Texas Roadhouse Keeps Dividend Steady

Restaurant chain Texas Roadhouse will be keeping its dividend payout steady this quarter at $0.12 per share of common stock, the company announced this week.

This is the same amount the company has paid its investors since March, after raising the payout 33% from $0.09. Additionally, in December 2012 Texas Roadhouse paid a special dividend of $0.10 per share.

The company's most recent amount will be payable on Sept. 27 to stockholders of record as of Sept. 11. Annualized, the dividend adds up to $0.48 per share. As of the market's close on Aug. 27, Texas Roadhouse's stock was trading at $24.84, which means its dividend payout currently yields 1.9%.

TXRH Dividend Chart

TXRH Dividend data by YCharts.

The article Texas Roadhouse Keeps Dividend Steady originally appeared on Fool.com.

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