Monro, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

Monro (Nasdaq: MNRO), an 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 Class C Convertible Preferred Stock holders are entitled. The dividend will be paid on December 17, 2024, to shareholders of record as of December 3, 2024.

Positive

• Maintains consistent shareholder returns through quarterly dividend payment of $0.28 per share

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• None.

FAIRPORT, 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 December 17, 2024 to shareholders at the close of business on December 3, 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.

Source: Monro, Inc.
MNRO-Fin

View source version on businesswire.com: https://www.businesswire.com/news/home/20241121779750/en/

Investors and Media: Felix Veksler

Senior Director, Investor Relations

ir@monro.com

Source: Monro, Inc.

FAQ

What is Monro's (MNRO) dividend amount for Q4 2024?

Monro (MNRO) declared a quarterly cash dividend of $0.28 per share for Q4 2024.

When is Monro's (MNRO) next dividend payment date?

Monro's dividend will be paid on December 17, 2024, to shareholders of record as of December 3, 2024.

Who is eligible for Monro's (MNRO) December 2024 dividend?

The dividend is payable to holders of outstanding common stock and Class C Convertible Preferred Stock holders who are entitled to common stock shares, as of December 3, 2024.