Dine Brands Global, Inc. Announces Quarterly Dividend of $0.19 (NYSE:DIN)

Dine Brands Global, Inc. (NYSE:DIN) has declared a quarterly dividend of $0.19 per share, payable on October 9th to shareholders of record on September 16th. This dividend represents an annualized payout of $0.76 and a 2.4% yield, which appears well-covered by the company's earnings with a payout ratio of 14.6%. Despite the dividend announcement, Dine Brands' shares fell 1.6% to $31.65, and the company recently missed EPS estimates in its latest quarter, reporting $1.16 against an expected $1.20, though revenue rose by 4.4% year-over-year.