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Propel Reports Second Quarter Results and Announces Dividend Increase

Newswire.ca - Wed Aug 5, 3:24PM CDT

TORONTO, Aug. 5, 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 June 30, 2026 ("Q2 2026"). Propel also announced that its Board of Directors has approved a further increase to its dividend from C$0.96 to C$1.02 per share on an annualized basis, effective Q3 2026. This represents an increase of 6% and the Company's twelfth consecutive quarterly dividend increase. All amounts are expressed in U.S. dollars unless otherwise stated.

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