Jack in the Box announces dividend of US$0.20/share, payable June 9 to shareholders as of May 27

Nevin Barich

Nevin Barich

SAN DIEGO , May 14, 2014 (press release) – Jack in the Box Inc. (JACK) today announced that its Board of Directors has approved the initiation of a regular quarterly cash dividend. The initial quarterly cash dividend of $0.20 per share will be paid on June 9, 2014, to shareholders of record as of May 27, 2014. Future dividends will be subject to Board approval.

“The transformation of our business model for the Jack in the Box® brand is nearly complete, resulting in more stable and predictable cash flows,” said Lenny Comma, chairman and chief executive officer. “In addition, in March we refinanced our credit facility, which provides us with a flexible, longer-term capital structure to support our strategic plan, including additional potential to return cash to shareholders.

“The initiation of a cash dividend, combined with our ongoing share repurchase authorization, demonstrates our commitment to enhancing shareholder value while simultaneously investing in the growth of both Jack in the Box and Qdoba®,” concluded Comma.

About Jack in the Box Inc.

Jack in the Box Inc. (JACK), based in San Diego, is a restaurant company that operates and franchises Jack in the Box® restaurants, one of the nation’s largest hamburger chains, with more than 2,250 restaurants in 21 states. Additionally, through a wholly owned subsidiary, the company operates and franchises Qdoba Mexican Grill®, a leader in fast-casual dining, with more than 600 restaurants in 46 states, the District of Columbia and Canada. For more information on Jack in the Box and Qdoba, including franchising opportunities, visit www.jackinthebox.com or www.qdoba.com.

BW-image© 2021 Business Wire, Inc., All rights reserved.


About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.