Monro, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

Monro, Inc. (Nasdaq: MNRO) has declared a quarterly cash dividend of $0.26 per share on its common stock. This dividend is payable on September 7, 2021 to shareholders of record by the close of business on August 23, 2021. Monro, a key player in automotive undercar repair and tire services, reported $1.1 billion in sales for fiscal 2021 and aims for sustainable growth through strategic acquisitions and new store openings across its 1,300 stores nationwide.

Positive

• Declared quarterly cash dividend of $0.26 per share.
• Achieved $1.1 billion in sales for fiscal 2021.
• Plans for sustainable growth through new stores and acquisitions.

Negative

• None.

ROCHESTER, N.Y., Aug. 18, 2021 (GLOBE NEWSWIRE) -- Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that its Board of Directors has declared a quarterly cash dividend of $.26 per share on the Company’s outstanding shares of common stock, including the shares of common stock to which the holders of the Company’s Class C Convertible Preferred Stock are entitled. The dividend is payable on September 7, 2021 to shareholders of record at the close of business on August 23, 2021.  

About Monro, Inc.
Monro, Inc. (NASDAQ: MNRO) is one of the nation’s leading automotive service and tire providers, delivering best-in-class auto care to communities across the country, from oil changes, tires and parts installation, to the most complex vehicle repairs. With a growing market share and a focus on sustainable growth, the Company generated $1.1 billion in sales in fiscal 2021 and continues to expand its national presence through strategic acquisitions and the opening of newly constructed stores. Across nearly 1,300 stores and 9,000 service bays nationwide, Monro brings customers the professionalism and high-quality service they expect from a national retailer, with the convenience and trust of a neighborhood garage. Monro’s highly-trained Teammates and certified technicians bring together hands-on experience and state-of-the-art technology to diagnose and address automotive needs every day to get customers back on the road safely. For more information, please visit www.monro.com.

CONTACT:	Kim Rudd
	Executive Assistant
	(585) 784-3324
	Investors and Media: Melanie Dambre
	FTI Consulting
	(212) 850-5600

 

FAQ

What is the dividend amount declared by MNRO for Q3 2021?

Monro has declared a dividend of $0.26 per share for Q3 2021.

When will Monro's dividend be paid?

The dividend will be paid on September 7, 2021.

What is the record date for Monro's dividend?

The record date for Monro's dividend is August 23, 2021.

How much were Monro's sales in fiscal 2021?

Monro reported sales of $1.1 billion in fiscal 2021.

How many stores does Monro operate?

Monro operates nearly 1,300 stores across the nation.