Monro, Inc. Approves Cash Dividend for the First Quarter of Fiscal Year 2025, Payable on June 18, 2024
May 23, 2024 at 07:30 am EDT
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Monro, Inc. announced that its Board of Directors has approved a cash dividend for the first quarter of fiscal year 2025 of $0.28 per share. The cash dividend is payable on June 18, 2024 on the Company?s outstanding shares of common stock, including the shares of common stock to which the holders of the Company?s Class C Convertible Stock are entitled. The dividend is payable to shareholders of record on June 4, 2024.
Monro, Inc. is an operator of retail tire and automotive repair stores in the United States. The Company offers replacement tires and tire related services, automotive undercar repair services, and a range of routine maintenance services, primarily on passenger cars, light trucks, and vans. The Company also provides other products and services for brakes; mufflers and exhaust systems, and steering, drive train, suspension, and wheel alignment. The Companyâs retail tire and automotive repair stores operate primarily under the brands Monro Auto Service and Tire Centers, Tire Choice Auto Service Centers, Mr. Tire Auto Service Centers, Car-X Tire & Auto, Tire Warehouse Tires for Less, Ken Toweryâs Tire & Auto Care, Mountain View Tire & Auto Service, and Tire Barn Warehouse. It has approximately 1,288 Company-operated retail stores located in 32 states and 50 Car-X franchised locations. Its subsidiaries include Monro Service Corporation; Car-X, LLC, and MNRO Holdings, LLC.