MTY Food Group Inc., franchisor
and operator of multiple concepts of restaurants worldwide, announces an
increase of 10% of its quarterly dividend payment, which increases from
15¢ per share to 16.5¢ per share. The 16.5¢ dividend will be payable on
February 15, 2019 to shareholders registered in the Company's records at the end of the business day on February 4, 2019.
"We are excited to announce that we are significantly increasing our
quarterly dividends. This increase represents the seventh increase
since our first dividend declared in 2010.
This increase further
demonstrates not only our confidence in the ability to generate solid
cash flows in the future, but also our confidence in our brands and our
franchisee network" says Eric Lefebvre.
"This increase will in no way affect our ability to aggressively pursue
our growth strategy, whether organic or via acquisitions. We continue
to expect great momentum in the growth of the company in the years to