MTY increases its quarterly dividend by 21%

MTY Food Group Inc., franchisor and operator of multiple concepts of quick service restaurants, announced that it will increase its quarterly dividend to 8.5¢ per share, payable on February 14, 2014 to shareholders registered in the Company's records at the end of the business day on February 4, 2014.
It is the 3rd consecutive annual increase of the dividend following the inception of the Company's dividend policy in 2010.  "We are very excited to announce another important increase in our dividend, which signals our confidence in MTY's future earnings potential and further demonstrates our commitment to financial discipline" says Stanley Ma. "This increase in our dividend in no way affects our growth strategy, which will come from successfully completing acquisitions and achieving strong organic growth".

on January 22, 2014