Dine Brands Global, Inc. has just announced its second quarter 2024 dividend, with a declared quarterly cash dividend of $0.51 per share of common stock. This dividend is set to be payable on July 5, 2024, to the company's stockholders of record at the close of business on June 20, 2024.
Dine Brands Global, Inc., based in Pasadena, California, operates restaurants under the Applebee’s Neighborhood Grill + Bar®, IHOP®, and Fuzzy’s Taco Shop® brands. As of March 31, 2024, these three brands comprised close to 3,600 restaurants across 18 international markets.
In 2022, the company expanded into the fast-casual segment. The market has reacted to these announcements by moving the company's shares 2.2% to a price of $44.91. For the full picture, make sure to review Dine Brands Global's 8-K report.