Cracker Barrel (NASDAQ: CBRL) declared a quarterly dividend of $1.25 per share, or $5 annualized.

The dividend will be payable on February 5, 2019, to stockholders of record on January 18, 2019, with an ex-dividend date of January 17, 2019.

The annual yield on the dividend is 2.9 percent.

Commenting on the first quarter results, Cracker Barrel President and Chief Executive Officer Sandra B. Cochran said, "Our teams made progress on improving traffic through a heightened focus on the guest experience, our menu, our everyday value, and the continued expansion of our off-premise business. We delivered positive comparable store sales in both restaurant and retail, and we improved upon our fourth quarter sales trend. I am encouraged by our start to the fiscal year, and we must continue to work hard to drive further traffic improvement."

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