Meritage Hospitality Group Inc. announced that the company's Board of Directors approved a special cash dividend of $0.025 per share at the May 16, 2017 Board of Directors meeting following the annual shareholders meeting. The dividend is payable on June 22, 2017, to shareholders of record on June 8, 2017.

During the annual shareholder meeting, the company's shareholders elected Gary A. Rose to serve as director until the 2018 Annual Shareholders Meeting.

The company expects to expand its restaurant operations from 193 to 400 restaurants by 2021.