By Connor Hart
Flanigan's Enterprises raised its dividend to 55 cents a share from 50 cents a share.
The new payout, equal to $2.20 a share, represents an annual yield of about 8.3% based on Friday's closing price of $26.40.
The owner of Flanigan's Seafood Bar and Grill restaurants and Big Daddy's liquor stores said Tuesday that the higher dividend will be paid on June 27 to shareholders of record as of June 12.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
May 27, 2025 14:09 ET (18:09 GMT)
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