FRANCHISE GROUP, INC. : Other Events (form 8-K)

Item 8.01. Other Events.

On September 24, 2020, the Board of Directors of Franchise Group, Inc. (the "Company") declared the initial quarterly dividend on the Company's 7.50% Series A Cumulative Perpetual Preferred Stock, par value $0.01 per share and liquidation preference of $25.00 per share (the "Series A Preferred Stock"), to be paid in cash at a rate of $0.140625 per share, on or about October 15, 2020 to holders of record of the Series A Preferred Stock as of October 4, 2020.

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