Dave & Buster’s Increases Quarterly Cash Dividend by 7% to $0.16 Per Share
September 20 2019 - 8:30AM
Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave
& Buster's" or "the Company"), an owner and operator of
entertainment and dining venues, today announced that the Company’s
Board of Directors has declared a quarterly cash dividend of $0.16
per common share, which represents an approximately 7% increase
over the previous quarterly cash dividend of $0.15 per share. This
cash dividend is payable on November 11, 2019 to shareholders of
record on October 11, 2019.
About Dave & Buster’s Entertainment,
Inc.
Founded in 1982 and headquartered in Dallas,
Texas, Dave & Buster's Entertainment, Inc., is the owner and
operator of 133 venues in North America that combine entertainment
and dining and offer customers the opportunity to "Eat Drink Play
and Watch," all in one location. Dave & Buster's offers a full
menu of entrées and appetizers, a complete selection of alcoholic
and non-alcoholic beverages, and an extensive assortment of
entertainment attractions centered around playing games and
watching live sports and other televised events. Dave &
Buster's currently has stores in 39 states, Puerto Rico, and
Canada.
Forward-Looking Statements
The statements contained in this release that
are not historical facts are forward-looking statements. These
forward-looking statements involve risks and uncertainties and,
consequently, could be affected by our level of indebtedness,
general business and economic conditions, the impact of
competition, the seasonality of the Company's business, adverse
weather conditions, future commodity prices, guest and employee
complaints and litigation, fuel and utility costs, labor costs and
availability, changes in consumer and corporate spending, changes
in demographic trends, changes in governmental regulations,
unfavorable publicity, our ability to open new stores, and acts of
God. Accordingly, actual results may differ materially from
the forward-looking statements, and the Company therefore cautions
you against relying on such forward-looking statements. Dave
& Buster's intends these forward-looking statements to speak
only as of the time of this release and does not undertake to
update or revise them as more appropriate information becomes
available, except as required by law.
For Investor Relations Inquiries:Arvind Bhatia, CFADave &
Buster’s Entertainment,
Inc.214.904.2202arvind.bhatia@daveandbusters.com
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