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Aaron's Inc. raises quarterly stock dividend by nearly 6%

Represents fifth consecutive year of increases

Furniture Today Staff -- Furniture Today, November 4, 2009

ATLANTA — Rent-to-own giant Aaron's Inc. has raised its quarterly stock dividend by 5.9%, to 18 cents per share from 17 cents.

The next dividend is payable Jan. 4 to shareholders of record on Dec. 1.

"This is the fifth consecutive year we have increased our dividend rate," said Robert Loudermilk Jr., president and CEO. "This is a reflection of the company's performance, and we believe Aaron's will continue to grow in future periods with excellent financial returns for our shareholders."

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