The board of directors for Brinker International Inc. (NYSE: EAT – News) declared a quarterly dividend of $0.16 per share on the common stock of the company payable on Sept. 29, 2011 to shareholders of record as of Sept. 9, 2011.
This represents a 14 percent increase in Brinker's quarterly dividend.
Brinker currently owns, operates, or franchises 1,579 restaurants under the names Chili's Grill & Bar (1,534 restaurants) and Maggiano's Little Italy (45 restaurants) and holds a minority investment in Romano's Macaroni Grill.
