GLENDALE, Calif., May 19, 2015 /PRNewswire/
-- DineEquity, Inc. (NYSE: DIN), the parent company of
Applebee's Neighborhood Grill & Bar® and
IHOP® restaurants, today announced that its Board of
Directors declared a cash dividend of $0.875 per share of common stock for the second
quarter of 2015. The dividend will be payable on July 10, 2015 to the Company's stockholders of
record at the close of business on June
12, 2015.
About DineEquity, Inc.
Based in Glendale, California,
DineEquity, Inc., through its subsidiaries, franchises and operates
restaurants under the Applebee's Neighborhood Grill & Bar and
IHOP brands. With more than 3,600 restaurants combined in 18
countries, over 400 franchisees and approximately 200,000 team
members (including franchisee- and company-operated restaurant
employees), DineEquity is one of the largest full-service
restaurant companies in the world. For more information on
DineEquity, visit the Company's Web site located at
www.dineequity.com.
Forward-Looking Statements
Statements contained in this press release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. You can identify these
forward-looking statements by words such as "may," "will,"
"should," "expect," "anticipate," "believe," "estimate," "intend,"
"plan" and other similar expressions. These statements involve
known and unknown risks, uncertainties and other factors, which may
cause actual results to be materially different from those
expressed or implied in such statements. These factors include, but
are not limited to: the effect of general economic conditions; the
Company's indebtedness and risks associated with the timing and our
ability to refinance the Company's indebtedness; risk of future
impairment charges; trading volatility and the price of the
Company's common stock; the Company's results in any given period
differing from guidance provided to the public; the highly
competitive nature of the restaurant business; the Company's
business strategy failing to achieve anticipated results; risks
associated with the restaurant industry; risks associated with
locations of current and future restaurants; rising costs for food
commodities and utilities; shortages or interruptions in the supply
or delivery of food; ineffective marketing and guest relationship
initiatives and use of social media; changing health or dietary
preferences; our engagement in business in foreign markets; harm to
our brands' reputation; litigation; fourth-party claims with
respect to intellectual property assets; environmental liability;
liability relating to employees; failure to comply with applicable
laws and regulations; failure to effectively implement restaurant
development plans; our dependence upon our franchisees;
concentration of Applebee's franchised restaurants in a limited
number of franchisees; credit risk from IHOP franchisees operating
under our previous business model; termination or non-renewal of
franchise agreements; franchisees breaching their franchise
agreements; insolvency proceedings involving franchisees; changes
in the number and quality of franchisees; inability of franchisees
to fund capital expenditures; heavy dependence on information
technology; the occurrence of cyber incidents or a deficiency in
our cybersecurity; failure to execute on a business continuity
plan; inability to attract and retain talented employees; risks
associated with retail brand initiatives; failure of our internal
controls; and other factors discussed from time to time in the
Company's Annual and Quarterly Reports on Forms 10-K and 10-Q and
in the Company's other filings with the Securities and Exchange
Commission. The forward-looking statements contained in this
release are made as of the date hereof and the Company assumes no
obligation to update or supplement any forward-looking
statements.
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SOURCE DineEquity, Inc.