2014

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. 

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



More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.