MTY Food Group raises quarterly dividend by 12 per cent

Advertisement

Advertise with us

MONTREAL - Restaurant franchiser and operator MTY Food Group Inc. is raising its quarterly dividend by 12 per cent.

Read this article for free:

or

Already have an account? Log in here »

To continue reading, please subscribe:

Monthly Digital Subscription

$1 per week for 24 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*Billed as $4.00 plus GST every four weeks. After 24 weeks, price increases to the regular rate of $19.95 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.

Monthly Digital Subscription

$4.99/week*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*Billed as $19.95 plus GST every four weeks. Cancel any time.

To continue reading, please subscribe:

Add Free Press access to your Brandon Sun subscription for only an additional

$1 for the first 4 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles
Start now

No thanks

*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.

MONTREAL – Restaurant franchiser and operator MTY Food Group Inc. is raising its quarterly dividend by 12 per cent.

The company behind more than 80 banners including Thai Express, Manchu Wok and Baton Rouge says it will now pay a quarterly dividend of 37 cents per share, up from 33 cents.

The new dividend will be payable on Feb. 13 to shareholders of record on Feb. 3.

Eric Lefebvre, CEO of MTY Food Group Inc., a Canadian franchiser and operator of numerous casual dining and quick service restaurants poses in front of two of their food court brands, Manchu Wok and Thai Express, in Montreal, Monday, Dec. 2, 2024. THE CANADIAN PRESS/Christinne Muschi
Eric Lefebvre, CEO of MTY Food Group Inc., a Canadian franchiser and operator of numerous casual dining and quick service restaurants poses in front of two of their food court brands, Manchu Wok and Thai Express, in Montreal, Monday, Dec. 2, 2024. THE CANADIAN PRESS/Christinne Muschi

The shares will have an annual yield of 3.7 per cent, based on MTY’s share price of $40.01 on Tuesday.

MTY chief executive Eric Lefebvre says the increase underscores the board of directors’ confidence in MTY’s ability to generate sustainable cash flow and deliver long-term value. 

The company announced late last year that it had initiated a review of strategic alternatives, including a possible a sale of all or part of the business.

This report by The Canadian Press was first published Jan. 21, 2026.

Companies in this story: (TSX:MTY)

Report Error Submit a Tip

Business

LOAD MORE