DineEquity, Inc. (NYSE:DIN), the parent company of Applebee’s Neighborhood Grill & Bar® and IHOP® restaurants, today announced approval by its Board of Directors of a 5.4% increase, or $0.05 per outstanding share of common stock, in the Company’s quarterly cash dividend to $0.97 per outstanding share of common stock. The dividend for the fourth quarter of 2016 will be payable on January 6, 2017 to the Company’s stockholders of record at the close of business on December 16, 2016.
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 3,700 restaurants combined in 20 countries and U.S. territories and approximately 400 franchisees, 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.
