer high-quality, durable goods such as major consumer electronics,
appliances, computers and furniture and accessories under flexible
rental purchase agreements that generally allow the customer to obtain
ownership of the merchandise at the conclusion of an agreed upon rental
period. ColorTyme, Inc., a wholly owned subsidiary of the Company, is a
national franchiser of approximately 210 rent-to-own stores operating
under the trade name of "ColorTyme."
Source: Rent-A-Center, Inc.
Rent-A-Center, Inc.
David E. Carpenter, 972-801-1214
Vice
President of Investor Relations
david.carpenter@rentacenter.com