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Flanigan's Enterprises hikes dividend by 12%

Flanigan’s Enterprises Inc. (BDL) will raise its annual dividend by 12.0 percent to $0.28 per share in 2019. Last year the company behind Big Daddy's Liquors and Flanigan's Seafood Bar and Grill hiked its annual dividend by a quarter.

The next dividend is payable on March 29, 2019 to shareholders of record on March 15. The new dividend rate yields 1.1% at a stock price of $24.91.

Florida based Flanigan’s Enterprises, Inc. is the owner and operator of the "Flanigan's Seafood Bar and Grill" restaurants and "Big Daddy's" retail liquor stores. The company runs restaurants, package liquor stores and combination restaurants/package liquor stores that are either owned, operationally controlled or partially owned. With the exception of “The Whale’s Rib”, a restaurant the company operates but does not own, all of the restaurants operate under its service mark “Flanigan’s Seafood Bar and Grill” and all of the package liquor stores operate under the company's service mark “Big Daddy’s Liquors”.