Cheesecake Factory (NASDAQ: CAKE) declared a quarterly dividend of $0.29 per share, or $1.16 annualized. This is a 20.8% increase from the prior dividend of $0.24.

The dividend will be payable on August 29, 2017, to stockholders of record on August 16, 2017, with an ex-dividend date of August 14, 2017.

The annual yield on the dividend is 2.5 percent.

For a dividend history and other dividend-related data on Cheesecake Factory (CAKE) click here.