Inactive Instrument

MTY Food Group Inc. Toronto S.E.

MTY

CA55378N1078

Restaurants & Bars

End-of-day quote Toronto S.E. Other stock markets
- ^CAD	-

19/06	MTY Food Group Price Target Cut, Rating Left Unchanged at National Bank	MT
15/04	National Bank on MTY Foods' Q1, Maintains Outperform, Trims Target to $57	MT

MTY Food Group Inc. : MTY increases its quarterly dividends by 22%

January 24, 2012 at 02:02 am IST

MarketScreener.com By

MTY FOOD GROUP INC.

3465 Thimens, St-Laurent, Quebec, H4R 1V5

January 23, 2012 TSX Trading Symbol: "MTY"

NEWS RELEASE

MTY INCREASES ITS QUARTERLY DIVIDENDS BY 22%

Montreal, MTY Food Group Inc. ("MTY" or the "Company") (TSX: MTY), franchisor and operator of over 2,251 quick service restaurants, announces an increase of 22% of its quarterly dividend payment from 4.5¢ per share to 5.5¢ per share. The 5.5¢ dividend will be payable on February 17, 2012 to shareholders registered in the Company's records at the end of the business day on February 1, 2012.

"We are pleased to announce this increase, which signals our confidence in our future earnings and demonstrate our commitment to financial discipline" says Stanley Ma. He adds "This increase will in no way affect our growth strategy, which we will continue achieve through organic growth and by successfully completing acquisitions".

Certain information in this News Release may constitute "forward-looking" information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. When used in this News Release, this information may include words such as "anticipate", "estimate", "may", "will", "expect", "believe", "plan" and other terminology. This information reflects current expectations regarding future events and operating performance and speaks only as of the date of this News Release. Except as required by law, we assume no obligation to update or revise forward-looking information to reflect new events or circumstances. Additional information on the Company is available on SEDAR at www.sedar.com.

On Behalf of the Board of Directors of MTY Food Group Inc.

Stanley Ma, Chairman, President & CEO
For more information please contact Jean-Francois Dube, Investor Relations at 1-450-226-8475 or by email at jfdube@mac.comor visits our website: www.mtygroup.comor visit SEDAR's website at www.sedar.comunder the Company's name.

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Documents associés

MTY increases its quarterly dividends by 22%

Latest news about MTY Food Group Inc.

MTY Food Group Price Target Cut, Rating Left Unchanged at National Bank	19/06	MT
National Bank on MTY Foods' Q1, Maintains Outperform, Trims Target to $57	15/04	MT
MTY Food Group Price Target Lowered to $51 at RBC	15/04	MT
Toronto Stocks Edge Lower, MTY Food Shares Fall as 1Q Profit Decline Misses Views	12/04	DJ
Tranche Update on MTY Food Group Inc.'s Equity Buyback Plan announced on June 29, 2023.	12/04	CI
MTY Food Group Inc. Reports Earnings Results for the First Quarter Ended February 29, 2024	12/04	CI
Transcript : MTY Food Group Inc., Q1 2024 Earnings Call, Apr 12, 2024	12/04
MTY Food Group Dishes Out Q1 Earnings Miss	12/04	MT
North American Morning Briefing : Big Banks Kick -2-	12/04	DJ
MTY Food Brief: Q1 Revenue $278.644 Million Vs $286.003 Million a Year Earlier	12/04	MT
MTY Food Brief: Quarterly dividend payment of $0.28 per share on May 15, 2024	12/04	MT
MTY Food Brief: System sales for the quarter slightly decreased 2% to $1.33 billion from $1.36 billion in Q1-23	12/04	MT
MTY Food Brief: Q1 Net income attributable to owners decreased by 6% at $17.3 million, or $0.71 per diluted share Vs $18.4 million, or $0.75 per diluted share in Q1-23	12/04	MT
MTY Food Group Inc. Declares Quarterly Dividend, Payable on May 15, 2024	12/04	CI
National Bank Previews MTY Foods' Q1	03/04	MT
National Bank Cuts MTY Foods Target to $59, Maintains Outperform After Q4	17/02	MT
MTY Food Group Price Target Lowered to $60 at TD	16/02	MT
TSX posts biggest gain in two months as resource shares jump	16/02	RE
Toronto Stocks Climb, Cenovus Energy Shares Rise on 4Q Beat, Debt Repayment	15/02	DJ
Tranche Update on MTY Food Group Inc.'s Equity Buyback Plan announced on June 29, 2023.	15/02	CI
MTY Food Group Inc. Reports Earnings Results for the Full Year Ended November 30, 2023	15/02	CI
Transcript : MTY Food Group Inc., Q4 2023 Earnings Call, Feb 15, 2024	15/02
MTY Food Reports Q4 EPS of $0.67; Revenue up 16%; Had Earlier Announced Increase in Dividend Payment of 12%	15/02	MT
North American Morning Briefing : Stock Futures Tick Up Ahead of Retail Sales Data	15/02	DJ
MTY Food Brief: Announced increase in dividend payment of 12%. Quarterly dividend payment of $0.28 per share paid on February 15, 2024	15/02	MT

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Company Profile

MTY Food Group Inc. is a Canada-based franchisor and operator of multiple concepts of restaurants worldwide. The Companyâs activities consist of franchising and operating the Company-owned locations, as well as the sale of retail products under a multitude of banners. The Company also operates a distribution center and a food-processing plant, both of which are located in the province of Quebec. The Company operates through two segments: Canada, and US & International. The Company operates under various banners, including Papa Murphy's, Cold Stone Creamery, Thai Express, Sweet Frog, Taco Time Us, Sushi Shop, Toujours Mikes, Mucho Burrito, Baton Rouge, Manchu Wok, Baja Fresh, Mr. Sub, Taco Time Ca, Yuzu Sushi, Allo Mon Coco, Pizza Delight, Scores, Ben & Florentine, The Counter, And Planet Smoothie. The Company has approximately 60 brands over 2,400 restaurants in Canada and 40 brands over 4,100 locations in the United States.

Sector

Restaurants & Bars

Calendar

12/07/2024 - Q2 2024 Earnings Release (Projected)

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Quick Service Restaurants

MTY Food Group Inc. Toronto S.E.

Equities

MTY

CA55378N1078

Restaurants & Bars

MTY Food Group Inc. : MTY increases its quarterly dividends by 22%

Latest news about MTY Food Group Inc.

Chart MTY Food Group Inc.

Company Profile

Sector Quick Service Restaurants