Marcus Boosts Quarterly Dividend 10.5%

(RTTNews) - Marcus Corp. (MCS) on Thursday declared a regular quarterly cash dividend of $0.105 per share, a 10.5% increase from the prior dividend rate of $0.095 per share.

The first dividend at the new rate will be paid on 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 Marcus, chairman of Marcus.