TSX:PRLConsumer Finance
Did Propel’s 10th Straight Dividend Hike Just Recast Its Capital Strategy Narrative (TSX:PRL)?
Propel Holdings Inc. recently announced that its board approved a 7% increase in the annual dividend from C$0.84 to C$0.90 per share, declaring a first-quarter 2026 dividend of C$0.225 per share payable on March 4, 2026 to shareholders of record on February 20, 2026.
This marked the company’s tenth consecutive dividend increase and an ongoing emphasis on returning cash to shareholders while it builds out its AI-enabled lending platform and banking partnerships.
With this latest dividend...