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Bloomin' Brands (BLMN) will raise its quarterly dividend to $0.08 per share.

The dividend will be paid on March 10, 2017, to all stockholders of record as of the close of business on February 27, 2017.

Bloomin' Brands, Inc. operates casual dining restaurants. Its four brands are Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse & Wine Bar. The company operates restaurants in the United States, Puerto Rico, Guam and 20 countries, some of which are franchise locations.