Dine Brands Global, Inc. (DIN) To Go Ex-Dividend on September 16th

Dine Brands Global, Inc. (NYSE:DIN) announced a quarterly dividend on Wednesday, September 2nd. Shareholders of record on Wednesday, September 16th will be given a dividend of 0.19 per share by the restaurant operator on Friday, October 9th. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Wednesday, September 16th.

Dine Brands Global has raised its dividend by an average of 0.2%annually over the last three years. Dine Brands Global has a dividend payout ratio of 14.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Dine Brands Global to earn $4.66 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 16.3%.

Dine Brands Global Stock Performance

Shares of NYSE:DIN opened at $28.42 on Monday. The stock has a market capitalization of $359.81 million, a price-to-earnings ratio of 60.47 and a beta of 0.94. The company has a 50 day moving average price of $34.39 and a 200 day moving average price of $31.47. Dine Brands Global has a 1-year low of $22.85 and a 1-year high of $39.68.

Dine Brands Global (NYSE:DIN) last released its quarterly earnings data on Wednesday, August 5th. The restaurant operator reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.20 by ($0.04). The company had revenue of $240.90 million during the quarter, compared to analyst estimates of $237.28 million. Dine Brands Global had a net margin of 0.75% and a negative return on equity of 20.34%. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.17 EPS. On average, sell-side analysts expect that Dine Brands Global will post 4.25 EPS for the current fiscal year.

Dine Brands Global Company Profile

Dine Brands Global, Inc is a leading franchisor and operator of full‐service restaurants in the casual dining and breakfast segments. The company’s primary brands include IHOP®, known for its wide variety of breakfast offerings and pancakes, and Applebee’s Neighborhood Grill + Bar®, a casual dining concept featuring a range of American entrées, appetizers and cocktails. Through its franchise model, Dine Brands works with independent restaurant owners to develop, market and support both domestic and international locations.

The origins of Dine Brands Global date back to the founding of the International House of Pancakes (IHOP) in 1958 in California.