RCI Announces 27th 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 Q4 2022, payable on September 27, 2022. This dividend is for the fiscal fourth quarter ending September 30, 2022, with a record date of September 13, 2022 and an ex-dividend date on September 12, 2022. Notably, this marks the company's 27th consecutive quarterly cash dividend, demonstrating a commitment to returning value to shareholders.

Positive

• Quarterly cash dividend of $0.05 per share indicates financial stability.
• 27th consecutive dividend reflects commitment to shareholder returns.

Negative

• None.

HOUSTON, Sept. 1, 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 fourth quarter ending September 30, 2022. The 4Q22 dividend is payable September 27, 2022, to holders of record September 13, 2022, with an ex-dividend date of September 12, 2022. This marks RCI's 27th consecutive quarterly cash dividend.

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

With more than 60 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, Scarlett's Cabaret, Diamond Cabaret, PT's Showclub, and Cheetah Gentlemen's Club. 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 Q4 2022?

RCI Hospitality Holdings declared a dividend of $0.05 per common share for Q4 2022.

When will the dividend be paid to RICK shareholders?

The dividend will be payable on September 27, 2022.

What is the record date for the dividend payment for RICK?

The record date for the dividend payment is September 13, 2022.

What is the ex-dividend date for RCI's Q4 2022 dividend?

The ex-dividend date is September 12, 2022.

How many consecutive quarterly dividends has RCI Hospitality Holdings paid?

RCI Hospitality Holdings has paid 27 consecutive quarterly cash dividends.