Wingstop (WING) Declares $2.90 Special Dividend; 10.7% Yield
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Wingstop Inc.’s High-Growth, Asset-Light Model Delivers Value to Shareholders
June 30, 2016 4:05 PM EDTCompany Closes on $180 Million Senior Secured Debt Facility Declares $2.90 per Share Special Cash Dividend
DALLAS, June 30, 2016 (GLOBE NEWSWIRE) -- Wingstop Inc. (NASDAQ: WING) the award-winning wing concept with more than 900 locations worldwide, announced today that it has closed on a new $180 million senior secured debt facility and that its Board of Directors has declared a special cash dividend of $2.90 per share to shareholders, which represents approximately 10% of Wingstop, Inc.s total market capitalization. The new senior secured debt facility replaces the existing March 2015 debt facility.
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