BLIMPIE International declares annual cash dividend.NEW YORK--(BUSINESS WIRE)--Aug. 22, 1996--BLIMPIE International Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NMS See NetWare Management System. : BMPE BMPE Black Market Peso Exchange ) announced today that it has declared a $.035 cash dividend payable on Sept. 17, 1996 to shareholders of record on Sept. 3, 1996. The $.035 cash dividend is an increase from the 3 cent cash dividend paid in October 1995. For the fiscal year ended June 30, 1996, the company paid two cash dividends, each in the amount of 3 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. . BLIMPIE International Inc. is the franchisor of the nation's second leading submarine sandwich chain with approximately 1,450 outlets operating in 44 states and two foreign countries. Founded in 1964, BLIMPIE International Inc. was named the nation's fastest growing sandwich restaurant chain (in the sandwich and burger category) by Nation's Restaurant News in 1996. The company was ranked 34th of the 200 Best Small Companies in America by Forbes Magazine. CONTACT: kirshenbaum & bond Anthony Sanzio, 212/337-4871 or BLIMPIE International Inc. Robert Sitkoff Robert H. Sitkoff (b. 1974) is the John L. Gray Professor of Law at Harvard Law School, where he is the only faculty member specializing in trusts and estates ("T&E").[1] , 800/447-6256, ext. 111 |
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