Marcus Corporation raises quarterly dividend by 10.5%

Freeman Staff

April 16, 2015

MILWAUKEE - The directors of The Marcus Corporation declared a quarterly dividend of $0.105 per share of common stock on Thursday, a 10.5 percent increase from the prior dividend rate of $0.095.

The first dividend at the new rate will be paid May 15, to shareholders of record on April 27.

“The dividend increase reflects our strong financial performance and ongoing commitment to increase shareholder value. Our solid balance sheet enables us to return capital to shareholders through cash dividends and share repurchases, while at the same time continuing to invest in our two businesses and pursue future growth opportunities,” said Stephen H. Marcus, chairman of The Marcus Corporation, in a statement.

Headquartered in Milwaukee, The Marcus Corporation is a leader in the lodging and entertainment industries, with significant company-owned real estate assets.