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Applebee's Declares Increased Annual Dividend

OVERLAND PARK, Kan., Nov. 25 /PRNewswire/ -- Applebee's International, Inc. (Nasdaq: APPB) today declared an annual dividend of 7 cents per share. The dividend is payable Jan. 13, 1997, to shareholders of record as of Dec. 6, 1996. This is the company's seventh consecutive dividend and represents an increase of 17 percent over last year's dividend of 6 cents.

Applebee's International, Inc., headquartered in Overland Park, Kan., develops, franchises and operates casual dining restaurants in 45 states, Canada, the Netherlands, Germany and the Caribbean, under the trademarks of Applebee's Neighborhood Grill and Bar and Rio Bravo Cantina.

SOURCE Applebee's International, Inc.
 -0- 11/25/96

/CONTACT: Curt Swenson of Swenson/Falker Associates, Minneapolis, 612-371-0000 or Bill Lackey of Applebee's International, Inc., 913-967-4000/


CO: Applebee's International, Inc. ST: Kansas, Minnesota IN: RST SU: DIV

CC-KG -- MNM010 -- 3687 11/25/96 11:30 EST
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Publication:PR Newswire
Date:Nov 25, 1996
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