MONCTON, N.B., April 8 /CNW Telbec/ - Imvescor Restaurant Group Inc. (TSX: IRG) announced today that its Board of Directors has declared a second-quarter dividend of $0.075 per common share, payable May 31, 2010 to shareholders of record on May 14, 2010.
"We are pleased to pay our second quarterly dividend as a publicly traded company," said Ron Magruder, president and chief executive officer. "The dividend we are announcing today is in line with our previously declared dividend policy of paying $0.30 per share in quarterly payouts of $0.075 per share."
About Imvescor Restaurant Group
Headquartered in Moncton, New Brunswick, Imvescor Restaurant Group owns franchised and corporate stores throughout Canada, under four brands: Pizza Delight(R) operates primarily in Atlantic Canada, where it dominates the family/mid-scale segment. Mikes(R) and Scores(R) restaurants operate primarily in Quebec in the family and casual dining segments and the take-out and delivery segments. Baton Rouge(R) operates in the Province of Quebec and Ontario in the casual dining segment.
SOURCE Imvescor Restaurant Group Inc.
For further information: For further information: Brigitte Viel, Cohn & Wolfe, (514) 845-2257, ext 243; William R. Lane, CMA, Executive Vice-President and Chief Financial Officer, Imvescor Restaurant Group, (506) 853-8412; http://www.imvescor.ca; For more information about our brands: Mikes(R): http://www.mikes.ca, Pizza Delight(R): http://www.pizzadelight.com, Bâton Rouge(R): http://www.batonrougerestaurants.com, Scores(R): http://www.scores.ca