TORONTO, Feb. 6, 2024 /CNW/ - Propel Holdings Inc. ("Propel" or the "Company") (TSX: PRL), the fintech facilitating access to credit for underserved consumers, announced today that its Board of Directors has approved an increase to its dividend from C$0.42 to C$0.48 per common share on an annualized basis, effective Q1 2024. This dividend represents an increase of 14% and the Company's third dividend increase since its IPO in 2021. The board also declared a dividend of C$0.12 per common share, payable on March 5, 2024 to shareholders of record as of the close of business on February 13, 2024.
Read more at newswire.caPropel Announces Dividend Increase
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