Ruth's Hospitality Group (RUTH) Declares $0.07 Quarterly Dividend; 1.6% Yield

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Go back to Ruth's Hospitality Group (RUTH) Declares $0.07 Quarterly Dividend; 1.6% Yield

Ruth’s Hospitality Group, Inc. Reports First Quarter 2016 Financial Results

April 28, 2016 7:00 AM EDT

Company-owned Comparable Restaurant Sales Increase 3.1%

Board Authorizes New $60 Million Share Repurchase Program and Declares $0.07 Per Share Quarterly Dividend

WINTER PARK, Fla.--(BUSINESS WIRE)-- Ruths Hospitality Group, Inc. (NASDAQ: RUTH) today reported unaudited financial results for its first quarter ended March 27, 2016 and announced a new $60 million share repurchase program and a quarterly cash dividend of $0.07 per share to be paid in the second quarter.

Highlights for the first quarter of 2016 compared to the first quarter of 2015 were as follows:

The Company reported net... More