RCI Announces 36th Consecutive Quarterly Cash Dividend
Rhea-AI Summary
RCI Hospitality Holdings (Nasdaq: RICK) has declared its 36th consecutive quarterly cash dividend of $0.07 per common share for the fiscal 2025 first quarter ending December 31, 2024. The dividend will be paid on December 30, 2024, to shareholders of record as of December 16, 2024. This continuation of quarterly dividends demonstrates the company's commitment to shareholder returns since initiating the dividend program in fiscal 2Q16.
Positive
- Maintained consistent dividend payments for 36 consecutive quarters
- Demonstrates stable cash flow generation capability
- Continued commitment to shareholder returns
Negative
- None.
News Market Reaction – RICK
On the day this news was published, RICK gained 1.44%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
About RCI Hospitality Holdings, Inc. (Nasdaq: RICK) (X: @RCIHHinc)
With more than 60 locations, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in adult nightclubs and sports bars/restaurants. See all our brands at www.rcihospitality.com.
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.