RCI Announces 26th Consecutive Quarterly Cash Dividend

Rhea-AI Summary

RCI Hospitality Holdings, Inc. (Nasdaq: RICK) has declared a quarterly cash dividend of $0.05 per common share for the third quarter of Fiscal 2022, ending June 30, 2022. The dividend will be payable on June 29, 2022, to holders of record as of June 15, 2022, with an ex-dividend date of June 14, 2022. This marks the company's 26th consecutive quarterly cash dividend, reflecting its commitment to returning value to shareholders.

Positive

• Declaring a dividend of $0.05 per share demonstrates financial stability.
• The 26th consecutive dividend payment indicates a reliable income stream for shareholders.

Negative

• None.

HOUSTON, May 25, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced today it has declared a quarterly cash dividend of $0.05 per common share for the Fiscal 2022 third quarter ending June 30, 2022. The 3Q22 dividend is payable June 29, 2022, to holders of record June 15, 2022, with an ex-dividend date of June 14, 2022. This marks RCI's 26^th consecutive quarterly cash dividend.

About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) www.rcihospitality.com

With more than 50 units, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in adult nightclubs and sports bars/restaurants. Clubs in New York City, Chicago, Dallas-Fort Worth, Houston, Miami, Minneapolis, Denver, St. Louis, Charlotte, Pittsburgh, Raleigh, Louisville, and other markets operate under brand names such as Rick's Cabaret, XTC, Club Onyx, Vivid Cabaret, Jaguars Club, Tootsie's Cabaret, and Scarlett's Cabaret. Sports bars/restaurants operate under the brand name Bombshells Restaurant & Bar.

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 Q3 2022?

RCI Hospitality Holdings declared a dividend of $0.05 per share for the third quarter of 2022.

When is the dividend payable for RCI Hospitality Holdings?

The dividend is payable on June 29, 2022.

What is the ex-dividend date for RCI Hospitality Holdings' Q3 dividend?

The ex-dividend date is June 14, 2022.

How many consecutive quarterly dividends has RCI Hospitality Holdings declared?

RCI Hospitality Holdings has declared 26 consecutive quarterly dividends.