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GRAND RAPIDS, Mich., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today announced that the Company’s Board of Directors approved a special quarterly dividend of $0.12 per share. The dividend is payabl...
GRAND RAPIDS, Mich., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group, Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today announced it has commenced construction on its first Taco John’s location in Wyoming, Michigan. “We are pleased to...
GRAND RAPIDS, Mich., July 15, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the second quarter ended July 3, 2022. Second Quarter Highlights Sales increased 9.3% ...
Meritage Hospitality Group ( OTCQX:MHGU ) has acquired six Wendy’s restaurants located in the Jacksonville, Florida area. The company funded the acquisition with cash on hand and expects the six additional restaurants to add ~$11M in annual sales and be accret...
GRAND RAPIDS, Mich., July 14, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise restaurant operator, announced today that it has acquired six Wendy’s restaurants located in the Jacksonville, Florida area. “The a...
Meritage Hospitality Group (OTCQX:MHGU) declares $0.12/share quarterly dividend, 50% increase from prior dividend of $0.08. Forward yield 2.4% Payable July 1; for shareholders of record June 15; ex-div June 14. See MHGU Dividend Scorecard, Yield Chart, & Dividend Growth. For further det...
GRAND RAPIDS, Mich., May 17, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today during the Annual Shareholders Meeting, that the Company’s shareholders approved Proposal 1, electing eight directors: ...
GRAND RAPIDS, Mich., April 15, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the first quarter ended April 3, 2022. First Quarter Highlights Sales increased 8.4% ...
GRAND RAPIDS, Mich., March 24, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group, Inc. (OTCQX: MHGU), the nation’s premier franchise restaurant operator, today announced it has closed on the sale of its Twisted Rooster restaurant concept. The sale of the concept will result in a on...
Meritage Hospitality Group (OTCQX:MHGU -3.3%) has reported 6.1% increase in 4Q21 sales to $148.5M. Full-year sales increased to $577.1M (+11.8% Y/Y). Earnings from operations for the full-year were $18.1M compared to $25.8M last year. EBITDA increased 1.6% Y/Y to $47.5M. FY21 EPS of $1.81 (+1...
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GRAND RAPIDS, Mich., May 24, 2024 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today during the Annual Shareholders Meeting, that the Company’s shareholders approved the election of six directors: Chris A. Armb...