PROG Holdings is a financial technology holding company. Through its subsidiaries, Co. provides lease-purchase solutions. Co. has two operating segments: Progressive Leasing, which partners with conventional and e-commerce retailers, primarily in the furniture, appliances, electronics, jewelry, mobile phones and accessories, mattresses, and automobile electronics and accessories markets to provide a lease-purchase solution for customers who may not have access to credit-based financing options; and Vive Financial, which serves customers that may not qualify for prime lending provides who desire to purchase goods and services from participating merchants. The PRG stock yearly return is shown above.
The yearly return on the PRG stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2018 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the PRG annual return calculation with any dividends reinvested as applicable (on ex-dates).
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