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Monro, Inc. Declares Quarterly Cash Dividend

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Monro (Nasdaq: MNRO), a leading automotive undercar repair and tire services provider, has announced a quarterly cash dividend of $0.28 per share on its outstanding common stock. This dividend also applies to shares of common stock to which holders of the Company's Class C Convertible Preferred Stock are entitled. The dividend will be paid on September 10, 2024, to shareholders of record at the close of business on August 27, 2024. This announcement demonstrates Monro's commitment to providing returns to its shareholders and reflects the company's financial stability.

Monro (Nasdaq: MNRO), un fornitore leader di servizi di riparazione e pneumatici per auto, ha annunciato un dividendo in contante trimestrale di 0,28 dollari per azione sulle sue azioni ordinaria in circolazione. Questo dividendo si applica anche alle azioni ordinarie di cui i detentori delle azioni privilegiate convertibili di Classe C della Società hanno diritto. Il dividendo sarà pagato il 10 settembre 2024 agli azionisti registrati alla chiusura delle operazioni del 27 agosto 2024. Questo annuncio dimostra l'impegno di Monro a fornire rendimenti ai propri azionisti e riflette la stabilità finanziaria dell'azienda.

Monro (Nasdaq: MNRO), un proveedor líder de servicios de reparación de automóviles y neumáticos, ha anunciado un dividendo en efectivo trimestral de 0,28 dólares por acción sobre sus acciones ordinarias en circulación. Este dividendo también se aplicará a las acciones ordinarias a las que tienen derecho los titulares de las acciones preferentes convertibles Clase C de la Compañía. El dividendo se pagará el 10 de septiembre de 2024 a los accionistas que estén registrados al cierre de negocios el 27 de agosto de 2024. Este anuncio demuestra el compromiso de Monro de proporcionar rendimientos a sus accionistas y refleja la estabilidad financiera de la empresa.

Monro (Nasdaq: MNRO), 주요 자동차 하체 수리 및 타이어 서비스 제공업체가 주당 0.28달러의 분기 현금 배당금을 발표했습니다. 이 배당금은 회사의 클래스 C 전환 우선주 보유자에게도 적용됩니다. 배당금은 2024년 9월 10일2024년 8월 27일 영업 종료 시 기준 주주에게 지급될 예정입니다. 이 발표는 Monro가 주주에게 수익을 제공하려는 의지를 보여주며, 회사의 재정적 안정성을 반영합니다.

Monro (Nasdaq: MNRO), un fournisseur leader de services de réparation de châssis automobile et de pneus, a annoncé un dividende en espèces trimestriel de 0,28 $ par action sur ses actions ordinaires en circulation. Ce dividende s'applique également aux actions ordinaires auxquelles les détenteurs des actions préférentielles convertibles de Classe C de la Société ont droit. Le dividende sera versé le 10 septembre 2024 aux actionnaires enregistrés à la clôture des affaires le 27 août 2024. Cette annonce démontre l'engagement de Monro à fournir des rendements à ses actionnaires et reflète la stabilité financière de l'entreprise.

Monro (Nasdaq: MNRO), ein führender Anbieter von Kfz-Unterbodenreparaturen und Reifendiensten, hat eine vierteljährliche Bar-Dividende von 0,28 Dollar pro Aktie auf seine ausstehenden Stammaktien angekündigt. Diese Dividende gilt auch für Stammaktien, auf die die Inhaber der wandelbaren Vorzugsaktien der Klasse C des Unternehmens Anspruch haben. Die Dividende wird am 10. September 2024 an die Aktionäre ausgezahlt, die am 27. August 2024 zum Geschäftsschluss im Handelsregister stehen. Diese Ankündigung zeigt Monros Engagement, den Aktionären Renditen zu bieten und spiegelt die finanzielle Stabilität des Unternehmens wider.

Positive
  • Consistent dividend payment indicates financial stability
  • Dividend of $0.28 per share provides income for shareholders
Negative
  • None.

ROCHESTER, N.Y.--(BUSINESS WIRE)-- 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 $.28 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 10, 2024, to shareholders at the close of business on August 27, 2024.

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 almost $1.3 billion in sales in fiscal 2024 and continues to expand its national presence through strategic acquisitions and the opening of newly constructed stores. Across approximately 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 corporate.monro.com.

MNRO-Fin

Investors and Media: Felix Veksler

Senior Director, Investor Relations

ir@monro.com

Source: Monro, Inc.

FAQ

What is the amount of Monro's quarterly dividend for 2024?

Monro (MNRO) has declared a quarterly cash dividend of $0.28 per share for 2024.

When will Monro (MNRO) pay its next dividend?

Monro (MNRO) will pay its next dividend on September 10, 2024.

What is the record date for Monro's upcoming dividend?

The record date for Monro's (MNRO) upcoming dividend is August 27, 2024.

Does Monro's dividend apply to Class C Convertible Preferred Stock holders?

Yes, Monro's dividend applies to common stock shares to which Class C Convertible Preferred Stock holders are entitled.

Monro, Inc.

NASDAQ:MNRO

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804.87M
29.92M
1.46%
110.56%
13.53%
Auto Parts
Services-automotive Repair, Services & Parking
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United States of America
ROCHESTER