RCI Announces 19th Consecutive Quarterly Cash Dividend

Rhea-AI Summary

RCI Hospitality Holdings has declared a quarterly cash dividend of $0.04 per common share for the fourth quarter of fiscal 2020, consistent with the previous year's amount. This dividend is payable on September 28, 2020, to shareholders on record as of September 15, 2020, with an ex-dividend date of September 14, 2020. With this announcement, RCI marks its 19th consecutive quarterly cash dividend. Total dividends for FY20 will rise to $0.14 per share, a 7.7% increase from $0.13 in FY19.

Positive

• Declared a quarterly cash dividend of $0.04 per share, maintaining consistency.
• Increased total dividends for FY20 to $0.14 per share, up 7.7% from FY19.

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• None.

HOUSTON, Sept. 3, 2020 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced it has declared a quarterly cash dividend of $0.04 per common share for the Fiscal 2020 fourth quarter ending September 30, 2020, the same amount as for the year ago fourth quarter.

The 4Q20 dividend is payable September 28, 2020, to holders of record September 15, 2020, with an ex-dividend date of September 14, 2020.

This marks RCI's 19th consecutive quarterly cash dividend. Total dividends paid in FY20 will now amount to $0.14 per share, up 7.7% from $0.13 in FY19.

Media & Investor Contacts

Gary Fishman and Steven Anreder at 212-532-3232 or gary.fishman@anreder.com and steven.anreder@anreder.com 

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SOURCE RCI Hospitality Holdings, Inc.

FAQ

What is the dividend amount declared by RCI Hospitality Holdings for Q4 2020?

RCI Hospitality Holdings declared a quarterly cash dividend of $0.04 per share for Q4 2020.

When will the dividend be paid to shareholders?

The dividend will be payable on September 28, 2020.

What is the total dividend paid for FY20 by RCI Hospitality Holdings?

The total dividend paid in FY20 will amount to $0.14 per share.

How does the FY20 dividend compare to FY19?

The FY20 dividend of $0.14 per share represents a 7.7% increase from $0.13 per share in FY19.

What are the record and ex-dividend dates for the Q4 2020 dividend?

The record date is September 15, 2020, and the ex-dividend date is September 14, 2020.