Exhibit 99.1
News Release
Investor Contact
Matt Lee
Sr. Vice President, Finance and Investor
Relations
Dine Brands Global, Inc.
IR@dinebrands.com
Media Contact
Susan Nelson
Sr. Vice President, Global Communications
Dine Brands Global, Inc.
Susan.Nelson@dinebrands.com
Dine Brands Global,
Inc. Announces First Quarter 2024 Dividend
Pasadena, Calif., February 26, 2024 Dine Brands Global, Inc. (NYSE: DIN), the
parent company of Applebees Neighborhood Grill + Bar®, IHOP® and Fuzzys Taco Shop® restaurants, today announced that its Board of Directors declared a quarterly cash dividend of $0.51 per share of common stock. The dividend will be payable on April 5, 2024, to the
Companys stockholders of record at the close of business on March 20, 2024.
About Dine Brands Global, Inc.
Based in Pasadena, California, Dine Brands Global, Inc. (NYSE: DIN), through its subsidiaries and franchisees, supports and operates restaurants under the
Applebees Neighborhood Grill + Bar®, IHOP®, and Fuzzys Taco Shop®
brands. As of December 31, 2023, these three brands consisted of over 3,500 restaurants across 18 international markets. Dine Brands is one of the largest full-service restaurant companies in the world and in 2022 expanded into the Fast Casual
segment. For more information on Dine Brands, visit the Companys website located at www.dinebrands.com.
Forward-Looking Statements
Statements contained in this
press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. You can identify these forward-looking
statements by words such as may, will, would, should, could, expect, anticipate, believe, estimate, intend, plan,
goal and other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results to be materially different from those expressed or implied in such statements. These
factors include, but are not limited to: uncertainty regarding the duration and severity of the ongoing COVID-19 pandemic and its ultimate impact on the Company; the effectiveness of related containment
measures; general economic conditions, including the impact of inflation; our level of indebtedness; compliance with the terms of our securitized debt; our ability to refinance our current
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