TORONTO, Aug. 7, 2024 /CNW/ - Propel Holdings Inc. ("Propel" or the "Company") (TSX: PRL), the fintech facilitating access to credit for underserved consumers, today reported record financial results for the three months ended June 30, 2024 ("Q2 2024"). Propel also announced that its Board of Directors has approved a further increase to its dividend from C$0.52 to C$0.56 per share on an annualized basis, effective Q3 2024. This represents an increase of 8% and the Company's third dividend increase in 2024 and fifth dividend increase since the beginning of 2023. All amounts are expressed in U.S. dollars unless otherwise stated.
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