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Propel Reports First Quarter Results and Announces Dividend Increase

Newswire.ca - Mon May 4, 3:16PM CDT

TORONTO, May 4, 2026 /CNW/ - Propel Holdings Inc. ("Propel" or the "Company") (TSX: PRL), the fintech facilitating access to credit for underserved consumers, today reported financial results for the three months ended March 31, 2026 ("Q1 2026"). Propel also announced that its Board of Directors has approved a further increase to its dividend from C$0.90 to C$0.96 per share on an annualized basis, effective Q2 2026. This represents an increase of 7% and the Company's eleventh consecutive quarterly dividend increase. All amounts are expressed in U.S. dollars unless otherwise stated.

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