Dine Brands Global Declares $0.19 Quarterly Dividend
Dine Brands Global, the franchisor of Applebee's and IHOP restaurants, declared a quarterly cash dividend of $0.19 per share. The payment will go to shareholders of record on March 18, 2026.
Dine Brands Global, Inc. (NYSE: DIN), the franchisor of Applebee's and IHOP restaurant chains, declared a quarterly cash dividend of $0.19 per share on February 20, 2026. The dividend will be paid on April 10, 2026, to shareholders of record at the close of business on March 18, 2026. Read more dividend announcements.
The declaration continues the company's regular quarterly distribution pattern. In 2025, Dine Brands paid approximately $31 million in total dividends to shareholders, the same amount distributed in 2024.
| Dividend Details | |
|---|---|
| Amount | $0.19 per share |
| Record Date | March 18, 2026 |
| Payment Date | April 10, 2026 |
| Declaration Date | February 20, 2026 |
Capital Allocation Activity
During fiscal 2025, the company returned a total of approximately $92 million to shareholders through dividends and share repurchases. The company repurchased approximately $61 million of its common stock during the year, a significant increase from the approximately $12 million repurchased in 2024.
As of December 28, 2025, Dine Brands held approximately $201.7 million in total cash, cash equivalents and restricted cash. Unrestricted cash totaled approximately $128.2 million. The company maintains over $224 million in available borrowing capacity under its 2025 Variable Funding Senior Notes, Class A-1.
2026 Outlook
The company provided fiscal 2026 guidance projecting consolidated adjusted EBITDA between approximately $220 million and $230 million. The outlook reflects positive trends in the franchise business and modest improvement in company-owned restaurants.
Dine Brands expects domestic same-restaurant sales performance for both Applebee's and IHOP to range between 0% and 2%. The company anticipates at least 50 domestic dual-branded restaurant openings during the year, primarily driven by franchisees.
General and administrative expenses are expected to range between approximately $205 million and $210 million, including roughly $35 million in non-cash stock-based compensation and depreciation. Capital expenditures are projected between approximately $25 million and $35 million.