Papa Johns Declares Quarterly Dividend

Rhea-AI Summary

Papa John’s International (NASDAQ: PZZA) has declared a quarterly dividend of $0.42 per common share, payable on May 26, 2023, to shareholders of record by May 15, 2023. This positions the annual dividend at $1.68 per share. The company emphasizes its commitment to quality, utilizing fresh ingredients and eliminating artificial flavors and synthetic colors from its menu. With over 5,700 restaurants across approximately 50 countries, Papa John’s stands as the world’s third-largest pizza delivery chain.

For more details, visit www.PapaJohns.com.

Positive

• Quarterly dividend declared at $0.42 per share, signaling consistent shareholder returns.
• Annual dividend rate established at $1.68 per share.

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 $0.42 per common share, payable May 26, 2023, to shareholders of record at the close of business on May 15, 2023. At this quarterly dividend rate, the annual dividend is equivalent to $1.68 per common share.

About Papa Johns

Papa John’s International, Inc. (NASDAQ: PZZA) opened its doors in 1984 with one goal in mind: BETTER INGREDIENTS. BETTER PIZZA.® Papa Johns believes that using high-quality ingredients leads to superior quality pizzas. Its original dough is made of only six ingredients and is fresh, never frozen. Papa Johns tops its pizzas with real cheese made from mozzarella, pizza sauce made with vine-ripened tomatoes that go from vine to can in the same day and meat free of fillers. It was the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu. Papa Johns is co-headquartered in Atlanta, Ga. and Louisville, Ky. and is the world’s third-largest pizza delivery company with more than 5,700 restaurants in approximately 50 countries and territories. For more information about the company or to order pizza online, visit www.PapaJohns.com or download the Papa Johns mobile app for iOS or Android.

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 25, 2022. We undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230424005541/en/

Papa Johns Investor Relations

investor_relations@papajohns.com

Source: Papa John’s International, Inc.

FAQ

What is the dividend amount declared by Papa John's for May 2023?

Papa John's declared a quarterly dividend of $0.42 per share.

When will the dividend be paid to shareholders?

The dividend will be payable on May 26, 2023.

What is the record date for Papa John's dividend?

The record date for the dividend is May 15, 2023.

How does Papa John's commitment to quality impact its business?

Papa John's focuses on using high-quality ingredients, which enhances brand reputation and customer loyalty.

What is the annual dividend for Papa John's based on the latest announcement?

The annual dividend is $1.68 per share.