Brinker International, Inc. (EAT) Raises Quarterly Dividend 16.7% to $0.28; Adds $350M to Buyback Plan

Brinker International, Inc. (NYSE: EAT) declared a quarterly dividend of $0.28 per share, or $1.12 annualized. This is a 16.7% increase from the prior dividend of $0.24.

The dividend will be payable on September 25, 2014, to stockholders of record on September 5, 2014, with an ex-dividend date of September 3, 2014.

The annual yield on the dividend is 2.3 percent.

Brinker's Board of Directors also authorized an additional $350 million in share repurchases, bringing the total share repurchase authorization to approximately $3.9 billion as of today's date.

For a dividend history and other dividend-related data on Brinker International, Inc. (EAT) click here.

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