@CompanyFence382 1 year ago
Dine Brands yields ~9.5%, but the dividend is under threat
Dine Brands yields ~9.5%, but the dividend is under threat
which is the parent of IHOP/Applebee’s, currently yields around 9.5%, but an activist investor is calling for a dividend suspension. This is due to the company’s $1.1 Billion long term debt and thin EBITDA which is around $220 Million. :(