Printer Friendly

BODDIE-NOELL RESTAURANT PROPERTIES, INC. (BNP) ANNOUNCES FOURTH QUARTER DIVIDEND

 BODDIE-NOELL RESTAURANT PROPERTIES, INC. (BNP)
 ANNOUNCES FOURTH QUARTER DIVIDEND
 ROCKY MOUNT, N.C., Jan. 9 /PRNewswire/ -- The Board of Directors of Boddie-Noell Restaurant Properties, Inc. (AMEX: BNP) today declared a $.31 per share dividend for the quarter which will be paid on Feb. 14, 1992 to shareholders of record on Jan. 31, 1992. The annualized dividend would equal $1.24 per share, providing a return of 9.7 percent based on Wednesday's closing price of $12 3/4.
 The Board also announced that the annual shareholders' meeting will be held on April 9, 1992 in Rocky Mount, N.C. The record date for voting at the annual meeting will be Feb. 14, 1992.
 Comparable restaurant sales on the properties increased 4.6 percent in the fourth quarter, continuing the improvement in sales that began in the previous quarter. For the twelve months ended Dec. 31, 1991, restaurant sales declined by 1.7 percent. Year end financial results are expected to be released by the last week of January.
 -0- 1/9/92
 /CONTACT: Debra L. Baker, Boddie-Noell Restaurant Properties, Inc. 919-937-2000/
 (BNP) CO: Boddie-Noell Restaurant Properties, Inc. ST: North Carolina IN: LEI SU: DIV


DF -- CH003 -- 8333 01/09/92 15:16 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 9, 1992
Words:203
Previous Article:REGULAR DIVIDEND DECLARED FOR UNITED WATER RESOURCES
Next Article:AMERICAN ISUZU MOTORS INC. INCREASES PARTS WARRANTY


Related Articles
BODDIE-NOELL RESTAURANT PROPERTIES, INC. (BNP) RELEASES FOURTH QUARTER AND YEAR-END RESULTS
BODDIE-NOELL RESTAURANT PROPERTIES, INC. (BNP) RELEASES FIRST QUARTER RESULTS; DECLARES DIVIDEND
BODDIE-NOELL RESTAURANT PROPERTIES, INC. (BNP) RELEASES SECOND QUARTER RESULTS; DECLARES DIVIDEND
BODDIE-NOELL RESTAURANT PROPERTIES, INC. (BNP) RELEASES THIRD QUARTER RESULTS; DECLARES DIVIDEND
BODDIE-NOELL RESTAURANT PROPERTIES, INC. (BNP) ANNOUNCES FOURTH QUARTER DIVIDEND
BODDIE-NOELL RESTAURANT PROPERTIES, INC. (BNP) RELEASES FOURTH QUARTER AND YEAR-END RESULTS
BODDIE-NOELL RESTAURANT PROPERTIES, INC. (BNP) RELEASES FIRST QUARTER RESULTS; DECLARES DIVIDEND
BODDIE-NOELL RESTAURANT PROPERTIES, INC. (BNP) REPORTS SECOND QUARTER EARNINGS AND DECLARES QUARTERLY DIVIDEND
BODDIE-NOELL RESTAURANT PROPERTIES, INC. (BNP) ANNOUNCES FOURTH QUARTER DIVIDEND
Boddie-Noell Properties Declares Dividend

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