Back to FRS
Frisch's Restaurants, Inc. Declares 8% Increase in its Quarterly Dividend

CINCINNATI, Sept. 2 /PRNewswire-FirstCall/ -- Frisch's Restaurants, Inc. (NYSE Amex: FRS), announced today that the Board of Directors declared a $.13 per share quarterly dividend payable October 9, 2009 to shareholders of record at the close of business on September 21, 2009. This represents a one cent per share, or 8% increase, in the regular quarterly dividend rate, and will be the 195th consecutive quarterly dividend paid by Frisch's. The Company has reported a profit every year since going public in 1960, and paid cash dividends to shareholders every quarter over the same period.

Frisch's Restaurants, Inc. is a regional company that operates full service family-style restaurants under the name of Frisch's Big Boy. The Company owns the trademark "Frisch's" and has exclusive, irrevocable ownership of the rights to the "Big Boy" trademark, trade name and service mark in the states of Kentucky and Indiana, and in most of Ohio and Tennessee. The Company also licenses Big Boy restaurants to other operators in certain parts of Ohio, Kentucky and Indiana.

In addition, the Company operates grill buffet-style restaurants under the name Golden Corral under certain licensing agreements. Golden Corral restaurants currently operate primarily in the greater metropolitan areas of Cincinnati, Cleveland, Columbus, Dayton and Toledo, Ohio, Louisville, Kentucky and Pittsburgh, Pennsylvania.

SOURCE Frisch's Restaurants, Inc.

Copyright (2009) PR Newswire. All Rights Reserved.
Back to FRS
Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki