Brinker International Board Announces Dividend Increase, Stock Repurchase Authorization

DALLAS, Aug. 23, 2012 // PRNewswire // -- The Board of Directors for Brinker International, Inc. (NYSE: EAT) declared a quarterly dividend of $0.20 per share on common stock, representing a 25 percent increase in the company's quarterly dividend. The increased dividend will be payable on Sept. 27, 2012 to shareholders of record as of Sept. 10, 2012.

Brinker's Board of Directors also authorized an additional $500 million in share repurchases, bringing the total outstanding share repurchase authorization to $626 million as of today's date.

About Brinker

Brinker currently owns, operates or franchises 1,581 restaurants under the names Chili's® Grill & Bar (1,536 restaurants) and Maggiano's Little Italy® (45 restaurants) and holds a minority investment in Romano's Macaroni Grill®.

SOURCE Brinker International

Contacts:

Stacey Sullivan
Media Relations
+1-800-775-7290

Tony Laday
Investor Relations
+1-972-770-8890

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Scooter's Coffee
The success of the Scooter's Coffee franchise is based upon a commitment to quality products, fast and accurate service, and always delivering...
Le Macaron French Pastries
Our French pâtisserie are unique, simple, niche businesses with limited direct competition. Start a business that is fun and rewarding while...
Sbarro, LLC
An award-winning franchise company, Sbarro is known for selling XL NY pizza by the slice with dough made in-house daily & 100% Whole Milk...
Tutor Doctor
Tutor Doctor is revolutionizing the private tutoring industry by helping children achieve their academic goals utilizing a one-to-one tutoring...
Perkins Restaurant & Bakery
In today's market, the opportunity to buy a Perkins® couldn't be better for experienced restaurateurs interested in aligning with a concept that has...
Share This Page

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.