Dine Brands Global (DIN) will raise its quarterly dividend by 15% to 46 cents per share in 2022. The dividend yield for DIN is 2.3% at a stock price of $81.01. The ex-dividend date is March 18, 2022.
This post will be updated later.
Dine Brands Global, Inc., formerly DineEquity, Inc., through its subsidiaries, owns and franchises the Applebee's Neighborhood Grill & Bar (Applebee's) concept in the bar and grill segment within the casual dining category of the restaurant industry. The company owns, franchises and operates the International House of Pancakes (IHOP) concept in the family dining category of the restaurant industry. Dine Brands Global had been paying a dividend to shareholders every year since 2013 before the 2020 suspension was announced.