Frisch’s Restaurants, Inc. (FRS) Boosts Dividend By 8%
Frisch's Restaurants, Inc. (FRS) declared a $0.13 dividend, up 8% or $0.01 from the previous quarter. The company has paid a dividend for 195 consecutive quarters, starting with its first quarter as a public company in 1960. The dividend is payable on October 9, 2009 to shareholders of record on September 21. Frisch's Restaurants reported net income of $2.9 million, or $0.56 per share, in its fourth fiscal quarter that ended 6/2/2009. Revenues were $71 million, down 4% from the same quarter of 2008. Same store sales were up 4% in the quarter. Frisch's Restaurants, Inc. operates a chain of…