DIVIDEND ANNOUNCEMENT: Meritage Hospitality Group Inc (OTCBB:MHGU) on 11/07/2023 declared a dividend of $0.0600 per share

Meritage Hospitality Group Inc (OTCBB:MHGU) on 11/07/2023 declared a dividend of $ 0.0600 per share payable on January 01, 2024 to shareholders of record as of December 15, 2023. Dividend amount recorded is a decrease of $ 0.03 from last dividend Paid.

Meritage Hospitality Group Inc (OTCBB:MHGU) has paid dividends since 2012, has a current dividend yield of 0.6220839620% and has increased its dividends for 2 successive years.

Meritage Hospitality Group Inc's market cap is $ 104,937,600 and has a PE ratio of 0.00. The stock price closed yesterday at $ 19.29 and has a 52 week low/high of $ 17.00 and $ 21.30.

Meritage Hospitality Group operates Wendy's quick-service restaurants. Co.'s Wendy's restaurants are a franchisee of Quality Is Our Recipe, LLC, a subsidiary of The Wendy's Company. Co. operates Wendy's restaurants in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas and Virginia. Co. also owns independent restaurants operating under several concepts throughout Michigan which include Morning Belle restaurants, Stan's Tacos, Freighters Eatery & Taproom, and Twisted Roosters. All restaurants were launched as Co.'s own original concepts.

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