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Applebee's International Declares Increased Annual Dividend.


Business Editors

OVERLAND PARK Overland Park, city (1990 pop. 111,790), Johnson co., NE Kans., a residential suburb of Kansas City; inc. 1960. There is printing and publishing, and the manufacture of apparel, aircraft parts, cement, prepared foods, salt, chemicals, marine accessories, and signs. , Kan.--(BUSINESS WIRE)--Dec. 12, 2002

Applebee's International, Inc. (Nasdaq:APPB APPB Array Processor with Pipelined Bus
APPB Application Builder
) has declared an annual dividend of 6 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
. The dividend is payable January 30, 2003, to shareholders of record as of December 27, 2002. This is the company's 13th consecutive annual dividend and represents an increase of 12.5 percent over last year's dividend of 5 cents per share (adjusted for a three-for-two stock split in June 2002).

Applebee's International, Inc., headquartered in Overland Park, Kan., develops, franchises and operates restaurants under the Applebee's Neighborhood Grill Grill may refer to:

In food:
  • Grill (cooking), a device or surface used for cooking food, usually fueled by gas or charcoal.
  • Grilling, a form of cooking that involves direct heat.
  • A restaurant that serves grilled food, such as a "bar and grill".
 and Bar brand, the largest casual dining concept in the world. There are currently 1,489 Applebee's restaurants operating system-wide in 49 states and eight international countries. Additional information on Applebee's International can be found at the company's website (www.applebees.com).
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1USA
Date:Dec 12, 2002
Words:135
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