Texas Roadhouse (TXRH) Declares $0.08 Quarterly Dividend; 2.4% Yield; Increases Buyback by $50M

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Texas Roadhouse, Inc. (NASDAQ: TXRH) declared a quarterly dividend of $0.08 per share, or $0.32 annualized.

The dividend will be payable on September 30, 2011, to stockholders of record on September 14, 2011, with an ex-dividend date of September 12, 2011.

The annual yield on the dividend is 2.4 percent.

The Company announced today that on August 18, 2011 its Board of Directors approved a $50.0 million increase in the Company’s stock repurchase program.

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