Franchise Group Hikes Dividend By 67%

by Shivani Kumaresan, Benzinga Staff Writer

December 8, 2021 5:50 AM | 1 min read | Make a Comment

Franchise Group Inc FRG announced that its Board of Directors approved a 67% increase to its quarterly cash dividend to common stockholders of $0.625 per share.
The cash dividend will be paid on or about January 15, 2022, to holders of record of the company's common stock on the close of business on December 31, 2021.
Franchise Group expects FY22 revenue of about $4.45 billion and Non-GAAP EPS of approximately $5.00 per share, with the consensus estimate of $4.54.
The company held $159.9 million in cash and equivalents as of September 30, 2021.
Price Action: FRG shares are trading higher by 6.13% at $52.26 in premarket on the last check Wednesday.

Posted In: News Guidance Dividends Small Cap Briefs

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