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Texas Roadhouse, Inc. Announces Quarterly Dividend

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Rhea-AI Summary
Texas Roadhouse, Inc. (TXRH) announces a cash dividend of $0.55 per share of common stock, to be distributed on September 26, 2023, to shareholders of record on September 6, 2023.
Positive
  • Shareholders will receive a cash dividend of $0.55 per share, demonstrating the company's commitment to returning value to its investors.
Negative
  • None.

LOUISVILLE, Aug. 11, 2023 (GLOBE NEWSWIRE) -- On August 10, 2023, the Board of Directors of Texas Roadhouse, Inc. (Nasdaq: TXRH) authorized the payment of a cash dividend of $0.55 per share of common stock. This payment will be distributed on September 26, 2023, to shareholders of record at the close of business on September 6, 2023.

About the Company

Texas Roadhouse is a growing restaurant company operating predominantly in the casual dining segment that first opened in 1993 and today has grown to over 710 restaurants system-wide in 49 states and ten foreign countries. For more information, please visit the Company’s Web site at www.texasroadhouse.com.

Forward-looking Statements
Certain statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based upon the current beliefs and expectations of the management of Texas Roadhouse. Actual results may vary materially from those contained in forward-looking statements based on a number of factors including, without limitation, conditions beyond its control such as weather, natural disasters, disease outbreaks, epidemics or pandemics impacting customers or food supplies; labor or supply chain shortages or limited availability of staff or product needed to meet our business standards; changes in consumer discretionary spending and macroeconomic conditions, including inflationary pressures; food safety and food-borne illness concerns; and other factors disclosed from time to time in its filings with the U.S. Securities and Exchange Commission. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors include but are not limited to those described under “Part I—Item 1A. Risk Factors” of the Annual Report on Form 10-K for the fiscal year ended December 27, 2022. These factors should not be construed as exhaustive and should be read in conjunction with other filings with the Securities and Exchange Commission. Investors should take such risks into account when making investment decisions. Shareholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law.

Contacts:

Investor Relations                                                                
Michael Bailen
(502) 515-7298

Media
Travis Doster
(502) 638-5457


FAQ

What is the announcement from Texas Roadhouse, Inc. (TXRH)?

Texas Roadhouse, Inc. (TXRH) has authorized the payment of a cash dividend of $0.55 per share of common stock.

When will the dividend be distributed to shareholders?

The dividend will be distributed on September 26, 2023.

Who is eligible to receive the dividend?

Shareholders of record at the close of business on September 6, 2023, are eligible to receive the dividend.

Texas Roadhouse, Inc.

NASDAQ:TXRH

TXRH Rankings

TXRH Latest News

TXRH Stock Data

10.56B
66.39M
0.53%
96.91%
2.35%
Food Service Contractors
Accommodation and Food Services
Link
United States of America
LOUISVILLE

About TXRH

it all began on february 17, 1993, when after years of dreaming, planning, and hard, hard work, kent taylor opened the first texas roadhouse in clarksville, indiana. kent’s goal was to own not just a family restaurant and not just a steak restaurant, but a place where everyone, of all ages, could come and have a great meal and great fun for a great price. we’ve got the great meal part down. in fact, we like to consider our food more than great. we think its legendary. hand-cut steaks, award-winning fall-off-the-bone ribs, fresh-baked bread, and made-from-scratch sides are the standard at texas roadhouse. we're more than just a steakhouse. we're a family restaurant. and, we believe our family is every member of every community that has a texas roadhouse. we love being a part of our communities, which is why you're likely to see our roadies and andy the armadillo out and about! our legendary benefits include: medical, dental and vision insurance, 401(k) retirement plan, short and l