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Flanigan’s Enterprises reinstates dividend in 2022

Flanigan’s Enterprises Inc. (BDL) will pay an annual dividend of $1.00 per share in 2022. Last year the company behind Big Daddy's Liquors and Flanigan's Seafood Bar and Grill did not declare a dividend. Between 2016 and 2020 the company had hiked its dividend every year. In 2022 a dividend has been reinstated by BDL.

The next dividend is payable on April 19, 2022 to shareholders of record on March 31, 2022. The new dividend rate of 100 cents yields 3.1% at a stock price of $31.75. The ex-dividend date for the next BDL dividend is March 30, 2022.

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”.