Cracker Barrel (CBRL) Declares $1.15 Quarterly Dividend; New $25M Stock Buyback Approved

September 26, 2016 8:03 AM EDT

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Cracker Barrel (NASDAQ: CBRL) declared a quarterly dividend of $1.15 per share, or $4.6 annualized.

The dividend will be payable on November 7, 2016, to stockholders of record on October 14, 2016, with an ex-dividend date of October 12, 2016.

The annual yield on the dividend is 3.3 percent.

The Board also authorized new share repurchases for up to $25 million of the Company's outstanding common stock. The share repurchase authorization is effective immediately and replaces the prior authorization.

For a dividend history and other dividend-related data on Cracker Barrel (CBRL) click here.

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