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Wingstop initiates dividend

Wingstop Inc. (WING) will start paying a regular quarterly dividend of $0.07 per share in 2017. Last year the restaurant operator already paid a special cash dividend of $2.90 per share.

The first ever regular dividend will be paid on September 18, 2017 to shareholders of record as of September 3, 2017. The ex-dividend dat is August 30, 2017.

Wingstop Inc. operates and franchises restaurants across the United States, Mexico, Singapore, the Philippines, Indonesia, the United Arab Emirates, Malaysia, Saudi Arabia, Colombia, and Panama. The Wing Experts’ menu features classic and boneless wings with 11 bold, distinctive flavors including Original Hot, Cajun, Atomic, Mild, Teriyaki, Lemon Pepper, Hawaiian, Garlic Parmesan, Hickory Smoked BBQ, Louisiana Rub, and Mango Habanero. Wingstop’s wings are always cooked to order, hand-sauced and tossed and served with a variety of house-made sides including fresh-cut, seasoned fries.