Printer Friendly

APPLEBEE'S TO PAY ANNUAL DIVIDEND OF 6 CENTS PER SHARE

 APPLEBEE'S TO PAY ANNUAL DIVIDEND OF 6 CENTS PER SHARE
 KANSAS CITY, Mo., Nov. 20 /PRNewswire/ -- Applebee's International,


Inc. (NASDAQ: APPB), today declared an annual dividend of 6 cents per share. The dividend is payable Jan. 15, 1992, to stockholders of record as of Dec. 6, 1991.
 "The dividend represents an increase of 50 percent from our 1990 annual dividend of 4 cents per share paid in January of 1991," said Abe J. Gustin, president and chief executive officer. "This increase substantially parallels the increase in our operating earnings, which advanced 42 percent in the first nine months of this year.
 "We expect to continue to pay annual dividends, consistent with continued growth in earnings and cash flow, subject to our operating needs."
 Applebee's International, Inc., headquartered in Kansas City, Mo., develops, franchises and operates a rapidly expanding national chain of 186 restaurants under the trademark Applebee's Neighborhood Grill and Bar.
 -0- 11/20/91
 /CONTACT: Jack Falker of Swenson/Falker Associates Inc., Minneapolis, 612-371-0000, for Applebee's International; or Sue Carroll of Applebee's International, Kansas City 816/421-2501/
 (APPB) CO: Applebee's ST: Minnesota IN: SU: DIV


KH -- MN010 -- 5415 11/20/91 12:23 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 20, 1991
Words:195
Previous Article:FEDERAL HOUSING FINANCE BOARD ISSUES FINAL COMMUNITY SUPPORT REGULATION
Next Article:SCIENTIFIC SOFTWARE-INTERCOMP INC. REPORTS RESULTS
Topics:


Related Articles
APPLEBEE'S DECLARES ANNUAL DIVIDEND
APPLEBEE'S INTERNATIONAL DECLARES TWO-FOR-ONE SPLIT
APPLEBEE'S DECLARES INCREASED ANNUAL DIVIDEND
APPLEBEE'S DECLARES INCREASED ANNUAL DIVIDEND
APPLEBEE'S DECLARES INCREASED ANNUAL DIVIDEND
APPLE SOUTH DECLARES REGULAR QUARTERLY DIVIDEND
Apple South Declares Regular Quarterly Dividend
Applebee's Declares Increased Annual Dividend
Apple South Board Approves 25% Increase In Quarterly Dividends
Apple South Declares Regular Quarterly Dividend

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters