Frisch's Restaurants announces dividend of US$0.18/share, payable April 10 to shareholders as of March 27, the 213th consecutive quarterly dividend paid by company
March 13, 2014
– Frisch's Restaurants, Inc. (NYSE MKT: FRS), announced today that the Board of Directors declared an $0.18 per share quarterly dividend payable April 10, 2014 to shareholders of record at the close of business on March 27, 2014. This represents the 213th 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.
About Frisch's Restaurants, Inc.
Frisch's is a regional company that operates full service family-style restaurants under the name "Frisch's Big Boy." All Big Boy restaurants are currently located in various regions of Ohio, Kentucky and Indiana.
The Company owns the trademark "Frisch's" and has exclusive, irrevocable ownership of the rights to the "Big Boy" trademark, trade name and service marks in the states of Kentucky and Indiana, and in most of Ohio and Tennessee. All of the Frisch's Big Boy restaurants also offer "drive-thru" service. The Company also licenses Big Boy restaurants to other operators, currently in certain parts of Ohio, Kentucky and Indiana.