Papa John’s Announces Quarterly Dividend

Rhea-AI Summary

Papa John’s International, Inc. (NASDAQ: PZZA) announced a quarterly dividend of $0.225 per common share, set to be paid on November 20, 2020, to shareholders on record by the close of business on November 10, 2020. This dividend translates to an annual yield of $0.90 per share. The announcement reflects the company’s ongoing commitment to returning value to shareholders amidst forward-looking risks and uncertainties discussed in their financial reports.

Positive

• Quarterly dividend declared at $0.225 per share, reflecting ongoing shareholder value commitment.
• Annual dividend yield now at $0.90, signaling confidence in financial stability.

Negative

• None.

LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa John’s International, Inc. (NASDAQ: PZZA) today announced that the Board of Directors has declared a quarterly dividend of $0.225 per common share, payable November 20, 2020, to shareholders of record at the close of business on November 10, 2020. At this quarterly dividend rate, the annual dividend is equivalent to $0.90 per common share.

Forward-Looking Statements

Certain matters discussed in this press release which are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Part I. Item 1A. - Risk Factors” of the Annual Report on Form 10-K for the fiscal year ended December 29, 2019 and “Part II. Item 1A. – Risk Factors” of the Report on Form 10-Q for the quarterly period ended March 29, 2020. We undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise.

For more information about the Company, please visit www.papajohns.com.