MTY Announces Quarterly Dividend Increase
MONTREAL — Montreal’s MTY Food Group Inc., franchisor and operator of multiple quick-service restaurants, announced an increase of 18 per cent of its quarterly dividend payment, which increases from 8.5 cents per share to 10 cents per share.
“We are excited with another increase in our dividend. This increase will in no way affect our growth strategy,” said Stanley Ma, president, CEO, MTY.
The 10-cent dividend will be payable Feb. 13 to shareholders registered in the company’s records at the end of the business day on Feb. 2.